WhiteHorse Finance (WHF) Invested Capital (2021 - 2026)
WhiteHorse Finance's (WHF) quarterly Invested Capital came in at $577.3 million in Q2 2026, down 9.51% year-over-year from $637.9 million in Q2 2025, and little changed quarter-over-quarter from $574.5 million in Q1 2026.
Analysis
WhiteHorse Finance (WHF) Invested Capital (2021 - 2026) Analysis & Trends
WhiteHorse Finance (WHF) has reported Invested Capital for 6 consecutive years, with $577.3 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Invested Capital fell 9.51% year-over-year to $577.3 million in Q2 2026; TTM through Jun 2026 was $577.3 million, a 9.51% decrease from a year earlier, with the FY2025 full-year figure at $583.6 million, down 8.7% from the prior year.
- Invested Capital was $577.3 million for Q2 2026 at WhiteHorse Finance, roughly flat from $574.5 million in the prior quarter.
- Over five years, Invested Capital peaked at $774.0 million in Q3 2022 and troughed at $574.5 million in Q1 2026.
- A 5-year average of $671.5 million and a median of $660.6 million in 2024 frame the typical range for Invested Capital.
- Across the five-year window, Invested Capital jumped 62.25% in 2022 and slipped 10.6% in 2026, its largest moves.
- Over 5 years, Invested Capital stood at $772.8 million in 2022, then fell by 9.01% to $703.2 million in 2023, then dropped by 9.1% to $639.3 million in 2024, then dropped by 8.7% to $583.6 million in 2025, then retreated by 1.09% to $577.3 million in 2026.
- The last three Invested Capital figures came in at $577.3 million (Q2 2026), $574.5 million (Q1 2026), and $583.6 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Ares Capital | 14.08 Bn | 13.70 Bn | - | 29.66 Bn |
| 2 | Blackstone Secured Lending Fund | 5.69 Bn | 5.42 Bn | - | 13.47 Bn |
| 3 | Blue Owl Capital | 5.49 Bn | 5.25 Bn | - | 14.94 Bn |
| 4 | Main Street Capital | 5.24 Bn | 5.18 Bn | - | 5.70 Bn |
| 5 | Blue Owl Technology Finance | 4.98 Bn | 4.77 Bn | - | 14.70 Bn |
| 6 | Hercules Capital | 4.62 Bn | 4.57 Bn | - | 4.61 Bn |
| 7 | FS KKR Capital | 3.35 Bn | 3.24 Bn | - | 11.59 Bn |
| 8 | Golub Capital Bdc | 3.32 Bn | 3.27 Bn | - | 8.24 Bn |
| 9 | PennantPark Floating Rate Capital | 2.48 Bn | -128.99 Mn | - | 1.65 Bn |
| 10 | WhiteHorse Finance | 153.37 Mn | 144.91 Mn | - | 577.26 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 577.26 Mn |
| Mar 31, 2026 | 574.48 Mn |
| Dec 31, 2025 | 583.63 Mn |
| Sep 30, 2025 | 588.77 Mn |
| Jun 30, 2025 | 637.93 Mn |
| Mar 31, 2025 | 642.58 Mn |
| Dec 31, 2024 | 639.25 Mn |
| Sep 30, 2024 | 649.67 Mn |
| Jun 30, 2024 | 671.58 Mn |
| Mar 31, 2024 | 704.12 Mn |
| Dec 31, 2023 | 703.22 Mn |
| Sep 30, 2023 | 720.44 Mn |
| Jun 30, 2023 | 750.01 Mn |
| Mar 31, 2023 | 753.68 Mn |
| Dec 31, 2022 | 772.81 Mn |
| Sep 30, 2022 | 774.01 Mn |
| Dec 31, 2021 | 476.31 Mn |