New Mountain Finance Corporation

NMFCNASDAQFinancial Services● Active

$7.85

+$0.06(+0.77%)

Market Cap$741451340

P/E Ratio—

52W High$10.98

52W Low$7.48

Avg Volume885K

Open$7.80

Beta0.60

Free Cash Flow Financials Revenue

New Mountain Finance Corporation (NMFC) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

NMFC · free cash flow · updated Jun 9, 2026

Core FCF metrics

NMFC · FCF · TTM · margin & CAGR

Free cash flow was $379.0M for FY2025 (fiscal year ending 2025-12-31), up 802.4% year-over-year The FCF margin was 102.4%. Five-year CAGR stands at +29.8%.

FY2025 Free Cash Flow$379.0M▲ +802.4% YoY

Trailing 12M (TTM)$676.5Mtrailing 4 quarters sum

FCF Margin102.4%$379.0M ÷ revenue

3-Year CAGR+75.5%FY2022 → FY2025

5-Year CAGR+29.8%FY2020 → FY2025

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 9, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

NMFC · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$379.0M(0M)$379.0M▲ +802.4%102.4%

FY2024$42.0M(0M)$42.0M▼ 44.7%12.7%

FY2023$76.0M(0M)$76.0M▲ +8.4%22.2%

FY2022$70.1M(0M)$70.1M▲ +35.7%20.2%

FY2021$51.7M(0M)$51.7M▼ 49.8%19.4%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

NMFC · P/FCF · FCF yield · FCF per share

New Mountain Finance Corporation (NMFC) trades at a FCF yield of 91.24% and a price-to-free-cash-flow ratio of 1.2x. FCF per share stands at $6.37, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

91.24%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$6.37

TTM FCF ÷ Shares Outstanding

Price / FCF

x1.2

Share Price ÷ FCF per Share

EV / FCF (TTM)

x3.0

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31

Cash flow statement summary

NMFC · cash flow statement · operating / investing / financing

For FY2025, New Mountain Finance Corporation generated $379.0M in operating cash flow and spent 0M in capital expenditures, yielding $379.0M in free cash flow.

Operating Activities

+$379.0M

Cash from core business operations

2025-12-31

Investing Activities

+$0.0M

CapEx, acquisitions & investments

2025-12-31

Financing Activities

−$378.7M

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF ($379.0M) − |CapEx| (0M) = FCF ($379.0M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Financial Services)

NMFC vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

New Mountain Finance CorporationYOU

NMFC

$379.0M+802.4%102.4%

Berkshire Hathaway Inc.

BRK-A

$25.04B+115.6%6.7%

25%

Berkshire Hathaway Inc.

Mastercard Incorporated

$16.91B+18.2%51.6%

17%

Financial Services · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

New Mountain Finance Corporation (NMFC) reported free cash flow of $379.0M for FY2025 (fiscal year ending 2025-12-31), up 802.4% year-over-year. The FCF margin was 102.4%.

Based on available data, New Mountain Finance Corporation has maintained positive free cash flow for at least 8 fiscal year(s). FCF peaked at $379.0M in FY2025. The 5-year CAGR stands at +29.8%.

New Mountain Finance Corporation's FCF yield is 91.24% and price-to-FCF ratio is 1.2x for FY2025, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

NMFC free cash flow · 8 questions

New Mountain Finance Corporation free cash flow was $379.0M for FY2025, up 802.4% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $676.5M.

NMFC free cash flowNMFC FCFNMFC FCF 2025NMFC free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · New Mountain Finance Corporation · New Mountain Finance Corporation SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 9, 2026