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

Goldman Sachs BDC (GSBD) recorded quarterly Equity Ratio of 0.41 in Q1 2026, down 2.56% on a QoQ basis from 0.42 in Q4 2025, and down 7.23% year-over-year from 0.44 in Q1 2025.

Goldman Sachs BDC (GSBD) Equity Ratio (2021 - 2026) Analysis & Trends

Goldman Sachs BDC has disclosed Equity Ratio across 6 years of filings, most recently posting 0.41 for Q1 2026.

  • Quarterly Equity Ratio fell 7.23% year-over-year to 0.41 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.41 (down 7.23% YoY) and the FY2025 annual result came in at 0.42, down 3.63% from the prior year.
  • Equity Ratio fell to 0.41 in Q1 2026, from 0.42 in the prior quarter.
  • Over five years, Equity Ratio peaked at 0.46 in Q1 2024 and troughed 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.
  • Annual changes were most pronounced in 2022 — Equity Ratio dropped 7.98% — and 2023, when it gained 8.69%.
  • Tracing GSBD's Equity Ratio over 5 years: stood at 0.42 in 2022, then advanced by 8.69% to 0.45 in 2023, then dropped by 4.01% to 0.44 in 2024, then retreated by 3.63% to 0.42 in 2025, then decreased by 2.56% to 0.41 in 2026.
  • Business Quant data shows GSBD's Equity Ratio at 0.41 in Q1 2026, 0.42 in Q4 2025, and 0.43 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Equity Ratio (Qtr)
1 BlackRock 163.18 Bn 153.56 Bn - 0.33
2 Blackstone 96.85 Bn 95.80 Bn - 0.17
3 Kkr 86.45 Bn 133.96 Bn - 0.07
4 Apollo Global Management 82.30 Bn 101.04 Bn 5.04 Bn 0.08
5 State Street 46.95 Bn 21.27 Bn - -
6 Ameriprise Financial 43.65 Bn 43.52 Bn 4.57 Bn 0.03
7 Northern Trust 31.92 Bn 31.92 Bn - 0.07
8 Raymond James Financial 30.62 Bn 19.37 Bn - 0.14
9 Ares Management 29.04 Bn 32.41 Bn - 0.29
10 Goldman Sachs BDC - - - 0.41

Historic Data

Download Data
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