New Mountain Finance Corporation NMFC FINANCIAL
Company Overview
New Mountain Finance Corporation (Nasdaq: NMFC), a business development company, is a private equity/buyouts and loan fund that specializes in directly investing and lending to middle market companies in defensive growth industries. The fund prefers investing in buyout and middle market companies. It also makes investments in debt securities at all levels of the capital structure, including first and second lien debt, unsecured notes, and mezzanine securities. In some cases, its investments may also include equity interests. It targets energy, engineering and consulting services, specialty chemicals and materials, trading companies and distributors, commercial printing, diversified support services, education services, environmental and facilities services, office services and supplies, media, distributors, health care services, health care facilities, Life Sciences, Enterprise Software, Financial Services and Technology, application software, business services, systems software, federal services, distribution and logistics, interactive home entertainment, telecommunication services, hydroelectric power generation, electric power generation by fossil fuels, electric power generation by nuclear fuels, health care technology, and security and alarm services. The fund seeks to invest in the United States of America. It seeks to invest between $10 million and $125 million per transaction. The firm invests through both primary originations and open-market secondary purchases. It invests in companies with EBITDA between $10 million and $200 million. The fund seeks a majority stake in its portfolio companies.
Why Investors Should Care
Operating margin of 76.6% supports profitability.
Offers a dividend yield of 16.00%.
Generates positive free cash flow, funding growth and shareholder returns internally.
Recent Developments
- Dec 2025 Revenue of $14.84M (-88.0% YoY); net profit $16.49M.
- Trailing 12 Months Year-on-year growth — revenue -26.4%, earnings +157.1%.
- 5-Year Trend Long-term compounding — revenue CAGR -45.0%, profit CAGR -22.4%.
Growth & Price Performance
Compounded Sales Growth
| 5 Years: | -44.98% |
| 1 Year: | -26.40% |
Compounded Profit Growth
| 5 Years: | -22.37% |
| 1 Year: | 157.10% |
Stock Price Performance
| 1 Year: | -19.33% |
| 6 Months: | -0.49% |
| 3 Months: | -2.38% |
| 1 Month: | -5.03% |
Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.
- Price vs 50-DMAAbove
- Price vs 200-DMABelow
- RSI (14)44.61 · Neutral
Auto-generated from price history and fundamentals; not investment advice.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth Charts
No fundamental data available for this stock.
Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.
PROS
- Attractive dividend yield of 16.00%.
- Generates positive free cash flow.
CONS
- Revenue declined at -45.0% CAGR over 5 years.
- Earnings shrank at -22.4% CAGR over 5 years.
- In a downtrend (50-DMA below 200-DMA).
* The pros and cons are auto-generated from financial metrics.
Valuation
Growth (CAGR)
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Peer comparison
Peer companies in the same sector (Financial Services).
| # | Name | CMP $ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | NMFC New Mountain Finance Corporation FINANCIAL | 7.36 | -15.33 | $695.17M | 16.00% | - | -4.06% | -44.98% | -22.37% |
| 2 | JPM JPMorgan Chase & Co. SPXR3KFINANCIAL | 353.51 | 15.15 | $939.70B | 1.72% | - | 17.79% | 12.50% | 14.83% |
| 3 | BRK-B Berkshire Hathaway Inc. SPXFINANCIAL | 505.83 | 12.72 | $712.23B | 0.00% | - | 12.12% | 4.18% | 9.44% |
| 4 | V Visa Inc. SPXR3KFINANCIAL | 368.64 | 31.35 | $628.20B | 0.72% | 37.15% | 61.19% | 14.33% | 13.04% |
| 5 | MA Mastercard Incorporated SPXR3KFINANCIAL | 570.89 | 31.44 | $496.37B | 0.62% | 60.19% | - | 12.29% | 19.21% |
| 6 | BAC Bank of America Corporation SPXR3KFINANCIAL | 62.39 | 14.41 | $436.28B | 2.04% | - | 11.20% | 3.14% | 4.27% |
| 7 | BRK-A Berkshire Hathaway Inc. FINANCIAL | 757,791.00 | 12.71 | $370.14B | 0.00% | - | 12.12% | 7.60% | 10.02% |
| 8 | HSBC HSBC Holdings plc FINANCIAL | 106.26 | 15.18 | $363.70B | 3.65% | - | 13.10% | 9.75% | 12.72% |
| 9 | MS Morgan Stanley SPXR3KFINANCIAL | 216.24 | 17.48 | $339.62B | 2.26% | - | 17.97% | 3.76% | 9.66% |
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios
Quarterly Results
Figures in USD.
