Prospect Capital Corporation (PSEC) Key Metrics
PSEC valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $854.1M
- Enterprise value
- $4.22B
- P/E (TTM)
- 26.7 10-yr median 8.1
- Forward P/E
- 9.4
- PEG ratio
- 1.55
- Price / sales
- 1.3 10-yr median 5.0
- Price / book
- 0.4 10-yr median 0.7
- EV / EBITDA
- 9.4 10-yr median 17.7
- Dividend yield
- 26.25% $0.42 a year
- Beta
- 0.81
PSEC key metrics, FY2017–FY2026
Fiscal year ended June 30, 2026 · U.S. dollarsPSEC valuation Price multiples at each fiscal year-end price.
PSEC returns How much profit the business earns on the capital it uses.
PSEC per-share figures Results divided by the shares outstanding at year-end.
PSEC financial health Debt, liquidity and how easily interest is covered.
PSEC efficiency & capital use Working capital cycle and where the cash goes.
PSEC valuation history
PSEC returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
PSEC debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
PSEC cash returned to shareholders
PSEC price vs earnings per share
PSEC key metrics
FY2017–FY2026| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $1.11B | $1.40B | $2.31B | $2.47B | $3.03B | $3.24B | $1.88B | $2.39B | $2.43B | $2.91B |
| Enterprise value | $2.93B | $3.44B | $4.66B | $4.97B | $5.74B | $5.41B | $3.97B | $5.41B | $5.46B | $6.18B |
| P/E ratio | 7.2 | — | 8.8 | — | 5.2 | 3.4 | — | 16.5 | 8.1 | 11.5 |
| Price / sales | 1.7 | — | 4.9 | 28.3 | 4.1 | 3.2 | 99.1 | 12.8 | 5.0 | 6.4 |
| Price / book | 0.2 | 0.5 | 0.6 | 0.7 | 0.7 | 0.8 | 0.6 | 0.7 | 0.7 | 0.9 |
| Price / free cash flow | 2.1 | 2.7 | 8.3 | — | — | 104.4 | 4.4 | 10.7 | 6.6 | 7.7 |
| Price / operating cash flow | 2.1 | 2.7 | 8.3 | — | — | 104.4 | 4.4 | 10.7 | 6.6 | 7.7 |
| EV / sales | 4.6 | — | 10.0 | 56.9 | 7.8 | 5.3 | 209.4 | 29.0 | 11.2 | 13.6 |
| EV / EBITDA | 10.3 | — | 17.7 | — | 9.8 | 5.7 | — | 17.9 | 18.2 | 24.4 |
| EV / free cash flow | 5.7 | 6.6 | 16.7 | — | — | 174.3 | 9.3 | 24.1 | 14.8 | 16.4 |
| Earnings yield | 13.9% | −33.6% | 11.4% | −4.1% | 19.2% | 29.8% | −0.9% | 6.0% | 12.4% | 8.7% |
| Free cash flow yield | 46.6% | 37.4% | 12.1% | −8.9% | −26.2% | 1.0% | 22.8% | 9.4% | 15.2% | 12.9% |
| Dividend yield | 30.3% | 23.7% | 15.6% | 12.1% | 8.9% | 6.0% | 12.8% | 10.3% | 10.6% | 11.4% |
| Shareholder yield (dividends + buybacks) | 31.3% | 23.9% | 16.1% | 12.1% | 8.9% | 9.9% | 12.8% | 10.3% | 10.6% | 11.4% |
| Share price at fiscal year-end | $2.31 | $3.18 | $5.53 | $6.20 | $6.99 | $8.39 | $5.11 | $6.53 | $6.71 | $8.12 |
| Per share | ||||||||||
| Revenue per share | $1.33 | $0.00 | $1.12 | $0.22 | $1.71 | $2.64 | $0.05 | $0.51 | $1.35 | $1.27 |
| Earnings per share | $0.32 | −$1.07 | $0.63 | −$0.26 | $1.34 | $2.50 | −$0.04 | $0.39 | $0.83 | $0.70 |
| Operating cash flow per share | $1.08 | $1.19 | $0.67 | −$0.55 | −$1.83 | $0.08 | $1.17 | $0.61 | $1.02 | $1.05 |
| Free cash flow per share | $1.08 | $1.19 | $0.67 | −$0.55 | −$1.83 | $0.08 | $1.17 | $0.61 | $1.02 | $1.05 |
| Cash per share | $0.09 | $0.11 | $0.20 | $0.23 | $0.07 | $0.16 | $0.12 | $0.29 | $0.23 | $0.89 |
| Book value per share | $9.38 | $6.79 | $8.88 | $9.37 | $9.50 | $10.22 | $8.30 | $9.03 | $9.43 | $9.35 |
| Tangible book value per share | $9.38 | $6.79 | $8.88 | $9.37 | $9.50 | $10.22 | $8.30 | $9.03 | $9.43 | $9.35 |
| Dividends per share | $0.70 | $0.75 | $0.86 | $0.75 | $0.62 | $0.51 | $0.65 | $0.67 | $0.71 | $0.93 |
| Capex per share | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Debt per share | $3.88 | $4.74 | $5.82 | $6.49 | $6.31 | $5.79 | $5.81 | $8.53 | $8.63 | $9.98 |
