Oaktree Specialty Lending (OCSL) Operating Margin (2021 - 2025)
Oaktree Specialty Lending (OCSL) has disclosed Operating Margin for 5 consecutive years, with 48.9% as the latest value for Q4 2025.
- Quarterly Operating Margin fell 254.0% to 48.9% in Q4 2025 from the year-ago period, while the trailing twelve-month figure was 47.72% through Dec 2025, up 35.0% year-over-year, with the annual reading at 48.45% for FY2025, 259.0% up from the prior year.
- Operating Margin hit 48.9% in Q4 2025 for Oaktree Specialty Lending, up from 46.65% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 63.94% in Q2 2022 to a low of 35.63% in Q3 2021.
- Historically, Operating Margin has averaged 49.14% across 5 years, with a median of 47.63% in 2023.
- Biggest five-year swings in Operating Margin: surged 1549bps in 2022 and later crashed -1643bps in 2023.
- Year by year, Operating Margin stood at 54.82% in 2021, then decreased by -10bps to 49.11% in 2022, then decreased by -8bps to 45.1% in 2023, then rose by 14bps to 51.43% in 2024, then decreased by -5bps to 48.9% in 2025.
- Business Quant data shows Operating Margin for OCSL at 48.9% in Q4 2025, 46.65% in Q3 2025, and 44.56% in Q2 2025.