Oaktree Specialty Lending (OCSL) Debt to Equity (2022 - 2026)
Oaktree Specialty Lending's (OCSL) quarterly Debt to Equity came in at $0.39 in Q1 2026, up 10.84% year-on-year from $0.35 in Q1 2025, and down 40.62% quarter-over-quarter from $0.66 in Q4 2025.
Oaktree Specialty Lending (OCSL) Debt to Equity (2022 - 2026) Analysis & Trends
Oaktree Specialty Lending has disclosed Debt to Equity across 5 years of filings, most recently posting $0.39 for Q1 2026.
- Debt to Equity for Q1 2026 came in at $0.39, up 10.84% year-over-year; the trailing twelve-month figure through Mar 2026 was $0.39 (up 10.84% YoY), and the FY2025 annual result 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.
- The 5-year median for Debt to Equity is $0.56 (2022), against an average of $0.54.
- Across the five-year window, Debt to Equity jumped 33.26% in 2024 and retreated 26.4% in 2025, its largest moves.
- Oaktree Specialty Lending's Debt to Equity stood at $0.72 in 2022, then declined by 15.61% to $0.6 in 2023, then gained by 4.85% to $0.63 in 2024, then advanced by 3.94% to $0.66 in 2025, then slumped by 40.62% to $0.39 in 2026.
- The last three Debt to Equity figures came in at $0.39 (Q1 2026), $0.66 (Q4 2025), and $0.64 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 160.20 Bn | 150.57 Bn | - | 0.14 |
| 2 | Blackstone | 96.40 Bn | 95.35 Bn | - | 1.59 |
| 3 | Kkr | 85.87 Bn | 133.39 Bn | - | - |
| 4 | Apollo Global Management | 79.90 Bn | 98.63 Bn | 5.04 Bn | - |
| 5 | State Street | 46.62 Bn | 20.95 Bn | - | - |
| 6 | Ameriprise Financial | 42.78 Bn | 42.65 Bn | 4.57 Bn | 0.03 |
| 7 | Northern Trust | 32.35 Bn | 32.35 Bn | - | 0.60 |
| 8 | Ares Management | 30.25 Bn | 33.62 Bn | - | - |
| 9 | Raymond James Financial | 30.24 Bn | 18.99 Bn | - | 0.28 |
| 10 | Oaktree Specialty Lending | 1.07 Bn | 1.01 Bn | - | 0.39 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |