PROSPECT CAPITAL CORP PSEC

Nasdaq

Prospect is a financial services company that primarily lends to and invests in middle market privately-held companies. We are a closed-end investment company incorporated in Maryland. We have elected to be regulated as a business development company ("BDC") under the Investment Company Act of 1940, as amended (the "1940 Act"). As a BDC, we have elected to be treated as a regulated investment company ("RIC"), under Subchapter M of the Internal Revenue Code of 1986, as amended (the "Code"). We were organized on April 13, 2004, and were funded in an initial public offering completed on July 27, 2004. We are one of the longest-running and largest BDCs with approximately $6.4 billion of total assets as of June 30, 2026.

Last close 1.48 2026-10-23
Market cap $776.8M 2026-06-30 share count
52-week range 1.43 - 3.12

Valuation FY2026 figures against the last close

P/S—
P/E24.7x
P/FCF1.5x
EV/EBITDA—
Dividend yield32.1%
Diluted EPS0.06

Annual financial statements

Income statement

Fiscal year FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Interest expense ——$160.2M$148.2M$117.4M$130.6M——
Net income $153.7M-$469.9M$262.8M-$88.0M$735.3M$428.1M-$78.9M—
EPS, basic 0.06-1.350.36-0.431.432.51——
EPS, diluted 0.06-1.350.34-0.431.342.50——
Shares, diluted (wtd. avg.) 479.9M440.3M625.3M398.5M390.6M382.7M368.1M366.0M

Balance sheet

Fiscal year FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Cash and equivalents $43.6M$50.8M$85.9M$95.6M$35.4M$63.6M$44.6M—
Total assets $6.45B$6.80B$7.86B$7.86B$7.66B———
Long-term debt $1.86B$2.09B$2.43B$2.58B$2.74B———
Total liabilities $1.95B$2.19B$2.56B$2.71B$2.85B———
Retained earnings -$1.39B-$1.19B-$436.3M-$352.9M$68.4M———
Total equity $2.93B$2.99B$3.71B$3.73B$4.12B$3.95B$3.06B$3.31B

Cash flow

Fiscal year FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Operating cash flow $516.3M$523.2M$280.0M-$220.8M-$795.3M$31.0M——
Financing cash flow -$523.6M-$558.3M-$289.8M$281.1M$767.1M-$12.0M——
Dividends paid $249.7M$264.1M$360.3M$299.1M$270.3M$195.6M——

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001287032-26-000269.

Plot the figures US dollars

Income statement Revenue Cost of revenue Gross profit R&D SG&A Total operating expenses Operating income Interest expense Pre-tax income Income tax Net income EPS, basic EPS, diluted Shares, diluted (wtd. avg.)
Balance sheet Cash and equivalents Short-term investments Receivables Inventory Total current assets Property, plant and equipment Goodwill Other intangibles Total assets Accounts payable Short-term debt Total current liabilities Long-term debt Total liabilities Retained earnings Total equity
Cash flow Operating cash flow Depreciation and amortisation Stock-based compensation Capital expenditure Investing cash flow Financing cash flow Dividends paid Buybacks
  • Revenue
  • Gross profit
  • Net income
Revenue, Gross profit, Net income by fiscal year, in US dollars The same figures are in the table below this chart. -500M 0 500M 1B Net income, FY2020: -78.9M Net income, FY2021: 428.1M Net income, FY2022: 735.3M Net income, FY2023: -88M Net income, FY2024: 262.8M Net income, FY2025: -469.9M Net income, FY2026: 153.7M FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025 FY2026
Fiscal year FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Revenue — — — — — — — —
Gross profit — — — — — — — —
Net income — -$78.9M $428.1M $735.3M -$88.0M $262.8M -$469.9M $153.7M

Recent filings and events

  • Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
  • Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
  • Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
  • Shareholder vote The results of the annual meeting or a special vote. Item 5.07
  • Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
  • Shareholder rights changed The terms attaching to the shares themselves have changed. Item 3.03
  • Charter or fiscal year changed A change to the company's governing documents, or to when its year ends. Item 5.03
  • Results announced Item 2.02
  • Regulation FD disclosure Item 7.01
  • Material agreement signed Item 1.01
  • Results announced Item 2.02
  • Regulation FD disclosure Item 7.01

Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.