NASDAQ : FDUS
Fidus Investment Corporation — Financial statements
Financials · Asset Management · United States
Last price 19.31 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 767.97M
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Financial statements
Fidus Investment Corporation (FDUS) reported revenue of 170.43M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Operating Revenue | 17.18M | 12.16M | 9.57M | 9.45M | 7.98M | 10.43M |
| Other Revenue | 153.25M | 143.72M | 136.58M | 120.66M | 86.16M | 80.02M |
| Revenue | 170.43M | 155.87M | 146.15M | 130.11M | 94.14M | 90.45M |
| Gross Profit | 170.43M | 155.87M | 146.15M | 130.11M | 94.14M | 90.45M |
| Selling, General & Admin | 50.04M | 48.16M | 44.68M | 41.23M | 27.51M | 45.65M |
| Operating Expenses | 50.04M | 48.16M | 44.68M | 41.23M | 27.51M | 45.65M |
| Operating Income | 120.39M | 107.71M | 101.47M | 88.89M | 66.63M | 44.79M |
| Interest Expense | -37.80M | -31.61M | -24.40M | -22.75M | -18.66M | -19.16M |
| EBT Excluding Unusual Items | 82.59M | 76.10M | 77.08M | 66.14M | 47.96M | 25.63M |
| Gain (Loss) on Sale of Investments | -2.14M | 9.45M | 4.18M | 12.05M | -10.48M | 95.25M |
| Other Unusual Items | -884.00K | -899.00K | -521.00K | -23.00K | -251.00K | -4.26M |
| Pretax Income | 79.56M | 84.65M | 80.73M | 78.16M | 37.23M | 116.61M |
| Income Tax Expense | 2.25M | 2.25M | 2.44M | 1.03M | 1.41M | 509.00K |
| Net Income | 77.31M | 82.40M | 78.29M | 77.13M | 35.82M | 116.10M |
| Net Income to Common | 77.31M | 82.40M | 78.29M | 77.13M | 35.82M | 116.10M |
| Shares Outstanding (Basic) | 37.16M | 35.49M | 32.59M | 26.37M | 24.47M | 24.44M |
| Shares Outstanding (Diluted) | 37.16M | 35.49M | 32.59M | 26.37M | 24.47M | 24.44M |
| EPS (Basic) | 2.08 | 2.32 | 2.40 | 2.93 | 1.46 | 4.75 |
| EPS (Diluted) | 2.08 | 2.32 | 2.40 | 2.93 | 1.46 | 4.75 |
| Dividend Per Share | 1.72 | 1.72 | 1.72 | 1.66 | 1.44 | 1.26 |
| Gross Margin | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% |
| Operating Margin | 70.64% | 69.10% | 69.43% | 68.31% | 70.78% | 49.53% |
| Profit Margin | 45.36% | 52.86% | 53.57% | 59.28% | 38.05% | 128.37% |
| EBIT | 120.39M | 107.71M | 101.47M | 88.89M | 66.63M | 44.79M |
| EBIT Margin | 70.64% | 69.10% | 69.43% | 68.31% | 70.78% | 49.53% |
| Effective Tax Rate | 2.83% | 2.65% | 3.02% | 1.32% | 3.79% | 0.44% |
| Revenue as Reported | 170.43M | 155.87M | 146.15M | 130.11M | 94.14M | 90.45M |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 37.60M | 70.00M | 57.16M | 119.13M | 62.35M | 169.42M |
| Cash & Short-Term Investments | 37.60M | 70.00M | 57.16M | 119.13M | 62.35M | 169.42M |
| Receivables | 27.72M | 21.41M | 15.12M | 11.96M | 11.83M | 8.23M |
| Prepaid Expenses | 1.22M | 766.00K | 1.33M | 1.90M | 1.46M | 413.00K |
