Barings Participation Investors (MPV)

NYSE: MPV · Real-Time Price · USD

16.23

-0.03 (-0.18%)

Aug 3, 2026, 4:00 PM EDT - Market closed

MPV Financials Overview

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	17.44	17.66	21.07	20.12	14.05	12.3
Revenue Growth	-14.87%	-16.16%	4.73%	43.12%	14.27%	-6.81%
Gross Profit	17.44	17.66	21.07	20.12	14.05	12.3
Operating Income	14.83	15.07	18.45	17.56	11.7	10.06
Net Income	11.8	13.23	17.25	18.12	6.96	25.38
Earnings Per Share	1.10	1.23	1.61	1.71	0.66	2.39
EPS Growth	-22.90%	-23.84%	-5.51%	160.31%	-72.58%	299.81%

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Investments	7.86	13.79	7	6.49	4.88	11.62
Total Debt	37.34	37.33	23.36	21.57	23.5	21
Net Cash (Debt)	-29.48	-23.54	-16.36	-15.09	-18.62	-9.38
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-2.74	-2.19	-1.53	-1.42	-1.76	-0.88

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Cash Flow	5.5	8.57	12.91	15.86	-0.55	1.51
Free Cash Flow	5.5	8.57	12.91	15.86	-0.55	1.51
Free Cash Flow Growth	-25.34%	-33.60%	-18.61%	-	-	-82.21%

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Operating Margin	85.03%	85.31%	87.58%	87.32%	83.23%	81.78%
Pretax Margin	69.47%	76.68%	83.89%	92.27%	52.21%	208.39%
Profit Margin	67.67%	74.90%	81.87%	90.08%	49.53%	206.38%

Dividends

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug '26 Aug 4, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Dividend Per Share	1.480	1.480	1.470	1.290	0.860	0.800
Dividend Per Share Growth	-6.33%	0.68%	13.95%	50.00%	7.50%	0%
Dividend Yield	9.12%	9.52%	9.52%	10.07%	9.34%	7.76%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug '26 Aug 4, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
PE Ratio	14.82	12.76	10.51	9.13	18.77	6.18
PS Ratio	10.03	9.56	8.60	8.22	9.29	12.76