Latest Ratios: P/E Ratio 29.3x · EV/EBITDA 30.2x · ROE -14.0%. (2014–2025 historical series)
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $2.4B | $3.2B | $2.2B | $1.6B | $1.0B | $873M | — | — | — | — | — |
| Enterprise Value | $2.6B | $3.5B | $2.4B | $1.7B | $1.1B | $1.0B | — | — | — | — | — |
| P/E Ratio → | 29.27 | — | 27.31 | 13.81 | — | 6.63 | — | — | — | — | — |
| P/S Ratio | 20.27 | 27.42 | 18.92 | 11.84 | — | 5.62 | — | — | — | — | — |
| P/B Ratio | 2.51 | 3.24 | 2.34 | 2.19 | 2.09 | 1.66 | — | — | — | — | — |
| P/FCF | 22.70 | 29.50 | 21.18 | 18.95 | — | 20.48 | — | — | — | — | — |
| P/OCF | 22.70 | 29.50 | 21.18 | 18.95 | — | 20.48 | — | — | — | — | — |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 30.36 | 20.90 | 12.66 | — | 6.44 | — | — | — | — | — |
| EV / EBITDA | 30.18 | — | 28.35 | 14.53 | — | 7.59 | — | — | — | — | — |
| EV / EBIT | 30.18 | — | 28.35 | 14.53 | — | 7.59 | — | — | — | — | — |
| EV / FCF | — | 32.66 | 23.40 | 20.25 | — | 23.46 | — | — | — | — | — |
Margins and return-on-capital ratios measuring operating efficiency
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 59.1% | 59.1% | 84.2% | 90.0% | 118.0% | 90.7% | 85.9% | -66.4% | 142.5% | 73.1% | 76.4% |
| Operating Margin | -75.3% | -75.3% | 73.7% | 87.1% | 129.5% | 84.9% | 81.7% | -107.5% | 157.6% | 64.8% | 70.1% |
| Net Profit Margin | -115.8% | -115.8% | 69.3% | 87.1% | 129.5% | 84.9% | 81.7% | -107.5% | 157.6% | 64.8% | 157.5% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | -14.0% | -14.0% | 9.6% | 19.2% | -19.9% | 29.7% | 18.3% | -2.9% | -18.2% | 7.1% | 24.0% |
| ROA | -9.3% | -9.3% | 6.5% | 13.9% | -13.3% | 20.6% | 12.3% | -1.8% | -11.1% | 6.5% | 25.4% |
| ROIC | -5.1% | -5.1% | 6.1% | 11.5% | -11.6% | 17.6% | 10.7% | -1.7% | -10.5% | 4.2% | 6.3% |
| ROCE | -6.2% | -6.2% | 7.1% | 14.1% | -13.7% | 21.0% | 12.5% | -1.8% | -11.1% | 6.7% | 11.7% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.40 | 0.40 | 0.29 | 0.21 | 0.30 | 0.27 | 0.26 | 0.33 | 0.33 | 0.28 | 0.26 |
| Debt / EBITDA | — | — | 3.18 | 1.33 | — | 1.07 | 1.52 | — | — | 2.85 | 19.99 |
| Net Debt / Equity | — | 0.35 | 0.25 | 0.15 | 0.19 | 0.24 | 0.24 | 0.22 | 0.33 | 0.24 | 0.21 |
| Net Debt / EBITDA | — | — | 2.69 | 0.94 | — | 0.96 | 1.45 | — | — | 2.40 | 16.38 |
| Debt / FCF | — | 3.16 | 2.22 | 1.31 | — | 2.97 | 72.09 | 2.48 | — | — | 3.42 |
| Interest Coverage | -3.16 | -3.16 | 4.66 | 8.71 | -7.21 | 9.11 | 5.80 | -0.65 | -3.71 | 2.41 | — |
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 4.84 | 4.84 | 2.22 | 99.27 | 3.39 | 2.01 | 4.56 | — | — | 2.05 | 2.50 |
| Quick Ratio | 4.84 | 4.84 | 2.22 | 99.27 | 3.39 | 2.01 | 4.56 | — | — | 2.05 | 2.50 |
| Cash Ratio | 2.37 | 2.37 | 0.96 | 55.53 | 2.07 | 0.75 | 0.75 | — | — | 0.87 | 1.74 |
| Asset Turnover | — | 0.08 | 0.08 | 0.14 | -0.10 | 0.20 | 0.15 | 0.02 | -0.07 | 0.09 | 0.13 |
| Inventory Turnover | — | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | — | — | — | — | — | — | — | — | — | — |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 7.0% | — | — | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | 66.2% | — | — | 184.0% | 38.3% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 3.4% | — | 3.7% | 7.2% | — | 15.1% | — | — | — | — | — |
| FCF Yield | 4.4% | 3.4% | 4.7% | 5.3% | — | 4.9% | — | — | — | — | — |
| Buyback Yield | 0.0% | — | — | — | — | — | — | — | — | — | — |
| Total Shareholder Yield | 7.0% | — | — | — | — | — | — | — | — | — | — |
| Shares Outstanding | — | $128M | $93M | $67M | $47M | $33M | $32M | $29M | $24M | $18M | $16M |
CLO equity valuation volatility
