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6May 5, 2026·SEC
Mar 4, 2026·SEC
Feb 4, 2026·SEC
Oaktree Specialty Lending Corporation (OCSL) fundamental analysis — strengths, weaknesses & financial health based on data analysis
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Oaktree Specialty Lending Corporation (OCSL) stock price & volume — 10-year historical chart
Oaktree Specialty Lending Corporation (OCSL) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Oaktree Specialty Lending Corporation (OCSL) EPS & revenue vs analyst estimates — last 4 quarters
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 5, 2026 | $0.38vs $0.36+5.6% | $70Mvs $74M-6.2% |
| Q1 2026 | Feb 4, 2026 | $0.41vs $0.38+7.9% | $74Mvs $75M-0.4% |
| Q4 2025 | Nov 18, 2025 | $0.40vs $0.39+3.6% | $84Mvs $77M+10.1% |
| Q3 2025 | Aug 5, 2025 | $0.37vs $0.45-17.8% | $62Mvs $77M-19.2% |
Oaktree Specialty Lending Corporation (OCSL) competitors in Small Business and Middle-Market Lending — business model, growth, and fundamentals comparison
Oaktree Specialty Lending Corporation (OCSL) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Oaktree Specialty Lending Corporation (OCSL) annual income statement — 10-year revenue, gross profit & net income history
| Metric | Sep'17 | Sep'18 | Sep'19 | Sep'20 | Sep'21 | Sep'22 | Sep'23 | Sep'24 | Sep'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Net Interest Income | 113.48M | 88.55M | 106.74M | 107.14M | 160.31M | 202.51M | 256.89M | 238.46M | 191.63M | 181.49M |
NII Growth % | -27.54% | -21.97% | 20.54% | 0.38% | 49.62% | 26.33% | 26.85% | -7.17% | -19.64% | -64.22% |
Net Interest Margin % | 7.02% | 5.71% | 7.21% | 6.53% | 6.08% | 7.65% | 7.98% | 7.46% | 6.38% | 6.27% |
Interest Income | 163.42M | 124.28M | 139.17M | 133.43M | 190.83M | 249.44M | 368.53M | 367.08M | 307.47M | 290.86M |
Interest Expense | 49.94M | 35.73M | 32.43M | 26.29M | 30.52M | 46.93M | 111.64M | 128.62M | 115.84M | 109.38M |
Loan Loss Provision | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -77.52M | -48.13M |
Non-Interest Income | -297.15M | -31.24M | 20.39M | -54.83M | 88M | -163.4M | -131.68M | -180.85M | -7.77M | -5.95M |
Non-Interest Income % | 222.19% | -33.57% | 12.78% | -69.75% | 31.56% | -189.91% | -55.6% | -97.11% | -2.59% | -2.09% |
Total Revenue | -133.74M▲ 0% | 93.04M▲ 169.6% | 159.55M▲ 71.5% | 78.6M▼ 50.7% | 278.82M▲ 254.7% | 86.04M▼ 69.1% | 236.85M▲ 175.3% | 186.23M▼ 21.4% | 299.7M▲ 60.9% | 284.92M▲ 0% |
Revenue Growth % | -1314.15% | 169.57% | 71.48% | -50.74% | 254.72% | -69.14% | 175.27% | -21.37% | 60.93% | 836.72% |
Non-Interest Expense | 13.29M | 9.93M | -43K | 14.86M | 7.46M | 6.25M | 6.14M | -185K | 110.35M | 102.54M |
