NYSE : PNNT
PennantPark Investment Corporation — Financial statements
Financials · Asset Management · United States
Last price 3.01 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 196.54M
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Financial statements
PennantPark Investment Corporation (PNNT) reported revenue of 104.91M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year October - September; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Other Revenue | 104.91M | 122.38M | 143.82M | 145.37M | 104.97M | 81.59M |
| Revenue | 104.91M | 122.38M | 143.82M | 145.37M | 104.97M | 81.59M |
| Gross Profit | 104.91M | 122.38M | 143.82M | 145.37M | 104.97M | 81.59M |
| Selling, General & Admin | 26.52M | 32.10M | 35.96M | 36.13M | 26.38M | 22.00M |
| Operating Expenses | 26.52M | 32.10M | 35.96M | 36.13M | 26.38M | 22.00M |
| Operating Income | 78.38M | 90.28M | 107.86M | 109.24M | 78.59M | 59.58M |
| Interest Expense | -37.48M | -41.31M | -45.19M | -39.41M | -28.76M | -22.51M |
| EBT Excluding Unusual Items | 40.90M | 48.97M | 62.67M | 69.83M | 49.83M | 37.08M |
| Gain (Loss) on Sale of Investments | -26.53M | -13.21M | -6.83M | -95.30M | -73.26M | 147.96M |
| Other Unusual Items | -2.25M | -440.00K | -4.38M | -4.04M | -508.00K | -17.82M |
| Pretax Income | 12.11M | 35.32M | 51.45M | -29.51M | -23.94M | 167.22M |
| Income Tax Expense | 1.98M | 2.59M | 2.60M | 4.29M | 800.00K | 600.00K |
| Net Income | 10.13M | 32.73M | 48.85M | -33.81M | -24.74M | 166.62M |
| Net Income to Common | 10.13M | 32.73M | 48.85M | -33.81M | -24.74M | 166.62M |
| Shares Outstanding (Basic) | 65.30M | 65.30M | 65.25M | 65.22M | 66.25M | 67.05M |
| Shares Outstanding (Diluted) | 65.30M | 65.30M | 65.25M | 65.22M | 66.25M | 67.05M |
| EPS (Basic) | 0.16 | 0.50 | 0.75 | -0.52 | -0.37 | 2.49 |
| EPS (Diluted) | 0.16 | 0.50 | 0.75 | -0.52 | -0.37 | 2.49 |
| Dividend Per Share | 0.80 | 0.96 | 0.88 | 0.76 | 0.56 | 0.48 |
| Gross Margin | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% |
| Operating Margin | 74.72% | 73.77% | 75.00% | 75.14% | 74.87% | 73.03% |
| Profit Margin | 9.66% | 26.74% | 33.97% | -23.26% | -23.57% | 204.22% |
| EBIT | 78.38M | 90.28M | 107.86M | 109.24M | 78.59M | 59.58M |
| EBIT Margin | 74.72% | 73.77% | 75.00% | 75.14% | 74.87% | 73.03% |
| Effective Tax Rate | 16.35% | 7.33% | 5.06% | 0.36% | ||
| Revenue as Reported | 104.91M | 122.38M | 143.82M | 145.37M | 104.97M | 81.59M |
Balance sheet
Fiscal year October - September; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 39.25M | 51.78M | 49.86M | 38.77M | 54.77M | 20.36M |
| Cash & Short-Term Investments | 39.25M | 51.78M | 49.86M | 38.77M | 54.77M | 20.36M |
| Accounts Receivable | 25.14M | 5.26M | 5.26M | 6.82M | 33.09M | 17.75M |
| Other Receivables | 4.51M | 4.86M | 5.64M | 5.08M | 2.42M | 1.69M |
