Palmer Square Capital BDC (PSBD) Total Debt (2021 - 2026)
Palmer Square Capital BDC's (PSBD) quarterly Total Debt came in at $696.5 million in Q2 2026, down 8.74% on a YoY basis from $763.2 million in Q2 2025, and down 0.83% quarter-over-quarter from $702.3 million in Q1 2026.
Analysis
Palmer Square Capital BDC (PSBD) Total Debt (2021 - 2026) Analysis & Trends
Palmer Square Capital BDC (PSBD) has reported Total Debt for 6 consecutive years, with $696.5 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Total Debt fell 8.74% year-over-year to $696.5 million; the trailing twelve-month figure through Jun 2026 stood at $696.5 million (down 8.74% YoY), and the FY2025 full-year result was $716.5 million, down 10.9% from the prior year.
- Total Debt eased to $696.5 million in Q2 2026 per PSBD's latest filing, from $702.3 million in the prior quarter.
- Across five years, Total Debt topped out at $1.2 billion in Q4 2022 and bottomed at $616.4 million in Q1 2023.
- Historically, Total Debt has averaged $790.6 million across 5 years, with a median of $780.0 million in 2023.
- The sharpest annual moves came in 2023 and 2024: Total Debt retreated 29.33% in 2023, then grew 29.0% in 2024.
- Over 5 years, Total Debt stood at $1.2 billion in 2022, then declined by 29.33% to $816.8 million in 2023, then fell by 1.55% to $804.2 million in 2024, then decreased by 10.9% to $716.5 million in 2025, then fell by 2.79% to $696.5 million in 2026.
- According to Business Quant data, Total Debt over the past three periods registered $696.5 million, $702.3 million, and $716.5 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Ares Capital | 14.08 Bn | 13.70 Bn | - | 15.77 Bn |
| 2 | Blackstone Secured Lending Fund | 5.63 Bn | 5.37 Bn | - | 7.54 Bn |
| 3 | Blue Owl Capital | 5.47 Bn | 5.23 Bn | - | 7.90 Bn |
| 4 | Main Street Capital | 5.21 Bn | 5.16 Bn | - | 2.53 Bn |
| 5 | Blue Owl Technology Finance | 4.92 Bn | 4.71 Bn | - | 7.16 Bn |
| 6 | Hercules Capital | 4.66 Bn | 4.61 Bn | - | 2.34 Bn |
| 7 | FS KKR Capital | 3.33 Bn | 3.22 Bn | - | 6.47 Bn |
| 8 | Golub Capital Bdc | 3.30 Bn | 3.25 Bn | - | 4.54 Bn |
| 9 | PennantPark Floating Rate Capital | 2.49 Bn | -118.08 Mn | - | 636.61 Mn |
| 10 | Palmer Square Capital BDC | 314.66 Mn | 314.66 Mn | - | 696.49 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 696.49 Mn |
| Mar 31, 2026 | 702.31 Mn |
| Dec 31, 2025 | 716.51 Mn |
| Sep 30, 2025 | 752.35 Mn |
| Jun 30, 2025 | 763.22 Mn |
| Mar 31, 2025 | 774.45 Mn |
| Dec 31, 2024 | 804.16 Mn |
| Sep 30, 2024 | 824.41 Mn |
| Jun 30, 2024 | 820.39 Mn |
| Mar 31, 2024 | 795.18 Mn |
| Dec 31, 2023 | 816.83 Mn |
| Sep 30, 2023 | 782.55 Mn |
| Jun 30, 2023 | 777.37 Mn |
| Mar 31, 2023 | 616.41 Mn |
| Dec 31, 2022 | 1.16 Bn |
| Sep 30, 2022 | 851.10 Mn |
| Dec 31, 2021 | 1.37 Bn |