Barings BDC (BBDC) Net Margin (2021 - 2026)
Barings BDC (BBDC) posted Net Margin of 8.46% for Q1 2026, down 297.16% sequentially from 4.29% in Q4 2025, and down 3560.0% YoY from 0.24% in Q1 2025.
Barings BDC (BBDC) Net Margin (2021 - 2026) Analysis & Trends
Barings BDC has reported Net Margin for 6 years, with the latest figure at 8.46% in Q1 2026.
- Quarterly Net Margin fell 3560.0% year-over-year to 8.46% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.89% (down 733.0% YoY) and the FY2025 annual result came in at 8.9%, down 283.0% from the prior year.
- Net Margin slipped to 8.46% in Q1 2026 per BBDC's latest filing, from 4.29% in the prior quarter.
- Over five years, Net Margin peaked at 32.47% in Q1 2024 and troughed at 65.24% in Q2 2022.
- A 5-year average of 1.73% and a median of 0.97% in 2025 frame the typical range for Net Margin.
- The sharpest annual moves came in 2023 and 2026: Net Margin jumped 9062 bps in 2023, then sank 3560 bps in 2026.
- Over 5 years, Net Margin stood at 32.01% in 2022, then soared by 118 bps to 5.91% in 2023, then surged by 85 bps to 10.92% in 2024, then slumped by 61 bps to 4.29% in 2025, then plunged by 297 bps to 8.46% in 2026.
- According to Business Quant data, Net Margin over the past three periods registered 8.46%, 4.29%, and 0.97% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 176.99 Bn | 163.12 Bn | - | 27.15% |
| 2 | Blackstone | 113.16 Bn | 110.65 Bn | - | 46.71% |
| 3 | Kkr | 96.05 Bn | -181.02 Bn | - | 11.53% |
| 4 | Brookfield | 92.54 Bn | 45.14 Bn | - | 1.88% |
| 5 | Brookfield Asset Management | 82.31 Bn | 80.81 Bn | - | 51.57% |
| 6 | Apollo Global Management | 77.14 Bn | 51.77 Bn | 10.54 Bn | 11.98% |
| 7 | State Street | 50.64 Bn | 50.64 Bn | - | 25.35% |
| 8 | Ameriprise Financial | 50.31 Bn | 39.27 Bn | 4.72 Bn | 22.20% |
| 9 | Northern Trust | 33.61 Bn | 33.61 Bn | - | 58.35% |
| 10 | Barings BDC | 983.72 Mn | 932.32 Mn | - | -2.45% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -2.45% |
| Mar 31, 2026 | -8.46% |
| Dec 31, 2025 | 4.29% |
| Sep 30, 2025 | 0.97% |
| Jun 30, 2025 | -3.26% |
| Mar 31, 2025 | 27.14% |
| Dec 31, 2024 | 10.92% |
| Sep 30, 2024 | -2.22% |
| Jun 30, 2024 | -2.20% |
| Mar 31, 2024 | 32.47% |
| Dec 31, 2023 | 5.91% |
| Sep 30, 2023 | -5.53% |
| Jun 30, 2023 | 25.37% |
| Mar 31, 2023 | 29.97% |
| Dec 31, 2022 | -32.01% |
| Sep 30, 2022 | -10.10% |
| Jun 30, 2022 | -65.24% |
| Mar 31, 2022 | 21.40% |
| Dec 31, 2021 | -5.12% |
| Sep 30, 2021 | 17.95% |