Saturday 17 October 2026 Export PFLT’s income statement to Excel — free account

PennantPark Floating Rate Capital Ltd.

PennantPark Floating Rate Capital Ltd.’s revenue for fiscal 2025 (year ended September 2025) was $261.4 million, up 40.3% from fiscal 2024. In the quarter to June 2026, revenue grew 4.07%, EPS fell 57.9%, free cash flow grew 392.8% and total debt rose 5.58%, each against the same quarter a year earlier. Revenue growth for five consecutive years.

6.51 0.14 −2.11%

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Market cap: $660.1M
P/E: 12.8×
Fwd P/E: 10.2×
Dividend yield: 15.9%
F-score: 1/9
Altman Z: n/a
Beneish M: n/a
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	—	—	—	—	—	—	—	—	—	—	—	—

Insider Ownership 0.89%

Capital & Financial Ratios $m

Market Cap 660.13

Revenue 271.11

Net Income 50.25

Free Cash Flow (58.40)

Net Debt 857.93

Current Ratio 0.19

Debt/Equity 0.94

P/E ratio 12.76

Fwd P/E 10.20

P/S ratio 2.38

P/B ratio 0.63

Past 5Y EPS Growth 8.90%

This Y EPS Growth (9.09%)

Next Y EPS Growth 0.91%

Next Y revenue growth 2.36%

Next 5Y EPS Growth (3.45%)

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/E against its own 10 years 47.94%

10-year low 10-year high

P/S against its own 10 years 0.74%

10-year low 10-year high

P/B against its own 10 years 1.81%

10-year low 10-year high

Dividends

Payout Ratio 2.03

Annual Dividend Rate 1.04

Annual Dividend Yield 15.94%

	total	individual payouts
2028	Powerpack
2027	Powerpack
2026	1.14	0.10 0.10 0.10 0.10 0.10 0.08 0.08 0.08 0.08 0.00
2025	1.23	0.10 0.10 0.10 0.10 0.10 0.10 0.10 0.10 0.10 0.10 0.10 0.10
2024	1.23	0.10 0.10 0.10 0.10 0.10 0.10 0.10 0.10 0.10 0.10 0.10 0.10
2023	1.21	0.10 0.10 0.10 0.10 0.10 0.10 0.10 0.10 0.10 0.10 0.10 0.10
2022	1.24	0.10 0.10 0.10 0.10 0.10 0.10 0.10 0.10 0.10 0.10 0.10 0.10 0.10
2021	1.14	0.10 0.10 0.10 0.10 0.10 0.10 0.10 0.10 0.10 0.10 0.10 0.10
2020	1.14	0.10 0.10 0.10 0.10 0.10 0.10 0.10 0.10 0.10 0.10 0.10 0.10
2019	1.14	0.10 0.10 0.10 0.10 0.10 0.10 0.10 0.10 0.10 0.10 0.10 0.10
2018	1.14	0.10 0.10 0.10 0.10 0.10 0.10 0.08 0.02 0.08 0.02 0.08 0.02 0.01 0.08 0.10 0.10
2017	1.14	0.10 0.10 0.10 0.10 0.10 0.10 0.10 0.10 0.10 0.10 0.10 0.10
2016	1.14	0.10 0.10 0.10 0.10 0.10 0.10 0.10 0.10 0.10 0.10 0.10 0.10

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	101	112	123	101
Receivables	10	12	14	13
Inventory	—	—	—	—
Other	1	1	—	6
	112	125	139	122

	2023	2024	2025	Q'26
Payables	36	494	741	359
ST’ Debt	—	—	—	—
Other	—	—	—	—
	297	681	928	658

Compound Annual Growth %

	10y	5y	3y
Sales	24.03%	22.32%	35.33%
Cash Flow	0.00%	0.00%	0.00%
Earnings	18.16%	29.23%	167.86%
Book Value	11.16%	17.62%	26.80%

