New Mountain Finance Corp (NMFC) Convertible Debt (2021 - 2025)
New Mountain Finance (NMFC) reported Convertible Debt of $258.78 million for Q3 2025, down 0.5% from $260.12 million a year earlier and unchanged from the prior quarter.
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Analysis
New Mountain Finance Corp (NMFC) Convertible Debt (2021 - 2025) Analysis & Trends
At the end of FY2024, New Mountain Finance posted Convertible Debt of $260.09 million, unchanged from FY2023.
- Convertible Debt has a three-year compound annual growth rate of 8.9% (FY2021 to FY2024).
- By year, Convertible Debt came in at $260.21 million in FY2023 (-17.9%), $316.85 million in FY2022 (+57.3%) and $201.42 million in FY2021.
- The Q3 2025 figure ranks as the lowest quarterly Convertible Debt since Q3 2022.
- Year over year, Convertible Debt has now declined in each of the last three quarters, with an average decline of 10.2% over the last eight quarters.
- The high point for year-over-year Convertible Debt in five years was Q4 2022 (growth of 57.3%); the low point was Q2 2024 (a decline of 31.0%).
- Per Business Quant data, the three quarters before Q3 2025 came in at $258.81 million (Q2 2025), $258.85 million (Q1 2025) and $260.09 million (Q4 2024).
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Historic Data
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Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | 258.78 Mn |
| Jun 30, 2025 | 258.81 Mn |
| Mar 31, 2025 | 258.85 Mn |
| Dec 31, 2024 | 260.09 Mn |
| Sep 30, 2024 | 260.12 Mn |
| Jun 30, 2024 | 260.15 Mn |
| Mar 31, 2024 | 260.18 Mn |
| Dec 31, 2023 | 260.21 Mn |
| Sep 30, 2023 | 260.24 Mn |
| Jun 30, 2023 | 377.10 Mn |
| Mar 31, 2023 | 377.14 Mn |
| Dec 31, 2022 | 316.85 Mn |
| Sep 30, 2022 | 201.34 Mn |
| Dec 31, 2021 | 201.42 Mn |
API Access
New Mountain Finance Corp Convertible Debt API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=convertible-debt&ticker=NMFC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "convertible-debt", "ticker": "NMFC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=convertible-debt&ticker=NMFC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();