Oaktree Specialty Lending OCSL
NASDAQ OCSL
$12.56 -0.10 (-0.83%)
As of: Sep 10, 2026 · 1:16 PM EDT

Oaktree Specialty Lending (OCSL) Net Margin (2021 - 2026)

Oaktree Specialty Lending's (OCSL) quarterly Net Margin came in at 12.07% in Q2 2026, up 79.0% year-over-year from 6.74% in Q2 2025, and down 2.74% quarter-over-quarter from 12.41% in Q1 2026.

Analysis

Oaktree Specialty Lending (OCSL) Net Margin (2021 - 2026) Analysis & Trends

Oaktree Specialty Lending has disclosed Net Margin across 6 years of filings, most recently posting 12.07% for Q2 2026.

  • In Q2 2026, Net Margin rose 79.0% year-over-year to 12.07%; the TTM figure through Jun 2026 stood at 11.92% (down 80.0% YoY), while the FY2025 annual figure was 11.61%, down 55.0% from the prior year.
  • Net Margin came in at 12.07% for Q2 2026 at Oaktree Specialty Lending, down from 12.41% in the prior quarter.
  • In the past five years, Net Margin ranged from a high of 46.95% in Q1 2022 to a low of 11.2% in Q1 2024.
  • Average Net Margin over 5 years is 19.31%, with a median of 14.18% recorded in 2025.
  • Year-over-year, Net Margin tumbled 2624 bps in 2023 and surged 378 bps in 2025.
  • Over 5 years, Net Margin stood at 22.94% in 2022, then tumbled by 47 bps to 12.27% in 2023, then advanced by 29 bps to 15.86% in 2024, then dropped by 16 bps to 13.37% in 2025, then declined by 10 bps to 12.07% in 2026.
  • Per Business Quant data, the three most recent Net Margin figures were 12.07% in Q2 2026, 12.41% in Q1 2026, and 13.37% in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Ares Capital 14.08 Bn 13.70 Bn - 18.88%
2 Blackstone Secured Lending Fund 5.66 Bn 5.39 Bn - 22.69%
3 Blue Owl Capital 5.49 Bn 5.25 Bn - 13.25%
4 Main Street Capital 5.23 Bn 5.18 Bn - 113.52%
5 Blue Owl Technology Finance 4.96 Bn 4.75 Bn - 8.83%
6 Hercules Capital 4.66 Bn 4.61 Bn - 39.56%
7 FS KKR Capital 3.34 Bn 3.23 Bn - -
8 Golub Capital Bdc 3.30 Bn 3.25 Bn - -2.12%
9 PennantPark Floating Rate Capital 2.49 Bn -118.08 Mn - -29.16%
10 Oaktree Specialty Lending 1.11 Bn 1.07 Bn - 12.07%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 12.07%
Mar 31, 2026 12.41%
Dec 31, 2025 13.37%
Jun 30, 2025 11.28%
Mar 31, 2025 14.98%
Dec 31, 2024 15.86%
Jun 30, 2024 11.70%
Mar 31, 2024 11.20%
Dec 31, 2023 12.27%
Jun 30, 2023 19.45%
Mar 31, 2023 20.71%
Dec 31, 2022 22.94%
Jun 30, 2022 45.14%
Mar 31, 2022 46.95%
Dec 31, 2021 35.26%
Sep 30, 2021 -2.17%