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GOLUB CAPITAL BDC, Inc. (GBDC)

As-reported financials and recent SEC filings for GOLUB CAPITAL BDC, Inc., latest fiscal period FY2025. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About GOLUB CAPITAL BDC, Inc.

Golub Capital BDC, Inc. is a closed-end management investment company that primarily invests in senior secured and one stop loans to U.S. middle-market companies, often sponsored by private equity firms. The company focuses on loans that are secured by collateral and typically serves businesses with earnings before interest, taxes, depreciation, and amortization of less than $100 million annually. Its investment adviser, GC Advisors, manages sourcing, research, structuring, and monitoring of these investments.

Snapshot

Revenue
Revenue growth (YoY)
Net income
$376.6M
Diluted EPS
$1.42
Gross margin
Operating margin
Net margin
FCF margin
ROE
9.5%
P/E (TTM)
Market cap
Debt / equity
1.2×

Fundamentals are from SEC filings. P/E and market cap are derived from recent market prices, refreshed on a rolling basis (typically within the past week).

Peer comparison

Where GOLUB CAPITAL BDC’s fundamentals sit among the 52 business development companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

ROE9.5%
77th percentile of 48
Debt / equity1.23×
44th percentile of 33

No open-market insider transactions recorded in the last 90 days. For context, about 16% of companies in the universe saw any open-market insider buying in the same window. Browse insider activity →

Percentiles describe where a figure sits among business development company peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice.

Institutional ownership

Held by 4 quant / multi-strat books among the superinvestors we track; no conviction manager currently reports a position.

Conviction investors
0
+4 quant / multi-strat
Initiated / added
1
0 new, 1 added
Reduced / exited
5
3 trimmed, 2 exited
Combined position
$14.6M
reported long value
InvestorAs ofPosition valueSharesChange
D. E. ShawquantQ1 2026$12.1M953.2KAdded
Two Sigma InvestmentsquantQ1 2026$1.8M142.5KReduced
Citadel AdvisorsquantQ1 2026$386,05430.5KReduced
AQR Capital ManagementquantQ1 2026$322,65925.5KReduced

No longer held by: Millennium Management (as of Q1 2026), Point72 Asset Management (as of Q1 2026)

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023FY2022FY2021
Revenue
Gross profit
Operating income
Net income$376.6M$273.8M$258.6M$153.4M$340.3M
Diluted EPS$1.42$1.36$1.52$0.90$2.03

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full methodology.

Balance sheet (as reported)

 FY2025FY2024FY2023FY2022FY2021
Cash and equivalents$11.9M$123.1M$65.6M$117.3M$175.6M
Current assets
Total assets$8.98B$8.70B$5.73B$5.68B$5.16B
Current liabilities
Long-term debt$4.90B$4.60B$3.12B$3.08B$2.55B
Total liabilities$5.00B$4.69B$3.19B$3.14B$2.58B
Total equity$3.98B$4.01B$2.55B$2.54B$2.58B

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full methodology.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022FY2021
Operating cash flow$-113.6M$343.9M$195.4M$-416.5M$-306.0M
Capital expenditure
Free cash flow

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full methodology.

Quarterly trend (as reported)

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q2 FY2026$-46.8M$-0.18
Q1 FY2026$65.2M$0.25
Q4 FY2025$96.3M$0.36
Q3 FY2025$90.1M$0.34
Q2 FY2025$79.0M$0.30
Q1 FY2025$111.3M$0.42
Q4 FY2024$95.2M$0.36
Q3 FY2024$9.3M$0.05

Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.

Company facts

ExchangeNasdaq
SectorFinancials
Fiscal year endSeptember 30
Latest fiscal periodFY2025
SEC filings since2012
SEC CIK1476765

Recent SEC filings

10-K2025-11-18
View on EDGAR →
10-Q2026-05-04
View on EDGAR →
10-Q2026-02-04
View on EDGAR →
10-Q2025-08-04
View on EDGAR →
8-K2026-07-09
View on EDGAR →
8-K2026-07-07
View on EDGAR →
8-K2026-05-27
View on EDGAR →
8-K2026-05-20
View on EDGAR →

Largest Financials peers

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Data sourced from SEC EDGAR (public domain). Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.