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| Date | Value |
|---|---|
| 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% |