XAI Octagon Floating Rate & Alternative Income Term Trust (XFLT) Key Metrics
XFLT valuation today
Trailing 12 months · as of October 17, 2026- Market cap
- $277.4M
- Enterprise value
- $0
- P/E (TTM)
- — 10-yr median 6.2
- Forward P/E
- —
- PEG ratio
- —
- Price / sales
- 14.1 10-yr median 5.4
- Price / book
- 0.9 10-yr median 0.9
- EV / EBITDA
- — 10-yr median 9.0
- Dividend yield
- 14.83% $2.70 a year
- Beta
- —
XFLT key metrics, FY2018–FY2025
Fiscal year ended September 30, 2025 · U.S. dollarsXFLT valuation Price multiples at each fiscal year-end price.
XFLT returns How much profit the business earns on the capital it uses.
XFLT per-share figures Results divided by the shares outstanding at year-end.
XFLT financial health Debt, liquidity and how easily interest is covered.
XFLT efficiency & capital use Working capital cycle and where the cash goes.
XFLT valuation history
XFLT returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
XFLT debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
XFLT cash returned to shareholders
XFLT price vs earnings per share
XFLT key metrics
FY2018–FY2025| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||
| Market capitalization | $403.6M | $330.0M | $265.6M | $199.9M | $140.3M | — | — | — |
| Enterprise value | $598.0M | $606.7M | $414.7M | $311.6M | $233.4M | — | — | — |
| P/E ratio | 40.8 | 6.8 | 5.7 | — | 4.0 | — | — | — |
| Price / sales | 12.4 | 5.7 | 5.0 | — | 3.7 | — | — | — |
| Price / book | 0.9 | 0.7 | 0.9 | 0.9 | 0.6 | — | — | — |
| Price / free cash flow | 9.5 | — | — | — | — | — | — | — |
| Price / operating cash flow | 7.3 | — | — | — | — | — | — | — |
| EV / sales | 18.4 | 10.5 | 7.8 | — | 6.1 | — | — | — |
| EV / EBITDA | 60.5 | 9.1 | 8.9 | — | 6.6 | — | — | — |
| EV / free cash flow | 14.1 | — | — | — | — | — | — | — |
| Earnings yield | 2.4% | 14.8% | 17.6% | −18.4% | 25.3% | — | — | — |
| Free cash flow yield | 10.5% | −55.2% | −26.8% | −37.0% | −139.7% | — | — | — |
| Dividend yield | 16.3% | 14.9% | 12.1% | 12.3% | 9.8% | — | — | — |
| Shareholder yield (dividends + buybacks) | 16.3% | 14.9% | 12.1% | 12.3% | 9.8% | — | — | — |
| Share price at fiscal year-end | $26.50 | $34.10 | $34.75 | $29.70 | $42.90 | $29.95 | $44.75 | $49.00 |
| Per share | ||||||||
| Revenue per share | $2.13 | $5.96 | $6.93 | $0.00 | $11.73 | — | — | — |
| Earnings per share | $0.65 | $5.05 | $6.10 | −$5.45 | $10.85 | — | — | — |
| Operating cash flow per share | $3.61 | −$18.81 | −$9.31 | −$10.98 | −$59.92 | — | — | — |
| Free cash flow per share | $2.79 | −$18.81 | −$9.31 | −$10.98 | −$59.92 | — | — | — |
| Cash per share | $0.45 | $0.82 | $0.16 | $0.17 | $1.44 | — | — | — |
| Book value per share | $29.23 | $47.22 | $39.02 | $33.70 | $66.84 | — | — | — |
| Tangible book value per share | $29.23 | $47.22 | $39.02 | $33.70 | $66.84 | — | — | — |
| Dividends per share | $4.31 | $5.07 | $4.22 | $3.64 | $4.20 | — | — | — |
| Capex per share | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — | — |
| Debt per share | $13.22 | $29.41 | $19.66 | $16.76 | $29.92 | — | — | — |
| Shares outstanding | 15.2M | 9.7M | 7.6M | 6.7M | 3.3M | — | — | — |
| Change in shares outstanding | +57.4% | +26.6% | +13.6% | +105.8% | — | — | — | — |
