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New Mountain Finance Corp (NMFC)

As-reported financials and recent SEC filings for New Mountain Finance Corp, latest fiscal period FY2025. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About New Mountain Finance Corp

New Mountain Finance Corp is a business development company that provides direct lending solutions primarily to U.S. middle market companies backed by private equity sponsors. It focuses on senior secured loans and select junior capital positions in defensive growth industries such as software, healthcare, and business services. The company manages a portfolio of loans and equity investments aimed at generating current income and capital appreciation.

Snapshot

Revenue
Revenue growth (YoY)
Net income
$16.5M
Diluted EPS
$0.16
Gross margin
Operating margin
Net margin
FCF margin
ROE
1.4%
P/E (TTM)
Market cap
Debt / equity
1.4×

Fundamentals are from SEC filings. P/E and market cap are derived from recent market prices, refreshed on a rolling basis (typically within the past week).

Peer comparison

Where New Mountain Finance’s fundamentals sit among the 52 business development companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

ROE1.4%
26th percentile of 48
Debt / equity1.41×
78th percentile of 33

No open-market insider transactions recorded in the last 90 days. For context, about 16% of companies in the universe saw any open-market insider buying in the same window. Browse insider activity →

Percentiles describe where a figure sits among business development company peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice.

Institutional ownership

Held by 4 quant / multi-strat books among the superinvestors we track; no conviction manager currently reports a position.

Conviction investors
0
+4 quant / multi-strat
Initiated / added
3
0 new, 3 added
Reduced / exited
1
1 trimmed, 0 exited
Combined position
$10.1M
reported long value
InvestorAs ofPosition valueSharesChange
Two Sigma InvestmentsquantQ1 2026$6.5M836.5KAdded
D. E. ShawquantQ1 2026$2.7M347.5KAdded
Millennium ManagementquantQ1 2026$631,40081.4KReduced
Citadel AdvisorsquantQ1 2026$269,13234.7KAdded

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023FY2022FY2021
Revenue
Gross profit
Operating income
Net income$16.5M$113.4M$135.3M$74.7M$201.4M
Diluted EPS$0.16$1.03$1.24$0.74$1.91

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full methodology.

Balance sheet (as reported)

 FY2025FY2024FY2023FY2022FY2021
Cash and equivalents$80.7M$80.3M$70.1M$71.2M$58.1M
Current assets
Total assets$2.90B$3.25B$3.16B$3.35B$3.30B
Current liabilities
Long-term debt$1.67B$1.84B$1.79B$1.98B$1.91B
Total liabilities$1.71B$1.89B$1.83B$2.03B$1.95B
Total equity$1.19B$1.36B$1.33B$1.33B$1.34B

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full methodology.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022FY2021
Operating cash flow$379.0M$42.0M$332.7M$35.0M$-22.1M
Capital expenditure
Free cash flow

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full methodology.

Quarterly trend (as reported)

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q1 FY2026$-50.9M$-0.51
Q4 FY2025$-26.9M$-0.25
Q3 FY2025$12.2M$0.11
Q2 FY2025$7.8M$0.07
Q1 FY2025$23.4M$0.22
Q4 FY2024$27.7M$0.22
Q3 FY2024$23.9M$0.22
Q2 FY2024$34.5M$0.31

Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.

Company facts

ExchangeNasdaq
SectorFinancials
Fiscal year endDecember 31
Latest fiscal periodFY2025
SEC filings since2010
SEC CIK1496099

Recent SEC filings

10-K2026-02-24
View on EDGAR →
10-Q2026-05-04
View on EDGAR →
10-Q2025-11-03
View on EDGAR →
10-Q2025-08-04
View on EDGAR →
10-Q2025-05-05
View on EDGAR →
8-K2026-06-18
View on EDGAR →
8-K2026-06-05
View on EDGAR →
8-K2026-05-15
View on EDGAR →

Largest Financials peers

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Data sourced from SEC EDGAR (public domain). Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.