Saturday 17 October 2026 Export GSBD’s income statement to Excel — free account

Goldman Sachs BDC, Inc.

Goldman Sachs BDC, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $365.6 million, down 15.8% from fiscal 2024. In the quarter to June 2026, revenue fell 7.97%, EPS fell 38.2%, free cash flow fell 69.3% and total debt rose 2.90%, each against the same quarter a year earlier.

8.73 0.19 −2.13%

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Market cap: $1.0B
P/E: 16.8×
Fwd P/E: 11.2×
Dividend yield: 15.8%
F-score: 6/9
Altman Z: n/a
Beneish M: n/a
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	—	—	—	—	—	—	—	—	—	—	—	—

Insider Ownership 0.18%

Capital & Financial Ratios $m

Market Cap 1,000.00

Revenue 340.18

Net Income 58.48

Free Cash Flow 81.42

Net Debt 1,838.24

Current Ratio 0.69

Debt/Equity 1.36

P/E ratio 16.79

Fwd P/E 11.20

P/S ratio 2.89

P/B ratio 0.72

Past 5Y EPS Growth (20.58%)

This Y EPS Growth (18.76%)

Next Y EPS Growth (7.53%)

Next Y revenue growth (11.18%)

Next 5Y EPS Growth (11.53%)

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/E against its own 10 years 52.09%

10-year low 10-year high

P/S against its own 10 years 2.06%

10-year low 10-year high

P/B against its own 10 years 2.91%

10-year low 10-year high

Dividends

Payout Ratio 2.65

Annual Dividend Rate 1.38

Annual Dividend Yield 15.81%

	total	individual payouts
2028	Powerpack
2027	Powerpack
2026	1.32	0.03 0.32 0.32 0.03 0.32
2025	1.67	0.16 0.05 0.16 0.03 0.32 0.04 0.32
2024	1.80	0.45 0.45 0.45 0.45
2023	1.80	0.45 0.45 0.45 0.45
2022	1.80	0.45 0.45 0.45 0.45
2021	1.80	0.05 0.45 0.05 0.45 0.05 0.45 0.45
2020	1.80	0.45 0.45 0.45 0.45
2019	1.80	0.45 0.45 0.45 0.45
2018	1.80	0.45 0.45 0.45 0.45
2017	1.80	0.45 0.45 0.45 0.45
2016	1.80	0.45 0.45 0.45 0.45

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	52	62	43	14
Receivables	39	28	27	24
Inventory	—	—	—	—
Other	—	—	—	—
	106	102	83	54

	2023	2024	2025	Q'26
Payables	84	89	74	70
ST’ Debt	—	—	—	—
Other	—	—	—	—
	93	101	82	77

Compound Annual Growth %

	10y	5y	3y
Sales	11.93%	16.15%	0.75%
Cash Flow	0.00%	14.46%	128.11%
Earnings	9.85%	(7.50%)	29.43%
Book Value	7.53%	(2.50%)	(1.79%)

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	79	84	—	—	—
’25	97	91	92	86	366
’24	112	109	110	104	434
’23	107	112	120	115	455
’22	78	77	95	106	357
’21	83	84	97	84	347
’20	32	31	31	79	173

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	10	54	—	—	—
’25	134	174	47	(30)	326
’24	7	(122)	104	13	2
’23	32	26	160	83	301
’22	39	(95)	(54)	137	27
’21	100	133	64	(327)	(30)
’20	(104)	13	17	239	166

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	10	54	—	—	—
’25	134	174	47	(30)	326
’24	7	(122)	104	13	2
’23	32	26	160	83	301
’22	39	(95)	(54)	137	27
’21	100	133	64	(327)	(30)
’20	(104)	13	17	239	166

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	(0.12)	0.21	—	—	—
’25	0.27	0.34	0.22	0.21	1.03
’24	0.39	(0.47)	0.32	0.33	0.55
’23	0.27	0.60	0.47	0.46	1.81
’22	0.39	0.18	(0.07)	0.03	0.54
’21	0.60	0.54	0.37	0.38	1.89
’20	(1.58)	0.86	0.80	3.18	3.26

