Golub Capital Bdc (GBDC) FCF Margin (2021 - 2026)
Golub Capital Bdc's (GBDC) quarterly FCF Margin came in at 132.23% in Q1 2026, up 4086.0% year-on-year from 3.16% in Q1 2025, and up 29.11% quarter-over-quarter from 102.42% in Q4 2025.
Golub Capital Bdc (GBDC) FCF Margin (2021 - 2026) Analysis & Trends
Golub Capital Bdc has disclosed FCF Margin across 6 years of filings, most recently posting 132.23% for Q1 2026.
- FCF Margin for Q1 2026 came in at 132.23%, up 4086.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 63.33% (up 8120.0% YoY), and the FY2025 annual result was 13.05%, down 6050.0% from the prior year.
- FCF Margin came in at 132.23% for Q1 2026 at Golub Capital Bdc, up from 102.42% in the prior quarter.
- In the past five years, FCF Margin ranged from a high of 134.83% in Q2 2024 to a low of 241.14% in Q1 2022.
- The 5-year median for FCF Margin is 38.97% (2023), against an average of 14.63%.
- Across the five-year window, FCF Margin sank 26910 bps in 2024 and jumped 27221 bps in 2025, its largest moves.
- Golub Capital Bdc's FCF Margin stood at 38.66% in 2022, then jumped by 157 bps to 99.31% in 2023, then slumped by 271 bps to 169.79% in 2024, then soared by 160 bps to 102.42% in 2025, then climbed by 29 bps to 132.23% in 2026.
- The last three FCF Margin figures came in at 132.23% (Q1 2026), 102.42% (Q4 2025), and 122.16% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 163.18 Bn | 153.56 Bn | - | -16.21% |
| 2 | Blackstone | 96.85 Bn | 95.80 Bn | - | 26.47% |
| 3 | Kkr | 86.45 Bn | 133.96 Bn | - | 39.82% |
| 4 | Apollo Global Management | 82.30 Bn | 101.04 Bn | 5.04 Bn | 32.02% |
| 5 | State Street | 46.95 Bn | 21.27 Bn | - | -327.00% |
| 6 | Ameriprise Financial | 43.65 Bn | 43.52 Bn | 4.57 Bn | 8.80% |
| 7 | Northern Trust | 31.92 Bn | 31.92 Bn | - | -24.56% |
| 8 | Raymond James Financial | 30.62 Bn | 19.37 Bn | - | 24.73% |
| 9 | Ares Management | 29.04 Bn | 32.41 Bn | - | 27.99% |
| 10 | Golub Capital Bdc | 3.26 Bn | 3.23 Bn | - | 132.23% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 132.23% |
| Dec 31, 2025 | 102.42% |
| Sep 30, 2025 | 122.16% |
| Jun 30, 2025 | -91.79% |
| Mar 31, 2025 | 91.37% |
| Dec 31, 2024 | -169.79% |
| Sep 30, 2024 | -89.14% |
| Jun 30, 2024 | 134.83% |
| Mar 31, 2024 | 90.96% |
| Dec 31, 2023 | 99.31% |
| Sep 30, 2023 | 38.97% |
| Jun 30, 2023 | 31.38% |
| Mar 31, 2023 | 20.27% |
| Dec 31, 2022 | 38.66% |
| Sep 30, 2022 | 132.83% |
| Jun 30, 2022 | -194.90% |
| Mar 31, 2022 | -241.14% |
| Dec 31, 2021 | -209.93% |