PennantPark Investment Corporation (PNNT) 10-Year Financial Performance & Capital Metrics

PNNT • • Banking & Credit

Financial ServicesAsset ManagementBusiness Development Companies (BDCs)Middle Market Lenders

AboutPennantPark Investment Corporation, a business development company is a private equity fund specializes in direct and mezzanine investments in middle market companies. It invests in the form of mezzanine debt, senior secured loans, and equity investments. The fund typically invests in buildings and real estate, hotels, gaming and leisure, technology, telecommunications, transportation, information technology services, electronics, healthcare & pharmaceuticals, education and childcare, financial services, printing and publishing, consumer products, business services, energy & Related Services and utilities, distribution, oil and gas, media, environmental services, aerospace and defense, building materials, capital equipment, chemicals, plastics, & rubber, food & beverage, wholesale, manufacturing and basic industries and retail. It invests in equity securities and debt transactions through preferred stock, common stock, warrants, options, senior secured debt, subordinated debt, subordinated loans, first lien debt, mezzanine loans, and distressed debt securities and private equity co-investments. It seeks to invest in companies based in the United States. The fund seeks to invest between $10 million and $100 million cross the capital structure (senior secured loans, subordinated debt, and other investments) in its portfolio companies with EBITDA between $10 to $50 million. Its mezzanine loans, senior secured loans, and other investments in its portfolio companies are between $15 million and $50 million. The fund may also make non-control equity and debt investments.Show more

Net Interest Income $0 -100.0%
Total Revenue $70M -51.4%
Net Income $33M -33.0%
Return on Equity 6.83% -30.3%
Net Interest Margin 0% -100.0%
Efficiency Ratio 2.14% -53.2%
ROA 2.39% -37.7%
Equity / Assets 34.38% -3.3%
Book Value per Share 7.11 -6.1%
Tangible BV/Share 7.11 -6.1%
Debt/Equity 0.32 -79.4%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Efficient operations: 2.1% efficiency ratio
✓Well capitalized: 34.4% equity/assets
✓Diversified revenue: 100.0% from non-interest income
✓Trading at only 0.9x book value

✗Weaknesses

✗Weak 3Y average ROE of 3.5%

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y-8.04%

5Y-6.94%

3Y-12.66%

TTM-

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM-33.01%

EPS CAGR

10Y-

5Y-

3Y-

TTM-72.54%

ROCE

10Y Avg4.4%

5Y Avg6.56%

3Y Avg6.67%

Latest6.22%

Peer Comparison

Middle Market Lenders

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
GSBDGoldman Sachs BDC, Inc.	1.08B	9.43	17.15	-57.7%	32.67%	9.15%	18.68%	1.23
CSWCCapital Southwest Corporation	1.36B	23.72	16.14	7.67%	43.07%	9.13%		1.08
HCXYHercules Capital, Inc.	2.36B	25.18	15.64	-9.71%	62.54%	14.13%		0.90
TRINITrinity Capital Inc. 7.875% Notes Due 2029	1.91B	25.41	12.10	29.68%	50.98%	15.22%	4.92%	1.08
HTGCHercules Capital, Inc.	3.45B	18.97	11.78	-12.79%	61.03%	14.17%		0.90
TSLXSixth Street Specialty Lending, Inc.	2.12B	22.40	11.03	-2.72%	51.86%	11.83%	8.85%	1.18
MAINMain Street Capital Corporation	5.75B	64.20	10.97	18.32%	70.11%	18.28%		0.76
GBDCGolub Capital BDC, Inc.	3.68B	13.95	9.82	80.52%	46.2%	9.4%

