Saratoga Investment (SAJ) Invested Capital (2021 - 2026)
Saratoga Investment's (SAJ) quarterly Invested Capital came in at $994.1 million in Q2 2026, up 55.96% year-over-year from $637.4 million in Q2 2025, and up 80.36% quarter-over-quarter from $551.2 million in Q1 2026.
Analysis
Saratoga Investment (SAJ) Invested Capital (2021 - 2026) Analysis & Trends
Saratoga Investment has disclosed Invested Capital across 6 years of filings, most recently posting $994.1 million for Q2 2026.
- In Q2 2026, Invested Capital rose 55.96% year-over-year to $994.1 million; the TTM figure through May 2026 stood at $994.1 million (up 55.96% YoY), while the FY2026 annual figure was $551.2 million, down 36.66% from the prior year.
- Invested Capital came in at $994.1 million for Q2 2026 at Saratoga Investment, up from $551.2 million in the prior quarter.
- In the past five years, Invested Capital ranged from a high of $994.1 million in Q2 2026 to a low of $368.3 million in Q1 2022.
- Average Invested Capital over 5 years is $578.0 million, with a median of $518.7 million recorded in 2023.
- Year-over-year, Invested Capital surged 113.28% in 2025 and slumped 36.66% in 2026.
- Over 5 years, Invested Capital stood at $560.8 million in 2022, then declined by 8.88% to $511.0 million in 2023, then fell by 16.91% to $424.6 million in 2024, then jumped by 31.48% to $558.2 million in 2025, then soared by 78.08% to $994.1 million in 2026.
- Per Business Quant data, the three most recent Invested Capital figures were $994.1 million in Q2 2026, $551.2 million in Q1 2026, and $558.2 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Ares Capital | 14.14 Bn | 13.76 Bn | - | 29.66 Bn |
| 2 | Blackstone Secured Lending Fund | 5.70 Bn | 5.44 Bn | - | 13.47 Bn |
| 3 | Blue Owl Capital | 5.54 Bn | 5.30 Bn | - | 14.94 Bn |
| 4 | Main Street Capital | 5.29 Bn | 5.23 Bn | - | 5.70 Bn |
| 5 | Blue Owl Technology Finance | 5.08 Bn | 4.87 Bn | - | 14.70 Bn |
| 6 | Hercules Capital | 4.65 Bn | 4.60 Bn | - | 4.61 Bn |
| 7 | FS KKR Capital | 3.42 Bn | 3.31 Bn | - | 11.59 Bn |
| 8 | Golub Capital Bdc | 3.32 Bn | 3.27 Bn | - | 8.24 Bn |
| 9 | PennantPark Floating Rate Capital | 2.48 Bn | -127.01 Mn | - | 1.65 Bn |
| 10 | Saratoga Investment | 409.08 Mn | 33.71 Mn | - | 994.05 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 994.05 Mn |
| Feb 28, 2026 | 551.16 Mn |
| Nov 30, 2025 | 558.21 Mn |
| Aug 31, 2025 | 905.50 Mn |
| May 31, 2025 | 637.37 Mn |
| Feb 28, 2025 | 870.17 Mn |
| Aug 31, 2024 | 424.55 Mn |
| May 31, 2024 | 483.59 Mn |
| Feb 29, 2024 | 523.02 Mn |
| Nov 30, 2023 | 510.96 Mn |
| Aug 31, 2023 | 514.38 Mn |
| May 31, 2023 | 400.95 Mn |
| Feb 28, 2023 | 507.56 Mn |
| Nov 30, 2022 | 560.76 Mn |
| Aug 31, 2022 | 437.51 Mn |
| Feb 28, 2022 | 368.28 Mn |
| Aug 31, 2021 | 333.51 Mn |
| Feb 28, 2021 | 365.99 Mn |