WhiteHorse Finance (WHF) Enterprise Value (2013 - 2026)
WhiteHorse Finance (WHF) recorded Enterprise Value of $143.01 million in Q3 2026, down 5.5% from $151.3 million a year earlier but up 5.6% from the prior quarter.
WhiteHorse Finance (WHF) Enterprise Value (2013 - 2026) Analysis & Trends
On a TTM basis, WhiteHorse Finance's Enterprise Value came in at $115.73 million as of Sep 30, 2026, down 1.0% year-over-year; for FY2025, it was $147.49 million, down 30.6% from FY2024.
- Annual Enterprise Value has declined for four straight years, with a five-year compound annual growth rate of -11.5% (FY2020 to FY2025).
- Across earlier years, Enterprise Value came in at $212.57 million in FY2024 (-22.7%), $275.14 million in FY2023 (-6.4%), $293.81 million in FY2022 (-15.3%) and $346.84 million in FY2021 (+27.7%).
- Quarterly Enterprise Value has ranged from $135.43 million in Q2 2026 to $347.57 million in Q1 2022 over the past five years.
- On a year-over-year basis, Enterprise Value has declined for 12 consecutive quarters, with an average decline of 26.4% over the last eight quarters.
- Peak year-over-year performance for Enterprise Value in the last five years was growth of 27.7% in Q4 2021, against a decline of 41.3% in Q3 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at $135.43 million (Q2 2026), $149.69 million (Q1 2026) and $147.49 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Royalty Pharma | 39.80 Bn | 40.13 Bn | - |
| 2 | Rocket Companies | 38.90 Bn | 27.72 Bn | - |
| 3 | Orix | 38.66 Bn | 9.30 Bn | 13.83 Bn |
| 4 | Federal National Mortgage Association Fannie Mae | 26.46 Bn | -16,107.65 Bn | - |
| 5 | Synchrony Financial | 22.47 Bn | -45.15 Bn | - |
| 6 | Affirm Holdings | 22.07 Bn | 15.11 Bn | - |
| 7 | Royal Gold | 21.71 Bn | 20.92 Bn | 402.46 Mn |
| 8 | Ares Capital | 13.84 Bn | 11.59 Bn | - |
| 9 | Annaly Capital Management | 13.83 Bn | 4.86 Bn | - |
| 10 | WhiteHorse Finance | 177.40 Mn | 143.00 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 143.01 Mn |
| Jun 30, 2026 | 135.43 Mn |
| Mar 31, 2026 | 149.69 Mn |
| Dec 31, 2025 | 147.49 Mn |
| Sep 30, 2025 | 151.30 Mn |
| Jun 30, 2025 | 192.15 Mn |
| Mar 31, 2025 | 212.85 Mn |
| Dec 31, 2024 | 212.57 Mn |
| Sep 30, 2024 | 257.76 Mn |
| Jun 30, 2024 | 272.34 Mn |
| Mar 31, 2024 | 275.36 Mn |
| Dec 31, 2023 | 275.14 Mn |
| Sep 30, 2023 | 286.19 Mn |
| Jun 30, 2023 | 287.80 Mn |
| Mar 31, 2023 | 279.26 Mn |
| Dec 31, 2022 | 293.81 Mn |
| Sep 30, 2022 | 248.14 Mn |
| Jun 30, 2022 | 296.18 Mn |
| Mar 31, 2022 | 347.57 Mn |
| Dec 31, 2021 | 346.84 Mn |
WhiteHorse Finance Enterprise Value API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=enterprise-value&ticker=WHF&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "enterprise-value", "ticker": "WHF", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=enterprise-value&ticker=WHF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();