Profit & Loss

	Sep 2016	Sep 2017	Sep 2018	Sep 2019	Sep 2020	Sep 2021	Sep 2022	Sep 2023	Sep 2024	Sep 2025
Net Interest Income+	103.44M	89.2M	78.48M	77.1M	63.23M	48.58M	58.67M	73.97M	70.65M	0
NII Growth %	-0.15%	-0.14%	-0.12%	-0.02%	-0.18%	-0.23%	0.21%	0.26%	-0.04%	-1%
Net Interest Margin %	-	-	-	-	-	-	-	-	-	-
Interest Income	131.05M	115.85M	101.3M	108.21M	95.4M	71.09M	87.43M	113.38M	115.84M	0
Interest Expense	27.6M	26.64M	22.82M	31.11M	32.17M	22.51M	28.76M	39.41M	45.19M	67.97M
Loan Loss Provision	0	0	0	0	0	0	0	-39.41M	0	-67.97M
Non-Interest Income+	11.03M	8.69M	6.98M	3.9M	4.82M	10.5M	17.54M	31.99M	27.98M	69.94M
Non-Interest Income %	-	-	-	-	-	-	-	-	-	-
Total Revenue+	142.07M	124.53M	108.28M	112.11M	100.22M	81.59M	104.97M	145.37M	143.82M	69.94M
Revenue Growth %	-0.12%	-0.12%	-0.13%	0.04%	-0.11%	-0.19%	0.29%	0.38%	-0.01%	-0.51%
Non-Interest Expense	633.12K	4.46M	3.16M	11.83M	4.91M	4.09M	11.9M	36.13M	6.56M	1.49M
Efficiency Ratio	-	-	-	-	-	-	-	-	-	-
Operating Income+	21.09M	63.41M	47.71M	17.12M	-14.77M	167.22M	-16.86M	109.24M	51.95M	76.95M
Operating Margin %	-	-	-	-	-	-	-	-	-	-
Operating Income Growth %	3.06%	2.01%	-0.25%	-0.64%	-1.86%	12.32%	-1.1%	7.48%	-0.52%	0.48%
Pretax Income+	21.09M	63.41M	47.71M	17.12M	-14.77M	167.22M	-16.86M	-26.14M	51.95M	35.32M
Pretax Margin %	-	-	-	-	-	-	-	-	-	-
Income Tax+	2.35M	1.7M	0	1.2M	1.2M	600K	7.88M	7.67M	3.1M	2.59M
Effective Tax Rate %	-	-	-	-	-	-	-	-	-	-
Net Income+	18.74M	61.71M	47.71M	15.92M	-15.97M	166.62M	-24.74M	-33.81M	48.85M	32.73M
Net Margin %	-	-	-	-	-	-	-	-	-	-
Net Income Growth %	2.83%	2.29%	-0.23%	-0.67%	-2%	11.43%	-1.15%	-0.37%	2.44%	-0.33%
Net Income (Continuing)	18.74M	61.71M	47.71M	15.92M	-15.97M	166.62M	-24.74M	-33.81M	48.85M	32.73M
EPS (Diluted)+	0.26	0.87	0.68	0.24	-0.24	2.49	-0.38	-0.52	0.75	0.50
EPS Growth %	2.86%	2.35%	-0.22%	-0.65%	-2%	11.38%	-1.15%	-0.37%	2.44%	-0.33%
EPS (Basic)	0.26	0.87	0.68	0.24	-0.24	2.49	-0.38	-0.52	0.75	0.50
Diluted Shares Outstanding	71.62M	71.06M	70.69M	67.71M	67.05M	67.05M	65.22M	65.22M	65.25M	65.3M

