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. In the quarter to June 2026, revenue fell 2.78%, EPS fell 54.3%, free cash flow fell 2,950.3% and total debt rose 17.4%, each against the same quarter a year earlier. Revenue growth for three consecutive years.

12.43 0.20 −1.58%
Market cap
$834.1M
P/E
11.4×
Fwd P/E
9.9×
Dividend yield
12.9%
F-score
1/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Insider Decisions trades per month

Dec 25 Mar 26 Jun 26 Sep 26
Buy — — — — — — — — — — — —
Sell — — — — — — — — — — — —
Insider Ownership 27.43%

Capital & Financial Ratios $m

Market Cap 834.06
Revenue 236.30
Net Income 74.54
Free Cash Flow (3.54)
Net Debt 1,209.75
Current Ratio 1.25
Debt/Equity 1.16
P/E ratio 11.40
Fwd P/E 9.85
P/S ratio 3.49
P/B ratio 0.78
Past 5Y EPS Growth —
This Y EPS Growth (2.76%) (below 0%: weak)
Next Y EPS Growth (3.05%) (below 0%: weak)
Next Y revenue growth (3.27%) (below 0%: weak)
Next 5Y EPS Growth (2.39%) (below 0%: weak)

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

Valuation vs history

Dividends

Payout Ratio 1.47
Annual Dividend Rate 1.60
Annual Dividend Yield 12.87%
total individual payouts
2068 Powerpack
2067 Powerpack
2066 Powerpack
2065 Powerpack
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2044 Powerpack
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2042 Powerpack
2041 Powerpack
2040 Powerpack
2039 Powerpack
2038 Powerpack
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2036 Powerpack
2035 Powerpack
2034 Powerpack
2033 Powerpack
2032 Powerpack
2031 Powerpack
2030 Powerpack
2029 Powerpack
2028 Powerpack
2027 Powerpack
2026 1.60
0.40
0.40
0.40
2025 1.70
0.10
0.40
0.10
0.40
0.40
0.40
2024 1.30
0.40
0.40
0.10
0.40
2023 Powerpack
2022 Powerpack
2021 Powerpack
2020 Powerpack
2019 Powerpack
2018 Powerpack
2017 Powerpack
2016 Powerpack
predictions special payouts not included in total or ratios

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 34 22 18 15
Receivables 13 16 32 35
Inventory — — — —
Other 13 49 25 25
60 88 75 75
2023 2024 2025 Q'26
Payables 39 32 37 34
ST’ Debt — — — —
Other — — — —
51 48 60 60

Compound Annual Growth %

10y 5y 3y
Sales — — 46.61%
Cash Flow — 0.00% 0.00%
Earnings — 0.00% 26.98%
Book Value — 0.00% 23.31%

Revenue $m

Mar Jun Sep Dec Year
’26 57 56 — — —
’25 55 57 61 62 236
’24 46 52 58 56 213
’23 36 41 41 43 161
’22 12 13 20 29 75
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 40 (69) — — —
’25 (127) 2 (54) 80 (99)
’24 (91) (287) (118) (49) (545)
’23 (77) (1) 21 (54) (110)
’22 (31) (97) (229) (184) (542)
’21 (169) (47) (36) (307) (559)
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 40 (69) — — —
’25 (127) 2 (54) 80 (99)
’24 (91) (287) (118) (49) (545)
’23 (77) (1) 21 (54) (110)
’22 (31) (97) (229) (184) (542)
’21 (169) (47) (36) (307) (559)
Fiscal quarters ending in the months shown.

