New Mountain Finance (NMFC) Free Cash Flow (2021 - 2026)

New Mountain Finance (NMFC) recorded quarterly Free Cash Flow of $401.4 million in Q1 2026, up 148.42% quarter-over-quarter from $161.6 million in Q4 2025, and up 286.29% on a YoY basis from $103.9 million in Q1 2025.

New Mountain Finance (NMFC) Free Cash Flow (2021 - 2026) Analysis & Trends

New Mountain Finance's Free Cash Flow history runs 6 years deep, the most recent figure standing at $401.4 million for Q1 2026.

  • In Q1 2026, Free Cash Flow rose 286.29% year-over-year to $401.4 million; the TTM figure through Mar 2026 stood at $676.5 million (up 771.35% YoY), while the FY2025 annual figure was $379.0 million, up 802.36% from the prior year.
  • Free Cash Flow was $401.4 million for Q1 2026 at New Mountain Finance, up from $161.6 million in the prior quarter.
  • In the past five years, Free Cash Flow ranged from a high of $401.4 million in Q1 2026 to a low of -$159.9 million in Q2 2024.
  • Historically, Free Cash Flow has averaged $70.0 million across 5 years, with a median of $70.3 million in 2022.
  • Biggest YoY gain for Free Cash Flow was 2048.6% in 2024; the steepest drop was 229.52% in 2024.
  • A 5-year view of Free Cash Flow shows it stood at $43.9 million in 2022, then surged by 186.59% to $125.7 million in 2023, then jumped by 55.3% to $195.2 million in 2024, then decreased by 17.21% to $161.6 million in 2025, then surged by 148.42% to $401.4 million in 2026.
  • The last three Free Cash Flow figures came in at $401.4 million (Q1 2026), $161.6 million (Q4 2025), and $73.1 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 BlackRock 163.18 Bn 153.56 Bn - -1.09 Bn
2 Blackstone 96.85 Bn 95.80 Bn - 957.64 Mn
3 Kkr 86.45 Bn 133.96 Bn - 1.72 Bn
4 Apollo Global Management 82.30 Bn 101.04 Bn 5.04 Bn 1.62 Bn
5 State Street 46.95 Bn 21.27 Bn - -12.41 Bn
6 Ameriprise Financial 43.65 Bn 43.52 Bn 4.57 Bn 430.00 Mn
7 Northern Trust 31.92 Bn 31.92 Bn - -329.40 Mn
8 Raymond James Financial 30.62 Bn 19.37 Bn - 1.05 Bn
9 Ares Management 29.04 Bn 32.41 Bn - 390.87 Mn
10 New Mountain Finance - - - 401.41 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 401.41 Mn
Mar 31, 2026 401.41 Mn
Dec 31, 2025 161.59 Mn
Dec 31, 2025 161.59 Mn
Sep 30, 2025 73.14 Mn
Sep 30, 2025 73.14 Mn
Jun 30, 2025 40.34 Mn
Jun 30, 2025 40.34 Mn
Mar 31, 2025 103.92 Mn
Mar 31, 2025 103.92 Mn
Dec 31, 2024 195.18 Mn
Dec 31, 2024 195.18 Mn
Sep 30, 2024 -61.58 Mn
Sep 30, 2024 -61.58 Mn
Jun 30, 2024 -159.88 Mn
Jun 30, 2024 -159.88 Mn
Mar 31, 2024 68.28 Mn
Mar 31, 2024 68.28 Mn
Dec 31, 2023 125.68 Mn
Dec 31, 2023 125.68 Mn