Balance Sheet

	Sep 2016	Sep 2017	Sep 2018	Sep 2019	Sep 2020	Sep 2021	Sep 2022	Sep 2023	Sep 2024	Sep 2025
Cash & Short Term Investments+	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Cash & Due from Banks	75.61M	38.2M	19.51M	59.52M	25.81M	20.36M	54.77M	38.77M	49.86M	51.78M
Short Term Investments	0	0	0	0	0	0	0	0	0	0
Total Investments+	125.02M	114.55M	148.74M	233.45M	318.34M	0	0	1.1B	0	1.29B
Investments Growth %	0.17%	-0.08%	0.3%	0.57%	0.36%	-1%	-	-	-1%	-
Long-Term Investments	125.02M	114.55M	148.74M	233.45M	318.34M	0	0	1.1B	0	0
Accounts Receivables	1000K	1000K	1000K	1000K	1000K	1000K	1000K	0	1000K	0
Goodwill & Intangibles+	-	-	-	-	-	-	-	-	-	-
Goodwill	0	0	0	0	0	0	0	0	0	0
Intangible Assets	0	0	0	0	0	0	0	0	0	0
PP&E (Net)	0	0	0	0	0	0	0	0	0	0
Other Assets	1.03B	1.04B	983.35M	985.98M	763.43M	1.26B	1.23B	0	1.33B	0
Total Current Assets	85.26M	48.62M	28.03M	66.41M	32.58M	39.8M	94.32M	55.33M	61.04M	57.04M
Total Non-Current Assets	1.15B	1.15B	1.13B	1.22B	1.08B	1.26B	1.23B	1.1B	1.33B	0
Total Assets+	1.24B	1.2B	1.16B	1.29B	1.11B	1.3B	1.32B	1.16B	1.39B	1.35B
Asset Growth %	-0.09%	-0.03%	-0.04%	0.11%	-0.13%	0.16%	0.02%	-0.12%	0.2%	-0.03%
Return on Assets (ROA)	0.01%	0.05%	0.04%	0.01%	-0.01%	0.14%	-0.02%	-0.03%	0.04%	0.02%
Accounts Payable	27.42M	20.68M	19.01M	14.96M	15.53M	21.39M	22.69M	95.38M	115.78M	0
Total Debt+	559.59M	526.07M	504.34M	683.76M	568.31M	607.34M	704.51M	516.84M	772.01M	149.47M
Net Debt	483.98M	487.86M	484.84M	624.24M	542.51M	586.98M	649.74M	478.06M	722.15M	97.69M
Long-Term Debt	559.59M	526.07M	504.34M	683.76M	568.31M	607.34M	704.51M	516.84M	772.01M	738.88M
Short-Term Debt	0	0	0	0	0	0	0	0	0	149.47M
Other Liabilities	8.56M	8.64M	7.87M	5.21M	4.8M	6.21M	7.85M	0	7.39M	736.13M
Total Current Liabilities	27.42M	20.68M	19.01M	14.96M	15.53M	21.39M	22.69M	106.7M	115.78M	149.47M
Total Non-Current Liabilities	568.15M	534.71M	512.21M	688.97M	573.11M	613.55M	712.37M	516.84M	779.4M	736.13M
Total Liabilities	595.57M	555.39M	531.22M	703.93M	588.64M	634.95M	735.05M	654.79M	895.18M	885.6M
Total Equity+	643.37M	646.81M	628.9M	581.91M	525.71M	660.14M	585.57M	502.19M	493.91M	463.95M
Equity Growth %	-0.1%	0.01%	-0.03%	-0.07%	-0.1%	0.26%	-0.11%	-0.14%	-0.02%	-0.06%
Equity / Assets (Capital Ratio)	-	-	-	-	-	-	-	-	-	-
Return on Equity (ROE)	0.03%	0.1%	0.07%	0.03%	-0.03%	0.28%	-0.04%	-0.06%	0.1%	0.07%
Book Value per Share	8.98	9.10	8.90	8.59	7.84	9.85	8.98	7.70	7.57	7.11
Tangible BV per Share	-	-	-	-	-	-	-	-	-	-
Common Stock	71.06K	71.06K	69.05K	67.05K	67.05K	67K	65K	65K	65K	65K
Additional Paid-in Capital	819.98M	818.74M	803.73M	788.19M	787.63M	786.99M	748.17M	746.47M	743.97M	740.51M
Retained Earnings	3.12M	3.33M	-174.9M	-206.35M	-261.98M	-126.92M	-162.67M	-244.34M	-250.13M	-276.62M
Accumulated OCI	0	0	0	0	0	0	0	0	0	0
Treasury Stock	0	0	0	0	0	0	0	0	0	0
Preferred Stock	0	0	0	0	0	0	0	0	0	0

