stockrow
Friday 6 November 2026
Export KBDC’s income statement to Excel — free account
Kayne Anderson BDC, Inc.
KBDC Financial Asset Management
Kayne Anderson BDC, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $235.8 million, up 10.7% from fiscal 2024.
- Revenue
- −2.78%
- EPS
- −71.4%
- Free cash flow
- +221.2%
- Total debt
- +4.70%
Quarter to September 2026, against a year earlier
12.54
0.20
−1.57%
Follow KBDC
Alert me
Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to December
| Ten-year view | Analyst estimates Powerpack | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM Sep ’26 | Trend | 10 yrs | 2026e | 2027e | 2028e | Next 3/yr |
| Income, $m | ||||||||||||||||||
| Income, $m | Revenue | — | — | — | — | — | 19 | 75 | 161 | 213 | 236 | 236 | +88.3% | 228 | 234 | — | (0.4%) | |
| Gross margin, % | — | — | — | — | — | 88.48 | 84.17 | 87.04 | 83.61 | 83.45 | 84.96 | (5.0) pt | ||||||
| EBT | — | — | — | — | (1) | 22 | 46 | 77 | 133 | 95 | 76 | n/m | ||||||
| EBT margin, % | — | — | — | — | 0.00 | 118.84 | 61.16 | 47.87 | 62.25 | 40.44 | 32.04 | +40.4 pt | ||||||
| Net income | — | — | — | — | (1) | 22 | 46 | 77 | 132 | 94 | 57 | n/m | ||||||
| Per share, $ | ||||||||||||||||||
| Per share, $ | Revenue | — | — | — | — | — | 1.75 | 2.75 | 4.10 | 3.34 | 3.36 | 0.00 | +17.7% | |||||
| Earnings | — | — | — | — | — | 2.08 | 1.68 | 1.96 | 2.07 | 1.33 | 0.84 | (10.5%) | ||||||
| Cash flow | — | — | — | — | 0.00 | (52.17) | (19.93) | (2.80) | (8.54) | (1.41) | 1.75 | n/m | ||||||
| Capex | — | — | — | — | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | n/m | ||||||
| Free cash flow | — | — | — | — | 0.00 | (52.17) | (19.93) | (2.80) | (8.54) | (1.41) | 1.75 | n/m | ||||||
| Book value | — | — | — | — | 0.00 | 29.11 | 21.78 | 17.40 | 18.61 | 15.80 | 15.69 | n/m | ||||||
| Shares, m | — | — | — | — | — | 11 | 27 | 39 | 64 | 70 | 67 | +60.0% | ||||||
| Valuation, × | ||||||||||||||||||
| Valuation, × | P/E | — | — | — | — | — | 8.01 | 8.01 | 8.01 | 7.87 | 10.76 | 15.19 | 8.5 | |||||
| P/S | — | — | — | — | — | 4.32 | 4.32 | 4.32 | 4.95 | 4.27 | 3.57 | 4.4 | ||||||
| P/B | — | — | — | — | — | 0.91 | 0.91 | 0.91 | 0.89 | 0.91 | 0.81 | 0.9 | ||||||
| EV/Sales | — | — | — | — | — | 7.95 | 7.95 | 7.95 | 8.83 | 8.94 | — | 8.3 | ||||||
| EV/FCF | — | — | — | — | — | (10.95) | (10.95) | (10.95) | (3.45) | (21.35) | — | (11.5) | ||||||
| Cash, $m | ||||||||||||||||||
| Cash, $m | Operating cash flow | — | — | — | — | 0 | (559) | (542) | (110) | (545) | (99) | 115 | n/m | |||||
| Capex | — | — | — | — | — | — | — | — | — | — | — | — | ||||||
| Free cash flow | — | — | — | — | 0 | (559) | (542) | (110) | (545) | (99) | 115 | n/m | ||||||
| Balance, $m | ||||||||||||||||||
| Balance, $m | Working capital | — | — | — | — | (1) | 0 | (1) | 9 | 39 | 15 | (59) | n/m | |||||
| Net debt | — | — | — | — | 0 | 264 | 563 | 656 | 826 | 1,102 | 1,172 | n/m | ||||||
| Shareholders’ equity | — | — | — | — | (1) | 312 | 592 | 683 | 1,186 | 1,110 | 1,036 | n/m | ||||||
| Returns, % | ||||||||||||||||||
| Returns, % | ROA | — | — | — | — | 0.00 | 7.60 | 5.14 | 5.89 | 7.53 | 4.29 | 2.44 | +4.3 pt | |||||
| ROIC | — | — | — | — | 0.00 | 1.66 | 3.30 | 6.43 | 5.97 | 5.51 | 0.00 | +5.5 pt | ||||||
| ROE | — | — | — | — | 0.00 | 0.00 | 10.12 | 12.09 | 14.12 | 8.16 | 5.20 | +8.2 pt | ||||||
| People | ||||||||||||||||||
| People | Employees | — | — | — | — | — | — | — | — | — | — | — | — | |||||
| Revenue/emp, $m | — | — | — | — | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | — | n/m | ||||||
Negative figures in brackets.
estimates
Fiscal years to Dec 2025 · latest quarter Jun 2026 · fundamentals updated 5 Nov 2026
Kayne Anderson BDC, Inc. vs peers in Asset Management (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| GSBD Goldman Sachs BDC, Inc. | $990.6M | 34.0× | 11.6× | −7.97% (below 0%: shrinking) | n/m | +465.71% (above 0%: growing) | 100.00% | 87.38% | Compare |
| BBDC BARINGS BDC, INC. | $915.1M | 10.3× | 9.9× | −11.20% (below 0%: shrinking) | +9.09% (above 0%: growing) | −250.65% (below 0%: shrinking) | 100.00% | 0.00% | Compare |
| BUR Burford Capital Limited | $869.6M | — (loss-making) | — (loss-making) | +110.46% (above 0%: growing) | n/m | −531.48% (below 0%: shrinking) | 100.00% | 66.57% | Compare |
| MFIC MidCap Financial Investment Corporation | $846.0M | — (loss-making) | 56.7× | −24.94% (below 0%: shrinking) | n/m | +21.89% (above 0%: growing) | 100.00% | 0.00% | Compare |
| KBDC Kayne Anderson BDC, Inc. | $841.3M | 15.2× | 10.9× | −2.78% (below 0%: shrinking) | −71.43% (below 0%: shrinking) | +221.15% (above 0%: growing) | 86.61% | 84.68% | |
| VRTS Virtus Investment Partners, Inc. | $827.0M | 7.0× | — (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 | $775.5M | 9.4× | 9.4× | +23.25% (above 0%: growing) | −3.24% (below 0%: shrinking) | +118.22% (above 0%: growing) | 100.00% | 71.60% | Compare |
| CGBD Carlyle Secured Lending, Inc. | $749.3M | 20.7× | 16.5× | −4.97% (below 0%: shrinking) | n/m | +7.08% (above 0%: growing) | 100.00% | 0.00% | Compare |
| PSEC Prospect Capital Corporation | $739.3M | — (loss-making) | 4.2× | −3.73% (below 0%: shrinking) | n/m | +36.81% (above 0%: growing) | 74.32% | 70.51% | Compare |
| Median of peers | $836.5M | 10.3× | 10.7× | −4.66% | +9.09% | +14.49% | 100.00% | 40.07% |