8-K Announcements
6Apr 14, 2026·SEC
Mar 17, 2026·SEC
Mar 2, 2026·SEC
Goldman Sachs BDC, Inc. (GSBD) fundamental analysis — strengths, weaknesses & financial health based on data analysis
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
Goldman Sachs BDC, Inc. (GSBD) stock price & volume — 10-year historical chart
Goldman Sachs BDC, Inc. (GSBD) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Goldman Sachs BDC, Inc. (GSBD) EPS & revenue vs analyst estimates — last 4 quarters
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q1 2026Latest | Feb 26, 2026 | $0.37vs $0.36+2.8% | $86Mvs $87M-0.9% |
| Q4 2025 | Nov 6, 2025 | $0.40vs $0.37+8.1% | $56Mvs $87M-36.0% |
| Q3 2025 | Aug 7, 2025 | $0.38vs $0.40-5.0% | $10Mvs $93M-89.5% |
| Q2 2025 | May 8, 2025 | $0.41vs $0.43-4.7% | $97Mvs $101M-4.1% |
Goldman Sachs BDC, Inc. (GSBD) competitors in Private credit and BDC lenders — business model, growth, and fundamentals comparison
Goldman Sachs BDC, Inc. (GSBD) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Goldman Sachs BDC, Inc. (GSBD) annual income statement — 10-year revenue, gross profit & net income history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Interest Income | 95.66M | 98.91M | 100.27M | 122.87M | 267.04M | 251.43M | 305.69M | 264.39M | 249.67M | 166.61M |
| NII Growth % | -0.66% | 3.4% | 1.38% | 22.54% | 117.33% | -5.85% | 21.58% | -13.51% | -5.57% | -141.32% |
| Net Interest Margin % | 7.37% | 7.08% | 6.8% | 3.71% | 7.52% | 7% | 8.68% | 7.34% | 7.38% | 4.98% |
| Interest Income | 115.26M | 125.14M | 136.59M | 162.77M | 326.03M | 330.89M | 417M | 378.11M | 361.23M | 318.97M |
| Interest Expense | 19.61M | 26.23M | 36.31M | 39.9M | 58.99M | 79.46M | 111.3M | 113.72M | 111.56M | 113.29M |
| Loan Loss Provision | 0 | 0 | 0 | 0 | 0 | 0 | -111.3M | 0 | -51.88M | -46.77M |
| Non-Interest Income | -39.53M | -36.81M | -56.99M | 23.72M | -96.95M | -194.79M | 37.92M | -185.68M | -118.78M | -32.27M |
| Non-Interest Income % | -52.2% | -41.67% | -71.59% | 12.72% | -42.32% | -143.12% | 8.33% | -96.5% | -48.99% | -11.26% |
| Total Revenue | 75.73M▲ 0% | 88.34M▲ 16.6% | 79.6M▼ 9.9% | 186.49M▲ 134.3% | 229.08M▲ 22.8% | 136.1M▼ 40.6% | 454.91M▲ 234.2% | 192.43M▼ 57.7% | 242.45M▲ 26.0% | 286.69M▲ 0% |
| Revenue Growth % | 21.96% | 16.64% | -9.89% | 134.28% | 22.84% | -40.59% | 234.24% | -57.7% | 26% | 397.67% |
| Non-Interest Expense | 5.03M | 6.12M | 5.49M | -30.96M | -23.97M | -3.06M | 91.53M | 10.36M | -55.69M | 23.65M |
| Efficiency Ratio | 6.64% | 6.93% | 6.9% | -16.6% | -10.47% | -2.24% | 20.12% | 5.38% | -22.97% | 8.25% |
| Operating Income | 51.1M▲ 0% | 55.98M▲ 9.6% | 37.79M▼ 32.5% | 177.55M▲ 369.8% | 194.07M▲ 9.3% | 59.7M▼ 69.2% | 363.38M▲ 508.7% | 68.35M▼ 81.2% | 238.47M▲ 248.9% | 119.86M▲ 0% |
| Operating Margin % | 67.47% | 63.37% | 47.48% | 95.2% | 84.72% | 43.86% | 79.88% | 35.52% | 98.36% | 41.81% |
| Operating Income Growth % | 22.57% | 9.55% | -32.49% | 369.77% | 9.3% | -69.24% | 508.74% | -81.19% | 248.9% | - |
| Pretax Income | 51.1M▲ 0% | 55.98M▲ 9.6% | 37.79M▼ 32.5% | 177.55M▲ 369.8% | 194.07M▲ 9.3% | 59.7M▼ 69.2% | 201.35M▲ 237.3% | 68.35M▼ 66.1% | 123.37M▲ 80.5% | 116.19M▲ 0% |
| Pretax Margin % | 67.47% | 63.37% | 47.48% | 95.2% | 84.72% | 43.86% | 44.26% | 35.52% | 50.89% | 40.53% |
| Income Tax | 1.55M | 2.3M | 1.65M | 1.43M | 1.64M | 4.69M | 5.48M | 5.48M | 4.11M | 3.69M |
