newsfilter
← Earnings
Earnings Releases·

New Mountain Finance Corporation — Q3 2026 Earnings Summary

  • Q3 2026 Adjusted net investment income fell to $24.1 million ($0.26/share) from $34.0 million ($0.32/share) in Q3 2025, while net assets per share declined to $10.67 from $10.89 at June 30, 2026.
  • Management forecasts improving prospects for 2027 and confirmed coverage of the Q3 dividend, with plans to reinvest monetization proceeds into first-lien, cash-paying assets to enhance income quality.
  • Capital return and balance sheet updates include a Q4 2026 distribution of $0.25/share, extension of the $150 million stock repurchase program through December 2027, and a reduction of the Holdings Credit Facility commitment to $350 million.
  • The $2.27 billion investment portfolio saw a decrease in fair value to $2,265.7 million from $2,295.5 million in Q2, with 86% rated "Green" on the internal heatmap and a weighted average yield to maturity of 12.0%.
Company
NEW MOUNTAIN FINANCE CORP
Sector
Financial Services
Industry
Asset Management