Growth Metrics

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

Barings BDC recorded quarterly FCF Margin of 165.07% in Q1 2026, down 45.14% quarter-over-quarter from 300.91% in Q4 2025, and up 18206.0% year-over-year from N/an in Q1 2025.

Barings BDC's FCF Margin history runs 6 years deep, the most recent figure standing at 165.07% for Q1 2026.

  • In Q1 2026, FCF Margin rose 18206.0% year-over-year to 165.07%; the TTM figure through Mar 2026 stood at 92.31% (up 5050.0% YoY), while the FY2025 annual figure was 84.29%, up 2646.0% from the prior year.
  • FCF Margin came in at 165.07% for Q1 2026 at Barings BDC, down from 300.91% in the prior quarter.
  • In the past five years, FCF Margin ranged from a high of 300.91% in Q4 2025 to a low of 136.93% in Q1 2023.
  • A 5-year average of 46.73% and a median of 11.08% in 2022 frame the typical range for FCF Margin.
  • Across the five-year window, FCF Margin soared 72989 bps in 2022 and plunged 26651 bps in 2023, its largest moves.
  • Barings BDC's FCF Margin stood at 36.89% in 2022, then soared by 597 bps to 183.26% in 2023, then sank by 135 bps to 63.94% in 2024, then surged by 571 bps to 300.91% in 2025, then plunged by 45 bps to 165.07% in 2026.
  • According to Business Quant data, FCF Margin over the past three periods registered 165.07%, 300.91%, and 22.76% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 BlackRock 158.51 Bn 148.89 Bn - -16.21%
2 Blackstone 92.68 Bn 91.63 Bn - 26.47%
3 Kkr 84.94 Bn 132.45 Bn - 39.82%
4 Brookfield Asset Management 77.34 Bn 77.68 Bn - 24.81%
5 Apollo Global Management 76.27 Bn 95.00 Bn 5.04 Bn 32.02%
6 State Street 44.42 Bn 18.75 Bn - -327.00%
7 Ameriprise Financial 41.68 Bn 41.55 Bn 4.57 Bn 8.80%
8 Northern Trust 31.21 Bn 31.21 Bn - -24.56%
9 Ares Management 28.85 Bn 32.22 Bn - 27.99%
10 Barings BDC 852.13 Mn 796.72 Mn - 165.07%

Historic Data

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DateValue
Mar 31, 2026 165.07%
Dec 31, 2025 300.91%
Sep 30, 2025 22.76%
Jun 30, 2025 -70.85%
Mar 31, 2025 -16.99%
Dec 31, 2024 -63.94%
Sep 30, 2024 34.04%
Jun 30, 2024 184.70%
Mar 31, 2024 7.01%
Dec 31, 2023 183.26%
Sep 30, 2023 -49.21%
Jun 30, 2023 86.09%
Mar 31, 2023 -136.93%
Dec 31, 2022 -36.89%
Sep 30, 2022 217.30%
Jun 30, 2022 11.08%
Mar 31, 2022 -43.04%
Dec 31, 2021 -766.78%