← New Mountain Finance Corp
| Annual Trend | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|
| Operating Revenue | — | — | $89.1m |
$143.7m
+61.27%
|
$123.8m
-13.85%
|
$14.8m
-88.01%
|
($53.6m)
-461.00%
|
|
| Net Interest Income | — | — | $119.8m |
$166.0m
+38.59%
|
$139.5m
-15.96%
|
$116.3m
-16.63%
|
$95.8m
-17.64%
|
|
| Other General and Administrative Expense | $1.8m | $1.9m | $2.3m | $2.1m | $2.0m | $1.8m | — | |
| General And Administrative Expense | — | — | $9.9m | $9.9m | $10.6m | $10.6m | $10.1m | |
| Other Operating Expenses | — | — | ($4.6m) | ($4.1m) | ($3.7m) | ($13.1m) | — | |
| Interest Expense | $78.0m | $73.1m | $92.4m | $124.8m | $136.6m | $123.7m | $111.2m | |
| Interest Income Operating Paid In Kind | — | — | — | $33.6m | $36.9m | $30.2m | $207.0m | |
| Interest income (excluding Payment-in-kind ("PIK") interest income) | — | $166.2m | $194.9m | $257.2m | $239.3m | $209.8m | $207.0m | |
| PIK interest income | — | $23.3m | $17.3m | $33.6m | $36.9m | $30.2m | — | |
| Interest Income | — | — | $212.2m | $290.8m | $276.1m | $240.0m | $207.0m | |
| Investment Income Operating After Expense And Tax | — | — | — | $159.9m | $146.0m | $136.4m | — | |
| Net Investment Income | $117.4m | $119.0m | $120.4m | $160.3m | $146.2m | $136.4m | — | |
| Total investment income | $273.7m | $271.0m | $294.6m | $374.8m | $371.7m | $327.1m | — | |
| Debt and Equity Securities, Realized Gain (Loss) | — | ($3.9m) | $52.7m | ($32.9m) | ($41.8m) | $43.2m | — | |
| Debt and Equity Securities, Unrealized Gain (Loss) | ($53.7m) | $92.4m | ($84.1m) | $10.3m | $15.7m | ($162.6m) | — | |
| Foreign Currency Transaction Gain (Loss), Realized | — | $15k | $827k | $13k | $420k | $0 | — | |
| Gain On Sale Of Security | — | ($3.9m) | $52.7m | ($32.9m) | ($41.8m) | $43.2m | ($85.0m) | |
| Other income | $13.8m | $19.0m | $16.6m | $10.5m | $11.3m | $8.7m | — | |
| Pre-Tax Income | — | — | $83.8m | $137.9m | $116.9m | $17.4m | ($47.4m) | |
| Current Income Tax Expense (Benefit) | — | $118k | $825k | $418k | $262k | $21k | $275k | |
| Income Tax Expense (Benefit) | — | $232k | $9.3m | $1.8m | $2.4m | $430k | $275k | |
| Net Income From Continuing And Discontinued Operation | $58.5m | $201.4m | $74.7m | $135.3m | $113.4m | $16.5m | ($48.4m) | |
| Net Income Continuous Operations | $61.8m | $207.2m | $74.5m | $136.1m | $114.5m | $17.0m | ($47.7m) | |
| Net Income (Loss) Attributable to Noncontrolling Interest | — | $5.8m | ($204k) | $747k | $1.1m | $485k | ($48.4m) | |
| Earnings Per Share, Basic | $1.24 | $2.08 | $0.75 | $1.34 | $1.06 | $0.16 | ($0.48) | |
| Earnings Per Share, Diluted | $0.60 | $1.91 | $0.74 | $1.24 | $1.03 | $0.16 | ($0.48) | |
| Common Stock, Dividends, Per Share, Declared | $0.00 | $1.20 | $1.22 | $1.49 | $1.37 | $1.28 | — | |
| Weighted Average Number of Shares Outstanding, Basic | 96.8m | 97.0m | 100.2m | 101.1m | 106.6m | 106.2m | 101.0m | |
| Weighted average shares of common stock outstanding - basic (in shares) | 96.8m | 97.0m | 100.2m | 101.1m | 106.6m | 106.2m | 101.0m | |
| Weighted average shares of common stock outstanding - diluted (in shares) | 110.1m | 110.2m | 115.4m | 123.5m | 125.5m | 121.1m | 101.0m | |
