NASDAQ : MFIN
Medallion Financial Corp. — Financial statements
Financials · Credit Services · United States
Last price 10.1 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 221.77M
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Medallion Financial Corp. (MFIN) reported revenue of 358.46M 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 | |
|---|---|---|---|---|---|---|
| Other Revenue | 358.46M | 353.31M | 302.03M | 262.36M | 206.80M | 191.50M |
| Revenue | 358.46M | 353.31M | 302.03M | 262.36M | 206.80M | 191.50M |
| Cost of Revenue | 103.21M | 89.82M | 76.50M | 37.81M | 30.06M | 4.62M |
| Gross Profit | 255.25M | 263.49M | 225.53M | 224.55M | 176.75M | 186.88M |
| Selling, General & Admin | 91.94M | 83.73M | 69.98M | 74.12M | 70.61M | 61.90M |
| Amortization of Goodwill & Intangibles | 1.45M | 1.45M | 1.45M | 1.45M | 1.45M | 1.45M |
| Other Operating Expenses | 657.00K | 15.15M | ||||
| Operating Expenses | 93.47M | 85.18M | 71.43M | 75.57M | 72.71M | 78.49M |
| Operating Income | 161.79M | 178.31M | 154.10M | 148.98M | 104.03M | 108.39M |
| Interest Expense | -107.91M | -98.43M | -88.17M | -62.95M | -36.19M | -31.14M |
| EBT Excluding Unusual Items | 53.88M | 79.89M | 65.94M | 86.04M | 67.85M | 77.25M |
| Other Unusual Items | -3.00M | 4.63M | ||||
| Pretax Income | 53.88M | 79.89M | 62.94M | 86.04M | 67.85M | 81.87M |
| Income Tax Expense | 17.55M | 24.54M | 21.01M | 24.91M | 17.96M | 24.22M |
| Earnings From Continuing Operations | 36.34M | 55.34M | 41.92M | 61.13M | 49.89M | 57.65M |
| Minority Interest in Earnings | -9.34M | -12.30M | -6.05M | -6.05M | -6.05M | -3.55M |
| Net Income | 26.99M | 43.04M | 35.88M | 55.08M | 43.84M | 54.11M |
| Net Income to Common | 26.99M | 43.04M | 35.88M | 55.08M | 43.84M | 54.11M |
| Shares Outstanding (Basic) | 22.98M | 22.77M | 22.55M | 22.51M | 23.58M | 24.60M |
| Shares Outstanding (Diluted) | 24.20M | 24.25M | 23.61M | 23.25M | 23.93M | 24.94M |
| EPS (Basic) | 1.17 | 1.89 | 1.59 | 2.45 | 1.86 | 2.20 |
| EPS (Diluted) | 1.11 | 1.78 | 1.52 | 2.37 | 1.83 | 2.17 |
| Dividend Per Share | 0.52 | 0.47 | 0.41 | 0.34 | 0.32 | 0.08 |
| Gross Margin | 71.21% | 74.58% | 74.67% | 85.59% | 85.47% | 97.59% |
| Operating Margin | 45.13% | 50.47% | 51.02% | 56.78% | 50.31% | 56.60% |
| Profit Margin | 7.53% | 12.18% | 11.88% | 20.99% | 21.20% | 28.26% |
| EBITDA | 170.12M | 186.63M | 160.32M | 154.22M | 109.26M | 112.50M |
| EBITDA Margin | 47.46% | 52.82% | 53.08% | 58.78% | 52.83% | 58.75% |
| D&A For EBITDA | 8.33M | 8.32M | 6.22M | 5.24M | 5.23M | 4.12M |
| EBIT | 161.79M | 178.31M | 154.10M | 148.98M | 104.03M | 108.39M |
| EBIT Margin | 45.13% | 50.47% | 51.02% | 56.78% | 50.31% | 56.60% |
| Effective Tax Rate | 32.56% | 30.72% | 33.38% | 28.95% | 26.47% | 29.58% |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 243.06M | 201.56M | 169.57M | 149.84M | 105.60M | 124.48M |
| Cash & Short-Term Investments | 243.06M | 201.56M | 169.57M | 149.84M | 105.60M | 124.48M |
| Accounts Receivable | 21.97M | 19.40M | 15.31M | 13.54M | 12.61M | 10.62M |
| Other Receivables | 2.13M | 671.00K | 2.10M | 833.00K | ||
| Receivables | 2.81B | 2.46B | 2.28B | 2.15B | 1.87B | 1.45B |
| Total Current Assets | 3.07B | 2.67B | 2.58B | 2.30B | 1.97B | 1.57B |
