Stocktoria

Barings BDC, Inc. BBDC

NYSE · stock · website · IPO 2007-02-15 · LEI

Barings BDC, Inc. statistics & valuation

Market cap$865.9M
P / E8.5×
P / B0.7×
Dividend yield14.46%
Return on equity8.8%
Net debt$1.2B
Enterprise value USD$2.1B
Graham number +80.7%$16.67

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($16.67); a green figure means the price is below it.

Profitability & efficiency

Gross margin (%)
20212022202320242025
Operating margin (%)
20212022202320242025
Return on equity (%)
10.50% 0.40% 10.70% 9.30% 8.80% 20212022202320242025
Shares outstanding
65.3M 107.9M 107.0M 105.8M 105.2M 20212022202320242025
Net debt ($)
$717.6M $719.0M $720.6M $1.01B $1.20B 20212022202320242025
Share buybacks ($)
20212022202320242025
Return on assets (%)
3.60% 0.20% 4.80% 4.10% 3.90% 20212022202320242025
Free cash flow margin (%)
20212022202320242025
Debt / equity (×)
0.97× 0.60× 0.60× 0.85× 1.04× 20212022202320242025
EPS ($)
$0.90 $1.12 $1.20 $1.24 $1.12 20212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

Barings BDC, Inc. trades at about 8.2× earnings — near its 10-year norm (10-year range 7.5×–12×, median 8.1×).

7.5× 12×

Shaded band = 10-year range (7.5×–12×); dot = today's 8.2×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021
Return on assets3.9%4.1%4.8%0.2%3.6%
Return on equity8.8%9.3%10.7%0.4%10.5%
Debt / equity1.04×0.85×0.60×0.60×0.97×

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.