| Effective Tax Rate % | 3.04% | 4.12% | 4.36% | 0.81% | 0.84% | 7.86% | 2.72% | 8.02% | 3.33% | 3.18% |
| Net Income | 49.55M▲ 0% | 53.68M▲ 8.3% | 36.15M▼ 32.7% | 176.11M▲ 387.2% | 192.43M▲ 9.3% | 55M▼ 71.4% | 195.87M▲ 256.1% | 62.87M▼ 67.9% | 119.27M▲ 89.7% | 112.5M▲ 0% |
| Net Margin % | 65.42% | 60.77% | 45.41% | 94.44% | 84% | 40.41% | 43.06% | 32.67% | 49.19% | 39.24% |
| Net Income Growth % | 21.88% | 8.34% | -32.66% | 387.2% | 9.26% | -71.42% | 256.12% | -67.9% | 89.71% | 116.48% |
| Net Income (Continuing) | 49.55M | 53.68M | 36.15M | 176.11M | 192.43M | 55M | 195.87M | 62.87M | 119.27M | 112.5M |
| EPS (Diluted) | 1.28▲ 0% | 1.34▲ 4.7% | 0.90▼ 32.8% | 3.26▲ 262.2% | 1.89▼ 42.0% | 0.54▼ 71.4% | 1.81▲ 235.2% | 0.55▼ 69.6% | 1.03▲ 87.3% | 1.00▲ 0% |
| EPS Growth % | 14.29% | 4.69% | -32.84% | 262.22% | -42.02% | -71.43% | 235.19% | -69.61% | 87.27% | 45.45% |
| EPS (Basic) | 1.28 | 1.34 | 0.90 | 3.26 | 1.89 | 0.54 | 1.81 | 0.55 | 1.03 | - |
| Diluted Shares Outstanding | 38.63M | 40.18M | 40.31M | 53.94M | 101.69M | 102.26M | 108.31M | 114.67M | 115.58M | 112.57M |
Goldman Sachs BDC, Inc. (GSBD) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Short Term Investments | 11.61M | 6.11M | 9.41M | 32.14M | 33.76M | 39.6M | 52.36M | 61.8M | 43.21M | 308.28M |
| Cash & Due from Banks | 11.61M | 6.11M | 9.41M | 32.14M | 33.76M | 39.6M | 52.36M | 61.8M | 43.21M | 41.85M |
| Short Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Investments | 1.16B | 1.25B | 1.37B | 19.81M | 100K | 0 | 0 | 0 | 3.3B | 3.23B |
| Investments Growth % | 7.35% | 7.45% | 9.79% | -98.56% | -99.5% | -100% | - | - | - | 11134075.86% |
| Long-Term Investments | 1.16B | 1.25B | 1.37B | 19.81M | 100K | 0 | 0 | 0 | 3.3B | 6.53B |
| Accounts Receivables | 8.3M | 6.97M | 5.7M | 24.19M | 23.28M | 31.78M | 38.53M | 28.09M | 26.93M | 0 |
| Goodwill & Intangibles | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| PP&E (Net) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 112.13M | 131.85M | 88.37M | 3.24B | 3.49B | 3.52B | 3.43B | 3.51B | 15.66M | 0 |
| Total Current Assets | 23.62M | 15.68M | 15.2M | 56.33M | 57.04M | 71.38M | 90.9M | 89.89M | 70.14M | 66.98M |
| Total Non-Current Assets | 1.27B | 1.38B | 1.46B | 3.26B | 3.49B | 3.52B | 3.43B | 3.51B | 3.31B | 0 |
| Total Assets | 1.3B▲ 0% | 1.4B▲ 7.6% | 1.48B▲ 5.6% | 3.31B▲ 124.5% | 3.55B▲ 7.2% | 3.59B▲ 1.1% | 3.52B▼ 1.9% | 3.6B▲ 2.3% | 3.38B▼ 6.1% | 3.34B▲ 0% |
| Asset Growth % | 9.08% | 7.58% | 5.6% | 124.53% | 7.2% | 1.14% | -1.91% | 2.29% | -6.11% | -21.27% |
| Return on Assets (ROA) | 3.98% | 3.98% | 2.52% | 7.36% | 5.61% | 1.54% | 5.51% | 1.76% | 3.41% | 3.33% |
| Accounts Payable | 19.75M | 20.53M | 20.47M | 55.85M | 60.75M | 59.59M | 62.67M | 74.07M | 61.57M | 0 |
| Total Debt | 542.53M | 659.1M | 769.73M | 1.63B | 1.86B | 2.01B | 1.83B | 1.93B | 1.88B | 0 |
| Net Debt | 530.92M | 652.99M | 760.32M | 1.59B | 1.83B | 1.97B | 1.77B | 1.87B | 1.83B | -41.85M |
| Long-Term Debt | 111.28M | 149.68M | 151.32M | 1.63B | 1.86B | 2.01B | 1.83B | 1.93B | 1.88B | 0 |
| Short-Term Debt | 431.25M | 509.42M | 618.41M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Liabilities | 7.83M | 3.43M | 5.5M | 14.31M | 14.41M | 16.66M | 31.53M | 27.24M | 8.65M | 0 |
| Total Current Liabilities | 453.66M | 533.97M | 642.33M | 55.85M | 60.75M | 59.59M | 62.67M | 74.07M | 73.59M | 0 |
