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OXLC logoOxford Lane Capital Corp.(OXLC)Earnings, Financials & Key Ratios

OXLC•NASDAQ•Banking & Credit
$10.03
$974M mkt cap·93.8× P/E·Price updated May 6, 2026
SectorFinancial ServicesIndustryAsset ManagementSub-IndustryClosed-end funds and investment trusts
AboutOxford Lane Capital Corp. is a close ended fund launched and managed by Oxford Lane Management LLC. It invests in fixed income securities. The fund primarily invests in securitization vehicles which in turn invest in senior secured loans made to companies whose debt is rated below investment grade or is unrated. Oxford Lane Capital Corp was formed on June 9, 2010 and is domiciled in the United States.Show more
  • Net Interest Income-$25M-45.2%
  • Total Revenue$96M-65.7%
  • Net Income$48M-79.4%
  • Return on Equity3.1%-87.1%
  • Net Interest Margin-0.9%+10.5%
  • Efficiency Ratio9.24%+123.6%
  • ROA2.11%-86.1%
  • Equity / Assets68.9%+3.0%
  • Book Value per Share21.59-22.6%
  • Tangible BV/Share21.59-22.6%
  • Debt/Equity0.25+49.0%
Technical→

OXLC Key Insights

Oxford Lane Capital Corp. (OXLC) fundamental analysis — strengths, weaknesses & financial health based on data analysis

✓Strengths

  • ✓Efficient operations: 9.2% efficiency ratio
  • ✓Well capitalized: 68.9% equity/assets
  • ✓Diversified revenue: 86.4% from non-interest income
  • ✓Trading at only 0.5x book value

✗Weaknesses

  • ✗Weak 3Y average ROE of 2.5%
  • ✗Weak Piotroski F-Score: 2/9
  • ✗Weak NIM of -0.9%
  • ✗Dividend payout exceeds 100% of earnings
  • ✗Shares diluted 100.0% in last year
  • ✗Trading more than 30% below 52-week high

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

OXLC Price & Volume

Oxford Lane Capital Corp. (OXLC) stock price & volume — 10-year historical chart

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OXLC Growth Metrics

Oxford Lane Capital Corp. (OXLC) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years5.55%
5 Years-3.76%
3 Years-14.31%
TTM-

Profit CAGR

10 Years30.7%
5 Years-
3 Years-27.25%
TTM349.82%

EPS CAGR

10 Years-6.47%
5 Years-
3 Years-55.34%
TTM243.31%

Return on Capital

10 Years1.93%
5 Years11.47%
3 Years1.62%
Last Year2.11%

OXLC Recent Earnings

Oxford Lane Capital Corp. (OXLC) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 5/12 qtrs (42%)●Beat Revenue 5/12 qtrs (42%)
Q1 2026Latest
Jan 26, 2026
EPS
$0.24
Est $0.26
-7.7%
Revenue
$252M
Est $138M
+82.9%
Q2 2025
May 19, 2025
EPS
$0.19
Est $1.30
-114.5%
Revenue
$224M
Est $138M
+62.0%
Q4 2024
Nov 1, 2024
EPS
$1.30
Est $0.28
+364.3%
Revenue
$204M
Est $115M
+77.6%
Q2 2024
May 14, 2024
EPS
$2.75
Est $0.26
+957.7%
Revenue
$158M
Est $151M
+4.3%
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q1 2026LatestJan 26, 2026
$0.24vs $0.26-7.7%
$252Mvs $138M+82.9%
Q2 2025May 19, 2025
$0.19vs $1.30-114.5%
$224Mvs $138M+62.0%
Q4 2024Nov 1, 2024
$1.30vs $0.28+364.3%
$204Mvs $115M+77.6%
Q2 2024May 14, 2024
$2.75vs $0.26+957.7%
$158Mvs $151M+4.3%
Based on last 12 quarters of dataView full earnings history →

OXLC Peer Comparison

Oxford Lane Capital Corp. (OXLC) competitors in Closed-end funds and investment trusts — business model, growth, and fundamentals comparison

