Medallion Financial Corp. (MFIN) Key Metrics
MFIN valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $256.9M
- Enterprise value
- $2.78B
- P/E (TTM)
- 8.4 10-yr median 4.2
- Forward P/E
- 7.7
- PEG ratio
- 0.77
- Price / sales
- 0.7 10-yr median 0.8
- Price / book
- 0.7 10-yr median 0.5
- EV / EBITDA
- — 10-yr median 4.4
- Dividend yield
- 5.00% $0.56 a year
- Beta
- 0.77
MFIN key metrics, 2016–2025
Fiscal year ended December 31, 2025 · U.S. dollarsMFIN valuation Price multiples at each fiscal year-end price.
MFIN returns How much profit the business earns on the capital it uses.
MFIN per-share figures Results divided by the shares outstanding at year-end.
MFIN financial health Debt, liquidity and how easily interest is covered.
MFIN efficiency & capital use Working capital cycle and where the cash goes.
MFIN valuation history
MFIN returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
MFIN debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
MFIN cash returned to shareholders
MFIN price vs earnings per share
MFIN key metrics
2016–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $249.5M | $221.7M | $229.0M | $170.8M | $144.7M | $119.8M | $177.0M | $113.6M | $84.9M | $73.0M |
| Enterprise value | $304.0M | $409.1M | $375.2M | $319.1M | $269.6M | $275.3M | $340.9M | $258.4M | $566.5M | $570.1M |
| P/E ratio | 5.8 | 6.2 | 4.2 | 3.9 | 2.7 | — | — | — | 305.4 | 3.1 |
| Price / sales | 0.7 | 0.8 | 0.9 | 0.9 | 0.8 | 0.8 | 1.3 | 1.0 | 4.4 | 0.7 |
| Price / book | 0.6 | 0.6 | 0.7 | 0.6 | 0.5 | 0.5 | 0.7 | 0.4 | 0.3 | 0.3 |
| Price / free cash flow | 2.0 | 1.9 | 2.0 | 1.6 | 1.8 | 1.5 | 2.7 | 1.7 | 6.4 | 1.2 |
| Price / operating cash flow | 2.0 | 1.9 | 2.0 | 1.6 | 1.8 | 1.5 | 2.7 | 1.7 | 6.4 | 1.2 |
| EV / sales | 0.9 | 1.4 | 1.5 | 1.6 | 1.5 | 1.8 | 2.4 | 2.3 | 29.2 | 5.4 |
| EV / EBITDA | 1.6 | 5.9 | 4.3 | 4.4 | 3.2 | — | 34.7 | — | — | 8.2 |
| EV / free cash flow | 2.4 | 3.5 | 3.3 | 2.9 | 3.4 | 3.5 | 5.2 | 3.9 | 42.5 | 9.3 |
| Earnings yield | 17.3% | 16.2% | 24.1% | 25.7% | 37.4% | −29.0% | −1.0% | −22.1% | 0.3% | 32.2% |
| Free cash flow yield | 50.6% | 52.1% | 49.7% | 63.7% | 54.4% | 65.7% | 36.7% | 58.6% | 15.7% | 84.4% |
| Dividend yield | 4.4% | 4.2% | 3.4% | 4.4% | 5.2% | 6.3% | 4.3% | 0.1% | 0.2% | 20.0% |
| Shareholder yield (dividends + buybacks) | 4.8% | 6.3% | 128.1% | 16.5% | 5.2% | 6.3% | 4.3% | 0.1% | 0.2% | 22.0% |
| Share price at fiscal year-end | $10.29 | $9.39 | $9.85 | $7.14 | $5.80 | $4.90 | $7.27 | $4.69 | $3.53 | $3.02 |
| Per share | ||||||||||
| Revenue per share | $14.57 | $12.36 | $10.95 | $8.29 | $7.18 | $6.19 | $5.80 | $4.59 | $0.81 | $4.34 |
| Earnings per share | $1.78 | $1.52 | $2.37 | $1.83 | $2.17 | −$1.42 | −$0.07 | −$1.03 | $0.01 | $0.97 |
| Operating cash flow per share | $5.21 | $4.89 | $4.89 | $4.54 | $3.16 | $3.22 | $2.67 | $2.75 | $0.55 | $2.55 |
| Free cash flow per share | $5.21 | $4.89 | $4.89 | $4.54 | $3.16 | $3.22 | $2.67 | $2.75 | $0.55 | $2.55 |
| Cash per share | $10.79 | $4.29 | $4.60 | $3.41 | $4.26 | $4.03 | $2.62 | $2.86 | $0.53 | $0.87 |
| Book value per share | $16.85 | $15.68 | $14.75 | $12.61 | $11.51 | $9.47 | $10.81 | $10.84 | $11.94 | $11.84 |
| Tangible book value per share | $9.90 | $8.48 | $7.38 | $5.39 | $4.52 | $1.21 | $2.46 | $2.39 | $11.94 | $11.84 |
| Dividends per share | $0.45 | $0.40 | $0.33 | $0.32 | $0.30 | $0.31 | $0.31 | $0.00 | $0.01 | $0.60 |
| Capex per share | $0.00 | $0.00 | $0.00 | $0.00 | $11.88 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Debt per share | $13.04 | $12.23 | $10.89 | $9.61 | $9.27 | $10.39 | $9.35 | $8.84 | $20.55 | $21.43 |
| Shares outstanding | 24.2M | 23.6M | 23.2M | 23.9M | 24.9M | 24.4M | 24.3M | 24.2M | 24.1M | 24.2M |
