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FS Credit Opportunities Corp. (FSCO) 10-Year Financial Performance & Capital Metrics

FSCO • • Banking & Credit
Financial ServicesAsset ManagementAlternative Asset ManagementCredit & Direct Lending Specialists
AboutFS Credit Opportunities Corp. is a close ended fixed income fund launched by Franklin Square Capital Partners. The fund is co-managed by FS Global Advisor, LLC and GSO Capital Partners LP. It invests in fixed income markets across the globe, with a strong focus on Europe and the United States. The fund seeks to invest in securities of companies that are operating across diversified sectors. It primarily invests in global credit, including secured and unsecured floating and fixed rate loans, bonds, and other credit instruments that companies use to finance their operations. The fund seeks to generate total return by employing an event-driven approach that focuses on companies that are undervalued by the market. It seeks companies that are expected to benefit from corporate events such as mergers, acquisitions, or corporate reorganizations. FS Credit Opportunities Corp. was formed on January 28, 2013 and is domiciled in the United States.Show more
  • Net Interest Income $208M +5.8%
  • Total Revenue $254M -17.4%
  • Net Income $188M -22.6%
  • Return on Equity 13.47% -27.1%
  • Net Interest Margin 8.93% -5.2%
  • Efficiency Ratio 3.81% -26.1%
  • ROA 8.52% -28.1%
  • Equity / Assets 60.98% -7.3%
  • Book Value per Share 7.18 +3.4%
  • Tangible BV/Share 7.18 +3.4%
  • Debt/Equity 0.32 +12.4%
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓Strong NIM of 8.9%
  • ✓Efficient operations: 3.8% efficiency ratio
  • ✓Well capitalized: 61.0% equity/assets
  • ✓Trading at only 0.9x book value

✗Weaknesses

  • ✗Weak Piotroski F-Score: 3/9

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-
5Y-
3Y-
TTM-

Profit (Net Income) CAGR

10Y-
5Y-
3Y-
TTM-

EPS CAGR

10Y-
5Y-
3Y-
TTM-

ROCE

10Y Avg4.51%
5Y Avg4.51%
3Y Avg4.51%
Latest8.98%

Peer Comparison

Credit & Direct Lending Specialists
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Sector-Specific
NameMarket CapCurrent PriceP/E RatioRevenue Growth 1YNet MarginROEFCF YieldDebt/Equity
ARESAres Management Corporation36.77B169.5781.926.96%11.94%5.81%7.34%1.93
OWLBlue Owl Capital Inc.10.5B15.7978.9532.56%4.77%0.84%8.91%0.51
MLCIMount Logan Capital Inc. Common Stock109.2M8.5442.70-8.88%2.86%-17.96%25.46%1.62
FSCOFS Credit Opportunities Corp.1.29B6.486.82-17.44%74.15%13.47%5.22%0.32
BENFBeneficient67.82M4.88-0.015.79%21.19%-487.65%2.21

Profit & Loss

Dec 2022Dec 2023Dec 2024
Net Interest Income+184.64M196.56M207.86M
NII Growth %-0.06%0.06%
Net Interest Margin %---
Interest Income220.44M240.48M255.3M
Interest Expense35.8M43.92M47.44M
Loan Loss Provision000
Non-Interest Income+-319.14M66.71M-1.68M
Non-Interest Income %---
Total Revenue+-98.71M307.19M253.62M
Revenue Growth %-4.11%-0.17%
Non-Interest Expense17.08M15.84M9.67M
Efficiency Ratio---
Operating Income+-151.58M247.42M196.51M
Operating Margin %---
Operating Income Growth %-2.63%-0.21%
Pretax Income+-151.58M247.42M196.51M
Pretax Margin %---
Income Tax+4.11M4.48M8.44M
Effective Tax Rate %---
Net Income+-155.69M242.94M188.07M
Net Margin %---
Net Income Growth %-2.56%-0.23%
Net Income (Continuing)-155.69M242.94M188.07M
EPS (Diluted)+-0.791.230.95
EPS Growth %-2.56%-0.23%
EPS (Basic)-0.791.230.95
Diluted Shares Outstanding197.08M197.51M197.51M