Efficiency Ratio | -9.94% | 10.67% | -0.03% | 18.91% | 2.68% | 7.27% | 2.59% | -0.1% | 36.82% | 35.99% |
Operating Income | -196.97M▲ 0% | 47.38M▲ 124.1% | 127.17M▲ 168.4% | 37.45M▼ 70.5% | 240.84M▲ 543.0% | 32.86M▼ 86.4% | 119.06M▲ 262.3% | 57.8M▼ 51.5% | 151.02M▲ 161.3% | 128.9M▲ 0% |
Operating Margin % | 147.28% | 50.93% | 79.7% | 47.65% | 86.38% | 38.19% | 50.27% | 31.03% | 50.39% | 45.24% |
Operating Income Growth % | -195.94% | 124.06% | 168.38% | -70.55% | 543.03% | -86.36% | 262.34% | -51.46% | 161.29% | - |
Pretax Income | -196.97M▲ 0% | 47.38M▲ 124.1% | 127.17M▲ 168.4% | 37.45M▼ 70.5% | 240.84M▲ 543.0% | 32.86M▼ 86.4% | 119.06M▲ 262.3% | 57.8M▼ 51.5% | 35.17M▼ 39.1% | 50.58M▲ 0% |
Pretax Margin % | 147.28% | 50.93% | 79.7% | 47.65% | 86.38% | 38.19% | 50.27% | 31.03% | 11.74% | 17.75% |
Income Tax | 0 | 622K | 1.01M | -1.77M | 3.58M | 3.64M | 1.73M | -108K | 1.25M | 932K |
Effective Tax Rate % | 0% | 1.31% | 0.79% | -4.73% | 1.49% | 11.07% | 1.46% | -0.19% | 3.57% | 1.84% |
Net Income | -196.97M▲ 0% | 46.76M▲ 123.7% | 126.16M▲ 169.8% | 39.22M▼ 68.9% | 237.26M▲ 504.9% | 29.22M▼ 87.7% | 117.33M▲ 301.5% | 57.91M▼ 50.6% | 33.92M▼ 41.4% | 49.65M▲ 0% |
Net Margin % | 147.28% | 50.26% | 79.07% | 49.9% | 85.09% | 33.96% | 49.54% | 31.09% | 11.32% | 17.43% |
Net Income Growth % | -195.94% | 123.74% | 169.79% | -68.91% | 504.88% | -87.68% | 301.5% | -50.65% | -41.42% | 450.25% |
Net Income (Continuing) | -196.97M | 46.76M | 126.16M | 39.22M | 237.26M | 29.22M | 117.33M | 57.91M | 33.92M | 49.65M |
EPS (Diluted) | -4.18▲ 0% | 1.00▲ 123.9% | 2.69▲ 169.0% | 0.83▼ 69.1% | 4.39▲ 428.9% | 0.48▼ 89.1% | 1.63▲ 239.6% | 0.72▼ 55.8% | 0.39▼ 45.8% | 0.56▲ 0% |
EPS Growth % | -216.67% | 123.92% | 169% | -69.14% | 428.92% | -89.07% | 239.58% | -55.83% | -45.83% | 335.61% |
EPS (Basic) | -4.18 | 1.00 | 2.69 | 0.83 | 4.39 | 0.48 | 1.63 | 0.72 | 0.39 | - |
Diluted Shares Outstanding | 47.15M | 46.99M | 46.99M | 46.99M | 54.04M | 60.73M | 72.12M | 80.42M | 86.08M | 88.09M |
Oaktree Specialty Lending Corporation (OCSL) balance sheet — assets, liabilities & shareholders' equity
| Metric | Sep'17 | Sep'18 | Sep'19 | Sep'20 | Sep'21 | Sep'22 | Sep'23 | Sep'24 | Sep'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Cash & Short Term Investments | 53.02M | 13.38M | 15.41M | 39.1M | 29.33M | 23.53M | 136.45M | 63.97M | 79.63M | 291.5M |
Cash & Due from Banks | 53.02M | 13.38M | 15.41M | 39.1M | 29.33M | 23.53M | 136.45M | 63.97M | 79.63M | 51.26M |
Short Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Investments | 0 | 162K | 490K | 223K | 1.91M | 6.79M | 4.91M | 0 | 8.71M | 2.81B |
Investments Growth % | - | - | 202.47% | -54.49% | 757.4% | 255.07% | -27.68% | -100% | - | 1737.09% |
