Prospect Capital Corporation

NasdaqGS:PSEC Stock Report

Market Cap: US$2.2b

Prospect Capital Past Earnings Performance

Past criteria checks 0/6

Prospect Capital's earnings have been declining at an average annual rate of -2.9%, while the Capital Markets industry saw earnings growing at 9.7% annually. Revenues have been growing at an average rate of 5.4% per year.

Key information

-2.9%

Earnings growth rate

-3.4%

EPS growth rate

Capital Markets Industry Growth10.3%
Revenue growth rate5.4%
Return on equity0.1%
Net Margin-9.1%
Last Earnings Update31 Dec 2023

Recent past performance updates

Recent updates

Prospect Capital: 13.4% Dividend Yield, But Will NAV Dip Forever?

Feb 12

Prospect Capital: 3 Reasons To Buy This Mediocre 12% Yield (Rating Upgrade)

Jan 26

Prospect Capital: Attractive Entry Point For Investors Willing To Take Risk

Jan 14

Prospect Capital announces additions to non-traded preferred stock offering

Oct 07

Prospect Capital goes ex-dividend tomorrow

Sep 26

Prospect Capital exceeds $1B preferred fundraising milestone and upsizes extended credit facility to $1.584B

Sep 09

Prospect Capital NII EPS of $0.21 beats by $0.03, total Investment Income of $184.62M beats by $8.02M

Aug 29

The Best Way To Invest In Prospect Capital

Aug 21

Prospect Capital: Deep Value Alert, Dividend Hike Could Come Soon

Aug 08

Opportunity: Investment Grade Bond, +8% Yield From Prospect Capital

Jul 20

Prospect Capital: A Dividend Cut Could Come Soon

Jun 26

Prospect Capital: The Superstar Stock You Do Not Want To Miss

Apr 28

Prospect Capital: 8% Yield, 21% Discount, Steady Dividends

Feb 13

Prospect Capital: A Value Trap

Jan 06

Prospect Capital: Preferred Offers Attractive Risk-Reward

Sep 07

Prospect Capital: 9% Yield, 18% Discount, Monthly Payer

Aug 29

Prospect Capital: Not Yet A Buy But No Longer Fool's Gold

Jul 19

Prospect Capital: 8% Yield, 5% Discount, Outperforming Monthly Payer

Jun 18

Prospect Capital NII beats by $0.02, beats on total investment income

May 10

Prospect Capital prices $325M of 3.706% notes due 2026

Jan 14

Prospect Capital offers to repurchase $20M of 6.375% convertible notes

Dec 28

Prospect Capital buys $25M of notes issued by KM2 Solutions

Dec 22

Prospect Capital launches tender offer for $162.9M of convertible notes

Dec 16

Prospect Capital offers to buy back up to $40M of notes

Nov 17

Prospect Capital: Cheap Valuation, But The Discount Is Warranted

Nov 14

Prospect Capital declares $0.06 dividend

Nov 09

Revenue & Expenses Breakdown
Beta

How Prospect Capital makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NasdaqGS:PSEC Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Dec 23884-802890
30 Sep 23886272840
30 Jun 23852-1722830
31 Mar 23815-2152790
31 Dec 22782512670
30 Sep 227442422590
30 Jun 227115572500
31 Mar 226848562390
31 Dec 216629452280
30 Sep 216591,0042240
30 Jun 216329622160
31 Mar 216208822140
31 Dec 206154512090
30 Sep 206051332090
30 Jun 20624-162090
31 Mar 20643-1402120
31 Dec 196591352190
30 Sep 19685792280
30 Jun 197041442340
31 Mar 197132202350
31 Dec 187051832350
30 Sep 186803722210
30 Jun 186583002170
31 Mar 186512372150
31 Dec 176592042200
30 Sep 176801842260
30 Jun 177012532310
31 Mar 177272972370
31 Dec 167463532350
30 Sep 167721572430
30 Jun 167921032510
31 Mar 167981032560
31 Dec 158001092600
30 Sep 157892902580
30 Jun 157913462550
31 Mar 157753232550
31 Dec 147743242510
30 Sep 147533232440
30 Jun 147123192290
31 Mar 146963302130
31 Dec 136262921920
30 Sep 136142541830
30 Jun 135762211690

Quality Earnings: PSEC is currently unprofitable.

Growing Profit Margin: PSEC is currently unprofitable.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: PSEC is unprofitable, and losses have increased over the past 5 years at a rate of 2.9% per year.

Accelerating Growth: Unable to compare PSEC's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: PSEC is unprofitable, making it difficult to compare its past year earnings growth to the Capital Markets industry (1.5%).


Return on Equity

High ROE: PSEC has a negative Return on Equity (0.14%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed

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