Oxford Lane Capital Corp. (OXLC) Financial Ratios
13 years of historical data (2013–2025) · Financial Services · Asset Management
EV/EBITDA
↑
24.35
↑+54% vs avg
5yr avg: 15.81
30Y Low2.7·High48.1
P/FCF
N/A
—
5yr avg: 4.69
30Y Low2.4·High4.7
P/B Ratio
↑
0.47
↓-51% vs avg
5yr avg: 0.95
30Y Low0.8·High1.2
ROE
↓
3.1%
↑-83% vs avg
5yr avg: 18.1%
30Y Low-94%·High67%
Debt/EBITDA
↑
10.05
↑+198% vs avg
5yr avg: 3.37
30Y Low0.8·High43.9
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
OXLC Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Oxford Lane Capital Corp. trades at 95.2x earnings, 34% above its 5-year average of 70.9x, sitting at the 100th percentile of its historical range. Compared to the Financial Services sector median P/E of 13.1x, the stock trades at a premium of 624%.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $989M | $2.1B | $1.1B | $786M | $759M | $582M | $293M | $405M | $258M | $253M | $158M |
| Enterprise Value | $1.2B | $2.3B | $1.2B | $959M | $918M | $819M | $536M | $596M | $456M | $373M | $275M |
| P/E Ratio → | 95.23 | 220.77 | 22.68 | — | 30.17 | 10.03 | — | — | 33.99 | 12.04 | — |
| P/S Ratio | 10.32 | 22.34 | 3.82 | — | 4.99 | 9.98 | 2.53 | 4.68 | 3.42 | 4.84 | 4.46 |
| P/B Ratio | 0.47 | 1.09 | 0.91 | 0.99 | 0.80 | 0.98 | 1.09 | 1.14 | 0.89 | 1.09 | 1.20 |
| P/FCF | — | — | — | — | — | 4.69 | 2.39 | 4.42 | — | — | 2.43 |
| P/OCF | — | — | — | — | — | 4.69 | 2.39 | 4.42 | — | — | 2.43 |
P/E links to full P/E history page with 30-year chart
OXLC EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Oxford Lane Capital Corp.'s enterprise value stands at 24.4x EBITDA, 54% above its 5-year average of 15.8x. The Financial Services sector median is 11.5x, placing the stock at a 112% premium on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 24.34 | 4.36 | — | 6.03 | 14.06 | 4.62 | 6.89 | 6.05 | 7.12 | 7.74 |
| EV / EBITDA | 24.35 | 48.10 | 5.18 | — | 7.30 | 2.67 | — | — | 11.49 | 3.54 | — |
| EV / EBIT | 24.35 | 48.10 | 5.18 | — | 7.30 | 2.67 | — | — | 11.49 | 3.54 | — |
| EV / FCF | — | — | — | — | — | 6.60 | 4.36 | 6.51 | — | — | 4.22 |
OXLC Profitability
Margins and return-on-capital ratios measuring operating efficiency
Oxford Lane Capital Corp. earns an operating margin of 50.6%, significantly above the Financial Services sector average of 21.6%. Operating margins have compressed from 135.3% to 50.6% over the past 3 years, signaling potential cost pressures or competitive headwinds. ROE of 3.1% is modest, trailing the sector median of 9.4%. ROIC of 1.9% represents below-average returns on invested capital versus a sector median of 5.7%.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 59.8% | 59.8% | 88.2% | 125.1% | 85.5% | 44.9% | 72.7% | 72.7% | 74.3% | 72.1% | 57.5% |
| Operating Margin | 50.6% | 50.6% | 84.1% | 135.3% | 82.7% | 525.6% | -237.6% | -24.3% | 52.6% | 201.1% | -241.2% |
| Net Profit Margin | 50.6% | 50.6% | 84.1% | 135.3% | 82.7% | 497.7% | -251.0% | -24.3% | 50.4% | 201.1% | -241.2% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 3.1% | 3.1% | 23.9% | -19.7% | 16.3% | 67.0% | -93.5% | -6.5% | 14.6% | 57.8% | -48.1% |
| ROA | 2.1% | 2.1% | 15.2% | -12.5% | 10.7% | 39.5% | -52.7% | -3.9% | 8.5% | 32.4% | -25.6% |
| ROIC | 1.9% | 1.9% | 15.0% | -12.1% | 9.1% | 31.7% | -37.9% | -2.9% | 6.8% | 24.9% | -20.1% |
| ROCE | 2.1% | 2.1% | 15.2% | -12.5% | 10.7% | 41.8% | -49.9% | -3.9% | 8.9% | 32.4% | -25.6% |
OXLC Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Oxford Lane Capital Corp. carries a Debt/EBITDA ratio of 10.0x, which is highly leveraged (143% above the sector average of 4.1x). Net debt stands at $192M ($487M total debt minus $295M cash). Interest coverage of just 1.3x is concerning — the company has limited headroom to absorb earnings volatility before struggling with debt service.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.25 | 0.25 | 0.17 | 0.25 | 0.20 | 0.55 | 0.95 | 0.60 | 0.75 | 0.57 | 1.04 |
| Debt / EBITDA | 10.05 | 10.05 | 0.83 | — | 1.54 | 1.07 | — | — | 5.49 | 1.27 | — |
| Net Debt / Equity | — | 0.10 | 0.13 | 0.22 | 0.17 | 0.40 | 0.90 | 0.54 | 0.68 | 0.51 | 0.88 |
| Net Debt / EBITDA | 3.95 | 3.95 | 0.65 | — | 1.26 | 0.77 | — | — | 4.98 | 1.13 | — |
| Debt / FCF | — | — | — | — | — | 1.91 | 1.98 | 2.09 | — | — | 1.79 |
