MidCap Financial Investment (MFIC) financial statements
Net income was $63M.
The diluted share count rose 43% over the period (dilution).
Income statement
Fiscal years, from MidCap Financial Investment's 10-K filings with the SEC.
| Fiscal year | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Interest expense | $55M | $55M | $104M | — | — |
| Income tax | — | — | $0 | $0 | $0 |
| Net income | $112M | $82M | $119M | $99M | $63M |
| EPS (diluted) | $1.71 | $1.28 | $1.82 | $1.27 | $0.68 |
| Diluted shares | 65M | 65M | 65M | 78M | 93M |
Balance sheet
Fiscal years, from MidCap Financial Investment's 10-K filings with the SEC.
| Fiscal year | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Cash and short-term investments | $55M | $30M | $94M | $74M | $98M |
| Total assets | — | $2.6B | $2.5B | $3.2B | $3.3B |
| Total liabilities | — | $1.6B | $1.5B | $1.8B | $2.0B |
| Shareholders' equity | — | — | — | $1.4B | $1.3B |
| Net debt | -$55M | -$30M | -$94M | -$74M | -$98M |
Cash flow
Fiscal years, from MidCap Financial Investment's 10-K filings with the SEC.
| Fiscal year | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Operating cash flow | $471M | -$3M | $196M | -$10M | -$50M |
| Dividends paid | $106M | $93M | $123M | $140M | $142M |
| Share buybacks (net) | — | -$21M | -$2M | — | -$19M |
| Net borrowing | -$344M | $93M | -$25M | $112M | $239M |
| Dividends per share | $1.62 | $1.45 | $1.89 | $1.79 | $1.52 |
Every line, every quarterThe deep dive has fifteen-plus years of statements, quarterly results, charts and valuation models for MFIC.
Open MFIC in InvestinglyFrom MidCap Financial Investment's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.