Chicago Atlantic Real Estate Finance, Inc.
Company Stats
- Market Cap
- $256.7M
- as of Sep 30, 2026
- Enterprise Value
- $291.8M
- Shares Outstanding
- 25.6M
- Free Float
- 89.7%
Income Statement
- Net Income
- $36.0M
Cash Flow
- Free Cash Flow
- $17.6M
- FCF Yield
- 6.9%
- Owner FCF Yield
- 5.6%
Balance Sheet
- Cash & Equivalents
- $14.9M
- Total Debt
- $50.0M
- Net Debt
- $35.1M
Returns & Capital
- Dividends Paid
- $43.8M
- Dividend Yield
- 17.1%
- Dividend Payout, 3Y Avg
- 111.7%
- SBC, 3Y Avg
- $2.6M
Cash Flow by Year
| Year | Revenue | FCF | Margin |
|---|---|---|---|
| FY2025 | — | $17.6M | — |
| FY2024 | — | $9.6M | — |
| FY2023 | — | $14.5M | — |
| FY2022 | $48.9M | $3.4M | 7.0% |
Annual filing data through FY ended December 31, 2025; shares and float as of October 14, 2026. Yields and enterprise value use the calculated market cap above, at its as-of date. Ratios are our calculations from reported figures.
Earnings
Other Coverage
September 28, 2026
QBook
Stronger demand supports expansion as pricing diverges
July 16, 2026
Financials Signal
Hard Assets Draw Capital as Financing Costs Stay High
July 4, 2026
Filings Beige Book
Companies Report Firm Demand, Relentless Cost Pressure
June 18, 2026
Deals
Chicago Atlantic to Buy BDC Peer in All-Stock Merger
Stronger demand supports expansion as pricing diverges
July 16, 2026
Financials Signal
Hard Assets Draw Capital as Financing Costs Stay High
July 4, 2026
Filings Beige Book
Companies Report Firm Demand, Relentless Cost Pressure
June 18, 2026
Deals
Chicago Atlantic to Buy BDC Peer in All-Stock Merger