Barings BDC, Inc.

Barings BDC, Inc.

BBDC
Barings BDC, Inc.US flagNew York Stock Exchange
8.44
USD
+0.05
- -
883.73MMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
3.68
1.77
2.18
1.72
-0.13
-1.05
1.31
0.35
1.33
0.16
1.3
1.17
1.08
0.97
Basic EPS, GAAP
2.94
0.95
1.44
0.94
-0.62
-2.29
1.16
0.17
1.19
0.05
1.2
1.04
0.97
0.85
Free Cash Flow per Basic Share
4.62
-6.33
-0.94
-0.64
0.17
-3.97
-0.63
-4.49
-6.07
0.84
0.72
1.15
1.53
2.25
Dividend per Share
2.06
2.5
2.25
1.83
1.66
0.42
0.54
0.64
0.82
0.91
1.02
1.04
1.19
1.14
Book Value per Share
0.31
0.44
0.49
0.16
-3.92
-6.45
-5.64
-6.38
-4.37
-6.45
-6.15
-6.21
-6.67
-6.75
Tangible Book Value per Share
16.17
17.83
15.3
16.79
13.79
11.28
11.38
14.78
11.36
11.59
11.18
11.25
11.03
10.98
Basic Weighted Avg Shares
28
30
33
36
46
50
50
49
65
103
107
106
105
105
Sales/Revenue/Turnover
101
53
73
63
-6
-53
66
17
87
16
140
124
114
102
Operating Margin (%)
80.6
59.63
66.5
55.26
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Net Income, GAAP
81
28
48
34
-29
-114
58
8
78
5
128
110
102
89
Effective Tax Rate (%)
0.66
9.92
0.8
1.25
- -
- -
0.58
0.63
0.01
23.1
1.3
3.05
3.67
4.16
Profit Margin (%)
80.07
53.72
65.97
54.57
456.71
217.56
88.55
47.65
89.51
29.25
91.64
89.24
89.71
87.88
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
354
428
514
535
566
570
669
944
1,373
1,448
1,440
1,450
1,430
1,414
Total Equity
446
531
508
611
641
563
571
718
742
1,192
1,197
1,190
1,161
1,153
Return on Invested Capital (%)
10.25
3.22
4.82
3.16
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
1,051.36
262.64
328.69
310.22
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
105
105
105
Market Capitalization
923
966
864

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
70
54
80
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
10.15%
12.28%
-2.49%
Free Cash Flow
-221.39%
7.89%
31.42%
Net Income, GAAP
321.9%
673.82%
-7.58%
Sales/Revenue/Turnover
139.22%
215.47%
-8.06%
Total Cash Common Dividend
15.34%
35.41%
13.81%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
47
22
25
29
124
2025
35
24
27
29
114
2026
23
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.41
0.18
0.21
0.24
1.04
2025
0.31
0.2
0.22
0.24
0.97
2026
0.19
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.26
0.26
0.26
0.26
1.04
2025
0.31
0.31
0.31
0.26
1.19
2026
0.26
- -
- -
- -
- -

Company Description

APIChatGPT
CEO
Thomas McDonnell
Full Time Employees
2
Sector
Financial Services
Industry
Asset Management
Address
300 South Tryon Street Charlotte NC United States of America 28202
IPO Date
Feb 22, 2007
Business
Barings BDC, Inc. Barings BDC, Inc. (NYSE: BBDC) is a publicly traded, externally managed, closed-end business development company regulated under the Investment Company Act of 1940 that primarily invests in debt and equity securities of U.S. middle-market companies to generate current income; its core portfolio includes first lien senior secured debt, unitranche loans, second lien debt, subordinated debt, mezzanine financing, leveraged and management buyouts, ESOPs, change of control transactions, acquisition financings, growth capital, and recapitalizations, with terms typically spanning five to seven years at interest rates of LIBOR plus 450 to 650 basis points, alongside syndicated senior secured loans, structured products, bonds, and occasional equity co-investments across industries such as manufacturing, distribution, business services, technology, transportation, and logistics. The company, whose predecessor Triangle Capital Corporation was founded in 2007 and rebranded under Barings LLC management in 2018, maintains headquarters at 300 South Tryon Street, Suite 2500, Charlotte, North Carolina 28202, and leverages Barings LLC, a global investment manager with over $470 billion in assets, for sourcing, underwriting, and portfolio management focused on low-cyclicality businesses with strong credit profiles. Recent developments include robust portfolio activity in 2025 with 19 new investments totaling $137.3 million and $61.7 million in existing portfolio companies during Q2, alongside $38.6 million in subsequent new commitments primarily in first lien and subordinated debt at a weighted average yield of 9.4%; a $300 million public offering of 5.200% notes due 2028 priced in September 2025; a new 12-month $30 million share repurchase program authorized in February 2025; quarterly cash dividends of $0.26 per share declared through Q3 2025; and a chief executive officer transition announced on November 6, 2025.

Company News

APIChatGPT
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