Golub Capital Bdc (GBDC) Net Margin (2021 - 2026)

Golub Capital Bdc's (GBDC) quarterly Net Margin came in at 57.33% in Q1 2026, down 6151.0% year-on-year from 0.95% in Q1 2025, and down 11012.89% quarter-over-quarter from 0.52% in Q4 2025.

Golub Capital Bdc (GBDC) Net Margin (2021 - 2026) Analysis & Trends

Golub Capital Bdc has disclosed Net Margin across 6 years of filings, most recently posting 57.33% for Q1 2026.

  • Net Margin for Q1 2026 came in at 57.33%, down 6151.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 7.7% (down 987.0% YoY), and the FY2025 annual result was 9.82%, up 143.0% from the prior year.
  • Net Margin came in at 57.33% for Q1 2026 at Golub Capital Bdc, down from 0.52% in the prior quarter.
  • In the past five years, Net Margin ranged from a high of 55.48% in Q1 2022 to a low of 57.33% in Q1 2026.
  • The 5-year median for Net Margin is 11.83% (2025), against an average of 6.62%.
  • Across the five-year window, Net Margin jumped 5460 bps in 2023 and slumped 6151 bps in 2026, its largest moves.
  • Golub Capital Bdc's Net Margin stood at 6.51% in 2022, then soared by 419 bps to 20.78% in 2023, then slumped by 31 bps to 14.35% in 2024, then slumped by 104 bps to 0.52% in 2025, then tumbled by 11013 bps to 57.33% in 2026.
  • The last three Net Margin figures came in at 57.33% (Q1 2026), 0.52% (Q4 2025), and 11.83% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 BlackRock 163.18 Bn 153.56 Bn - 34.73%
2 Blackstone 96.85 Bn 95.80 Bn - 34.77%
3 Kkr 86.45 Bn 133.96 Bn - 8.45%
4 Apollo Global Management 82.30 Bn 101.04 Bn 5.04 Bn -38.15%
5 State Street 46.95 Bn 21.27 Bn - 18.57%
6 Ameriprise Financial 43.65 Bn 43.52 Bn 4.57 Bn 18.73%
7 Northern Trust 31.92 Bn 31.92 Bn - 37.97%
8 Raymond James Financial 30.62 Bn 19.37 Bn - 12.72%
9 Ares Management 29.04 Bn 32.41 Bn - 8.40%
10 Golub Capital Bdc 3.26 Bn 3.23 Bn - -57.33%

Historic Data

Download Data
DateValue
Mar 31, 2026 -57.33%
Dec 31, 2025 -0.52%
Sep 30, 2025 11.83%
Jun 30, 2025 8.77%
Mar 31, 2025 4.17%
Dec 31, 2024 14.35%
Sep 30, 2024 12.70%
Jun 30, 2024 -29.81%
Mar 31, 2024 29.89%
Dec 31, 2023 20.78%
Sep 30, 2023 37.20%
Jun 30, 2023 21.60%
Mar 31, 2023 15.11%
Dec 31, 2022 -6.51%
Sep 30, 2022 -17.40%
Jun 30, 2022 -7.73%
Mar 31, 2022 55.48%
Dec 31, 2021 52.83%