Latest Ratios: P/E Ratio -3.7x · EV/EBITDA N/A · ROE -15.9%. (2014–2025 historical series)
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $512M | $737M | $829M | $638M | $475M | $468M | $326M | $418M | $343M | $333M | $271M |
| Enterprise Value | $741M | $966M | $1.1B | $749M | $569M | $595M | $414M | $485M | $437M | $407M | $390M |
| P/E Ratio → | -3.69 | — | 10.33 | 5.46 | — | 3.55 | 5.37 | — | — | 10.69 | 2.98 |
| P/S Ratio | 4.41 | 6.35 | 7.15 | 4.68 | — | 3.01 | 4.38 | 51.73 | — | 6.93 | 4.69 |
| P/B Ratio | 0.66 | 0.98 | 0.89 | 0.87 | 0.95 | 0.89 | 0.90 | 1.38 | 1.20 | 1.06 | 0.48 |
| P/FCF | — | — | 8.01 | 7.49 | — | 10.97 | 267.32 | 15.53 | — | — | 7.77 |
| P/OCF | — | — | 8.01 | 7.49 | — | 10.97 | 267.32 | 15.53 | — | — | 7.77 |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 8.32 | 9.13 | 5.50 | — | 3.83 | 5.56 | 60.01 | — | 8.48 | 6.75 |
| EV / EBITDA | — | — | 12.39 | 6.31 | — | 4.51 | 6.81 | — | — | 13.08 | 4.29 |
| EV / EBIT | — | — | 12.39 | 6.31 | — | 4.51 | 6.81 | — | — | 13.08 | 4.29 |
| EV / FCF | — | — | 10.23 | 8.80 | — | 13.95 | 339.41 | 18.01 | — | — | 11.19 |
Margins and return-on-capital ratios measuring operating efficiency
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 59.1% | 59.1% | 84.2% | 90.0% | 118.0% | 90.7% | 85.9% | -66.4% | 142.5% | 73.1% | 76.4% |
| Operating Margin | -75.3% | -75.3% | 73.7% | 87.1% | 129.5% | 84.9% | 81.7% | -107.5% | 157.6% | 64.8% | 70.1% |
| Net Profit Margin | -115.8% | -115.8% | 69.3% | 87.1% | 129.5% | 84.9% | 81.7% | -107.5% | 157.6% | 64.8% | 157.5% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | -15.9% | -15.9% | 9.6% | 19.2% | -19.9% | 29.7% | 18.3% | -2.9% | -18.2% | 7.1% | 24.0% |
| ROA | -9.3% | -9.3% | 6.5% | 13.9% | -13.3% | 20.6% | 12.3% | -1.8% | -11.1% | 6.5% | 25.4% |
| ROIC | -5.9% | -5.9% | 6.1% | 11.5% | -11.6% | 17.6% | 10.7% | -1.7% | -10.5% | 4.2% | 6.3% |
| ROCE | -6.2% | -6.2% | 7.1% | 14.1% | -13.7% | 21.0% | 12.5% | -1.8% | -11.1% | 6.7% | 11.7% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.37 | 0.37 | 0.29 | 0.21 | 0.30 | 0.27 | 0.26 | 0.33 | 0.33 | 0.28 | 0.26 |
| Debt / EBITDA | — | — | 3.18 | 1.33 | — | 1.07 | 1.52 | — | — | 2.85 | 1.60 |
| Net Debt / Equity | — | 0.30 | 0.25 | 0.15 | 0.19 | 0.24 | 0.24 | 0.22 | 0.33 | 0.24 | 0.21 |
| Net Debt / EBITDA | — | — | 2.69 | 0.94 | — | 0.96 | 1.45 | — | — | 2.40 | 1.31 |
| Debt / FCF | — | — | 2.22 | 1.31 | — | 2.97 | 72.09 | 2.48 | — | — | 3.42 |
| Interest Coverage | -3.16 | -3.16 | 4.66 | 8.71 | -7.21 | 9.11 | 5.80 | -0.65 | -3.71 | 2.41 | — |
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 2.38 | 2.38 | 2.22 | 99.27 | 3.39 | 2.01 | 4.56 | — | — | 2.05 | 2.50 |
| Quick Ratio | 2.38 | 2.38 | 2.22 | 99.27 | 3.39 | 2.01 | 4.56 | — | — | 2.05 | 2.50 |
| Cash Ratio | 2.37 | 2.37 | 0.96 | 55.53 | 2.07 | 0.75 | 0.75 | — | — | 0.87 | 1.74 |
| Asset Turnover | — | 0.08 | 0.08 | 0.14 | -0.10 | 0.20 | 0.15 | 0.02 | -0.07 | 0.09 | 0.13 |
| Inventory Turnover | — | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | — | — | — | — | — | — | — | — | — | — |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 37.4% | 25.1% | 19.8% | 23.2% | 21.8% | 8.4% | 12.3% | 14.7% | 15.2% | 17.2% | 12.9% |
| Payout Ratio | — | — | — | — | — | — | 66.2% | — | — | 184.0% | 38.3% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | — | — | 9.7% | 18.3% | — | 28.1% | 18.6% | — | — | 9.4% | 33.6% |
| FCF Yield | — | — | 12.5% | 13.4% | — | 9.1% | 0.4% | 6.4% | — | — | 12.9% |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.1% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Total Shareholder Yield | 37.4% | 25.2% | 19.8% | 23.2% | 21.8% | 8.4% | 12.3% | 14.7% | 15.2% | 17.2% | 12.9% |
| Shares Outstanding | — | $128M | $93M | $67M | $47M | $33M | $32M | $29M | $24M | $18M | $16M |
CLO equity valuation volatility
