Growth Metrics

Kayne Anderson BDC (KBDC) Free Cash Flow (2021 - 2026)

Kayne Anderson BDC (KBDC) reported Free Cash Flow of $39.8 million for Q1 2026, up 131.28% year-over-year from $17.2 million in Q1 2025, and down 50.13% on a QoQ basis from $79.8 million in Q4 2025.

Kayne Anderson BDC (KBDC) has 6 years of Free Cash Flow data on file, last reported at $39.8 million in Q1 2026.

  • Quarterly Free Cash Flow rose 131.28% year-over-year to $39.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $68.3 million (up 111.77% YoY) and the FY2025 annual result came in at -$98.7 million, up 81.87% from the prior year.
  • Free Cash Flow retreated to $39.8 million in Q1 2026 per KBDC's latest filing, from $79.8 million in the prior quarter.
  • Across five years, Free Cash Flow topped out at $79.8 million in Q4 2025 and bottomed at -$286.8 million in Q2 2024.
  • The 5-year median for Free Cash Flow is -$53.8 million (2023), against an average of -$73.8 million.
  • The widest annual swing landed in 2024, when Free Cash Flow plunged 37931.17%; it then soared 262.65% in 2025.
  • Tracing KBDC's Free Cash Flow over 5 years: stood at -$184.4 million in 2022, then soared by 70.84% to -$53.8 million in 2023, then advanced by 8.69% to -$49.1 million in 2024, then soared by 262.65% to $79.8 million in 2025, then plunged by 50.13% to $39.8 million in 2026.
  • Per Business Quant, the three latest KBDC Free Cash Flow figures stand at $39.8 million (Q1 2026), $79.8 million (Q4 2025), and -$53.7 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 BlackRock 158.51 Bn 148.89 Bn - -1.09 Bn
2 Blackstone 92.68 Bn 91.63 Bn - 957.64 Mn
3 Kkr 84.94 Bn 132.45 Bn - 1.72 Bn
4 Brookfield Asset Management 77.34 Bn 77.68 Bn - 332.00 Mn
5 Apollo Global Management 76.27 Bn 95.00 Bn 5.04 Bn 1.62 Bn
6 State Street 44.42 Bn 18.75 Bn - -12.41 Bn
7 Ameriprise Financial 41.68 Bn 41.55 Bn 4.57 Bn 430.00 Mn
8 Northern Trust 31.21 Bn 31.21 Bn - -329.40 Mn
9 Ares Management 28.85 Bn 32.22 Bn - 390.87 Mn
10 Kayne Anderson BDC 999.11 Mn 984.79 Mn - 39.81 Mn

Historic Data

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DateValue
Mar 31, 2026 39.81 Mn
Mar 31, 2026 39.81 Mn
Dec 31, 2025 79.83 Mn
Dec 31, 2025 79.83 Mn
Sep 30, 2025 -53.74 Mn
Sep 30, 2025 -53.74 Mn
Jun 30, 2025 2.44 Mn
Jun 30, 2025 2.44 Mn
Mar 31, 2025 -127.24 Mn
Mar 31, 2025 -127.24 Mn
Dec 31, 2024 -49.08 Mn
Dec 31, 2024 -49.08 Mn
Sep 30, 2024 -117.64 Mn
Sep 30, 2024 -117.64 Mn
Jun 30, 2024 -286.76 Mn
Jun 30, 2024 -286.76 Mn
Mar 31, 2024 -91.03 Mn
Mar 31, 2024 -91.03 Mn
Dec 31, 2023 -53.75 Mn
Dec 31, 2023 -53.75 Mn
Sep 30, 2023 21.34 Mn
Sep 30, 2023 21.34 Mn
Jun 30, 2023 -754,000.00
Jun 30, 2023 -754,000.00
Mar 31, 2023 -76.89 Mn
Mar 31, 2023 -76.89 Mn
Dec 31, 2022 -184.35 Mn
Dec 31, 2022 -184.35 Mn
Sep 30, 2022 -228.99 Mn
Sep 30, 2022 -228.99 Mn
Jun 30, 2022 -97.27 Mn
Jun 30, 2022 -97.27 Mn
Mar 31, 2022 -31.15 Mn
Mar 31, 2022 -31.15 Mn
Dec 31, 2021 -307.39 Mn
Dec 31, 2021 -307.39 Mn