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CION Investment Corporation

$7.18 -$2.55 (-26.21%)
NYSE · 11 Sep 2026 20:00 UTC
Previous Close
$7.18
Day Range
$7.07$7.21
Year Range
$5.83$10.4
Market Cap
357.49M
AVG Volume
547.29K
Trailing/Forward PE
26.59/6.27
PEG ratio
20.03
Dividend Yield
17.55%
Next Earnings Date
2026-11-05
Primary Exchange
New York Stock ExchangeUS
Revenue (USD)
050M100M150M200M2016201720182019202020212022202320242025
CION Revenue (USD) by year
PeriodRevenue (USD)
202581.34M
2024142.82M
2023192.17M
2022110.76M
2021163.79M
202034.63M
2019109.08M
201886.08M
2017118.25M
2016132.46M
Net Income (USD)
-50M050M100M150M2016201720182019202020212022202320242025
CION Net Income (USD) by year
PeriodNet Income (USD)
2025-20.63M
202433.9M
202395.31M
202250.14M
2021118.76M
2020-11.02M
201951.84M
201831.31M
201785.9M
2016119.67M
Operating Income (USD)
-50M050M100M150M2016201720182019202020212022202320242025
CION Operating Income (USD) by year
PeriodOperating Income (USD)
2025-20.72M
202434.01M
202395.26M
202250.51M
2021119.11M
2020-11M
201951.84M
201831.31M
201785.9M
2016119.67M
EBITDA (USD)
-50M050M100M150M200M2016201720182019202020212022202320242025
CION EBITDA (USD) by year
PeriodEBITDA (USD)
2025-15.17M
202434.01M
2023151.64M
202276.56M
2021119.11M
2020-11M
201954.67M
201886.01M
201785.9M
2016132.38M
Cash Flows (USD)
-600M-400M-200M0200M2016201720182019202020212022202320242025
CION Cash Flows (USD) by year
PeriodCash Flows (USD)
202576.83M
202421.15M
2023-29.42M
202239.92M
202157.15M
202059.26M
2019101.24M
2018-114.58M
2017-413.63M
2016-225.96M
EPS (USD)
-101232016201720182019202020212022202320242025
CION EPS (USD) by year
PeriodEPS (USD)
2025-0.39
20241.04
20231.76
20220.55
20212.09
2020-0.18
20190.91
20180.54
20171.53
20162.26
Expenses (USD)
05M10M15M2016201720182019202020212022202320242025
CION Expenses (USD) by year
PeriodExpenses (USD)
202511.01M
202411.45M
202310.44M
20229.5M
202111.58M
20207.61M
20196.42M
20187.84M
20177.99M
20167.95M
Cash & Debt (USD)
0500M1B1.5BCashLong Term DebtShort Term Debt2016201720182019202020212022202320242025
CION Cash & Debt (USD) by year
PeriodCash & Debt (USD)
2025124.17M
20247.67M
20238.41M
202282.74M
20213.77M
202019.91M
20196.13M
201817.58M
201756.35M
201615.05M
Debt ratios
024620182019202020212022202320242025
CION Debt ratios by year
PeriodDebt ratios
20254.05
20242.86
20233.19
20223.63
20213.29
20203.25
20192.31
20182.65
Margins
-50%0%50%100%2016201720182019202020212022202320242025
CION Margins by year
PeriodMargins
2025-11.31%
202432.17%
202355.48%
202255.2%
202180.58%
2020-6.36%
201954.59%
201847.01%
201780.49%
201697.31%
Return on Capital
-5%0%5%10%15%2016201720182019202020212022202320242025
CION Return on Capital by year
PeriodReturn on Capital
2025-2.92%
20244.13%
202310.84%
20225.67%
202112.76%
2020-1.25%
20195.44%
20183.2%
20178.11%
201611.97%
Shares Outstanding
020M40M60M2016201720182019202020212022202320242025