| Metric | Sep 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | 24.71M | 7.93M | 10.17M | -27.97M | -54.45M | - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | - | - | - | - | - | - | - | - | - | - | 1.19M | 29.00K | -2.23M | -1.55M | -3.62M | - |
| Operating Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | 31.37M | 31.14M | 31.72M | 29.49M | 27.52M | - |
| Pretax Income | - | - | - | - | - | - | - | - | - | - | 23.52M | 7.90M | 12.40M | -26.42M | -50.83M | - |
| Tax Provision | - | - | - | - | - | - | - | - | - | - | 3.00K | 29.00K | 54.00K | 344.00K | -83.00K | - |
| Net Income | 21.85M | 36.19M | 15.95M | 7.71M | 44.57M | 34.83M | 28.70M | 27.41M | 34.47M | 23.89M | 23.41M | 7.77M | 12.19M | -26.89M | -50.93M | 17.26M |
| Diluted EPS | 0.22 | 0.34 | 0.16 | 0.08 | 0.40 | 0.32 | 0.27 | 0.26 | 0.31 | 0.22 | 0.22 | 0.07 | 0.11 | - | -0.51 | 0.18 |
Profit & Loss (Annual)
Figures in USD.
| Metric | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|
| Revenue | - | - | 89.09M | 143.68M | 123.78M | 14.84M |
| Cost of Revenue | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - |
| Operating Expenses | - | - | 5.26M | 5.82M | 6.90M | -2.56M |
| Operating Income | - | - | - | - | - | - |
| EBITDA | - | - | - | - | - | - |
| Interest Expense | - | - | 92.42M | 124.78M | 136.64M | 123.72M |
| Pretax Income | - | - | 83.83M | 137.85M | 116.88M | 17.40M |
| Tax Provision | - | - | 9.30M | 1.76M | 2.38M | 430.00K |
| Net Income | 58.47M | 201.40M | 74.73M | 135.34M | 113.44M | 16.49M |
| Diluted EPS | 0.60 | 1.91 | 0.74 | 1.24 | 1.03 | 0.16 |
Balance Sheet (Annual)
Figures in USD.
| Metric | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|
| Total Assets | - | - | - | 3.35B | 3.16B | 3.25B | 2.90B |
| Current Assets | - | - | - | - | - | - | - |
| Cash & Equivalents | - | - | - | 71.19M | 70.09M | 80.32M | 80.72M |
| Inventory | - | - | - | - | - | - | - |
| Receivables | - | - | - | 36.15M | 44.19M | 42.59M | 43.07M |
| Total Liabilities | - | - | - | 2.03B | 1.83B | 1.89B | 1.71B |
| Current Liabilities | - | - | - | - | - | - | - |
| Long Term Debt | - | - | - | - | - | - | - |
| Total Debt | - | - | - | 1.98B | 1.79B | 1.84B | 1.67B |
| Total Equity | 1.28B | 1.24B | - | 1.31B | 1.32B | 1.35B | 1.18B |
| Shares Outstanding | - | - | - | 100.94M | 102.56M | 107.85M | 107.85M |
Cash Flows (Annual)
Figures in USD.
| Metric | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | 301.06M | -22.06M | 35.01M | 332.73M | 42.00M | 378.98M |
| Investing Cash Flow | - | - | - | - | - | - |
| Financing Cash Flow | -270.67M | 1.20M | -21.50M | -333.88M | -31.36M | -378.74M |
| Capital Expenditure | - | - | - | - | - | - |
| Free Cash Flow | - | - | 35.01M | 332.73M | 42.00M | 378.98M |
| Net Change in Cash | - | - | 13.50M | -1.16M | 10.64M | 245.00K |
| Share Buybacks | - | - | - | 0 | 0 | 51.95M |
Ratios (Annual)
Figures in %.
