Oaktree Specialty Lending (OCSL) Debt Ratio (2022 - 2026)
Oaktree Specialty Lending's (OCSL) quarterly Debt Ratio came in at 0.33 in Q2 2026, up 3.74% year-over-year from 0.32 in Q2 2025, and up 0.86% quarter-over-quarter from 0.33 in Q1 2026.
Analysis
Oaktree Specialty Lending (OCSL) Debt Ratio (2022 - 2026) Analysis & Trends
Oaktree Specialty Lending has disclosed Debt Ratio across 5 years of filings, most recently posting 0.33 for Q2 2026.
- In Q2 2026, Debt Ratio rose 3.74% year-over-year to 0.33; the TTM figure through Jun 2026 stood at 0.33 (up 3.74% YoY), while the FY2025 annual figure was 0.31, up 8.02% from the prior year.
- Debt Ratio came in at 0.33 for Q2 2026 at Oaktree Specialty Lending, up from 0.33 in the prior quarter.
- In the past five years, Debt Ratio ranged from a high of 0.34 in Q2 2023 to a low of 0.26 in Q3 2022.
- Average Debt Ratio over 5 years is 0.3, with a median of 0.3 recorded in 2025.
- Year-over-year, Debt Ratio declined 19.74% in 2024 and grew 15.83% in 2025.
- Over 5 years, Debt Ratio stood at 0.31 in 2022, then dropped by 10.08% to 0.28 in 2023, then gained by 6.5% to 0.3 in 2024, then grew by 2.49% to 0.31 in 2025, then gained by 7.58% to 0.33 in 2026.
- Per Business Quant data, the three most recent Debt Ratio figures were 0.33 in Q2 2026, 0.33 in Q1 2026, and 0.31 in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Ares Capital | 14.39 Bn | 14.01 Bn | - | 0.52 |
| 2 | Blackstone Secured Lending Fund | 5.76 Bn | 5.49 Bn | - | 0.55 |
| 3 | Blue Owl Capital | 5.62 Bn | 5.38 Bn | - | 0.51 |
| 4 | Main Street Capital | 5.39 Bn | 5.33 Bn | - | 0.43 |
| 5 | Blue Owl Technology Finance | 5.20 Bn | 4.99 Bn | - | 0.48 |
| 6 | Hercules Capital | 4.68 Bn | 4.64 Bn | - | 0.50 |
| 7 | FS KKR Capital | 3.48 Bn | 3.37 Bn | - | 0.54 |
| 8 | Golub Capital Bdc | 3.38 Bn | 3.34 Bn | - | 0.54 |
| 9 | PennantPark Floating Rate Capital | 2.47 Bn | -134.94 Mn | - | 0.24 |
| 10 | Oaktree Specialty Lending | 1.15 Bn | 1.11 Bn | - | 0.33 |
Historic Data
Download Data
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 |