profit from every $100 of sales.

Golub Capital BDC
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
You pay $8.64 for every $1 of profit it makes in a year.
of earnings would pay off all its debt.
Money in, money out
What Golub Capital BDC sold, what it kept, and what it did with the cash.
Sales went from $165 million in 2022 to $408 million in 2025, with $377 million of profit last year.
Golub Capital BDC vs. similar companies
Golub Capital BDC grows the fastest of these 5 and is priced in the middle for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
Golub Capital BDC | 8.6× · Cheap | ||
BlackRock | 34.0× · Expensive | ||
Blackstone | 49.1× · Expensive | ||
Investor | 8.5× · Cheap | ||
Brookfield | 70.0× · Very expensive |
AI analysis
An AI analyst reads Golub Capital BDC's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 165 | 277 | 273 | 408 | |
| – | – | – | – | |
| – | – | – | – | |
| – | – | – | – | |
| 153 | 259 | 274 | 377 | |
| 0.90 | 1.52 | 1.36 | 1.42 | |
| – | – | – | – | |
| – | – | – | – | |
| 92.8% | 93.4% | 100.4% | 92.4% |
Balance sheet
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 5,681 | 5,733 | 8,704 | 8,978 |
| Cash | 124 | 70 | 131 | 24 |
| Total debt | 3,076 | 3,118 | 4,599 | 4,901 |
| Total liabilities | 3,137 | 3,186 | 4,689 | 4,996 |
| 2,545 | 2,548 | 4,015 | 3,983 | |
| 171 | 170 | 201 | 266 | |
| – | – | – | – | |
| 6.0% | 10.2% | 6.8% | 9.5% |
Cash flow
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| -416 | 195 | 344 | -114 | |
| – | – | – | – | |
| -416 | 195 | 344 | -114 | |
| Dividends paid | 155 | 191 | 338 | 368 |
| 36 | 64 | 5 | 78 | |
| – | – | – | – |
Valuation
- 8.6×
- 8.7×
- 0.53
- 0.9×
- 8.0×
- –
- –
- -3.5%
- 11.6%
- 11.6%
Profitability
- 75.4%
- 57.1%
- 92.4%
- 56.6%
- 5.1%
- 4.3%
- 5.2%
- 2.4%
- 5.7%
- –
Growth
- +35.1%
- +16.4%
- −133.0%
- +5.4%
- +12.2%
Financial health
- 10.6×
- 1.25
- 55.1%
- 1.6×
- 0.21
- 0.21
- 0.09
How it ranks in Financial Services
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
What analysts expect
- Average price target
- $14.33
- Range
- $13.00 – $15.00
- 2 analysts
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| May 4, 2026 | 0.34 | 0.36 | −5.6% |
| Feb 4, 2026 | 0.38 | 0.38 | +0.0% |
| Nov 18, 2025 | 0.39 | 0.39 | −0.3% |
| Aug 4, 2025 | 0.39 | 0.38 | +2.6% |
| May 5, 2025 | 0.39 | 0.41 | −4.9% |
| Feb 4, 2025 | 0.39 | 0.43 | −9.3% |
| Nov 19, 2024 | 0.47 | 0.44 | +6.8% |
| Aug 5, 2024 | 0.48 | 0.49 | −2.0% |
Paid per share, each year
$1.28 in 2015 → $1.56 in 2025
How safe it looks
97.8% of its profit
Room to growStretchedMore than it earns: -324.1%
News
No recent news on file.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
3/7Passes 3 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Questions about Golub Capital BDC
Is Golub Capital BDC a good stock to buy?
A business with weak numbers, and the price looks low. 3 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Golub Capital BDC AI analysis
What does Golub Capital BDC do?
Golub Capital BDC, Inc. (GBDC) is a business development company and operates as an externally managed closed-end non-diversified management investment company. It is in Asset Management, based in New York, NY, United States.
Does Golub Capital BDC pay a dividend?
Yes. At today's price the dividend is 11.6% a year, about 98% of its yearly profit. In 2025 it paid out $368 million in dividends.
Is Golub Capital BDC stock halal?
No. Golub Capital BDC does not pass our halal screen: it was reviewed by hand and does not pass. How we check
How has Golub Capital BDC stock done over the past year?
Down 9.6% over the past twelve months, to $12.54. It traded between $11.97 and $14.37 and is 12.7% below its high.
Who are Golub Capital BDC's competitors?
The largest listed companies in the same industry are BlackRock, Blackstone, Investor and Brookfield. The peers table on this page compares their profit, growth and price with Golub Capital BDC's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.