| Returns & profitability | ||||||||
| Return on equity (ROE) | 2.2% | 12.9% | 17.8% | −16.5% | 23.4% | −13.5% | −5.6% | 5.1% |
| Return on invested capital (ROIC) | 1.1% | 8.9% | 5.9% | −8.2% | 8.2% | −7.4% | −3.0% | 4.5% |
| Return on assets (ROA) | 1.3% | 7.3% | 9.8% | −9.2% | 13.7% | −8.6% | −3.4% | 3.1% |
| Return on tangible assets | 1.3% | 6.1% | 8.6% | −9.1% | 9.0% | −8.8% | −3.4% | 3.1% |
| Free cash flow margin | 130.8% | −315.4% | −134.3% | — | −510.6% | — | — | — |
| Income quality (OCF / net income) | 5.57 | −3.72 | −1.53 | — | −5.52 | — | — | −28.35 |
| Financial health | ||||||||
| Total debt | $201.3M | $284.6M | $150.3M | $112.8M | $97.8M | $35.6M | $38.9M | $38.7M |
| Cash & short-term investments | $6.9M | $7.9M | $1.2M | $1.1M | $4.7M | $1.3M | $459,879 | $494,705 |
| Net debt | $194.4M | $276.7M | $149.1M | $111.7M | $93.1M | $34.3M | $38.5M | $38.3M |
| Debt / equity | 0.45 | 0.62 | 0.50 | 0.50 | 0.45 | 0.42 | 0.49 | 0.49 |
| Debt / assets | 0.27 | 0.36 | 0.28 | 0.28 | 0.25 | 0.29 | 0.30 | 0.30 |
| Net debt / EBITDA | 19.67 | 4.17 | 3.20 | — | 2.62 | — | — | 7.18 |
| Current ratio | 0.81 | 0.14 | 0.60 | 0.95 | 0.24 | 0.78 | 0.58 | 0.76 |
| Quick ratio | 0.81 | 0.14 | −0.29 | −0.21 | −0.66 | −0.71 | −0.49 | 0.76 |
| Interest coverage | 0.8 | 5.4 | 6.1 | -11.9 | 36.9 | -11.5 | -3.0 | 4.1 |
| Working capital | −$5.0M | −$49.5M | −$15.0M | −$730,180 | −$27.7M | −$717,592 | −$5.5M | −$2.4M |
| Invested capital | $639.6M | $733.6M | $447.3M | $338.5M | $311.7M | $119.3M | $117.2M | $117.6M |
| Tangible asset value | $445.2M | $456.9M | $298.3M | $226.8M | $218.6M | $85.0M | $78.7M | $79.3M |
| Net current asset value | −$272.6M | −$335.7M | −$222.7M | −$163.4M | −$165.6M | −$36.9M | −$44.8M | −$41.5M |
| Graham number | $20.66 | $73.25 | $73.18 | — | $127.74 | — | — | — |
| Graham net-net per share | −$18.16 | −$33.05 | −$27.65 | −$23.44 | −$45.95 | — | — | — |
| Capital allocation | ||||||||
| Dividends paid | $65.7M | $49.1M | $32.2M | $24.5M | $13.7M | $9.3M | $7.2M | $5.7M |
| Dividend payout ratio | 664.5% | 100.4% | 69.1% | — | 38.7% | — | — | 142.9% |
| Dividends + buybacks / free cash flow | 154.5% | — | — | — | — | — | — | — |
| Capex / revenue | 0.0% | 0.0% | 0.0% | — | 0.0% | — | — | 0.0% |
| Capex / operating cash flow | 0.0% | — | — | — | — | — | — | — |
| Capex / depreciation | — | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| R&D / revenue | — | — | 0.0% | — | 0.0% | — | — | — |
| SG&A / revenue | 7.4% | 3.8% | 3.2% | — | 3.6% | — | — | 19.3% |
| Efficiency | ||||||||
| Days sales outstanding | 193.0 | 133.0 | 119.0 | — | 24.5 | — | — | 575.7 |
| Days of inventory on hand | — | — | 1,046.6 | 1,099.6 | 1,420.0 | 1,180.8 | 2,508.3 | — |
| Days payables outstanding | 1,172.5 | 1,399.4 | 1,054.8 | 1,123.9 | 1,498.1 | 1,025.8 | 2,097.7 | — |
| Cash conversion cycle (days) | -979.6 | -1,266.4 | 110.8 | — | -53.6 | — | — | — |
| Receivables turnover | 1.89 | 2.74 | 3.07 | 0.00 | 14.91 | 0.00 | 0.00 | 0.63 |
| Payables turnover | 0.31 | 0.26 | 0.35 | 0.32 | 0.24 | 0.36 | 0.17 | 0.00 |
| Inventory turnover | — | — | 0.35 | 0.33 | 0.26 | 0.31 | 0.15 | — |
| Asset turnover | 0.04 | 0.09 | 0.11 | 0.00 | 0.15 | 0.00 | 0.00 | 0.04 |
