Golub Capital BDC, Inc.

Golub Capital BDC, Inc.

GBDC
Golub Capital BDC, Inc.US flagNASDAQ Global Select
13.27
USD
-0.09
- -
3.46BMarket 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
1.43
1.49
1.48
1.37
1.46
1.42
-0.19
0.45
2.08
0.97
1.63
1.35
1.53
0.89
Basic EPS, GAAP
1.28
1.37
1.37
1.26
1.37
1.33
-0.28
0.37
2.03
0.9
1.52
1.36
1.42
0.77
Free Cash Flow per Basic Share
-8.19
-5.35
-2
-1.02
1.04
-0.14
-1.81
1.26
-1.82
-2.44
1.15
1.71
-0.43
1.99
Dividend per Share
1.19
1.15
1.16
1.09
1.28
1.15
1.15
0.92
0.83
0.91
1.12
1.68
1.38
1.24
Book Value per Share
0.08
0.08
0.08
0.34
0.31
0.31
-1.34
-1.53
-0.49
-0.77
-0.58
-0.76
-0.18
-0.83
Tangible Book Value per Share
18.1
15.34
15.68
16.04
15.96
15.69
33.94
16.09
15.37
14.91
14.96
19.95
14.97
14.15
Basic Weighted Avg Shares
36
48
52
55
60
62
65
149
168
171
170
201
266
265
Sales/Revenue/Turnover
52
71
77
75
88
88
-13
67
349
165
277
273
408
236
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Net Income, GAAP
47
65
71
69
82
82
-19
55
340
153
259
274
377
205
Effective Tax Rate (%)
- -
- -
- -
0.48
0.02
- -
- -
- -
0.16
0.79
1.37
0.21
- -
- -
Profit Margin (%)
89.67
92.13
92.3
92.17
93.94
93.55
146.78
82.1
97.37
92.84
93.35
100.45
92.35
86.67
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
421
698
806
860
777
843
2,119
2,018
2,551
3,076
3,118
4,599
4,901
4,702
Total Equity
658
733
811
879
958
969
2,223
2,396
2,583
2,544
2,548
4,015
3,983
3,748
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
11.98
11.63
9.37
8.2
9.83
9.89
- -
2.87
15.98
5.67
8.67
7.33
- -
6.95
Return on Common Equity (%)
2,962.11
2,030.05
1,779.79
597.41
438.57
432.03
- -
- -
- -
- -
- -
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'26
Mar'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
266
263
261
Market Capitalization
3,642
3,607
3,353

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'26
Mar'26
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
24
94
72
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
21.89%
12.64%
-0.8%
Free Cash Flow
23.74%
-86.18%
-133.03%
Net Income, GAAP
7.55%
115.44%
37.57%
Sales/Revenue/Turnover
-24.2%
97.17%
49.63%
Total Cash Common Dividend
23.02%
24.48%
8.88%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
82
92
-1
94
273
2025
119
84
98
104
408
2026
73
-39
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.45
0.55
0.05
0.36
1.36
2025
0.42
0.3
0.34
0.36
1.42
2026
0.25
-0.18
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.35
0.37
0.38
0.53
1.68
2025
0.41
0.34
0.31
0.33
1.38
2026
0.32
0.28
- -
- -
- -

Company Description

APIChat
CEO
David Golub
Full Time Employees
875
Sector
Financial Services
Industry
Asset Management
Address
200 Park Avenue New York City NY United States of America 10166
IPO Date
Apr 15, 2010
Business
Golub Capital BDC, Inc. (GBDC) operates as an externally managed, closed-end, non-diversified business development company that primarily invests in first lien senior secured and floating rate loans, unitranche loans, second lien loans, mezzanine debt and minority equity securities of U.S. middle-market companies backed by private equity sponsors; its portfolio, as of September 30, 2025, comprises 92% first lien debt, 99% floating rate investments, 417 obligors with an average investment size of 0.2% and diversification across resilient industries including software, healthcare, business services and restaurants. Founded in 2009 and headquartered in New York, GBDC is managed by GC Advisors LLC, an affiliate of Golub Capital, which oversees over $85 billion in capital under management and maintains offices in North America, Europe, Asia and the Middle East. In June 2024, GBDC completed its acquisition of Golub Capital BDC 3, Inc. (GBDC 3) by merger, following the prior 2019 acquisition of Golub Capital Investment Corporation (GCIC); in November 2024, the company executed a $2.2 billion collateralized loan obligation (CLO) securitization through subsidiary Golub Capital BDC CLO 8, redeemed $1.91 billion in legacy term debt financings including 2018 and 2021 securitizations and plans to redeem an additional $386.6 million GBDC 3 2022-2 securitization in December 2024 while expanding its senior secured revolving credit facility to $1.8975 billion and terminating the GBDC 3 facility to optimize borrowing costs, extend maturities and enhance liquidity.

Company News

APIChat
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