Barings BDC (BBDC) EBITDA Margin (2021 - 2026)

Barings BDC's (BBDC) quarterly EBITDA Margin came in at 63.88% in Q1 2026, up 515.0% year-on-year from 10.39% in Q1 2025, and up 48.4% quarter-over-quarter from 43.05% in Q4 2025.

Barings BDC (BBDC) EBITDA Margin (2021 - 2026) Analysis & Trends

Barings BDC has disclosed EBITDA Margin across 6 years of filings, most recently posting 63.88% for Q1 2026.

  • EBITDA Margin for Q1 2026 came in at 63.88%, up 515.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 47.33% (down 300.0% YoY), and the FY2025 annual result was 63.85%, up 11.0% from the prior year.
  • EBITDA Margin came in at 63.88% for Q1 2026 at Barings BDC, up from 43.05% in the prior quarter.
  • In the past five years, EBITDA Margin ranged from a high of 63.88% in Q1 2026 to a low of 41.15% in Q2 2025.
  • The 5-year median for EBITDA Margin is 45.58% (2023), against an average of 48.9%.
  • Across the five-year window, EBITDA Margin surged 1774 bps in 2022 and slumped 1554 bps in 2025, its largest moves.
  • Barings BDC's 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 jumped by 48 bps to 63.88% in 2026.
  • The last three EBITDA Margin figures came in at 63.88% (Q1 2026), 43.05% (Q4 2025), and 48.27% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA Margin (Qtr)
1 BlackRock 163.18 Bn 153.56 Bn - 42.01%
2 Blackstone 96.85 Bn 95.80 Bn - 44.01%
3 Kkr 86.45 Bn 133.96 Bn - 46.06%
4 Apollo Global Management 82.30 Bn 101.04 Bn 5.04 Bn 1.56%
5 State Street 46.95 Bn 21.27 Bn - 73.37%
6 Ameriprise Financial 43.65 Bn 43.52 Bn 4.57 Bn 18.44%
7 Northern Trust 31.92 Bn 31.92 Bn - 170.02%
8 Raymond James Financial 30.62 Bn 19.37 Bn - 12.29%
9 Ares Management 29.04 Bn 32.41 Bn - 26.04%
10 Barings BDC 852.13 Mn 796.72 Mn - 63.88%

Historic Data

Download Data
DateValue
Mar 31, 2026 63.88%
Dec 31, 2025 43.05%
Sep 30, 2025 48.27%
Jun 30, 2025 41.15%
Mar 31, 2025 58.73%
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%