FS KKR Capital Corp. (FSK) vs Golub Capital BDC, Inc. (GBDC)
- FS KKR Capital Corp. FSK 11.80 +2.97%
- Golub Capital BDC, Inc. GBDC 12.93 −1.15%
FS KKR Capital Corp. and Golub Capital BDC, Inc. are both Asset Management companies. FS KKR Capital Corp. and Golub Capital BDC, Inc. are of similar size ($3.4B and $3.2B). FS KKR Capital Corp. has negative trailing earnings, so its P/E is not meaningful; Golub Capital BDC, Inc. trades at 19.9×. Golub Capital BDC, Inc. grew revenue faster over the last twelve months: −8.73% against −21.7%. Golub Capital BDC, Inc. has the higher net margin (21.5% vs −41.8%) and the higher return on invested capital (2.81% vs 0.00%). Both pay a dividend; FS KKR Capital Corp. yields more (16.5% vs 10.7%). Across the 19 metrics below, Golub Capital BDC, Inc. leads on 10 and FS KKR Capital Corp. on 9.
Valuation
Profitability
| Metric | FSK | GBDC | Asset Management median |
|---|---|---|---|
| Gross margin | 100.00% | 100.00% | 100.00% |
| Operating margin | 0.00% | 78.18% | 27.27% |
| Net margin | (41.75%) | 21.45% | 11.89% |
| Free cash flow margin | 131.07% | 114.85% | 5.96% |
| Return on equity | (9.25%) | 4.46% | 4.57% |
| Return on assets | (4.03%) | 1.95% | 1.40% |
| Return on invested capital | 0.00% | 2.81% | 2.12% |
Growth
Health
Dividend
Size
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