Revenue $m

	Dec	Mar	Jun	Sep	Year
’26	70	66	66	—	—
’25	67	62	64	69	261
’24	38	44	49	56	186
’23	31	35	38	36	139
’22	26	25	26	29	105
’21	21	19	21	22	83
’20	25	26	23	22	95

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Dec	Mar	Jun	Sep	Year
’26	149	24	103	—	—
’25	(233)	(118)	(35)	(335)	(721)
’24	(182)	(173)	(155)	(292)	(801)
’23	6	9	47	78	141
’22	(82)	(20)	(10)	65	(47)
’21	55	62	7	(75)	50
’20	(66)	(93)	96	58	(5)

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Dec	Mar	Jun	Sep	Year
’26	149	24	103	—	—
’25	(233)	(118)	(35)	(335)	(721)
’24	(182)	(173)	(155)	(292)	(801)
’23	6	9	47	78	141
’22	(82)	(20)	(10)	65	(47)
’21	55	62	7	(75)	50
’20	(66)	(93)	96	58	(5)

Fiscal quarters ending in the months shown.

EPS $

	Dec	Mar	Jun	Sep	Year
’26	(0.04)	0.29	0.08	—	—
’25	0.35	0.01	0.19	0.18	0.72
’24	0.38	0.51	0.25	0.29	1.40
’23	(0.04)	0.15	0.11	0.48	0.77
’22	0.37	0.18	(0.12)	(0.34)	0.08
’21	0.67	0.30	0.38	0.11	1.46
’20	0.26	(0.54)	0.32	0.43	0.47

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	9.73	13.24	11.05	11.14	3.34	10.33	9.43	9.69	10.28	8.40	Analyst estimates 2026–2028 Powerpack
	High	14.17	14.65	14.12	13.42	12.67	13.92	14.38	12.33	12.63	11.50
People
People	Employees	—	—	—	—	—	—	—	—	—	—
	Revenue/emp, $m	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Income, $m
Income, $m	Revenue	46	59	72	93	95	83	105	139	186	261
	Gross margin, %	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00
	EBT	33	36	33	11	18	57	3	39	92	66
	EBT margin, %	72.33	61.05	46.38	12.28	19.28	68.34	3.27	28.18	49.28	25.39
	Net income	33	36	33	11	18	57	3	39	92	66
	Depreciation	(9)	1	(6)	1	11	(32)	26	11	(17)	27
Per share, $
Per share, $	Revenue	1.73	1.97	1.89	2.40	2.46	2.13	2.57	2.74	2.84	2.83
	Earnings	1.25	1.20	0.87	0.29	0.47	1.46	0.08	0.77	1.40	0.72
	Cash flow	(6.19)	(2.53)	(5.44)	(3.13)	(0.13)	1.28	(1.13)	2.77	(12.19)	(7.79)
	Capex	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	Free cash flow	(6.19)	(2.53)	(5.44)	(3.13)	(0.13)	1.28	(1.13)	2.77	(12.19)	(7.79)
	Book value	14.06	15.12	13.99	12.97	12.31	12.66	12.84	12.86	13.35	11.61
	Shares, m	27	30	38	39	39	39	41	51	66	93
Valuation, ×
Valuation, ×	P/E	10.58	12.13	15.23	40.00	17.96	8.76	106.67	14.90	8.09	12.12
	P/S	7.64	7.40	6.95	4.84	3.43	6.00	3.74	3.81	4.08	3.15
	P/B	0.94	0.96	0.94	0.89	0.69	1.01	0.75	0.81	0.87	0.77
	EV/Sales	7.01	7.09	5.95	6.57	5.18	8.12	5.39	4.71	6.43	6.15
	EV/FCF	(1.96)	(5.50)	(2.06)	(5.03)	(100.10)	13.48	(12.21)	4.67	(1.49)	(2.23)
Cash, $m
Cash, $m	Operating cash flow	(165)	(77)	(208)	(121)	(5)	50	(47)	141	(801)	(721)
	Capex	—	—	—	—	—	—	—	—	—	—
	Free cash flow	(165)	(77)	(208)	(121)	(5)	50	(47)	141	(801)	(721)
Balance, $m
Balance, $m	Working capital	(223)	(267)	(465)	(357)	(385)	(399)	(406)	(184)	(555)	(790)
	Total debt	232	257	468	224	225	225	226	227	549	908
	Net debt	203	238	396	161	167	176	175	126	437	786
	Shareholders’ equity	376	458	536	503	477	491	527	654	877	1,075
Returns, %
Returns, %	ROA	6.39	5.27	3.67	1.02	1.60	4.87	0.29	3.26	5.59	2.64
	ROIC	2.95	3.00	2.08	4.28	4.21	3.72	4.33	5.41	3.70	3.60
	ROE	8.94	8.71	6.74	2.20	3.76	11.68	0.68	6.65	12.00	6.80

