Last 21 quarters of trend data · Real Estate · REIT - Mortgage
Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.
| Metric | TTM | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E Ratio → | 6.36 | 7.88 | 12.30 | 8.07 | 7.61 | 8.51 | 7.82 | 9.88 | 6.92 | 8.35 | 8.39 | 7.93 | 6.81 | 8.06 | 5.63 | 9.19 | 6.55 | 8.96 | 10.07 | 16.65 | — |
| — | -7.4% | +57.4% | -18.4% | +10.0% | +2.0% | -6.8% | +24.6% | +1.6% | +3.6% | +49.0% | -13.7% | +4.0% | -10.1% | -44.1% | -44.8% | — | — | — | — | — | |
| P/S Ratio | 3.61 | 3.82 | 4.01 | 4.09 | 5.02 | 5.14 | 5.99 | 5.62 | 5.38 | 5.79 | 5.55 | 4.98 | 4.94 | 5.07 | 4.10 | 4.53 | 5.06 | 6.45 | 8.10 | 7.88 | — |
| — | -25.6% | -33.1% | -27.2% | -6.7% | -11.3% | +7.9% | +12.9% | +8.8% | +14.4% | +35.6% | +9.9% | -2.4% | -21.5% | -49.4% | -42.5% | — | — | — | — | — | |
| P/B Ratio | 0.74 | 0.77 | 0.80 | 0.85 | 0.89 | 0.97 | 1.01 | 1.01 | 1.05 | 1.04 | 1.03 | 1.10 | 0.99 | 1.01 | 0.89 | 1.01 | 0.95 | 1.00 | 1.17 | 1.10 | — |
| — | -20.2% | -20.3% | -15.6% | -15.8% | -7.3% | -2.2% | -8.5% | +6.3% | +3.2% | +15.3% | +9.1% | +4.6% | +1.6% | -23.6% | -7.9% | — | — | — | — | — | |
| P/FCF | 7.91 | 6.43 | 19.22 | 10.08 | 8.39 | 11.60 | 10.25 | 42.73 | 9.48 | 12.30 | 10.62 | 4.84 | 68.31 | 6.78 | 35.64 | 14.45 | 12.78 | 15.40 | 25.90 | — | — |
| — | -44.6% | +87.5% | -76.4% | -11.5% | -5.7% | -3.5% | +782.2% | -86.1% | +81.4% | -70.2% | -66.5% | +434.4% | -56.0% | +37.6% | — | — | — | — | — | — | |
| EV / EBITDA | 8.65 | 6.82 | 12.05 | 10.61 | — | — | — | — | 1123.07 | 1023.13 | 1012.78 | 9.61 | — | — | 3.61 | — | 3.67 | 4.73 | 4.90 | 6.98 | — |
| — | — | — | — | — | — | — | — | — | — | +27918.8% | — | — | — | -26.3% | — | — | — | — | — | — | |
| EV / EBIT | 8.65 | 6.82 | 12.05 | 10.61 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
Quarterly margins and returns. Watch for margin compression across consecutive quarters.
| Metric | TTM | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 86.9% | 89.5% | 88.7% | 87.9% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 99.7% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 98.7% | 99.1% |
| — | -10.5% | -11.3% | -12.1% | 0.0% | 0.0% | 0.0% | 0.0% | +0.3% | 0.0% | 0.0% | 0.0% | -0.3% | 0.0% | 0.0% | +1.3% | +0.9% | 0.0% | — | — | — | |
| Operating Margin | 57.1% | 64.8% | 45.4% | 50.7% | — | — | — | — | — | — | — | 61.8% | -12907.2% | — | 72.2% | — | 77.4% | 72.1% | 80.4% | 81.7% | 99.4% |
| — | — | — | — | — | — | — | — | — | — | — | — | -16783.2% | — | -10.2% | — | -22.2% | — | — | — | — | |
| Net Margin | 57.1% | 49.1% | 31.9% | 50.7% | 65.3% | 60.8% | 77.0% | 57.0% | 77.5% | 69.7% | 66.0% | 62.3% | 72.2% | 63.3% | 72.2% | 49.1% | 77.4% | 72.1% | 80.4% | 81.7% | 98.8% |
| — | -19.3% | -58.5% | -10.9% | -15.8% | -12.7% | +16.7% | -8.5% | +7.4% | +10.1% | -8.6% | +26.7% | -6.7% | -12.2% | -10.2% | -39.8% | -21.7% | -23.2% | — | — | — |
| Metric | TTM | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 11.7% | 2.5% | 1.6% | 2.6% | 2.9% | 2.9% | 3.2% | 2.6% | 3.8% | 3.2% | 3.1% | 3.4% | 3.6% | 3.2% | 4.0% | 2.7% | 3.6% | 2.8% | 2.9% | 3.8% | 4.4% |
