Saratoga Investment (SAJ) FCF Margin (2023 - 2026)
Saratoga Investment's (SAJ) quarterly FCF Margin came in at 99.85% in Q2 2026, down 22665.0% year-over-year from N/an in Q2 2025, and up 74.58% quarter-over-quarter from 392.84% in Q1 2026.
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Saratoga Investment (SAJ) FCF Margin (2023 - 2026) Analysis & Trends
Saratoga Investment has disclosed FCF Margin across 4 years of filings, most recently posting 99.85% for Q2 2026.
- In Q2 2026, FCF Margin fell 22665.0% year-over-year to 99.85%; the TTM figure through May 2026 stood at 151.43% (down 26774.0% YoY), while the FY2026 annual figure was 91.64%, down 25697.0% from the prior year.
- FCF Margin came in at 99.85% for Q2 2026 at Saratoga Investment, up from 392.84% in the prior quarter.
- In the past five years, FCF Margin ranged from a high of 199.18% in Q3 2024 to a low of 392.84% in Q1 2026.
- Average FCF Margin over 4 years is 33.36%, with a median of 66.73% recorded in 2023.
- Year-over-year, FCF Margin slumped 1329 bps in 2025 and slumped 31064 bps in 2026.
- Over 4 years, FCF Margin stood at 64.55% in 2023, then surged by 409 bps to 199.18% in 2024, then tumbled by 118 bps to 36.8% in 2025, then tumbled by 171 bps to 99.85% in 2026.
- Per Business Quant data, the three most recent FCF Margin figures were 99.85% in Q2 2026, 392.84% in Q1 2026, and 36.8% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Ares Capital | 14.14 Bn | 13.76 Bn | - | 43.75% |
| 2 | Blackstone Secured Lending Fund | 5.70 Bn | 5.44 Bn | - | 175.04% |
| 3 | Blue Owl Capital | 5.54 Bn | 5.30 Bn | - | 136.37% |
| 4 | Main Street Capital | 5.29 Bn | 5.23 Bn | - | 77.93% |
| 5 | Blue Owl Technology Finance | 5.08 Bn | 4.87 Bn | - | -93.69% |
| 6 | Hercules Capital | 4.65 Bn | 4.60 Bn | - | 199.79% |
| 7 | FS KKR Capital | 3.42 Bn | 3.31 Bn | - | 267.59% |
| 8 | Golub Capital Bdc | 3.32 Bn | 3.27 Bn | - | 102.67% |
| 9 | PennantPark Floating Rate Capital | 2.48 Bn | -127.01 Mn | - | 156.24% |
| 10 | Saratoga Investment | 409.08 Mn | 33.71 Mn | - | -99.85% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | -99.85% |
| Feb 28, 2026 | -392.84% |
| Nov 30, 2025 | -36.80% |
| Aug 31, 2025 | -81.45% |
| May 31, 2025 | 126.81% |
| Feb 28, 2025 | -82.19% |
| Aug 31, 2024 | 199.18% |
| May 31, 2024 | 167.00% |
| Feb 29, 2024 | -68.91% |
| Nov 30, 2023 | -64.55% |