New Mountain Finance Corporation
Description
New Mountain Finance Corporation (Nasdaq: NMFC), a business development company is a private equity / buyouts and loan fund 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, 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 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.
About
CEO
Mr. John R. Kline
Employees
0
Instrument type
Common Stock
Sector
Financial Services
Industry
Asset Management
MIC code
XNGS
Address
1633 Broadway, New York, NY 10019, United States
×
![Enlarged Chart]()
Oscillators
No data available
Summary
No data available
Moving Averages
No data available
Earnings
| Date | Estimate EPS | Actual EPS | Difference | % Surprise |
|---|---|---|---|---|
| Oct 28, 2025 | — | — | — | — |
| Jul 29, 2025 | — | — | — | — |
| Apr 30, 2025 | — | — | — | — |
| Feb 25, 2025 | 0.33 | — | — | — |
Earnings estimate
|
Next Quarter
(Mar 2025)
|
Next Year
(Dec 2025)
|
|||
|---|---|---|---|---|
| Number of analysts | — | 7 | — | 7 |
| Average estimate | — | 0.33 | — | 1.30 |
| Low estimate | — | 0.32 | — | 1.28 |
| High estimate | — | 0.34 | — | 1.36 |
| Last year EPS | — | 0.36 | — | 1.39 |
[stock_revenue_estimate]
Growth estimates
Current qtr
-10.950%
Next qtr. (Mar 2025)
-8.730%
Current year
7.460%
Next year (Dec 2025)
-6.260%
Next 5 years (per annum)
—
Past 5 years (per annum)
—
Income statement
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
| Fiscal date | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Total reported revenue | 143.68M | 89.09M | 203.65M | 56.90M | 109.12M |
| Cost of revenue | — | — | — | — | — |
| Gross profit | — | — | — | — | — |
| Operating expense | |||||
| Research & development | — | — | — | — | — |
| Selling general and admin | 9.94M | 9.90M | 9.58M | 9.79M | 8.91M |
| Other operating expenses | -4.12M | -4.64M | -13.35M | -13.74M | -12.35M |
| Operating income | — | — | — | — | — |
| Non operating interest income | |||||
| Income | — | — | — | — | — |
| Expense | — | — | — | — | — |
| Other income expense | — | — | — | — | — |
| Pretax income | 137.85M | 83.83M | 207.41M | 60.85M | 112.56M |
| Tax provision | 1.76M | 9.30M | 232,000 | -991,000 | — |
| Net income | 136.09M | 74.53M | 207.18M | 61.84M | 112.56M |
| Basic EPS | 1.34 | 0.75 | 2.08 | 0.60 | 1.32 |
| Diluted EPS | 1.24 | 0.74 | 1.91 | 0.60 | 1.22 |
| Basic average shares | 101.12M | 100.20M | 96.95M | 96.83M | 85.21M |
| Diluted average shares | 101.12M | 100.20M | 96.95M | 96.83M | 85.21M |
| EBITDA | — | — | — | — | — |
| Net income from continuing op. | 136.09M | 74.53M | 207.18M | 61.84M | 112.56M |
| Minority interests | -747,000 | 204,000 | -5.78M | -3.36M | — |
| Preferred stock dividends | — | — | — | — | — |
Balance sheet
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
| Fiscal date | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Total assets | — | — | — | — | — |
| Current assets | |||||
| Cash | — | — | — | — | — |
| Cash equivalents | — | — | — | — | — |
| Cash and cash equivalents | 70.09M | 71.19M | 58.08M | 78.97M | 48.57M |
| Other short term investments | — | — | — | — | — |
| Accounts receivable | — | — | — | — | — |
| Other receivables | — | — | — | — | — |
| Inventory | — | — | — | — | — |
| Prepaid assets | — | — | — | — | — |
| Restricted cash | — | — | — | — | — |
| Assets held for sale | — | — | — | — | — |
| Hedging assets | — | — | — | — | — |
| Other current assets | — | — | — | — | — |
| Non current assets | |||||
| Properties | — | — | — | — | — |
| Land and improvements | — | — | — | — | — |
| Machinery furniture equipment | — | — | — | — | — |
| Construction in progress | — | — | — | — | — |
| Leases | — | — | — | — | — |
| Accumulated depreciation | — | — | — | — | — |
| Goodwill | — | — | — | — | — |
| Investment properties | — | — | — | — | — |
| Financial assets | — | — | — | — | — |
| Intangible assets | — | — | — | — | — |
| Investments and advances | 3.01B | 3.22B | 3.17B | 2.95B | 3.16B |
