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PNNTPennantPark Investment Corporation
$3.44$225M
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PNNT logoPennantPark Investment Corporation(PNNT)Earnings, Financials & Key Ratios

PNNT•NYSE•Banking & Credit
6.9× P/E·Price updated Jun 19, 2026
SectorFinancial ServicesIndustryAsset ManagementSub-IndustryPrivate credit and BDC 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$57M-19.5%
  • Total Revenue$83M-19.9%
  • Net Income$33M-33.0%
  • Return on Equity6.83%-30.3%
  • Net Interest Margin4.21%-17.2%
  • Efficiency Ratio7.79%+23.1%
  • ROA2.39%-37.7%
  • Equity / Assets34.38%-3.3%
  • Book Value per Share7.11-6.1%

PNNT Key Insights

PennantPark Investment Corporation (PNNT) fundamental analysis — strengths, weaknesses & financial health based on data analysis

✓Strengths

  • ✓Strong NIM of 4.2%
  • ✓Efficient operations: 7.8% efficiency ratio
  • ✓Well capitalized: 34.4% equity/assets
  • ✓Trading at only 0.5x book value

✗Weaknesses

  • ✗Weak 3Y average ROE of 3.5%
  • ✗Weak momentum: RS Rating 12 (bottom 12%)
  • ✗Dividend payout exceeds 100% of earnings
  • ✗Trading more than 30% below 52-week high

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

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PNNT Price & Volume

PennantPark Investment Corporation (PNNT) stock price & volume — 10-year historical chart

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PNNT Growth Metrics

PennantPark Investment Corporation (PNNT) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years14.28%
5 Years30.08%
3 Years51.7%
TTM-

Profit CAGR

10 Years-
5 Years-
3 Years-
TTM-71.02%

EPS CAGR

10 Years-
5 Years-
3 Years-
TTM-71.2%

Return on Capital

10 Years2.91%
5 Years3.58%
3 Years1.7%
Last Year2.85%

PNNT Recent Earnings

PennantPark Investment Corporation (PNNT) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 4/12 qtrs (33%)●Beat Revenue 5/12 qtrs (42%)
Q2 2026Latest
May 7, 2026
Metric
Actual
Est
EPS
$0.14+0.0%
$0.14
Rev
$25M-6.9%
$27M
Q1 2026
Feb 9, 2026
Metric
Actual
Est
EPS
$0.11-31.3%
$0.16
Rev
$27M-4.2%
$28M
Q4 2025
Nov 24, 2025
Metric
Actual
Est
EPS
$0.15-13.4%
$0.17
Rev
$28M-4.5%
$29M
Q3 2025
Aug 11, 2025
Metric
Actual
Est
EPS
$0.18-1.4%
$0.18
Rev
$30M-1.8%
$30M
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestMay 7, 2026
$0.14vs $0.14+0.0%
$25Mvs $27M-6.9%
Q1 2026Feb 9, 2026
$0.11vs $0.16-31.3%
$27Mvs $28M-4.2%
Q4 2025Nov 24, 2025
$0.15vs $0.17-13.4%
$28Mvs $29M-4.5%
Q3 2025Aug 11, 2025
$0.18vs $0.18-1.4%
$30Mvs $30M-1.8%
Based on last 12 quarters of dataView full earnings history →

PNNT Peer Comparison

PennantPark Investment Corporation (PNNT) competitors in Private credit and BDC lenders — business model, growth, and fundamentals comparison