| Change in shares outstanding | +2.7% | +1.5% | −2.8% | −4.1% | +2.0% | +0.4% | +0.5% | +0.7% | −0.5% | −0.9% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | 11.1% | 10.1% | 17.1% | 14.9% | 20.9% | −14.1% | −0.7% | −9.1% | 0.1% | 8.3% |
| Return on invested capital (ROIC) | 24.2% | 8.0% | 13.0% | 11.6% | 14.4% | −7.2% | 0.5% | −1.4% | −0.8% | 4.3% |
| Return on assets (ROA) | 1.5% | 1.3% | 2.3% | 2.1% | 3.1% | −2.2% | −0.1% | −2.5% | 0.0% | 3.4% |
| Return on tangible assets | 1.5% | 1.3% | 2.3% | 2.1% | 3.2% | −2.4% | −0.1% | −2.1% | 0.0% | 3.4% |
| Free cash flow margin | 35.7% | 39.6% | 44.7% | 54.8% | 43.9% | 52.0% | 46.0% | 59.9% | 68.6% | 58.7% |
| Income quality (OCF / net income) | 2.93 | 3.22 | 2.07 | 2.48 | 1.45 | — | — | — | 47.92 | 2.62 |
| Financial health | ||||||||||
| Total debt | $316.3M | $288.6M | $253.1M | $229.9M | $231.2M | $254.1M | $227.7M | $214.0M | $494.2M | $518.1M |
| Cash & short-term investments | $261.7M | $101.2M | $106.9M | $81.7M | $106.3M | $98.5M | $63.7M | $69.2M | $12.7M | $21.0M |
| Net debt | $54.5M | $187.4M | $146.2M | $148.3M | $125.0M | $155.5M | $163.9M | $144.8M | $481.5M | $497.1M |
| Debt / equity | 0.77 | 0.78 | 0.74 | 0.76 | 0.81 | 1.10 | 0.87 | 0.81 | 1.72 | 1.81 |
| Debt / assets | 0.11 | 0.10 | 0.10 | 0.10 | 0.12 | 0.15 | 0.15 | 0.15 | 0.78 | 0.75 |
| Net debt / EBITDA | 0.29 | 2.71 | 1.66 | 2.03 | 1.49 | — | 16.67 | — | — | 7.11 |
| Current ratio | 27.10 | 0.05 | 0.06 | 0.06 | 0.09 | 0.09 | 0.07 | 0.08 | 30.63 | 12.71 |
| Quick ratio | 27.10 | 0.05 | 0.01 | −1.07 | −0.01 | −0.01 | −0.01 | 0.08 | 30.63 | 12.71 |
| Interest coverage | 1.8 | 0.7 | 1.4 | 1.9 | 2.6 | -1.1 | 0.1 | -0.4 | -0.6 | 5.5 |
| Working capital | $2.62B | −$2.05B | −$1.79B | −$1.54B | −$1.15B | −$1.06B | −$936.6M | −$849.3M | $614.5M | $634.9M |
| Invested capital | $463.1M | $557.6M | $489.2M | $450.0M | $412.0M | $386.9M | $427.1M | $407.4M | $768.7M | $783.2M |
| Tangible asset value | $339.5M | $269.0M | $240.4M | $197.7M | $181.5M | $102.7M | $131.1M | $85.4M | $287.2M | $286.1M |
| Net current asset value | $270.6M | −$2.31B | −$2.05B | −$1.79B | −$1.40B | −$1.23B | −$1.13B | −$1.02B | $286.9M | $285.8M |
| Graham number | $25.94 | $23.16 | $28.04 | $22.80 | $23.70 | — | — | — | $1.76 | $16.09 |
| Graham net-net per share | −$14.16 | −$98.09 | −$86.25 | −$36.41 | −$53.50 | −$47.79 | −$45.02 | −$42.00 | −$13.94 | −$15.79 |
| Capital allocation | ||||||||||
| Dividends paid | $11.0M | $9.4M | $7.7M | $7.5M | $7.5M | $7.5M | $7.5M | $66,000 | $145,000 | $14.6M |
| Share buybacks (net) | $986,000 | $4.6M | $285.7M | $20.6M | $0 | $0 | — | $0 | $0 | $1.5M |
| Dividend payout ratio | 25.5% | 26.2% | 14.0% | 17.2% | 13.9% | — | — | — | 52.2% | 62.0% |
| Dividends + buybacks / free cash flow | 9.5% | 12.1% | 257.9% | 25.9% | 9.6% | 9.6% | 11.6% | 0.1% | 1.1% | 26.1% |
| Capex / revenue | 0.0% | 0.0% | 0.0% | 0.0% | 165.4% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Capex / operating cash flow | 0.0% | 0.0% | 0.0% | 0.0% | 376.4% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Capex / depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 169.82 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Stock-based compensation / revenue | 1.9% | 2.1% | 1.9% | 1.8% | 1.3% | 1.3% | 0.9% | 0.5% | 4.0% | 0.5% |
| R&D / revenue | — | — | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| SG&A / revenue | 1.4% | 14.1% | 15.7% | 16.9% | 19.0% | 20.5% | 21.4% | 24.2% | 48.0% | 3.2% |
| Efficiency | ||||||||||
| Days sales outstanding | 1,277.8 | 19.8 | 20.7 | 24.1 | 24.0 | 26.9 | 22.7 | 13.1 | 12.4 | 3.1 |
| Days of inventory on hand | — | — | 3,546.3 | 5,474.0 | 1,327.4 | 358.4 | 354.4 | — | — | — |
