Kayne Anderson BDC (KBDC) Operating Margin (2023 - 2026)
Kayne Anderson BDC (KBDC) reported Operating Margin of 48.80% for Q3 2026, up 99.84 percentage points from -51.04% a year earlier and up 206.01 percentage points from the prior quarter.
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Analysis
Kayne Anderson BDC (KBDC) Operating Margin (2023 - 2026) Analysis & Trends
For FY2025, Kayne Anderson BDC posted Operating Margin of -1299.98%, up 1798.10 percentage points from FY2024.
- Operating Margin has a three-year change of -1236.54 percentage points (FY2022 to FY2025).
- By year, Operating Margin came in at -3098.08% in FY2024 (+1513.73 pp), -4611.80% in FY2023 (-4548.37 pp) and -63.44% in FY2022.
- The Q3 2026 figure ranks as the highest quarterly Operating Margin in data going back to Q2 2023.
- Year over year, Operating Margin gained in two of the last seven quarters, with an average year-over-year change of -161.96 percentage points.
- The high point for year-over-year Operating Margin in five years was Q3 2026 (a gain of 99.84 percentage points); the low point was Q4 2024 (a drop of 1067.97 percentage points).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Royalty Pharma | 39.80 Bn | 40.13 Bn | - | 59.53% |
| 2 | Rocket Companies | 38.90 Bn | 27.72 Bn | - | - |
| 3 | Orix | 38.66 Bn | 9.30 Bn | 13.83 Bn | 4.59% |
| 4 | Federal National Mortgage Association Fannie Mae | 26.46 Bn | -16,107.65 Bn | - | - |
| 5 | Synchrony Financial | 22.47 Bn | -45.15 Bn | - | - |
| 6 | Affirm Holdings | 22.07 Bn | 15.11 Bn | - | 14.82% |
| 7 | Royal Gold | 21.71 Bn | 20.92 Bn | 402.46 Mn | 65.35% |
| 8 | Ares Capital | 13.84 Bn | 11.59 Bn | - | - |
| 9 | Annaly Capital Management | 13.83 Bn | 4.86 Bn | - | - |
| 10 | Kayne Anderson BDC | 846.81 Mn | 776.51 Mn | - | 48.80% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 48.80% |
| Jun 30, 2026 | -157.22% |
| Mar 31, 2026 | -99.27% |
| Sep 30, 2025 | -51.04% |
| Jun 30, 2025 | -77.98% |
| Mar 31, 2025 | -69.47% |
| Dec 31, 2024 | -1,143.29% |
| Sep 30, 2024 | -20.97% |
| Jun 30, 2024 | -46.77% |
| Mar 31, 2024 | -74.20% |
| Dec 31, 2023 | -75.32% |
| Sep 30, 2023 | -3.21% |
| Jun 30, 2023 | -2.95% |
API Access
Kayne Anderson BDC Operating Margin 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=operating-margin&ticker=KBDC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "KBDC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-margin&ticker=KBDC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();