Oaktree Specialty Lending (OCSL) Payout Ratio (2022 - 2026)
Oaktree Specialty Lending's Payout Ratio came in at 3.10 for fiscal Q3 2026 (quarter ended Jun 30, 2026), down 9.0% from 3.41 a year earlier but up 13.8% from the prior quarter.
Oaktree Specialty Lending (OCSL) Payout Ratio (2022 - 2026) Analysis & Trends
For FY2025 (ended Sep 30, 2025), Oaktree Specialty Lending's Payout Ratio was 4.37, up 43.1% from FY2024.
- Going back by fiscal year, Payout Ratio was 3.05 in FY2024 (+99.0%), 1.53 in FY2023 (-61.1%), 3.94 in FY2022 and 0.34 in FY2021.
- The five-year range for quarterly Payout Ratio is 1.48 (fiscal Q1 2024) to 48.48 (fiscal Q1 2023).
- Year-over-year, Payout Ratio increased in five of the last seven quarters, with growth averaging 32.6%.
- The fastest year-over-year change in Payout Ratio over five years came in fiscal Q1 2025 (growth of 114.2%), and the weakest in fiscal Q1 2024 (a decline of 96.9%).
- Business Quant data shows OCSL's Payout Ratio at 2.73 (Q2 2026), 4.29 (Q1 2026) and 4.37 (Q4 2025) in the three fiscal quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Rocket Companies | 41.00 Bn | 29.82 Bn | - |
| 2 | Royalty Pharma | 39.88 Bn | 40.21 Bn | - |
| 3 | Orix | 36.75 Bn | 7.39 Bn | 13.83 Bn |
| 4 | Federal National Mortgage Association Fannie Mae | 25.40 Bn | -16,108.71 Bn | - |
| 5 | Royal Gold | 23.20 Bn | 22.41 Bn | 402.46 Mn |
| 6 | Affirm Holdings | 22.35 Bn | 15.40 Bn | - |
| 7 | Synchrony Financial | 22.29 Bn | -45.34 Bn | - |
| 8 | Annaly Capital Management | 14.69 Bn | 5.72 Bn | - |
| 9 | Ares Capital | 14.04 Bn | 11.79 Bn | - |
| 10 | Oaktree Specialty Lending | 1.10 Bn | -5,440.22 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.10 |
| Mar 31, 2026 | 2.73 |
| Dec 31, 2025 | 4.29 |
| Sep 30, 2025 | 4.37 |
| Jun 30, 2025 | 3.41 |
| Mar 31, 2025 | 18.61 |
| Dec 31, 2024 | 3.18 |
| Sep 30, 2024 | 3.05 |
| Jun 30, 2024 | 2.60 |
| Mar 31, 2024 | 1.68 |
| Dec 31, 2023 | 1.48 |
| Sep 30, 2023 | 1.53 |
| Jun 30, 2023 | 2.00 |
| Mar 31, 2023 | 15.64 |
| Dec 31, 2022 | 48.48 |
| Sep 30, 2022 | 3.94 |
Oaktree Specialty Lending Payout Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=payout-ratio&ticker=OCSL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "payout-ratio", "ticker": "OCSL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=payout-ratio&ticker=OCSL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();