Trinity Capital Inc.

NASDAQ•TRIN

CEO: Mr. Steven Louis Brown

板块: Financial Services

行业: Asset Management

上市日期: 2021-01-29

Trinity Capital Inc. is a business development company specializing in term loans, equipment financing, and private equity-related investments. The firm provides tech lending, equipment financing, life sciences, warehouse lending, and sponsor finance sources. They provide investors with stable and consistent returns through access to the private credit market. Trinity Capital Inc. was founded in 2019 and is based in Phoenix, Arizona, with additional offices in San Diego, California.

联系方式

1N 1st Street, Suite 302, Phoenix, AZ, 85004, United States

480-374-5350

www.trinitycapital.com

市值

$1.14B

市盈率 (TTM)

8.5

股息率

15.8%

52周最高

$17.20

52周最低

$12.50

52周范围

54%

排名54Top 78.1%

2.7

F-Score

改良版 Piotroski 分析

基于 6 年期基本面

疲弱 • 2.7 / 9 分

评分区间 (0-9)

8-9: 价值优异

6-7: 基本面强劲

4-5: 整体稳健

0-3: 表现疲弱

数据范围: 2020-2025

财务仪表盘

Q4 2025 数据

营业收入

$50.41M+0.00%

近4季度走势

每股收益

$0.51+0.00%

近4季度走势

自由现金流

$1.17M+0.00%

近4季度走势

2025 Annual 财报亮点

核心亮点

Net Investment Income Rises Net investment income reached $144.1M USD, up 24.4% from $115.8M USD in 2024, driven by increased debt principal value.

Portfolio Fair Value Growth Total investments fair value grew to $2.418B USD as of December 31, 2025, supported by $967.6M USD in new investments during 2025.

Stable NAV Per Share Net asset value per share ended at $13.42 USD on December 31, 2025, a slight increase from $13.35 USD the prior year.

Internal Management Team Expansion Internally managed BDC employed 106 professionals by year-end 2025, including 66 investment and origination staff.

关注风险

Reliance on Referral Networks Business model heavily depends on strong referral relationships with venture capital sponsors; failure to maintain impacts deal flow.

Interest Rate Sensitivity Exposure Rising interest rates increase borrowing costs on floating rate debt, potentially reducing net investment income and increasing default risk.

Level 3 Valuation Uncertainty Substantially all investments are Level 3 assets, requiring significant management judgment for fair value determination, creating inherent uncertainty.

Regulatory Leverage Limitations Operation as a BDC imposes asset coverage ratio requirements (150%) limiting ability to raise additional capital or incur leverage.

前瞻展望

Expanding Co-Investment Platform Entered joint ventures like Direct Lending 2025 LLC and EPT, expanding capacity to co-invest alongside specialty credit managers.

Recent Capital Raising Activity Raised $21.3M USD net proceeds in early 2026 via ATM program, supporting investment objectives and general corporate needs.

Focus on Investment Structure Loans feature amortizing nature and structure designed to tie amortization to projected cash flow, reducing near-term default risk.

Maintaining Tax Status Requirements Must continue to meet Annual Distribution Requirement (90% payout) to maintain RIC tax treatment and avoid corporate tax liability.

同行对比

营业收入 (TTM)

NMFC

$370.24M

+12.3%

GSBD

$304.84M

+58.4%

TRIN

$252.82M

+6.5%

毛利率 (最新季度)

MFIC

193.4%

-1.5pp

CGBD

106.8%

-2.4pp

BCSF

106.0%

-15.1pp

关键指标

股票代码	市值	市盈率 (TTM)	净资产收益率 (TTM)	负债率
CSWC	$1.35B	12.5	11.2%	19.6%
TRIN	$1.14B	8.5	14.1%	52.8%
GSBD	$1.06B	9.0	8.0%	55.5%

长期趋势

近4季度

营业收入

净利润

经营现金流

4季度营收复合增长率

-5.7%

增长承压

4季度净利润复合增长率

13.4%

盈利能力稳步提升

现金流稳定性

75%

现金流波动较大

深度研究

下次财报:2026年5月5日

每股收益:-

营业收入:-

财务数据

电话会议

财务报告

新闻

利润表

资产负债表

现金流量表

财务比率

变化率

利润表	过去12个月

无数据