Last 48 quarters of trend data · Financial Services · Asset Management
Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.
EV/EBITDA has expanded 55.0% YoY to 41.1x, reflecting rising market expectations or slowing EBITDA growth.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E Ratio → | 9.04 | — | 11.60 | 11.56 | 8.27 | 10.77 | 9.45 | 10.75 | — | 9.60 | 7.96 | 7.74 | 5.78 |
| — | — | +22.7% | +7.5% | — | +12.1% | +18.7% | +38.8% | — | -24.0% | -91.7% | — | -75.3% | |
| P/S Ratio | 4.32 | 3.18 | 3.22 | 5.21 | 4.79 | 3.52 | 4.97 | 5.69 | — | 5.60 | 4.87 | 4.77 | 3.93 |
| — | -9.5% | -35.1% | -8.4% | — | -37.2% | +2.0% | +19.4% | — | -11.1% | -53.5% | -77.8% | -69.2% | |
| P/B Ratio | 0.76 | 0.73 | 0.75 | 0.80 | 0.87 | 0.88 | 0.88 | 1.01 | 1.08 | 1.01 | 1.00 | 1.00 | 0.95 |
| — | -17.2% | -14.6% | -21.2% | -19.1% | -12.8% | -12.0% | +1.8% | +13.4% | +11.9% | +6.7% | +4.0% | -12.1% | |
| P/FCF | 3.22 | 33.13 | — | 6.16 | 1.89 | 2.55 | 26.43 | 3.87 | — | 58.57 | 4.85 | 2.50 | 14.65 |
| — | +1200.5% | — | +59.3% | — | -95.7% | +445.4% | +54.9% | — | +429.6% | +88.4% | — | — | |
| EV / EBITDA | 12.27 | 41.05 | 7.35 | 28.18 | 18.73 | 26.48 | 20.77 | 22.14 | — | 19.67 | 16.17 | 15.97 | 12.85 |
| — | +55.0% | -64.6% | +27.3% | — | +34.6% | +28.5% | +38.6% | — | -30.7% | -88.8% | — | -73.0% | |
| EV / EBIT | 12.09 | 41.05 | 13.63 | 28.18 | 18.73 | 12.87 | 20.77 | 22.14 | — | 19.67 | 16.17 | 15.97 | 12.85 |
| — | +219.1% | -34.4% | +27.3% | — | -34.6% | +28.5% | +38.6% | — | -30.7% | -88.8% | — | -73.0% |
Quarterly margins and returns. Watch for margin compression across consecutive quarters.
Goldman Sachs BDC, Inc.'s operating margin was 19.6% in Q1 2026, down 45.3 pp QoQ and down 3.7 pp YoY. The trailing four-quarter average of 47.2% exceeds the current quarter, suggesting the latest result may reflect seasonal weakness or a one-off headwind. Gross margin expanded 4.0% YoY, indicating pricing power or improving input costs.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 75.4% | 73.6% | 85.6% | 49.7% | 61.6% | 70.8% | 60.3% | 58.6% | 234.5% | 62.5% | 65.9% | 66.3% | 71.2% |
| — | +4.0% | +41.8% | -15.1% | -73.7% | +13.4% | -8.5% | -11.7% | +229.1% | +20.4% | +175.3% | +341.4% | +37.4% | |
| Operating Margin | 98.4% | 19.6% | 64.9% | 46.0% | 58.4% | 23.3% | 56.1% | 54.9% | 245.8% | 59.2% | 63.4% | 63.5% | 69.1% |
| — | -16.0% | +15.7% | -16.2% | -76.3% | -60.6% | -11.5% | -13.6% | +256.0% | +14.8% | +263.8% | +261.1% | +19.7% | |
| Net Margin | 49.2% | -17.4% | 28.5% | 44.3% | 57.0% | 32.5% | 53.8% | 52.5% | 250.5% | 57.7% | 61.4% | 61.7% | 68.0% |
| — | -153.4% | -47.0% | -15.6% | -77.2% | -43.6% | -12.4% | -15.0% | +268.6% | +16.5% | +463.9% | +241.8% | +22.3% |
