Oaktree Specialty Lending (OCSL) Debt Ratio (2022 - 2026)
Oaktree Specialty Lending's (OCSL) Debt Ratio was 0.33 for fiscal Q3 2026 (quarter ended Jun 30, 2026), up 3.7% from 0.32 a year earlier and up 0.9% from the prior quarter.
Oaktree Specialty Lending (OCSL) Debt Ratio (2022 - 2026) Analysis & Trends
For FY2025 (ended Sep 30, 2025), Debt Ratio at Oaktree Specialty Lending was 0.31, up 8.0% from FY2024.
- Debt Ratio has increased for three consecutive fiscal years.
- By fiscal year, Debt Ratio came in at 0.29 in FY2024 (+4.9%), 0.28 in FY2023 (+4.6%) and 0.26 in FY2022.
- The fiscal Q3 2026 figure ranks as the highest quarterly Debt Ratio since fiscal Q3 2023.
- Year over year, Debt Ratio has now increased in each of the last eight quarters, with growth averaging 7.4% over the last eight quarters.
- The high point for year-over-year Debt Ratio in five years was fiscal Q3 2025 (growth of 15.8%); the low point was fiscal Q3 2024 (a decline of 19.7%).
- Per Business Quant data, the three fiscal quarters before Q3 2026 came in at 0.33 (Q2 2026), 0.31 (Q1 2026) and 0.31 (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.26 Bn | 28.94 Bn | - | 0.27 |
| 2 | Orix | 42.40 Bn | 42.90 Bn | - | 0.35 |
| 3 | Royalty Pharma | 33.56 Bn | 33.47 Bn | - | 0.45 |
| 4 | Federal National Mortgage Association Fannie Mae | 24.47 Bn | 24.47 Bn | - | - |
| 5 | Affirm Holdings | 23.34 Bn | 17.03 Bn | - | 0.21 |
| 6 | Synchrony Financial | 23.06 Bn | -44.91 Bn | - | 0.06 |
| 7 | Royal Gold | 19.98 Bn | 19.21 Bn | 390.45 Mn | 0.04 |
| 8 | Annaly Capital Management | 14.18 Bn | 5.27 Bn | - | 0.24 |
| 9 | Ares Capital | 13.71 Bn | 11.15 Bn | - | - |
| 10 | Oaktree Specialty Lending | 1.05 Bn | 796.60 Mn | - | 0.33 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.33 |
| Mar 31, 2026 | 0.33 |
| Dec 31, 2025 | 0.31 |
| Sep 30, 2025 | 0.31 |
| Jun 30, 2025 | 0.32 |
| Mar 31, 2025 | 0.30 |
| Dec 31, 2024 | 0.30 |
| Sep 30, 2024 | 0.29 |
| Jun 30, 2024 | 0.27 |
| Mar 31, 2024 | 0.27 |
| Dec 31, 2023 | 0.28 |
| Sep 30, 2023 | 0.28 |
| Jun 30, 2023 | 0.34 |
| Mar 31, 2023 | 0.34 |
| Dec 31, 2022 | 0.31 |
| Sep 30, 2022 | 0.26 |
Oaktree Specialty Lending Debt Ratio 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=debt-ratio&ticker=OCSL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "OCSL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=OCSL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();