Select Columns
Stock Universe
Valuation
Growth
Profitability
Financial Health
Dividends & Buybacks
Price Performance
Technical
Fundamentals ($)
Sector-Specific
CompanyMarket CapStock PriceP/E Ratio (TTM)Revenue Growth 1YNet MarginReturn on Equity (ROE)FCF YieldDebt / Equity
ECC logoECCEagle Point Credit Company Inc.Direct Competitor552.12M4.224.91-14.94%3.08%0.29
OCCI logoOCCIOFS Credit Company, Inc.Direct Competitor94.59M3.38-8.65116.98%-6.12%0.74
ARCC logoARCCAres Capital CorporationProduct Competitor13.76B19.1610.3032.87%8.11%1.12
FSCO logoFSCOFS Credit Opportunities Corp.Product Competitor1.04B5.235.51-17.44%13.47%0.32
CGBD logoCGBDCarlyle Secured Lending, Inc.Product Competitor866.09M11.887.52-2.92%6.2%1.07
SLRC logoSLRCSLR Investment Corp.Product Competitor761.04M13.958.2124.76%7.31%1.15
TPVG logoTPVGTriplePoint Venture Growth BDC Corp.Product Competitor225.54M5.574.5736.55%13.09%1.33
GAIN logoGAINGladstone Investment CorporationProduct Competitor665.43M16.719.39-12.88%21.89%0.91

Compare OXLC vs Peers

Oxford Lane Capital Corp. (OXLC) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs ECC

Most directly comparable listed peer for OXLC.

Scale Benchmark

vs BX

Larger-name benchmark to compare OXLC against a more recognizable public peer.

Peer Set

Compare Top 5

vs ECC, OCCI, ARCC, FSCO

OXLC Income Statement

Oxford Lane Capital Corp. (OXLC) annual income statement — 10-year revenue, gross profit & net income history

10Y historyFree accessUpdated daily
Line itemMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Net Interest Income00000-18.13M-24.55M-17.55M-25.47M0
NII Growth %-------35.45%28.54%-45.16%0%
Net Interest Margin %0%0%0%0%0%-1.29%-1.84%-1%-0.9%0%
Interest Income000003.95M7.25M15.31M12.99M0
Interest Expense0000022.08M31.81M32.86M38.46M0
Loan Loss Provision14.59M19.38M23.62M31.63M32.12M0000148.58M
Non-Interest Income52.31M75.44M86.5M116M58.26M148.27M-133.88M264.2M82.78M810.81M
Non-Interest Income %100%100%100%100%100%97.41%105.73%94.52%86.44%100%
Total Revenue
52.31M▲ 0%
75.44M▲ 44.2%
86.5M▲ 14.7%
116M▲ 34.1%
58.26M▼ 49.8%
152.22M▲ 161.3%
-126.63M▼ 183.2%
279.52M▲ 320.7%
95.77M▼ 65.7%
810.81M▲ 0%
Revenue Growth %47.12%44.21%14.66%34.1%-49.78%161.29%-183.19%320.74%-65.74%129.16%
Non-Interest Expense000004.27M12.86M11.55M8.85M0
Efficiency Ratio0%0%0%0%0%2.8%-10.15%4.13%9.24%0%
Operating Income
105.2M▲ 0%
39.72M▼ 62.2%
-20.98M▼ 152.8%
-275.65M▼ 1213.8%
306.21M▲ 211.1%
125.88M▼ 58.9%
-171.29M▼ 236.1%
235.11M▲ 237.3%
48.46M▼ 79.4%
271.23M▲ 0%
Operating Margin %201.1%52.64%-24.26%-237.64%525.6%82.69%135.27%84.11%50.6%33.45%
Operating Income Growth %222.64%-62.25%-152.83%-1213.76%211.09%-58.89%-236.08%237.26%-79.39%-
Pretax Income
105.2M▲ 0%
38.01M▼ 63.9%
-20.98M▼ 155.2%
-291.13M▼ 1287.5%
289.93M▲ 199.6%
125.88M▼ 56.6%
-171.29M▼ 236.1%
235.11M▲ 237.3%
48.46M▼ 79.4%
189.2M▲ 0%
Pretax Margin %201.1%50.38%-24.26%-250.98%497.66%82.69%135.27%84.11%50.6%23.34%
Income Tax0000000000
Effective Tax Rate %0%0%0%0%0%0%0%0%0%0%
Net Income
105.2M▲ 0%
38.01M▼ 63.9%
-20.98M▼ 155.2%
-291.13M▼ 1287.5%
289.93M▲ 199.6%
125.88M▼ 56.6%
-171.29M▼ 236.1%
235.11M▲ 237.3%
48.46M▼ 79.4%
189.2M▲ 0%
Net Margin %201.1%50.38%-24.26%-250.98%497.66%82.69%135.27%84.11%50.6%23.34%
Net Income Growth %222.64%-63.87%-155.21%-1287.54%199.59%-56.58%-236.08%237.26%-79.39%349.82%
Net Income (Continuing)105.2M38.01M-20.98M-291.13M289.93M125.88M-171.29M235.11M48.46M189.2M
EPS (Diluted)
4.62▲ 0%
1.49▼ 67.8%
-0.51▼ 134.2%
-4.14▼ 711.8%
3.14▲ 175.8%
1.20▼ 61.8%
-1.14▼ 195.0%
1.12▲ 198.2%
0.11▼ 90.5%
2.17▲ 0%
EPS Growth %201.08%-67.78%-134.23%-711.76%175.85%-61.78%-195%198.25%-90.46%243.31%
EPS (Basic)23.127.45-2.55-20.7015.706.00-5.705.600.53-
Diluted Shares Outstanding4.55M5.1M8.23M14.06M18.47M20.98M30.05M41.98M90.64M87.03M

