New Mountain Finance CorpNMFC

Nasdaq
Price (close)
$7.01
Market cap
$662.1M
P/E
—
Revenue (TTM)
—
Net income
-$48.4M
Dividend yield
16.26%
1-year total return
-17.3%
Net margin
—
Revenue growth
—
Debt / equity
1.31x

What New Mountain Finance Corp does.

New Mountain Finance Corporation ("NMFC", the "Company", "we", "us" or "our") is a Delaware corporation that was originally incorporated on June 29, 2010 and completed its initial public offering ("IPO") on May 19, 2011. We are a closed-end, non-diversified management investment company that has elected to be regulated as a business development company ("BDC") under the Investment Company Act of 1940, as amended (the "1940 Act"). We have elected to be treated, and intend to comply with the requirements to continue to qualify annually, as a regulated investment company ("RIC") under Subchapter M of the Internal Revenue Code of 1986, as amended (the "Code"). Since our IPO, and through December 31, 2025, we have raised approximately $1,034.6 million in net proceeds from additional offerings of common stock.

New Mountain Finance Advisers, L.L.C. (the "Investment Adviser"), formerly known as New Mountain Finance Advisers BDC, L.L.C., is a wholly-owned subsidiary of New Mountain Capital Group, L.P. (together with New Mountain Capital L.L.C. and its affiliates, "New Mountain Capital") whose ultimate owners include Steven B. Klinsky, other current and former New Mountain Capital professionals and related vehicles and a minority investor. New Mountain Capital is a global investment firm with approximately $ 60 billion of assets under management and a track record of investing in the middle market. New Mountain Capital focuses on investing in defensive growth companies across its private equity, credit and net lease investment strategies. The Investment Adviser manages our day-to-day operations and provides us with investment advisory and management services. The Investment Adviser also manages other funds that may have investment mandates that are similar, in whole or in part, to ours. New Mountain Finance Administration, L.L.C. (the "Administrator”), a wholly-owned subsidiary of New Mountain Capital, provides the administrative services necessary to conduct our day-to-day operations.

Revenue and profit, by fiscal year.

Fiscal year202020212022202320242025
Net income$58.5M$201.4M$74.7M$135.3M$113.4M$16.5M

More on NMFC.

Figures from New Mountain Finance Corp's filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.