Oaktree Specialty Lending (OCSL) Net Margin (2021 - 2026)
Oaktree Specialty Lending recorded quarterly Net Margin of 12.41% in Q1 2026, down 7.2% quarter-over-quarter from 13.37% in Q4 2025, and down 159.0% year-over-year from 21.04% in Q1 2025.
Oaktree Specialty Lending's Net Margin history runs 6 years deep, the most recent figure standing at 12.41% for Q1 2026.
- In Q1 2026, Net Margin fell 159.0% year-over-year to 12.41%; the TTM figure through Mar 2026 stood at 10.39% (down 361.0% YoY), while the FY2025 annual figure was 11.61%, down 55.0% from the prior year.
- Net Margin came in at 12.41% for Q1 2026 at Oaktree Specialty Lending, down from 13.37% 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 3.22% in Q2 2025.
- A 5-year average of 18.52% and a median of 14.01% in 2025 frame the typical range for Net Margin.
- Across the five-year window, Net Margin surged 3083 bps in 2022 and sank 2808 bps in 2023, its largest moves.
- Oaktree Specialty Lending's Net Margin stood at 22.94% in 2022, then plunged by 47 bps to 12.27% in 2023, then climbed by 29 bps to 15.86% in 2024, then declined by 16 bps to 13.37% in 2025, then declined by 7 bps to 12.41% in 2026.
- According to Business Quant data, Net Margin over the past three periods registered 12.41%, 13.37%, and 12.64% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 158.51 Bn | 148.89 Bn | - | 34.73% |
| 2 | Blackstone | 92.68 Bn | 91.63 Bn | - | 34.77% |
| 3 | Kkr | 84.94 Bn | 132.45 Bn | - | 8.45% |
| 4 | Brookfield Asset Management | 77.34 Bn | 77.68 Bn | - | 46.11% |
| 5 | Apollo Global Management | 76.27 Bn | 95.00 Bn | 5.04 Bn | -38.15% |
| 6 | State Street | 44.42 Bn | 18.75 Bn | - | 18.57% |
| 7 | Ameriprise Financial | 41.68 Bn | 41.55 Bn | 4.57 Bn | 18.73% |
| 8 | Northern Trust | 31.21 Bn | 31.21 Bn | - | 37.97% |
| 9 | Ares Management | 28.85 Bn | 32.22 Bn | - | 8.40% |
| 10 | Oaktree Specialty Lending | 1.06 Bn | 1.01 Bn | - | 12.41% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 12.41% |
| Dec 31, 2025 | 13.37% |
| Sep 30, 2025 | 12.64% |
| Jun 30, 2025 | 3.22% |
| Mar 31, 2025 | 14.01% |
| Dec 31, 2024 | 15.86% |
| Sep 30, 2024 | 13.59% |
| Jun 30, 2024 | 12.70% |
| Mar 31, 2024 | 10.09% |
| Dec 31, 2023 | 12.27% |
| Sep 30, 2023 | 14.89% |
| Jun 30, 2023 | 17.29% |
| Mar 31, 2023 | 18.87% |
| Dec 31, 2022 | 22.94% |
| Sep 30, 2022 | 28.67% |
| Jun 30, 2022 | 45.14% |
| Mar 31, 2022 | 46.95% |
| Dec 31, 2021 | 35.27% |
| Sep 30, 2021 | -2.17% |