Golub Capital Bdc (GBDC) FCF Margin (2009 - 2026)
Golub Capital Bdc's FCF Margin was 102.67% in fiscal Q3 2026 (quarter ended Jun 30, 2026), up 194.46 percentage points from -91.79% a year earlier but down 29.56 percentage points from the prior quarter.
Golub Capital Bdc (GBDC) FCF Margin (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Golub Capital Bdc's FCF Margin was 114.85% through Jun 30, 2026, up 180.93 percentage points year-over-year; for FY2025 (ended Sep 30, 2025), it was -13.05%, down 60.50 percentage points from FY2024.
- FCF Margin shows a five-year change of -75.83 percentage points (FY2020 to FY2025).
- In earlier fiscal years, FCF Margin was 47.46% in FY2024 (+15.06 pp), 32.39% in FY2023 (+139.79 pp), -107.39% in FY2022 (-7.74 pp) and -99.65% in FY2021 (-162.43 pp).
- Quarterly FCF Margin has moved between -241.14% (fiscal Q2 2022) and 134.83% (fiscal Q3 2024) over five years.
- Compared with a year earlier, FCF Margin has increased for four straight quarters, with an average year-over-year change of +11.93 percentage points over the last eight quarters.
- The best year-over-year quarter for FCF Margin over five years was fiscal Q1 2026 (a gain of 272.21 percentage points); the worst was fiscal Q1 2025 (a drop of 269.10 percentage points).
- Per Business Quant data, GBDC's FCF Margin in the three fiscal quarters before Q3 2026 was 132.23% (Q2 2026), 102.42% (Q1 2026) and 122.16% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Royalty Pharma | 39.80 Bn | 40.13 Bn | - | 99.42% |
| 2 | Rocket Companies | 38.90 Bn | 27.72 Bn | - | 56.70% |
| 3 | Orix | 38.66 Bn | 9.30 Bn | 13.83 Bn | - |
| 4 | Federal National Mortgage Association Fannie Mae | 26.46 Bn | -16,107.65 Bn | - | 10.46% |
| 5 | Synchrony Financial | 22.47 Bn | -45.15 Bn | - | 50.83% |
| 6 | Affirm Holdings | 22.07 Bn | 15.11 Bn | - | 11.45% |
| 7 | Royal Gold | 21.71 Bn | 20.92 Bn | 402.46 Mn | 73.88% |
| 8 | Ares Capital | 13.84 Bn | 11.59 Bn | - | 137.88% |
| 9 | Annaly Capital Management | 13.83 Bn | 4.86 Bn | - | 332.74% |
| 10 | Golub Capital Bdc | 3.26 Bn | 3.16 Bn | - | 102.67% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 102.67% |
| 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% |
| Sep 30, 2021 | -476.77% |
Golub Capital Bdc FCF Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=fcf-margin&ticker=GBDC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "GBDC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=fcf-margin&ticker=GBDC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();