Cash Flow

	Sep 2016	Sep 2017	Sep 2018	Sep 2019	Sep 2020	Sep 2021	Sep 2022	Sep 2023	Sep 2024	Sep 2025
Cash from Operations+	157.71M	69.25M	66.94M	-81.12M	-129.6M	7.91M	-17.29M	222.94M	-172.4M	66.12M
Operating CF Growth %	51.28%	-0.56%	-0.03%	-2.21%	-0.6%	1.06%	-3.19%	13.89%	-1.77%	1.38%
Net Income	18.74M	61.71M	47.71M	15.92M	-15.97M	166.62M	-24.74M	-33.81M	48.85M	0
Depreciation & Amortization	0	0	0	0	0	0	0	0	0	-42.63M
Deferred Taxes	0	0	0	0	0	0	0	0	0	0
Other Non-Cash Items	141.32M	7.86M	19.42M	-92.35M	-117.2M	-153.31M	26.71M	129.94M	-219.52M	79.29M
Working Capital Changes	-2.35M	-322.02K	-194.7K	-4.7M	3.57M	-5.39M	-19.26M	126.8M	-1.73M	29.46M
Cash from Investing+	0	0	0	0	0	0	0	0	0	38.66M
Purchase of Investments	0	0	0	0	0	0	0	0	0	-1.19B
Sale/Maturity of Investments	0	0	0	0	0	0	0	0	0	1000K
Net Investment Activity	-	-	-	-	-	-	-	-	-	-
Acquisitions	0	0	0	0	0	0	0	0	0	0
Other Investing	0	0	0	0	0	0	0	0	0	-26.25M
Cash from Financing+	-132.67M	-107.59M	-85.58M	121.08M	95.78M	-13.42M	52.04M	-239.16M	183.43M	-102.91M
Dividends Paid	-80.31M	-65.38M	-50.97M	-48.81M	-44.25M	-32.18M	-34.85M	-45.66M	-65.9M	-67.91M
Share Repurchases	-12.18M	0	-15.01M	-14.47M	0	0	-13.25M	0	0	0
Stock Issued	0	0	0	0	0	0	0	0	552K	0
Net Stock Activity	-	-	-	-	-	-	-	-	-	-
Debt Issuance (Net)	-1000K	-1000K	-1000K	1000K	1000K	1000K	1000K	-1000K	1000K	-1000K
Other Financing	-1.15M	-1.51M	0	0	0	0	0	0	-250K	0
Net Change in Cash+	25.99M	-37.41M	-18.7M	40.01M	-33.71M	-5.45M	34.42M	-16M	11.09M	1.92M
Exchange Rate Effect	952.32K	931.95K	-60.79K	50.49K	109K	67K	-332K	217K	48K	54K
Cash at Beginning	49.62M	75.61M	38.2M	19.51M	59.52M	25.81M	20.36M	54.77M	38.77M	49.86M
Cash at End	75.61M	38.2M	19.51M	59.52M	25.81M	20.36M	54.77M	38.77M	49.86M	51.78M
Interest Paid	0	0	0	0	0	0	0	0	0	0
Income Taxes Paid	0	0	0	0	0	0	0	0	0	0
Free Cash Flow+	157.71M	69.25M	66.94M	-81.12M	-129.6M	7.91M	-17.29M	222.94M	-172.4M	104.78M
FCF Growth %	51.28%	-0.56%	-0.03%	-2.21%	-0.6%	1.06%	-3.19%	13.89%	-1.77%	1.61%

Banking Ratios

Metric	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Return on Equity (ROE)	2.76%	9.57%	7.48%	2.63%	-2.88%	28.1%	-3.97%	-6.22%	9.81%	6.83%
Return on Assets (ROA)	1.44%	5.06%	4.04%	1.3%	-1.33%	13.83%	-1.89%	-2.73%	3.84%	2.39%
Net Interest Margin	8.35%	7.42%	6.76%	6%	5.67%	3.75%	4.44%	6.39%	5.09%	0%
Efficiency Ratio	0.45%	3.58%	2.92%	10.55%	4.9%	5.02%	11.34%	24.85%	4.56%	2.14%
Equity / Assets	51.93%	53.8%	54.21%	45.25%	47.18%	50.97%	44.34%	43.41%	35.56%	34.38%
Book Value / Share	8.98	9.1	8.9	8.59	7.84	9.85	8.98	7.7	7.57	7.11
NII Growth	-14.76%	-13.77%	-12.02%	-1.75%	-17.98%	-23.17%	20.76%	26.07%	-4.49%	-100%
Dividend Payout	428.64%	105.94%	106.83%	306.51%	-	19.31%	-	-	134.91%	-

Frequently Asked Questions

Valuation & Price

PennantPark Investment Corporation (PNNT) has a price-to-earnings (P/E) ratio of 12.4x. This may indicate the stock is undervalued or faces growth challenges.

Growth & Financials

PennantPark Investment Corporation (PNNT) saw revenue decline by 51.4% over the past year.

Yes, PennantPark Investment Corporation (PNNT) is profitable, generating $32.7M in net income for fiscal year 2025 (46.8% net margin).

