Oaktree Specialty Lending Corp. OCSL
- Market cap
- $1.1B
- P/E
- 25.2×
Follow OCSL
Target Price Range
Analyst price targets
Free account| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 13.20 | 11.70 | 12.24 | 12.60 | 6.99 | 16.41 | 17.58 | 17.70 | 14.95 | 12.44 |
Analyst estimates 2026–2028 Powerpack |
Low Price
|
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| 19.56 | 17.73 | 15.42 | 17.25 | 16.98 | 22.86 | 23.43 | 21.48 | 21.64 | 16.29 |
High Price
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| — | — | — | — | — | — | — | — | — | — | Employees | |||
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Revenue/Emp
|
|||
| 248 | 178 | 139 | 148 | 143 | 209 | 263 | 379 | 382 | 317 |
Revenue
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|||
| 68.21% | 73.15% | 72.01% | 65.93% | 75.50% | 63.83% | 76.45% | 77.07% | 78.29% | 80.24% |
Gross Margin
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| (67) | (197) | 47 | 127 | 37 | 238 | 30 | 119 | 58 | 34 |
EBT
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|||
| (26.85%) | (110.68%) | 34.16% | 86.10% | 26.17% | 113.69% | 11.26% | 31.37% | 15.14% | 10.83% |
EBT Margin
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| (67) | (197) | 47 | 126 | 39 | 237 | 29 | 117 | 58 | 34 |
Net Income
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|||
| 5 | 6 | 3 | 2 | 2 | 4 | 4 | 5 | 5 | 9 |
Depreciation
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|||
| 5.04 | 3.78 | 2.95 | 3.14 | 3.05 | 3.87 | 4.32 | 5.26 | 4.75 | 3.68 |
Revenue/Sh
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| (1.35) | (4.17) | 0.99 | 2.67 | 0.84 | 4.38 | 0.48 | 1.63 | 0.72 | 0.39 |
Earnings/Sh
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|||
| 3.35 | 10.33 | 1.14 | 4.59 | (3.25) | (4.27) | 0.37 | 3.17 | 0.24 | 2.65 |
Cash Flow/Sh
|
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| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Capex/Sh
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| 3.35 | 10.33 | 1.14 | 4.59 | (3.25) | (4.27) | 0.37 | 3.17 | 0.24 | 2.65 |
Free CF/Sh
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| 23.25 | 18.41 | 18.26 | 19.81 | 19.47 | 24.29 | 20.51 | 21.02 | 18.50 | 17.03 |
Book Value/Sh
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|||
| 49 | 47 | 47 | 47 | 47 | 54 | 61 | 72 | 80 | 86 |
Shares
|
|||
| 0.00 | 0.00 | 15.06 | 5.76 | 17.28 | 4.64 | 37.50 | 12.30 | 22.54 | 33.46 |
PE Ratio
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|||
| 3.46 | 4.43 | 5.05 | 4.94 | 4.77 | 5.47 | 4.16 | 3.72 | 3.44 | 3.55 |
PS Ratio
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| 0.75 | 0.91 | 0.82 | 0.78 | 0.75 | 0.87 | 0.88 | 0.93 | 0.88 | 0.77 |
PB Ratio
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| 5.48 | 6.45 | 7.81 | 5.91 | 6.55 | 8.37 | 6.35 | 5.68 | 5.66 | 6.27 |
EV/Sales
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| 8.25 | 2.36 | 20.24 | 4.05 | (6.13) | (7.60) | 74.47 | 9.42 | 113.32 | 8.69 |
EV/FCF
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|||
| 165 | 487 | 54 | 216 | (153) | (231) | 22 | 229 | 19 | 228 |
Op' Cash Flow
|
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| — | — | — | — | — | — | — | — | — | — | Capex | |||
| 165 | 487 | 54 | 216 | (153) | (231) | 22 | 229 | 19 | 228 |
FCF
|
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| (413) | (257) | (245) | (357) | (373) | (619) | (669) | (512) | (618) | (468) |
Working Cap'
|
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| 633 | 419 | 396 | 159 | 294 | 639 | 601 | 891 | 929 | 942 |
Total Debt
|
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| 503 | 359 | 383 | 143 | 255 | 607 | 575 | 745 | 850 | 862 |
Net Debt
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|||
| 1,142 | 868 | 858 | 931 | 915 | 1,313 | 1,246 | 1,516 | 1,488 | 1,466 |
Sh' Equity
|
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| (2.70%) | (9.95%) | 2.95% | 8.32% | 2.51% | 11.09% | 1.11% | 4.00% | 1.80% | 1.09% |
