New Mountain Finance annual net debt
2021
2022
2023
2024
2025
New Mountain Finance Net Debt Growth & History (NMFC)
New Mountain Finance's net debt was $1.59B for fiscal 2025.
View full New Mountain Finance company overviewNew Mountain Finance annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $1.59B | −$166.1M | −9.45% |
| 2024 | 2024-12-31 | $1.76B | $41.0M | +2.39% |
| 2023 | 2023-12-31 | $1.72B | −$194.1M | −10.17% |
| 2022 | 2022-12-31 | $1.91B | $60.4M | +3.26% |
| 2021 | 2021-12-31 | $1.85B | — | — |
New Mountain Finance quarterly net debt
Q4.21
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $1.28B | −$428.7M | −25.06% |
| Q1 2026 | 2026-03-31 | $1.28B | −$421.8M | −24.85% |
| Q4 2025 | 2025-12-31 | $1.59B | −$166.1M | −9.45% |
| Q3 2025 | 2025-09-30 | $1.70B | −$229.3M | −11.88% |
| Q2 2025 | 2025-06-30 | $1.71B | −$107.1M | −5.89% |
| Q1 2025 | 2025-03-31 | $1.70B | $58.2M | +3.55% |
| Q4 2024 | 2024-12-31 | $1.76B | $41.0M | +2.39% |
| Q3 2024 | 2024-09-30 | $1.93B | $125.1M | +6.93% |
| Q2 2024 | 2024-06-30 | $1.82B | −$45.0M | −2.42% |
| Q1 2024 | 2024-03-31 | $1.64B | −$308.5M | −15.84% |
| Q4 2023 | 2023-12-31 | $1.72B | −$194.1M | −10.17% |
| Q3 2023 | 2023-09-30 | $1.81B | −$109.9M | −5.74% |
| Q2 2023 | 2023-06-30 | $1.86B | — | — |
| Q1 2023 | 2023-03-31 | $1.95B | — | — |
| Q4 2022 | 2022-12-31 | $1.91B | $60.4M | +3.26% |
| Q3 2022 | 2022-09-30 | $1.92B | — | — |
| Q4 2021 | 2021-12-31 | $1.85B | — | — |
New Mountain Finance net debt trends
Between the periods ended 2021-12-31 and 2025-12-31, New Mountain Finance's net debt decreased from $1.85B to $1.59B, a change of −$258.8M. The latest reported quarter, Q2 2026, shows $1.28B.
About the metric
What net debt means
Net debt compares a company’s interest-bearing debt with its cash and cash equivalents. Positive net debt means debt exceeds cash, while a negative value indicates the company has more cash than debt on this measure.
Calculation and source
How net debt is calculated
TickerStat calculates net debt as total interest-bearing debt minus cash and cash equivalents at the same reporting-period end. Short-term investments are not subtracted because they are not included in the standardized cash series. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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