Medallion Finacl Financials

MFIN

Source SEC Filings (10-K/10-Q) Updated Sep 30, 2025 Currency USD FYE December

This page shows Medallion Finacl (MFIN) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 8 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Financial Health Signals

Piotroski F-Score Neutral

6/9

Medallion Finacl passes 6 of 9 financial strength tests. 3 of 4 profitability signals pass, all 2 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality Cash-Backed

3.22x

For every $1 of reported earnings, Medallion Finacl generates $3.22 in operating cash flow ($115.5M OCF vs $35.9M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Key Financial Metrics

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Revenue

$290.7M

YoY+15.8%

5Y CAGR+17.0%

Medallion Finacl generated $290.7M in revenue in fiscal year 2024. This represents an increase of 15.8% from the prior year.

EBITDA

N/A

Free Cash Flow

N/A

Net Income

$35.9M

YoY-34.9%

Medallion Finacl reported $35.9M in net income in fiscal year 2024. This represents a decrease of 34.9% from the prior year.

EPS (Diluted)

$1.52

YoY-35.9%

Medallion Finacl earned $1.52 per diluted share (EPS) in fiscal year 2024. This represents a decrease of 35.9% from the prior year.

Cash & Debt

$98.2M

YoY+86.8%

5Y CAGR+40.9%

Medallion Finacl held $98.2M in cash against $232.2M in long-term debt as of fiscal year 2024.

Dividends Per Share

N/A

Shares Outstanding

23M

YoY-1.3%

5Y CAGR-1.3%

Medallion Finacl had 23M shares outstanding in fiscal year 2024. This represents a decrease of 1.3% from the prior year.

Gross Margin

N/A

Operating Margin

N/A

Net Margin

12.3%

YoY-9.6pp

5Y CAGR+13.7pp

Medallion Finacl's net profit margin was 12.3% in fiscal year 2024, showing the share of revenue converted to profit. This is down 9.6 percentage points from the prior year.

Return on Equity

9.7%

YoY-6.4pp

Medallion Finacl's ROE was 9.7% in fiscal year 2024, measuring profit generated per dollar of shareholder equity. This is down 6.4 percentage points from the prior year.

R&D Spending

N/A

Share Buybacks

$4.6M

Medallion Finacl spent $4.6M on share buybacks in fiscal year 2024, returning capital to shareholders by reducing shares outstanding.

Capital Expenditures

N/A

MFIN Income Statement

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Revenue	$290.7M+15.8%	$251.0M+27.7%	$196.6M+23.7%	$159.0M+9.7%	$145.0M+9.4%	$132.6M
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	$88.2M+40.1%	$62.9M+74.0%	$36.2M+16.2%	$31.1M-8.8%	$34.2M-2.6%	$35.0M
Income Tax	$21.0M-15.7%	$24.9M+38.7%	$18.0M-25.8%	$24.2M+340.4%	-$10.1M-3054.3%	$341K
Net Income	$35.9M-34.9%	$55.1M+25.6%	$43.8M-19.0%	$54.1M+255.6%	-$34.8M-1874.1%	-$1.8M
EPS (Diluted)	$1.52-35.9%	$2.37+29.5%	$1.83-15.7%	$2.17+252.8%	$-1.42-1928.6%	$-0.07

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23
Revenue	$80.8M+4.3%	$77.4M+2.7%	$75.4M-1.4%	$76.5M+8.2%	$70.7M+5.4%	$67.1M-0.8%	$67.6M+2.6%	$65.9M
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	$25.1M+4.2%	$24.1M+0.2%	$24.0M-2.0%	$24.5M+17.6%	$20.8M+8.8%	$19.2M+3.1%	$18.6M+8.6%	$17.1M
Income Tax	$5.9M+1.0%	$5.8M-13.5%	$6.7M-1.5%	$6.8M+80.2%	$3.8M-40.5%	$6.4M+0.5%	$6.3M-5.9%	$6.7M
Net Income	$7.8M-29.9%	$11.1M-7.9%	$12.0M+18.5%	$10.1M+42.8%	$7.1M-29.2%	$10.0M-30.0%	$14.3M+27.5%	$11.2M
EPS (Diluted)	$0.32-30.4%	$0.46-8.0%	$0.50+16.3%	$0.43+43.3%	$0.30-28.6%	$0.42-30.0%	$0.60+25.0%	$0.48

