KPIs & Operating Metrics(New)

Goldman Sachs BDC (GSBD) Equity Ratio (2021 - 2026)

Goldman Sachs BDC (GSBD) reported Equity Ratio of 0.41 for Q1 2026, down 7.23% year-on-year from 0.44 in Q1 2025, and down 2.56% quarter-over-quarter from 0.42 in Q4 2025.

Goldman Sachs BDC (GSBD) has 6 years of Equity Ratio data on file, last reported at 0.41 in Q1 2026.

  • For the quarter ending Q1 2026, Equity Ratio fell 7.23% year-over-year to 0.41; the trailing twelve-month figure through Mar 2026 stood at 0.41 (down 7.23% YoY), and the FY2025 full-year result was 0.42, down 3.63% from the prior year.
  • Equity Ratio for Q1 2026 stood at 0.41, down from 0.42 in the prior quarter.
  • Across five years, Equity Ratio topped out at 0.46 in Q1 2024 and bottomed at 0.41 in Q1 2026.
  • A 5-year average of 0.44 and a median of 0.44 in 2023 frame the typical range for Equity Ratio.
  • Across the five-year window, Equity Ratio dropped 7.98% in 2022 and gained 8.69% in 2023, its largest moves.
  • Tracing GSBD's Equity Ratio over 5 years: stood at 0.42 in 2022, then climbed by 8.69% to 0.45 in 2023, then declined by 4.01% to 0.44 in 2024, then decreased by 3.63% to 0.42 in 2025, then slipped by 2.56% to 0.41 in 2026.
  • According to Business Quant data, Equity Ratio over the past three periods registered 0.41, 0.42, and 0.43 for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Equity Ratio (Qtr)
1 BlackRock 158.51 Bn 148.89 Bn - 0.33
2 Blackstone 92.68 Bn 91.63 Bn - 0.17
3 Kkr 84.94 Bn 132.45 Bn - 0.07
4 Brookfield Asset Management 77.34 Bn 77.68 Bn - 0.48
5 Apollo Global Management 76.27 Bn 95.00 Bn 5.04 Bn 0.08
6 State Street 44.42 Bn 18.75 Bn - -
7 Ameriprise Financial 41.68 Bn 41.55 Bn 4.57 Bn 0.03
8 Northern Trust 31.21 Bn 31.21 Bn - 0.07
9 Ares Management 28.85 Bn 32.22 Bn - 0.29
10 Goldman Sachs BDC - - - 0.41

Historic Data

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DateValue
Mar 31, 2026 0.41
Dec 31, 2025 0.42
Sep 30, 2025 0.43
Jun 30, 2025 0.44
Mar 31, 2025 0.44
Dec 31, 2024 0.44
Sep 30, 2024 0.45
Jun 30, 2024 0.44
Mar 31, 2024 0.46
Dec 31, 2023 0.45
Sep 30, 2023 0.45
Jun 30, 2023 0.44
Mar 31, 2023 0.44
Dec 31, 2022 0.42
Sep 30, 2022 0.42
Dec 31, 2021 0.45