Chicago Atlantic Real Estate Finance, Inc.
REFI Real Estate Reit Mortgage
Chicago Atlantic Real Estate Finance, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $55.4 million, up 0.80% from fiscal 2024.
- Revenue
- −11.0%
- EPS
- −16.7%
- Free cash flow
- +40.1%
Quarter to June 2026, against a year earlier
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Chicago Atlantic Real Estate Finance, Inc. (REFI) EV/Sales
As of 5 November 2026, Chicago Atlantic Real Estate Finance, Inc. (REFI) trades at a EV/Sales of 3.3×. Over the past ten years it has ranged from 0.0× (March 2022) to 15.5× (April 2022); the current reading is higher than 7% of that period. That is below the Reit Mortgage industry median of 15.7× and below the Real Estate sector median of 7.5×.
EV/Sales, daily
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Annual newest first
| Period | EV/Sales | Change |
|---|---|---|
| FY2025 | 4.4× | (11.17%) |
| FY2024 | 4.9× | 0.16% |
| FY2023 | 4.9× | (7.18%) |
| FY2022 | 5.3× | — |
| FY2021 | 0.0× | — |
Quarterly newest first
| Period | EV/Sales | Change |
|---|---|---|
| Jun 2026 | 4.0× | 4.71% |
| Mar 2026 | 3.8× | (13.24%) |
| Dec 2025 | 4.4× | 0.49% |
| Sep 2025 | 4.4× | (5.29%) |
| 17 more quarters | Free account |
Against its own ten years
EV/Sales against peers
| Company | EV/Sales |
|---|---|
| ARI Apollo Commercial Real Estate Finance compare | 1.3× |
| REFI Chicago Atlantic Real Estate Finance, Inc. | 3.3× |
| ABR Arbor Realty Trust compare | 4.3× |
| RC Ready Capital Corp compare | 7.3× |
| NREF NexPoint Real Estate Finance, Inc. compare | 8.4× |
| CMTG Claros Mortgage Trust, Inc. compare | 15.3× |
| MITT TPG Mortgage Investment Trust Inc. compare | 16.0× |
| ACR ACRES Commercial Realty Corp. compare | 22.9× |
| ACRE Ares Commercial Real Estate Corporation compare | 26.2× |
| Reit Mortgage industry median | 15.7× |
| Real Estate sector median | 7.5× |
| Market median | 2.1× |
What EV/Sales is
EV/Sales tells an investor how the value of a whole company, counting its debt and cash, compares with the sales it brings in.
((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ Revenue (TTM)