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Incentive Fee Expense at other companies

FS KKR Capital Corp. logo
FS KKR Capital Corp.FSK
$25M-35.9%
Prospect Capital logo
Prospect CapitalPSEC
$2.3M-45.3%
Bain Capital Specialty Finance logo
Bain Capital Specialty FinanceBCSF
$5.62M+153%
Barings BDC logo
Barings BDCBBDC
$4.72M-39.0%
Goldman Sachs BDC logo
Goldman Sachs BDCGSBD
$12.44M+82.8%
Kayne Anderson BDC logo
Kayne Anderson BDCKBDC
$3.11M-30.7%

Other financials

Income statement

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Net income-$26.9M-189%

Balance sheet

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Cash & equivalents$42.7M-49.8%
Total debt$1.9B-3.4%
Total equity$1.2B+1,161%
Total assets$3.1B-8.5%

Cash flow

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Operating cash flow$169.4M+229%

Valuation

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Market cap$807.25M-29.7%
Enterprise value$2.63B-12.1%
P/E16.5×-0.6×

Returns & leverage

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Return on equity106.9%-29.0pp
Debt / equity1.6×-19.2×

Where this comes from

Reported directly by MidCap Financial Investment Corporation in its filing.

Tagged under the XBRL concept us-gaap:IncentiveFeeExpense.

The official record: MidCap Financial Investment Corporation’s 10-K, filed February 26, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is MidCap Financial Investment Corporation's incentive fee expense?
MidCap Financial Investment Corporation (MFIC) reported incentive fee expense of $0 in Q4 2025.
How has MidCap Financial Investment Corporation's incentive fee expense changed year-over-year?
MidCap Financial Investment Corporation's incentive fee expense decreased by 100.0% year-over-year, from $5.34M to $0.
What is the long-term trend for MidCap Financial Investment Corporation's incentive fee expense?
Over 3 years (2022 to 2025), MidCap Financial Investment Corporation's incentive fee expense has grown at a 11.3% compound annual growth rate (CAGR), from $11.68M to $16.1M.
What does incentive fee expense mean?
Performance-based compensation paid to the investment advisor, typically triggered when investment returns exceed specific hurdle rates. It aligns the interests of the manager with shareholders but represents a significant variable cost that impacts net profitability.