| Total Non-Current Liabilities | 119.1M | 153.12M | 156.82M | 1.64B | 1.88B | 2.03B | 1.86B | 1.96B | 1.89B | 0 |
| Total Liabilities | 572.76M | 687.08M | 799.15M | 1.7B | 1.94B | 2.09B | 1.92B | 2.03B | 1.96B | 1.97B |
| Total Equity | 725.83M▲ 0% | 709.89M▼ 2.2% | 676.13M▼ 4.8% | 1.62B▲ 138.9% | 1.61B▼ 0.0% | 1.5B▼ 6.9% | 1.6B▲ 6.6% | 1.57B▼ 1.8% | 1.42B▼ 9.5% | 1.37B▲ 0% |
| Equity Growth % | 9.12% | -2.2% | -4.76% | 138.88% | -0.05% | -6.94% | 6.62% | -1.82% | -9.52% | -34.46% |
| Equity / Assets (Capital Ratio) | 55.89% | 50.82% | 45.83% | 48.76% | 45.46% | 41.83% | 45.47% | 43.65% | 42.06% | 40.98% |
| Return on Equity (ROE) | 7.12% | 7.48% | 5.22% | 15.37% | 11.92% | 3.53% | 12.62% | 3.96% | 7.96% | 7.81% |
| Book Value per Share | 18.79 | 17.67 | 16.77 | 29.94 | 15.88 | 14.69 | 14.79 | 13.71 | 12.31 | 12.17 |
| Tangible BV per Share | 18.79 | 17.67 | 16.77 | 29.94 | 15.88 | 14.69 | 14.79 | 13.71 | 12.31 | 12.17 |
| Common Stock | 40K | 40K | 40K | 102K | 102K | 103K | 110K | 117K | 113K | 113K |
| Additional Paid-in Capital | 799.94M | 802.22M | 778.13M | 1.62B | 1.67B | 1.71B | 1.83B | 1.95B | 1.88B | 0 |
| Retained Earnings | -72.72M | -90.94M | -100.63M | -5.35M | -55.02M | -206.2M | -224.58M | -373.67M | -456.69M | 0 |
| Accumulated OCI | -1.42M | -1.42M | -1.42M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Preferred Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Goldman Sachs BDC, Inc. (GSBD) cash flow — operating, investing & free cash flow history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | -49.3M | -49.24M | -35.27M | 165.78M | -29.86M | 27.44M | 300.69M | 2.46M | 325.68M | 325.68M |
| Operating CF Growth % | -57.24% | 0.11% | 28.37% | 570.03% | -118.01% | 191.9% | 995.86% | -99.18% | 13155.27% | -231.23% |
| Net Income | 49.55M | 53.68M | 36.15M | 176.11M | 192.43M | 55M | 195.87M | 62.87M | 119.27M | 112.5M |
| Depreciation & Amortization | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 37.22M |
| Deferred Taxes | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | -100.46M | -103.11M | -75.7M | 1.82M | -228.11M | -20.93M | 98.36M | -76.17M | 211.93M | 42.43M |
| Working Capital Changes | 1.61M | 195K | 4.28M | -12.15M | 5.83M | -6.64M | 6.46M | 15.76M | -5.51M | 10.1M |
| Cash from Investing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2.89M |
| Purchase of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -96.06M |
| Sale/Maturity of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 98.95M |
| Net Investment Activity | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2.89M |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Investing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash from Financing | 56.34M | 43.75M | 38.56M | -143.11M | 31.69M | -21.75M | -287.99M | 7.15M | -344.45M | -243.08M |
| Dividends Paid | -67.43M | -70.37M | -69.85M | -145.6M | -193.04M | -180M | -190.96M | -197.7M | -233.52M | -182.53M |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -52.17M | -52.17M |
| Stock Issued | 81.57M | 0 | 0 | 0 | 0 | 14.01M | 98.08M | 109.93M | 0 | 0 |
| Net Stock Activity | 81.57M | 0 | 0 | 0 | 0 | 14.01M | 98.08M | 109.93M | -52.17M | -52.17M |
| Debt Issuance (Net) | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | -1000K | 1000K | -1000K | 1000K |