| Interest Coverage | 1.26 | 1.26 | 7.15 | -5.39 | 5.70 | — | — | — | — | — | — |
OXLC Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
Oxford Lane Capital Corp.'s current ratio of 220.74x is well above the 1.0 safety threshold, indicating strong short-term liquidity with ample room to cover current liabilities. The current ratio has declined from 1406.80x to 220.74x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 220.74 | 220.74 | 29.51 | 1406.80 | 1869.59 | — | — | — | — | — | — |
| Quick Ratio | 220.74 | 220.74 | 29.51 | 1406.80 | 1869.59 | — | — | — | — | — | — |
| Cash Ratio | 203.74 | 203.74 | 17.75 | 666.08 | 1062.31 | — | — | — | — | — | — |
| Asset Turnover | — | 0.03 | 0.16 | -0.09 | 0.11 | 0.06 | 0.22 | 0.15 | 0.15 | 0.14 | 0.13 |
| Inventory Turnover | — | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | — | — | — | — | — | — | — | — | — | — |
OXLC Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Oxford Lane Capital Corp. returns 33.4% to shareholders annually primarily through dividends. The payout ratio exceeds 100% at 636.7%, meaning the company is paying out more than it earns — this level is unsustainable long-term without earnings recovery. The earnings yield of 1.1% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 33.4% | 14.4% | 15.6% | 15.6% | 11.3% | 12.9% | 28.6% | 13.4% | 16.1% | 19.3% | 23.5% |
| Payout Ratio | 636.7% | 636.7% | 70.9% | — | 68.0% | 25.9% | — | — | — | — | — |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 1.1% | 0.5% | 4.4% | — | 3.3% | 10.0% | — | — | 2.9% | 8.3% | — |
| FCF Yield | — | — | — | — | — | 21.3% | 41.9% | 22.6% | — | — | 41.2% |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 1.1% | 10.2% | 0.0% | 19.5% | 6.0% | 28.3% |
| Total Shareholder Yield | 33.4% | 14.4% | 15.6% | 15.6% | 11.3% | 14.0% | 38.9% | 13.4% | 35.6% | 25.4% | 51.8% |
| Shares Outstanding | — | $91M | $42M | $30M | $21M | $18M | $14M | $8M | $5M | $5M | $4M |
Peer Comparison
Compare OXLC with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 OXLCYou | $989M | 95.2 | 24.4 | — | 59.8% | 50.6% | 3.1% | 1.9% | 10.0 |
 ECC | $560M | 5.0 | 9.2 | 5.4 | 84.2% | 73.7% | 9.6% | 6.1% | 3.2 |
 OCCI | $96M | -8.7 | — | 2.8 | 70.8% | -5.5% | -6.6% | -0.8% | — |
 ARCC | $14B | 10.2 | 13.1 | 11.9 | 75.7% | 69.7% | 9.4% | 5.7% | 7.3 |
 FSCO | $1B | 5.4 | 6.5 | 15.2 | 81.3% | 77.5% | 13.5% | 8.1% | 2.3 |
 CGBD | $859M | 7.5 | 19.6 | 8.2 | 59.2% | 54.7% | 9.8% | 3.7% | 10.6 |
 SLRC | $745M | 8.0 | 11.5 | — | 73.3% | 72.9% | 9.3% | 5.8% | 7.0 |
 TPVG | $243M | 4.9 | 9.1 | — | 83.5% | 77.9% | 14.1% | 7.2% | 6.2 |
 GAIN | $657M | 9.3 | 16.8 | 5.8 | 68.6% | 72.7% | 13.2% | 5.3% | 7.0 |
 GBDC | $3B | 9.3 | 12.1 | — | 81.5% | 78.9% | 9.4% | 5.9% | 7.1 |
 BX | $96B | 31.5 | 14.8 | 54.9 | 86.0% | 51.9% | 14.6% | 16.1% | 1.8 |
| Financial Services Median | — | 13.1 | 11.5 | 10.6 | 63.6% | 21.6% | 9.4% | 5.7% | 4.1 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 13 years · Updated daily
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Start ComparisonOXLC — Frequently Asked Questions
Quick answers to the most common questions about buying OXLC stock.
What is Oxford Lane Capital Corp.'s P/E ratio?
Oxford Lane Capital Corp.'s current P/E ratio is 95.2x. The historical average is 27.1x. This places it at the 100th percentile of its historical range.
What is Oxford Lane Capital Corp.'s EV/EBITDA?
Oxford Lane Capital Corp.'s current EV/EBITDA is 24.4x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 11.7x.
What is Oxford Lane Capital Corp.'s ROE?
Oxford Lane Capital Corp.'s return on equity (ROE) is 3.1%. The historical average is 3.7%.
Is OXLC stock overvalued?
Based on historical data, Oxford Lane Capital Corp. is trading at a P/E of 95.2x. This is at the 100th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What is Oxford Lane Capital Corp.'s dividend yield?
Oxford Lane Capital Corp.'s current dividend yield is 33.44% with a payout ratio of 636.7%.
What are Oxford Lane Capital Corp.'s profit margins?
Oxford Lane Capital Corp. has 59.8% gross margin and 50.6% operating margin. Operating margin above 20% indicates strong pricing power and cost efficiency.
How much debt does Oxford Lane Capital Corp. have?
Oxford Lane Capital Corp.'s Debt/EBITDA ratio is 10.0x, indicating high leverage. A ratio above 4x may signal elevated financial risk.