Long-Term Investments | 0 | 162K | 490K | 223K | 1.91M | 6.79M | 4.91M | 0 | 8.71M | 2.8B |
Accounts Receivables | 12.56M | 38.39M | 18.37M | 18.78M | 33.91M | 108.31M | 160.59M | 85.94M | 55.55M | 22.89M |
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 | 1.55B | 1.5B | 1.45B | 1.58B | 2.57B | 2.51B | 2.92B | 3.05B | 2.86B | 9.68M |
Total Current Assets | 65.58M | 51.77M | 33.77M | 57.88M | 63.24M | 131.84M | 297.04M | 149.91M | 135.18M | 74.15M |
Total Non-Current Assets | 1.55B | 1.5B | 1.45B | 1.58B | 2.57B | 2.51B | 2.92B | 3.05B | 2.87B | 2.78B |
Total Assets | 1.62B▲ 0% | 1.55B▼ 4.0% | 1.48B▼ 4.5% | 1.64B▲ 10.8% | 2.64B▲ 60.7% | 2.65B▲ 0.4% | 3.22B▲ 21.6% | 3.2B▼ 0.6% | 3B▼ 6.1% | 2.89B▲ 0% |
Asset Growth % | -31.03% | -4% | -4.54% | 10.78% | 60.69% | 0.38% | 21.6% | -0.61% | -6.11% | -22.41% |
Return on Assets (ROA) | -9.95% | 2.95% | 8.32% | 2.51% | 11.09% | 1.11% | 4% | 1.8% | 1.09% | 1.66% |
Accounts Payable | 3.17M | 3.37M | 2.3M | 1.63M | 4.6M | 7.94M | 16.01M | 16.23M | 12.07M | 0 |
Total Debt | 675.37M | 637.21M | 473.37M | 709.32M | 1.27B | 1.3B | 1.6B | 1.64B | 1.49B | 1.48B |
Net Debt | 622.35M | 623.83M | 457.96M | 670.22M | 1.24B | 1.28B | 1.46B | 1.57B | 1.41B | 1.43B |
Long-Term Debt | 675.37M | 637.21M | 473.37M | 709.32M | 1.27B | 1.3B | 1.6B | 1.64B | 1.49B | 1.05B |
Short-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 433.96M |
Other Liabilities | 69.86M | 52.84M | 74.75M | 14.89M | 50.22M | 91.77M | 85.34M | 55.61M | 38.23M | 30.41M |
Total Current Liabilities | 3.17M | 3.37M | 2.3M | 1.63M | 4.6M | 7.94M | 16.01M | 16.23M | 12.07M | 433.96M |
Total Non-Current Liabilities | 745.22M | 690.06M | 548.11M | 724.21M | 1.32B | 1.39B | 1.69B | 1.69B | 1.53B | 1.08B |
Total Liabilities | 748.39M | 693.42M | 550.41M | 725.83M | 1.32B | 1.4B | 1.7B | 1.71B | 1.54B | 1.51B |
Total Equity | 867.66M▲ 0% | 858.03M▼ 1.1% | 930.63M▲ 8.5% | 914.88M▼ 1.7% | 1.31B▲ 43.5% | 1.25B▼ 5.1% | 1.52B▲ 21.7% | 1.49B▼ 1.8% | 1.47B▼ 1.5% | 1.38B▲ 0% |
Equity Growth % | -24.04% | -1.11% | 8.46% | -1.69% | 43.5% | -5.12% | 21.69% | -1.84% | -1.48% | -10.04% |
Equity / Assets (Capital Ratio) | 53.69% | 55.31% | 62.84% | 55.76% | 49.8% | 47.07% | 47.11% | 46.52% | 48.81% | 47.75% |
Return on Equity (ROE) | -19.6% | 5.42% | 14.11% | 4.25% | 21.3% | 2.28% | 8.5% | 3.86% | 2.3% | 3.45% |
Book Value per Share | 18.40 | 18.26 | 19.81 | 19.47 | 24.29 | 20.51 | 21.02 | 18.50 | 17.03 | 15.69 |
Tangible BV per Share | 18.40 | 18.26 | 19.81 | 19.47 | 24.29 | 20.51 | 21.02 | 18.50 | 17.03 | 15.69 |
Common Stock | 1.41M | 1.41M | 1.41M | 1.41M | 1.8M | 611K | 772K | 822K | 881K | 881K |
Additional Paid-in Capital | 1.58B | 1.49B | 1.49B | 1.49B | 1.8B | 1.83B | 2.17B | 2.26B | 2.35B | 2.35B |
