Golub Capital Bdc (GBDC) EBITDA Margin (2021 - 2026)
Golub Capital Bdc's (GBDC) quarterly EBITDA Margin came in at 45.39% in Q2 2026, down 98.0% year-over-year from 2269.67% in Q2 2025, and little changed quarter-over-quarter from 45.47% in Q1 2026.
Analysis
Golub Capital Bdc (GBDC) EBITDA Margin (2021 - 2026) Analysis & Trends
Golub Capital Bdc has disclosed EBITDA Margin across 6 years of filings, most recently posting 45.39% for Q2 2026.
- In Q2 2026, EBITDA Margin fell 98.0% year-over-year to 45.39%; the TTM figure through Jun 2026 stood at 45.87% (down 151.0% YoY), while the FY2025 annual figure was 45.57%, down 737.0% from the prior year.
- EBITDA Margin came in at 45.39% for Q2 2026 at Golub Capital Bdc, roughly flat from 45.47% in the prior quarter.
- In the past five years, EBITDA Margin ranged from a high of 56.39% in Q2 2022 to a low of 43.55% in Q4 2024.
- Average EBITDA Margin over 5 years is 48.71%, with a median of 47.17% recorded in 2022.
- Year-over-year, EBITDA Margin plunged 871 bps in 2023 and soared 653 bps in 2024.
- Over 5 years, EBITDA Margin stood at 46.66% in 2022, then gained by 9 bps to 51.0% in 2023, then declined by 15 bps to 43.55% in 2024, then grew by 6 bps to 46.26% in 2025, then retreated by 2 bps to 45.39% in 2026.
- Per Business Quant data, the three most recent EBITDA Margin figures were 45.39% in Q2 2026, 45.47% in Q1 2026, and 46.26% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Ares Capital | 14.12 Bn | 13.74 Bn | - | 47.79% |
| 2 | Blackstone Secured Lending Fund | 5.63 Bn | 5.37 Bn | - | 55.61% |
| 3 | Blue Owl Capital | 5.49 Bn | 5.25 Bn | - | 44.07% |
| 4 | Main Street Capital | 5.20 Bn | 5.15 Bn | - | 62.71% |
| 5 | Blue Owl Technology Finance | 4.94 Bn | 4.73 Bn | - | 41.14% |
| 6 | Hercules Capital | 4.66 Bn | 4.61 Bn | - | 62.31% |
| 7 | FS KKR Capital | 3.33 Bn | 3.22 Bn | - | - |
| 8 | Golub Capital Bdc | 3.31 Bn | 3.26 Bn | - | 45.39% |
| 9 | PennantPark Floating Rate Capital | 2.49 Bn | -118.08 Mn | - | 8.79% |
| 10 | MidCap Financial Investment | 2.07 Bn | 2.03 Bn | - | 48.03% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 45.39% |
| Mar 31, 2026 | 45.47% |
| Dec 31, 2025 | 46.26% |
| Sep 30, 2025 | 46.26% |
| Jun 30, 2025 | 46.38% |
| Mar 31, 2025 | 46.13% |
| Dec 31, 2024 | 43.55% |
| Sep 30, 2024 | 53.32% |
| Jun 30, 2024 | 54.21% |
| Mar 31, 2024 | 53.04% |
| Dec 31, 2023 | 51.00% |
| Sep 30, 2023 | 51.47% |
| Jun 30, 2023 | 47.68% |
| Mar 31, 2023 | 47.93% |
| Dec 31, 2022 | 46.66% |
| Sep 30, 2022 | 45.16% |
| Jun 30, 2022 | 56.39% |
| Mar 31, 2022 | 50.53% |
| Dec 31, 2021 | 51.74% |