Saratoga Investment (SAJ) EBT Margin (2023 - 2026)
Saratoga Investment's (SAJ) quarterly EBT Margin came in at 95.05% in Q2 2026, down 2279.0% year-over-year from 4.36% in Q2 2025, and up 122.51% quarter-over-quarter from 422.35% in Q1 2026.
Analysis
Saratoga Investment (SAJ) EBT Margin (2023 - 2026) Analysis & Trends
Saratoga Investment has disclosed EBT Margin across 4 years of filings, most recently posting 95.05% for Q2 2026.
- In Q2 2026, EBT Margin fell 2279.0% year-over-year to 95.05%; the TTM figure through May 2026 stood at 18.41% (down 16903.0% YoY), while the FY2026 annual figure was 13.01%, down 13839.0% from the prior year.
- EBT Margin came in at 95.05% for Q2 2026 at Saratoga Investment, up from 422.35% in the prior quarter.
- In the past five years, EBT Margin ranged from a high of 403.99% in Q1 2025 to a low of 422.35% in Q1 2026.
- Average EBT Margin over 4 years is 95.62%, with a median of 125.64% recorded in 2024.
- Year-over-year, EBT Margin soared 27901 bps in 2025 and sank 82634 bps in 2026.
- Over 4 years, EBT Margin stood at 132.16% in 2023, then gained by 2 bps to 134.58% in 2024, then retreated by 6 bps to 126.3% in 2025, then dropped by 25 bps to 95.05% in 2026.
- Per Business Quant data, the three most recent EBT Margin figures were 95.05% in Q2 2026, 422.35% in Q1 2026, and 126.3% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Ares Capital | 14.14 Bn | 13.76 Bn | - | 19.92% |
| 2 | Blackstone Secured Lending Fund | 5.70 Bn | 5.44 Bn | - | 24.07% |
| 3 | Blue Owl Capital | 5.54 Bn | 5.30 Bn | - | 13.43% |
| 4 | Main Street Capital | 5.29 Bn | 5.23 Bn | - | 113.52% |
| 5 | Blue Owl Technology Finance | 5.08 Bn | 4.87 Bn | - | 8.96% |
| 6 | Hercules Capital | 4.65 Bn | 4.60 Bn | - | 41.43% |
| 7 | FS KKR Capital | 3.42 Bn | 3.31 Bn | - | - |
| 8 | Golub Capital Bdc | 3.32 Bn | 3.27 Bn | - | -2.12% |
| 9 | PennantPark Floating Rate Capital | 2.48 Bn | -127.01 Mn | - | -29.09% |
| 10 | Saratoga Investment | 409.08 Mn | 33.71 Mn | - | 95.05% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 95.05% |
| Feb 28, 2026 | -422.35% |
| Nov 30, 2025 | 126.30% |
| Aug 31, 2025 | 115.35% |
| May 31, 2025 | 117.84% |
| Feb 28, 2025 | 403.99% |
| Aug 31, 2024 | 134.58% |
| May 31, 2024 | 128.27% |
| Feb 29, 2024 | 124.97% |
| Nov 30, 2023 | 132.16% |