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GBDC

Golub Capital BDC, Inc.

GBDC

NASDAQ·Financial Services·Asset Management·Mkt cap $3.3B

$12.99

+1.17%

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Our plain-language verdict, the thesis, risk factors, and what is changing about the business.

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52-Week Range

$11.77 - $15.63

P/E

10.39

Fwd P/E

9.46

Beta

0.42

Div Yield

11.21%

Avg Vol

1.6M

Shares Out

263.2M

Mkt Cap

$3.3B

Price action

Price chart

Down 12.5% over the trailing year

1W
1M
3M
6M
YTD
1Y
5Y
MAX

Total returns

Price performance

Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.

Why we rate it this way

The thesis at a glance

Bull and bear case · plain-English context across the five lenses we evaluate.

Bull Case

4 reasons

  • Expert management by Golub Capital with deep middle-market expertise
  • Diversified portfolio across multiple industries and geographies
  • Focus on sponsor-backed companies reducing credit risk
  • Flexible loan structures providing higher yields than traditional senior debt

Bear Case

1 risk

  • Low volatility (beta 0.4).

Growth

Strong growth ahead

Increased demand for alternative lending in the middle-market segment

Value

Fairly valued vs Asset Management peers

Momentum

Stable

+1.1% over 3m

Quality

Excellent

Excellent business quality

Dividend

High yield

11.21% yield

Earnings track record

Recent earnings results

AI-summarized recap of last quarter, plus the surprise on every print.

Next: Aug 3, 2026

Q2 26 RECAP

MAY 4, 2026

Reported EPS of $0.34 vs $0.36 consensus (-5.6% surprise). Revenue of $188.1M vs $201.7M expected (-6.7%).

EPS miss
Revenue miss

EPS surprise · last 4Q

0 of 1 beats

Q2 26

-5.6%

Next: Aug 3, 2026

Revenue trend · last 8Q

-4%

+411%

+34%

-12%

Q2 24

Q3 24

Q4 24

Q1 24

Q2 25

Q3 25

Q4 25

Q1 25

$128.1M

$26.4M

$129.3M

$159.3M

$122.4M

$135.0M

$173.4M

$140.7M

Margins · last 8Q

Profit

46.4%

Wall Street consensus

3 analysts · 100% Buy

Live ratings and price targets aggregated across covering analysts.

Buy

3

100%

Hold

0%

Sell

0%

Median Price Target

$14.50

+11.6% vs $12.99

Low $14.00
Median $14.50
High $15.00

Latest: RBC Capital · May 7, 2026

2 analysts covering

vs Industry

How GBDC stacks vs Asset Management

Stock metrics vs industry averages. Green = better than industry.

Industry comparison data unavailable for this stock.