PennantPark Floating Rate Capital (PFLA) FCF Payout Ratio (2021 - 2026)
PennantPark Floating Rate Capital's (PFLA) quarterly FCF Payout Ratio came in at 0.3 in Q2 2026, up 134.77% on a YoY basis from 0.13 in Q2 2025, and down 76.48% quarter-over-quarter from 1.26 in Q1 2026.
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Analysis
PennantPark Floating Rate Capital (PFLA) FCF Payout Ratio (2021 - 2026) Analysis & Trends
PennantPark Floating Rate Capital (PFLA) has reported FCF Payout Ratio for 6 consecutive years, with 0.3 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, FCF Payout Ratio rose 134.77% year-over-year to 0.3; the trailing twelve-month figure through Jun 2026 stood at 2.09 (down 1270.61% YoY), and the FY2025 full-year result was 0.15, down 57.42% from the prior year.
- FCF Payout Ratio declined to 0.3 in Q2 2026 per PFLA's latest filing, from 1.26 in the prior quarter.
- Across five years, FCF Payout Ratio topped out at 2.06 in Q4 2022 and bottomed at 1.22 in Q2 2022.
- Historically, FCF Payout Ratio has averaged 0.14 across 5 years, with a median of 0.08 in 2024.
- The sharpest annual moves came in 2022 and 2025: FCF Payout Ratio jumped 1631.22% in 2022, then tumbled 555.33% in 2025.
- Over 5 years, FCF Payout Ratio stood at 2.06 in 2022, then sank by 104.82% to 0.1 in 2023, then decreased by 5.27% to 0.1 in 2024, then soared by 296.47% to 0.21 in 2025, then surged by 43.89% to 0.3 in 2026.
- According to Business Quant data, FCF Payout Ratio over the past three periods registered 0.3, 1.26, and 0.21 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Ares Capital | 14.14 Bn | 13.76 Bn | - | 1.03 |
| 2 | Blackstone Secured Lending Fund | 5.70 Bn | 5.44 Bn | - | 0.30 |
| 3 | Blue Owl Capital | 5.54 Bn | 5.30 Bn | - | 0.34 |
| 4 | Main Street Capital | 5.29 Bn | 5.23 Bn | - | 0.77 |
| 5 | Blue Owl Technology Finance | 5.08 Bn | 4.87 Bn | - | - |
| 6 | Hercules Capital | 4.65 Bn | 4.60 Bn | - | 0.29 |
| 7 | FS KKR Capital | 3.42 Bn | 3.31 Bn | - | 0.17 |
| 8 | Golub Capital Bdc | 3.32 Bn | 3.27 Bn | - | 0.37 |
| 9 | PennantPark Floating Rate Capital | 2.48 Bn | -127.01 Mn | - | 0.30 |
| 10 | MidCap Financial Investment | 2.07 Bn | 2.03 Bn | - | 0.13 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.30 |
| Mar 31, 2026 | 1.26 |
| Dec 31, 2025 | 0.21 |
| Sep 30, 2025 | -0.09 |
| Jun 30, 2025 | -0.85 |
| Mar 31, 2025 | -0.23 |
| Dec 31, 2024 | -0.10 |
| Sep 30, 2024 | -0.08 |
| Jun 30, 2024 | -0.13 |
| Mar 31, 2024 | -0.11 |
| Dec 31, 2023 | -0.10 |
| Sep 30, 2023 | 0.22 |
| Jun 30, 2023 | 0.32 |
| Mar 31, 2023 | 1.48 |
| Dec 31, 2022 | 2.06 |
| Sep 30, 2022 | 0.19 |
| Jun 30, 2022 | -1.22 |
| Mar 31, 2022 | -0.57 |
| Dec 31, 2021 | -0.13 |