Palmer Square Capital BDC (PSBD) Invested Capital (2021 - 2026)
Palmer Square Capital BDC (PSBD) recorded Invested Capital of $1.1 billion in Q2 2026, down 13.1% from $1.27 billion a year earlier and down 1.2% from the prior quarter.
Palmer Square Capital BDC (PSBD) Invested Capital (2021 - 2026) Analysis & Trends
For FY2025, Palmer Square Capital BDC reported Invested Capital of $1.18 billion, down 12.0% from FY2024.
- Annual Invested Capital has a four-year compound annual growth rate of 1.7% (FY2021 to FY2025).
- Across earlier years, Invested Capital came in at $1.34 billion in FY2024 (+21.6%), $1.1 billion in FY2023 (+9.9%), $1 billion in FY2022 (-8.9%) and $1.1 billion in FY2021.
- The Q2 2026 figure is the lowest quarterly Invested Capital since Q3 2023.
- On a year-over-year basis, Invested Capital has declined for six consecutive quarters, with an average decline of 1.4% over the last eight quarters.
- Peak year-over-year performance for Invested Capital in the last five years was growth of 32.8% in Q1 2024, against a decline of 13.5% in Q1 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at $1.12 billion (Q1 2026), $1.18 billion (Q4 2025) and $1.24 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.26 Bn | 28.94 Bn | - | 40.19 Bn |
| 2 | Orix | 42.40 Bn | 42.90 Bn | - | 69.63 Bn |
| 3 | Royalty Pharma | 33.56 Bn | 33.47 Bn | - | 18.75 Bn |
| 4 | Federal National Mortgage Association Fannie Mae | 24.47 Bn | 24.47 Bn | - | - |
| 5 | Affirm Holdings | 23.34 Bn | 17.03 Bn | - | 8.82 Bn |
| 6 | Synchrony Financial | 23.06 Bn | -44.91 Bn | - | 24.41 Bn |
| 7 | Royal Gold | 19.98 Bn | 19.21 Bn | 390.45 Mn | 8.03 Bn |
| 8 | Annaly Capital Management | 14.18 Bn | 5.27 Bn | - | 51.34 Bn |
| 9 | Ares Capital | 13.71 Bn | 11.15 Bn | - | - |
| 10 | Palmer Square Capital BDC | 305.59 Mn | 305.59 Mn | - | 1.10 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.10 Bn |
| Mar 31, 2026 | 1.12 Bn |
| Dec 31, 2025 | 1.18 Bn |
| Sep 30, 2025 | 1.24 Bn |
| Jun 30, 2025 | 1.27 Bn |
| Mar 31, 2025 | 1.29 Bn |
| Dec 31, 2024 | 1.34 Bn |
| Sep 30, 2024 | 1.37 Bn |
| Jun 30, 2024 | 1.37 Bn |
| Mar 31, 2024 | 1.35 Bn |
| Dec 31, 2023 | 1.10 Bn |
| Sep 30, 2023 | 1.08 Bn |
| Jun 30, 2023 | 1.05 Bn |
| Mar 31, 2023 | 1.02 Bn |
| Dec 31, 2022 | 1.00 Bn |
| Sep 30, 2022 | 1.01 Bn |
| Dec 31, 2021 | 1.10 Bn |
Palmer Square Capital BDC Invested Capital 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=invested-capital&ticker=PSBD&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "ticker": "PSBD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=invested-capital&ticker=PSBD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();