Growth Metrics

Golub Capital Bdc (GBDC) Operating Margin (2021 - 2025)

Golub Capital Bdc's Operating Margin history spans 5 years, with the latest figure at 46.26% for Q4 2025.

  • For Q4 2025, Operating Margin rose 271.0% year-over-year to 46.26%; the TTM value through Dec 2025 reached 46.26%, down 444.0%, while the annual FY2025 figure was 45.57%, 737.0% down from the prior year.
  • Operating Margin for Q4 2025 was 46.26% at Golub Capital Bdc, roughly flat from 46.26% in the prior quarter.
  • Across five years, Operating Margin topped out at 56.39% in Q2 2022 and bottomed at 43.55% in Q4 2024.
  • The 5-year median for Operating Margin is 47.93% (2023), against an average of 49.28%.
  • The largest annual shift saw Operating Margin tumbled -871bps in 2023 before it soared 653bps in 2024.
  • A 5-year view of Operating Margin shows it stood at 51.74% in 2021, then fell by -10bps to 46.66% in 2022, then increased by 9bps to 51.0% in 2023, then fell by -15bps to 43.55% in 2024, then increased by 6bps to 46.26% in 2025.
  • Per Business Quant, the three most recent readings for GBDC's Operating Margin are 46.26% (Q4 2025), 46.26% (Q3 2025), and 46.38% (Q2 2025).