Income statement, balance sheet and cash flow statement for the last 5 fiscal years, taken from the XBRL data MidCap Financial Investment Corp files with the SEC in its annual reports.
In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.
Income statement
FY2022
FY2022
FY2023
FY2024
FY2025
Operating expenses
107
118
162
169
180
Interest expense
55.4
55
104
Income tax
0
0
0
Net income
112
82.4
119
98.8
63.2
EPS, basic
1.71
1.28
1.82
1.27
0.68
EPS, diluted
1.71
1.28
1.82
1.27
0.68
Shares, basic (weighted)
65.3
64.5
65.3
78
93.3
Shares, diluted (weighted)
65.3
64.5
65.3
78
93.3
Balance sheet
FY2022
FY2022
FY2023
FY2024
FY2025
Cash and equivalents
54.6
30
93.6
74.4
98.2
Total assets
2,600
2,501
3,191
3,324
Total liabilities
1,595
1,496
1,786
2,016
Total debt
1,551
1,752
1,752
1,995
Paid-in capital
2,079
2,104
2,658
2,653
Retained earnings
-1,074
-1,098
-1,254
-1,346
Shareholders' equity
1,405
1,307
Total equity
1,405
1,307
Total liabilities and equity
3,191
3,324
Shares outstanding
65.3
63.6
65.3
93.8
92.2
Cash flow statement
FY2022
FY2022
FY2023
FY2024
FY2025
Net income
112
82.4
119
98.8
63.2
Cash from operations
471
-2.68
196
-9.53
-49.7
Debt issued
185
495
631
446
2,120
Debt repaid
-529
-401
-655
-334
-1,881
Stock issued
0
Share buybacks
-21.1
-2.3
-19
Dividends paid
-106
-93.3
-123
-140
-142
Cash from financing
-460
-21.3
-161
-36.8
73.4
Exchange rate effect
-0.02
-0.02
0.02
-0.05
0.04
Net change in cash
11
-24
35
-46.3
23.6
Interest paid
50.5
47.9
97.5
111
120
Key metrics
Worked out from the statements above. Latest values use the trailing twelve months to June 30, 2026; growth uses fiscal years. Valuation uses the share price of $25.17 on September 25, 2026.
Profitability
Metric
Value
How it is calculated
Return on equity (ROE)
-2.7%
Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)
-1.0%
Net income / average total assets.
Growth
Metric
Value
How it is calculated
Net income growth, 1y
-36.1%
Net income vs the same period a year earlier. Only from a positive base.
EPS growth, 1y
-46.5%
EPS vs the same period a year earlier. Only from a positive base.
Book value growth, 1y
-6.9%
Book value vs the same period a year earlier. Only from a positive base.
Total assets growth, 1y
4.2%
Total assets vs the same period a year earlier. Only from a positive base.
Share count change, 1y
19.6%
Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Balance sheet health
Metric
Value
How it is calculated
Debt / equity
1.58x
Total debt / shareholders' equity. Not shown when equity is negative.
Debt / assets
60.8%
Total debt / total assets.
Liabilities / assets
61.5%
Total liabilities / total assets.
Net debt
$1.70B
Total debt - cash - short-term investments. Negative means more cash than debt.
Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
Operating cash flow per share
$6.44
Cash from operations / diluted weighted shares.
Book value per share
$13.37
Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Market cap + total debt - cash - short-term investments.
P/B
2.13x
Market cap / shareholders' equity. Only when equity is positive.
Price / tangible book
2.13x
Market cap / tangible book value, when positive.
P/OCF
4.42x
Market cap / cash from operations, when positive.
Earnings yield
-1.3%
Net income / market cap (the inverse of P/E).
Dividend yield
5.3%
Dividends paid over the period / market cap.
Shareholder yield
10.4%
(Dividends paid + share buybacks) / market cap.
Was MidCap Financial Investment Corp profitable in fiscal 2025?
Yes. Net income was $63.2M, a net margin of -.
Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.