Oaktree Specialty Lending (OCSL) Payout Ratio (2021 - 2026)
Oaktree Specialty Lending's (OCSL) quarterly Payout Ratio came in at 3.44 in Q2 2026, down 18.46% year-over-year from 4.22 in Q2 2025, and down 11.76% quarter-over-quarter from 3.9 in Q1 2026.
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Analysis
Oaktree Specialty Lending (OCSL) Payout Ratio (2021 - 2026) Analysis & Trends
Oaktree Specialty Lending has disclosed Payout Ratio across 6 years of filings, most recently posting 3.44 for Q2 2026.
- In Q2 2026, Payout Ratio fell 18.46% year-over-year to 3.44; the TTM figure through Jun 2026 stood at 3.9 (up 3.68% YoY), while the FY2025 annual figure was 4.03, up 5.76% from the prior year.
- Payout Ratio came in at 3.44 for Q2 2026 at Oaktree Specialty Lending, down from 3.9 in the prior quarter.
- In the past five years, Payout Ratio ranged from a high of 4.22 in Q2 2025 to a low of 0.94 in Q1 2022.
- Average Payout Ratio over 5 years is 3.13, with a median of 3.34 recorded in 2025.
- Year-over-year, Payout Ratio surged 185.16% in 2023 and fell 21.29% in 2025.
- Over 5 years, Payout Ratio stood at 3.12 in 2022, then gained by 25.09% to 3.91 in 2023, then retreated by 18.45% to 3.19 in 2024, then grew by 6.54% to 3.39 in 2025, then gained by 1.45% to 3.44 in 2026.
- Per Business Quant data, the three most recent Payout Ratio figures were 3.44 in Q2 2026, 3.9 in Q1 2026, and 3.39 in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Ares Capital | 14.39 Bn | 14.01 Bn | - |
| 2 | Blackstone Secured Lending Fund | 5.76 Bn | 5.49 Bn | - |
| 3 | Blue Owl Capital | 5.62 Bn | 5.38 Bn | - |
| 4 | Main Street Capital | 5.39 Bn | 5.33 Bn | - |
| 5 | Blue Owl Technology Finance | 5.20 Bn | 4.99 Bn | - |
| 6 | Hercules Capital | 4.68 Bn | 4.64 Bn | - |
| 7 | FS KKR Capital | 3.48 Bn | 3.37 Bn | - |
| 8 | Golub Capital Bdc | 3.38 Bn | 3.34 Bn | - |
| 9 | PennantPark Floating Rate Capital | 2.47 Bn | -134.94 Mn | - |
| 10 | Oaktree Specialty Lending | 1.15 Bn | 1.11 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.44 |
| Mar 31, 2026 | 3.90 |
| Dec 31, 2025 | 3.39 |
| Jun 30, 2025 | 4.22 |
| Mar 31, 2025 | 3.29 |
| Dec 31, 2024 | 3.19 |
| Jun 30, 2024 | 3.97 |
| Mar 31, 2024 | 4.18 |
| Dec 31, 2023 | 3.91 |
| Jun 30, 2023 | 2.58 |
| Mar 31, 2023 | 2.69 |
| Dec 31, 2022 | 3.12 |
| Jun 30, 2022 | 1.03 |
| Mar 31, 2022 | 0.94 |
| Dec 31, 2021 | 1.19 |