Crescent Capital BDC, Inc. (CCAP) vs Gladstone Capital Corporation (GLAD)
Crescent Capital BDC, Inc. and Gladstone Capital Corporation are both Asset Management companies. Gladstone Capital Corporation is the larger, with a market value of $434.2M against $353.0M — 1.2× the size. Crescent Capital BDC, Inc. has negative trailing earnings, so its P/E is not meaningful; Gladstone Capital Corporation trades at 9.0×. Gladstone Capital Corporation grew revenue faster over the last twelve months: 11.3% against −14.6%. Gladstone Capital Corporation has the higher net margin (48.7% vs −2.03%) and the higher return on invested capital (5.89% vs 2.58%). Both pay a dividend; Crescent Capital BDC, Inc. yields more (10.9% vs 9.75%). Across the 21 metrics below, Gladstone Capital Corporation leads on 14 and Crescent Capital BDC, Inc. on 7.
Valuation
Profitability
| Metric | CCAP | GLAD | Asset Management median |
|---|---|---|---|
| Gross margin | 64.03% | 100.00% | 100.00% |
| Operating margin | 40.82% | 70.28% | 33.03% |
| Net margin | (2.03%) | 48.67% | 13.53% |
| Free cash flow margin | 25.23% | (152.38%) | 12.44% |
| Return on equity | (0.46%) | 10.03% | 4.83% |
| Return on assets | (0.19%) | 5.50% | 1.57% |
| Return on invested capital | 2.58% | 5.89% | 3.04% |
Growth
Health
Dividend
Size
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