According to recent market data, ECC trades at a price-to-book ratio of 0.63, which, when compared to its historical averages and peer group, suggests that investors are heavily discounting the fund's net asset value due to persistent concerns regarding the sustainability of its high distribution yield.
The forward P/E of 4.95 appears to imply a market expectation of significant earnings volatility rather than stable growth. Investors should monitor whether this discount to book value represents a genuine value opportunity or a structural recognition of the risks inherent in the fund's junior CLO equity tranches.
Based on reported financial figures, ECC's ROIC has exhibited extreme instability, swinging from a positive 2.4% in 2023Q4 to a negative 8.2% in 2026Q1, which indicates that the fund is currently struggling to generate positive returns on its invested capital amidst a challenging credit environment.
The decay in ROIC suggests that the underlying CLO equity positions are failing to compensate for the cost of capital and the inherent risks of the portfolio. This trend warrants further investigation into whether the fund's management can effectively reprice or refinance its debt to restore positive compounding.
As indicated by quarterly data, ECC's asset turnover has remained consistently low, hovering near 0.04, which reflects the fund's nature as a passive investment vehicle rather than an operating business, making traditional efficiency metrics like the cash conversion cycle largely irrelevant to its core financial performance.
The lack of meaningful asset turnover suggests that the fund's performance is almost entirely dependent on the cash distributions from its CLO holdings rather than operational improvements. Investors should focus on the timing of these distributions rather than traditional working capital management metrics.
As reported in financial statements, ECC's interest coverage ratio has deteriorated significantly, falling to negative 22.73 in 2026Q1, which suggests that the fund's ability to cover its interest obligations from operating income is currently under severe pressure compared to its more stable historical performance periods.
While the debt-to-equity ratio remains relatively contained at 0.42, the negative interest coverage indicates that the fund may be relying on non-operating cash flows or capital recycling to meet its debt service requirements. This reliance appears to increase the risk of liquidity constraints during periods of market stress.
Based on an analysis of the fund's structure, the most commonly misapplied metric for ECC is the dividend yield, which often obscures the fact that distributions may be funded by capital returns rather than sustainable net investment income, as evidenced by the fund's recent negative net margins.
Investors should prioritize 'Core Net Investment Income' or 'Distributable Cash Flow' over the headline dividend yield to assess the true sustainability of payouts. Relying on yield alone ignores the potential for long-term NAV erosion, which is a critical risk for shareholders in this specific asset class.
Includes 30+ ratios · 12 years · Updated daily
DCF models, multiple analysis, and analyst estimates.
10-year return with dividends reinvested.
See how regular investing compounds over time.
Compare growth, multiples, and margins vs sector.
Quick answers to the most common questions about buying ECC stock.
Eagle Point Credit Company Inc.'s current P/E ratio is -3.7x. The historical average is 8.3x.
Eagle Point Credit Company Inc.'s return on equity (ROE) is -15.9%. The historical average is 3.0%.
Based on historical data, Eagle Point Credit Company Inc. is trading at a P/E of -3.7x. Compare with industry peers and growth rates for a complete picture.
Eagle Point Credit Company Inc.'s current dividend yield is 37.43%.
Eagle Point Credit Company Inc. has 59.1% gross margin and -75.3% operating margin.