Balance Sheet

Dec 2022Dec 2023Dec 2024
Cash & Short Term Investments+1000K1000K1000K
Cash & Due from Banks85.67M106.2M189.34M
Short Term Investments000
Total Investments+1.83B02.05B
Investments Growth %--1%-
Long-Term Investments1.83B02.05B
Accounts Receivables1000K1000K1000K
Goodwill & Intangibles+---
Goodwill000
Intangible Assets000
PP&E (Net)000
Other Assets01.94B83.33M
Total Current Assets127.23M151.41M189.34M
Total Non-Current Assets1.83B1.94B2.14B
Total Assets+2.01B2.09B2.33B
Asset Growth %-0.04%0.12%
Return on Assets (ROA)-0.08%0.12%0.09%
Accounts Payable6.86M6.71M32.43M
Total Debt+285M390M453M
Net Debt199.33M283.8M263.66M
Long-Term Debt285M390M453M
Short-Term Debt000
Other Liabilities466.17M317.33M422.51M
Total Current Liabilities6.86M6.71M32.43M
Total Non-Current Liabilities751.17M707.33M875.51M
Total Liabilities758.02M714.04M907.94M
Total Equity+1.26B1.37B1.42B
Equity Growth %-0.09%0.03%
Equity / Assets (Capital Ratio)---
Return on Equity (ROE)-0.12%0.18%0.13%
Book Value per Share6.376.957.18
Tangible BV per Share---
Common Stock198K198K198K
Additional Paid-in Capital1.67B1.66B1.65B
Retained Earnings-410.83M-287.57M-232.62M
Accumulated OCI000
Treasury Stock000
Preferred Stock000

Cash Flow

Dec 2022Dec 2023Dec 2024
Cash from Operations+255.24M135.36M67.09M
Operating CF Growth %--0.47%-0.5%
Net Income-155.69M242.94M188.07M
Depreciation & Amortization000
Deferred Taxes000
Other Non-Cash Items468.78M-155.65M-115.59M
Working Capital Changes-57.85M48.07M-5.38M
Cash from Investing+000
Purchase of Investments000
Sale/Maturity of Investments000
Net Investment Activity---
Acquisitions000
Other Investing000
Cash from Financing+-250.09M-121.22M18.08M
Dividends Paid-82.65M-126.2M-141.68M
Share Repurchases-17.36M-100M0
Stock Issued000
Net Stock Activity---
Debt Issuance (Net)-1000K1000K1000K
Other Financing-76K-24K-3.24M
Net Change in Cash+5.15M14.13M85.18M
Exchange Rate Effect000
Cash at Beginning86.92M92.07M106.2M
Cash at End92.07M106.2M191.38M
Interest Paid000
Income Taxes Paid000
Free Cash Flow+255.24M135.36M67.09M
FCF Growth %--0.47%-0.5%

Banking Ratios

Metric202220232024
Return on Equity (ROE)-12.39%18.48%13.47%
Return on Assets (ROA)-7.73%11.85%8.52%
Net Interest Margin9.17%9.42%8.93%
Efficiency Ratio-17.3%5.16%3.81%
Equity / Assets62.37%65.78%60.98%
Book Value / Share6.376.957.18
NII Growth-6.46%5.75%
Dividend Payout-51.95%75.33%

Frequently Asked Questions

Valuation & Price

FS Credit Opportunities Corp. (FSCO) has a price-to-earnings (P/E) ratio of 6.8x. This may indicate the stock is undervalued or faces growth challenges.

Growth & Financials

FS Credit Opportunities Corp. (FSCO) saw revenue decline by 17.4% over the past year.

Yes, FS Credit Opportunities Corp. (FSCO) is profitable, generating $188.1M in net income for fiscal year 2024 (74.2% net margin).

Dividend & Returns

Yes, FS Credit Opportunities Corp. (FSCO) pays a dividend with a yield of 11.07%. This makes it attractive for income-focused investors.

FS Credit Opportunities Corp. (FSCO) has a return on equity (ROE) of 13.5%. This is reasonable for most industries.

Industry Metrics

FS Credit Opportunities Corp. (FSCO) has a net interest margin (NIM) of 8.9%. This indicates healthy earnings from lending activities.

FS Credit Opportunities Corp. (FSCO) has an efficiency ratio of 3.8%. This is excellent, indicating strong cost control.

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