According to current market data, ECCW trades at a P/B ratio of 2.51, which appears to reflect significant investor skepticism regarding the underlying asset quality when compared to the broader financial services sector and the fund's own historical valuation ranges.
The elevated P/B ratio relative to peers suggests that the market may be pricing in a substantial discount to the reported Net Asset Value, likely due to concerns over the sustainability of cash distributions. Investors should monitor whether this valuation gap narrows as the fund demonstrates its ability to maintain cash flow through credit cycles.
Based on reported financial statements, ECCW's ROIC has shown significant instability, recently falling to -5.1% in 2025Q4, which suggests that the fund is currently struggling to generate positive returns on its invested capital amidst a challenging credit environment.
The decay in ROIC appears to be driven by the combination of mark-to-market portfolio adjustments and the high cost of external capital. This trend warrants further investigation into whether the current investment strategy can effectively compound capital over the long term or if it is merely recycling cash to support dividends.
As indicated by recent quarterly filings, the company's asset turnover has remained consistently low, often hovering near 0.04, which highlights the inherent difficulty in measuring operational efficiency for a vehicle primarily focused on passive CLO equity income generation.
The lack of meaningful asset turnover improvement suggests that the fund's growth is not driven by operational velocity but rather by the accumulation of financial assets. Investors should be cautious, as this metric provides little insight into the underlying health of the collateral managers' loan portfolios.
Based on the company's reported figures, the interest coverage ratio has experienced extreme volatility, reaching -14.12 in 2025Q4, which indicates that the fund's ability to service its debt obligations is highly sensitive to the performance of its underlying CLO equity tranches.
While the debt-to-equity ratio of 0.40 appears manageable on the surface, the negative interest coverage suggests that the fund may be relying on non-operating cash flows to meet its obligations. This reliance on external financing to cover debt service warrants close monitoring by institutional stakeholders.
As noted in recent research, the market frequently misapplies dividend yield as a primary valuation metric for ECCW, which obscures the reality that distributions may be funded by capital erosion rather than sustainable net investment income generated by the underlying CLO portfolio.
Investors should instead focus on the 'excess spread' and the performance of overcollateralization tests, as these metrics provide a more accurate picture of the fund's long-term earning power. Relying on yield alone ignores the structural risks inherent in the CLO equity asset class.
Includes 30+ ratios · 12 years · Updated daily
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Quick answers to the most common questions about buying ECCW stock.
Eagle Point Credit Company Inc.'s current P/E ratio is 29.3x. The historical average is 15.9x. This places it at the 100th percentile of its historical range.
Eagle Point Credit Company Inc.'s current EV/EBITDA is 30.2x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 16.8x.
Eagle Point Credit Company Inc.'s return on equity (ROE) is -14.0%. The historical average is 3.2%.
Based on historical data, Eagle Point Credit Company Inc. is trading at a P/E of 29.3x. This is at the 100th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
Eagle Point Credit Company Inc.'s current dividend yield is 6.97%.
Eagle Point Credit Company Inc. has 59.1% gross margin and -75.3% operating margin.