Retained Earnings | -713.03M | -636.11M | -558.55M | -574.3M | -493.33M | -582.77M | -651.34M | -777.46M | -885.14M | -968.89M |
Accumulated OCI | 0 | 0 | 0 | 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 |
Oaktree Specialty Lending Corporation (OCSL) cash flow — operating, investing & free cash flow history
| Metric | Sep'17 | Sep'18 | Sep'19 | Sep'20 | Sep'21 | Sep'22 | Sep'23 | Sep'24 | Sep'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Cash from Operations | 486.9M | 53.51M | 215.82M | -152.88M | -230.52M | 22.39M | 228.76M | 19.08M | 142.4M | 12.52M |
Operating CF Growth % | 195.52% | -89.01% | 303.34% | -170.83% | -50.79% | 109.72% | 921.49% | -91.66% | 646.47% | -248.97% |
Net Income | -196.97M | 46.76M | 126.16M | 39.22M | 237.26M | 29.22M | 117.33M | 57.91M | 33.92M | 49.65M |
Depreciation & Amortization | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -39.34M |
Deferred Taxes | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Non-Cash Items | 630.38M | 52.3M | 48.42M | -132.3M | -488.98M | 64.58M | 218.83M | -110.43M | 90.98M | 100.53M |
Working Capital Changes | 53.49M | -45.56M | 41.24M | -59.8M | 21.2M | -71.41M | -107.4M | 71.6M | 17.49M | -103.59M |
Cash from Investing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 85.98M | 57.13M |
Purchase of Investments | -736.95M | -1.06B | -477.97M | -727.16M | -1.12B | -702.06M | -742.14M | -1.28B | -958.74M | -867.83M |
Sale/Maturity of Investments | 92.72M | 303.86M | 606.27M | 579.55M | 792.16M | 693.75M | 911.98M | 1.09B | 1.04B | 924.95M |
Net Investment Activity | -644.23M | -755.74M | 128.3M | -147.61M | -328.01M | -8.32M | 169.83M | -195.2M | 85.98M | 57.13M |
Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Investing | 644.23M | 755.74M | -128.3M | 147.61M | 328.01M | 8.32M | -169.83M | 195.2M | 0 | 0 |
Cash from Financing | -557.35M | -99.93M | -214.11M | 176.33M | 224.19M | -26.82M | -110.41M | -86.77M | -229.35M | -127.59M |
Dividends Paid | -62.52M | -54.97M | -52.22M | -53.1M | -79.85M | -115.25M | -180.05M | -176.81M | -148.2M | -135.5M |
Share Repurchases | -15.42M | -1.41M | -1.34M | -1.88M | -2.17M | -1.86M | -2.42M | -1.55M | -10.67M | -7.2M |
Stock Issued | 0 | 0 | 0 | 0 | 0 | 20.84M | 1.37M | 92.75M | 102.96M | 1.14M |
Net Stock Activity | -15.42M | -1.41M | -1.34M | -1.88M | -2.17M | 18.98M | -1.05M | 91.2M | 92.29M | -6.06M |
Debt Issuance (Net) | -1000K | -1000K | -1000K | 1000K | 1000K | 1000K | 1000K | -1000K | -1000K | 0 |
Other Financing | -357K | -6.17M | -2.88M | -4.9M | -8.89M | -549K | -10.83M | -117K | 0 | 0 |
Net Change in Cash | -70.45M▲ 0% | -46.42M▲ 34.1% | 1.92M▲ 104.1% | 23.69M▲ 1135.8% | -7.46M▼ 131.5% | -5.27M▲ 29.4% | 119.17M▲ 2361.0% | -67M▼ 156.2% | 1.09M▲ 101.6% | -97.07M▲ 0% |
