MidCap Financial Investment (MFICL) Operating Margin (2021 - 2026)
MidCap Financial Investment's (MFICL) quarterly Operating Margin came in at 48.03% in Q2 2026, up 323.0% year-over-year from 11.35% in Q2 2025, and up 0.67% quarter-over-quarter from 47.71% in Q1 2026.
Analysis
MidCap Financial Investment (MFICL) Operating Margin (2021 - 2026) Analysis & Trends
MidCap Financial Investment has disclosed Operating Margin across 6 years of filings, most recently posting 48.03% for Q2 2026.
- In Q2 2026, Operating Margin rose 323.0% year-over-year to 48.03%; the TTM figure through Jun 2026 stood at 45.97% (up 97.0% YoY), while the FY2025 annual figure was 44.25%, up 8.0% from the prior year.
- Operating Margin came in at 48.03% for Q2 2026 at MidCap Financial Investment, up from 47.71% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 49.12% in Q1 2022 to a low of 40.92% in Q3 2023.
- Average Operating Margin over 5 years is 44.54%, with a median of 44.26% recorded in 2022.
- Year-over-year, Operating Margin plunged 454 bps in 2023 and soared 551 bps in 2024.
- Over 5 years, Operating Margin stood at 43.72% in 2022, then declined by 5 bps to 41.45% in 2023, then gained by 9 bps to 45.13% in 2024, then advanced by 2 bps to 45.96% in 2025, then increased by 5 bps to 48.03% in 2026.
- Per Business Quant data, the three most recent Operating Margin figures were 48.03% in Q2 2026, 47.71% in Q1 2026, and 45.96% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Ares Capital | 14.05 Bn | 13.66 Bn | - | 47.79% |
| 2 | Blackstone Secured Lending Fund | 5.64 Bn | 5.37 Bn | - | 55.61% |
| 3 | Blue Owl Capital | 5.48 Bn | 5.25 Bn | - | 44.07% |
| 4 | Main Street Capital | 5.23 Bn | 5.17 Bn | - | 62.71% |
| 5 | Blue Owl Technology Finance | 4.98 Bn | 4.77 Bn | - | 41.14% |
| 6 | Hercules Capital | 4.62 Bn | 4.57 Bn | - | 62.31% |
| 7 | FS KKR Capital | 3.34 Bn | 3.23 Bn | - | - |
| 8 | Golub Capital Bdc | 3.31 Bn | 3.26 Bn | - | 45.39% |
| 9 | PennantPark Floating Rate Capital | 2.48 Bn | -128.99 Mn | - | 8.79% |
| 10 | MidCap Financial Investment | 2.07 Bn | 2.03 Bn | - | 48.03% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 48.03% |
| Mar 31, 2026 | 47.71% |
| Dec 31, 2025 | 45.96% |
| Sep 30, 2025 | 42.76% |
| Jun 30, 2025 | 44.80% |
| Mar 31, 2025 | 43.56% |
| Dec 31, 2024 | 45.13% |
| Sep 30, 2024 | 46.43% |
| Jun 30, 2024 | 42.72% |
| Mar 31, 2024 | 41.77% |
| Dec 31, 2023 | 41.45% |
| Sep 30, 2023 | 40.92% |
| Jun 30, 2023 | 42.05% |
| Sep 30, 2022 | 43.72% |
| Jun 30, 2022 | 46.59% |
| Mar 31, 2022 | 49.12% |
| Sep 30, 2021 | 40.14% |