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OXSQ vs GAIN vs SLRC
Revenue, margins, valuation, and 5-year total return — side by side.
Asset Management
Asset Management
OXSQ vs GAIN vs SLRC — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | |||
|---|---|---|---|
| Industry | Asset Management | Asset Management | Asset Management |
| Market Cap | $163M | $657M | $745M |
| Revenue (TTM) | $24M | $90M | $220M |
| Net Income (TTM) | $-36M | $130M | $73M |
| Gross Margin | 81.5% | 68.6% | 73.3% |
| Operating Margin | -39.6% | 72.7% | 72.9% |
| Forward P/E | 7.4x | 40.7x | 8.5x |
| Total Debt | $158M | $456M | $1.15B |
| Cash & Equiv. | $52M | $14M | $16M |
OXSQ vs GAIN vs SLRC — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| Oxford Square Capit… (OXSQ) | 100 | 62.4 | -37.6% |
| Gladstone Investmen… (GAIN) | 100 | 148.9 | +48.9% |
| SLR Investment Corp. (SLRC) | 100 | 81.2 | -18.8% |
Price return only. Dividends and distributions are not included.
Quick Verdict: OXSQ vs GAIN vs SLRC
Each card shows where this stock fits in a portfolio — not just who wins on paper.
OXSQ has the current edge in this matchup, primarily because of its strength in income & stability and defensive.
- Dividend streak 1 yrs, beta 0.63, yield 22.0%
- Beta 0.63, yield 22.0%, current ratio 9.07x
- NIM 9.2% vs GAIN's 5.5%
GAIN is the clearest fit if your priority is long-term compounding and sleep-well-at-night.
- 319.3% 10Y total return vs SLRC's 64.4%
- Lower volatility, beta 0.53, Low D/E 91.3%, current ratio 3.69x
- Beta 0.53 vs SLRC's 0.76, lower leverage
SLRC is the clearest fit if your priority is growth exposure.
- Rev growth 24.8%, EPS growth -3.4%
- Efficiency ratio 0.0% vs OXSQ's 1.2% (lower = leaner)
- Efficiency ratio 0.0% vs OXSQ's 1.2%
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 32.0% NII/revenue growth vs GAIN's -12.9% | |
| Value | Lower P/E (7.4x vs 8.5x) | |
| Quality / Margins | Efficiency ratio 0.0% vs OXSQ's 1.2% (lower = leaner) | |
| Stability / Safety | Beta 0.53 vs SLRC's 0.76, lower leverage | |
| Dividends | 22.0% yield, 1-year raise streak, vs GAIN's 10.0% | |
| Momentum (1Y) | +30.8% vs OXSQ's -7.3% | |
| Efficiency (ROA) | Efficiency ratio 0.0% vs OXSQ's 1.2% |
OXSQ vs GAIN vs SLRC — Financial Metrics
Side-by-side numbers across 3 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
GAIN leads this category, winning 3 of 5 comparable metrics.
Income & Cash Flow (Last 12 Months)
SLRC is the larger business by revenue, generating $220M annually — 9.4x OXSQ's $24M. GAIN is the more profitable business, keeping 72.7% of every revenue dollar as net income compared to OXSQ's -79.7%.
| Metric | |||
|---|---|---|---|
| RevenueTrailing 12 months | $24M | $90M | $220M |
| EBITDAEarnings before interest/tax | -$31M | $58M | $73M |
| Net IncomeAfter-tax profit | -$36M | $130M | $73M |
| Free Cash FlowCash after capex | -$14.39T | -$82M | -$73M |
| Gross MarginGross profit ÷ Revenue | +81.5% | +68.6% | +73.3% |
| Operating MarginEBIT ÷ Revenue | -39.6% | +72.7% | +72.9% |
| Net MarginNet income ÷ Revenue | -79.7% | +72.7% | +42.0% |
| FCF MarginFCF ÷ Revenue | +78.0% | +126.8% | -32.7% |
| Rev. Growth (YoY)Latest quarter vs prior year | — | — | — |
| EPS Growth (YoY)Latest quarter vs prior year | -141.7% | +58.1% | -100.0% |
Valuation Metrics
SLRC leads this category, winning 3 of 6 comparable metrics.