EPS $

Mar Jun Sep Dec Year
’26 0.26 0.16 — — —
’25 0.31 0.35 0.35 0.32 1.33
’24 0.61 0.46 0.53 0.50 2.07
’23 0.54 0.54 0.34 0.54 1.96
’22 0.26 0.32 0.49 0.62 1.68
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1.8
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Trend 2026e 2027e 2028e
Price, $
Price, $ Low — — — — — — — — 15.69 13.06

Analyst estimates 2026–2028

Powerpack
High — — — — — — — — 17.22 17.99
People
People Employees — — — — — — — — — —
Revenue/emp, $m — — — — — 0.00 0.00 0.00 0.00 0.00
Income, $m
Income, $m Revenue — — — — — 19 75 161 213 236
Gross margin, % — — — — — 88.48 84.17 87.04 83.61 83.45
EBT — — — — (1) 22 46 77 133 95
EBT margin, % — — — — 0.00 118.84 61.16 47.87 62.25 40.44
Net income — — — — (1) 22 46 77 132 94
Depreciation — — — — — 0 2 3 4 4
Per share, $
Per share, $ Revenue — — — — — 1.75 2.75 4.10 3.34 3.36
Earnings — — — — — 2.08 1.68 1.96 2.07 1.33
Cash flow — — — — 0.00 (52.17) (19.93) (2.80) (8.54) (1.41)
Capex — — — — — 0.00 0.00 0.00 0.00 0.00
Free cash flow — — — — 0.00 (52.17) (19.93) (2.80) (8.54) (1.41)
Book value — — — — 0.00 29.11 21.78 17.40 18.61 15.80
Shares, m — — — — — 11 27 39 64 70
Valuation, ×
Valuation, × P/E — — — — — 8.01 8.01 8.01 7.87 10.77
P/S — — — — — 4.32 4.32 4.32 4.95 4.27
P/B — — — — — 0.91 0.91 0.91 0.89 0.91
EV/Sales — — — — — 7.95 7.95 7.95 8.83 8.94
EV/FCF — — — — — (10.95) (10.95) (10.95) (3.45) (21.35)
Cash, $m
Cash, $m Operating cash flow — — — — 0 (559) (542) (110) (545) (99)
Capex — — — — — — — — — —
Free cash flow — — — — 0 (559) (542) (110) (545) (99)
Balance, $m
Balance, $m Working capital — — — — (1) 0 (1) 9 39 15
Total debt — — — — — 266 572 690 849 1,120
Net debt — — — — 0 264 563 656 826 1,102
Shareholders’ equity — — — — (1) 312 592 683 1,186 1,110
Returns, %
Returns, % ROA — — — — 0.00 7.60 5.14 5.89 7.53 4.29
ROIC — — — — 0.00 1.66 3.30 6.43 5.97 5.51
ROE — — — — 0.00 0.00 10.12 12.09 14.12 8.16
Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

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
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%
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
CGBD Carlyle Secured Lending, Inc. $733.5M 20.4× 11.1× −7.72% (below 0%: shrinking) n/m +131.88% (above 0%: growing) 100.00% 74.03% Compare
BUR Burford Capital Limited $722.5M — (loss-making) — (loss-making) −42.14% (below 0%: shrinking) −97.50% (below 0%: shrinking) +161.57% (above 0%: growing) 100.00% 57.14% Compare
VINP Vinci Compass Investments Ltd. $717.4M 15.2× 8.7× +30.12% (above 0%: growing) −26.32% (below 0%: shrinking) +17.98% (above 0%: growing) 100.00% 27.59% Compare
Median of peers $793.5M 15.2× 9.2× −5.52% −18.16% +63.14% 100.00% 62.71%

All 120 Asset Management stocks →

Kayne Anderson BDC, Inc. (KBDC) key facts

  • Strength: Kayne Anderson BDC, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $235.8 million, up 10.7% from fiscal 2024.
  • Kayne Anderson BDC, Inc. (KBDC) is an Asset Management company in the Financial sector, listed on the New York Stock Exchange.
  • As of October 16, 2026, KBDC traded at $12.43, a market capitalization of $834.1 million.
  • Kayne Anderson BDC, Inc. pays an annual dividend of $1.60 per share, a yield of 12.9%, with a payout ratio of 146.8%.
  • Return on equity was 8.16% and debt-to-equity 1.16.
  • Its Piotroski F-score is 1 out of 9 for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.

Kayne Anderson BDC, Inc. (KBDC) Latest News

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stockrow.com/KBDC · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com