New Mountain Finance (NMFC) Debt Ratio (2021 - 2026)

New Mountain Finance (NMFC) recorded quarterly Debt Ratio of 0.32 in Q1 2026, down 4.99% quarter-over-quarter from 0.34 in Q4 2025, and up 5.3% on a YoY basis from 0.31 in Q1 2025.

New Mountain Finance (NMFC) Debt Ratio (2021 - 2026) Analysis & Trends

New Mountain Finance's Debt Ratio history runs 6 years deep, the most recent figure standing at 0.32 for Q1 2026.

  • In Q1 2026, Debt Ratio rose 5.3% year-over-year to 0.32; the TTM figure through Mar 2026 stood at 0.32 (up 5.3% YoY), while the FY2025 annual figure was 0.34, up 13.34% from the prior year.
  • Debt Ratio was 0.32 for Q1 2026 at New Mountain Finance, down from 0.34 in the prior quarter.
  • In the past five years, Debt Ratio ranged from a high of 0.34 in Q4 2025 to a low of 0.12 in Q2 2023.
  • Historically, Debt Ratio has averaged 0.23 across 5 years, with a median of 0.21 in 2024.
  • The sharpest annual moves came in 2023 and 2024: Debt Ratio dropped 24.8% in 2023, then surged 143.78% in 2024.
  • A 5-year view of Debt Ratio shows it stood at 0.16 in 2022, then climbed by 1.2% to 0.16 in 2023, then surged by 87.98% to 0.3 in 2024, then climbed by 13.34% to 0.34 in 2025, then declined by 4.99% to 0.32 in 2026.
  • The last three Debt Ratio figures came in at 0.32 (Q1 2026), 0.34 (Q4 2025), and 0.32 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 BlackRock 163.18 Bn 153.56 Bn - 0.05
2 Blackstone 96.85 Bn 95.80 Bn - 0.27
3 Kkr 86.45 Bn 133.96 Bn - -
4 Apollo Global Management 82.30 Bn 101.04 Bn 5.04 Bn -
5 State Street 46.95 Bn 21.27 Bn - -
6 Ameriprise Financial 43.65 Bn 43.52 Bn 4.57 Bn 0.00
7 Northern Trust 31.92 Bn 31.92 Bn - 0.04
8 Raymond James Financial 30.62 Bn 19.37 Bn - 0.04
9 Ares Management 29.04 Bn 32.41 Bn - -
10 New Mountain Finance - - - 0.32

Historic Data

Download Data
DateValue
Mar 31, 2026 0.32
Dec 31, 2025 0.34
Sep 30, 2025 0.32
Jun 30, 2025 0.31
Mar 31, 2025 0.31
Dec 31, 2024 0.30
Sep 30, 2024 0.29
Jun 30, 2024 0.20
Mar 31, 2024 0.21
Dec 31, 2023 0.16
Sep 30, 2023 0.12
Jun 30, 2023 0.12
Mar 31, 2023 0.13
Dec 31, 2022 0.16
Sep 30, 2022 0.16
Dec 31, 2021 0.16