New Mountain Finance Corporation

New Mountain Finance Corporation

NMFC · NASDAQ · Financial Services / Asset Management

6.70USD+0.03 (+0.45%)

Price History

Full chart

Market Stats

Previous Close6.67
Open6.71
Day Range6.63 – 6.72
52-Week Range6.50 – 8.52
Volume642.10K
Market Cap658.33M
P/E (TTM)0.00
Forward P/E6.78
EPS-0.48
Dividend Yield16.33%
Beta0.63
50-Day Avg7.31
200-Day Avg7.96

About

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.

Company Details

  • SectorFinancial Services
  • IndustryAsset Management
  • CEOMr. John R. Kline
  • Employees0
  • Headquarters1633 Broadway, New York, NY, United States, 10019, USA
  • Websitehttps://www.newmountainfinance.com

Leadership

  • Mr. John R. KlinePresident, CEO & Director · b. 1975
  • Ms. Laura C. Holson BoswergerCOO & CFO · b. 1986
  • Mr. Joshua WeinsteinSenior Accounting Manager
  • Mr. Joseph Wesley Hartswell C.F.A.Chief Compliance Officer · b. 1979
  • Mr. Eric KaneCredit Legal Counsel & Corporate Secretary
  • Mr. Joshua Brendan PorterManaging Director & Head of Credit Special Situations
  • Ms. Linda ChiuManaging Director
  • Mr. Ivo D. TurkedjievManaging Director
  • Ms. Catherine R. DunnMD & Head of Capital Markets
  • Mr. Cyrus MoshiriMD & Head of Structured Credit

Financials

Income Statement

Currency: USD2008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue255.94K58.90M107.66M56.52M49.50M96.30M71.24M35.67M113.00M109.97M75.81M109.12M59.99M203.65M347.33M341.98M329.83M138.56M
Growth (%)-+22911.24%+82.80%-47.50%-12.42%+94.54%-26.02%-49.93%+216.74%-2.68%-31.06%+43.94%-45.03%+239.49%+70.56%-1.54%-3.55%-57.99%
Cost of Revenue-869.00K962.00K10.91M30.48M11.40M41.83M73.04M81.10M98.55M126.58M165.76M72.92M73.78M76.01M83.90M82.39M123.72M
Gross Profit255.94K21.77M41.37M56.52M49.50M90.88M71.24M35.67M113.00M109.97M75.81M109.12M59.99M203.65M271.32M258.08M247.44M14.84M
Gross Margin100.00%36.96%38.43%100.00%100.00%94.36%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%78.12%75.47%75.02%10.71%
Operating Expense01.36M3.91M017.72M40.35M11.47M-22.00M-26.64M-36.94M-54.00M-3.44M2.50M2.02M94.79M-4.44M-6.26M-2.56M
Operating Income255.94K20.41M37.46M56.52M31.78M50.52M59.77M57.67M139.64M146.91M129.81M112.56M57.48M201.63M176.54M262.52M253.70M17.40M
Operating Margin100.00%34.65%34.80%100.00%64.21%52.46%83.90%161.66%123.58%133.59%171.23%103.15%95.83%99.01%50.83%76.77%76.92%12.56%
EBITDA-1.18M126.10M66.74M56.52M31.78M50.52M59.77M57.67M139.64M146.91M129.81M112.56M57.48M109.25M176.25M262.64M253.51M17.40M
EBITDA Margin-460.72%214.11%61.99%100.00%64.21%52.46%83.90%161.66%123.58%133.59%171.23%103.15%95.83%53.64%50.74%76.80%76.86%12.56%
Net Income-1.18M125.68M63.79M31.68M31.78M61.92M45.58M32.95M111.68M109.40M72.35M112.56M58.47M201.40M74.73M135.34M113.44M16.49M
Net Income Margin-460.72%213.39%59.25%56.04%64.21%64.30%63.97%92.38%98.83%99.48%95.44%103.15%97.48%98.90%21.52%39.58%34.39%11.90%
R&D--------0.730.690.330.410.220.780.240.4--
R&D as % of Total Revenue--------0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%--
Interest Expense0490.19K2.95M00013.27M23.37M28.45M37.09M57.05M84.30M79.13M73.10M92.42M124.78M136.64M123.72M
Interest Expense % of Total Revenue0.00%0.83%2.74%0.00%0.00%0.00%18.62%65.52%25.18%33.73%75.25%77.25%131.91%35.89%26.61%36.49%41.43%89.29%