| Basic Average Shares | 96.8m | 97.0m | $100.2m | $101.1m | $106.6m | $106.2m | $101.0m | |
| Diluted Average Shares | 110.1m | 110.2m | $115.4m | $123.5m | $125.5m | $121.1m | $106.4m | |
| Weighted Average Number of Shares Outstanding, Diluted | 110.1m | 110.2m | 115.4m | 123.5m | 125.5m | 121.1m | 106.4m | |
| Additional Financial Items | ||||||||
| Investment Company, Contractual Fee Waived | — | $13.1m | $4.4m | $4.1m | $3.7m | $13.1m | — | |
| Dividend income | — | $42.9m | $43.3m | $46.1m | $52.6m | $49.4m | $73.0m | |
| Non-cash dividend income | — | $19.5m | $22.5m | $27.4m | $31.6m | $28.9m | — | |
| Management fee | $53.0m | $53.0m | $46.6m | $45.6m | $45.5m | $38.8m | — | |
| Incentive fee | $29.2m | $29.7m | $29.9m | $38.3m | $36.4m | $30.8m | — | |
| Professional fees | $3.5m | $3.2m | $3.4m | $3.8m | $4.4m | $4.6m | — | |
| Less: management and incentive fees waived (see Note 5) | ($12.8m) | ($13.1m) | ($4.4m) | ($4.1m) | ($3.7m) | ($13.1m) | — | |
| Investments | ($53.7m) | $92.4m | ($84.1m) | $10.3m | $15.7m | ($162.6m) | — | |
| Foreign currency | $0 | ($81k) | ($1.1m) | $100k | ($606k) | $480k | — | |
| Securities purchased under collateralized agreements to resell | $0 | $0 | ($4.9m) | ($39k) | ($3.0m) | $0 | — | |
| Provision for taxes | — | ($114k) | ($8.5m) | ($1.3m) | ($2.1m) | ($409k) | — | |
| Net realized and unrealized losses | — | $88.3m | ($45.1m) | ($23.8m) | ($31.5m) | ($119.4m) | — | |
| Net increase in net assets resulting from operations | $61.8m | $207.2m | $74.5m | $136.1m | $114.5m | $17.0m | — | |
| Less: Net increase in net assets resulting from operations related to non-controlling interest in New Mountain Net Lease Corporation | ($3.4m) | ($5.8m) | $204k | ($747k) | ($1.1m) | ($485k) | — | |
| Net increase in net assets resulting from operations related to New Mountain Finance Corporation | $58.5m | $201.4m | $74.7m | $135.3m | $113.4m | $16.5m | — | |
| Average Dilution Earnings | — | — | $11.0m | $18.2m | $15.6m | $13.4m | $5.2m | |
| Diluted EPS | $0.60 | $1.91 | $0.74 | $1.24 | $1.03 | $0.16 | ($0.48) | |
| Diluted NI Availto Com Stockholders | — | — | $85.7m | $153.6m | $129.0m | $29.9m | ($48.4m) | |
| Minority Interests | ($3.4m) | ($5.8m) | $204k | ($747k) | ($1.1m) | ($485k) | ($715k) | |
| Normalized Income | $58.5m | $201.4m | $74.7m | $135.3m | $113.4m | $16.5m | ($48.4m) | |
| Selling General And Administration | — | — | $9.9m | $9.9m | $10.6m | $10.6m | — | |
| Tax Effect Of Unusual Items | — | — | $0 | $0 | $0 | $0 | $0 | |
| Tax Provision | — | $232k | $9.3m | $1.8m | $2.4m | $430k | $275k | |
| Tax Rate For Calcs | — | — | $0 | $0 | $0 | $0 | $0 | |
| Interest and other financing expenses | $78.0m | $73.1m | $92.4m | $124.8m | $136.6m | $123.7m | — | |
| Administrative expenses | $4.4m | $4.5m | $4.1m | $4.1m | $4.2m | $4.2m | — | |
| Net expenses | — | $152.0m | $174.2m | $214.5m | $225.4m | $190.7m | — | |
| Operating Expense | — | — | $5.3m | $5.8m | $6.9m | ($2.6m) | ($6.2m) | |
| Total expenses | $170.1m | $165.3m | $178.8m | $218.6m | $229.2m | $203.8m | ($6.2m) |