Saratoga Investment Corp.

Saratoga Investment Corp.

SAR
Saratoga Investment Corp.US flagNew York Stock Exchange
19.50
USD
+0.09
- -
318.06MMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
2.47
2.72
2.83
2.99
3.73
3.52
6.83
2.35
5.03
3.04
1.61
3.03
3.15
1.76
Basic EPS, GAAP
1.73
2.04
2.09
1.98
2.93
2.63
5.98
1.32
3.99
2.06
0.71
2.02
2.31
0.98
Free Cash Flow per Basic Share
-6
-4.03
-5.77
1.17
-5.11
-5.67
-1.63
-5.57
-17.73
-10.9
-12.41
14.2
-5.55
-9.1
Dividend per Share
0.51
0.27
1.42
1.18
1.5
1.7
1.82
1.01
1.58
1.89
2.53
2.93
3.3
2.89
Book Value per Share
-6.32
-4.44
-4.7
-4.83
-7.52
-3.22
1.59
-0.06
2.42
2.1
-0.07
-1.46
-2.72
-3.86
Tangible Book Value per Share
23.05
22.77
22.42
22.18
23.85
25.67
32.65
27.19
31.05
29
29.22
28.22
24.99
23.54
Basic Weighted Avg Shares
5
5
6
6
6
7
9
11
11
12
13
14
16
16
Sales/Revenue/Turnover
12
15
16
17
22
25
64
26
58
36
20
42
50
28
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Net Income, GAAP
8
11
12
11
18
19
56
15
46
25
9
28
37
16
Effective Tax Rate (%)
- -
2.6
0.97
0.39
- -
3.84
1.08
25.89
5.73
7.78
23.64
12.14
3.89
4.97
Profit Margin (%)
69.84
75.24
73.7
66.4
78.77
74.68
87.63
56.14
79.43
67.88
43.87
66.71
73.33
55.69
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
94
132
161
181
206
277
205
274
499
711
804
782
726
803
Total Equity
113
123
125
127
144
181
304
304
356
347
370
393
396
378
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
93.5
- -
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Nov'26
Feb'26
May'27
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
16
16
16
Market Capitalization
366
367
362

Working Capital

FRC

in mil. unless spec.
Nov'26
Feb'26
May'27
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
52
2
46
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
13.68%
5.63%
0.89%
Free Cash Flow
-55.78%
-31.93%
-144.56%
Net Income, GAAP
52.97%
68.87%
30.33%
Sales/Revenue/Turnover
31.11%
32.64%
18.56%
Total Cash Common Dividend
24.28%
36.61%
28.49%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
10
16
12
5
42
2026
17
15
15
2
50
2027
-5
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
0.48
0.97
0.64
- -
2.02
2026
0.91
0.84
0.74
-0.16
2.31
2027
-0.42
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
0.66
0.66
0.65
- -
2.93
2026
1.09
0.67
0.67
0.89
3.3
2027
0.66
- -
- -
- -
- -

Company Description

APIChatGPT
CEO
Chris Long Oberbeck
Sector
Financial Services
Industry
Asset Management
Address
535 Madison Avenue New York NY United States of America 10022
IPO Date
Mar 27, 2007
Business
Saratoga Investment Corp. Saratoga Investment Corp. (NYSE: SAR) is a publicly traded business development company that provides customized debt and equity financing solutions to middle-market companies in the United States. The company originates, structures, and holds a diversified portfolio of investments primarily consisting of first and second lien senior secured loans, mezzanine debt, unitranche facilities, select high yield and senior secured bonds, unsecured bonds, and preferred and common equity co-investments; it targets leveraged and management buyouts, acquisition financings, growth financings, recapitalizations, debt refinancing, and transitional financings in companies with EBITDA of $2 million or greater and revenues between $5 million and $250 million across sectors including aerospace, automotive aftermarket, business products and services, consumer products, education, environmental services, healthcare, logistics, manufacturing, software and technology services, specialty chemicals, media, and telecommunications. Founded in 2007 and formerly known as GSC Investment Corp., Saratoga Investment Corp. is headquartered at 535 Madison Avenue in New York, New York, with an additional office in Florham Park, New Jersey, and operates through direct lending, loan syndicates, and partnerships with private equity sponsors, business owners, and management teams. In recent developments, the company announced a new $85 million credit facility with Valley National Bank in November 2025 to enhance its borrowing capacity; it closed or advanced approximately $52.3 million in new originations across three new portfolio companies and two follow-ons subsequent to its fiscal second quarter 2026 ending August 31, 2025, contributing to a net anticipated portfolio increase of $39.5 million and maintaining total undrawn borrowing capacity of $406.8 million; additionally, it declared a special dividend of $0.25 per share in November 2025 to fulfill its fiscal 2025 distribution requirements and operates an active $300 million at-the-market equity offering program through brokers including Ladenburg Thalmann, Raymond James, Lucid Capital Markets, and Compass Point.

Company News

APIChatGPT
  • Saratoga Investment Q1 Earnings Call Highlights

  • 5 Income Stocks Yielding 10%+ with Dividends in Danger

  • Saratoga Investment Corp (SAR) Q1 2027 Earnings Call Transcript

  • Saratoga Investment (SAR) Q1 Earnings and Revenues Miss Estimates

  • Saratoga Investment Corp. Announces Fiscal First Quarter 2027 Financial Results

  • Saratoga Investment Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

  • Saratoga Investment Corp. to Report Fiscal First Quarter 2027 Financial Results and Hold Conference Call

  • Wedgemount Resources Announces Adoption of Semi-Annual Reporting

  • Saratoga Investment Corp. Declares Dividend of $0.75 Per Share for the Second Quarter of Fiscal 2027; Paid in Monthly Dividends of $0.25 Per Share

  • Need Over $1000 per Month of Passive Income? Our Ultra-High-Yield Portfolio Can Make It Happen

  • Saratoga Investment: Holds Up Better Than The BDC Market Despite Software Risks

  • Ventripoint Announces Adoption of Semi-Annual Reporting (SAR)

  • Gold Orogen Announces Semi-Annual Financial Reporting (SAR) Adoption

  • Rackla Metals Adopts Semi-Annual Financial Reporting

  • Lode Gold Announces Semi-Annual Financial Reporting (SAR) Adoption

  • Yuchai's Flywheel Range Extension Technology Arrives in Hong Kong SAR, Setting a New Benchmark for Green Mobility

  • Top Monthly Paying BDCs For Durable Retirement Income

  • Adamera Adopts Semi-Annual Financial Reporting

  • Saratoga Investment Corp (SAR) Q4 2026 Earnings Call Transcript

  • Saratoga Investment (SAR) Meets Q4 Earnings Estimates