| Average receivables | $17.2M | $21.0M | $17.3M | $8.7M | $2.6M | $4.2M | $7.2M | $7.3M |
| Average payables | $41.6M | $46.7M | $25.8M | $25.9M | $19.8M | $8.2M | $11.7M | $10.2M |
| Average inventory | — | — | $25.6M | $25.3M | $18.7M | $9.4M | $13.9M | — |
| Intangibles / total assets | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Computed from XFLT's annual financial statements (latest annual report filed October 23, 2025) 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.
XFLT valuation and financial ratios
At the end of fiscal 2025 (September 30, 2025), XAI Octagon Floating Rate & Alternative Income Term traded at 40.8 times earnings, against a 8-year median of 6.2. XAI Octagon Floating Rate & Alternative Income Term earned a return on equity of 2.2% and a return on invested capital of 1.1% in fiscal 2025. It ended the year with $201.3 million of debt and $6.9 million in cash and short-term investments, net debt of $194.4 million. It returned $65.7 million to shareholders: $65.7 million in dividends and $0 in share buybacks, 155% of free cash flow.
See the XFLT income statement, the XFLT chart for price history, or the XFLT stock overview for the latest quote and news.
XFLT key metrics FAQ
What is XAI Octagon Floating Rate & Alternative Income Term's P/E ratio?
XAI Octagon Floating Rate & Alternative Income Term traded at 40.8 times earnings at the end of fiscal 2025.
What is XAI Octagon Floating Rate & Alternative Income Term's EV/EBITDA?
XAI Octagon Floating Rate & Alternative Income Term's enterprise value was 60.5 times EBITDA at the end of fiscal 2025 (enterprise value $598.0 million, EBITDA $9.9 million).
What is XAI Octagon Floating Rate & Alternative Income Term's return on equity?
XAI Octagon Floating Rate & Alternative Income Term's return on equity (ROE) was 2.2% in fiscal 2025: net income of $9.9 million on average shareholders' equity of $451.1 million.
What is XAI Octagon Floating Rate & Alternative Income Term's ROIC?
XAI Octagon Floating Rate & Alternative Income Term's return on invested capital was 1.1% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does XAI Octagon Floating Rate & Alternative Income Term have?
XAI Octagon Floating Rate & Alternative Income Term had total debt of $201.3 million at the end of fiscal 2025, a debt-to-equity ratio of 0.45 and $194.4 million of net debt (19.67 times EBITDA).
What is XAI Octagon Floating Rate & Alternative Income Term's dividend yield?
XAI Octagon Floating Rate & Alternative Income Term's forward dividend yield is 14.83%. XAI Octagon Floating Rate & Alternative Income Term paid $65.7 million in dividends in fiscal 2025 ($4.31 per share), a payout ratio of 664.5%.
What is XAI Octagon Floating Rate & Alternative Income Term's free cash flow yield?
XAI Octagon Floating Rate & Alternative Income Term generated $42.5 million of free cash flow in fiscal 2025, a free cash flow yield of 10.5% on its market value at year-end ($403.6 million).
What is XAI Octagon Floating Rate & Alternative Income Term's current ratio?
XAI Octagon Floating Rate & Alternative Income Term's current ratio was 0.81 at the end of fiscal 2025: current assets were 0.81 times current liabilities.