Select Columns
Stock Universe
Valuation
Growth
Profitability
Financial Health
Dividends & Buybacks
Price Performance
Technical
Fundamentals ($)
Sector-Specific
Institutional Holdings
CompanyMarket CapStock PriceP/E Ratio (TTM)Revenue Growth 1YNet MarginReturn on Equity (ROE)FCF YieldDebt / Equity
ARCC logoARCCAres Capital CorporationDirect Competitor12.95B18.039.6932.87%43.69%8.11%1.12
FSCO logoFSCOFS Credit Opportunities Corp.Direct Competitor997.19M4.936.49-18.64%10.48%0.20
GBDC logoGBDCGolub Capital BDC, Inc.Direct Competitor3.22B12.358.7042.5%26.91%5.24%1.23
TPVG logoTPVGTriplePoint Venture Growth BDC Corp.Direct Competitor202.99M5.004.1036.55%-19.55%-3.39%1.33
PFLT logoPFLTPennantPark Floating Rate Capital Ltd.Direct Competitor742.15M7.4810.392.2%34.83%5.84%1.65
SLRC logoSLRCSLR Investment Corp.Direct Competitor677.57M12.427.3124.76%39.78%7.31%1.15
CGBD logoCGBDCarlyle Secured Lending, Inc.Direct Competitor760.99M10.9510.8417.9%23.81%4.42%1.31
BBDC logoBBDCBarings BDC, Inc.Product Competitor868.02M8.298.5519%40.84%7.67%1.23

Compare PNNT vs Peers

PennantPark Investment Corporation (PNNT) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs ARCC

Most directly comparable listed peer for PNNT.

Scale Benchmark

vs BX

Larger-name benchmark to compare PNNT against a more recognizable public peer.

Peer Set

Compare Top 5

vs ARCC, FSCO, GBDC, TPVG

PNNT Income Statement

PennantPark Investment Corporation (PNNT) annual income statement — 10-year revenue, gross profit & net income history

10Y historyFree accessUpdated daily
MetricSep'17Sep'18Sep'19Sep'20Sep'21Sep'22Sep'23Sep'24Sep'25TTM
Net Interest Income
89.2M78.48M77.1M63.23M48.58M58.67M73.97M70.65M56.85M56.89M
NII Growth %
-13.77%-12.02%-1.75%-17.98%-23.17%20.76%26.07%-4.49%-19.53%-45.46%
Net Interest Margin %
7.42%6.76%6%5.67%3.75%4.44%6.39%5.09%4.21%0%
Interest Income
115.85M101.3M108.21M95.4M71.09M87.43M113.38M115.84M98.17M94.75M
Interest Expense
26.64M22.82M31.11M32.17M22.51M28.76M39.41M45.19M41.31M37.86M
Loan Loss Provision
0000000001.82M
Non-Interest Income
-21.33M-27.6M-48.14M-73.09M122.73M-63.63M-94.13M-12.14M-15.09M-12.48M
Non-Interest Income %
-22.57%-37.45%-80.16%-327.64%63.32%-267.35%-489.24%-11.71%-18.16%-15.16%
Total Revenue
94.51M▲ 0%
73.7M▼ 22.0%
60.06M▼ 18.5%
22.31M▼ 62.9%
193.82M▲ 768.8%
23.8M▼ 87.7%
19.24M▼ 19.2%
103.7M▲ 438.9%
83.08M▼ 19.9%
82.28M▲ 0%
Revenue Growth %
91.63%-22.02%-18.5%-62.86%768.79%-87.72%-19.16%438.94%-19.88%-54.48%
Non-Interest Expense
4.46M3.16M11.83M4.91M4.09M11.9M5.97M6.56M6.47M20.27M
Efficiency Ratio
4.72%4.29%19.7%22.01%2.11%50%31.02%6.33%7.79%24.63%
Operating Income
63.41M▲ 0%
47.71M▼ 24.8%
17.12M▼ 64.1%
-14.77M▼ 186.2%
167.22M▲ 1232.1%
-16.86M▼ 110.1%
-26.14M▼ 55.0%
51.95M▲ 298.8%
35.29M▼ 32.1%
22.33M▲ 0%
Operating Margin %
67.09%64.74%28.51%-66.21%86.27%-70.84%-135.83%50.09%42.48%27.14%
Operating Income Growth %
200.72%-24.76%-64.11%-186.25%1232.14%-110.08%-55.01%298.76%-32.07%-
Pretax Income
63.41M▲ 0%
47.71M▼ 24.8%
17.12M▼ 64.1%
-14.77M▼ 186.2%
167.22M▲ 1232.1%
-16.86M▼ 110.1%
-26.14M▼ 55.0%
51.95M▲ 298.8%
35.29M▼ 32.1%
16.2M▲ 0%
Pretax Margin %
67.09%64.74%28.51%-66.21%86.27%-70.84%-135.83%50.09%42.48%19.69%
Income Tax
1.7M01.2M1.2M600K7.88M7.67M3.1M2.56M2.39M
Effective Tax Rate %
2.68%0%7.01%-8.12%0.36%-46.73%-29.35%5.96%7.27%14.74%
Net Income
61.71M▲ 0%
47.71M▼ 22.7%
15.92M▼ 66.6%
-15.97M▼ 200.3%
166.62M▲ 1143.3%
-24.74M▼ 114.8%
-33.81M▼ 36.6%
48.85M▲ 244.5%
32.73M▼ 33.0%
13.81M▲ 0%
Net Margin %
65.3%64.74%26.51%-71.59%85.97%-103.95%-175.7%47.11%39.39%16.79%
Net Income Growth %
229.36%-22.68%-66.62%-200.28%1143.31%-114.85%-36.65%244.5%-33.01%-71.02%
Net Income (Continuing)
61.71M47.71M15.92M-15.97M166.62M-24.74M-33.81M48.85M32.73M13.81M
EPS (Diluted)
0.87▲ 0%
0.68▼ 21.8%
0.24▼ 64.7%
-0.24▼ 200.0%
2.49▲ 1137.5%
-0.38▼ 115.3%
-0.52▼ 36.8%
0.75▲ 244.2%
0.50▼ 33.3%
0.22▲ 0%
EPS Growth %
234.62%-21.84%-64.71%-200%1137.5%-115.26%-36.84%244.23%-33.33%-71.2%
EPS (Basic)
0.870.680.24-0.242.49-0.38-0.520.750.50-
Diluted Shares Outstanding
71.06M70.69M67.71M67.05M67.05M65.22M65.22M65.25M65.3M63.96M

PNNT Balance Sheet

PennantPark Investment Corporation (PNNT) balance sheet — assets, liabilities & shareholders' equity

MetricSep'17Sep'18Sep'19Sep'20Sep'21Sep'22Sep'23Sep'24Sep'25TTM
Cash & Short Term Investments
38.2M19.51M59.52M25.81M20.36M54.77M38.77M49.86M51.78M15.24B
Cash & Due from Banks
38.2M19.51M59.52M25.81M20.36M54.77M38.77M49.86M51.78M45.86M
Short Term Investments
0000000000
Total Investments
114.55M148.74M233.45M318.34M1.26B1.23B1.1B1.33B1.29B1.2B
Investments Growth %
-8.37%29.84%56.96%36.36%294.32%-2.31%-10.17%20.55%-3.07%-300.83%
Long-Term Investments
114.55M148.74M233.45M318.34M1.26B1.23B1.1B1.33B1.29B1.2B
Accounts Receivables
5.91M7.61M6.23M6.4M19.45M35.51M11.9M10.91M10.12M4.66B
Goodwill & Intangibles
0000000000
Goodwill
0000000000
Intangible Assets
0000000000
PP&E (Net)
0000000000
Other Assets
1.04B983.35M985.98M763.43M0000375K356K
Total Current Assets
48.62M28.03M66.41M32.58M39.8M94.32M55.33M61.04M57.04M19.73B
Total Non-Current Assets
1.15B1.13B1.22B1.08B1.26B1.23B1.1B1.33B1.29B1.2B
Total Assets
1.2B▲ 0%
1.16B▼ 3.5%
1.29B▲ 10.8%
1.11B▼ 13.3%
1.3B▲ 16.2%
1.32B▲ 2.0%
1.16B▼ 12.4%
1.39B▲ 20.1%
1.35B▼ 2.8%
1.26T▲ 0%
Asset Growth %
-2.97%-3.5%10.84%-13.34%16.22%1.97%-12.39%20.06%-2.85%99905.35%
Return on Assets (ROA)
5.06%4.04%1.3%-1.33%13.83%-1.89%-2.73%3.84%2.39%0%
Accounts Payable
20.68M19.01M14.96M15.53M21.39M22.69M95.38M115.78M140.63M0
Total Debt
526.07M504.34M683.76M568.31M607.34M704.51M516.84M772.01M738.88M609.31M
Net Debt
487.86M484.84M624.24M542.51M586.98M649.74M478.06M722.15M687.1M563.45M
Long-Term Debt
526.07M504.34M683.76M568.31M607.34M704.51M516.84M772.01M738.88M587.24M
Short-Term Debt
000000000223.4B
Other Liabilities
8.64M7.87M5.21M4.8M6.21M7.85M07.39M0595.43B
Total Current Liabilities
20.68M19.01M14.96M15.53M21.39M22.69M106.7M115.78M146.72M223.4B
Total Non-Current Liabilities
534.71M512.21M688.97M573.11M613.55M712.37M516.84M779.4M738.88M595.43B
Total Liabilities
555.39M531.22M703.93M588.64M634.95M735.05M654.79M895.18M885.6M818.83B
Total Equity
646.81M▲ 0%
628.9M▼ 2.8%
581.91M▼ 7.5%
525.71M▼ 9.7%
660.14M▲ 25.6%
585.57M▼ 11.3%
502.19M▼ 14.2%
493.91M▼ 1.6%
463.95M▼ 6.1%
439.23B▲ 0%
Equity Growth %
0.53%-2.77%-7.47%-9.66%25.57%-11.3%-14.24%-1.65%-6.07%89871.69%
Equity / Assets (Capital Ratio)
53.8%54.21%45.25%47.18%50.97%44.34%43.41%35.56%34.38%34.91%
Return on Equity (ROE)
9.57%7.48%2.63%-2.88%28.1%-3.97%-6.22%9.81%6.83%0.01%
Book Value per Share
9.108.908.597.849.858.987.707.577.116866.86
Tangible BV per Share
9.108.908.597.849.858.987.707.577.116866.86
Common Stock
71.06K69.05K67.05K67.05K67K65K65K65K65K65M
Additional Paid-in Capital
818.74M803.73M788.19M787.63M786.99M748.17M746.47M743.97M740.51M740.51M
Retained Earnings
3.33M-174.9M-206.35M-261.98M-126.92M-162.67M-244.34M-250.13M-276.62M-301.34B
Accumulated OCI
0000000000
Treasury Stock
0000000000
Preferred Stock
0000000000

PNNT Cash Flow Statement

PennantPark Investment Corporation (PNNT) cash flow — operating, investing & free cash flow history

MetricSep'17Sep'18Sep'19Sep'20Sep'21Sep'22Sep'23Sep'24Sep'25TTM
Cash from Operations
69.25M66.94M-81.12M-129.6M7.91M-17.29M222.94M-172.4M66.12M161.13M
Operating CF Growth %
-56.09%-3.33%-221.19%-59.75%106.1%-318.68%1389.2%-177.33%138.35%1024.65%
Net Income
61.71M47.71M15.92M-15.97M166.62M-24.74M-33.81M48.85M013.81M
Depreciation & Amortization
00000000-42.63M56.91M
Deferred Taxes
0000000000
Other Non-Cash Items
7.86M19.42M-92.35M-117.2M-153.31M26.71M129.94M-219.52M79.29M11.67M
Working Capital Changes
-322.02K-194.7K-4.7M3.57M-5.39M-19.26M126.8M-1.73M29.46M87.7M
Cash from Investing
0000000038.66M-46.53M
Purchase of Investments
0000-441.36M-933.78M-375.18M-1.04B-1.19B-1.17B
Sale/Maturity of Investments
0000434.47M911.64M418.63M824.55M1.26B1.16B
Net Investment Activity
0000-6.89M-22.14M43.45M-219.06M64.91M-2.16M
Acquisitions
0000000000
Other Investing
00006.89M22.14M-43.45M219.06M-26.25M-44.38M
Cash from Financing
-107.59M-85.58M121.08M95.78M-13.42M52.04M-239.16M183.43M-102.91M-102.3M
Dividends Paid
-65.38M-50.97M-48.81M-44.25M-32.18M-34.85M-45.66M-65.9M-67.91M-62.68M
Share Repurchases
0-15.01M-14.47M00-13.25M0000
Stock Issued
0000000552K00
Net Stock Activity
0-15.01M-14.47M00-13.25M0552K00
Debt Issuance (Net)
-1000K-1000K1000K1000K1000K1000K-1000K1000K-1000K0
Other Financing
-1.51M000000-250K00
Net Change in Cash
-37.41M▲ 0%
-18.7M▲ 50.0%
40.01M▲ 314.0%
-33.71M▼ 184.3%
-5.45M▲ 83.8%
34.42M▲ 731.6%
-16M▼ 146.5%
11.09M▲ 169.3%
1.92M▼ 82.7%
12.22M▲ 0%
Exchange Rate Effect
931.95K-60.79K50.49K109K67K-332K217K48K54K-73K
Cash at Beginning
75.61M38.2M19.51M59.52M25.81M20.36M54.77M38.77M49.86M45.86M
Cash at End
38.2M19.51M59.52M25.81M20.36M54.77M38.77M49.86M51.78M44.81M
Interest Paid
0000000000
Income Taxes Paid
0000000000
Free Cash Flow
69.25M▲ 0%
66.94M▼ 3.3%
-81.12M▼ 221.2%
-129.6M▼ 59.8%
7.91M▲ 106.1%
-17.29M▼ 318.7%
222.94M▲ 1389.2%
-172.4M▼ 177.3%
66.12M▲ 138.4%
161.13M▲ 0%
FCF Growth %
-56.09%-3.33%-221.19%-59.75%106.1%-318.68%1389.2%-177.33%138.35%15.44%