| Shares outstanding | 479.9M | 440.3M | 417.9M | 398.5M | 433.8M | 386.0M | 368.1M | 366.0M | 361.5M | 358.8M |
| Change in shares outstanding | +9.0% | +5.4% | +4.9% | −8.1% | +12.4% | +4.9% | +0.6% | +1.3% | +0.7% | +0.8% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | 4.1% | −14.0% | 7.1% | −2.6% | 14.4% | 27.5% | −0.5% | 4.3% | 8.9% | 7.4% |
| Return on invested capital (ROIC) | 4.5% | −6.7% | 2.1% | −1.2% | 9.0% | 17.1% | −0.2% | 4.7% | 4.6% | 3.7% |
| Return on assets (ROA) | 2.3% | −6.4% | 3.3% | −1.3% | 8.3% | 16.6% | −0.3% | 2.5% | 5.0% | 4.1% |
| Return on tangible assets | 2.4% | −6.9% | 3.3% | −1.3% | 7.6% | 15.3% | −0.3% | 2.5% | 5.1% | 4.1% |
| Free cash flow margin | 80.7% | — | 59.9% | −253.0% | −107.5% | 3.0% | — | 120.0% | 75.5% | 82.6% |
| Income quality (OCF / net income) | 3.36 | — | 1.07 | — | −1.37 | 0.03 | — | 1.55 | 1.23 | 1.49 |
| Financial health | ||||||||||
| Total debt | $1.86B | $2.09B | $2.43B | $2.58B | $2.74B | $2.23B | $2.14B | $3.12B | $3.12B | $3.58B |
| Cash & short-term investments | $43.6M | $46.5M | $81.9M | $90.6M | $31.2M | $63.6M | $44.6M | $107.1M | $83.8M | $318.1M |
| Net debt | $1.82B | $2.04B | $2.35B | $2.49B | $2.71B | $2.17B | $2.09B | $3.02B | $3.04B | $3.26B |
| Debt / equity | 0.41 | 0.70 | 0.66 | 0.69 | 0.66 | 0.57 | 0.70 | 0.94 | 0.92 | 1.07 |
| Debt / assets | 0.29 | 0.31 | 0.31 | 0.33 | 0.36 | 0.35 | 0.40 | 0.54 | 0.53 | 0.58 |
| Net debt / EBITDA | 6.41 | — | 8.95 | — | 4.65 | 2.27 | — | 10.00 | 10.13 | 12.90 |
| Current ratio | 0.11 | 0.51 | 0.68 | 0.77 | 0.29 | 1.78 | 1.14 | 2.44 | 0.45 | 0.15 |
| Quick ratio | 0.11 | 0.51 | 65.63 | 0.77 | 0.29 | 1.78 | 1.14 | 2.44 | 106.96 | 0.15 |
| Interest coverage | 2.5 | -3.6 | 1.8 | -0.7 | 5.0 | 7.4 | -0.1 | 1.9 | 1.9 | 1.8 |
| Working capital | −$335.3M | −$46.0M | −$38.4M | −$28.0M | −$78.5M | $39.5M | $7.2M | $80.8M | −$30.8M | −$58.1M |
| Invested capital | $6.32B | $5.03B | $6.06B | $6.23B | $6.83B | $6.11B | $5.15B | $6.32B | $6.44B | $6.62B |
| Tangible asset value | $4.50B | $2.99B | $3.71B | $3.73B | $4.12B | $3.95B | $3.06B | $3.31B | $3.41B | $3.35B |
| Net current asset value | −$1.90B | −$3.77B | −$4.06B | −$4.04B | −$3.51B | −$2.27B | −$2.19B | −$2.36B | −$2.41B | −$2.81B |
| Graham number | $8.22 | — | $11.21 | — | $16.94 | $23.97 | — | $8.96 | $13.26 | $12.18 |
| Graham net-net per share | −$3.96 | −$8.46 | −$19.11 | −$10.09 | −$8.08 | −$5.89 | −$5.95 | −$6.46 | −$14.64 | −$6.94 |
| Capital allocation | ||||||||||
| Dividends paid | $335.5M | $332.4M | $360.3M | $299.1M | $270.3M | $195.6M | $240.0M | $245.1M | $255.9M | $333.6M |
| Share buybacks (net) | $10.9M | $2.2M | $11.3M | $580,000 | $0 | $125.9M | — | — | $0 | $0 |
| Dividend payout ratio | 218.4% | — | 137.1% | — | 46.4% | 20.3% | — | 169.6% | 85.3% | 131.9% |
| Dividends + buybacks / free cash flow | 67.1% | 63.9% | 132.7% | — | — | — | 55.9% | 109.5% | 69.3% | 88.7% |
| Capex / revenue | 0.0% | — | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Capex / operating cash flow | 0.0% | 0.0% | 0.0% | — | — | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Capex / depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | — | 0.00 | — | 0.00 | 0.00 |
| R&D / revenue | — | — | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| SG&A / revenue | 28.6% | — | 9.4% | 46.5% | 4.0% | 2.9% | 171.2% | 18.0% | 5.4% | 7.0% |
| Efficiency | ||||||||||
| Days sales outstanding | — | — | 20.8 | 79.5 | 9.7 | 6.9 | 410.7 | 53.4 | 13.2 | 9.1 |
| Days of inventory on hand | — | — | -9,827.3 | 0.0 | — | — | 0.0 | -3,030.9 | -6,971.6 | 0.0 |
| Days payables outstanding | 107.0 | 127.7 | 125.6 | 128.1 | 157.0 | 1,040.1 | 111.0 | 57.2 | 146.2 | 177.5 |