CION Shares Outstanding by year
PeriodShares Outstanding
202552.34M
202453.56M
202354.29M
202255.51M
202156.96M
202057.06M
201956.87M
201856.7M
201756.48M
201653.29M
Dividends (USD)
00.511.52202120222023202420252026
CION Dividends (USD) by year
PeriodDividends (USD)
20261.2
20251.44
20241.52
20231.61
20221.45
20210.72
Employee Count
02004006002012201320142015201720182019
CION Employee Count by year
PeriodEmployee Count
2019500
2018500
2017500
2015500
2014500
2013500
2012500
Book Value Per Share (USD)
051015202016201720182019202020212022202320242025
CION Book Value Per Share (USD) by year
PeriodBook Value Per Share (USD)
202513.52
202415.32
202316.2
202215.92
202116.34
202015.39
201916.75
201817.27
201718.75
201618.76
Total Assets (USD)
01B2B3B2016201720182019202020212022202320242025
CION Total Assets (USD) by year
PeriodTotal Assets (USD)
20251.85B
20241.95B
20232B
20221.87B
20211.78B
20201.61B
20191.81B
20181.91B
20171.82B
20161.26B
PE Ratio
0102030med 8.42Jan 24May 24Aug 24Dec 24Mar 25Jan 26Sep 26
CION PE Ratio by year
PeriodPE Ratio
Sep 2627.54
Sep 2628.15
Aug 2628.31
Aug 2628.12
Aug 2628.5
Aug 2628.81
Mar 2615.95
Feb 2616.01
Feb 2617.14
Feb 2617.34
Feb 2617.72
Jan 2618.66
Jan 2618.82
Jan 2618.96
Jan 2619.3
Jan 2619.52
Dec 2519.24
Dec 2519.42
Dec 2520.47
Dec 2519.95
Nov 2520.39
Nov 2519.68
Nov 2520.39
Nov 2519.3
May 2515.71
Apr 2515.93
Apr 2514.93
Apr 2513.94
Apr 2514.98
Mar 2516.51
Mar 2517.13
Mar 2517.96
Mar 258.44
Feb 258.44
Feb 258.4
Feb 258.19
Feb 257.82
Jan 257.88
Jan 257.72
Jan 257.68
Jan 257.33
Jan 257.74
Dec 247.66
Dec 247.84
Dec 247.99
Dec 247.72
Nov 247.9
Nov 247.87
Nov 247.63
Nov 247.74
Nov 244.91
Oct 245.01
Oct 245.09
Oct 245
Oct 245
Sep 245
Sep 245.05
Sep 244.94
Sep 244.89
Aug 245.18
Aug 245.19
Aug 245.15
Aug 245.04
Aug 244.77
Jul 245
Jul 244.95
Jul 245.02
Jul 244.97
Jun 244.92
Jun 244.99
Jun 244.94
Jun 244.91
May 245.08
May 245.07
May 245.06
May 244.92
May 246.6
Apr 246.52
Apr 246.39
Apr 246.28
Apr 246.32
Mar 246.27
Mar 246.01
Mar 246.22
Mar 2411.12
Mar 2410.9
Feb 2411.21
Feb 2411.29
Feb 2411.2
Feb 2411.3
Jan 2411.41
Jan 2411.2
Jan 2411.35
Jan 2411.31
Dec 2311.46
Dec 2311.65
Dec 2311.43
Dec 2311.1
Dec 2310.86
Nov 2311.09
Free Cash Flow Yield
-10%0%10%20%30%40%med 8.29%Dec 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
CION Free Cash Flow Yield by year
PeriodFree Cash Flow Yield
Sep 265.99%
Sep 265.86%
Aug 265.83%
Aug 265.87%
Aug 265.79%
Aug 265.73%
Jul 2624.9%
Jul 2624.9%
Jul 2624.29%
Jul 2623.19%
Jul 2623.23%
Jun 2624.25%
Jun 2622.66%
Jun 2621.26%
Jun 2622.09%
May 2621.99%
May 2622.66%
May 2622.05%
May 2620.36%
May 2618.39%
Apr 2619.62%
Apr 2618.94%
Apr 2621.21%
Apr 2621.49%
Mar 2621.91%
Mar 2621.97%
Mar 2622.41%
Mar 2631.4%
Feb 2631.28%
Feb 2629.23%
Feb 2628.89%
Feb 2628.27%
Jan 2626.84%
Jan 2626.61%
Jan 2626.42%
Jan 2625.95%
Jan 2625.66%
Dec 2526.03%
Dec 2525.79%
Dec 2524.47%
Dec 2525.11%
Nov 2524.57%
Nov 2525.45%
Nov 2524.57%
