New Mountain Finance Corporation (NMFC) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Cash from Operations | 401.41M | 161.59M | 73.14M | 40.34M | 103.92M | 7.14M | -16.72M | -30.48M | 117.83M | 14.65M | 19.27M | 21.54M | 20.55M | 22.03M | 20M | 12.73M | 15.36M | 13.48M | 11.6M | -46.75M |
| Operating CF Margin % | 1091.27% | 233.05% | 90.81% | 103.24% | 185.3% | 7.69% | -17.63% | -48.06% | 149.66% | 28.01% | 19.46% | 21.96% | 22.19% | 24.11% | 25.56% | 14.21% | 17.43% | 26.1% | 12.68% | -70.04% |
| Operating CF Growth % | 286.29% | 2163.15% | 537.54% | 232.33% | -11.81% | -51.25% | -186.74% | -241.53% | 473.42% | -33.5% | -3.63% | 69.12% | 33.78% | 63.37% | 72.43% | 127.24% | -79.06% | -57.44% | 180.28% | -164.66% |
| Net Income | -50.75M | -26.76M | 12.34M | 7.88M | 23.52M | 27.68M | 23.89M | 34.47M | 27.41M | 27.24M | 28.7M | 34.83M | 44.57M | 14.88M | 7.71M | 15.95M | 36.19M | 52.25M | 21.85M | 75.81M |
| Depreciation & Amortization | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock-Based Compensation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | 439.74M | 203.93M | 59.37M | 38.13M | 59.67M | -14.78M | -4.88M | -8.64M | -6.2M | -10.66M | -79K | -8.19M | -28.11M | 6.36M | 14.84M | 2.85M | -18.13M | -39.57M | -2.94M | -58.42M |
| Working Capital Changes | 12.42M | -15.57M | 1.43M | -5.67M | 20.73M | -5.76M | -35.72M | -56.31M | 96.61M | -1.93M | -9.35M | -5.1M | 4.08M | 787K | -2.55M | -6.07M | -2.7M | 806K | -7.3M | -64.14M |
| Change in Receivables | 8.41M | 1.44M | 3.46M | -6.51M | 1.17M | 3.52M | 2.17M | -4.06M | 21K | 1.44M | -4.38M | -6.82M | 1.77M | -2.21M | -71K | 913K | -3.89M | 10.89M | -9.47M | 637K |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Payables | 0 | 0 | 0 | 0 | 0 | -7.6M | -42.9M | -40.81M | 94.96M | -6.75M | -29K | 5.28M | 3.27M | -2.18M | -271K | -19.49M | 12.71M | -16.49M | 9.25M | -65.83M |
| Cash from Investing | 0 | 0 | 0 | 0 | 0 | 188.98M | -39.23M | -129.05M | -46.92M | 114.62M | 64.63M | 104.24M | -26.7M | 23.18M | 44.19M | -43.73M | -60.56M | -115.06M | 77.04M | -4.68M |
| Capital Expenditures | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| CapEx % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Acquisitions | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Investments | 2.96M | 2.76B | 2.96B | 5.72M | 3.12M | 0 | 8.32M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 755.81M | 693.75M | 670.13M |
| Other Investing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash from Financing | -430.96M | -144.55M | -66.8M | -68.8M | -98.6M | -177.26M | -1.61M | 171.4M | -33.43M | -142.5M | -46.52M | -126.26M | -18.68M | -22.9M | -55.76M | 36.39M | 22.58M | 76.44M | -33.2M | 31.93M |
| Debt Issued (Net) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Equity Issued (Net) | -56.6M | -14.7M | -27.61M | -9.64M | 0 | -109K | -158K | 19.71M | 47.8M | 14.51M | 6.47M | -139K | -17K | -72K | 2.88M | 16.54M | 20.45M | 12.22M | 0 | 0 |
| Dividends Paid | -31.15M | -32.86M | -33.82M | -34.5M | -34.51M | -35.59M | -36.67M | -36.67M | -38.27M | -46.77M | -36.34M | -35.33M | -32.3M | -32.3M | -30.28M | -30.21M | -28.49M | -28.11M | -29.07M | -28M |
| Share Repurchases | -56.6M | -14.7M | -27.61M | -9.64M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | -645K | -207K | -1.06M | -149K | -1.57M | -397K | -166K | -165K | -197K | -161K | -188K | -32.49M | 32.15M | -1.37M | -257K | -4.19M | -3.75M | 570K | 0 | 0 |
| Net Change in Cash | -29.59M | 17.03M | 6.29M | -28.11M | 5.18M | 18.38M | -57.66M | 12.14M | 37.38M | -13.18M | 37.34M | -469K | -24.79M | 22.27M | 8.21M | 5.34M | -22.7M | -25.28M | 55.55M | -19.49M |
| Free Cash Flow | 401.41M | 161.59M | 73.14M | 40.34M | 103.92M | 7.14M | -16.72M | -30.48M | 117.83M | 14.65M | 19.27M | 21.54M | 20.55M | 22.03M | 20M | 12.73M | 15.36M | 13.48M | 11.6M | -46.75M |
| FCF Margin % | 1091.27% | 233.05% | 90.81% | 103.24% | 185.3% | 7.69% | -17.63% | -48.06% | 149.66% | 28.01% | 19.46% | 21.96% | 22.19% | 24.11% | 25.56% | 14.21% | 17.43% | 26.1% | 12.68% | -70.04% |
| FCF Growth % | 286.29% | 2163.15% | 537.54% | 232.33% | -11.81% | -51.25% | -186.74% | -241.53% | 473.42% | -33.5% | -3.63% | 69.12% | 33.78% | 63.37% | 72.43% | 127.24% | -79.06% | -57.44% | 180.28% | -164.66% |
| FCF per Share | 4.00 | 1.33 | 0.58 | 0.32 | 0.82 | 0.06 | -0.13 | -0.24 | 0.96 | 0.12 | 0.16 | 0.17 | 0.17 | 0.18 | 0.18 | 0.11 | 0.14 | 0.12 | 0.11 | -0.42 |
| FCF Conversion (FCF/Net Income) | -7.88x | -6.01x | 6.00x | 5.19x | 4.44x | 0.26x | -0.70x | -0.88x | 4.30x | 0.54x | 0.67x | 0.62x | 0.46x | 1.48x | 2.60x | 0.80x | 0.42x | 0.26x | 0.53x | -0.62x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |