Last 48 quarters of trend data · Financial Services · Asset Management
Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.
EV/EBITDA has expanded 30.3% YoY to 34.2x, reflecting rising market expectations or slowing EBITDA growth.
| Metric | TTM | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E Ratio → | 6.88 | — | 10.64 | — | 14.25 | 12.55 | 7.08 | 6.24 | 32.88 | 6.88 | 10.80 | 8.66 | 4.60 |
| — | — | +50.3% | — | -56.7% | +82.5% | -34.4% | -27.9% | +614.6% | -61.1% | — | — | — | |
| P/S Ratio | 2.70 | 2.93 | 3.50 | 9.97 | 5.72 | 5.16 | 3.81 | 3.49 | 7.06 | 3.54 | 5.16 | 4.23 | 2.68 |
| — | -43.2% | -8.3% | +185.3% | -19.0% | +45.5% | -26.0% | -17.5% | +163.4% | -25.9% | — | — | — | |
| P/B Ratio | 0.48 | 0.00 | 0.83 | 0.94 | 0.93 | 0.94 | 0.94 | 0.93 | 1.00 | 0.89 | 0.90 | 0.85 | 0.76 |
| — | -99.9% | -10.8% | +2.0% | -7.3% | +5.1% | +3.6% | +8.4% | +31.4% | +28.8% | +21.1% | +36.5% | +18.3% | |
| P/FCF | 3.40 | 2.31 | 1.55 | 6.34 | 2.17 | 0.81 | 6.17 | — | — | 26.38 | — | 0.81 | 1.74 |
| — | +186.3% | -74.8% | — | — | -96.9% | — | — | — | +2046.1% | — | -30.6% | — | |
| EV / EBITDA | 25.84 | 34.15 | 30.86 | — | 28.50 | 26.21 | 17.52 | 15.77 | 66.46 | 15.62 | 25.45 | 15.34 | 10.06 |
| — | +30.3% | +76.2% | — | -57.1% | +67.8% | -31.2% | +2.8% | +560.9% | -60.4% | — | — | — | |
| EV / EBIT | 25.84 | 34.15 | 30.86 | — | 28.50 | 26.21 | 17.52 | 15.77 | 66.46 | 15.62 | 25.45 | 15.34 | 10.06 |
| — | +30.3% | +76.2% | — | -57.1% | +67.8% | -31.2% | +2.8% | +560.9% | -60.4% | — | — | — |
Quarterly margins and returns. Watch for margin compression across consecutive quarters.
PennantPark Investment Corporation's operating margin was 25.4% in Q2 2026, down 2.7 pp QoQ and down 19.6 pp YoY. The trailing four-quarter average of 23.8% lags the current quarter, suggesting the recent improvement is above-trend. Gross margin expanded 40.5% YoY, indicating pricing power or improving input costs.
