profit from every $100 of sales.
$0$100
Palmer Square Capital BDC
$9.80-0.31% today
-18.5% in 1 year
1-year low $9.421-year high $12.40
Trading close to its lowest price of the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2023 to 2025.
0%20% a year
It has no yearly profit to compare the price with.
CheapExpensive
It holds more cash than debt.
No debt5 years
Money in, money out
What Palmer Square Capital BDC sold, what it kept, and what it did with the cash.
Sales went from -$72.8 million in 2022 to $1.17 million in 2025, with -$3.17 million of profit last year.
SalesProfit
Palmer Square Capital BDC handed back 46% of the cash it generated last year.
$55M
Free cash flow 2025$161M
Bought back its own shares$18M
Paid as dividends$55M
Cash vs. debt$3M vs. $717M
Palmer Square Capital BDC vs. similar companies
How it compares with the largest companies in its industry.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| Palmer Square Capital BDC | No profit yet | ||
 BlackRock | 34.0× · Expensive | ||
 Blackstone | 49.1× · Expensive | ||
 Investor | 8.5× · Cheap | ||
 Brookfield | 70.0× · Very expensive |
AI analysis
An AI analyst reads Palmer Square 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 |
|---|---|---|---|---|
| -73 | 109 | 52 | 1 | |
| – | – | – | – | |
| – | – | – | – | |
| – | – | – | – | |
| -74 | 108 | 48 | -3 | |
| -2.32 | 3.36 | 1.47 | -0.10 | |
| – | – | – | – | |
| – | – | – | – | |
| 102.2% | 98.8% | 91.1% | -272.0% |
Balance sheet
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 1,057 | 1,122 | 1,431 | 1,219 |
| Cash | 2 | 2 | 3 | 3 |
| Total debt | 641 | 642 | 804 | 717 |
| Total liabilities | 694 | 660 | 893 | 755 |
| 363 | 462 | 538 | 464 | |
| 32 | 33 | 32 | 32 | |
| – | – | – | – | |
| -20.5% | 23.3% | 8.9% | -0.7% |
Cash flow
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 25 | 20 | -201 | 161 | |
| – | – | – | – | |
| 25 | 20 | -201 | 161 | |
| Dividends paid | 19 | 34 | 47 | 55 |
| 0 | 0 | 1 | 18 | |
| – | – | – | – |
Valuation
- –
- 6.4×
- –
- 0.7×
- 253.4×
- 1.8×
- –
- 54.4%
- -1.1%
- 15.3%
Profitability
- 33.5%
- -35.1%
- -272.0%
- -35.1%
- -0.2%
- 1.5%
- -0.0%
- -0.0%
- -0.0%
- –
Growth
- −89.7%
- –
- +50.5%
- –
- +0.0%
Financial health
- -32.7×
- 1.54
- 0.1%
- -0.4×
- –
- –
- 0.00
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.
Bottom 11%of 754
Bottom 4%of 605
Bottom 1%of 880
Top 2%of 929
What analysts expect
- Average price target
- $12.00
- Range
- $11.00 – $13.00
- 1 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 6, 2026 | 0.35 | 0.40 | −12.5% |
| Feb 26, 2026 | 0.41 | 0.42 | −2.4% |
| Nov 5, 2025 | 0.43 | 0.41 | +4.9% |
| Aug 6, 2025 | 0.43 | 0.41 | +4.9% |
| May 7, 2025 | 0.40 | 0.44 | −9.1% |
| Feb 27, 2025 | 0.46 | 0.47 | −2.1% |
| Nov 5, 2024 | 0.48 | 0.48 | +0.0% |
| Aug 8, 2024 | 0.48 | 0.51 | −5.9% |
15.3%of the share price, paid each year
On $1,000 invested$153a year at today's yield, before tax
–per share
Raised–not every year
Paid per share, each year
$2.08 in 2024 → $1.66 in 2025
How safe it looks
-165.8% of its profit
Room to growStretchedMore than it earns: 34.4%
News
Elon Musk, Palmer Luckey and Newt Gingrich to help Pentagon with warfare initiative, Hegseth saysCNBC · Sep 30, 2026Goldman Sachs in talks to acquire $37B credit firm Palmer Square - reportSeeking Alpha · Sep 22, 2026The newest story we have is from Sep 30, 2026.
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
0/7Passes 0 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.
Warren Buffett
28No pass
Benjamin Graham
40No pass
Philip Fisher
40No pass
Peter Lynch
24No pass
Joel Greenblatt
0No pass
Charlie Munger
17No pass
Terry Smith
21No pass
Questions about Palmer Square Capital BDC
Is Palmer Square Capital BDC a good stock to buy?
A business with weak numbers that is not profitable yet. 0 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 Palmer Square Capital BDC AI analysis
What does Palmer Square Capital BDC do?
Palmer Square Capital BDC Inc. is a business development company specializing in direct investment. The Fund prefers to invest in corporate debt securities, collateralized loan obligation, and structured credit. The Fund prefers to invest in the United States. It is in Asset Management.
Does Palmer Square Capital BDC pay a dividend?
Yes. At today's price the dividend is 15.3% a year. In 2025 it paid out $55.3 million in dividends.
Is Palmer Square Capital BDC stock halal?
No. Palmer Square Capital BDC does not pass our halal screen: it looks like an interest-income fund. How we check
How has Palmer Square Capital BDC stock done over the past year?
Down 18.5% over the past twelve months, to $9.80. It traded between $9.42 and $12.40 and is 21.0% below its high.
Who are Palmer Square 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 Palmer Square Capital BDC's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.