NASDAQ$NMFC

New Mountain Finance Corporation · Q4 2021 earnings

Q4 2021 earnings · · Investor relations

Briefing

NMFC's financial results for Q4 2021 were announced, with a reported net investment income of $0.31 per share.

New Mountain Finance Corporation reported a net investment income of $0.31 per weighted average share for Q4 2021. The NAV per share was $13.49 as of December 31, 2021. The board of directors declared a first quarter distribution of $0.30 per share.

  • Net investment income for Q4 2021 was $0.31 per weighted average share.
  • NAV per share was $13.49 as of December 31, 2021, compared to $13.26 at September 30, 2021.
  • The board of directors declared a first quarter distribution of $0.30 per share.
  • Portfolio continued to perform well through Q4 with a growth in book value of 1.7%.

Headline financials

Total Revenue

$67.8M

Previous: $68.1M-0.5%
EPS (adj)

$0.31

Previous: $0.30+3.3%
Statutory Debt/Equity

1.23

Previous: 1.24-0.8%
Weighted Average YTM

9.1%

Previous: 8.6%+5.8%
Net Income

$119M

Previous: $58.5M+103.2%
Cash & Equivalents

$58.1M

Previous: $79M-26.5%
Total Assets

$3.3B

Previous: $3.1B+6.4%

Revenue & EPS history

NMFC · Revenue · Quarterly

$67.8M

Q4 2021-0.5%vs Q4 2020
Beat estimate in 6 of 14 quarters(43%)
ActualEstimate

Revenue by segment

NMFC · $2.94B total across 5 segments · Q4 2021

  • First Lien
    $1.66B
  • Second Lien
    $649M
  • Common Equity and Other
    $435M
  • Preferred Equity
    $152M
  • Subordinated
    $50.7M

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 18 quarterly earnings reports · overlaid with Q4 2021

Historical avgQ4 2021

-0.2%

Avg return

Earnings day

-0.2%

Avg return

5 days after

+0.0%

Avg return

30 days after

56%

10 / 18 earnings

Positive

+4.3%

Q1 2025

Best reaction

-4.3%

Q4 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-0.6%-3.7%-8.8%
Q4 2025-4.3%-4.5%-8.1%
Q3 2025+0.2%-0.5%+0.4%
Q1 2025+4.3%+6.7%+9.4%
Q3 2024+0.4%-5.1%+4.9%
Q2 2024-1.0%-4.5%-1.5%
Q1 2024+0.0%-0.4%-0.8%
Q4 2023+1.8%+0.7%-0.9%
Q3 2023+2.7%+1.4%+3.1%
Q2 2023+0.5%+3.1%+0.9%
Q1 2023+0.5%+2.6%+7.5%
Q4 2022-1.7%-0.6%-5.1%
Q3 2022-3.0%+0.3%+1.0%
Q2 2022+0.7%+2.5%-0.3%
Q1 2022-2.7%-5.4%-2.9%
Q4 2021+1.0%+1.6%+2.4%
Q3 2021-1.8%-0.5%-3.3%
Q4 2020+0.2%+2.3%+3.0%

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