OXLC Balance Sheet

Oxford Lane Capital Corp. (OXLC) balance sheet — assets, liabilities & shareholders' equity

Line itemMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Cash & Short Term Investments14.02M20.33M21.47M11.66M90.87M34.67M21.74M42.97M295.35M563.92M
Cash & Due from Banks14.02M20.33M21.47M11.66M90.87M34.67M21.74M42.97M295.35M19.1M
Short Term Investments0000000000
Total Investments0000000000
Investments Growth %---------0%
Long-Term Investments0000000000
Accounts Receivables0000025.99M24.18M28.46M24.65M30.13M
Goodwill & Intangibles0000000000
Goodwill0000000000
Intangible Assets0000000000
PP&E (Net)0000000000
Other Assets000001.35B1.29B1.68B2.52B2.6B
Total Current Assets0000061.02M45.92M71.44M320M49.23M
Total Non-Current Assets000001.35B1.29B1.68B2.52B2.6B
Total Assets
377.12M▲ 0%
514.19M▲ 36.3%
573.35M▲ 11.5%
531.94M▼ 7.2%
934.86M▲ 75.7%
1.41B▲ 50.6%
1.34B▼ 5.1%
1.75B▲ 31.1%
2.84B▲ 62.2%
2.65B▲ 0%
Asset Growth %38.37%36.35%11.51%-7.22%75.75%50.63%-5.12%31.05%62.2%160.68%
Return on Assets (ROA)32.39%8.53%-3.86%-52.68%39.53%10.75%-12.48%15.23%2.11%7.14%
Accounts Payable0000032.64K32.64K2.42M1.45M101.44K
Total Debt133.36M218.15M212.83M254.28M328.11M193.58M194.56M195.6M486.92M488.09M
Net Debt119.34M197.81M191.36M242.62M237.24M158.91M172.82M152.62M191.57M468.98M
Long-Term Debt133.36M151.68M152.93M214.17M305.18M193.58M194.56M195.6M486.92M488.09M
Short-Term Debt066.47M59.9M40.12M22.92M33.54M0006.45M
Other Liabilities-133.36M-151.68M-152.93M-214.17M-305.18M267.37M348.3M381.84M394.88M297.21M
Total Current Liabilities0000032.64K32.64K2.42M1.45M101.44K
Total Non-Current Liabilities00000460.95M542.86M577.43M881.8M785.3M
Total Liabilities145.07M224.26M219.52M263.15M338.61M460.99M542.89M579.85M883.25M785.4M
Total Equity
232.05M▲ 0%
289.93M▲ 24.9%
353.83M▲ 22.0%
268.79M▼ 24.0%
596.25M▲ 121.8%
947.16M▲ 58.9%
793.15M▼ 16.3%
1.17B▲ 47.6%
1.96B▲ 67.1%
1.86B▲ 0%
Equity Growth %75.86%24.94%22.04%-24.04%121.83%58.85%-16.26%47.65%67.09%191.64%
Equity / Assets (Capital Ratio)61.53%56.39%61.71%50.53%63.78%67.26%59.37%66.88%68.9%70.35%
Return on Equity (ROE)57.8%14.56%-6.52%-93.52%67.03%16.31%-19.68%23.94%3.1%10.15%
Book Value per Share51.0056.8343.0019.1132.2945.1526.3927.8921.5921.42
Tangible BV per Share51.0056.8343.0019.1132.2945.1526.3927.8921.5921.42
Common Stock328.35M0001M1.44M1.72M2.39M4.53M971.09K
Additional Paid-in Capital0372.85M473.52M723.51M782.88M1.06B1.21B1.54B2.63B2.77B
Retained Earnings-25.67M-25.27M-119.68M-454.72M-187.64M-111.03M-417.03M-367.99M-674.31M-911.72M
Accumulated OCI-70.63M-57.65M00000000
Treasury Stock0000000000
Preferred Stock0000000000