| Days payables outstanding | 862.0 | 72.2 | 109.9 | 117.0 | 176.0 | 63.4 | 91.2 | 64.4 | 218.8 | 212.7 |
| Cash conversion cycle (days) | 415.8 | -52.4 | 3,457.1 | 5,381.0 | 1,175.4 | 321.9 | 285.9 | -51.3 | -206.5 | -209.6 |
| Receivables turnover | 0.29 | 18.44 | 17.60 | 15.17 | 15.22 | 13.59 | 16.06 | 27.90 | 29.51 | 118.33 |
| Payables turnover | 0.42 | 5.06 | 3.32 | 3.12 | 2.07 | 5.76 | 4.00 | 5.67 | 1.67 | 1.72 |
| Inventory turnover | — | — | 0.10 | 0.07 | 0.27 | 1.02 | 1.03 | — | — | — |
| Asset turnover | 0.12 | 0.11 | 0.11 | 0.10 | 0.10 | 0.10 | 0.10 | 0.11 | 0.03 | 0.15 |
| Average receivables | $1.24B | $15.8M | $14.5M | $13.1M | $11.8M | $11.1M | $8.8M | $4.0M | $658,000 | $886,000 |
| Average payables | $27.2M | $32.6M | $30.3M | $21.2M | $17.2M | $18.1M | $20.6M | $15.4M | $8.3M | $7.4M |
| Average inventory | — | — | $978.9M | $993.5M | $130.1M | $102.1M | $80.0M | — | — | — |
| Intangibles / total assets | 5.7% | 5.9% | 6.6% | 7.6% | 9.3% | 12.3% | 13.2% | 14.8% | 0.0% | 0.0% |
Computed from MFIN's annual financial statements (latest annual report filed March 10, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
MFIN valuation and financial ratios
At the end of fiscal 2025 (December 31, 2025), Medallion Financial traded at 5.8 times earnings, against a 10-year median of 4.2. Based on the latest twelve months, the trailing P/E is 8.4 and the forward P/E is 7.7. Medallion Financial earned a return on equity of 11.1% and a return on invested capital of 24.2% in fiscal 2025. It ended the year with $316.3 million of debt and $261.7 million in cash and short-term investments, net debt of $54.5 million. It returned $12.0 million to shareholders: $11.0 million in dividends and $1.0 million in share buybacks, 9% of free cash flow.
See the MFIN income statement, the MFIN chart for price history, or the MFIN stock overview for the latest quote and news.
MFIN key metrics FAQ
What is Medallion Financial's P/E ratio?
Medallion Financial's trailing P/E ratio is 8.4 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 7.7. At the end of fiscal 2025 it was 5.8, compared with a 10-year median of 4.2.
What is Medallion Financial's EV/EBITDA?
Medallion Financial's enterprise value was 1.6 times EBITDA at the end of fiscal 2025 (enterprise value $304.0 million, EBITDA $186.6 million).
What is Medallion Financial's return on equity?
Medallion Financial's return on equity (ROE) was 11.1% in fiscal 2025: net income of $43.0 million on average shareholders' equity of $389.4 million.
What is Medallion Financial's ROIC?
Medallion Financial's return on invested capital was 24.2% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Medallion Financial have?
Medallion Financial had total debt of $316.3 million at the end of fiscal 2025, a debt-to-equity ratio of 0.77 and $54.5 million of net debt (0.29 times EBITDA).
What is Medallion Financial's dividend yield?
Medallion Financial's forward dividend yield is 5.00%. Medallion Financial paid $11.0 million in dividends in fiscal 2025 ($0.45 per share), a payout ratio of 25.5%.
Does Medallion Financial buy back its shares?
Yes. Medallion Financial spent $1.0 million on net share repurchases in fiscal 2025 Shares outstanding changed +2.7% over the year, to 24.2M..
What is Medallion Financial's free cash flow yield?
Medallion Financial generated $126.3 million of free cash flow in fiscal 2025, a free cash flow yield of 50.6% on its market value at year-end ($249.5 million).
What is Medallion Financial's current ratio?
Medallion Financial's current ratio was 27.10 at the end of fiscal 2025: current assets were 27.10 times current liabilities.