Barings BDC (BBDC) EBITDA Margin (2021 - 2026)
Barings BDC's (BBDC) quarterly EBITDA Margin came in at 46.71% in Q2 2026, up 556.0% year-over-year from 7.12% in Q2 2025, and up 7.58% quarter-over-quarter from 43.42% in Q1 2026.
Analysis
Barings BDC (BBDC) EBITDA Margin (2021 - 2026) Analysis & Trends
Barings BDC has disclosed EBITDA Margin across 6 years of filings, most recently posting 46.71% for Q2 2026.
- In Q2 2026, EBITDA Margin rose 556.0% year-over-year to 46.71%; the TTM figure through Jun 2026 stood at 45.45% (up 264.0% YoY), while the FY2025 annual figure was 43.56%, down 350.0% from the prior year.
- EBITDA Margin came in at 46.71% for Q2 2026 at Barings BDC, up from 43.42% in the prior quarter.
- In the past five years, EBITDA Margin ranged from a high of 59.18% in Q4 2022 to a low of 41.15% in Q2 2025.
- Average EBITDA Margin over 5 years is 46.69%, with a median of 44.68% recorded in 2023.
- Year-over-year, EBITDA Margin soared 1774 bps in 2022 and sank 1554 bps in 2025.
- Over 5 years, EBITDA Margin stood at 59.18% in 2022, then fell by 23 bps to 45.58% in 2023, then slipped by 3 bps to 44.43% in 2024, then retreated by 3 bps to 43.05% in 2025, then rose by 9 bps to 46.71% in 2026.
- Per Business Quant data, the three most recent EBITDA Margin figures were 46.71% in Q2 2026, 43.42% in Q1 2026, and 43.05% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Ares Capital | 14.08 Bn | 13.70 Bn | - | 47.79% |
| 2 | Blackstone Secured Lending Fund | 5.66 Bn | 5.39 Bn | - | 55.61% |
| 3 | Blue Owl Capital | 5.49 Bn | 5.25 Bn | - | 44.07% |
| 4 | Main Street Capital | 5.23 Bn | 5.18 Bn | - | 62.71% |
| 5 | Blue Owl Technology Finance | 4.96 Bn | 4.75 Bn | - | 41.14% |
| 6 | Hercules Capital | 4.66 Bn | 4.61 Bn | - | 62.31% |
| 7 | FS KKR Capital | 3.34 Bn | 3.23 Bn | - | - |
| 8 | Golub Capital Bdc | 3.30 Bn | 3.25 Bn | - | 45.39% |
| 9 | PennantPark Floating Rate Capital | 2.49 Bn | -118.08 Mn | - | 8.79% |
| 10 | Barings BDC | 915.14 Mn | 863.74 Mn | - | 46.71% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 46.71% |
| Mar 31, 2026 | 43.42% |
| Dec 31, 2025 | 43.05% |
| Sep 30, 2025 | 48.27% |
| Jun 30, 2025 | 41.15% |
| Mar 31, 2025 | 41.58% |
| Dec 31, 2024 | 44.43% |
| Sep 30, 2024 | 44.06% |
| Jun 30, 2024 | 56.70% |
| Mar 31, 2024 | 42.41% |
| Dec 31, 2023 | 45.58% |
| Sep 30, 2023 | 47.60% |
| Jun 30, 2023 | 44.92% |
| Mar 31, 2023 | 41.21% |
| Dec 31, 2022 | 59.18% |
| Sep 30, 2022 | 49.57% |
| Jun 30, 2022 | 57.16% |
| Mar 31, 2022 | 43.46% |
| Dec 31, 2021 | 41.45% |
| Sep 30, 2021 | 42.54% |