Saratoga Investment SAJ
NYSE SAJ
$25.13 +0.03 (+0.14%)
As of: Sep 8, 2026 · 3:59 PM EDT

Saratoga Investment (SAJ) FCF Payout Ratio (2021 - 2026)

Saratoga Investment's (SAJ) quarterly FCF Payout Ratio came in at 0.42 in Q2 2026, down 180.56% year-over-year from 0.52 in Q2 2025, and down 167.18% quarter-over-quarter from 0.16 in Q1 2026.

Analysis

Saratoga Investment (SAJ) FCF Payout Ratio (2021 - 2026) Analysis & Trends

Saratoga Investment has disclosed FCF Payout Ratio across 6 years of filings, most recently posting 0.42 for Q2 2026.

  • In Q2 2026, FCF Payout Ratio fell 180.56% year-over-year to 0.42; the TTM figure through May 2026 stood at 0.32 (down 188.97% YoY), while the FY2026 annual figure was 0.59, down 388.33% from the prior year.
  • FCF Payout Ratio came in at 0.42 for Q2 2026 at Saratoga Investment, down from 0.16 in the prior quarter.
  • In the past five years, FCF Payout Ratio ranged from a high of 0.52 in Q2 2025 to a low of 1.26 in Q4 2025.
  • Average FCF Payout Ratio over 5 years is 0.26, with a median of 0.16 recorded in 2026.
  • The largest YoY upside for FCF Payout Ratio was 672.49% in 2023 against a maximum downside of 1124.62% in 2023.
  • Over 5 years, FCF Payout Ratio stood at 0.24 in 2022, then slumped by 93.18% to 0.45 in 2023, then surged by 128.21% to 0.13 in 2024, then plunged by 1079.27% to 1.26 in 2025, then surged by 66.87% to 0.42 in 2026.
  • Per Business Quant data, the three most recent FCF Payout Ratio figures were 0.42 in Q2 2026, 0.16 in Q1 2026, and 1.26 in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Cover (Qtr)
1 Ares Capital 14.14 Bn 13.76 Bn - 1.03
2 Blackstone Secured Lending Fund 5.70 Bn 5.44 Bn - 0.30
3 Blue Owl Capital 5.54 Bn 5.30 Bn - 0.34
4 Main Street Capital 5.29 Bn 5.23 Bn - 0.77
5 Blue Owl Technology Finance 5.08 Bn 4.87 Bn - -
6 Hercules Capital 4.65 Bn 4.60 Bn - 0.29
7 FS KKR Capital 3.42 Bn 3.31 Bn - 0.17
8 Golub Capital Bdc 3.32 Bn 3.27 Bn - 0.37
9 PennantPark Floating Rate Capital 2.48 Bn -127.01 Mn - 0.30
10 Saratoga Investment 409.08 Mn 33.71 Mn - -
Historic Data

Historic Data

Download Data
DateValue
May 31, 2026 -0.42
Feb 28, 2026 -0.16
Nov 30, 2025 -1.26
Aug 31, 2025 -0.54
May 31, 2025 0.52
Feb 28, 2025 -0.69
Aug 31, 2024 0.13
May 31, 2024 0.17
Feb 29, 2024 -0.43
Nov 30, 2023 -0.45
Aug 31, 2023 -1.07
May 31, 2023 -0.06
Feb 28, 2023 0.21
Nov 30, 2022 -0.24
Aug 31, 2022 -0.09
May 31, 2022 -0.07
Feb 28, 2022 -0.04
Nov 30, 2021 0.32