New Mountain Finance Corporation Net Assets
New Mountain Finance Corporation net assets. Based on the latest financial reports, New Mountain Finance Corporation (NMFC) has net assets worth $1.03 Billion USD as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($2.42 Billion) and total liabilities ($1.38 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore New Mountain Finance Corporation equity growth rate to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $1.03 Billion |
| % of Total Assets | 42.84% |
| Annual Growth Rate | 24.08% |
| 5-Year Change | -11.5% |
| 10-Year Change | 26.6% |
| Growth Volatility | 187.79 |
Net Assets of New Mountain Finance Corporation (2008–2025)
Net assets of New Mountain Finance Corporation from 2008 to 2025. This chart illustrates how New Mountain Finance Corporation's net assets have evolved over time, based on quarterly financial data. See New Mountain Finance Corporation (NMFC) balance sheet quality index to measure how much of total assets are equity-financed.
Annual Net Assets for New Mountain Finance Corporation (2008–2025)
The table below shows the annual net assets of New Mountain Finance Corporation from 2008 to 2025. For live market cap and overall valuation, see NMFC company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $1.19 Billion | -12.58% |
| 2024-12-31 | $1.36 Billion | +2.07% |
| 2023-12-31 | $1.33 Billion | +0.42% |
| 2022-12-31 | $1.33 Billion | -1.22% |
| 2021-12-31 | $1.34 Billion | +8.55% |
| 2020-12-31 | $1.24 Billion | -3.63% |
| 2019-12-31 | $1.28 Billion | +27.55% |
| 2018-12-31 | $1.01 Billion | -2.77% |
| 2017-12-31 | $1.03 Billion | +10.27% |
| 2016-12-31 | $938.56 Million | +12.15% |
| 2015-12-31 | $836.91 Million | +4.33% |
| 2014-12-31 | $802.17 Million | +320.46% |
| 2013-12-31 | $190.78 Million | -44.20% |
| 2012-12-31 | $341.93 Million | +307.74% |
| 2011-12-31 | $-164.59 Million | -168.03% |
| 2010-12-31 | $241.93 Million | +1.04% |
| 2009-12-31 | $239.44 Million | +688.83% |
| 2008-12-31 | $30.35 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to New Mountain Finance Corporation's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 19258300000.0% over the analyzed period, indicating profitable operations and earnings retention.
New Mountain Finance Corporation Net Assets Breakdown (December 2025)
New Mountain Finance Corporation net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $192.58 Million | 16.29% |
| Common Stock | $1.08 Million | 0.09% |
| Other Comprehensive Income | $-314.26 Million | -26.58% |
| Other Components | $1.30 Billion | 110.20% |
| Total Equity | $1.18 Billion | 100.00% |
New Mountain Finance Corporation Competitors by Market Cap
The table below lists competitors of New Mountain Finance Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sun Create Electronics Co., Ltd
SHG:600990
|
$643.40 Million |
|
Ulker Biskuvi Sanayi AS
IS:ULKER
|
$643.47 Million |
|
Ncs Testing Technology Co Ltd
SHE:300797
|
$643.50 Million |
|
Shandong Huatai Paper Industry Shareholding Co Ltd
SHG:600308
|
$643.70 Million |
|
Marimaca Copper Corp
TO:MARI
|
$642.78 Million |
|
BFI Finance Indonesia Tbk
JK:BFIN
|
$642.47 Million |
|
Sinovac Biotech Ltd
NASDAQ:SVA
|
$642.44 Million |
|
Hubei Biocause Heilen Pharmaceutical Co. Ltd.
SHE:301211
|
$642.25 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in New Mountain Finance Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,359,291,000 to 1,182,177,000, a change of -177,114,000 (-13.0%).
- Net income of 16,488,000 contributed positively to equity growth.
- Dividend payments of 135,696,000 reduced retained earnings.
- Share repurchases of 51,952,000 reduced equity.
- Other comprehensive income decreased equity by 314,259,000.