| Other Financing | -1.3M | -4.05M | -579K | -24.78M | -4.61M | -3.44M | -5.96M | -8.69M | -9.88M | -19.2M |
| Net Change in Cash | 7.04M▲ 0% | -5.49M▼ 178.0% | 3.3M▲ 160.0% | 22.73M▲ 589.6% | 1.63M▼ 92.8% | 5.84M▲ 258.8% | 12.76M▲ 118.6% | 9.43M▼ 26.1% | -18.58M▼ 297.0% | -40.91M▲ 0% |
| Exchange Rate Effect | 105.2B | 1K | 10K | 55K | -211K | 147K | 62K | -171K | 186K | -71K |
| Cash at Beginning | 4.57M | 11.61M | 6.11M | 9.41M | 32.14M | 33.76M | 39.6M | 52.36M | 61.8M | 43.21M |
| Cash at End | 11.61M | 6.11M | 9.41M | 32.14M | 33.76M | 39.6M | 52.36M | 61.8M | 43.21M | 41.85M |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Income Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Free Cash Flow | -49.3M▲ 0% | -49.24M▲ 0.1% | -35.27M▲ 28.4% | 165.78M▲ 570.0% | -29.86M▼ 118.0% | 27.44M▲ 191.9% | 300.69M▲ 995.9% | 2.46M▼ 99.2% | 325.68M▲ 13155.3% | 202.25M▲ 0% |
| FCF Growth % | -57.24% | 0.11% | 28.37% | 570.03% | -118.01% | 191.9% | 995.86% | -99.18% | 13155.27% | 56.43% |
Goldman Sachs BDC, Inc. (GSBD) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | 7.12% | 7.48% | 5.22% | 15.37% | 11.92% | 3.53% | 12.62% | 3.96% | 7.96% | 7.81% |
| Return on Assets (ROA) | 3.98% | 3.98% | 2.52% | 7.36% | 5.61% | 1.54% | 5.51% | 1.76% | 3.41% | 3.33% |
| Net Interest Margin | 7.37% | 7.08% | 6.8% | 3.71% | 7.52% | 7% | 8.68% | 7.34% | 7.38% | 4.98% |
| Efficiency Ratio | 6.64% | 6.93% | 6.9% | -16.6% | -10.47% | -2.24% | 20.12% | 5.38% | -22.97% | 8.25% |
| Equity / Assets | 55.89% | 50.82% | 45.83% | 48.76% | 45.46% | 41.83% | 45.47% | 43.65% | 42.06% | 40.98% |
| Book Value / Share | 18.79 | 17.67 | 16.77 | 29.94 | 15.88 | 14.69 | 14.79 | 13.71 | 12.31 | 12.17 |
| NII Growth | -0.66% | 3.4% | 1.38% | 22.54% | 117.33% | -5.85% | 21.58% | -13.51% | -5.57% | -33.81% |
| Dividend Payout | 136.1% | 131.1% | 193.24% | 82.68% | 100.32% | 327.26% | 97.49% | 314.48% | 195.79% | 160.65% |
Goldman Sachs BDC, Inc. (GSBD) SEC filings — annual & quarterly reports (10-K, 10-Q)
Apr 14, 2026·SEC
Mar 17, 2026·SEC
Mar 2, 2026·SEC
Goldman Sachs BDC, Inc. (GSBD) stock FAQ — growth, dividends, profitability & financials explained
Goldman Sachs BDC, Inc. (GSBD) grew revenue by 26.0% over the past year. This is strong growth.
Yes, Goldman Sachs BDC, Inc. (GSBD) is profitable, generating $112.5M in net income for fiscal year 2025 (49.2% net margin).
Yes, Goldman Sachs BDC, Inc. (GSBD) pays a dividend with a yield of 20.33%. This makes it attractive for income-focused investors.
Goldman Sachs BDC, Inc. (GSBD) has a return on equity (ROE) of 8.0%. This is below average, suggesting room for improvement.
Goldman Sachs BDC, Inc. (GSBD) has a net interest margin (NIM) of 7.4%. This indicates healthy earnings from lending activities.
Goldman Sachs BDC, Inc. (GSBD) has an efficiency ratio of -23.0%. This is excellent, indicating strong cost control.
Goldman Sachs BDC, Inc. (GSBD) financial analysis — history, returns, DCA and operating performance tools
Historical returns with dividends reinvested
Dollar cost averaging vs lump sum
Yield, growth, payout safety & DRIP
EPS trends, net income & profitability
Long-term charts & historical price data
Sales growth patterns & revenue breakdown
30 years of market, efficiency and balance-sheet ratios
DCF intrinsic value, peer multiples & estimates