Growth Metrics

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

Barings BDC recorded quarterly Tax Rate of 27.45% in Q1 2026, up 20.14% quarter-over-quarter from 22.85% in Q4 2025, and up 2432.0% year-over-year from 1.08% in Q1 2025.

Barings BDC's Tax Rate history runs 6 years deep, the most recent figure standing at 27.45% for Q1 2026.

  • In Q1 2026, Tax Rate rose 2432.0% year-over-year to 27.45%; the TTM figure through Mar 2026 stood at 40.14% (up 1988.0% YoY), while the FY2025 annual figure 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.
  • A 5-year average of 13.64% and a median of 1.08% in 2024 frame the typical range for Tax Rate.
  • Across the five-year window, Tax Rate soared 22309 bps in 2024 and sank 17123 bps in 2025, its largest moves.
  • Barings BDC's Tax Rate stood at 3.32% in 2022, then surged by 423 bps to 10.73% in 2023, then surged by 211 bps to 33.35% in 2024, then slumped by 31 bps to 22.85% in 2025, then gained by 20 bps to 27.45% in 2026.
  • According to Business Quant data, Tax Rate over the past three periods registered 27.45%, 22.85%, and 39.59% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 BlackRock 158.51 Bn 148.89 Bn - 18.16
2 Blackstone 92.68 Bn 91.63 Bn - 13.55
3 Kkr 84.94 Bn 132.45 Bn - 40.05
4 Brookfield Asset Management 77.34 Bn 77.68 Bn - 15.80
5 Apollo Global Management 76.27 Bn 95.00 Bn 5.04 Bn 598.59
6 State Street 44.42 Bn 18.75 Bn - 21.16
7 Ameriprise Financial 41.68 Bn 41.55 Bn 4.57 Bn 20.02
8 Northern Trust 31.21 Bn 31.21 Bn - 24.99
9 Ares Management 28.85 Bn 32.22 Bn - 19.13
10 Barings BDC 852.13 Mn 796.72 Mn - 27.45

Historic Data

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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
Sep 30, 2023 -12.27
Sep 30, 2023 -12.27
Jun 30, 2023 1.02
Jun 30, 2023 1.02
Mar 31, 2023 0.95
Mar 31, 2023 0.95
Dec 31, 2022 -3.32
Dec 31, 2022 -3.32
Mar 31, 2022 0.06
Mar 31, 2022 0.06
Sep 30, 2021 0.41
Sep 30, 2021 0.41