Investcorp Credit Management BDC (ICMB) Operating Margin (2021 - 2026)
Investcorp Credit Management BDC (ICMB) posted Operating Margin of 5.21% for Q1 2026, up 120.22% sequentially from 25.77% in Q4 2025, and down 860.0% YoY from 0.69% in Q1 2025.
Investcorp Credit Management BDC (ICMB) Operating Margin (2021 - 2026) Analysis & Trends
Investcorp Credit Management BDC has reported Operating Margin for 6 years, with the latest figure at 5.21% in Q1 2026.
- Quarterly Operating Margin fell 860.0% year-over-year to 5.21% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 1.42% (down 2710.0% YoY) and the FY2025 annual result came in at 10.95%, down 1883.0% from the prior year.
- Operating Margin improved to 5.21% in Q1 2026 per ICMB's latest filing, from 25.77% in the prior quarter.
- Over five years, Operating Margin peaked at 42.89% in Q2 2022 and troughed at 25.77% in Q4 2025.
- A 5-year average of 24.23% and a median of 30.37% in 2022 frame the typical range for Operating Margin.
- The sharpest annual moves came in 2023 and 2025: Operating Margin soared 601 bps in 2023, then sank 1907 bps in 2025.
- Over 5 years, Operating Margin stood at 34.64% in 2022, then slipped by 27 bps to 25.24% in 2023, then advanced by 22 bps to 30.74% in 2024, then sank by 184 bps to 25.77% in 2025, then soared by 120 bps to 5.21% in 2026.
- According to Business Quant data, Operating Margin over the past three periods registered 5.21%, 25.77%, and 11.67% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 178.79 Bn | 164.92 Bn | - | 34.74% |
| 2 | Blackstone | 115.40 Bn | 112.90 Bn | - | - |
| 3 | Kkr | 97.72 Bn | -179.36 Bn | - | 35.61% |
| 4 | Brookfield | 93.40 Bn | 46.00 Bn | - | - |
| 5 | Brookfield Asset Management | 83.83 Bn | 82.33 Bn | - | - |
| 6 | Apollo Global Management | 79.02 Bn | 53.65 Bn | 10.54 Bn | 47.97% |
| 7 | Ameriprise Financial | 51.24 Bn | 40.20 Bn | 4.72 Bn | 24.36% |
| 8 | State Street | 51.20 Bn | 51.20 Bn | - | - |
| 9 | Northern Trust | 34.01 Bn | 34.01 Bn | - | - |
| 10 | Investcorp Credit Management BDC | 12.44 Mn | 1.50 Mn | - | -16.35% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -16.35% |
| Mar 31, 2026 | 5.21% |
| Dec 31, 2025 | -25.77% |
| Sep 30, 2025 | 11.67% |
| Mar 31, 2025 | 13.81% |
| Sep 30, 2024 | 30.74% |
| Jun 30, 2024 | 28.86% |
| Mar 31, 2024 | 31.40% |
| Dec 31, 2023 | 25.24% |
| Sep 30, 2023 | 27.60% |
| Jun 30, 2023 | 33.26% |
| Mar 31, 2023 | 36.37% |
| Dec 31, 2022 | 34.64% |
| Sep 30, 2022 | 37.09% |
| Jun 30, 2022 | 42.89% |
| Mar 31, 2022 | 30.37% |
| Dec 31, 2021 | 33.86% |