| Receivables | 29.66M | 10.12M | 10.91M | 11.90M | 35.51M | 19.45M |
| Prepaid Expenses | 892.00K | 375.00K | 269.00K | 4.66M | 4.04M | |
| Total Current Assets | 69.80M | 62.28M | 61.04M | 55.33M | 94.32M | 39.80M |
| Long-Term Investments | 1.19B | 1.29B | 1.33B | 1.10B | 1.23B | 1.26B |
| Total Assets | 1.26B | 1.35B | 1.39B | 1.16B | 1.32B | 1.30B |
| Accounts Payable | 272.35M | 134.35M | 104.15M | 106.70M | 6.64M | 8.41M |
| Accrued Expenses | 9.43M | 12.37M | 13.76M | 13.46M | 11.11M | 11.16M |
| Other Current Liabilities | 5.22M | 5.26M | 17.80M | 11.89M | 8.04M | |
| Total Current Liabilities | 287.00M | 146.72M | 123.17M | 137.96M | 29.64M | 27.61M |
| Long-Term Debt | 547.93M | 738.88M | 772.01M | 516.84M | 704.51M | 607.34M |
| Long-Term Deferred Tax Liabilities | 896.00K | |||||
| Total Liabilities | 834.94M | 885.60M | 895.18M | 654.79M | 735.05M | 634.95M |
| Common Stock | 65.00K | 65.00K | 65.00K | 65.00K | 65.00K | 67.00K |
| Additional Paid-In Capital | 740.51M | 740.51M | 743.97M | 746.47M | 748.17M | 786.99M |
| Retained Earnings | -312.54M | -276.62M | -250.12M | -244.34M | -162.67M | -126.92M |
| Shareholders' Equity | 428.03M | 463.95M | 493.91M | 502.19M | 585.57M | 660.14M |
| Total Liabilities & Equity | 1.26B | 1.35B | 1.39B | 1.16B | 1.32B | 1.30B |
| Total Debt | 547.93M | 738.88M | 772.01M | 516.84M | 704.51M | 607.34M |
| Net Cash (Debt) | -508.68M | -687.10M | -722.15M | -478.06M | -649.74M | -586.98M |
| Net Cash Per Share | -7.79 | -10.52 | -11.07 | -7.33 | -9.81 | -8.76 |
| Filing Date Shares Outstanding | 65.30M | 65.30M | 65.30M | 65.22M | 65.22M | 67.05M |
| Total Common Shares Outstanding | 65.30M | 65.30M | 65.30M | 65.22M | 65.22M | 67.05M |
| Working Capital | -217.21M | -84.44M | -62.13M | -82.62M | 64.67M | 12.19M |
| Book Value Per Share | 6.56 | 7.11 | 7.56 | 7.70 | 8.98 | 9.85 |
| Tangible Book Value | 428.03M | 463.95M | 493.91M | 502.19M | 585.57M | 660.14M |
| Tangible Book Value Per Share | 6.56 | 7.11 | 7.56 | 7.70 | 8.98 | 9.85 |
Cash flow statement
Fiscal year October - September; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 10.13M | 32.73M | 48.85M | -33.81M | -24.74M | 166.62M |
| Other Amortization | 1.83M | 1.75M | 1.75M | 1.78M | 1.97M | 2.45M |
| Loss (Gain) From Sale of Investments | 24.94M | 9.84M | 2.98M | 85.13M | 60.68M | -151.48M |
| Other Operating Activities | -47.92M | 31.00M | -224.25M | 43.03M | -35.93M | -4.28M |
| Change in Accounts Receivable | -20.54M | 1.56M | 26.27M | -15.34M | -12.75M | |
| Change in Accounts Payable | 143.94M | 30.20M | -2.55M | 100.06M | -2.83M | 3.57M |
| Change in Other Net Operating Assets | 830.00K | -743.00K | -736.00K | 1.37M | -2.00M | 3.78M |
| Operating Cash Flow | 113.20M | 104.78M | -172.40M | 222.94M | -17.29M | 7.91M |
| Long-Term Debt Issued | 207.00M | 524.04M | 152.50M | 1.02B | 455.78M | |