| Other non current assets | — | — | — | — | — |
| Total liabilities | — | — | — | — | — |
| Current liabilities | |||||
| Accounts payable | 20.44M | 19.63M | 25.30M | 42.43M | 18.26M |
| Accrued expenses | — | — | — | — | — |
| Short term debt | — | — | — | — | — |
| Deferred revenue | — | — | — | — | — |
| Tax payable | — | — | — | — | — |
| Pensions | — | — | — | — | — |
| Other current liabilities | — | — | — | — | — |
| Non current liabilities | |||||
| Long term debt | 1.79B | 1.98B | 1.91B | 1.80B | 1.94B |
| Provision for risks and charges | — | — | — | — | — |
| Deferred liabilities | — | — | — | — | — |
| Derivative product liabilities | — | — | — | — | — |
| Other non current liabilities | — | — | — | — | — |
| Shareholders equity | |||||
| Common stock | 1.03M | 1.01M | 979,000 | 968,000 | 968,000 |
| Retained earnings | -12.34M | 7.52M | 47.47M | -48.76M | -5.35M |
| Other shareholders equity | — | — | — | — | — |
| Total shareholders equity | 1.33B | 1.33B | 1.34B | 1.24B | 1.28B |
| Additional paid in capital | 1.33B | 1.31B | 1.27B | 1.27B | 1.29B |
| Treasury stock | — | — | — | — | — |
| Minority interest | 11.77M | 11.72M | 21.37M | 15.01M | — |
Cash flow statement
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2010 | 2009 | 2008 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Net Income | 136.09M | 74.53M | 207.18M | 61.84M | 112.56M | 72.35M | 109.40M | 111.68M | 32.96M | 45.58M | 61.92M | 31.78M | — | — | — |
| Depreciation | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Deferred Taxes | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Non-Cash Items | -61.17M | -38.96M | -51.66M | -42.98M | -29.82M | -19.99M | -14.38M | -7.31M | -5.53M | -56.36M | -50.52M | -19.79M | 60.42M | 124.86M | -1.18M |
| Accounts Receivable | -7.99M | -5.26M | 6.68M | -5.47M | -1.71M | 1.82M | -13.02M | -4.98M | 6.95M | -9.23M | — | — | 2.92M | -5.89M | -28,470 |
| Accounts Payable | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Assets & Liabilities | -15.98M | 10.20M | -4.51M | -2.42M | -7.23M | 12.27M | -6.11M | -1.72M | 191,000 | 1.87M | -49.88M | — | -74.08M | -142.68M | -62.89M |
| Operating Cash Flow | 50.96M | 40.51M | 157.69M | 10.97M | 73.81M | 66.45M | 75.89M | 97.67M | 34.57M | -18.14M | -38.48M | 11.99M | -10.74M | -23.71M | -64.09M |
| Investing Activities | |||||||||||||||
| Capital Expenditures | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Net Intangibles | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Net Acquisitions | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Purchase of Investments | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Sale of Investments | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Investing Cash Flow | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing Activities | |||||||||||||||
| Long-Term Debt Issuance | 737.71M | 879.00M | 915.73M | 303.00M | 1.20B | 1.13B | 943.31M | 478.65M | 629.40M | 630.48M | — | — | 101.79M | 77.74M | — |
| Long-Term Debt Payments | -929.10M | -805.34M | -802.88M | -448.40M | -644.46M | -608.72M | -768.70M | -509.90M | -557.95M | -374.10M | — | — | -62.90M | — | — |
| Other Financing Charges | -693,000 | -9.45M | 570,000 | — | — | — | -81,000 | — | — | — | — | — | -61.31M | 83.41M | 31.53M |
| Financing Cash Flow | -321.59M | -17.07M | 11.63M | -265.47M | 723.90M | 415.39M | 161.79M | -40.94M | 73.52M | 324.75M | 49.88M | 110.11M | -22.42M | 238.90M | 31.53M |
| Other Cash Details | |||||||||||||||
| End Cash Position | 70.09M | 71.19M | 58.08M | 78.97M | 48.57M | 49.66M | 34.94M | 45.93M | 30.10M | 23.45M | — | — | 10.74M | 4.11M | 189,469 |
| Income Tax Paid | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Interest Paid | — | — | — | — | — | — | — | — | — | — | — | — | 2.13M | — | — |
| Free Cash Flow | 332.73M | 35.01M | -22.06M | 301.06M | -718.51M | -393.49M | -166.31M | 60.51M | -63.35M | -289.57M | -49.88M | -110.11M | 29.05M | -157.23M | -31.34M |
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