| Property, Plant & Equipment | 17.18M | 11.86M | 13.76M | 14.08M | 13.17M | 11.76M |
| Long-Term Investments | 72.04M | 70.07M | 65.73M | 67.46M | 60.51M | 56.45M |
| Goodwill | 150.80M | 150.80M | 150.80M | 150.80M | 150.80M | |
| Other Intangible Assets | 167.42M | 17.70M | 19.15M | 20.59M | 22.04M | 23.48M |
| Long-Term Deferred Charges | 8.40M | 8.20M | 8.50M | 7.00M | 7.10M | |
| Other Long-Term Assets | 37.28M | 23.61M | 30.30M | 30.69M | 32.95M | 48.77M |
| Total Assets | 3.36B | 2.96B | 2.87B | 2.59B | 2.26B | 1.87B |
| Accounts Payable | 23.35M | 18.00M | 21.77M | 28.33M | 20.73M | 13.56M |
| Accrued Expenses | 6.97M | 6.32M | 8.23M | 6.82M | 4.79M | 3.40M |
| Short-Term Debt | 77.00M | 95.25M | 49.00M | 8.00M | 5.00M | |
| Current Portion of Leases | 2.21M | 2.29M | 2.47M | 2.24M | 2.16M | |
| Current Income Taxes Payable | 759.00K | |||||
| Total Current Liabilities | 107.32M | 122.53M | 81.30M | 45.63M | 32.76M | 19.11M |
| Long-Term Debt | 2.67B | 2.30B | 2.32B | 2.10B | 1.82B | 1.47B |
| Long-Term Leases | 11.41M | 5.04M | 5.13M | 7.02M | 8.41M | 9.05M |
| Long-Term Deferred Tax Liabilities | 16.70M | 19.60M | 21.00M | 21.21M | 26.75M | 18.21M |
| Total Liabilities | 2.81B | 2.45B | 2.43B | 2.18B | 1.89B | 1.52B |
| Common Stock | 399.76M | 296.00K | 293.00K | 291.00K | 287.00K | 281.00K |
| Additional Paid-In Capital | 299.46M | 293.41M | 288.05M | 283.66M | 280.04M | |
| Retained Earnings | 159.99M | 126.61M | 100.19M | 63.32M | 31.64M | |
| Treasury Stock | -51.13M | -50.14M | -45.54M | -45.54M | -24.92M | |
| Total Common Equity | 399.76M | 408.62M | 370.17M | 342.99M | 301.74M | 287.04M |
| Minority Interest | 151.34M | 99.43M | 68.79M | 68.79M | 68.79M | 68.79M |
| Shareholders' Equity | 551.10M | 508.05M | 438.96M | 411.77M | 370.52M | 355.83M |
| Total Liabilities & Equity | 3.36B | 2.96B | 2.87B | 2.59B | 2.26B | 1.87B |
| Total Debt | 2.76B | 2.40B | 2.38B | 2.12B | 1.84B | 1.48B |
| Net Cash (Debt) | -2.52B | -2.20B | -2.21B | -1.97B | -1.73B | -1.36B |
| Net Cash Per Share | -104.11 | -90.78 | -93.58 | -84.73 | -72.36 | -54.43 |
| Filing Date Shares Outstanding | 21.96M | 22.78M | 22.35M | 22.49M | 22.46M | 25.05M |
| Total Common Shares Outstanding | 21.96M | 22.56M | 22.23M | 22.45M | 22.20M | 24.68M |
| Working Capital | 2.96B | 2.55B | 2.50B | 2.25B | 1.94B | 1.56B |
| Book Value Per Share | 18.21 | 18.11 | 16.65 | 15.27 | 13.59 | 11.63 |
| Tangible Book Value | 232.34M | 240.11M | 200.22M | 171.59M | 128.90M | 112.76M |
| Tangible Book Value Per Share | 10.58 | 10.64 | 9.01 | 7.64 | 5.81 | 4.57 |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 43.04M | 35.88M | 55.08M | 43.84M | 54.11M | |
| Depreciation & Amortization | 8.32M | 6.22M | 5.24M | 5.23M | 4.12M | |
| Other Amortization | 10.59M | 9.17M | 9.59M | 8.71M | 10.40M | |
| Loss (Gain) From Sale of Assets | 763.81M | 196.79M | 118.36M | -715.00K | ||
| Loss (Gain) From Sale of Investments | -24.55M | -6.92M | -5.18M | -2.78M | -17.38M | |
| Stock-Based Compensation | 6.74M | 6.05M | 4.71M | 3.48M | 2.26M | |
| Provision & Write-off of Bad Debts | 89.82M | 76.50M | 37.81M | 30.06M | 4.62M | |
| Other Operating Activities | 9.83M | 4.22M | 4.41M | 5.32M | -1.89M | |
| Change in Accounts Receivable | -4.09M | -1.78M | -925.00K | -1.99M | -283.00K | |