- Other factors increased equity by 308,305,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $16.49 Million | +1.39% |
| Dividends Paid | $135.70 Million | -11.48% |
| Share Repurchases | $51.95 Million | -4.39% |
| Other Comprehensive Income | $-314.26 Million | -26.58% |
| Other Changes | $308.31 Million | +26.08% |
| Total Change | $- | -13.03% |
Book Value vs Market Value Analysis
This analysis compares New Mountain Finance Corporation's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.72x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has increased from 0.25x to 0.72x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-12-31 | $28.37 | $7.01 | x |
| 2009-12-31 | $223.82 | $7.01 | x |
| 2010-12-31 | $226.15 | $7.01 | x |
| 2011-12-31 | $-110.75 | $7.01 | x |
| 2012-12-31 | $230.09 | $7.01 | x |
| 2013-12-31 | $54.37 | $7.01 | x |
| 2014-12-31 | $142.84 | $7.01 | x |
| 2015-12-31 | $124.97 | $7.01 | x |
| 2016-12-31 | $128.81 | $7.01 | x |
| 2017-12-31 | $123.22 | $7.01 | x |
| 2018-12-31 | $113.54 | $7.01 | x |
| 2019-12-31 | $127.75 | $7.01 | x |
| 2020-12-31 | $127.74 | $7.01 | x |
| 2021-12-31 | $121.82 | $7.01 | x |
| 2022-12-31 | $114.90 | $7.01 | x |
| 2023-12-31 | $107.84 | $7.01 | x |
| 2024-12-31 | $108.34 | $7.01 | x |
| 2025-12-31 | $9.76 | $7.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently New Mountain Finance Corporation utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 1.39%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.90%
- • Asset Turnover: 0.05x
- • Equity Multiplier: 2.46x
- Recent ROE (1.39%) is below the historical average (11.67%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | -3.88% | -460.72% | 0.00x | 2.03x | $-4.21 Million |
| 2009 | 52.49% | 213.39% | 0.18x | 1.38x | $101.74 Million |
| 2010 | 26.37% | 59.25% | 0.23x | 1.90x | $39.60 Million |
| 2011 | 0.00% | 56.04% | 0.39x | 0.00x | $48.14 Million |
| 2012 | 9.30% | 64.21% | 0.14x | 1.01x | $-2.41 Million |
| 2013 | 32.46% | 64.30% | 0.15x | 3.41x | $42.84 Million |
| 2014 | 5.68% | 63.97% | 0.05x | 1.89x | $-34.64 Million |
| 2015 | 3.94% | 92.38% | 0.02x | 1.91x | $-50.74 Million |
| 2016 | 11.90% | 98.83% | 0.07x | 1.76x | $17.82 Million |
| 2017 | 10.57% | 99.48% | 0.06x | 1.86x | $5.90 Million |
| 2018 | 7.19% | 95.44% | 0.03x | 2.43x | $-28.27 Million |
| 2019 | 8.77% | 103.15% | 0.03x | 2.54x | $-15.78 Million |
| 2020 | 4.73% | 97.48% | 0.02x | 2.50x | $-65.22 Million |
| 2021 | 15.00% | 98.90% | 0.06x | 2.45x | $67.14 Million |
| 2022 | 5.64% | 21.52% | 0.10x | 2.53x | $-57.89 Million |
| 2023 | 10.16% | 39.58% | 0.11x | 2.37x | $2.17 Million |
| 2024 | 8.35% | 34.39% | 0.10x | 2.39x | $-22.49 Million |
| 2025 | 1.39% | 11.90% | 0.05x | 2.46x | $-101.73 Million |
Industry Comparison
This section compares New Mountain Finance Corporation's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $480,061,868
- Average return on equity (ROE) among peers: -14.48%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| New Mountain Finance Corporation (NMFC) | $1.03 Billion | -3.88% | 1.33x | $643.22 Million |
| Acadian Asset Management Inc (AAMI) | $-17.60 Million | 0.00% | 0.00x | $3.12 Billion |
| AllianceBernstein Holding L.P. (AB) | $214.00 Million | 32.52% | 1.62x | $3.19 Billion |
| Associated Capital Group Inc (AC) | $502.13 Million | 5.33% | 0.17x | $78.56 Million |
| Abrdn Emerging Markets Equity Income Fund Inc (AEF) | $60.56 Million | -17.39% | 0.03x | $265.69 Million |
| AFC Gamma Inc (AFCG) | $339.06 Million | 10.60% | 0.53x | $69.65 Million |
| AgriFORCE Growing Systems Ltd (AGRI) | $8.00 Million | -83.04% | 0.47x | $194.14 Million |
| Alpha Compute Corp (ALP) | $12.33 Million | -46.28% | 0.02x | $5.62 Million |
| Alvarium Tiedemann Holdings Inc. (ALTI) | $782.49 Million | -21.16% | 0.62x | $253.09 Million |
| Amber International Holding Limited (AMBR) | $106.64 Million | -30.39% | 0.94x | $164.48 Million |
| Affiliated Managers Group, Inc. (AMG) | $2.79 Billion | 4.96% | 0.89x | $9.76 Billion |
About New Mountain Finance Corporation
New Mountain Finance Corporation (Nasdaq: NMFC), a business development company, is a private equity/buyouts and loan fund that specializes in directly investing and lending to middle market companies in "defensive growth" industries. The fund prefers investing in buyout and middle market companies. It also makes investments in debt securities at all levels of the capital structure, including fir… Read more