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
DateValue
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%