Nov 2525.95%
Oct 259.71%
Oct 259.43%
Oct 259.7%
Oct 259.74%
Oct 259.37%
Sep 259.21%
Sep 258.79%
Sep 258.95%
Sep 258.67%
Aug 258.23%
Aug 258.3%
Aug 258.51%
Aug 258.28%
Aug 252%
Jul 251.91%
Jul 251.91%
Jul 251.95%
Jul 251.95%
Jun 252.02%
Jun 252.08%
Jun 252.12%
Jun 252.11%
May 251.99%
May 252%
May 251.96%
May 252.05%
May 253.97%
Apr 253.92%
Apr 254.18%
Apr 254.48%
Apr 254.17%
Mar 253.78%
Mar 253.64%
Mar 253.47%
Mar 25-0.26%
Feb 25-0.26%
Feb 25-0.26%
Feb 25-0.27%
Feb 25-0.28%
Jan 25-0.28%
Jan 25-0.29%
Jan 25-0.29%
Jan 25-0.3%
Jan 25-0.29%
Dec 24-0.29%
Dec 24-0.28%
Dec 24-0.28%
Dec 24-0.29%
Nov 24-0.28%
Nov 24-0.28%
Nov 24-0.29%
Nov 24-0.29%
Nov 244.84%
Oct 244.73%
Oct 244.66%
Price to Sales
23456med 3.73Dec 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
CION Price to Sales by year
PeriodPrice to Sales
Sep 262.6
Sep 262.66
Aug 262.67
Aug 262.65
Aug 262.69
Aug 262.72
Jul 262.05
Jul 262.05
Jul 262.1
Jul 262.2
Jul 262.2
Jun 262.11
Jun 262.25
Jun 262.4
Jun 262.31
May 262.32
May 262.25
May 262.31
May 262.51
May 265.14
Apr 264.81
Apr 264.99
Apr 264.45
Apr 264.4
Mar 264.31
Mar 264.3
Mar 264.21
Mar 263.15
Feb 263.17
Feb 263.39
Feb 263.43
Feb 263.5
Jan 263.69
Jan 263.72
Jan 263.75
Jan 263.82
Jan 263.86
Dec 253.81
Dec 253.84
Dec 254.05
Dec 253.94
Nov 254.03
Nov 253.89
Nov 254.03
Nov 253.82
Oct 255.01
Oct 255.16
Oct 255.02
Oct 255
Oct 255.2
Sep 255.29
Sep 255.54
Sep 255.44
Sep 255.61
Aug 255.92
Aug 255.87
Aug 255.72
Aug 255.88
Aug 255.51
Jul 255.77
Jul 255.77
Jul 255.63
Jul 255.63
Jun 255.45
Jun 255.3
Jun 255.19
Jun 255.22
May 255.54
May 255.49
May 255.63
May 255.38
May 253.73
Apr 253.78
Apr 253.54
Apr 253.31
Apr 253.56
Mar 253.92
Mar 254.07
Mar 254.26
Mar 253.59
Feb 253.59
Feb 253.57
Feb 253.49
Feb 253.33
Jan 253.36
Jan 253.29
Jan 253.27
Jan 253.12
Jan 253.29
Dec 243.26
Dec 243.34
Dec 243.4
Dec 243.28
Nov 243.36
Nov 243.35
Nov 243.25
Nov 243.3
Nov 242.69
Oct 242.75
Oct 242.79
EV/EBITDA
0204060med 20.84Apr 24Aug 24Nov 24Mar 25Dec 25May 26Sep 26
CION EV/EBITDA by year
PeriodEV/EBITDA
Sep 2621.46
Sep 2621.59
Aug 2621.62
Aug 2621.58
Aug 2621.66
Aug 2621.72
Jul 2653.36
Jul 2653.36
Jul 2653.64
Jul 2654.18
Jul 2654.16
Jun 2653.66
Jun 2654.46
Jun 2655.27
Jun 2654.78
May 2654.84
May 2654.46
May 2654.8
May 2655.84
Mar 2647.22
Feb 2647.26
Feb 2648.19
Feb 2648.35
Feb 2648.67
Jan 2649.44
Jan 2649.58
Jan 2649.69
Jan 2649.97
Jan 2650.16
Dec 2549.92
Dec 2550.07
Dec 2550.93
Dec 2550.5
Nov 2550.87
Nov 2550.29
Nov 2550.87
Nov 2549.97
May 2547.75
Apr 2547.97
Apr 2546.98
Apr 2545.99
Apr 2547.03
Mar 2548.55
Mar 2549.17
Mar 2550
Mar 2521.34
Feb 2521.33
Feb 2521.29
Feb 2521.09
Feb 2520.72
Jan 2520.78
Jan 2520.62
Jan 2520.58
Jan 2520.23
Jan 2520.63
Dec 2420.56
Dec 2420.73
Dec 2420.88
Dec 2420.61
Nov 2420.8
Nov 2420.76
Nov 2420.52
Nov 2420.64
Nov 2413.19
Oct 2413.29
Oct 2413.37
Oct 2413.28
Oct 2413.28
Sep 2413.28
Sep 2413.33
Sep 2413.22
Sep 2413.17
Aug 2413.46
Aug 2413.47
Aug 2413.44
Aug 2413.32
Aug 2412.4