Valuation Metrics
At 8.0x trailing earnings, SLRC trades at a 13% valuation discount to GAIN's 9.3x P/E. On an enterprise value basis, SLRC's 11.5x EV/EBITDA is more attractive than GAIN's 16.8x.
| Metric | |||
|---|---|---|---|
| Market CapShares × price | $163M | $657M | $745M |
| Enterprise ValueMkt cap + debt − cash | $268M | $1.1B | $1.9B |
| Trailing P/EPrice ÷ TTM EPS | -7.44x | 9.28x | 8.04x |
| Forward P/EPrice ÷ next-FY EPS est. | 7.44x | 40.66x | 8.48x |
| PEG RatioP/E ÷ EPS growth rate | — | — | 0.23x |
| EV / EBITDAEnterprise value multiple | — | 16.82x | 11.47x |
| Price / SalesMarket cap ÷ Revenue | 6.92x | 7.31x | 3.39x |
| Price / BookPrice ÷ Book value/share | 0.98x | 1.22x | 0.75x |
| Price / FCFMarket cap ÷ FCF | 8.88x | 5.77x | — |
Profitability & Efficiency
GAIN leads this category, winning 4 of 9 comparable metrics.
Profitability & Efficiency
GAIN delivers a 21.9% return on equity — every $100 of shareholder capital generates $22 in annual profit, vs $-25 for OXSQ. GAIN carries lower financial leverage with a 0.91x debt-to-equity ratio, signaling a more conservative balance sheet compared to SLRC's 1.15x. On the Piotroski fundamental quality scale (0–9), OXSQ scores 5/9 vs SLRC's 3/9, reflecting solid financial health.
| Metric | |||
|---|---|---|---|
| ROE (TTM)Return on equity | -24.7% | +21.9% | +7.3% |
| ROA (TTM)Return on assets | -12.3% | +10.5% | +2.9% |
| ROICReturn on invested capital | -2.4% | +5.3% | +5.8% |
| ROCEReturn on capital employed | -3.2% | +6.8% | +7.1% |
| Piotroski ScoreFundamental quality 0–9 | 5 | 4 | 3 |
| Debt / EquityFinancial leverage | 1.08x | 0.91x | 1.15x |
| Net DebtTotal debt minus cash | $106M | $441M | $1.1B |
| Cash & Equiv.Liquid assets | $52M | $14M | $16M |
| Total DebtShort + long-term debt | $158M | $456M | $1.1B |
| Interest CoverageEBIT ÷ Interest expense | -3.03x | 1.58x | 1.06x |
Total Returns (Dividends Reinvested)
GAIN leads this category, winning 6 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in GAIN five years ago would be worth $17,205 today (with dividends reinvested), compared to $8,160 for OXSQ. Over the past 12 months, GAIN leads with a +30.8% total return vs OXSQ's -7.3%. The 3-year compound annual growth rate (CAGR) favors GAIN at 16.1% vs OXSQ's 1.5% — a key indicator of consistent wealth creation.
| Metric | |||
|---|---|---|---|
| YTD ReturnYear-to-date | +14.3% | +20.7% | -8.8% |
| 1-Year ReturnPast 12 months | -7.3% | +30.8% | -1.0% |
| 3-Year ReturnCumulative with dividends | +4.5% | +56.5% | +31.0% |
| 5-Year ReturnCumulative with dividends | -18.4% | +72.0% | +16.2% |
| 10-Year ReturnCumulative with dividends | +60.8% | +319.3% | +64.4% |
| CAGR (3Y)Annualised 3-year return | +1.5% | +16.1% | +9.4% |
Risk & Volatility
GAIN leads this category, winning 2 of 2 comparable metrics.
Risk & Volatility
GAIN is the less volatile stock with a 0.53 beta — it tends to amplify market swings less than SLRC's 0.76 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. GAIN currently trades 96.3% from its 52-week high vs OXSQ's 74.4% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | |||
|---|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 0.63x | 0.53x | 0.76x |
| 52-Week HighHighest price in past year | $2.50 | $17.14 | $17.20 |
| 52-Week LowLowest price in past year | $1.56 | $13.11 | $13.41 |
| % of 52W HighCurrent price vs 52-week peak | +74.4% | +96.3% | +79.4% |
| RSI (14)Momentum oscillator 0–100 | 53.0 | 69.9 | 33.0 |
| Avg Volume (50D)Average daily shares traded | 1.3M | 371K | 404K |
Analyst Outlook
OXSQ leads this category, winning 2 of 2 comparable metrics.
