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| Date | Value |
|---|---|
| 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 |