Barings BDC (BBDC) FCF Payout Ratio (2021 - 2026)

Barings BDC's (BBDC) quarterly FCF Payout Ratio came in at 0.4 in Q1 2026, up 109.5% year-on-year from 0.19 in Q1 2025, and up 199.64% quarter-over-quarter from 0.13 in Q4 2025.

Barings BDC (BBDC) FCF Payout Ratio (2021 - 2026) Analysis & Trends

Barings BDC has disclosed FCF Payout Ratio across 6 years of filings, most recently posting 0.4 for Q1 2026.

  • FCF Payout Ratio for Q1 2026 came in at 0.4, up 109.5% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.46 (down 56.01% YoY), and the FY2025 annual result was 0.78, down 13.4% from the prior year.
  • FCF Payout Ratio came in at 0.4 for Q1 2026 at Barings BDC, up from 0.13 in the prior quarter.
  • In the past five years, FCF Payout Ratio ranged from a high of 5.64 in Q1 2024 to a low of 4.22 in Q1 2025.
  • The 5-year median for FCF Payout Ratio is 0.2 (2023), against an average of 0.35.
  • Across the five-year window, FCF Payout Ratio slumped 2069.03% in 2022 and jumped 2023.19% in 2024, its largest moves.
  • Barings BDC's FCF Payout Ratio stood at 1.11 in 2022, then jumped by 117.92% to 0.2 in 2023, then slumped by 405.46% to 0.61 in 2024, then surged by 122.0% to 0.13 in 2025, then soared by 199.64% to 0.4 in 2026.
  • The last three FCF Payout Ratio figures came in at 0.4 (Q1 2026), 0.13 (Q4 2025), and 1.66 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Cover (Qtr)
1 BlackRock 163.18 Bn 153.56 Bn - -
2 Blackstone 96.85 Bn 95.80 Bn - 0.37
3 Kkr 86.45 Bn 133.96 Bn - 0.10
4 Apollo Global Management 82.30 Bn 101.04 Bn 5.04 Bn 0.18
5 State Street 46.95 Bn 21.27 Bn - -0.02
6 Ameriprise Financial 43.65 Bn 43.52 Bn 4.57 Bn 0.34
7 Northern Trust 31.92 Bn 31.92 Bn - -0.45
8 Raymond James Financial 30.62 Bn 19.37 Bn - 0.10
9 Ares Management 29.04 Bn 32.41 Bn - 0.21
10 Barings BDC 852.13 Mn 796.72 Mn - 0.40

Historic Data

Download Data
DateValue
Mar 31, 2026 0.40
Dec 31, 2025 0.13
Sep 30, 2025 1.66
Jun 30, 2025 -0.52
Mar 31, 2025 -4.22
Dec 31, 2024 -0.61
Sep 30, 2024 1.14
Jun 30, 2024 0.20
Mar 31, 2024 5.64
Dec 31, 2023 0.20
Sep 30, 2023 -0.79
Jun 30, 2023 0.41
Mar 31, 2023 -0.29
Dec 31, 2022 -1.11
Sep 30, 2022 0.21
Jun 30, 2022 4.30
Mar 31, 2022 -0.80
Dec 31, 2021 -0.05