Golub Capital Bdc (GBDC) Interest Coverage Ratio (2021 - 2026)
Golub Capital Bdc's (GBDC) quarterly Interest Coverage Ratio came in at 1.4 in Q2 2026, down 2.45% year-over-year from 1.43 in Q2 2025, and little changed quarter-over-quarter from 1.4 in Q1 2026.
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Analysis
Golub Capital Bdc (GBDC) Interest Coverage Ratio (2021 - 2026) Analysis & Trends
Golub Capital Bdc has disclosed Interest Coverage Ratio across 6 years of filings, most recently posting 1.4 for Q2 2026.
- In Q2 2026, Interest Coverage Ratio fell 2.45% year-over-year to 1.4; the TTM figure through Jun 2026 stood at 1.42 (down 2.05% YoY), while the FY2025 annual figure was 1.37, down 24.41% from the prior year.
- Interest Coverage Ratio came in at 1.4 for Q2 2026 at Golub Capital Bdc, roughly flat from 1.4 in the prior quarter.
- In the past five years, Interest Coverage Ratio ranged from a high of 2.32 in Q2 2022 to a low of 1.21 in Q4 2024.
- Average Interest Coverage Ratio over 5 years is 1.74, with a median of 1.83 recorded in 2022.
- Year-over-year, Interest Coverage Ratio sank 40.32% in 2024 and grew 19.65% in 2025.
- Over 5 years, Interest Coverage Ratio stood at 1.86 in 2022, then increased by 8.43% to 2.02 in 2023, then slumped by 40.32% to 1.21 in 2024, then increased by 19.65% to 1.44 in 2025, then declined by 3.24% to 1.4 in 2026.
- Per Business Quant data, the three most recent Interest Coverage Ratio figures were 1.4 in Q2 2026, 1.4 in Q1 2026, and 1.44 in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Ares Capital | 14.12 Bn | 13.74 Bn | - | 1.71 |
| 2 | Blackstone Secured Lending Fund | 5.63 Bn | 5.37 Bn | - | 1.76 |
| 3 | Blue Owl Capital | 5.49 Bn | 5.25 Bn | - | 1.44 |
| 4 | Main Street Capital | 5.20 Bn | 5.15 Bn | - | 2.56 |
| 5 | Blue Owl Technology Finance | 4.94 Bn | 4.73 Bn | - | 1.28 |
| 6 | Hercules Capital | 4.66 Bn | 4.61 Bn | - | 2.98 |
| 7 | FS KKR Capital | 3.33 Bn | 3.22 Bn | - | - |
| 8 | Golub Capital Bdc | 3.31 Bn | 3.26 Bn | - | 1.40 |
| 9 | PennantPark Floating Rate Capital | 2.49 Bn | -118.08 Mn | - | 0.23 |
| 10 | MidCap Financial Investment | 2.07 Bn | 2.03 Bn | - | 1.21 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.40 |
| Mar 31, 2026 | 1.40 |
| Dec 31, 2025 | 1.44 |
| Sep 30, 2025 | 1.43 |
| Jun 30, 2025 | 1.43 |
| Mar 31, 2025 | 1.41 |
| Dec 31, 2024 | 1.21 |
| Sep 30, 2024 | 1.80 |
| Jun 30, 2024 | 1.54 |
| Mar 31, 2024 | 1.97 |
| Dec 31, 2023 | 2.02 |
| Sep 30, 2023 | 2.08 |
| Jun 30, 2023 | 1.87 |
| Mar 31, 2023 | 1.94 |
| Dec 31, 2022 | 1.86 |
| Sep 30, 2022 | 1.86 |
| Jun 30, 2022 | 2.32 |
| Mar 31, 2022 | 2.25 |
| Dec 31, 2021 | 2.51 |