Barings BDC (BBDC) Tax Rate (2021 - 2026)

Barings BDC's (BBDC) quarterly Tax Rate came in at 27.45% in Q1 2026, up 2432.0% year-on-year from 1.08% in Q1 2025, and up 20.14% quarter-over-quarter from 22.85% in Q4 2025.

Barings BDC (BBDC) Tax Rate (2021 - 2026) Analysis & Trends

Barings BDC has disclosed Tax Rate across 6 years of filings, most recently posting 27.45% for Q1 2026.

  • Tax Rate for Q1 2026 came in at 27.45%, up 2432.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 40.14% (up 1988.0% YoY), and the FY2025 annual result was 18.21%, up 594.0% from the prior year.
  • Tax Rate came in at 27.45% for Q1 2026 at Barings BDC, up from 22.85% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 210.82% in Q3 2024 to a low of 99.88% in Q2 2025.
  • The 5-year median for Tax Rate is 1.08% (2024), against an average of 13.64%.
  • Across the five-year window, Tax Rate surged 22309 bps in 2024 and slumped 17123 bps in 2025, its largest moves.
  • Barings BDC's Tax Rate stood at 3.32% in 2022, then jumped by 423 bps to 10.73% in 2023, then jumped by 211 bps to 33.35% in 2024, then tumbled by 31 bps to 22.85% in 2025, then rose by 20 bps to 27.45% in 2026.
  • The last three Tax Rate figures came in at 27.45% (Q1 2026), 22.85% (Q4 2025), and 39.59% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 BlackRock 163.18 Bn 153.56 Bn - 18.16
2 Blackstone 96.85 Bn 95.80 Bn - 13.55
3 Kkr 86.45 Bn 133.96 Bn - 40.05
4 Apollo Global Management 82.30 Bn 101.04 Bn 5.04 Bn 598.59
5 State Street 46.95 Bn 21.27 Bn - 21.16
6 Ameriprise Financial 43.65 Bn 43.52 Bn 4.57 Bn 20.02
7 Northern Trust 31.92 Bn 31.92 Bn - 24.99
8 Raymond James Financial 30.62 Bn 19.37 Bn - -
9 Ares Management 29.04 Bn 32.41 Bn - 19.13
10 Barings BDC 852.13 Mn 796.72 Mn - 27.45

Historic Data

Download Data
DateValue
Mar 31, 2026 27.45%
Mar 31, 2026 27.45%
Dec 31, 2025 22.85%
Dec 31, 2025 22.85%
Sep 30, 2025 39.59%
Sep 30, 2025 39.59%
Jun 30, 2025 -99.88%
Jun 30, 2025 -99.88%
Mar 31, 2025 3.14%
Mar 31, 2025 3.14%
Dec 31, 2024 33.35%
Dec 31, 2024 33.35%
Sep 30, 2024 210.82%
Sep 30, 2024 210.82%
Jun 30, 2024 -30.91%
Jun 30, 2024 -30.91%
Mar 31, 2024 1.08%
Mar 31, 2024 1.08%
Dec 31, 2023 10.73%
Dec 31, 2023 10.73%