Exchange Rate Effect | 0 | 0 | 200K | 233K | -1.13M | -851K | 827K | 701K | 2.06M | -39.13M |
Cash at Beginning | 130.36M | 59.91M | 13.49M | 15.41M | 39.1M | 31.64M | 26.36M | 145.54M | 78.54M | 19.48M |
Cash at End | 59.91M | 13.49M | 15.41M | 39.1M | 31.64M | 26.36M | 145.54M | 78.54M | 79.63M | 11.14M |
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 | 486.9M▲ 0% | 53.51M▼ 89.0% | 215.82M▲ 303.3% | -152.88M▼ 170.8% | -230.52M▼ 50.8% | 22.39M▲ 109.7% | 228.76M▲ 921.5% | 19.08M▼ 91.7% | 142.4M▲ 646.5% | 12.52M▲ 0% |
FCF Growth % | 195.52% | -89.01% | 303.34% | -170.83% | -50.79% | 109.72% | 921.49% | -91.66% | 646.47% | -94.82% |
Oaktree Specialty Lending Corporation (OCSL) 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) | -19.6% | 5.42% | 14.11% | 4.25% | 21.3% | 2.28% | 8.5% | 3.86% | 2.3% | 3.45% |
Return on Assets (ROA) | -9.95% | 2.95% | 8.32% | 2.51% | 11.09% | 1.11% | 4% | 1.8% | 1.09% | 1.66% |
Net Interest Margin | 7.02% | 5.71% | 7.21% | 6.53% | 6.08% | 7.65% | 7.98% | 7.46% | 6.38% | 6.27% |
Efficiency Ratio | -9.94% | 10.67% | -0.03% | 18.91% | 2.68% | 7.27% | 2.59% | -0.1% | 36.82% | 35.99% |
Equity / Assets | 53.69% | 55.31% | 62.84% | 55.76% | 49.8% | 47.07% | 47.11% | 46.52% | 48.81% | 47.75% |
Book Value / Share | 18.4 | 18.26 | 19.81 | 19.47 | 24.29 | 20.51 | 21.02 | 18.5 | 17.03 | 15.69 |
NII Growth | -27.54% | -21.97% | 20.54% | 0.38% | 49.62% | 26.33% | 26.85% | -7.17% | -19.64% | -16.61% |
Dividend Payout | - | 117.56% | 41.39% | 135.37% | 33.66% | 394.37% | 153.45% | 305.35% | 436.91% | 204.24% |
Oaktree Specialty Lending Corporation (OCSL) SEC filings — annual & quarterly reports (10-K, 10-Q)
May 5, 2026·SEC
Mar 4, 2026·SEC
Feb 4, 2026·SEC
Oaktree Specialty Lending Corporation (OCSL) stock FAQ — growth, dividends, profitability & financials explained
Oaktree Specialty Lending Corporation (OCSL) grew revenue by 60.9% over the past year. This is strong growth.
Yes, Oaktree Specialty Lending Corporation (OCSL) is profitable, generating $49.6M in net income for fiscal year 2025 (11.3% net margin).
Yes, Oaktree Specialty Lending Corporation (OCSL) pays a dividend with a yield of 14.85%. This makes it attractive for income-focused investors.
Oaktree Specialty Lending Corporation (OCSL) has a return on equity (ROE) of 2.3%. This is below average, suggesting room for improvement.
Oaktree Specialty Lending Corporation (OCSL) has a net interest margin (NIM) of 6.4%. This indicates healthy earnings from lending activities.
Oaktree Specialty Lending Corporation (OCSL) has an efficiency ratio of 36.8%. This is excellent, indicating strong cost control.