| Restricted Cash | 1.68M | 9.61M | ||||
| Total Current Assets | 68.21M | 101.79M | 73.61M | 132.99M | 75.63M | 178.06M |
| Long-Term Investments | 1.43B | 1.32B | 1.09B | 957.91M | 860.33M | 719.12M |
| Total Assets | 1.50B | 1.43B | 1.16B | 1.09B | 935.96M | 897.18M |
| Accounts Payable | 2.36M | 1.83M | 1.02M | 741.00K | 790.00K | 655.00K |
| Accrued Expenses | 35.92M | 35.17M | 30.69M | 32.94M | 34.79M | 40.32M |
| Current Income Taxes Payable | 955.00K | 3.57M | 1.85M | 1.23M | 9.94M | 2.41M |
| Total Current Liabilities | 39.24M | 40.56M | 33.56M | 34.91M | 45.51M | 43.38M |
| Long-Term Debt | 723.41M | 644.08M | 474.89M | 466.51M | 410.10M | 366.04M |
| Total Liabilities | 762.64M | 684.64M | 508.45M | 501.42M | 455.62M | 409.42M |
| Common Stock | 38.00K | 38.00K | 34.00K | 31.00K | 25.00K | 24.00K |
| Additional Paid-In Capital | 641.38M | 641.38M | 567.16M | 504.09M | 395.92M | 361.81M |
| Retained Earnings | 97.06M | 100.48M | 88.47M | 85.36M | 84.40M | 125.93M |
| Shareholders' Equity | 738.48M | 741.90M | 655.67M | 589.47M | 480.34M | 487.76M |
| Total Liabilities & Equity | 1.50B | 1.43B | 1.16B | 1.09B | 935.96M | 897.18M |
| Total Debt | 723.41M | 644.08M | 474.89M | 466.51M | 410.10M | 366.04M |
| Net Cash (Debt) | -685.81M | -574.08M | -417.73M | -347.38M | -347.75M | -196.62M |
| Net Cash Per Share | -18.46 | -16.18 | -12.82 | -13.18 | -14.21 | -8.05 |
| Filing Date Shares Outstanding | 37.95M | 37.95M | 33.91M | 30.65M | 24.84M | 24.44M |
| Total Common Shares Outstanding | 37.95M | 37.95M | 33.91M | 30.44M | 24.73M | 24.44M |
| Working Capital | 28.97M | 61.22M | 40.05M | 98.08M | 30.12M | 134.68M |
| Book Value Per Share | 19.46 | 19.55 | 19.33 | 19.37 | 19.43 | 19.96 |
| Tangible Book Value | 738.48M | 741.90M | 655.67M | 589.47M | 480.34M | 487.76M |
| Tangible Book Value Per Share | 19.46 | 19.55 | 19.33 | 19.37 | 19.43 | 19.96 |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 77.31M | 82.40M | 78.29M | 77.13M | 35.82M | 116.10M |
| Other Amortization | 3.13M | 2.92M | 2.14M | 2.21M | 2.11M | 2.21M |
| Loss (Gain) From Sale of Investments | -378.00K | -13.48M | -5.66M | -13.71M | 67.00K | -97.30M |
| Other Operating Activities | -282.35M | -219.86M | -126.42M | -83.84M | -141.02M | 125.31M |
| Change in Accounts Receivable | -11.85M | -6.29M | -3.15M | -139.00K | -3.60M | -683.00K |
| Change in Accounts Payable | 867.00K | 810.00K | 278.00K | -49.00K | 135.00K | 161.00K |
| Change in Income Taxes | 630.00K | 1.72M | 623.00K | -8.71M | 7.53M | 2.13M |
| Change in Other Net Operating Assets | 1.37M | 4.79M | -1.41M | -2.34M | -6.58M | 19.96M |
| Operating Cash Flow | -211.26M | -147.00M | -55.31M | -29.46M | -105.54M | 167.90M |
| Long-Term Debt Issued | 329.85M | 45.00M | 62.00M | 76.00M | 166.14M | |
