Growth Metrics

Palmer Square Capital BDC (PSBD) Operating Margin (2023 - 2026)

Palmer Square Capital BDC posted quarterly Operating Margin of 42.1% for Q1 2026, up 73.0% year-on-year from 24.33% in Q1 2025, and down 3.94% on a QoQ basis from 43.82% in Q4 2025.

Palmer Square Capital BDC (PSBD) has 4 years of Operating Margin data on file, last reported at 42.1% in Q1 2026.

  • For the quarter ending Q1 2026, Operating Margin rose 73.0% year-over-year to 42.1%; the trailing twelve-month figure through Mar 2026 stood at 43.21% (up 91.0% YoY), and the FY2025 full-year result was 42.98%, down 64.0% from the prior year.
  • Operating Margin for Q1 2026 stood at 42.1%, down from 43.82% in the prior quarter.
  • Across five years, Operating Margin topped out at 51.91% in Q1 2023 and bottomed at 41.37% in Q1 2025.
  • The 4-year median for Operating Margin is 43.7% (2025), against an average of 45.8%.
  • The widest annual swing landed in 2024, when Operating Margin tumbled 929 bps; it then jumped 140 bps in 2025.
  • A 4-year view of Operating Margin shows it stood at 51.61% in 2023, then slipped by 18 bps to 42.43% in 2024, then advanced by 3 bps to 43.82% in 2025, then declined by 4 bps to 42.1% in 2026.
  • The last three Operating Margin figures came in at 42.1% (Q1 2026), 43.82% (Q4 2025), and 43.05% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 BlackRock 158.51 Bn 148.89 Bn - 42.01%
2 Blackstone 92.68 Bn 91.63 Bn - -
3 Kkr 84.94 Bn 132.45 Bn - 46.06%
4 Brookfield Asset Management 77.34 Bn 77.68 Bn - -
5 Apollo Global Management 76.27 Bn 95.00 Bn 5.04 Bn 1.56%
6 State Street 44.42 Bn 18.75 Bn - -
7 Ameriprise Financial 41.68 Bn 41.55 Bn 4.57 Bn 18.44%
8 Northern Trust 31.21 Bn 31.21 Bn - -
9 Ares Management 28.85 Bn 32.22 Bn - -
10 Palmer Square Capital BDC 338.08 Mn 336.59 Mn - 42.10%

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 42.10%
Dec 31, 2025 43.82%
Sep 30, 2025 43.05%
Jun 30, 2025 43.70%
Mar 31, 2025 41.37%
Dec 31, 2024 42.43%
Sep 30, 2024 42.16%
Jun 30, 2024 43.11%
Mar 31, 2024 46.91%
Dec 31, 2023 51.61%
Sep 30, 2023 51.45%
Jun 30, 2023 51.75%
Mar 31, 2023 51.91%