ROA
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| 6.13% | 6.24% | 4.82% | 5.84% | 5.25% | 4.25% | 6.83% | 8.08% | 8.00% | 6.68% |
ROIC
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| (5.33%) | (19.60%) | 5.42% | 14.11% | 4.25% | 21.30% | 2.28% | 8.50% | 3.86% | 2.30% |
ROE
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Oaktree Specialty Lending Corp. peers in Asset Management
| Company | Market cap | P/E | Compare |
|---|---|---|---|
| GSBD Goldman Sachs BDC, Inc. | $1.1B | 18.3× | Compare |
| PSEC Prospect Capital Corporation | $1.2B | 43.8× | Compare |
| MSDL Morgan Stanley Direct Lending Fund | $1.2B | 20.7× | Compare |
| BBDC BARINGS BDC, INC. | $902.6M | 10.4× | Compare |
| Company | Market cap | P/E | Compare |
|---|---|---|---|
| VRTS Virtus Investment Partners, Inc. | $859.8M | 7.3× | Compare |
| KBDC Kayne Anderson BDC, Inc. | $857.8M | 12.0× | Compare |
| RPC Ridgepost Capital, Inc. | $815.8M | 29.0× | Compare |
| BUR Burford Capital Limited | $797.1M | 0.0× | Compare |
Oaktree Specialty Lending Corp. (OCSL) key facts
- Oaktree Specialty Lending Corp. (OCSL) is an Asset Management company in the Financial sector, listed on Nasdaq.
- Oaktree Specialty Lending Corp.’s revenue for fiscal 2025 (year ended September 2025) was $316.8 million, down 17.0% from fiscal 2024.
- Net income was $33.9 million, or $0.39 per share (basic), a net margin of 10.7%.
- As of September 25, 2026, OCSL traded at $12.10, a market capitalization of $1.1 billion.
- At that price the stock trades at 25.2× trailing-twelve-month earnings and 3.6× sales.
- Oaktree Specialty Lending Corp. pays an annual dividend of $2.20 per share, a yield of 11.2%, with a payout ratio of 174.8%.
- Return on equity was 2.30% and debt-to-equity 0.68.
Oaktree Specialty Lending Corp. (OCSL) Latest News
22 Sep
OCSL trades around $12.43, up 9.6% over the last six months but trails the S&P 500’s 16.2% gain. StockStory analysts flag three reasons it may underperform: revenue declined about 13.3% annually over the last two years; EPS has fallen 1.8% per year over the past five years even as revenue grew; and TBVPS dropped about 7.1% annually, signaling fading asset value. The stock sits at about 9.1x forward earnings, which looks cheap but comes with sizable downside given shaky fundamentals. The note says OCSL fails its quality test and suggests better opportunities elsewhere, naming the Amazon and PayPal of Latin America as examples. It also promotes an AI-powered weekly Top 6 Stocks list. Sustained declines in revenue, EPS, and TBVPS indicate deteriorating fundamentals, likely dampening sentiment and investment interest.
14 Aug
Oaktree Specialty Lending Corp. fielded top analyst questions during its Q2 earnings call covering portfolio performance, credit quality and dividend outlook. Q2 earnings call commentary can moderately shift near-term investor views on OCSL's results and guidance.
10 Aug
OCSL Q2 results show margin expansion from lower non-accruals and conservative deployment. Margin expansion with reduced non-accruals improves OCSL financial metrics and supports moderate gains in performance outlook.
5 Aug
Oaktree Specialty Lending Corporation held its Q3 2026 earnings call, covering quarterly financial results, portfolio performance, and forward outlook for its lending operations. Quarterly earnings data typically drives short-term stock movement and sentiment without altering long-term strategy.
Oaktree Specialty Lending Corp discussed Q3 2026 earnings call highlights centered on navigating credit conditions. Quarterly earnings updates can shift near-term investor sentiment and stock price but rarely alter long-term company trajectory.
Oaktree Specialty Lending Corp. reported Q3 earnings call highlights covering financial results, portfolio performance, and outlook for the business development company. Q3 earnings details can influence short-term stock sentiment and valuation but rarely alter long-term company trajectory.