OXLC Cash Flow Statement

Oxford Lane Capital Corp. (OXLC) cash flow — operating, investing & free cash flow history

Line itemMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Cash from Operations-844.22K-71.15M91.56M122.8M124.01M-385.5M-91.56M-123.79M-703.8M-703.8M
Operating CF Growth %-101.29%-8327.54%228.69%34.12%0.98%-410.87%76.25%-35.2%-468.52%266.55%
Net Income105.2M38.01M-20.98M-291.13M289.93M125.88M-171.29M235.11M48.46M189.2M
Depreciation & Amortization0000000000
Deferred Taxes0000000000
Other Non-Cash Items-108.71M-111M115.85M413.76M-161.38M-507.47M72.86M-361.32M-768.84M1.28B
Working Capital Changes2.67M1.84M-3.31M174.17K-4.54M-3.91M6.87M2.42M16.59M50.66M
Cash from Investing00-174.96M-394.02M-131.95M-932.95M000-2.42B
Purchase of Investments00-504.13M-497.41M-375.19M-1.22B-543.45M-597.19M-1.6B-2.59B
Sale/Maturity of Investments001000K1000K1000K1000K1000K1000K1000K4M
Net Investment Activity00-503.13M-496.41M-374.19M-1.22B-542.45M-596.19M-1.6B-2.59B
Acquisitions0000000000
Other Investing000000472.86M546.96M1.56B0
Cash from Financing-5.5M77.46M84.54M261.41M87.14M329.3M78.63M145.03M956.17M897.16M
Dividends Paid-48.9M-41.52M-54.24M-83.99M-75.09M-85.6M-122.53M-166.6M-308.53M-624.48M
Share Repurchases-15.31M-50.5M0-30M-6.38M0000-20.47M
Stock Issued59.75M130.44M138.77M377.9M112.29M314.25M141.42M315.16M1.05B1.32B
Net Stock Activity44.44M79.94M138.77M347.9M105.91M314.25M141.42M315.16M1.05B1.3B
Debt Issuance (Net)01000K0-1000K1000K1000K1000K01000K2M
Other Financing-1.04M-1.09M000-9.49M-65.35M-3.54M-17.87M-68.45M
Net Change in Cash
-6.35M▲ 0%
6.32M▲ 199.5%
1.14M▼ 82.0%
-9.81M▼ 960.9%
79.2M▲ 907.3%
-56.19M▼ 170.9%
-12.93M▲ 77.0%
21.23M▲ 264.2%
252.37M▲ 1088.5%
-8M▲ 0%
Exchange Rate Effect0000000000
Cash at Beginning20.36M14.02M20.33M21.47M11.66M90.87M34.67M21.74M42.97M295.35M
Cash at End14.02M20.33M21.47M11.66M90.87M34.67M21.74M42.97M295.35M19.1M
Interest Paid0000000000
Income Taxes Paid0000000000
Free Cash Flow
-844.22K▲ 0%
-71.15M▼ 8327.5%
91.56M▲ 228.7%
122.8M▲ 34.1%
124.01M▲ 1.0%
-385.5M▼ 410.9%
-91.56M▲ 76.2%
-123.79M▼ 35.2%
-703.8M▼ 468.5%
1.52B▲ 0%
FCF Growth %-101.29%-8327.54%228.69%34.12%0.98%-410.87%76.25%-35.2%-468.52%73.71%