| — | -13.6% | -51.1% | +0.8% | -24.4% | -9.9% | +3.5% | -23.6% | +5.0% | +0.2% | -21.5% | +26.3% | +0.1% | +14.1% | +36.3% | -29.1% | -17.5% | +46.2% | — | — | — | |
| ROA | 8.4% | 1.7% | 1.1% | 1.9% | 2.0% | 2.0% | 2.4% | 2.0% | 3.0% | 2.4% | 2.4% | 2.6% | 2.9% | 2.6% | 3.2% | 2.1% | 2.9% | 2.4% | 2.8% | 3.6% | 4.2% |
| — | -18.4% | -52.4% | -3.2% | -32.0% | -14.4% | +0.5% | -25.1% | +2.0% | -9.8% | -26.8% | +24.5% | +1.4% | +10.5% | +16.0% | -41.5% | -30.7% | +31.3% | — | — | — | |
| ROIC | 6.9% | 2.0% | 1.3% | 1.6% | — | — | — | — | — | — | — | 2.1% | -425.5% | — | 2.2% | — | 2.4% | 2.0% | 2.6% | 3.7% | 3.5% |
| — | — | — | — | — | — | — | — | — | — | — | — | -18129.4% | — | -14.5% | — | -32.8% | — | — | — | — |
Quarterly solvency trend — watch for debt spikes or covenant pressure.
| Metric | TTM | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.32 | 0.16 | 0.38 | 0.32 | 0.33 | 0.39 | 0.28 | 0.34 | 0.18 | 0.26 | 0.28 | 0.24 | 0.23 | 0.16 | 0.28 | 0.44 | 0.20 | 0.17 | — | — | — |
| — | -57.8% | +36.8% | -5.1% | +79.5% | +48.1% | -1.3% | +38.8% | -20.0% | +66.9% | +3.1% | -44.7% | +16.4% | -6.2% | — | — | — | — | — | — | — | |
| Debt / EBITDA | 2.73 | 5.02 | 16.92 | 12.07 | — | — | — | — | 676.96 | 837.17 | 893.69 | 7.07 | — | — | 3.46 | — | 2.60 | 2.79 | — | — | — |
| — | — | — | — | — | — | — | — | — | — | +25695.7% | — | — | — | — | — | — | — | — | — | — | |
| Current Ratio | 0.28 | 0.40 | 0.40 | 0.28 | 0.50 | 19.87 | 27.45 | 21.74 | 24.58 | 25.63 | 26.21 | 18.53 | 29.67 | 27.15 | — | — | 4.92 | 4.94 | 18.00 | 22.75 | 20.21 |
| — | -98.0% | -98.5% | -98.7% | -98.0% | -22.5% | +4.7% | +17.3% | -17.2% | -5.6% | — | — | +503.6% | +449.8% | — | — | -75.7% | -85.2% | — | — | — | |
| Quick Ratio | 0.28 | 0.40 | 0.40 | 0.28 | 0.50 | 19.87 | 27.45 | 21.74 | 24.58 | 25.63 | 26.21 | 18.53 | 29.67 | 27.15 | — | — | 4.92 | 4.94 | 18.00 | 22.75 | 20.21 |
| — | -98.0% | -98.5% | -98.7% | -98.0% | -22.5% | +4.7% | +17.3% | -17.2% | -5.6% | — | — | +503.6% | +449.8% | — | — | -75.7% | -85.2% | — | — | — | |
| Interest Coverage | 4.77 | 4.13 | 3.37 | 4.44 | — | — | — | — | — | — | — | 5.52 | -1229.85 | — | 6.61 | — | 11.34 | 16.60 | 107.99 | — | 162.37 |
| — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
Includes 30+ ratios · 21 years · Updated daily
Live VCP patterns, Cup & Handle overlays, support/resistance, and AI trade plans.
High-probability breakout stocks crossing their pivot across 5 pattern engines.
DCF models, multiple analysis, and analyst estimates.
10-year return with dividends reinvested.
Compare growth, multiples, and margins vs sector.
Quick answers to the most common questions about buying REFI stock.
Chicago Atlantic Real Estate Finance, Inc.'s current P/E is 6.4x. The average P/E over the last 4 quarters is 9.0x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.
Chicago Atlantic Real Estate Finance, Inc.'s current operating margin is 57.1%. Margins have been expanding over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.
Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking Chicago Atlantic Real Estate Finance, Inc.'s business trajectory between earnings reports.