Jul 2412.62
Jul 2412.58
Jul 2412.65
Jul 2412.59
Jun 2412.55
Jun 2412.61
Jun 2412.57
Jun 2412.53
May 2412.71
May 2412.7
May 2412.69
May 2412.55
May 2411.22
Apr 2411.17
Apr 2411.1
Apr 2411.02
Apr 2411.05
Mar 2411.02
Mar 2410.86
Mar 2410.99
Mar 2413.75
Mar 2413.65
Feb 2413.8
Price/Operating Cashflow
0204060med 12.07Aug 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
CION Price/Operating Cashflow by year
PeriodPrice/Operating Cashflow
Sep 2616.69
Sep 2617.07
Aug 2617.16
Aug 2617.04
Aug 2617.27
Aug 2617.46
Jul 264.02
Jul 264.02
Jul 264.12
Jul 264.31
Jul 264.31
Jun 264.12
Jun 264.41
Jun 264.7
Jun 264.53
May 264.55
May 264.41
May 264.53
May 264.91
May 265.44
Apr 265.1
Apr 265.28
Apr 264.71
Apr 264.65
Mar 264.56
Mar 264.55
Mar 264.46
Mar 263.18
Feb 263.2
Feb 263.42
Feb 263.46
Feb 263.54
Jan 263.73
Jan 263.76
Jan 263.79
Jan 263.85
Jan 263.9
Dec 253.84
Dec 253.88
Dec 254.09
Dec 253.98
Nov 254.07
Nov 253.93
Nov 254.07
Nov 253.85
Oct 2510.29
Oct 2510.61
Oct 2510.31
Oct 2510.27
Oct 2510.68
Sep 2510.86
Sep 2511.37
Sep 2511.17
Sep 2511.53
Aug 2512.15
Aug 2512.05
Aug 2511.76
Aug 2512.08
Aug 2550.1
Jul 2552.4
Jul 2552.45
Jul 2551.2
Jul 2551.2
Jun 2549.53
Jun 2548.18
Jun 2547.19
Jun 2547.4
May 2550.36
May 2549.9
May 2551.15
May 2548.85
May 2525.17
Apr 2525.52
Apr 2523.93
Apr 2522.33
Apr 2524
Mar 2526.46
Mar 2527.45
Mar 2528.79
Nov 2420.68
Oct 2421.12
Oct 2421.44
Oct 2421.09
Oct 2421.07
Sep 2421.09
Sep 2421.3
Sep 2420.84
Sep 2420.61
Aug 2421.83
Aug 2421.88
Aug 2421.73
Aug 2421.23
Mar 2426.74
Mar 2426.2
Feb 2426.96
Feb 2427.13
Feb 2426.93
Feb 2427.15
Jan 2427.42
Jan 2426.93
Price to Book
0.40.50.60.70.8med 0.65Dec 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
CION Price to Book by year
PeriodPrice to Book
Sep 260.53
Sep 260.55
Aug 260.55
Aug 260.55
Aug 260.55
Aug 260.56
Jul 260.46
Jul 260.46
Jul 260.47
Jul 260.49
Jul 260.49
Jun 260.47
Jun 260.5
Jun 260.54
Jun 260.52
May 260.52
May 260.5
May 260.52
May 260.56
May 260.59
Apr 260.55
Apr 260.57
Apr 260.51
Apr 260.51
Mar 260.5
Mar 260.49
Mar 260.48
Mar 260.54
Feb 260.54
Feb 260.58
Feb 260.58
Feb 260.6
Jan 260.63
Jan 260.63
Jan 260.64
Jan 260.65
Jan 260.66
Dec 250.65
Dec 250.65
Dec 250.69
Dec 250.67
Nov 250.68
Nov 250.66
Nov 250.68
Nov 250.65
Oct 250.63
Oct 250.65
Oct 250.64
Oct 250.63
Oct 250.66
Sep 250.67
Sep 250.7
Sep 250.69
Sep 250.71
Aug 250.75
Aug 250.74
Aug 250.72
Aug 250.75
Aug 250.67
Jul 250.71
Jul 250.71
Jul 250.69
Jul 250.69
Jun 250.67
Jun 250.65
Jun 250.64
Jun 250.64
May 250.68
May 250.67
May 250.69
May 250.66
May 250.65
Apr 250.66
Apr 250.62
Apr 250.58
Apr 250.62
Mar 250.68
Mar 250.71
Mar 250.74
Mar 250.8
Feb 250.8
Feb 250.79
Feb 250.78
Feb 250.74
Jan 250.75
Jan 250.73
Jan 250.73
Jan 250.69
Jan 250.73
Dec 240.73
Dec 240.74
Dec 240.76
Dec 240.73
Nov 240.75
Nov 240.75
Nov 240.72
Nov 240.73
Nov 240.73
Oct 240.74
Oct 240.75
CION Investment Corporation
CION
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News: CION