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	16.66	21.00	17.73	18.08	8.00	17.00	13.54	12.75	11.87	9.26	Analyst estimates 2026–2028 Powerpack
	High	23.81	25.60	22.75	22.47	22.50	20.65	20.60	16.52	15.94	13.45
People
People	Employees	—	—	—	—	—	—	—	—	—	—
	Revenue/emp, $m	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Income, $m
Income, $m	Revenue	125	137	147	147	173	347	357	455	434	366
	Gross margin, %	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00
	EBT	41	50	54	36	176	192	55	196	63	119
	EBT margin, %	32.49	36.22	36.58	24.55	101.82	55.46	15.39	43.06	14.47	32.63
	Net income	41	50	54	36	176	192	55	196	63	119
	Depreciation	—	(9)	(9)	0	(22)	0	6	—	9	—
Per share, $
Per share, $	Revenue	3.44	3.54	3.65	3.65	3.21	3.41	3.50	4.20	3.79	3.16
	Earnings	1.12	1.28	1.34	0.90	3.26	1.89	0.54	1.81	0.55	1.03
	Cash flow	(0.86)	(1.28)	(1.23)	(0.87)	3.07	(0.29)	0.27	2.78	0.02	2.82
	Capex	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	Free cash flow	(0.86)	(1.28)	(1.23)	(0.87)	3.07	(0.29)	0.27	2.78	0.02	2.82
	Book value	18.31	18.79	17.67	16.77	29.94	15.88	14.69	14.79	13.71	12.31
	Shares, m	36	39	40	40	54	102	102	108	115	116
Valuation, ×
Valuation, ×	P/E	20.97	17.66	13.82	23.64	5.87	10.14	26.36	8.11	21.23	8.92
	P/S	6.76	6.39	5.03	5.83	5.96	5.62	4.00	3.48	3.19	2.93
	P/B	1.27	1.20	1.04	1.27	0.64	1.21	0.95	0.99	0.88	0.75
	EV/Sales	10.70	10.27	9.48	10.99	15.18	10.88	9.52	7.38	7.49	7.95
	EV/FCF	(42.71)	(28.49)	(28.26)	(45.88)	15.84	(126.48)	123.97	11.16	1,324.84	8.93
Cash, $m
Cash, $m	Operating cash flow	(31)	(49)	(49)	(35)	166	(30)	27	301	2	326
	Capex	—	—	—	—	—	—	—	—	—	—
	Free cash flow	(31)	(49)	(49)	(35)	166	(30)	27	301	2	326
Balance, $m
Balance, $m	Working capital	(6)	(3)	(7)	(10)	(2)	(5)	8	12	1	1
	Total debt	498	543	659	770	1,627	1,861	2,013	1,827	1,929	1,878
	Net debt	494	531	653	760	1,595	1,828	1,973	1,774	1,868	1,835
	Shareholders’ equity	665	726	710	676	1,615	1,614	1,502	1,602	1,573	1,423
Returns, %
Returns, %	ROA	3.50	3.98	3.98	2.52	7.36	5.61	1.54	5.51	1.76	3.41
	ROIC	4.17	4.06	3.87	3.55	2.17	4.33	4.19	4.67	4.68	3.56
	ROE	6.01	7.12	7.48	5.22	15.37	11.92	3.53	12.62	3.96	7.96

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
MSDL Morgan Stanley Direct Lending Fund	$1.1B	18.9×	11.6×	−10.79% (below 0%: shrinking)	−78.05% (below 0%: shrinking)	+331.94% (above 0%: growing)	100.00%	79.95%	Compare
OCSL Oaktree Specialty Lending Corp.	$1.0B	24.1×	22.2×	−7.76% (below 0%: shrinking)	−20.45% (below 0%: shrinking)	+173.07% (above 0%: growing)	94.24%	82.04%	Compare
GSBD Goldman Sachs BDC, Inc.	$1.0B	16.8×	11.2×	−7.97% (below 0%: shrinking)	−38.24% (below 0%: shrinking)	−69.26% (below 0%: shrinking)	100.00%	87.38%
RPC Ridgepost Capital, Inc.	$906.2M	31.8×	35.2×	+11.29% (above 0%: growing)	+133.33% (above 0%: growing)	+108.29% (above 0%: growing)	100.00%	21.90%	Compare
BBDC BARINGS BDC, INC.	$900.5M	10.2×	9.2×	−12.36% (below 0%: shrinking)	−10.00% (below 0%: shrinking)	+129.93% (above 0%: growing)	100.00%	77.28%	Compare
PSEC Prospect Capital Corporation	$870.1M	32.0×	6.4×	−6.70% (below 0%: shrinking)	n/m	−475.83% (below 0%: shrinking)	74.95%	70.34%	Compare
KBDC Kayne Anderson BDC, Inc.	$834.1M	11.4×	9.9×	−2.78% (below 0%: shrinking)	−54.29% (below 0%: shrinking)	−2,950.25% (below 0%: shrinking)	86.61%	84.68%	Compare
VRTS Virtus Investment Partners, Inc.	$813.9M	6.8×	— (loss-making)	−4.35% (below 0%: shrinking)	+9.87% (above 0%: growing)	−24.42% (below 0%: shrinking)	100.00%	13.57%	Compare
FDUS Fidus Investment Corporation	$773.1M	9.1×	9.1×	+8.84% (above 0%: growing)	−26.39% (below 0%: shrinking)	−204.97% (below 0%: shrinking)	100.00%	68.28%	Compare
Median of peers	$885.3M	15.1×	9.9×	−5.52%	−20.45%	+41.94%	100.00%	73.81%

All 120 Asset Management stocks →

Goldman Sachs BDC, Inc. (GSBD) key facts

Concern: Goldman Sachs BDC, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $365.6 million, down 15.8% from fiscal 2024.
Goldman Sachs BDC, Inc. (GSBD) is an Asset Management company in the Financial sector, listed on the New York Stock Exchange.
As of October 16, 2026, GSBD traded at $8.73, a market capitalization of $1.0 billion.
Goldman Sachs BDC, Inc. pays an annual dividend of $1.38 per share, a yield of 15.8%.
Return on equity was 7.96% and debt-to-equity 1.36.
Its Piotroski F-score is 6 out of 9 for fiscal 2025.