Goldman Sachs BDC (GSBD) FCF Payout Ratio (2021 - 2026)
Goldman Sachs BDC (GSBD) recorded quarterly FCF Payout Ratio of 3.78 in Q1 2026, up 290.33% on a QoQ basis from 1.98 in Q4 2025, and up 857.76% year-over-year from 0.39 in Q1 2025.
Goldman Sachs BDC (GSBD) FCF Payout Ratio (2021 - 2026) Analysis & Trends
Goldman Sachs BDC has disclosed FCF Payout Ratio across 6 years of filings, most recently posting 3.78 for Q1 2026.
- Quarterly FCF Payout Ratio rose 857.76% year-over-year to 3.78 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 1.09 (down 30.65% YoY) and the FY2025 annual result came in at 0.72, down 99.11% from the prior year.
- FCF Payout Ratio improved to 3.78 in Q1 2026, from 1.98 in the prior quarter.
- Over five years, FCF Payout Ratio peaked at 6.76 in Q1 2024 and troughed at 1.98 in Q4 2025.
- A 5-year average of 1.11 and a median of 0.49 in 2024 frame the typical range for FCF Payout Ratio.
- Annual changes were most pronounced in 2025 — FCF Payout Ratio tumbled 151.18% — and 2026, when it surged 857.76%.
- Tracing GSBD's FCF Payout Ratio over 5 years: stood at 0.34 in 2022, then soared by 76.6% to 0.6 in 2023, then surged by 550.97% to 3.88 in 2024, then slumped by 151.18% to 1.98 in 2025, then surged by 290.33% to 3.78 in 2026.
- Business Quant data shows GSBD's FCF Payout Ratio at 3.78 in Q1 2026, 1.98 in Q4 2025, and 1.26 in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 163.18 Bn | 153.56 Bn | - | - |
| 2 | Blackstone | 96.85 Bn | 95.80 Bn | - | 0.37 |
| 3 | Kkr | 86.45 Bn | 133.96 Bn | - | 0.10 |
| 4 | Apollo Global Management | 82.30 Bn | 101.04 Bn | 5.04 Bn | 0.18 |
| 5 | State Street | 46.95 Bn | 21.27 Bn | - | -0.02 |
| 6 | Ameriprise Financial | 43.65 Bn | 43.52 Bn | 4.57 Bn | 0.34 |
| 7 | Northern Trust | 31.92 Bn | 31.92 Bn | - | -0.45 |
| 8 | Raymond James Financial | 30.62 Bn | 19.37 Bn | - | 0.10 |
| 9 | Ares Management | 29.04 Bn | 32.41 Bn | - | 0.21 |
| 10 | Goldman Sachs BDC | - | - | - | 3.78 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 3.78 |
| Dec 31, 2025 | -1.98 |
| Sep 30, 2025 | 1.26 |
| Jun 30, 2025 | 0.36 |
| Mar 31, 2025 | 0.39 |
| Dec 31, 2024 | 3.88 |
| Sep 30, 2024 | 0.49 |
| Jun 30, 2024 | -0.40 |
| Mar 31, 2024 | 6.76 |
| Dec 31, 2023 | 0.60 |
| Sep 30, 2023 | 0.30 |
| Jun 30, 2023 | 1.90 |
| Mar 31, 2023 | 1.38 |
| Dec 31, 2022 | 0.34 |
| Sep 30, 2022 | -0.82 |
| Jun 30, 2022 | -0.47 |
| Mar 31, 2022 | 1.13 |
| Dec 31, 2021 | -0.14 |