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

New Mountain Finance's (NMFC) quarterly Debt Ratio came in at 0.32 in Q1 2026, up 5.3% year-on-year from 0.31 in Q1 2025, and down 43.62% quarter-over-quarter from 0.58 in Q4 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.

  • On a quarterly basis, Debt Ratio rose 5.3% year-over-year to 0.32 in Q1 2026; TTM through Mar 2026 was 0.32, a 5.3% increase from a year earlier, with the FY2025 full-year figure at 0.58, up 91.01% from the prior year.
  • Debt Ratio eased to 0.32 in Q1 2026 per NMFC's latest filing, from 0.58 in the prior quarter.
  • Across five years, Debt Ratio topped out at 0.58 in Q3 2024 and bottomed at 0.12 in Q2 2023.
  • The 5-year median for Debt Ratio is 0.21 (2024), against an average of 0.27.
  • Across the five-year window, Debt Ratio surged 388.98% in 2024 and tumbled 45.04% in 2025, its largest moves.
  • Year by year, Debt Ratio stood at 0.16 in 2022, then climbed by 2.91% to 0.16 in 2023, then soared by 84.86% to 0.3 in 2024, then soared by 91.01% to 0.58 in 2025, then sank by 43.62% to 0.32 in 2026.
  • Per Business Quant, the three latest NMFC Debt Ratio figures stand at 0.32 (Q1 2026), 0.58 (Q4 2025), and 0.32 (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Brookfield 1,236.60 Bn 1,311.20 Bn 18.56 Bn -
2 BlackRock 161.01 Bn 148.08 Bn - 0.12
3 Blackstone 97.77 Bn 96.72 Bn - 0.27
4 Apollo Global Management 70.80 Bn 90.38 Bn -409.00 Mn 0.03
5 State Street 51.30 Bn 51.30 Bn - -
6 Ameriprise Financial 48.54 Bn 39.27 Bn 4.57 Bn 0.00
7 Northern Trust 32.93 Bn 32.93 Bn - 0.04
8 Raymond James Financial 32.59 Bn 17.67 Bn - 0.05
9 Price T Rowe 24.70 Bn 21.13 Bn - -
10 New Mountain Finance 685.25 Mn 640.59 Mn - 0.32

Historic Data

Download Data
DateValue
Mar 31, 2026 0.32
Dec 31, 2025 0.58
Sep 30, 2025 0.32
Jun 30, 2025 0.31
Mar 31, 2025 0.31
Dec 31, 2024 0.30
Sep 30, 2024 0.58
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