WhiteHorse Finance (WHF) EV to FCF (2022 - 2026)
WhiteHorse Finance's EV to FCF was 1.74 in Q2 2026, down 54.4% from 3.82 a year earlier but up 30.8% from the prior quarter.
WhiteHorse Finance (WHF) EV to FCF (2022 - 2026) Analysis & Trends
On a trailing twelve-month basis, WhiteHorse Finance's EV to FCF was 1.38 through Jun 30, 2026, down 55.9% 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.
- Quarterly EV to FCF has moved between 1.33 (Q1 2026) and 7.19 (Q2 2023) over five years.
- Compared with a year earlier, EV to FCF has declined for four straight quarters, with an average decline of 23.3% over the last eight quarters.
- The best year-over-year quarter for EV to FCF over five years was Q2 2025 (growth of 41.9%); the worst was Q2 2024 (a decline of 62.6%).
- Per Business Quant data, WHF's EV to FCF in the three quarters before Q2 2026 was 1.33 (Q1 2026), 1.91 (Q4 2025) and 1.55 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Rocket Companies | 43.26 Bn | 28.94 Bn | - |
| 2 | Orix | 42.40 Bn | 42.90 Bn | - |
| 3 | Royalty Pharma | 33.56 Bn | 33.47 Bn | - |
| 4 | Federal National Mortgage Association Fannie Mae | 24.47 Bn | 24.47 Bn | - |
| 5 | Affirm Holdings | 23.34 Bn | 17.03 Bn | - |
| 6 | Synchrony Financial | 23.06 Bn | -44.91 Bn | - |
| 7 | Royal Gold | 19.98 Bn | 19.21 Bn | 390.45 Mn |
| 8 | Annaly Capital Management | 14.18 Bn | 5.27 Bn | - |
| 9 | Ares Capital | 13.71 Bn | 11.15 Bn | - |
| 10 | WhiteHorse Finance | 150.12 Mn | 113.30 Mn | - |
Historic Data
| Date | Value |
|---|---|
| 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 |
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_KEY
import 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();