Growth Metrics

Golub Capital Bdc (GBDC) FCF Payout Ratio (2021 - 2026)

Golub Capital Bdc recorded quarterly FCF Payout Ratio of 0.29 in Q1 2026, down 27.03% quarter-over-quarter from 0.4 in Q4 2025, and down 36.39% year-over-year from 0.46 in Q1 2025.

Golub Capital Bdc's FCF Payout Ratio history runs 6 years deep, the most recent figure standing at 0.29 for Q1 2026.

  • In Q1 2026, FCF Payout Ratio fell 36.39% year-over-year to 0.29; the TTM figure through Mar 2026 stood at 0.62 (up 122.38% YoY), while the FY2025 annual figure was 3.24, down 429.63% from the prior year.
  • FCF Payout Ratio came in at 0.29 for Q1 2026 at Golub Capital Bdc, down from 0.4 in the prior quarter.
  • In the past five years, FCF Payout Ratio ranged from a high of 1.46 in Q1 2023 to a low of 0.69 in Q3 2024.
  • A 5-year average of 0.31 and a median of 0.33 in 2025 frame the typical range for FCF Payout Ratio.
  • Across the five-year window, FCF Payout Ratio jumped 911.27% in 2023 and plunged 227.01% in 2025, its largest moves.
  • Golub Capital Bdc's FCF Payout Ratio stood at 0.89 in 2022, then slumped by 59.11% to 0.37 in 2023, then sank by 179.16% to 0.29 in 2024, then surged by 237.88% to 0.4 in 2025, then fell by 27.03% to 0.29 in 2026.
  • According to Business Quant data, FCF Payout Ratio over the past three periods registered 0.29, 0.4, and 0.33 for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Cover (Qtr)
1 BlackRock 158.51 Bn 148.89 Bn - -
2 Blackstone 92.68 Bn 91.63 Bn - 0.37
3 Kkr 84.94 Bn 132.45 Bn - 0.10
4 Brookfield Asset Management 77.34 Bn 77.68 Bn - 2.44
5 Apollo Global Management 76.27 Bn 95.00 Bn 5.04 Bn 0.18
6 State Street 44.42 Bn 18.75 Bn - -0.02
7 Ameriprise Financial 41.68 Bn 41.55 Bn 4.57 Bn 0.34
8 Northern Trust 31.21 Bn 31.21 Bn - -0.45
9 Ares Management 28.85 Bn 32.22 Bn - 0.21
10 Golub Capital Bdc 3.52 Bn 3.49 Bn - 0.29

Historic Data

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DateValue
Mar 31, 2026 0.29
Dec 31, 2025 0.40
Sep 30, 2025 0.33
Jun 30, 2025 -0.42
Mar 31, 2025 0.46
Dec 31, 2024 -0.29
Sep 30, 2024 -0.69
Jun 30, 2024 0.33
Mar 31, 2024 0.43
Dec 31, 2023 0.37
Sep 30, 2023 0.88
Jun 30, 2023 0.92
Mar 31, 2023 1.46
Dec 31, 2022 0.89
Sep 30, 2022 0.25
Jun 30, 2022 -0.21
Mar 31, 2022 -0.18
Dec 31, 2021 -0.21