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

Barings BDC's (BBDC) quarterly Net Margin came in at 2.57% in Q1 2026, down 2457.0% year-on-year from 0.11% in Q1 2025, and down 57.91% quarter-over-quarter from 6.1% in Q4 2025.

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

Barings BDC has disclosed Net Margin across 6 years of filings, most recently posting 2.57% for Q1 2026.

  • Net Margin for Q1 2026 came in at 2.57%, down 2457.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 2.2% (down 323.0% YoY), and the FY2025 annual result was 8.9%, down 283.0% from the prior year.
  • Net Margin came in at 2.57% for Q1 2026 at Barings BDC, down from 6.1% in the prior quarter.
  • In the past five years, Net Margin ranged from a high of 32.83% in Q1 2024 to a low of 65.24% in Q2 2022.
  • The 5-year median for Net Margin is 2.82% (2025), against an average of 2.87%.
  • Across the five-year window, Net Margin slumped 3466 bps in 2022 and jumped 9092 bps in 2023, its largest moves.
  • Barings BDC's Net Margin stood at 29.62% in 2022, then soared by 133 bps to 9.65% in 2023, then slumped by 45 bps to 5.28% in 2024, then grew by 15 bps to 6.1% in 2025, then sank by 58 bps to 2.57% in 2026.
  • The last three Net Margin figures came in at 2.57% (Q1 2026), 6.1% (Q4 2025), and 2.82% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 BlackRock 163.18 Bn 153.56 Bn - 34.73%
2 Blackstone 96.85 Bn 95.80 Bn - 34.77%
3 Kkr 86.45 Bn 133.96 Bn - 8.45%
4 Apollo Global Management 82.30 Bn 101.04 Bn 5.04 Bn -38.15%
5 State Street 46.95 Bn 21.27 Bn - 18.57%
6 Ameriprise Financial 43.65 Bn 43.52 Bn 4.57 Bn 18.73%
7 Northern Trust 31.92 Bn 31.92 Bn - 37.97%
8 Raymond James Financial 30.62 Bn 19.37 Bn - 12.72%
9 Ares Management 29.04 Bn 32.41 Bn - 8.40%
10 Barings BDC 852.13 Mn 796.72 Mn - 2.57%

Historic Data

Download Data
DateValue
Mar 31, 2026 2.57%
Dec 31, 2025 6.10%
Sep 30, 2025 2.82%
Jun 30, 2025 -2.17%
Mar 31, 2025 27.14%
Dec 31, 2024 5.28%
Sep 30, 2024 -0.77%
Jun 30, 2024 -1.78%
Mar 31, 2024 32.83%
Dec 31, 2023 9.65%
Sep 30, 2023 -5.32%
Jun 30, 2023 25.68%
Mar 31, 2023 30.37%
Dec 31, 2022 -29.62%
Sep 30, 2022 -10.10%
Jun 30, 2022 -65.24%
Mar 31, 2022 21.42%
Dec 31, 2021 5.04%
Sep 30, 2021 18.03%