Dividend & Returns

Yes, PennantPark Investment Corporation (PNNT) pays a dividend with a yield of 16.83%. This makes it attractive for income-focused investors.

PennantPark Investment Corporation (PNNT) has a return on equity (ROE) of 6.8%. This is below average, suggesting room for improvement.

Industry Metrics

PennantPark Investment Corporation (PNNT) has a net interest margin (NIM) of N/A. NIM has been under pressure due to interest rate environment.

PennantPark Investment Corporation (PNNT) has an efficiency ratio of 2.1%. This is excellent, indicating strong cost control.

US Stock Screener

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PennantPark Investment Corporation (PNNT) 10-Year Financial Performance & Capital Metrics

PNNT • • Banking & Credit

Financial ServicesAsset ManagementBusiness Development Companies (BDCs)Middle Market Lenders

Net Interest Income $0 -100.0%
Total Revenue $70M -51.4%
Net Income $33M -33.0%
Return on Equity 6.83% -30.3%
Net Interest Margin 0% -100.0%
Efficiency Ratio 2.14% -53.2%
ROA 2.39% -37.7%
Equity / Assets 34.38% -3.3%
Book Value per Share 7.11 -6.1%
Tangible BV/Share 7.11 -6.1%
Debt/Equity 0.32 -79.4%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Efficient operations: 2.1% efficiency ratio
✓Well capitalized: 34.4% equity/assets
✓Diversified revenue: 100.0% from non-interest income
✓Trading at only 0.9x book value

✗Weaknesses

✗Weak 3Y average ROE of 3.5%

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y-8.04%

5Y-6.94%

3Y-12.66%

TTM-

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM-33.01%

EPS CAGR

10Y-

5Y-

3Y-

TTM-72.54%

ROCE

10Y Avg4.4%

5Y Avg6.56%

3Y Avg6.67%

Latest6.22%

Peer Comparison

Middle Market Lenders

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
GSBDGoldman Sachs BDC, Inc.	1.08B	9.43	17.15	-57.7%	32.67%	9.15%	18.68%	1.23
CSWCCapital Southwest Corporation	1.36B	23.72	16.14	7.67%	43.07%	9.13%		1.08
HCXYHercules Capital, Inc.	2.36B	25.18	15.64	-9.71%	62.54%	14.13%		0.90
TRINITrinity Capital Inc. 7.875% Notes Due 2029	1.91B	25.41	12.10	29.68%	50.98%	15.22%	4.92%	1.08
HTGCHercules Capital, Inc.	3.45B	18.97	11.78	-12.79%	61.03%	14.17%		0.90
TSLXSixth Street Specialty Lending, Inc.	2.12B	22.40	11.03	-2.72%	51.86%	11.83%	8.85%	1.18
MAINMain Street Capital Corporation	5.75B	64.20	10.97	18.32%	70.11%	18.28%		0.76
GBDCGolub Capital BDC, Inc.	3.68B	13.95	9.82	80.52%	46.2%	9.4%

