New Mountain Finance (NMFC) vs PennantPark Floating Rate Capital (PFLT)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
PennantPark Floating Rate Capital (PFLT) has outperformed New Mountain Finance (NMFC) over the past year, losing 24.5% versus a loss of 27.8%. Over five years, PFLT leads with a -49.5% price change compared with -50.6% for NMFC. PennantPark Floating Rate Capital is the larger company by market cap ($655.8 million vs $635.2 million), about 1.0 times the size.
On valuation, PennantPark Floating Rate Capital trades at a lower forward P/E (6.2x vs 6.4x for New Mountain Finance). PennantPark Floating Rate Capital offers the higher dividend yield (18.32% vs 17.99%).
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | NMFC | PFLT |
|---|---|---|
| Share price | $6.73 | $6.61 |
| Market cap | $635.19M | $655.83M |
| 1-day change | -0.22% | -0.75% |
| YTD return | -26.82% | -28.16% |
| 1-year return | -27.76% | -24.49% |
| 5-year return | -50.59% | -49.47% |
| P/E ratio (TTM) | — | 12.96 |
| Forward P/E | 6.40 | 6.24 |
| EPS (TTM) | $-0.48 | $0.51 |
| Dividend yield | 17.99% | 18.32% |
| Annual dividend | $1.21 | $1.21 |
| 52-week high | $9.84 | $9.75 |
| 52-week low | $6.69 | $6.58 |
| Distance from 52-week high | -31.66% | -32.21% |
| Analyst consensus | none | none |
| Avg. price target upside | +23.27% | +47.50% |
| Average volume | 527.38K | 932.48K |
| Shares outstanding | 94.45M | 99.22M |
| Sector | Finance | Finance |
| Industry | Finance/Investors Services | Finance: Consumer Services |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
About New Mountain Finance
NMFC stock →New Mountain Finance Corporation (Nasdaq: NMFC), a business development company, is a private equity/buyouts and loan fund that specializes in directly investing and lending to middle market companies in defensive growth industries. The fund prefers investing in buyout and middle market companies.
Finance · Finance/Investors Services
About PennantPark Floating Rate Capital
PFLT stock →PennantPark Floating Rate Capital Ltd. is a Private Debt, business development company.
Finance · Finance: Consumer Services
NMFC vs PFLT FAQ
Which is bigger, New Mountain Finance or PennantPark Floating Rate Capital?
PennantPark Floating Rate Capital (PFLT) is larger, with a market capitalization of $655.83M compared with $635.19M for New Mountain Finance (NMFC).
Which stock has performed better over the past year, NMFC or PFLT?
PFLT returned -24.49% over the past 12 months, compared with -27.76% for NMFC (price return, excluding dividends). Past performance does not predict future results.
Which pays a higher dividend, New Mountain Finance or PennantPark Floating Rate Capital?
PennantPark Floating Rate Capital has the higher yield at 18.32%, compared with 17.99% for New Mountain Finance.
Are New Mountain Finance and PennantPark Floating Rate Capital in the same industry?
Both are in the Finance sector, but in different industries: Finance/Investors Services for New Mountain Finance and Finance: Consumer Services for PennantPark Floating Rate Capital.