| Cash conversion cycle (days) | — | — | -9,932.2 | -48.6 | -147.3 | -1,033.2 | 299.7 | -3,034.7 | -7,104.7 | -168.4 |
| Receivables turnover | — | 0.00 | 17.57 | 4.59 | 37.79 | 53.01 | 0.89 | 6.84 | 27.72 | 39.97 |
| Payables turnover | 3.41 | 2.86 | 2.91 | 2.85 | 2.33 | 0.35 | 3.29 | 6.38 | 2.50 | 2.06 |
| Inventory turnover | — | — | — | 148,204,000.00 | — | — | 176,967,000.00 | — | — | 143,088,000.00 |
| Asset turnover | 0.10 | 0.00 | 0.06 | 0.01 | 0.11 | 0.18 | 0.00 | 0.03 | 0.08 | 0.07 |
| Average receivables | — | $44.6M | $26.6M | $19.0M | $19.6M | $19.2M | $21.4M | $27.3M | $17.6M | $11.4M |
| Average payables | $38.1M | $45.5M | $50.4M | $52.0M | $50.5M | $51.1M | $53.8M | $55.9M | $62.1M | $69.6M |
| Average inventory | — | — | −$3.94B | $1 | — | — | $1 | −$2.96B | −$2.96B | $1 |
| Intangibles / total assets | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Computed from PSEC's annual financial statements (latest annual report filed August 20, 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.
PSEC valuation and financial ratios
At the end of fiscal 2026 (June 30, 2026), Prospect Capital traded at 7.2 times earnings, against a 10-year median of 8.1. Based on the latest twelve months, the trailing P/E is 26.7 and the forward P/E is 9.4. Prospect Capital earned a return on equity of 4.1% and a return on invested capital of 4.5% in fiscal 2026. It ended the year with $1.9 billion of debt and $43.6 million in cash and short-term investments, net debt of $1.8 billion. It returned $346.4 million to shareholders: $335.5 million in dividends and $10.9 million in share buybacks, 67% of free cash flow. The share count rose 33.7% from 358.8M to 479.9M over 9 years.
See the PSEC income statement, the PSEC chart for price history, or the PSEC stock overview for the latest quote and news.
PSEC key metrics FAQ
What is Prospect Capital's P/E ratio?
Prospect Capital's trailing P/E ratio is 26.7 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 9.4. At the end of fiscal 2026 it was 7.2, compared with a 10-year median of 8.1.
What is Prospect Capital's EV/EBITDA?
Prospect Capital's enterprise value was 10.3 times EBITDA at the end of fiscal 2026 (enterprise value $2.9 billion, EBITDA $283.5 million); the current EV/EBITDA is 9.4.
What is Prospect Capital's return on equity?
Prospect Capital's return on equity (ROE) was 4.1% in fiscal 2026: net income of $153.7 million on average shareholders' equity of $3.7 billion.
What is Prospect Capital's ROIC?
Prospect Capital's return on invested capital was 4.5% in fiscal 2026, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Prospect Capital have?
Prospect Capital had total debt of $1.9 billion at the end of fiscal 2026, a debt-to-equity ratio of 0.41 and $1.8 billion of net debt (6.41 times EBITDA).
What is Prospect Capital's dividend yield?
Prospect Capital's forward dividend yield is 26.25%. Prospect Capital paid $335.5 million in dividends in fiscal 2026 ($0.70 per share), a payout ratio of 218.4%.
Does Prospect Capital buy back its shares?
Yes. Prospect Capital spent $10.9 million on net share repurchases in fiscal 2026 Shares outstanding changed +9.0% over the year, to 479.9M..
What is Prospect Capital's free cash flow yield?
Prospect Capital generated $516.3 million of free cash flow in fiscal 2026, a free cash flow yield of 46.6% on its market value at year-end ($1.1 billion).
What is Prospect Capital's current ratio?
Prospect Capital's current ratio was 0.11 at the end of fiscal 2026: current assets were 0.11 times current liabilities.