Growth Metrics

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

Barings BDC recorded quarterly Net Margin of 2.57% in Q1 2026, down 57.91% quarter-over-quarter from 6.1% in Q4 2025, and down 2457.0% year-over-year from 0.11% in Q1 2025.

Barings BDC's Net Margin history runs 6 years deep, the most recent figure standing at 2.57% for Q1 2026.

  • In Q1 2026, Net Margin fell 2457.0% year-over-year to 2.57%; the TTM figure through Mar 2026 stood at 2.2% (down 323.0% YoY), while the FY2025 annual figure 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.
  • A 5-year average of 2.87% and a median of 2.82% in 2025 frame the typical range for Net Margin.
  • Across the five-year window, Net Margin sank 3466 bps in 2022 and surged 9092 bps in 2023, its largest moves.
  • Barings BDC's Net Margin stood at 29.62% in 2022, then jumped by 133 bps to 9.65% in 2023, then sank by 45 bps to 5.28% in 2024, then increased by 15 bps to 6.1% in 2025, then plunged by 58 bps to 2.57% in 2026.
  • According to Business Quant data, Net Margin over the past three periods registered 2.57%, 6.1%, and 2.82% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 BlackRock 158.51 Bn 148.89 Bn - 34.73%
2 Blackstone 92.68 Bn 91.63 Bn - 34.77%
3 Kkr 84.94 Bn 132.45 Bn - 8.45%
4 Brookfield Asset Management 77.34 Bn 77.68 Bn - 46.11%
5 Apollo Global Management 76.27 Bn 95.00 Bn 5.04 Bn -38.15%
6 State Street 44.42 Bn 18.75 Bn - 18.57%
7 Ameriprise Financial 41.68 Bn 41.55 Bn 4.57 Bn 18.73%
8 Northern Trust 31.21 Bn 31.21 Bn - 37.97%
9 Ares Management 28.85 Bn 32.22 Bn - 8.40%
10 Barings BDC 852.13 Mn 796.72 Mn - 2.57%

Historic Data

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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%