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Prospect Capital Corporation

PSECFinancial ServicesNASDAQ

Asset Management

PriceMA150MA200
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Financials · Annual
Revenue
-$406.9M
-226.8% YoY
Net Income
-$469.9M
-278.8% YoY
Free Cash Flow
$203.4M

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About Prospect Capital Corporation

Prospect Capital Corporation is a business development company. Valued at $1.21B, PSEC is a small-cap name in its sector. It specializes in middle market, mature, mezzanine finance, later stage, emerging growth, leveraged buyouts, refinancing, acquisitions, recapitalizations, turnaround, growth capital, development, capital expenditures and subordinated debt tranches of collateralized loan obligations, cash flow term loans, market place lending and bridge transactions.

Key stats
Market Cap$1.21B
Fwd P/E6.91
EPS$-0.37
Beta0.81
52W Change-25.1%
Dividend Yield20.66%
ROE-0.8%
Analysis

On the balance sheet, PSEC has $34.5M in cash with $1.73B in obligations. The ability to service this debt comfortably depends on continued operational cash generation. Free cash flow comes in at $203.4M, providing flexibility for reinvestment, buybacks, or dividends. Consistent free cash flow generation is often considered a sign of operational health. Return on equity stands at -0.8%, which is negative for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. ROA of 4.3% is on the lower side, which is common in asset-heavy industries. Revenue has pulled back from $622.5M (2022) to -$406.9M (2025), a 165% decline worth watching.

Debt significantly exceeds cash reserves, which means the company's financial flexibility could be constrained during economic downturns. These risk factors are not exhaustive — macroeconomic shifts, regulatory changes, and competitive dynamics can all influence Prospect Capital Corporation's trajectory.

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PSEC — Prospect Capital Corporation Technical Analysis | Scanance