Balance Sheet

Currency: USD2008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets61.67M330.56M460.22M145.49M345.33M650.11M1.51B1.60B1.66B1.93B2.45B3.27B3.10B3.30B3.35B3.16B3.25B2.90B
Total Liabilities31.32M91.12M218.30M310.08M3.41M459.32M712.75M765.23M717.46M893.04M1.44B1.98B1.86B1.95B2.03B1.83B1.89B1.71B
Total Equity30.35M239.44M241.93M-164.59M341.93M190.78M802.17M836.91M938.56M1.03B1.01B1.28B1.24B1.34B1.33B1.33B1.36B1.18B
Cash189.47K4.11M10.74M15.32B12.75B14.98M23.45M30.10M45.93M34.94M49.66M48.57M78.97M58.08M71.19M70.09M80.32M80.72M
Total Debt-77.74M116.63M---670.61M742.06M696.74M869.50M1.38B1.94B1.80B1.91B1.98B1.79B560.09M1.67B
Net Debt-189.47K73.63M105.89M-15.32B-12.75B-14.98M647.16M711.96M650.81M834.56M1.33B1.89B1.72B1.85B1.91B1.72B479.77M1.59B

Cash Flow

Currency: USD2008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-31.34M-157.23M29.05M-120.66M-110.12M-49.88M-289.57M-63.35M60.51M-166.31M-393.49M-718.51M301.06M-22.06M35.01M76.00M42.00M378.98M
Investing Cash Flow----349.59B-247.39B-109.14M-356.44M-125.44M-7.38M-228.30M-506.33M-774.94M222.71M-86.94M-32.16M256.80M-26.23M313.78M
Financing Cash Flow31.53M161.15M-22.42M120.66M110.12M49.88M313.02M70.00M-44.68M155.32M408.22M717.42M-270.67M1.20M-21.50M-333.96M-31.36M-378.74M
Capital Expenditure000000000000000000
Free Cash Flow-31.34M-157.23M29.05M-120.66M-110.12M-49.88M-289.57M-63.35M60.51M-166.31M-393.49M-718.51M301.06M-22.06M35.01M76.00M42.00M378.98M
Dividends Paid-202.09M115.94M26.59B23.31M50.16M72.78M77.35M85.81M94.21M101.06M113.14M120.07M114.22M121.29M150.74M147.19M135.70M
FCF to OCF100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%
Dividend Paid to FCF--128.53%399.09%-22037.86%-21.17%-100.58%-25.13%-122.10%141.82%-56.65%-25.68%-15.75%39.88%-517.86%346.48%198.33%350.47%35.81%