MFIN Balance Sheet

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Total Assets	$2.9B+10.8%	$2.6B+14.5%	$2.3B+20.7%	$1.9B+14.0%	$1.6B+6.5%	$1.5B
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$98.2M+86.8%	$52.6M+58.5%	$33.2M-48.6%	$64.5M+17.8%	$54.7M+209.3%	$17.7M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	$150.8M0.0%	$150.8M0.0%	$150.8M0.0%	$150.8M0.0%	$150.8M0.0%	$150.8M
Total Liabilities	$2.4B+11.7%	$2.2B+15.2%	$1.9B+24.5%	$1.5B+13.4%	$1.3B+10.8%	$1.2B
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	$232.2M-1.4%	$235.5M+9.9%	$214.3M-2.6%	$220.0M+43.1%	$153.7M-12.0%	$174.6M
Total Equity	$370.2M+7.9%	$343.0M+13.7%	$301.7M+5.1%	$287.0M+24.0%	$231.4M-12.1%	$263.1M
Retained Earnings	$130.3M+25.4%	$103.9M+55.8%	$66.7M+117.8%	$30.6M+230.2%	-$23.5M-308.3%	$11.3M

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23
Total Assets	$2.9B+0.7%	$2.9B+1.1%	$2.8B-0.7%	$2.9B+3.9%	$2.8B+5.4%	$2.6B+1.2%	$2.6B+1.1%	$2.6B
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$72.5M-34.3%	$110.4M-16.1%	$131.5M+33.9%	$98.2M+12.0%	$87.7M+60.1%	$54.8M+4.2%	$52.6M+40.3%	$37.5M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	$150.8M0.0%	$150.8M0.0%	$150.8M0.0%	$150.8M0.0%	$150.8M0.0%	$150.8M0.0%	$150.8M0.0%	$150.8M
Total Liabilities	$2.4B+2.4%	$2.3B-2.1%	$2.4B-1.3%	$2.4B+3.9%	$2.3B+6.2%	$2.2B+1.1%	$2.2B+0.7%	$2.2B
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	$215.7M+7.9%	$199.9M+0.1%	$199.7M-14.0%	$232.2M+0.6%	$230.8M+2.3%	$225.6M-4.2%	$235.5M+8.0%	$218.1M
Total Equity	$397.4M+1.9%	$389.9M+2.5%	$380.2M+2.7%	$370.2M+4.6%	$354.0M+1.4%	$349.0M+1.8%	$343.0M+4.4%	$328.5M
Retained Earnings	$153.0M+3.4%	$148.0M+5.9%	$139.7M+7.3%	$130.3M+12.0%	$116.3M+4.3%	$111.6M+7.4%	$103.9M+13.0%	$91.9M

MFIN Cash Flow Statement

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Operating Cash Flow	$115.5M+1.5%	$113.8M+4.6%	$108.7M+38.1%	$78.7M0.0%	$78.7M+21.2%	$64.9M
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	-$335.8M+1.4%	-$340.7M+24.1%	-$449.0M-88.4%	-$238.3M-39.4%	-$171.0M+17.2%	-$206.5M
Financing Cash Flow	$240.0M-11.5%	$271.2M-15.6%	$321.4M+86.8%	$172.0M+26.1%	$136.5M-10.0%	$151.7M
Dividends Paid	$9.4M+22.0%	$7.7M+2.1%	$7.5M	$0	$0	N/A
Share Buybacks	$4.6M	$0-100.0%	$20.6M	$0	$0	N/A

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23
Operating Cash Flow	$67.0M+724.6%	-$10.7M-129.6%	$36.3M+16.9%	$31.0M+12.2%	$27.6M-14.3%	$32.3M+64.4%	$19.6M-45.3%	$35.9M
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	-$72.9M-184.6%	-$25.6M-445.3%	-$4.7M+82.8%	-$27.3M+84.1%	-$171.6M-421.5%	-$32.9M-163.9%	-$12.5M+80.2%	-$62.9M
Financing Cash Flow	$4.9M-84.0%	$30.3M+170.3%	-$43.1M-95.8%	-$22.0M-116.6%	$132.8M+566.3%	$19.9M+32.4%	$15.1M-50.0%	$30.1M
Dividends Paid	$2.7M0.0%	$2.7M-5.5%	$2.9M+17.0%	$2.4M+8.6%	$2.2M-9.4%	$2.5M+10.6%	$2.2M+24.9%	$1.8M
Share Buybacks	$0-100.0%	$455K-14.3%	$531K	$0-100.0%	$1.5M-28.7%	$2.1M	$0	$0

