Golub Capital Bdc (GBDC) Payout Ratio (2022 - 2026)
Golub Capital Bdc's (GBDC) Payout Ratio came in at 1.83 for fiscal Q3 2026 (quarter ended Jun 30, 2026), up 63.9% from 1.12 a year earlier and up 14.7% from the prior quarter.
Golub Capital Bdc (GBDC) Payout Ratio (2022 - 2026) Analysis & Trends
For FY2025 (ended Sep 30, 2025), Golub Capital Bdc's Payout Ratio stood at 0.98, down 20.9% from FY2024.
- In prior fiscal years, Golub Capital Bdc's Payout Ratio was 1.24 in FY2024 (+66.9%), 0.74 in FY2023 (-26.8%), 1.01 in FY2022 (+147.4%) and 0.41 in FY2021 (-83.6%).
- The fiscal Q3 2026 figure stands as the highest quarterly Payout Ratio in data going back to fiscal Q4 2022.
- On a year-over-year basis, Payout Ratio increased in six of the last eight quarters, with growth averaging 41.8%.
- The strongest year-over-year quarter for Payout Ratio in the past five years was fiscal Q2 2025, with growth of 114.5%; the weakest was fiscal Q2 2024, with a decline of 58.8%.
- According to Business Quant data, Payout Ratio for the three prior fiscal quarters was 1.60 (Q2 2026), 1.04 (Q1 2026) and 0.98 (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Royalty Pharma | 39.80 Bn | 40.13 Bn | - |
| 2 | Rocket Companies | 38.90 Bn | 27.72 Bn | - |
| 3 | Orix | 38.66 Bn | 9.30 Bn | 13.83 Bn |
| 4 | Federal National Mortgage Association Fannie Mae | 26.46 Bn | -16,107.65 Bn | - |
| 5 | Synchrony Financial | 22.47 Bn | -45.15 Bn | - |
| 6 | Affirm Holdings | 22.07 Bn | 15.11 Bn | - |
| 7 | Royal Gold | 21.71 Bn | 20.92 Bn | 402.46 Mn |
| 8 | Ares Capital | 13.84 Bn | 11.59 Bn | - |
| 9 | Annaly Capital Management | 13.83 Bn | 4.86 Bn | - |
| 10 | Golub Capital Bdc | 3.26 Bn | 3.16 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.83 |
| Mar 31, 2026 | 1.60 |
| Dec 31, 2025 | 1.04 |
| Sep 30, 2025 | 0.98 |
| Jun 30, 2025 | 1.12 |
| Mar 31, 2025 | 1.40 |
| Dec 31, 2024 | 1.25 |
| Sep 30, 2024 | 1.24 |
| Jun 30, 2024 | 0.91 |
| Mar 31, 2024 | 0.65 |
| Dec 31, 2023 | 0.66 |
| Sep 30, 2023 | 0.74 |
| Jun 30, 2023 | 1.06 |
| Mar 31, 2023 | 1.58 |
| Dec 31, 2022 | 1.42 |
| Sep 30, 2022 | 1.01 |
| Jun 30, 2022 | 0.53 |
| Mar 31, 2022 | 0.27 |
Golub Capital Bdc Payout Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=payout-ratio&ticker=GBDC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "payout-ratio", "ticker": "GBDC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=payout-ratio&ticker=GBDC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();