CION Investment's Deleveraging Opens An Investment Opportunity

seekingalpha.com · 25 Aug 2026

CION Investment's Deleveraging Opens An Investment Opportunity

CION Investment Corporation faces elevated non-accruals and underperformance versus BDC peers, making its common stock unattractive currently. Q2 '26 net investment income of $0.29/share failed to cover the $0.30/share dividend, despite a recent dividend cut. CION's leverage is near regulatory minimums, but management plans to retire $270M in debt to improve asset coverage and debt credit quality.

BDC Weekly Review: Market Is Surprised By Private Credit Resilience

seekingalpha.com · 16 Aug 2026

BDC Weekly Review: Market Is Surprised By Private Credit Resilience

We take a look at the action in business development companies through the first week of August and highlight some of the key themes we are watching. BDCs posted a strong week, averaging nearly 10% returns, with higher-beta names like TCPC, CION, and OTF leading performance. Despite slightly lagging in price terms year-to-date, BDCs have outperformed all other credit sectors in total NAV terms, reflecting sector resilience.

CION Investment Corporation (CION) Upgraded to Buy: Here's What You Should Know

zacks.com · 13 Aug 2026

CION Investment Corporation (CION) Upgraded to Buy: Here's What You Should Know

CION Investment Corporation (CION) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

12%+ Yields At 30%+ Discounts: Top 2 Undervalued BDCs

seekingalpha.com · 9 Aug 2026

12%+ Yields At 30%+ Discounts: Top 2 Undervalued BDCs

So far, the Q2 earnings season has been positive for BDCs. Some BDCs have appreciated by double-digit figures. Among these BDCs are my two tactical trade ideas.

CION Investment Q2 Earnings Call Highlights

marketbeat.com · 7 Aug 2026

CION Investment Q2 Earnings Call Highlights

CION Investment NYSE: CION reported higher net investment income and net asset value in the second quarter of 2026, while reducing non-accruals and advancing a plan to lower leverage, expand share repurchases and limit new portfolio originations.

CION Investment Stock Up 16.9% on Q2 Earnings Beat, Expenses Rise Y/Y

zacks.com · 7 Aug 2026

CION Investment Stock Up 16.9% on Q2 Earnings Beat, Expenses Rise Y/Y

CION's Q2 results benefit from lower non-accruals, lifting shares 16.9%. However, lower investment income and higher expenses weigh on results.

CION Investment Corporation (CION) Q2 2026 Earnings Call Transcript

seekingalpha.com · 6 Aug 2026

CION Investment Corporation (CION) Q2 2026 Earnings Call Transcript

CION Investment Corporation (CION) Q2 2026 Earnings Call Transcript

CION Investment Corporation Reports Second Quarter 2026 Financial Results

businesswire.com · 6 Aug 2026

CION Investment Corporation Reports Second Quarter 2026 Financial Results

NEW YORK--(BUSINESS WIRE)--CION Investment Corporation (NYSE: CION) (“CION” or the “Company”) today reported financial results for the second quarter ended June 30, 2026 and filed its Form 10-Q with the U.S. Securities and Exchange Commission (the "SEC"). CION also announced that, on August 3, 2026, its co-chief executive officers declared base distributions of $0.10 per share for each of October, November and December 2026, which will be payable to shareholders on October 30, November 27, and.

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