MFIN Financial Ratios

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	12.3%-9.6pp	21.9%-0.4pp	22.3%-11.7pp	34.0%+58.0pp	-24.0%-22.7pp	-1.3%
Return on Equity	9.7%-6.4pp	16.1%+1.5pp	14.5%-4.3pp	18.9%	N/A	N/A
Return on Assets	1.3%-0.9pp	2.1%+0.2pp	1.9%-0.9pp	2.9%+5.0pp	-2.1%-2.0pp	-0.1%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	0.63-0.1	0.69-0.0	0.71-0.1	0.77+0.1	0.660.0	0.66
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	9.6%-4.7pp	14.3%-1.6pp	15.9%+2.7pp	13.3%+3.2pp	10.0%-4.9pp	14.9%-6.2pp	21.2%+4.2pp	17.0%
Return on Equity	1.9%-0.9pp	2.8%-0.3pp	3.2%+0.4pp	2.7%+0.7pp	2.0%-0.9pp	2.9%-1.3pp	4.2%+0.8pp	3.4%
Return on Assets	0.3%-0.1pp	0.4%-0.0pp	0.4%+0.1pp	0.4%+0.1pp	0.3%-0.1pp	0.4%-0.2pp	0.5%+0.1pp	0.4%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	0.54+0.0	0.51-0.0	0.53-0.1	0.63-0.0	0.650.0	0.65-0.0	0.69+0.0	0.66
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

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Frequently Asked Questions

What is Medallion Finacl's annual revenue?

Medallion Finacl (MFIN) reported $290.7M in total revenue for fiscal year 2024. This represents a 15.8% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Medallion Finacl's revenue growing?

Medallion Finacl (MFIN) revenue grew by 15.8% year-over-year, from $251.0M to $290.7M in fiscal year 2024.

Is Medallion Finacl profitable?

Yes, Medallion Finacl (MFIN) reported a net income of $35.9M in fiscal year 2024, with a net profit margin of 12.3%.

What is Medallion Finacl's earnings per share (EPS)?

Medallion Finacl (MFIN) reported diluted earnings per share of $1.52 for fiscal year 2024. This represents a -35.9% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

How much debt does Medallion Finacl have?

As of fiscal year 2024, Medallion Finacl (MFIN) had $98.2M in cash and equivalents against $232.2M in long-term debt.

What is Medallion Finacl's net profit margin?

Medallion Finacl (MFIN) had a net profit margin of 12.3% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.

What is Medallion Finacl's return on equity (ROE)?

Medallion Finacl (MFIN) has a return on equity of 9.7% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.

What is Medallion Finacl's operating cash flow?

Medallion Finacl (MFIN) generated $115.5M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.

What are Medallion Finacl's total assets?

Medallion Finacl (MFIN) had $2.9B in total assets as of fiscal year 2024, including both current and long-term assets.

Does Medallion Finacl buy back shares?

Yes, Medallion Finacl (MFIN) spent $4.6M on share buybacks during fiscal year 2024, returning capital to shareholders by reducing shares outstanding.

How many shares does Medallion Finacl have outstanding?

Medallion Finacl (MFIN) had 23M shares outstanding as of fiscal year 2024.

What is Medallion Finacl's debt-to-equity ratio?

Medallion Finacl (MFIN) had a debt-to-equity ratio of 0.63 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Medallion Finacl's return on assets (ROA)?

Medallion Finacl (MFIN) had a return on assets of 1.3% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.

What is Medallion Finacl's Piotroski F-Score?

Medallion Finacl (MFIN) has a Piotroski F-Score of 6 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Medallion Finacl's earnings high quality?

Medallion Finacl (MFIN) has an earnings quality ratio of 3.22x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.