Oaktree Specialty Lending (OCSL) reported Q3 earnings that exceeded analyst estimates. Q3 earnings beat provides moderate positive signal for near-term financial performance and investor sentiment.
Oaktree Specialty Lending Corporation announced third fiscal quarter 2026 financial results. Quarterly earnings release can moderately shift stock price and investor views on operations.
6 May
Oaktree Specialty Lending Corp. (OCSL), an Oaktree BDC, capitalizes on a lender-friendly deal pipeline and reduces non-accruals. Reducing non-accruals improves asset quality and earnings, while a lender-friendly pipeline signals strong growth opportunities for OCSL.
Software deals are dragging down earnings for Oaktree Specialty Lending Corp. (OCSL), an alternative asset manager. Software deals negatively impact OCSL's earnings, affecting financial performance moderately.
Oaktree Specialty Lending Corp. (OCSL) released Q2 2026 earnings call summary highlighting quarterly financial results, portfolio updates, and outlook. Q2 2026 earnings call summary reveals key financial metrics and guidance moderately influencing OCSL's performance and investor sentiment.
5 May
Oaktree Specialty Lending Corp. (OCSL) beat Q2 earnings estimates. Beating Q2 earnings estimates signals robust financial performance, likely enhancing investor confidence and stock trajectory.
Oaktree Specialty Lending Corporation announced financial results for its second fiscal quarter 2026. Quarterly earnings announcements typically drive significant shifts in stock price and investor sentiment based on performance metrics.
Oaktree Specialty Lending Corp. (OCSL) released Q2 earnings call highlights covering financial results, investment portfolio updates, dividend declarations, and outlook amid market conditions. Quarterly earnings highlights reveal financial performance and strategic updates with moderate influence on investor sentiment and stock trajectory.
Oaktree Specialty Lending (NASDAQ:OCSL) reported Q1 CY2026 revenue below analyst estimates. Missing Q1 CY2026 revenue estimates indicates weaker financial results, likely affecting short-term stock performance and investor sentiment.
4 May
Oaktree Specialty Lending (OCSL) nears Q1 earnings release, with analysts projecting key metrics like net investment income, portfolio growth, and dividend sustainability amid interest rate environment and credit performance. Q1 earnings expectations could moderately sway investor sentiment and near-term stock performance based on alignment with forecasts.
17 Apr
Oaktree Specialty Lending Corp. (OCSL) receives deep analysis on private credit performance through PCR metric, evaluating portfolio quality, returns, and market positioning in the BDC sector. PCR deep dive offers moderate insights into OCSL's credit performance, potentially affecting financial metrics and investor views without transformative changes.
11 Feb
Oaktree Specialty Lending Corp. (OCSL) is highlighted as a stable investment option due to its solid fundamentals. The article compares OCSL with two other stocks, emphasizing its consistent performance and reliable dividends. However, it also raises questions about the sustainability of its growth and market position in the face of potential challenges. Investors are advised to consider both the strengths and uncertainties surrounding OCSL before making investment decisions. OCSL's fundamentals suggest moderate stability, but uncertainties regarding its growth trajectory may limit its overall impact.
Oaktree Specialty Lending Corp. (OCSL) held its Q4 earnings call, addressing key analyst questions regarding financial performance, portfolio management, and market conditions. The management provided insights into the company's strategies for navigating economic challenges and optimizing returns for shareholders. Analysts focused on topics such as interest rate impacts, credit quality, and future growth prospects, highlighting the company's commitment to maintaining a strong balance sheet and delivering value in a competitive landscape. Moderate influence is expected due to discussions on financial performance and strategic positioning.
6 Feb
Oaktree Specialty Lending Corp. (OCSL) faces challenges as the private markets grapple with the implications of AI on recurring revenue models. The article highlights concerns about the sustainability of revenue streams in light of technological advancements and changing market dynamics. Investors are urged to reconsider their strategies as traditional metrics may no longer apply, leading to potential volatility in valuations and performance expectations for companies like OCSL. The evolving landscape of AI and its impact on revenue models could moderately influence OCSL's financial performance and market positioning.
