KPIs & Operating Metrics(New)
Growth Metrics

Oaktree Specialty Lending (OCSL) Debt to Equity (2022 - 2026)

Oaktree Specialty Lending recorded quarterly Debt to Equity of $0.39 in Q1 2026, down 40.62% quarter-over-quarter from $0.66 in Q4 2025, and up 10.84% year-over-year from $0.35 in Q1 2025.

Oaktree Specialty Lending's Debt to Equity history runs 5 years deep, the most recent figure standing at $0.39 for Q1 2026.

  • In Q1 2026, Debt to Equity rose 10.84% year-over-year to $0.39; the TTM figure through Mar 2026 stood at $0.39 (up 10.84% YoY), while the FY2025 annual figure was $0.64, up 2.94% from the prior year.
  • Debt to Equity came in at $0.39 for Q1 2026 at Oaktree Specialty Lending, down from $0.66 in the prior quarter.
  • In the past five years, Debt to Equity ranged from a high of $0.72 in Q4 2022 to a low of $0.35 in Q1 2025.
  • A 5-year average of $0.54 and a median of $0.56 in 2022 frame the typical range for Debt to Equity.
  • Across the five-year window, Debt to Equity surged 33.26% in 2024 and decreased 26.4% in 2025, its largest moves.
  • Oaktree Specialty Lending's Debt to Equity stood at $0.72 in 2022, then fell by 15.61% to $0.6 in 2023, then advanced by 4.85% to $0.63 in 2024, then climbed by 3.94% to $0.66 in 2025, then sank by 40.62% to $0.39 in 2026.
  • According to Business Quant data, Debt to Equity over the past three periods registered $0.39, $0.66, and $0.64 for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 BlackRock 158.51 Bn 148.89 Bn - 0.14
2 Blackstone 92.68 Bn 91.63 Bn - 1.59
3 Kkr 84.94 Bn 132.45 Bn - -
4 Brookfield Asset Management 77.34 Bn 77.68 Bn - 0.29
5 Apollo Global Management 76.27 Bn 95.00 Bn 5.04 Bn -
6 State Street 44.42 Bn 18.75 Bn - -
7 Ameriprise Financial 41.68 Bn 41.55 Bn 4.57 Bn 0.03
8 Northern Trust 31.21 Bn 31.21 Bn - 0.60
9 Ares Management 28.85 Bn 32.22 Bn - -
10 Oaktree Specialty Lending 1.06 Bn 1.01 Bn - 0.39

Historic Data

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DateValue
Mar 31, 2026 0.39
Dec 31, 2025 0.66
Sep 30, 2025 0.64
Jun 30, 2025 0.63
Mar 31, 2025 0.35
Dec 31, 2024 0.63
Sep 30, 2024 0.62
Jun 30, 2024 0.53
Mar 31, 2024 0.48
Dec 31, 2023 0.60
Sep 30, 2023 0.47
Jun 30, 2023 0.40
Mar 31, 2023 0.40
Dec 31, 2022 0.72
Sep 30, 2022 0.56