Barings BDC (BBDC) Invested Capital (2021 - 2026)
Barings BDC's Invested Capital was $1.42 billion in Q2 2026, down 17.4% from $1.72 billion a year earlier and down 1.6% from the prior quarter.
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Analysis
Barings BDC (BBDC) Invested Capital (2021 - 2026) Analysis & Trends
For FY2025, Invested Capital at Barings BDC came in at $1.39 billion, down 14.8% from FY2024.
- Invested Capital has now declined for three consecutive years, with a four-year compound annual growth rate of -0.2% (FY2021 to FY2025).
- In earlier years, Invested Capital was $1.63 billion in FY2024 (-15.0%), $1.92 billion in FY2023 (-0.3%), $1.92 billion in FY2022 (+37.5%) and $1.4 billion in FY2021.
- Quarterly Invested Capital has moved between $1.39 billion (Q4 2025) and $1.99 billion (Q3 2023) over five years.
- Compared with a year earlier, Invested Capital has declined for four straight quarters, with an average decline of 9.1% over the last eight quarters.
- The best year-over-year quarter for Invested Capital over five years was Q4 2022 (growth of 37.5%); the worst was Q3 2024 (a decline of 22.7%).
- Per Business Quant data, BBDC's Invested Capital in the three quarters before Q2 2026 was $1.45 billion (Q1 2026), $1.39 billion (Q4 2025) and $1.52 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.26 Bn | 28.94 Bn | - | 40.19 Bn |
| 2 | Orix | 42.40 Bn | 42.90 Bn | - | 69.63 Bn |
| 3 | Royalty Pharma | 33.56 Bn | 33.47 Bn | - | 18.75 Bn |
| 4 | Federal National Mortgage Association Fannie Mae | 24.47 Bn | 24.47 Bn | - | - |
| 5 | Affirm Holdings | 23.34 Bn | 17.03 Bn | - | 8.82 Bn |
| 6 | Synchrony Financial | 23.06 Bn | -44.91 Bn | - | 24.41 Bn |
| 7 | Royal Gold | 19.98 Bn | 19.21 Bn | 390.45 Mn | 8.03 Bn |
| 8 | Annaly Capital Management | 14.18 Bn | 5.27 Bn | - | 51.34 Bn |
| 9 | Ares Capital | 13.71 Bn | 11.15 Bn | - | - |
| 10 | Barings BDC | 905.71 Mn | 905.71 Mn | - | 1.42 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.42 Bn |
| Mar 31, 2026 | 1.45 Bn |
| Dec 31, 2025 | 1.39 Bn |
| Sep 30, 2025 | 1.52 Bn |
| Jun 30, 2025 | 1.72 Bn |
| Mar 31, 2025 | 1.69 Bn |
| Dec 31, 2024 | 1.63 Bn |
| Sep 30, 2024 | 1.54 Bn |
| Jun 30, 2024 | 1.55 Bn |
| Mar 31, 2024 | 1.65 Bn |
| Dec 31, 2023 | 1.92 Bn |
| Sep 30, 2023 | 1.99 Bn |
| Jun 30, 2023 | 1.98 Bn |
| Mar 31, 2023 | 1.97 Bn |
| Dec 31, 2022 | 1.92 Bn |
| Sep 30, 2022 | 1.88 Bn |
| Dec 31, 2021 | 1.40 Bn |
API Access
Barings BDC Invested Capital API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=invested-capital&ticker=BBDC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "ticker": "BBDC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=invested-capital&ticker=BBDC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();