WhiteHorse Finance (WHF) EV to FCF (2013 - 2026)
WhiteHorse Finance's EV to FCF was 8.59 in Q3 2026, up 452.9% from 1.55 a year earlier and up 393.8% from the prior quarter.
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Analysis
WhiteHorse Finance (WHF) EV to FCF (2013 - 2026) Analysis & Trends
On a trailing twelve-month basis, WhiteHorse Finance's EV to FCF was 6.95 through Sep 30, 2026, up 479.1% year-over-year; for FY2025, it was 1.91, down 29.3% from FY2024.
- EV to FCF has now declined for three consecutive years.
- In earlier years, EV to FCF was 2.70 in FY2024 (-11.4%), 3.04 in FY2023 (-25.4%) and 4.08 in FY2022.
- The Q3 2026 figure marks the highest quarterly EV to FCF since Q3 2018.
- Compared with a year earlier, EV to FCF was higher in two of the last eight quarters, with growth averaging 33.1%.
- The best year-over-year quarter for EV to FCF over five years was Q3 2026 (growth of 452.9%); the worst was Q2 2024 (a decline of 62.6%).
- Per Business Quant data, WHF's EV to FCF in the three quarters before Q3 2026 was 1.74 (Q2 2026), 1.33 (Q1 2026) and 1.91 (Q4 2025).
Peer Set
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
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 8.59 |
| Jun 30, 2026 | 1.74 |
| Mar 31, 2026 | 1.33 |
| Dec 31, 2025 | 1.91 |
| Sep 30, 2025 | 1.55 |
| Jun 30, 2025 | 3.82 |
| Mar 31, 2025 | 3.03 |
| Dec 31, 2024 | 2.70 |
| Sep 30, 2024 | 3.51 |
| Jun 30, 2024 | 2.69 |
| Mar 31, 2024 | 3.92 |
| Dec 31, 2023 | 3.04 |
| Sep 30, 2023 | 3.47 |
| Jun 30, 2023 | 7.19 |
| Mar 31, 2023 | 3.55 |
| Dec 31, 2022 | 4.08 |
| Jun 30, 2019 | 8.43 |
| Mar 31, 2019 | 4.78 |
| Dec 31, 2018 | 7.63 |
| Sep 30, 2018 | 354.15 |
API Access
WhiteHorse Finance EV to FCF 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=ev-to-fcf&ticker=WHF&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-fcf", "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=ev-to-fcf&ticker=WHF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();