Profit & Loss

	Sep 2016	Sep 2017	Sep 2018	Sep 2019	Sep 2020	Sep 2021	Sep 2022	Sep 2023	Sep 2024	Sep 2025
Net Interest Income+	103.44M	89.2M	78.48M	77.1M	63.23M	48.58M	58.67M	73.97M	70.65M	0
NII Growth %	-0.15%	-0.14%	-0.12%	-0.02%	-0.18%	-0.23%	0.21%	0.26%	-0.04%	-1%
Net Interest Margin %	-	-	-	-	-	-	-	-	-	-
Interest Income	131.05M	115.85M	101.3M	108.21M	95.4M	71.09M	87.43M	113.38M	115.84M	0
Interest Expense	27.6M	26.64M	22.82M	31.11M	32.17M	22.51M	28.76M	39.41M	45.19M	67.97M
Loan Loss Provision	0	0	0	0	0	0	0	-39.41M	0	-67.97M
Non-Interest Income+	11.03M	8.69M	6.98M	3.9M	4.82M	10.5M	17.54M	31.99M	27.98M	69.94M
Non-Interest Income %	-	-	-	-	-	-	-	-	-	-
Total Revenue+	142.07M	124.53M	108.28M	112.11M	100.22M	81.59M	104.97M	145.37M	143.82M	69.94M
Revenue Growth %	-0.12%	-0.12%	-0.13%	0.04%	-0.11%	-0.19%	0.29%	0.38%	-0.01%	-0.51%
Non-Interest Expense	633.12K	4.46M	3.16M	11.83M	4.91M	4.09M	11.9M	36.13M	6.56M	1.49M
Efficiency Ratio	-	-	-	-	-	-	-	-	-	-
Operating Income+	21.09M	63.41M	47.71M	17.12M	-14.77M	167.22M	-16.86M	109.24M	51.95M	76.95M
Operating Margin %	-	-	-	-	-	-	-	-	-	-
Operating Income Growth %	3.06%	2.01%	-0.25%	-0.64%	-1.86%	12.32%	-1.1%	7.48%	-0.52%	0.48%
Pretax Income+	21.09M	63.41M	47.71M	17.12M	-14.77M	167.22M	-16.86M	-26.14M	51.95M	35.32M
Pretax Margin %	-	-	-	-	-	-	-	-	-	-
Income Tax+	2.35M	1.7M	0	1.2M	1.2M	600K	7.88M	7.67M	3.1M	2.59M
Effective Tax Rate %	-	-	-	-	-	-	-	-	-	-
Net Income+	18.74M	61.71M	47.71M	15.92M	-15.97M	166.62M	-24.74M	-33.81M	48.85M	32.73M
Net Margin %	-	-	-	-	-	-	-	-	-	-
Net Income Growth %	2.83%	2.29%	-0.23%	-0.67%	-2%	11.43%	-1.15%	-0.37%	2.44%	-0.33%
Net Income (Continuing)	18.74M	61.71M	47.71M	15.92M	-15.97M	166.62M	-24.74M	-33.81M	48.85M	32.73M
EPS (Diluted)+	0.26	0.87	0.68	0.24	-0.24	2.49	-0.38	-0.52	0.75	0.50
EPS Growth %	2.86%	2.35%	-0.22%	-0.65%	-2%	11.38%	-1.15%	-0.37%	2.44%	-0.33%
EPS (Basic)	0.26	0.87	0.68	0.24	-0.24	2.49	-0.38	-0.52	0.75	0.50
Diluted Shares Outstanding	71.62M	71.06M	70.69M	67.71M	67.05M	67.05M	65.22M	65.22M	65.25M	65.3M

