Medallion Financial (MFIN) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Medallion Financial

NasdaqGS•Financial Services•Credit Services

$12.22+0.21(0.02%)Market closed

Market Cap

$275.74M

P/E

8.5x

P/S

0.8x

P/B

0.7x

Medallion Financial Corp., together with its subsidiaries, operates as a specialty finance company in the United States. It operates in four segments: Recreation Lending, Home Improvement Lending, Commercial Loans, Taxi Medallion Lending. The company offers loans that finance consumer purchases of recreational vehicles, boats, collector cars, and other consumer recreational equipment; consumer financing for window, siding, and roof replacement, swimming pool installations, and other home improvement projects; senior and subordinated loans for the purchase of equipment and related assets necessary to open a new business, or purchase or improvement of an existing business; and taxi medallion loans to individuals and small to mid-size businesses. It also provides debt, mezzanine, and equity investment capital to companies in various commercial industries; and raises deposits and conducts other banking activities. The company was incorporated in 1995 and is headquartered in New York City, New York.

How this company scores

WeakMetricSide Score: 59/100

Grade capped at D — Interest coverage below 1× (0.5x) — earnings cannot cover interest. Strongest: Cash & Earnings Quality (24/25); weakest: Balance Sheet & Red Flags (9/25).

Profitability15/25

Growth11/25

Balance Sheet & Red Flags9/25

Cash & Earnings Quality24/25

Strengths

Rising free cash flowStrong marginsCash-backed earningsConsistent growth

Grade capped at D

Interest coverage below 1× (0.5x) — earnings cannot cover interest.

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 8.5x5y range 3.2x – 8.5x

Currently above its 20-quarter median.

P/S · 0.8x5y range 0.6x – 1.1x

Currently near its 20-quarter median.

P/B · 0.7x5y range 0.5x – 0.7x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

Some Concerns

Margin Pressure

Watch

Operating margins declined 13.3% — watch for continued compression, which may signal competitive or cost pressure.

Leverage Risk

Watch

Debt-to-equity has risen 38.1% recently — increasing financial risk even if the current ratio is manageable.

Price & Volume

Market Cap $275.74M

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $349.97M
Q. Revenue: $88.85M
TTM EBITDA: $68.89M
TTM Op. Income: $66.29M
Q. Op. Income: $14.50M
TTM Net Income: $32.36M
Q. Net Income: $7.45M
EPS: $0.32
Shares Out.: $23.29M

$349.97M in TTM revenue grew 5.6% YoY, reaching $88.85M last quarter. TTM EBITDA of $68.89M and TTM operating income of $66.29M show growth is flowing through to the bottom line. TTM net income of $32.36M means revenue is converting into profit. Over the past year, TTM revenue is up 6% — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 69.5%
EBITDA Margin: 17.1%
Op. Margin: 16.3%
Net Margin: 8.4%

Op. margin of 16.3% is down 6.2% YoY — costs are rising relative to revenue. Net margin at 8.4% and gross margin of 69.5% show how much of each revenue dollar survives to profit. Over the past year, operating margin is down 27% — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 8.5x
P/S Ratio: 0.8x
P/B Ratio: 0.7x

At 8.5x P/E, the stock trades below typical market levels. P/S of 0.8x and P/B of 0.7x provide additional context. P/E sits below typical market levels while revenue is growing. Over the past year, P/E is up 64% — a weakening trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $3.19B
Cash: $172.58M
Long-Term Debt: $287.55M
Book Value: $406.02M
D/E Ratio: 0.7
Debt/EBITDA: 18.9

With $3.19B in assets and $287.55M in long-term debt, D/E is 0.7and book value is $406.02M — a conservative capital structure with a cushion to weather downturns. Over the past year, debt/equity is up 38% — a weakening trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $17.48M
TTM Free Cash Flow: $159.54M
FCF Margin: 45.6%
FCF / Net Income: 4.9

TTM FCF of $159.54M on $17.48M in operating cash flow. The FCF / Net Income ratio of 4.9x means free cash flow covers net income — earnings are backed by cash. Across the last 8 quarters, free cash flow has risen for 4 consecutive quarters — an improving trend.