Golub Capital BDC, Inc.
GBDC Financial Asset Management
Golub Capital BDC, Inc.’s revenue for fiscal 2025 (year ended September 2025) was $870.8 million, up 20.2% from fiscal 2024.
- Revenue
- −14.0%
- EPS
- −35.3%
- Free cash flow
- +196.2%
- Total debt
- −11.5%
Quarter to June 2026, against a year earlier
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Golub Capital BDC, Inc. (GBDC) Operating margin
Golub Capital BDC, Inc.'s operating margin over the twelve months to 30 June 2026 was 78.2%, down 0.8 percentage points from fiscal 2025 (78.9%). Over the past ten years it has ranged from 69.6% (fiscal 2015) to 82.3% (fiscal 2024); the current reading is higher than 91% of that period. That is above the Asset Management industry median of 27.3% and above the Financial sector median of 0.00%.
Operating margin, annual
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Annual newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| FY2025 | 78.9% | (3.31) |
| FY2024 | 82.3% | 8.73 |
| FY2023 | 73.5% | (0.12) |
| FY2022 | 73.6% | (2.36) |
| FY2021 | 76.0% | 4.44 |
| FY2020 | 71.6% | (3.66) |
| FY2019 | 75.2% | 3.46 |
| FY2018 | 71.8% | (1.62) |
| FY2017 | 73.4% | 0.62 |
| FY2016 | 72.8% | 3.15 |
Quarterly newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| Jun 2026 | 77.9% | (0.05) |
| Mar 2026 | 77.9% | (0.36) |
| Dec 2025 | 78.3% | (0.27) |
| Sep 2025 | 78.6% | (0.20) |
| 42 more quarters | Free account |
Against its own ten years
Operating margin against peers
| Company | Operating margin |
|---|---|
| HTGC Hercules Capital, Inc. compare | 78.9% |
| GBDC Golub Capital BDC, Inc. | 78.2% |
| WT WisdomTree, Inc. compare | 40.0% |
| APAM Artisan Partners Asset Management Inc. compare | 33.4% |
| CNS Cohen & Steers Inc compare | 32.4% |
| AAMI Acadian Asset Management Inc. compare | 25.5% |
| FSK FS KKR Capital Corp. compare | 0.00% |
| ASST Strive, Inc. compare | −9,606.3% |
| AB AllianceBernstein Holding L.P. compare | — |
| Asset Management industry median | 27.3% |
| Financial sector median | 0.00% |
| Market median | 0.00% |
What Operating margin is
EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.
EBIT ÷ Revenue
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- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
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- Piotroski F-score
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