| Change in Accounts Payable | -3.90M | -8.74M | 6.21M | 6.38M | 2.69M | |
| Change in Other Net Operating Assets | -3.25M | -3.42M | -2.84M | 3.21M | 2.47M | |
| Operating Cash Flow | 126.28M | 108.68M | 113.78M | 108.74M | 78.73M | |
| Divestitures | 17.68M | |||||
| Investment in Securities | 21.50M | 8.64M | -2.13M | -5.95M | 16.29M | |
| Investing Cash Flow | -124.49M | -328.94M | -340.71M | -449.00M | -238.32M | |
| Issuance of Common Stock | 516.00K | 259.00K | 442.00K | 155.00K | 241.00K | |
| Repurchase of Common Stock | -2.19M | -5.55M | -768.00K | -20.62M | ||
| Common Dividends Paid | -10.97M | -9.39M | -7.70M | -7.54M | ||
| Other Financing Activities | 42.85M | 254.68M | 279.21M | 349.39M | 171.80M | |
| Financing Cash Flow | 30.20M | 239.99M | 271.18M | 321.38M | 172.04M | |
| Net Cash Flow | 31.99M | 19.73M | 44.25M | -18.89M | 12.44M | |
| Levered Free Cash Flow | 10.29M | -207.74M | -195.10M | -349.21M | -201.39M | |
| Unlevered Free Cash Flow | 61.21M | -161.81M | -165.35M | -335.31M | -192.32M | |
| Cash Interest Paid | 96.00M | 82.76M | 57.51M | 31.98M | 29.87M | |
| Cash Income Tax Paid | 23.10M | 22.46M | 25.10M | 8.85M | 5.48M | |
| Change in Working Capital | -9.76M | -15.61M | 2.10M | 14.88M | 23.21M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 220.01M | 232.06M | 208.38M | 221.09M | 158.39M | 142.93M |
| Enterprise Value | 2.74B | 2.54B | 2.49B | 2.26B | 1.91B | 1.56B |
| Last Close Price | 10.02 | 9.88 | 8.59 | 8.57 | 5.96 | 4.64 |
| PE Ratio | 9.00 | 5.39 | 5.81 | 4.01 | 3.61 | 2.64 |
| Forward PE | 8.66 | 6.43 | 5.57 | 5.44 | 5.71 | 3.89 |
| PS Ratio | 0.61 | 0.66 | 0.69 | 0.84 | 0.77 | 0.75 |
| PB Ratio | 0.55 | 0.46 | 0.47 | 0.54 | 0.43 | 0.40 |
| P/TBV Ratio | 0.95 | 0.97 | 1.04 | 1.29 | 1.23 | 1.27 |
| P/OCF Ratio | 1.26 | 1.84 | 1.92 | 1.94 | 1.46 | 1.82 |
| PEG Ratio | 0.14 | 0.14 | 0.14 | 0.14 | 0.14 | |
| EV/Sales Ratio | 7.64 | 7.18 | 8.23 | 8.63 | 9.26 | 8.14 |
| EV/EBITDA Ratio | 16.10 | 13.60 | 15.51 | 14.68 | 17.53 | 13.86 |
| EV/EBIT Ratio | 16.93 | 14.23 | 16.13 | 15.19 | 18.41 | 14.38 |
| Debt / Equity Ratio | 5.01 | 4.73 | 5.42 | 5.15 | 4.96 | 4.17 |
| Debt / EBITDA Ratio | 15.97 | 12.68 | 14.59 | 13.53 | 16.46 | 12.89 |
| Net Debt / Equity Ratio | 4.57 | 4.33 | 5.03 | 4.78 | 4.67 | 3.81 |
| Net Debt / EBITDA Ratio | 14.81 | 11.79 | 13.78 | 12.77 | 15.85 | 12.07 |
| Asset Turnover | 0.12 | 0.12 | 0.11 | 0.11 | 0.10 | 0.11 |
| Quick Ratio | 2.47 | 1.80 | 2.30 | 3.60 | 3.67 | 7.11 |
| Current Ratio | 28.57 | 21.82 | 31.75 | 50.32 | 60.23 | 82.39 |
| Return on Equity (ROE) | 6.93% | 11.69% | 9.86% | 15.63% | 13.74% | 17.46% |
| Return on Assets (ROA) | 3.23% | 3.83% | 3.53% | 3.84% | 3.15% | 3.85% |
| Return on Invested Capital (ROIC) | 3.63% | 4.61% | 4.08% | 4.72% | 4.01% | 4.73% |
| Return on Capital Employed (ROCE) | 5.00% | 6.30% | 5.50% | 5.90% | 4.70% | 5.80% |
| Earnings Yield | 11.12% | 18.55% | 17.22% | 24.91% | 27.68% | 37.86% |
| Dividend Yield | 5.59% | 4.57% | 4.37% | 3.45% | 4.49% | 1.38% |
| Payout Ratio | 48.48% | 25.49% | 26.18% | 13.98% | 17.21% | |
| Buyback Yield / Dilution | -0.67% | -2.72% | -1.54% | 2.84% | 4.07% | -2.04% |
| Total Shareholder Return | 4.92% | 1.85% | 2.84% | 6.29% | 8.56% | -0.66% |