Balance Sheet

	Sep 2016	Sep 2017	Sep 2018	Sep 2019	Sep 2020	Sep 2021	Sep 2022	Sep 2023	Sep 2024	Sep 2025
Cash & Short Term Investments+	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Cash & Due from Banks	75.61M	38.2M	19.51M	59.52M	25.81M	20.36M	54.77M	38.77M	49.86M	51.78M
Short Term Investments	0	0	0	0	0	0	0	0	0	0
Total Investments+	125.02M	114.55M	148.74M	233.45M	318.34M	0	0	1.1B	0	1.29B
Investments Growth %	0.17%	-0.08%	0.3%	0.57%	0.36%	-1%	-	-	-1%	-
Long-Term Investments	125.02M	114.55M	148.74M	233.45M	318.34M	0	0	1.1B	0	0
Accounts Receivables	1000K	1000K	1000K	1000K	1000K	1000K	1000K	0	1000K	0
Goodwill & Intangibles+	-	-	-	-	-	-	-	-	-	-
Goodwill	0	0	0	0	0	0	0	0	0	0
Intangible Assets	0	0	0	0	0	0	0	0	0	0
PP&E (Net)	0	0	0	0	0	0	0	0	0	0
Other Assets	1.03B	1.04B	983.35M	985.98M	763.43M	1.26B	1.23B	0	1.33B	0
Total Current Assets	85.26M	48.62M	28.03M	66.41M	32.58M	39.8M	94.32M	55.33M	61.04M	57.04M
Total Non-Current Assets	1.15B	1.15B	1.13B	1.22B	1.08B	1.26B	1.23B	1.1B	1.33B	0
Total Assets+	1.24B	1.2B	1.16B	1.29B	1.11B	1.3B	1.32B	1.16B	1.39B	1.35B
Asset Growth %	-0.09%	-0.03%	-0.04%	0.11%	-0.13%	0.16%	0.02%	-0.12%	0.2%	-0.03%
Return on Assets (ROA)	0.01%	0.05%	0.04%	0.01%	-0.01%	0.14%	-0.02%	-0.03%	0.04%	0.02%
Accounts Payable	27.42M	20.68M	19.01M	14.96M	15.53M	21.39M	22.69M	95.38M	115.78M	0
Total Debt+	559.59M	526.07M	504.34M	683.76M	568.31M	607.34M	704.51M	516.84M	772.01M	149.47M
Net Debt	483.98M	487.86M	484.84M	624.24M	542.51M	586.98M	649.74M	478.06M	722.15M	97.69M
Long-Term Debt	559.59M	526.07M	504.34M	683.76M	568.31M	607.34M	704.51M	516.84M	772.01M	738.88M
Short-Term Debt	0	0	0	0	0	0	0	0	0	149.47M
Other Liabilities	8.56M	8.64M	7.87M	5.21M	4.8M	6.21M	7.85M	0	7.39M	736.13M
Total Current Liabilities	27.42M	20.68M	19.01M	14.96M	15.53M	21.39M	22.69M	106.7M	115.78M	149.47M
Total Non-Current Liabilities	568.15M	534.71M	512.21M	688.97M	573.11M	613.55M	712.37M	516.84M	779.4M	736.13M
Total Liabilities	595.57M	555.39M	531.22M	703.93M	588.64M	634.95M	735.05M	654.79M	895.18M	885.6M
Total Equity+	643.37M	646.81M	628.9M	581.91M	525.71M	660.14M	585.57M	502.19M	493.91M	463.95M
Equity Growth %	-0.1%	0.01%	-0.03%	-0.07%	-0.1%	0.26%	-0.11%	-0.14%	-0.02%	-0.06%
Equity / Assets (Capital Ratio)	-	-	-	-	-	-	-	-	-	-
Return on Equity (ROE)	0.03%	0.1%	0.07%	0.03%	-0.03%	0.28%	-0.04%	-0.06%	0.1%	0.07%
Book Value per Share	8.98	9.10	8.90	8.59	7.84	9.85	8.98	7.70	7.57	7.11
Tangible BV per Share	-	-	-	-	-	-	-	-	-	-
Common Stock	71.06K	71.06K	69.05K	67.05K	67.05K	67K	65K	65K	65K	65K
Additional Paid-in Capital	819.98M	818.74M	803.73M	788.19M	787.63M	786.99M	748.17M	746.47M	743.97M	740.51M
Retained Earnings	3.12M	3.33M	-174.9M	-206.35M	-261.98M	-126.92M	-162.67M	-244.34M	-250.13M	-276.62M
Accumulated OCI	0	0	0	0	0	0	0	0	0	0
Treasury Stock	0	0	0	0	0	0	0	0	0	0
Preferred Stock	0	0	0	0	0	0	0	0	0	0