| Long-Term Debt Repaid | -242.00M | -275.00M | -346.00M | -921.22M | -437.02M | |
| Net Debt Issued (Repaid) | -80.00M | -35.00M | 249.04M | -193.50M | 100.14M | 18.76M |
| Issuance of Common Stock | 552.00K | |||||
| Repurchase of Common Stock | -13.25M | |||||
| Common Dividends Paid | -62.68M | -67.91M | -65.90M | -45.66M | -34.85M | -32.18M |
| Other Financing Activities | -1.62M | -250.00K | ||||
| Financing Cash Flow | -144.30M | -102.91M | 183.43M | -239.16M | 52.04M | -13.42M |
| Foreign Exchange Rate Adjustments | -197.00K | 54.00K | 48.00K | 217.00K | -332.00K | 67.00K |
| Net Cash Flow | -31.29M | 1.92M | 11.09M | -16.00M | 34.42M | -5.45M |
| Levered Free Cash Flow | 151.62M | 56.59M | 31.52M | 176.72M | 15.05M | 20.23M |
| Unlevered Free Cash Flow | 173.21M | 80.66M | 58.00M | 199.57M | 31.06M | 31.85M |
| Cash Interest Paid | 34.53M | 39.69M | 43.26M | 37.66M | 25.47M | 17.14M |
| Cash Income Tax Paid | 2.10M | 2.85M | 6.31M | 5.71M | 5.46M | 984.00K |
| Change in Working Capital | 124.22M | 29.46M | -1.73M | 126.80M | -19.26M | -5.39M |
Ratios
Fiscal year October - September; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 197.19M | 438.14M | 456.42M | 429.18M | 357.16M | 435.12M |
| Enterprise Value | 705.88M | 996.94M | 1.16B | 1.00B | 1.07B | 926.49M |
| Last Close Price | 3.02 | 5.30 | 4.81 | 3.99 | 2.91 | 3.18 |
| PE Ratio | 19.46 | 13.39 | 9.34 | 2.61 | ||
| Forward PE | 5.32 | 9.53 | 7.94 | 7.56 | 7.68 | 11.01 |
| PS Ratio | 1.88 | 3.58 | 3.17 | 2.95 | 3.40 | 5.33 |
| PB Ratio | 0.46 | 0.94 | 0.92 | 0.85 | 0.61 | 0.66 |
| P/TBV Ratio | 0.46 | 0.94 | 0.92 | 0.85 | 0.61 | 0.66 |
| P/OCF Ratio | 1.74 | 4.18 | 1.93 | 55.02 | ||
| PEG Ratio | 0.32 | 0.32 | 0.32 | 0.32 | 0.32 | |
| EV/Sales Ratio | 6.73 | 8.15 | 8.03 | 6.90 | 10.23 | 11.36 |
| EV/EBIT Ratio | 9.01 | 11.04 | 10.71 | 9.19 | 13.67 | 15.55 |
| Debt / Equity Ratio | 1.28 | 1.59 | 1.56 | 1.03 | 1.20 | 0.92 |
| Net Debt / Equity Ratio | 1.19 | 1.48 | 1.46 | 0.95 | 1.11 | 0.89 |
| Asset Turnover | 0.08 | 0.09 | 0.11 | 0.12 | 0.08 | 0.07 |
| Quick Ratio | 0.24 | 0.42 | 0.49 | 0.37 | 3.04 | 1.44 |
| Current Ratio | 0.24 | 0.42 | 0.50 | 0.40 | 3.18 | 1.44 |
| Return on Equity (ROE) | 2.23% | 6.83% | 9.81% | -6.22% | -3.97% | 28.10% |
| Return on Assets (ROA) | 3.89% | 4.12% | 5.29% | 5.51% | 3.76% | 3.09% |
| Return on Invested Capital (ROIC) | 6.84% | 7.07% | 9.32% | 9.86% | 6.33% | 5.13% |
| Return on Capital Employed (ROCE) | 8.00% | 7.50% | 8.50% | 10.70% | 6.10% | 4.70% |
| Earnings Yield | 5.14% | 7.47% | 10.70% | -7.88% | -6.93% | 38.29% |
| Dividend Yield | 15.89% | 14.31% | 12.59% | 11.55% | 10.23% | 7.40% |
| Payout Ratio | 412.49% | 207.50% | 134.91% | 19.31% | ||
| Buyback Yield / Dilution | -0.08% | -0.03% | 1.55% | 1.18% | ||
| Total Shareholder Return | 15.89% | 14.23% | 12.56% | 13.10% | 11.41% | 7.40% |