Palmer Square Capital BDC (PSBD) Interest Coverage Ratio (2021 - 2026)

Palmer Square Capital BDC (PSBD) posted Interest Coverage Ratio of 1.04 for Q1 2026, down 6.2% on a QoQ basis from 1.11 in Q4 2025, and up 8.21% year-over-year from 0.96 in Q1 2025.

Palmer Square Capital BDC (PSBD) Interest Coverage Ratio (2021 - 2026) Analysis & Trends

Palmer Square Capital BDC's Interest Coverage Ratio history runs 6 years deep, the most recent figure standing at 1.04 for Q1 2026.

  • Quarterly Interest Coverage Ratio rose 8.21% year-over-year to 1.04 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 1.08 (up 6.44% YoY) and the FY2025 annual result came in at 1.03, down 4.7% from the prior year.
  • Interest Coverage Ratio was 1.04 for Q1 2026 at Palmer Square Capital BDC, down from 1.11 in the prior quarter.
  • Across five years, Interest Coverage Ratio topped out at 4.49 in Q4 2022 and bottomed at 1.57 in Q2 2022.
  • A 5-year average of 1.27 and a median of 1.11 in 2025 frame the typical range for Interest Coverage Ratio.
  • Annual changes were most pronounced in 2022 — Interest Coverage Ratio plunged 79.31% — and 2023, when it jumped 183.23%.
  • Palmer Square Capital BDC's Interest Coverage Ratio stood at 4.49 in 2022, then slumped by 70.94% to 1.31 in 2023, then retreated by 19.98% to 1.04 in 2024, then increased by 6.4% to 1.11 in 2025, then slipped by 6.2% to 1.04 in 2026.
  • Business Quant data shows PSBD's Interest Coverage Ratio at 1.04 in Q1 2026, 1.11 in Q4 2025, and 1.07 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 Brookfield 1,236.60 Bn 1,311.20 Bn 18.56 Bn -
2 BlackRock 161.01 Bn 148.08 Bn - 21.00
3 Blackstone 97.77 Bn 96.72 Bn - 11.62
4 Apollo Global Management 70.80 Bn 90.38 Bn -409.00 Mn 0.02
5 State Street 51.30 Bn 51.30 Bn - 1.54
6 Ameriprise Financial 48.54 Bn 39.27 Bn 4.57 Bn 6.35
7 Northern Trust 32.93 Bn 32.93 Bn - 1.44
8 Raymond James Financial 32.59 Bn 17.67 Bn - 2.52
9 Price T Rowe 24.70 Bn 21.13 Bn - -
10 Palmer Square Capital BDC 293.79 Mn 293.79 Mn - 1.04

Historic Data

Download Data
DateValue
Mar 31, 2026 1.04
Dec 31, 2025 1.11
Sep 30, 2025 1.07
Jun 30, 2025 1.10
Mar 31, 2025 0.96
Dec 31, 2024 1.04
Sep 30, 2024 1.00
Jun 30, 2024 1.05
Mar 31, 2024 1.13
Dec 31, 2023 1.31
Sep 30, 2023 1.29
Jun 30, 2023 1.31
Mar 31, 2023 1.32
Dec 31, 2022 4.49
Sep 30, 2022 1.49
Jun 30, 2022 -1.57
Mar 31, 2022 2.49
Dec 31, 2021 21.72
Sep 30, 2021 -2.04