| Metric | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|
| Gross Margin % | - | - | - | - | - | - |
| Operating Margin % | - | - | - | - | - | - |
| Net Margin % | - | - | 83.9% | 94.2% | 91.6% | 111.1% |
| ROE % | 4.7% | - | 5.7% | 10.3% | 8.4% | 1.4% |
| ROCE % | - | - | - | - | - | - |
Shareholding Pattern
Top Institutional Holders
| # | Holder | % Held | Shares | Value |
|---|---|---|---|---|
| 1 | LSV Asset Management | 3.10% | 3.00M | $20.98M |
| 2 | UBS Group AG | 2.56% | 2.48M | $17.32M |
| 3 | Van Eck Associates Corporation | 2.22% | 2.15M | $14.99M |
| 4 | Invesco Ltd. | 1.61% | 1.56M | $10.89M |
| 5 | Russell Investments Group, Ltd. | 1.43% | 1.38M | $9.67M |
| 6 | Dimension Capital Management, LLC | 1.26% | 1.22M | $8.55M |
| 7 | Corient Private Wealth LP | 1.16% | 1.13M | $7.87M |
| 8 | Muzinich & Co., Inc. | 0.88% | 850.17K | $5.94M |
| 9 | Cerity Partners LLC | 0.88% | 856.88K | $5.99M |
| 10 | National Philanthropic Trust | 0.88% | 852.92K | $5.96M |
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
Recent headlines for NMFC
New Mountain exits Lincoln Investment stake
During the period of ownership, New Mountain worked with the Forst family on plans to update the company’s operating systems.
Q&A: New Mountain on the future of liquidity in PE
Aerial view of Manhattan skyline seen from helicopter. Alexander Spatari/Getty Images New Mountain Capital has seen a steady stream of exits from its private equity portfolio, even as similar-sized peers have struggled. Earlier this week, t…
Investor New Mountain Exits $63B Broker/Dealer Lincoln Investment
Private equity firm New Mountain is selling the hybrid RIA back to its founding family after completing a CEO succession plan this June.
Lincoln Investment and New Mountain Capital Announce New Mountain Capital’s Exit Following Significant Business Transformation
FORT WASHINGTON, Pa. & NEW YORK, September 02, 2026--New Mountain Capital, LLC ("New Mountain"), a growth-oriented investment firm with approximately $60 billion in assets under management, and Lincoln Investment Capital Holdings, LLC ("Lin…
New Mountain Finance Q2 Earnings Call Highlights
New Mountain Finance (NASDAQ:NMFC) reported second-quarter adjusted net investment income of $0.26 per share, covering its $0.25 per-share cash dividend, while net asset value declined modestly and non-accruals improved from the prior quart…
New Mountain Finance (NMFC) Q2 Earnings Match Estimates
New Mountain (NMFC) delivered earnings and revenue surprises of 0.00% and -2.18%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?
NMFC — Frequently Asked Questions
What is the current share price of New Mountain Finance Corporation (NMFC)?
As of 2026-09-19 21:16 PDT, New Mountain Finance Corporation (NMFC) trades at $7.36 on NasdaqGS. Its 52-week range is $6.82 to $9.25.
What is the market capitalisation of NMFC?
New Mountain Finance Corporation (NMFC) has a market capitalisation of $695.17M on NasdaqGS.
What is the P/E ratio of NMFC?
NMFC trades at a trailing price-to-earnings (P/E) ratio of -15.33. The industry average P/E is 12.89. Its price-to-book (P/B) ratio is 0.64.
Does NMFC pay a dividend?
New Mountain Finance Corporation (NMFC) currently offers a dividend yield of 16.00%.
What is the return on equity (ROE) of NMFC?
NMFC has a return on equity (ROE) of -4.06%.
Is NMFC a good stock to buy?
This page provides a data-driven analysis of New Mountain Finance Corporation (NMFC), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.