Oaktree Specialty Lending Corporation

Oaktree Specialty Lending Corporation

OCSL
Oaktree Specialty Lending CorporationUS flagNASDAQ Global Select
11.81
USD
-0.36
- -
1.04BMarket Cap
Oaktree Specialty Lending Corporation
OCSL
(NASDAQ Global Select)

Recent

price

11.81

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
1.8
1.72
3.3
3.02
2.65
0.57
-0.89
-3.9
1.22
2.71
1.11
4.59
0.64
1.74
0.72
0.29
0.63
Revenue per Share
1.48
1.41
2.99
2.77
2.38
0.3
-1.35
-4.18
1
2.68
0.83
4.39
0.48
1.63
0.72
0.39
0.56
Basic EPS, GAAP
-15.79
-24.26
-3.45
-12.56
-11.54
2.86
3.35
10.33
1.14
4.59
-3.25
-4.27
0.37
3.17
0.24
2.65
0.79
Free Cash Flow per Basic Share
2.76
3.59
3.46
3.14
2.8
2.25
2.04
1.33
1.17
1.11
1.13
1.48
1.9
2.5
2.2
1.72
1.54
Dividend per Share
0.79
-0.07
-0.28
-0.53
-0.41
-0.49
-0.51
-15.09
-13.51
-11.86
-12.19
-9.1
-9.59
-9.02
-9.66
-10.27
-10.99
Book Value per Share
37.58
34.12
34.07
37.24
31.24
26.5
23.25
18.4
18.26
19.81
19.47
24.29
20.51
21.02
18.5
17.03
15.69
Tangible Book Value per Share
15
21
27
37
47
51
49
47
47
47
47
54
61
72
80
86
88
Basic Weighted Avg Shares
27
37
87
111
125
29
-44
-184
57
127
52
248
39
125
58
25
55
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
22
30
79
102
113
15
-67
-197
47
126
39
237
29
117
58
34
50
Net Income, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
1.31
0.79
- -
1.49
11.07
1.46
- -
3.57
1.84
Effective Tax Rate (%)
82.28
82.38
90.78
91.64
89.85
52.93
152.63
107.24
81.59
99.24
74.98
95.55
74.71
93.71
100.51
135.95
89.67
Profit Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Working Capital
- -
463
466
646
1,152
1,199
1,149
675
637
473
709
1,269
1,301
1,601
1,639
1,487
1,482
LT Debt
569
729
904
1,369
1,478
1,353
1,142
868
858
931
915
1,313
1,246
1,516
1,488
1,466
1,382
Total Equity
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
183.36
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)

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
88
88
88
Market Capitalization
1,123
1,115
995

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'26
Mar'26
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
80
81
51
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
2.28%
11.35%
-1.48%
Free Cash Flow
211.98%
373.62%
1,097.17%
Net Income, GAAP
26.74%
125.33%
-41.42%
Sales/Revenue/Turnover
40.29%
79.96%
-56.69%
Total Cash Common Dividend
6.73%
26.59%
-16.18%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
12
10
-1
36
58
2025
3
-40
36
26
25
2026
9
-15
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.14
0.12
0.01
0.45
0.72
2025
0.09
-0.42
0.44
0.28
0.39
2026
0.06
-0.21
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.6
0.54
0.53
0.53
2.2
2025
0.53
0.43
0.38
0.39
1.72
2026
0.39
0.39
- -
- -
- -
Business
Oaktree Specialty Lending Corporation (OCSL) is a specialty finance company that originates, invests in, and manages a portfolio of senior secured loans, mezzanine debt, and preferred equity securities primarily to middle-market companies in the United States. The company provides customized credit solutions, including first-lien senior secured loans, unitranche loans, second-lien loans, mezzanine loans, and equity co-investments; it targets companies with enterprise values typically between $20 million and $150 million across diversified industries such as manufacturing, business services, consumer products, healthcare, software, and logistics. OCSL operates as a business development company (BDC) regulated under the Investment Company Act of 1940, with investments focused on U.S.-based borrowers, and maintains its headquarters in Los Angeles, California, where it was founded in 2008 as a portfolio company of Oaktree Capital Management, L.P. In recent developments, OCSL completed a strategic merger with Oxford Lane Capital Corp. in early 2024, expanding its investment platform and enhancing its ability to pursue opportunistic credit investments; the company also announced a new at-the-market (ATM) equity offering program in mid-2025 to bolster its capital base amid favorable market conditions for lending. Additionally, OCSL formed a co-investment partnership with Blue Owl Credit Income Corp. in late 2024 to jointly originate senior loans, marking a key alliance to scale deployment of capital in a competitive middle-market environment. These moves reflect OCSL's focus on portfolio diversification and growth, with no major leadership changes or reorganizations reported in the past year.

Company News

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