Negative figures in brackets.

All 10 years →

Fiscal years to Sep 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
BUR Burford Capital Limited	$722.5M	— (loss-making)	— (loss-making)	−42.14% (below 0%: shrinking)	−97.50% (below 0%: shrinking)	+161.57% (above 0%: growing)	100.00%	57.14%	Compare
VINP Vinci Compass Investments Ltd.	$717.4M	15.2×	8.7×	+30.12% (above 0%: growing)	−26.32% (below 0%: shrinking)	+17.98% (above 0%: growing)	100.00%	27.59%	Compare
MFIC MidCap Financial Investment Corporation	$700.2M	— (loss-making)	14.7×	−16.03% (below 0%: shrinking)	n/m	+307.98% (above 0%: growing)	100.00%	87.62%	Compare
BCSF Bain Capital Specialty Finance, Inc.	$689.6M	10.4×	9.7×	−12.14% (below 0%: shrinking)	−40.54% (below 0%: shrinking)	+10,857.59% (above 0%: growing)	100.00%	80.20%	Compare
PFLT PennantPark Floating Rate Capital Ltd.	$660.1M	12.8×	10.2×	+4.07% (above 0%: growing)	−57.89% (below 0%: shrinking)	+392.80% (above 0%: growing)	100.00%	77.14%
NMFC New Mountain Finance Corporation	$651.3M	— (loss-making)	29.5×	−4.25% (below 0%: shrinking)	+157.14% (above 0%: growing)	−39.48% (below 0%: shrinking)	100.00%	0.00%	Compare
ACGP Associated Capital Group, Inc.	$649.9M	14.8×	4.2×	+13.32% (above 0%: growing)	+3.41% (above 0%: growing)	+254.80% (above 0%: growing)	100.00%	(314.07%)	Compare
SLRC SLR Investment Corp.	$629.0M	8.4×	9.9×	−9.45% (below 0%: shrinking)	−65.91% (below 0%: shrinking)	+112.02% (above 0%: growing)	100.00%	70.73%	Compare
GAIN Gladstone Investment Corporation	$610.1M	3.6×	17.7×	+20.43% (above 0%: growing)	n/m	+116.07% (above 0%: growing)	63.66%	76.50%	Compare
Median of peers	$670.4M	10.4×	9.9×	−6.85%	−33.43%	+138.82%	100.00%	63.94%

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PennantPark Floating Rate Capital Ltd. (PFLT) key facts

Strength: PennantPark Floating Rate Capital Ltd.’s revenue for fiscal 2025 (year ended September 2025) was $261.4 million, up 40.3% from fiscal 2024.
PennantPark Floating Rate Capital Ltd. (PFLT) is an Asset Management company in the Financial sector, listed on the New York Stock Exchange.
As of October 16, 2026, PFLT traded at $6.51, a market capitalization of $660.1 million.
PennantPark Floating Rate Capital Ltd. pays an annual dividend of $1.04 per share, a yield of 15.9%.
Return on equity was 6.80% and debt-to-equity 0.94.
Its Piotroski F-score is 1 out of 9 for fiscal 2025.