Analyst Outlook
Analyst consensus: OXSQ as "Hold", GAIN as "Hold", SLRC as "Buy". Consensus price targets imply 19.0% upside for SLRC (target: $16) vs -9.1% for GAIN (target: $15). For income investors, OXSQ offers the higher dividend yield at 22.03% vs GAIN's 10.05%.
| Metric | |||
|---|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Hold | Hold | Buy |
| Price TargetConsensus 12-month target | — | $15.00 | $16.25 |
| # AnalystsCovering analysts | 6 | 7 | 15 |
| Dividend YieldAnnual dividend ÷ price | +22.0% | +10.0% | +12.0% |
| Dividend StreakConsecutive years of raises | 1 | 0 | 0 |
| Dividend / ShareAnnual DPS | $0.41 | $1.66 | $1.64 |
| Buyback YieldShare repurchases ÷ mkt cap | 0.0% | 0.0% | 0.0% |
GAIN leads in 4 of 6 categories (Income & Cash Flow, Profitability & Efficiency). SLRC leads in 1 (Valuation Metrics).
OXSQ vs GAIN vs SLRC: Key Questions Answered
10 questions · data-driven answers · updated daily
01Is OXSQ or GAIN or SLRC a better buy right now?
For growth investors, Oxford Square Capital Corp.
(OXSQ) is the stronger pick with 32. 0% revenue growth year-over-year, versus -12. 9% for Gladstone Investment Corporation (GAIN). SLR Investment Corp. (SLRC) offers the better valuation at 8. 0x trailing P/E (8. 5x forward), making it the more compelling value choice. Analysts rate SLR Investment Corp. (SLRC) a "Buy" — based on 15 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which has the better valuation — OXSQ or GAIN or SLRC?
On trailing P/E, SLR Investment Corp.
(SLRC) is the cheapest at 8. 0x versus Gladstone Investment Corporation at 9. 3x. On forward P/E, Oxford Square Capital Corp. is actually cheaper at 7. 4x — notably different from the trailing picture, reflecting expected earnings growth.
03Which is the better long-term investment — OXSQ or GAIN or SLRC?
Over the past 5 years, Gladstone Investment Corporation (GAIN) delivered a total return of +72.
0%, compared to -18. 4% for Oxford Square Capital Corp. (OXSQ). Over 10 years, the gap is even starker: GAIN returned +319. 3% versus OXSQ's +60. 8%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — OXSQ or GAIN or SLRC?
By beta (market sensitivity over 5 years), Gladstone Investment Corporation (GAIN) is the lower-risk stock at 0.
53β versus SLR Investment Corp. 's 0. 76β — meaning SLRC is approximately 43% more volatile than GAIN relative to the S&P 500. On balance sheet safety, Gladstone Investment Corporation (GAIN) carries a lower debt/equity ratio of 91% versus 115% for SLR Investment Corp. — giving it more financial flexibility in a downturn.
05Which is growing faster — OXSQ or GAIN or SLRC?
By revenue growth (latest reported year), Oxford Square Capital Corp.
(OXSQ) is pulling ahead at 32. 0% versus -12. 9% for Gladstone Investment Corporation (GAIN). On earnings-per-share growth, the picture is similar: SLR Investment Corp. grew EPS -3. 4% year-over-year, compared to -370. 0% for Oxford Square Capital Corp.. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
06Which has better profit margins — OXSQ or GAIN or SLRC?
Gladstone Investment Corporation (GAIN) is the more profitable company, earning 72.
7% net margin versus -79. 7% for Oxford Square Capital Corp. — meaning it keeps 72. 7% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: SLRC leads at 72. 9% versus -39. 6% for OXSQ. At the gross margin level — before operating expenses — OXSQ leads at 81. 5%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
07Is OXSQ or GAIN or SLRC more undervalued right now?
On forward earnings alone, Oxford Square Capital Corp.
(OXSQ) trades at 7. 4x forward P/E versus 40. 7x for Gladstone Investment Corporation — 33. 2x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for SLRC: 19. 0% to $16. 25.
08Which pays a better dividend — OXSQ or GAIN or SLRC?
All stocks in this comparison pay dividends.
Oxford Square Capital Corp. (OXSQ) offers the highest yield at 22. 0%, versus 10. 0% for Gladstone Investment Corporation (GAIN).
09Is OXSQ or GAIN or SLRC better for a retirement portfolio?
For long-horizon retirement investors, Gladstone Investment Corporation (GAIN) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0.
53), 10. 0% yield, +319. 3% 10Y return). Both have compounded well over 10 years (GAIN: +319. 3%, SLRC: +64. 4%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
10What are the main differences between OXSQ and GAIN and SLRC?
Both stocks operate in the Financial Services sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
In terms of investment character: OXSQ is a small-cap high-growth stock; GAIN is a small-cap deep-value stock; SLRC is a small-cap high-growth stock. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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