Goldman Sachs BDC (GSBD) Times Interest Earned (2021 - 2025)
Goldman Sachs BDC's (GSBD) Times Interest Earned came in at 1.65 for Q3 2025, down 30.8% from 2.38 a year earlier and down 4.1% from the prior quarter.
Goldman Sachs BDC (GSBD) Times Interest Earned (2021 - 2025) Analysis & Trends
For the trailing twelve months through Sep 30, 2025, Times Interest Earned at Goldman Sachs BDC was 1.81, down 21.3% year-over-year; for FY2024, it was 2.27, up 0.1% from FY2023.
- In prior years, Goldman Sachs BDC's Times Interest Earned was 2.26 in FY2023 (-22.8%), 2.93 in FY2022 (-27.5%), 4.05 in FY2021 (+45.0%) and 2.79 in FY2020.
- The Q3 2025 figure stands as the lowest quarterly Times Interest Earned in data going back to Q3 2021.
- On a year-over-year basis, Times Interest Earned has declined in each of the last six quarters, with an average decline of 10.8% over the last eight quarters.
- The strongest year-over-year quarter for Times Interest Earned in the past five years was Q1 2024, with growth of 25.4%; the weakest was Q1 2023, with a decline of 45.0%.
- According to Business Quant data, Times Interest Earned for the three prior quarters was 1.72 (Q2 2025), 1.80 (Q1 2025) and 2.10 (Q4 2024).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Times Interest Earned (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.26 Bn | 28.94 Bn | - | 1.75 |
| 2 | Orix | 42.40 Bn | 42.90 Bn | - | 2.98 |
| 3 | Royalty Pharma | 33.56 Bn | 33.47 Bn | - | 1.42 |
| 4 | Federal National Mortgage Association Fannie Mae | 24.47 Bn | 24.47 Bn | - | 1.15 |
| 5 | Affirm Holdings | 23.34 Bn | 17.03 Bn | - | 1.24 |
| 6 | Synchrony Financial | 23.06 Bn | -44.91 Bn | - | 2.22 |
| 7 | Royal Gold | 19.98 Bn | 19.21 Bn | 390.45 Mn | 27.97 |
| 8 | Annaly Capital Management | 14.18 Bn | 5.27 Bn | - | 1.63 |
| 9 | Ares Capital | 13.71 Bn | 11.15 Bn | - | - |
| 10 | Goldman Sachs BDC | 1.02 Bn | 1.02 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | 1.65 |
| Jun 30, 2025 | 1.72 |
| Mar 31, 2025 | 1.80 |
| Dec 31, 2024 | 2.10 |
| Sep 30, 2024 | 2.38 |
| Jun 30, 2024 | 2.34 |
| Mar 31, 2024 | 2.24 |
| Dec 31, 2023 | 2.26 |
| Sep 30, 2023 | 2.64 |
| Jun 30, 2023 | 2.35 |
| Mar 31, 2023 | 1.79 |
| Dec 31, 2022 | 2.71 |
| Sep 30, 2022 | 2.82 |
| Jun 30, 2022 | 3.12 |
| Mar 31, 2022 | 3.25 |
| Dec 31, 2021 | 3.83 |
| Sep 30, 2021 | 4.47 |
Goldman Sachs BDC Times Interest Earned 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=times-interest-earned&ticker=GSBD&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "times-interest-earned", "ticker": "GSBD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=times-interest-earned&ticker=GSBD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();