5 Feb
Oaktree Specialty Lending Corp. (OCSL) reported its Q4 results, highlighting significant exposure to the software sector and notable portfolio activity. The company's performance reflects market sentiment influenced by these factors, with analysts closely monitoring the implications for future growth and stability. The report indicates a strategic focus on software investments, which may shape OCSL's competitive positioning in the lending market. Significant exposure to the software sector and active portfolio management are likely to impact OCSL's future performance and market perception.
4 Feb
Oaktree Specialty Lending Corp. reported its Q1 earnings, highlighting strong financial performance with increased net investment income and a rise in total assets. The company emphasized its strategic focus on maintaining a diversified portfolio and managing risks effectively. Management provided insights into market conditions and future outlook, indicating confidence in continued growth despite potential economic challenges. Strong financial performance and strategic focus suggest significant impact on future growth and investor sentiment.
Oaktree Specialty Lending Corp. (OCSL) reported strong investment performance in its Q1 2026 earnings call, highlighting robust financial metrics and strategic initiatives aimed at enhancing shareholder value. The company emphasized its commitment to maintaining a diversified portfolio and optimizing returns amidst market fluctuations. Management provided insights into future growth opportunities and ongoing risk management efforts, reinforcing confidence in the company's operational resilience and market positioning. Strong investment performance and strategic initiatives are likely to significantly impact future growth and investor sentiment.
Oaktree Specialty Lending Corp. (OCSL) reported better-than-expected earnings for Q1, surpassing analysts' estimates. The company's strong performance was attributed to increased interest income and effective management of its investment portfolio. OCSL's results reflect a positive trend in its financial health, boosting investor confidence and market sentiment. Strong earnings performance and effective portfolio management are likely to significantly enhance investor sentiment and the company's future trajectory.
Oaktree Specialty Lending Corp. (OCSL) reported its fiscal Q1 earnings, showcasing a notable increase in net investment income and a rise in total assets. The company highlighted strong portfolio performance and strategic investments that contributed to its financial growth. Additionally, OCSL's management expressed optimism about future opportunities and market conditions, indicating a positive outlook for the upcoming quarters. The significant increase in net investment income and positive management outlook are likely to influence investor sentiment and the company's future performance.
Oaktree Specialty Lending Corp. (OCSL) reported its Q4 CY2025 results, which met market expectations. The financial performance reflected stability in its operations, with key metrics aligning with prior forecasts. Investors showed a positive response to the results, indicating confidence in the company's ongoing strategy and market position. The results align with expectations, suggesting a stable financial performance but not indicating significant changes in trajectory.
Oaktree Specialty Lending Corporation reported its financial results for the first fiscal quarter of 2026, highlighting key metrics such as net investment income and total assets. The company demonstrated growth in its portfolio and maintained a strong focus on credit quality. Management expressed optimism about future performance and strategic initiatives aimed at enhancing shareholder value. The financial results indicate moderate growth and stability, which may influence investor sentiment and operational aspects but are not expected to drastically alter the company's trajectory.
2 Feb
Oaktree Specialty Lending Corp. (OCSL) is set to announce its Q4 earnings, with analysts anticipating insights into the company's financial performance and strategic direction. Investors are particularly focused on metrics such as net investment income and any updates on portfolio performance. The earnings report is expected to influence market sentiment and provide clarity on OCSL's future outlook. The upcoming earnings report is likely to provide moderate insights that could affect financial performance and investor sentiment.
8 Jan
Oaktree Specialty Lending Corp. (OCSL) reported its Q3 earnings, highlighting key financial metrics and performance within the specialty finance sector. The company demonstrated resilience amid market fluctuations, with notable growth in its investment portfolio and stable income generation. Analysts provided insights into OCSL's strategic positioning and outlook, emphasizing the importance of its management approach in navigating current economic challenges. Overall, the earnings report reflects a positive trajectory for OCSL, suggesting potential for continued growth in the specialty finance market. The earnings report indicates moderate growth and stability, which may influence OCSL's financial performance but is balanced by broader market conditions.
30 Dec
Oaktree Specialty Lending Corp. (OCSL) is highlighted among three financial stocks facing challenges due to rising interest rates and economic uncertainties. The company has shown resilience but must navigate potential risks that could impact its performance. Investors are advised to monitor OCSL's strategies and market conditions closely as they could influence future growth and stability. Rising interest rates and economic uncertainties may moderately influence OCSL's financial performance and market positioning.