OXLC Banking Ratios

Oxford Lane Capital Corp. (OXLC) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios

Metric201720182019202020212022202320242025TTM
Return on Equity (ROE)57.8%14.56%-6.52%-93.52%67.03%16.31%-19.68%23.94%3.1%10.15%
Return on Assets (ROA)32.39%8.53%-3.86%-52.68%39.53%10.75%-12.48%15.23%2.11%7.14%
Net Interest Margin0%0%0%0%0%-1.29%-1.84%-1%-0.9%0%
Efficiency Ratio0%0%0%0%0%2.8%-10.15%4.13%9.24%0%
Equity / Assets61.53%56.39%61.71%50.53%63.78%67.26%59.37%66.88%68.9%70.35%
Book Value / Share5156.834319.1132.2945.1526.3927.8921.5921.42
NII Growth-------35.45%28.54%-45.16%-
Dividend Payout----25.9%68.01%-70.86%636.69%330.06%

OXLC SEC Filings & Documents

Oxford Lane Capital Corp. (OXLC) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

2
Material company update

Jul 31, 2024·SEC

Material company update

May 12, 2021·SEC

OXLC Frequently Asked Questions

Oxford Lane Capital Corp. (OXLC) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials

Oxford Lane Capital Corp. (OXLC) saw revenue decline by 65.7% over the past year.

Yes, Oxford Lane Capital Corp. (OXLC) is profitable, generating $189.2M in net income for fiscal year 2025 (50.6% net margin).

Dividend & Returns

Yes, Oxford Lane Capital Corp. (OXLC) pays a dividend with a yield of 33.94%. This makes it attractive for income-focused investors.

Oxford Lane Capital Corp. (OXLC) has a return on equity (ROE) of 3.1%. This is below average, suggesting room for improvement.

Industry Metrics

Oxford Lane Capital Corp. (OXLC) has a net interest margin (NIM) of -0.9%. NIM has been under pressure due to interest rate environment.

Oxford Lane Capital Corp. (OXLC) has an efficiency ratio of 9.2%. This is excellent, indicating strong cost control.

Explore More OXLC

Oxford Lane Capital Corp. (OXLC) financial analysis — history, returns, DCA and operating performance tools

Total Return Calculator

Historical returns with dividends reinvested

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DCA Calculator

Dollar cost averaging vs lump sum

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Dividend History

Yield, growth, payout safety & DRIP

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Earnings History

EPS trends, net income & profitability

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Price History

Long-term charts & historical price data

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Revenue History

Sales growth patterns & revenue breakdown

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Financial Ratios

30 years of market, efficiency and balance-sheet ratios

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Valuation

DCF intrinsic value, peer multiples & estimates

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