Stocktoria

GOLUB CAPITAL BDC, Inc. GBDC

Nasdaq · stock · website · IPO 2010-04-15 · LEI

GOLUB CAPITAL BDC, Inc. statistics & valuation

Market cap$3.3B
P / E8.7×
P / B0.8×
Dividend yield11.23%
Return on equity9.5%
Net debt$4.9B
Enterprise value USD$8.2B
Graham number +67.1%$21.87

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 ($21.87); a green figure means the price is below it.

Profitability & efficiency

Gross margin (%)
20212022202320242025
Operating margin (%)
20212022202320242025
Return on equity (%)
13.20% 6.00% 10.20% 6.80% 9.50% 20212022202320242025
Shares outstanding
170.0M 170.9M 170.3M 264.3M 266.0M 20212022202320242025
Net debt ($)
$2.38B $2.96B $3.05B $4.48B $4.89B 20212022202320242025
Share buybacks ($)
20212022202320242025
Return on assets (%)
6.60% 2.70% 4.50% 3.10% 4.20% 20212022202320242025
Free cash flow margin (%)
20212022202320242025
Debt / equity (×)
0.99× 1.21× 1.22× 1.15× 1.23× 20212022202320242025
EPS ($)
$2.03 $0.90 $1.52 $1.36 $1.42 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

GOLUB CAPITAL BDC, Inc. trades at about 9.2× earnings — near its 10-year norm (10-year range 7.8×–14.4×, median 9.9×).

7.8× 14.4×

Shaded band = 10-year range (7.8×–14.4×); dot = today's 9.2×.

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 assets4.2%3.1%4.5%2.7%6.6%
Return on equity9.5%6.8%10.2%6.0%13.2%
Debt / equity1.23×1.15×1.22×1.21×0.99×

Computed from company filings · US · as of 2025-09-30. Facts plus Stocktoria's own computed scores — not investment advice.