Cash Flow

	Sep 2016	Sep 2017	Sep 2018	Sep 2019	Sep 2020	Sep 2021	Sep 2022	Sep 2023	Sep 2024	Sep 2025
Cash from Operations+	157.71M	69.25M	66.94M	-81.12M	-129.6M	7.91M	-17.29M	222.94M	-172.4M	66.12M
Operating CF Growth %	51.28%	-0.56%	-0.03%	-2.21%	-0.6%	1.06%	-3.19%	13.89%	-1.77%	1.38%
Net Income	18.74M	61.71M	47.71M	15.92M	-15.97M	166.62M	-24.74M	-33.81M	48.85M	0
Depreciation & Amortization	0	0	0	0	0	0	0	0	0	-42.63M
Deferred Taxes	0	0	0	0	0	0	0	0	0	0
Other Non-Cash Items	141.32M	7.86M	19.42M	-92.35M	-117.2M	-153.31M	26.71M	129.94M	-219.52M	79.29M
Working Capital Changes	-2.35M	-322.02K	-194.7K	-4.7M	3.57M	-5.39M	-19.26M	126.8M	-1.73M	29.46M
Cash from Investing+	0	0	0	0	0	0	0	0	0	38.66M
Purchase of Investments	0	0	0	0	0	0	0	0	0	-1.19B
Sale/Maturity of Investments	0	0	0	0	0	0	0	0	0	1000K
Net Investment Activity	-	-	-	-	-	-	-	-	-	-
Acquisitions	0	0	0	0	0	0	0	0	0	0
Other Investing	0	0	0	0	0	0	0	0	0	-26.25M
Cash from Financing+	-132.67M	-107.59M	-85.58M	121.08M	95.78M	-13.42M	52.04M	-239.16M	183.43M	-102.91M
Dividends Paid	-80.31M	-65.38M	-50.97M	-48.81M	-44.25M	-32.18M	-34.85M	-45.66M	-65.9M	-67.91M
Share Repurchases	-12.18M	0	-15.01M	-14.47M	0	0	-13.25M	0	0	0
Stock Issued	0	0	0	0	0	0	0	0	552K	0
Net Stock Activity	-	-	-	-	-	-	-	-	-	-
Debt Issuance (Net)	-1000K	-1000K	-1000K	1000K	1000K	1000K	1000K	-1000K	1000K	-1000K
Other Financing	-1.15M	-1.51M	0	0	0	0	0	0	-250K	0
Net Change in Cash+	25.99M	-37.41M	-18.7M	40.01M	-33.71M	-5.45M	34.42M	-16M	11.09M	1.92M
Exchange Rate Effect	952.32K	931.95K	-60.79K	50.49K	109K	67K	-332K	217K	48K	54K
Cash at Beginning	49.62M	75.61M	38.2M	19.51M	59.52M	25.81M	20.36M	54.77M	38.77M	49.86M
Cash at End	75.61M	38.2M	19.51M	59.52M	25.81M	20.36M	54.77M	38.77M	49.86M	51.78M
Interest Paid	0	0	0	0	0	0	0	0	0	0
Income Taxes Paid	0	0	0	0	0	0	0	0	0	0
Free Cash Flow+	157.71M	69.25M	66.94M	-81.12M	-129.6M	7.91M	-17.29M	222.94M	-172.4M	104.78M
FCF Growth %	51.28%	-0.56%	-0.03%	-2.21%	-0.6%	1.06%	-3.19%	13.89%	-1.77%	1.61%

Banking Ratios

Metric	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Return on Equity (ROE)	2.76%	9.57%	7.48%	2.63%	-2.88%	28.1%	-3.97%	-6.22%	9.81%	6.83%
Return on Assets (ROA)	1.44%	5.06%	4.04%	1.3%	-1.33%	13.83%	-1.89%	-2.73%	3.84%	2.39%
Net Interest Margin	8.35%	7.42%	6.76%	6%	5.67%	3.75%	4.44%	6.39%	5.09%	0%
Efficiency Ratio	0.45%	3.58%	2.92%	10.55%	4.9%	5.02%	11.34%	24.85%	4.56%	2.14%
Equity / Assets	51.93%	53.8%	54.21%	45.25%	47.18%	50.97%	44.34%	43.41%	35.56%	34.38%
Book Value / Share	8.98	9.1	8.9	8.59	7.84	9.85	8.98	7.7	7.57	7.11
NII Growth	-14.76%	-13.77%	-12.02%	-1.75%	-17.98%	-23.17%	20.76%	26.07%	-4.49%	-100%
Dividend Payout	428.64%	105.94%	106.83%	306.51%	-	19.31%	-	-	134.91%	-

Frequently Asked Questions

Valuation & Price

PennantPark Investment Corporation (PNNT) has a price-to-earnings (P/E) ratio of 12.4x. This may indicate the stock is undervalued or faces growth challenges.

Growth & Financials

PennantPark Investment Corporation (PNNT) saw revenue decline by 51.4% over the past year.

Yes, PennantPark Investment Corporation (PNNT) is profitable, generating $32.7M in net income for fiscal year 2025 (46.8% net margin).

Dividend & Returns

Yes, PennantPark Investment Corporation (PNNT) pays a dividend with a yield of 16.83%. This makes it attractive for income-focused investors.

PennantPark Investment Corporation (PNNT) has a return on equity (ROE) of 6.8%. This is below average, suggesting room for improvement.

Industry Metrics

PennantPark Investment Corporation (PNNT) has a net interest margin (NIM) of N/A. NIM has been under pressure due to interest rate environment.

PennantPark Investment Corporation (PNNT) has an efficiency ratio of 2.1%. This is excellent, indicating strong cost control.