profit from every $100 of sales.
$0$100
Saratoga Investment
$11.47-1.55% today
-48.4% in 1 year
1-year low $11.471-year high $24.02
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 2026.
0%20% a year
You pay $4.88 for every $1 of profit it makes in a year.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What Saratoga Investment sold, what it kept, and what it did with the cash.
Sales went from $36.4 million in 2023 to $49.9 million in 2026, with $36.6 million of profit last year.
SalesProfit
Saratoga Investment vs. similar companies
Saratoga Investment grows in the middle of these 5 and is the cheapest for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| Saratoga Investment | 4.9× · Cheap | ||
 BlackRock | 34.0× · Expensive | ||
 Blackstone | 49.1× · Expensive | ||
 Investor | 8.5× · Cheap | ||
 Brookfield | 70.0× · Very expensive |
AI analysis
An AI analyst reads Saratoga Investment'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 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| 36 | 20 | 42 | 50 | |
| – | – | – | – | |
| – | – | – | – | |
| – | – | – | – | |
| 25 | 9 | 28 | 37 | |
| 2.06 | 0.71 | 2.02 | 2.31 | |
| – | – | – | – | |
| – | – | – | – | |
| 67.9% | 43.9% | 66.7% | 73.3% |
Balance sheet
| In millions of USD | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| Total assets | 1,078 | 1,191 | 1,192 | 1,139 |
| Cash | 66 | 9 | 148 | 2 |
| Total debt | 711 | 804 | 782 | 726 |
| Total liabilities | 731 | 821 | 799 | 743 |
| 347 | 370 | 393 | 396 | |
| 12 | 13 | 14 | 16 | |
| – | – | – | – | |
| 7.1% | 2.4% | 7.2% | 9.2% |
Cash flow
| In millions of USD | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| -130 | -157 | 198 | -88 | |
| – | – | – | – | |
| -130 | -157 | 198 | -88 | |
| Dividends paid | 23 | 32 | 41 | 52 |
| 11 | 2 | 0 | 0 | |
| – | – | – | – |
Valuation
- 4.9×
- 5.0×
- 1.25
- 0.9×
- 3.6×
- –
- –
- -49.3%
- 20.5%
- 14.6%
Profitability
- 61.2%
- 43.1%
- 73.3%
- 1,127.6%
- 0.2%
- 2.2%
- 9.1%
- 3.2%
- -0.0%
- –
Growth
- +11.1%
- +3.9%
- −81.4%
- +16.9%
- +8.5%
Financial health
- 208.7×
- 740.44
- 25,747.2%
- 1.0×
- 0.08
- 0.08
- 0.10
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 16%of 688
Top 19%of 540
Top 5%of 900
Top 38%of 908
Bottom 3%of 941
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 5, 2026 | 0.53 | 0.53 | +0.0% |
| Jan 7, 2026 | 0.61 | 0.59 | +3.4% |
| Oct 7, 2025 | 0.58 | 0.67 | −13.4% |
| Jul 8, 2025 | 0.66 | 0.69 | −4.3% |
| May 7, 2025 | 0.56 | 0.77 | −27.3% |
| Jan 8, 2025 | 0.90 | 0.92 | −2.2% |
| Oct 8, 2024 | 0.97 | 0.94 | +3.2% |
| Jul 9, 2024 | 1.05 | 0.97 | +8.2% |
14.6%of the share price, paid each year
On $1,000 invested$146a year at today's yield, before tax
+16.9%2020 to 2025
Raised–not every year
Paid per share, each year
$2.18 in 2015 → $2.99 in 2025
How safe it looks
143.0% of its profit
Room to growStretchedMore than it earns: 0.0%
News
Saratoga Investment Q2 2027 Earnings PreviewSeeking Alpha · Oct 5, 2026Saratoga Investment prices $85M notes offering at 8%Seeking Alpha · Aug 18, 2026Insider 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
2/7Passes 2 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
44No pass
Benjamin Graham
80Pass
Philip Fisher
60Pass
Peter Lynch
52No pass
Joel Greenblatt
35No pass
Charlie Munger
50No pass
Terry Smith
49No pass
Questions about Saratoga Investment
Is Saratoga Investment a good stock to buy?
A business with weak numbers, and the price looks low. 2 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 Saratoga Investment AI analysis
What does Saratoga Investment do?
Saratoga Investment Corp. is a business development company specializing in leveraged and management buyouts, acquisition financings, growth financings, recapitalization, debt refinancing, and transitional financing transactions at the lower end of middle market companies. It is in Asset Management.
Does Saratoga Investment pay a dividend?
Yes. At today's price the dividend is 14.6% a year, about 143% of its yearly profit. In 2026 it paid out $52.4 million in dividends.
Is Saratoga Investment stock halal?
No. Saratoga Investment does not pass our halal screen: its debt is 407% of its market value, at or above the 33% limit. How we check
How has Saratoga Investment stock done over the past year?
Down 48.4% over the past twelve months, to $11.47. It traded between $11.47 and $24.02 and is 52.2% below its high.
Who are Saratoga Investment'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 Saratoga Investment's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.