SequelSEC

MidCap Financial Investment Corp MFIC

Industry unavailable · CIK 0001278752 · Fiscal year ends 1231

AnnualQuarterlyTTM
Revenue
Unavailable
Fiscal year ended 2025-12-31
Operating income
Unavailable
Fiscal year ended 2025-12-31
Free cash flow
Unavailable
Fiscal year ended 2025-12-31

Valuation, from the filing

Public float$170.00MMarket value of stock held by non-affiliates, as stated on the cover page for 2025-06-30
Float per share$1.84Float divided by shares outstanding in the same filing. A floor under the share price on that date, not the price itself.
Float / net income2.7×A lower bound on the multiple, because affiliate holdings are excluded.
Float / equity0.1×A lower bound on the multiple, because affiliate holdings are excluded.

Every figure here is drawn from the 10-K cover page and the statements behind it, so each one traces to a filing. Public float counts only stock held by non-affiliates, which makes these floors rather than estimates: a high multiple is conclusive, a low one may mean cheap or may mean closely held. The float was measured on 2025-06-30, not today, and each multiple below it uses the figures for the fiscal year ending 2025-12-31 — the year that filing covered.

Valuation over time

2.7× earnings today, against a median of 6.8× across 3 years on record. Below its own history.

Float measuredPublic floatFloat / net income
2025-06-30$170.00M2.7×
2024-06-30$980.00M9.9×
2023-06-30$810.00M6.8×

Each float is paired with the fiscal year the filing that stated it covers. Only years where the company reported positive net income appear, because a multiple against a loss is not a multiple.

How this compares in its industry

Percentile among the industry filers on this site, highest value first. A high percentile means a large figure, which is good for a margin and not for leverage — the ranking says where the company sits, not whether that is where it should be.

MeasureReportedPercentile
Long-term debt / equity1.53x93th

MidCap Financial Investment Corp (MFIC) reported net income of $63.17M for the fiscal year ended 2025-12-31. This page shows 4 annual periods of income statement, balance sheet and cash flow figures normalized from MidCap Financial Investment Corp’s SEC filings, each linked to the filing it came from.

Income

MidCap Financial Investment Corp income by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-03-31
RevenueUnavailableUnavailableUnavailableUnavailable
Cost of revenueUnavailableUnavailableUnavailableUnavailable
Gross profitUnavailableUnavailableUnavailableUnavailable
Operating incomeUnavailableUnavailableUnavailableUnavailable
Net income$63.17M$98.82M$118.76M$82.36M
Research & developmentUnavailableUnavailableUnavailableUnavailable
Weighted-average diluted sharesUnavailableUnavailableUnavailableUnavailable
Pretax incomeUnavailableUnavailableUnavailableUnavailable
Income tax expense$0$0$0Unavailable
Diluted EPSUnavailableUnavailableUnavailableUnavailable
Selling, general & administrativeUnavailableUnavailableUnavailableUnavailable
General & administrativeUnavailableUnavailableUnavailableUnavailable
Selling & marketingUnavailableUnavailableUnavailableUnavailable

Balance

MidCap Financial Investment Corp balance by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-03-31
Cash & equivalents$98.18M$74.36M$93.58M$30.03M
Total assets$3.32B$3.19B$2.50B$2.60B
Current assetsUnavailableUnavailableUnavailableUnavailable
Total liabilities$2.02B$1.79B$1.50B$1.60B
Current liabilitiesUnavailableUnavailableUnavailableUnavailable
Total equity incl. NCI$1.31B$1.40BUnavailableUnavailable
Temporary (mezzanine) equityUnavailableUnavailableUnavailableUnavailable
InventoryUnavailableUnavailableUnavailableUnavailable
Accounts receivableUnavailableUnavailableUnavailableUnavailable
GoodwillUnavailableUnavailableUnavailableUnavailable
Long-term debt$2.00B$1.75B$1.75B$1.55B
Accounts payableUnavailableUnavailableUnavailableUnavailable

Cash flow

MidCap Financial Investment Corp cash flow by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-03-31
Operating cash flow-$49.75M-$9.53M$196.38M-$2.68M
Capital expendituresUnavailableUnavailableUnavailableUnavailable
Investing cash flowUnavailableUnavailableUnavailableUnavailable
Financing cash flow$73.37M-$36.76M-$161.36M-$21.33M
Net change in cashUnavailableUnavailableUnavailableUnavailable
Stock-based compensationUnavailableUnavailableUnavailableUnavailable
Common dividends paid$141.58M$139.62M$123.48M$93.34M
Common share repurchases$18.97MUnavailable$2.30M$21.10M
Depreciation & amortizationUnavailableUnavailableUnavailableUnavailable

Derived

MidCap Financial Investment Corp derived by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-03-31
Free cash flowUnavailableUnavailableUnavailableUnavailable
Gross marginUnavailableUnavailableUnavailableUnavailable
Operating marginUnavailableUnavailableUnavailableUnavailable
FCF marginUnavailableUnavailableUnavailableUnavailable
SBC / revenueUnavailableUnavailableUnavailableUnavailable
Current ratioUnavailableUnavailableUnavailableUnavailable
Revenue YoY growthUnavailableUnavailableUnavailableUnavailable
Net marginUnavailableUnavailableUnavailableUnavailable
R&D / revenueUnavailableUnavailableUnavailableUnavailable
CapEx / revenueUnavailableUnavailableUnavailableUnavailable
Long-term debt / equity1.53x1.25xUnavailableUnavailable
Effective tax rateUnavailableUnavailableUnavailableUnavailable

Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open MFIC in the interactive workspace to inspect any figure back to its filing.

Source filings

10-Q · Filed 2026-08-06View SEC filing
10-Q · Filed 2026-05-06View SEC filing
10-K · Filed 2026-02-26View SEC filing
10-Q · Filed 2025-11-06View SEC filing
10-Q · Filed 2025-08-11View SEC filing
10-Q · Filed 2025-05-12View SEC filing

Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.