PNNT Banking Ratios

PennantPark Investment Corporation (PNNT) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios

Metric201720182019202020212022202320242025TTM
Return on Equity (ROE)
9.57%7.48%2.63%-2.88%28.1%-3.97%-6.22%9.81%6.83%0.01%
Return on Assets (ROA)
5.06%4.04%1.3%-1.33%13.83%-1.89%-2.73%3.84%2.39%0%
Net Interest Margin
7.42%6.76%6%5.67%3.75%4.44%6.39%5.09%4.21%0%
Efficiency Ratio
4.72%4.29%19.7%22.01%2.11%50%31.02%6.33%7.79%24.63%
Equity / Assets
53.8%54.21%45.25%47.18%50.97%44.34%43.41%35.56%34.38%34.91%
Book Value / Share
9.18.98.597.849.858.987.77.577.116.87K
NII Growth
-13.77%-12.02%-1.75%-17.98%-23.17%20.76%26.07%-4.49%-19.53%-12.87%
Dividend Payout
105.94%106.83%306.51%-19.31%--134.91%207.5%340.38%
Related:PNNT Dividend History·PNNT Revenue History·PNNT Price History·PNNT P/E History·PNNT Financial Ratios·PNNT Institutional Holders

PNNT SEC Filings & Documents

PennantPark Investment Corporation (PNNT) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

May 7, 2026·SEC

Material company update

May 4, 2026·SEC

Material company update

Apr 6, 2026·SEC

10-K Annual Reports

2
FY 2025

Nov 24, 2025·SEC

FY 2024

Nov 26, 2024·SEC

10-Q Quarterly Reports

5
FY 2026

May 7, 2026·SEC

FY 2026

Feb 9, 2026·SEC

FY 2025

Aug 11, 2025·SEC

PNNT Frequently Asked Questions

PennantPark Investment Corporation (PNNT) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials

PennantPark Investment Corporation (PNNT) saw revenue decline by 19.9% over the past year.

Yes, PennantPark Investment Corporation (PNNT) is profitable, generating $13.8M in net income for fiscal year 2025 (39.4% net margin).

Dividend & Returns

Yes, PennantPark Investment Corporation (PNNT) pays a dividend with a yield of 30.23%. 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 4.2%. This indicates healthy earnings from lending activities.

PennantPark Investment Corporation (PNNT) has an efficiency ratio of 7.8%. This is excellent, indicating strong cost control.

What if you invested $1,000 in PNNT back in 2007?

Total return calculator · dividends reinvested · 19+ years of data

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How much would $100/month in PNNT be worth today?

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