New Mountain Finance (NMFC) Tax Rate (2021 - 2026)
New Mountain Finance's (NMFC) quarterly Tax Rate came in at 0.15% in Q1 2026, up 73.0% year-on-year from 0.09% in Q1 2025, and up 942.7% quarter-over-quarter from 0.02% in Q4 2025.
New Mountain Finance (NMFC) Tax Rate (2021 - 2026) Analysis & Trends
New Mountain Finance's Tax Rate history runs 6 years deep, the most recent figure standing at 0.15% for Q1 2026.
- On a quarterly basis, Tax Rate rose 73.0% year-over-year to 0.15% in Q1 2026; TTM through Mar 2026 was 0.51%, a 1046.0% increase from a year earlier, with the FY2025 full-year figure at 0.17%, down 264.0% from the prior year.
- Tax Rate improved to 0.15% in Q1 2026 per NMFC's latest filing, from 0.02% in the prior quarter.
- Across five years, Tax Rate topped out at 11.33% in Q2 2023 and bottomed at 25.34% in Q4 2022.
- The 5-year median for Tax Rate is 0.15% (2026), against an average of 1.08%.
- Across the five-year window, Tax Rate tumbled 2707 bps in 2022 and jumped 2549 bps in 2023, its largest moves.
- Year by year, Tax Rate stood at 25.34% in 2022, then soared by 101 bps to 0.16% in 2023, then surged by 570 bps to 1.06% in 2024, then plunged by 102 bps to 0.02% in 2025, then surged by 943 bps to 0.15% in 2026.
- Per Business Quant, the three latest NMFC Tax Rate figures stand at 0.15% (Q1 2026), 0.02% (Q4 2025), and 1.23% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Brookfield | 1,236.60 Bn | 1,311.20 Bn | 18.56 Bn | -1.22% |
| 2 | BlackRock | 161.01 Bn | 148.08 Bn | - | 18.16% |
| 3 | Blackstone | 97.77 Bn | 96.72 Bn | - | 13.55% |
| 4 | Apollo Global Management | 70.80 Bn | 90.38 Bn | -409.00 Mn | 598.59% |
| 5 | State Street | 51.30 Bn | 51.30 Bn | - | 21.16% |
| 6 | Ameriprise Financial | 48.54 Bn | 39.27 Bn | 4.57 Bn | 20.02% |
| 7 | Northern Trust | 32.93 Bn | 32.93 Bn | - | 24.99% |
| 8 | Raymond James Financial | 32.59 Bn | 17.67 Bn | - | 25.99% |
| 9 | Price T Rowe | 24.70 Bn | 21.13 Bn | - | 23.43% |
| 10 | New Mountain Finance | 685.25 Mn | 640.59 Mn | - | 0.15% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.15% |
| Mar 31, 2026 | 0.15% |
| Mar 31, 2026 | 0.15% |
| Dec 31, 2025 | -0.02% |
| Dec 31, 2025 | -0.02% |
| Dec 31, 2025 | -0.02% |
| Sep 30, 2025 | 1.23% |
| Sep 30, 2025 | 1.23% |
| Sep 30, 2025 | 1.23% |
| Jun 30, 2025 | 0.23% |
| Jun 30, 2025 | 0.23% |
| Jun 30, 2025 | 0.23% |
| Mar 31, 2025 | -0.58% |
| Mar 31, 2025 | -0.58% |
| Mar 31, 2025 | -0.58% |
| Dec 31, 2024 | 1.06% |
| Dec 31, 2024 | 1.06% |
| Dec 31, 2024 | 1.06% |
| Sep 30, 2024 | -5.48% |
| Sep 30, 2024 | -5.48% |