Earnings

Report DateJun 1, 2011Aug 11, 2011Nov 14, 2011Mar 7, 2012May 8, 2012Aug 8, 2012Nov 6, 2012Mar 6, 2013May 6, 2013Aug 7, 2013Nov 12, 2013Mar 5, 2014May 7, 2014Aug 6, 2014Nov 5, 2014Mar 2, 2015May 5, 2015Aug 5, 2015Nov 4, 2015Feb 29, 2016May 4, 2016Aug 3, 2016Nov 8, 2016Feb 28, 2017May 8, 2017Aug 8, 2017Nov 7, 2017Feb 28, 2018May 7, 2018Aug 7, 2018Nov 7, 2018Feb 27, 2019May 6, 2019Aug 7, 2019Nov 6, 2019Feb 26, 2020May 6, 2020Aug 5, 2020Nov 4, 2020Feb 24, 2021May 5, 2021Aug 4, 2021Nov 3, 2021Feb 28, 2022May 9, 2022Aug 8, 2022Nov 8, 2022Feb 27, 2023May 8, 2023Aug 2, 2023Nov 2, 2023Feb 26, 2024May 1, 2024Jul 31, 2024Oct 30, 2024Feb 24, 2025May 5, 2025Aug 4, 2025Nov 3, 2025Mar 2, 2026May 4, 2026Aug 3, 2026Nov 2, 2026
EPS Estimate-0.170.290.300.320.340.320.340.350.340.340.350.350.340.350.360.340.340.350.350.340.330.340.340.340.330.330.340.340.350.350.350.350.350.330.350.340.290.290.300.300.300.300.300.300.300.310.350.360.380.400.390.380.360.350.330.320.320.320.32-0.030.260.26
EPS Actual1.280.270.290.300.320.350.320.360.340.380.350.340.370.360.350.340.340.310.350.350.340.340.340.340.340.340.350.350.340.340.360.160.350.350.360.320.350.300.300.160.260.270.280.280.260.280.290.350.380.390.400.380.360.360.330.310.220.320.320.30-0.510.26-
Surprise-58.82%0.00%0.00%0.00%2.94%0.00%5.88%-2.86%11.76%2.94%-2.86%5.71%5.88%0.00%-5.56%0.00%-8.82%0.00%0.00%0.00%3.03%0.00%0.00%0.00%3.03%6.06%2.94%0.00%-2.86%2.86%-54.29%0.00%0.00%9.09%-8.57%2.94%3.45%3.45%-46.67%-13.33%-10.00%-6.67%-6.67%-13.33%-6.67%-6.45%0.00%5.56%2.63%0.00%-2.56%-5.26%0.00%-5.71%-6.55%-31.25%0.00%0.00%-6.84%-1600.00%0.00%-
Timing-After-hoursAfter-hours-After-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursPre-market-After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap658.33M
Enterprise Value1.95B
Trailing P/E0.00
Forward P/E6.78
PEG Ratio1.34
Price / Sales2.28
Price / Book0.65
EPS-0.48
Book Value10.89
Revenue (TTM)288.20M
Gross Profit (TTM)288.20M
Profit Margin-16.78%
Operating Margin76.61%
Return on Equity-4.06%
Return on Assets5.24%
Shares Outstanding94.45M
Shares Float0
Beta0.63
Dividend Yield16.33%
Dividend Rate1.14
Payout Ratio3.12%

Analyst Ratings

Buy
Based on 7 analystsTarget 8.29
  • Strong Buy
    3
  • Hold
    4

Ownership Breakdown

Institutions
35.02%
Insiders
15.49%
Retail / Other
49.49%

Top Institutional Holders

  • LSV Asset Management
    3.00M3.18%
  • Amvescap Plc.
    2.14M2.27%
  • UBS Group AG
    2.09M2.21%
  • Van Eck Associates Corporation
    1.80M1.90%
  • Dimension Capital Management LLC
    1.16M1.22%
  • CI Private Wealth LLC
    1.13M1.19%
  • HPM Partners LLC
    872.84K0.92%
  • National Philanthropic Trust
    852.92K0.90%
  • Muzinich & Co Inc
    850.17K0.90%
  • Legal & General Group PLC
    785.50K0.83%
  • Morgan Stanley - Brokerage Accounts
    729.94K0.77%
  • Two Sigma Investments LLC
    707.35K0.75%
  • Sumitomo Mitsui Trust Group Inc
    688.58K0.73%
  • Pathstone Holdings LLC
    661.22K0.70%
  • Hennion & Walsh Asset Management Inc
    483.32K0.51%
  • Advisor Group Holdings, Inc.
    450.47K0.48%
  • HighTower Advisors, LLC
    423.73K0.45%

Top Fund Holders

  • VanEck BDC Income ETF
    1.61M1.71%
  • Invesco KBW High Dividend Yld Fincl ETF
    1.58M1.68%
  • GraniteShares HIPS US High Income ETF
    417.37K0.44%

Dividends

20263×
0.25Sep 16, 20260.25Jun 16, 20260.32Mar 17, 2026
20254×
0.32Dec 17, 20250.32Sep 16, 20250.32Jun 16, 20250.32Mar 17, 2025
20244×
0.32Dec 17, 20240.32Sep 16, 20240.32Jun 14, 20240.04Mar 14, 2024
20235×
0.10Dec 21, 20230.36Dec 14, 20230.36Sep 14, 20230.35Jun 15, 20230.32Mar 16, 2023
20224×
0.32Dec 15, 20220.30Sep 15, 20220.30Jun 15, 20220.30Mar 16, 2022
20214×
0.30Dec 15, 20210.30Sep 15, 20210.30Jun 15, 20210.30Mar 16, 2021