| Metric | TTM | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 50.3% | 75.4% | 47.2% | 8.5% | 52.9% | 53.6% | 61.3% | 62.5% | 34.2% | 62.5% | 56.3% | 64.7% | 71.7% |
| — | +40.5% | -22.9% | -86.5% | +54.7% | -14.2% | +8.9% | -3.4% | -52.3% | +51.6% | -51.6% | -50.9% | -88.2% | |
| Operating Margin | 42.5% | 25.4% | 28.1% | -3.4% | 45.2% | 45.0% | 55.5% | 57.1% | 25.7% | 56.4% | 49.9% | 58.3% | 66.5% |
| — | -43.6% | -49.4% | -105.9% | +75.9% | -20.2% | +11.3% | -2.1% | -61.4% | +68.3% | -57.8% | -62.3% | -90.3% | |
| Net Margin | 39.4% | -9.5% | 32.9% | -8.8% | 41.8% | 42.5% | 53.1% | 56.1% | 21.5% | 50.8% | 48.7% | 48.4% | 58.4% |
| — | -122.4% | -38.1% | -115.6% | +94.4% | -16.4% | +8.9% | +15.9% | -63.3% | +87.9% | -59.4% | -62.4% | -95.8% |
| Metric | TTM | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 6.8% | -0.0% | 1.9% | -0.2% | 1.7% | 1.9% | 3.3% | 3.7% | 0.8% | 3.2% | 2.1% | 2.4% | 4.2% |
| — | -100.1% | -40.3% | -105.5% | +123.0% | -40.1% | +53.0% | +52.9% | -82.0% | +229.5% | +116.1% | +142.5% | +247.0% | |
| ROA | 2.4% | -0.0% | 0.7% | -0.1% | 0.6% | 0.7% | 1.1% | 1.3% | 0.3% | 1.3% | 0.9% | 1.1% | 1.8% |
| — | -100.1% | -41.0% | -105.5% | +127.4% | -43.7% | +30.7% | +27.3% | -83.8% | +216.6% | +115.6% | +141.8% | +227.9% | |
| ROIC | 2.1% | 0.0% | 0.5% | -0.0% | 0.6% | 0.6% | 1.0% | 1.1% | 0.3% | 1.1% | 0.7% | 1.0% | 1.6% |
| — | -99.7% | -49.2% | -102.2% | +117.4% | -43.4% | +34.9% | +7.6% | -82.5% | +191.7% | +117.3% | +143.9% | +399.0% |
Quarterly solvency trend — watch for debt spikes or covenant pressure.
PennantPark Investment Corporation's Debt/EBITDA ratio is 97.8x, up from 79.6x last quarter — elevated, raising questions about debt serviceability. The current ratio has weakened 72.2% YoY to 0.09x, tightening the short-term liquidity position. Debt/Equity has declined for 3 consecutive quarters, reflecting a deleveraging trend.
| Metric | TTM | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 1.59 | 0.00 | 1.33 | 1.59 | 1.31 | 1.28 | 1.56 | 1.56 | 1.54 | 1.40 | 1.39 | 1.03 | 1.23 |
| — | -99.9% | -14.7% | +1.9% | -15.1% | -8.8% | +12.1% | +51.9% | +25.9% | +3.6% | +0.7% | -14.5% | +3.6% | |
| Debt / EBITDA | 20.94 | 97.85 | 79.63 | — | 71.35 | 62.28 | 45.90 | 41.28 | 169.11 | 39.36 | 63.82 | 34.96 | 25.90 |
| — | +57.1% | +73.5% | — | -57.8% | +58.2% | -28.1% | +18.1% | +553.0% | -64.6% | — | — | — | |
| Current Ratio | 0.39 | 0.09 | 0.20 | 0.35 | 0.49 | 0.32 | 0.82 | 0.53 | 0.96 | 0.67 | 0.38 | 0.52 | 2.56 |
| — | -72.2% | -75.4% | -33.1% | -48.4% | -52.8% | +115.4% | +1.7% | -62.6% | -73.5% | -78.6% | -87.5% | -8.1% | |
| Quick Ratio | 0.39 | 0.09 | 0.20 | 0.35 | 0.49 | 0.32 | 0.82 | 0.53 | 0.96 | 0.67 | 0.38 | 0.52 | 2.56 |
| — | -72.2% | -75.4% | -33.1% | -48.4% | -52.8% | +115.4% | +1.7% | -62.6% | -73.5% | -78.6% | -87.5% | -8.1% | |
| Interest Coverage | 0.85 | 0.77 | 0.73 | -0.04 | 0.96 | 0.97 | 1.43 | 1.52 | 0.39 | 1.51 | 1.14 | 1.65 | 2.35 |
| — | — | — | — | — | — | — | — | — | — | — | — | — |
Includes 30+ ratios · 48 years · Updated daily
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Quick answers to the most common questions about buying PNNT stock.
PennantPark Investment Corporation's current P/E is 6.9x. The average P/E over the last 2 quarters is 12.4x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.
PennantPark Investment Corporation's current operating margin is 42.5%. Margins have been compressing over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.
Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking PennantPark Investment Corporation's business trajectory between earnings reports.