Golub Capital Bdc (GBDC) Payout Ratio (2021 - 2026)
Golub Capital Bdc's (GBDC) quarterly Payout Ratio came in at 17.79 in Q2 2026, down 508.77% year-over-year from 4.35 in Q2 2025, and down 2552.98% quarter-over-quarter from 0.67 in Q1 2026.
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Analysis
Golub Capital Bdc (GBDC) Payout Ratio (2021 - 2026) Analysis & Trends
Golub Capital Bdc has disclosed Payout Ratio across 6 years of filings, most recently posting 17.79 for Q2 2026.
- In Q2 2026, Payout Ratio fell 508.77% year-over-year to 17.79; the TTM figure through Jun 2026 stood at 3.61 (down 175.92% YoY), while the FY2025 annual figure was 4.31, down 22.63% from the prior year.
- Payout Ratio came in at 17.79 for Q2 2026 at Golub Capital Bdc, down from 0.67 in the prior quarter.
- In the past five years, Payout Ratio ranged from a high of 10.01 in Q1 2025 to a low of 79.1 in Q4 2025.
- Average Payout Ratio over 5 years is 4.31, with a median of 1.11 recorded in 2023.
- The largest YoY upside for Payout Ratio was 669.44% in 2025 against a maximum downside of 2412.94% in 2025.
- Over 5 years, Payout Ratio stood at 5.3 in 2022, then soared by 132.9% to 1.74 in 2023, then jumped by 96.02% to 3.42 in 2024, then sank by 2412.94% to 79.1 in 2025, then surged by 77.51% to 17.79 in 2026.
- Per Business Quant data, the three most recent Payout Ratio figures were 17.79 in Q2 2026, 0.67 in Q1 2026, and 79.1 in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Ares Capital | 14.14 Bn | 13.76 Bn | - |
| 2 | Blackstone Secured Lending Fund | 5.70 Bn | 5.44 Bn | - |
| 3 | Blue Owl Capital | 5.54 Bn | 5.30 Bn | - |
| 4 | Main Street Capital | 5.29 Bn | 5.23 Bn | - |
| 5 | Blue Owl Technology Finance | 5.08 Bn | 4.87 Bn | - |
| 6 | Hercules Capital | 4.65 Bn | 4.60 Bn | - |
| 7 | FS KKR Capital | 3.42 Bn | 3.31 Bn | - |
| 8 | Golub Capital Bdc | 3.32 Bn | 3.27 Bn | - |
| 9 | PennantPark Floating Rate Capital | 2.48 Bn | -127.01 Mn | - |
| 10 | MidCap Financial Investment | 2.07 Bn | 2.03 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -17.79 |
| Mar 31, 2026 | -0.67 |
| Dec 31, 2025 | -79.10 |
| Sep 30, 2025 | 3.39 |
| Jun 30, 2025 | 4.35 |
| Mar 31, 2025 | 10.01 |
| Dec 31, 2024 | 3.42 |
| Sep 30, 2024 | 4.88 |
| Jun 30, 2024 | -1.48 |
| Mar 31, 2024 | 1.30 |
| Dec 31, 2023 | 1.74 |
| Sep 30, 2023 | 0.92 |
| Jun 30, 2023 | 1.33 |
| Mar 31, 2023 | 1.96 |
| Dec 31, 2022 | -5.30 |
| Sep 30, 2022 | -1.93 |
| Jun 30, 2022 | -5.32 |
| Mar 31, 2022 | 0.78 |
| Dec 31, 2021 | 0.84 |