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 8.0% | -1.0% | 1.6% | 1.7% | 2.6% | 2.0% | 2.4% | 2.3% | -3.4% | 2.6% | 3.2% | 3.2% | 4.1% |
| — | -148.3% | -30.7% | -28.6% | +176.4% | -23.0% | -24.7% | -27.8% | -181.3% | +44.2% | +1211.1% | +773.3% | +253.6% | |
| ROA | 3.4% | -0.4% | 0.7% | 0.7% | 1.1% | 0.9% | 1.1% | 1.0% | -1.5% | 1.2% | 1.4% | 1.4% | 1.8% |
| — | -145.6% | -33.3% | -29.7% | +175.2% | -26.1% | -26.4% | -27.9% | -183.3% | +54.0% | +1320.7% | +806.4% | +250.6% | |
| ROIC | 5.3% | 0.4% | 1.2% | 0.6% | 0.9% | 0.5% | 0.8% | 0.8% | -1.1% | 0.9% | 1.1% | 1.1% | 1.4% |
| — | -28.4% | +45.6% | -29.9% | +178.6% | -48.3% | -25.7% | -26.8% | -180.5% | +52.1% | +821.1% | +905.5% | +244.6% |
Quarterly solvency trend — watch for debt spikes or covenant pressure.
Goldman Sachs BDC, Inc.'s Debt/EBITDA ratio is 109.2x, up from 19.0x last quarter — elevated, raising questions about debt serviceability. Debt/Equity has risen for 4 consecutive quarters, indicating increasing financial leverage that investors should watch closely.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 1.32 | 1.39 | 1.32 | 1.27 | 1.19 | 1.21 | 1.23 | 1.19 | 1.22 | 1.12 | 1.14 | 1.17 | 1.22 |
| — | +14.8% | +7.6% | +6.9% | -2.3% | +7.7% | +7.6% | +1.0% | -0.5% | -8.4% | -14.9% | -13.6% | -3.9% | |
| Debt / EBITDA | 7.99 | 109.21 | 18.98 | 71.86 | 44.79 | 62.86 | 49.25 | 48.46 | — | 42.03 | 34.96 | 35.33 | 29.31 |
| — | +73.7% | -61.5% | +48.3% | — | +49.6% | +40.9% | +37.2% | — | -36.5% | -89.8% | — | -71.9% | |
| Current Ratio | 0.95 | — | 0.95 | 1.80 | 1.81 | 1.72 | 1.21 | 1.41 | 1.06 | 1.53 | 1.45 | 1.94 | 1.20 |
| — | — | -21.5% | +27.9% | +70.1% | +12.6% | -16.3% | -27.5% | -11.5% | +8.6% | +21.1% | +33.8% | +6.6% | |
| Quick Ratio | 0.95 | — | 0.95 | 1.80 | 1.81 | 1.72 | 1.21 | 1.41 | 1.06 | 1.53 | 1.45 | 1.94 | 1.20 |
| — | — | -21.5% | +27.9% | +70.1% | +12.6% | -16.3% | -27.5% | -11.5% | +8.6% | +21.1% | +33.8% | +6.6% | |
| Interest Coverage | 2.11 | 0.58 | 1.85 | 0.91 | 1.52 | 2.16 | 1.41 | 1.32 | -1.83 | 1.58 | 1.86 | 1.89 | 2.40 |
| — | — | — | — | — | — | — | — | — | — | — | — | — |
Includes 30+ ratios · 48 years · Updated daily
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Quick answers to the most common questions about buying GSBD stock.
Goldman Sachs BDC, Inc.'s current P/E is 9.0x. The average P/E over the last 3 quarters is 10.5x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.
Goldman Sachs BDC, Inc.'s current operating margin is 98.4%. Margins have been compressing over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.
Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking Goldman Sachs BDC, Inc.'s business trajectory between earnings reports.