| Long-Term Debt Repaid | -155.17M | -37.21M | -6.00M | -30.76M | -245.75M | |
| Net Debt Issued (Repaid) | 199.54M | 174.68M | 7.79M | 56.00M | 45.24M | -79.61M |
| Issuance of Common Stock | 51.10M | 79.30M | 66.27M | 110.33M | 5.81M | |
| Common Dividends Paid | -64.03M | -60.47M | -55.72M | -44.96M | -35.29M | -30.79M |
| Other Financing Activities | -9.09M | -9.05M | -2.36M | -1.76M | -3.53M | -4.08M |
| Financing Cash Flow | 159.33M | 169.45M | -6.67M | 86.24M | -1.53M | -122.79M |
| Net Cash Flow | -51.93M | 22.45M | -61.97M | 56.78M | -107.07M | 45.11M |
| Levered Free Cash Flow | 44.26M | 42.14M | 46.37M | 32.36M | 29.57M | 39.81M |
| Unlevered Free Cash Flow | 64.75M | 58.98M | 59.48M | 44.37M | 39.13M | 49.57M |
| Cash Interest Paid | 33.37M | 27.18M | 22.43M | 19.43M | 16.48M | 15.78M |
| Cash Income Tax Paid | 4.14M | 4.56M | 3.30M | 11.40M | 4.29M | 431.00K |
| Change in Working Capital | -8.98M | 1.02M | -3.66M | -11.24M | -2.51M | 21.57M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 774.73M | 703.05M | 712.89M | 560.25M | 465.04M | 439.38M |
| Enterprise Value | 1.46B | 1.17B | 1.13B | 924.85M | 814.82M | 692.90M |
| Last Close Price | 19.48 | 17.66 | 17.30 | 14.35 | 11.96 | 10.21 |
| PE Ratio | 9.36 | 8.53 | 9.11 | 7.26 | 12.98 | 3.78 |
| Forward PE | 9.68 | 9.89 | 9.86 | 8.43 | 9.00 | 11.66 |
| PS Ratio | 4.55 | 4.51 | 4.88 | 4.31 | 4.94 | 4.86 |
| PB Ratio | 1.00 | 0.95 | 1.09 | 0.95 | 0.97 | 0.90 |
| P/TBV Ratio | 1.05 | 0.95 | 1.09 | 0.95 | 0.97 | 0.90 |
| P/OCF Ratio | 2.62 | |||||
| PEG Ratio | 5.34 | 5.34 | 5.34 | 5.34 | 5.34 | |
| EV/Sales Ratio | 8.57 | 7.53 | 7.73 | 7.11 | 8.66 | 7.66 |
| EV/EBIT Ratio | 12.13 | 10.90 | 11.13 | 10.40 | 12.23 | 15.47 |
| Debt / Equity Ratio | 0.98 | 0.87 | 0.72 | 0.79 | 0.85 | 0.75 |
| Net Debt / Equity Ratio | 0.93 | 0.77 | 0.64 | 0.59 | 0.72 | 0.40 |
| Asset Turnover | 0.12 | 0.12 | 0.13 | 0.13 | 0.10 | 0.10 |
| Quick Ratio | 1.67 | 2.25 | 2.15 | 3.75 | 1.63 | 4.09 |
| Current Ratio | 1.74 | 2.51 | 2.19 | 3.81 | 1.66 | 4.10 |
| Return on Equity (ROE) | 10.81% | 11.79% | 12.58% | 14.42% | 7.40% | 25.84% |
| Return on Assets (ROA) | 5.46% | 5.20% | 5.62% | 5.48% | 4.54% | 3.16% |
| Return on Invested Capital (ROIC) | 8.40% | 8.78% | 9.79% | 9.94% | 8.48% | 6.31% |
| Return on Capital Employed (ROCE) | 8.20% | 7.80% | 9.00% | 8.40% | 7.50% | 5.20% |
| Earnings Yield | 10.68% | 11.72% | 10.98% | 13.77% | 7.70% | 26.42% |
| Dividend Yield | 10.99% | 9.29% | 8.18% | 9.02% | 7.66% | 7.01% |
| Payout Ratio | 102.86% | 73.38% | 71.17% | 58.29% | 98.52% | 26.52% |
| Buyback Yield / Dilution | -8.84% | -8.91% | -23.59% | -7.75% | -0.13% | 0.02% |
| Total Shareholder Return | 2.15% | 0.37% | -15.41% | 1.27% | 7.53% | 7.03% |