Barings Bdc Inc Financials

BBDC

Source SEC Filings (10-K/10-Q) Updated Feb 19, 2026 Currency USD FYE February

This page shows Barings Bdc Inc (BBDC) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 6 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Financial Health Signals

Earnings Quality Cash-Backed

1.58x

For every $1 of reported earnings, Barings Bdc Inc generates $1.58 in operating cash flow ($161K OCF vs $102K net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Key Financial Metrics

Export CSV

Revenue

N/A

EBITDA

N/A

Free Cash Flow

N/A

Net Income

$102K

YoY-99.9%

5Y CAGR-58.4%

Barings Bdc Inc reported $102K in net income in fiscal year 2025. This represents a decrease of 99.9% from the prior year.

EPS (Diluted)

$1.12

YoY-9.7%

5Y CAGR+11.8%

Barings Bdc Inc earned $1.12 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 9.7% from the prior year.

Cash & Debt

N/A

Dividends Per Share

$0.26

YoY-75.0%

5Y CAGR-16.7%

Barings Bdc Inc paid $0.26 per share in dividends in fiscal year 2025. This represents a decrease of 75.0% from the prior year.

Shares Outstanding

105M

YoY-0.7%

5Y CAGR+9.9%

Barings Bdc Inc had 105M shares outstanding in fiscal year 2025. This represents a decrease of 0.7% from the prior year.

Gross Margin

N/A

Operating Margin

N/A

Net Margin

N/A

Return on Equity

N/A

R&D Spending

N/A

Share Buybacks

$6K

YoY-99.9%

5Y CAGR-75.5%

Barings Bdc Inc spent $6K on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 99.9% from the prior year.

Capital Expenditures

N/A

BBDC Income Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Revenue	N/A	N/A	N/A	N/A	N/A	N/A
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$8K-99.9%	$9.8M-1.5%	$10.0M+0.7%	$9.9M+9.0%	$9.1M+57.0%	$5.8M
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	$85K-99.9%	$85.5M+1.0%	$84.7M+49.0%	$56.9M+72.2%	$33.0M+66.6%	$19.8M
Income Tax	N/A	N/A	N/A	N/A	N/A	N/A
Net Income	$102K-99.9%	$110.3M-13.8%	$128.0M+2634.4%	$4.7M-94.0%	$77.7M+850.0%	$8.2M
EPS (Diluted)	$1.12-9.7%	$1.24+3.3%	$1.20+7.1%	$1.12+24.4%	$0.90+40.6%	$0.64

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23
Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$1.9M-17.3%	$2.3M+35.4%	$1.7M-30.2%	$2.4M+3.6%	$2.3M-12.4%	$2.7M	N/A	$2.4M
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	$21.5M-3.0%	$22.2M+9.8%	$20.2M-10.5%	$22.6M+8.6%	$20.8M-1.5%	$21.1M	N/A	$21.8M
Income Tax	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Income	N/A	N/A	$32.6M	N/A	N/A	$44.0M	N/A	N/A
EPS (Diluted)	$0.32+14.3%	$0.28+12.0%	$0.25-10.7%	$0.28-30.0%	$0.40+42.9%	$0.28-9.7%	$0.310.0%	$0.31

BBDC Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Total Assets	N/A	$2.7B+0.7%	$2.7B-1.2%	$2.7B+25.4%	$2.2B	N/A
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	N/A	$91.3M+29.5%	$70.5M-49.4%	$139.4M+65.5%	$84.3M-8.9%	$92.5M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	N/A	$1.5B+1.6%	$1.5B-2.4%	$1.5B+7.0%	$1.4B	N/A
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	N/A	$1.0B+40.4%	$720.6M+0.2%	$719.0M+0.2%	$717.6M	N/A
Total Equity	N/A	$1.2B-0.5%	$1.2B+0.4%	$1.2B+60.7%	$741.9M+3.4%	$717.8M
Retained Earnings	N/A	-$656.7M+0.2%	-$658.0M+0.9%	-$663.8M-132.2%	-$285.8M+7.8%	-$310.0M

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23
Total Assets	$2.8B+1.0%	$2.8B+0.1%	$2.8B+3.5%	$2.7B+3.5%	$2.6B-3.5%	$2.7B+0.8%	$2.7B-2.3%	$2.7B
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$83.2M+68.9%	$49.3M-51.0%	$100.6M+10.2%	$91.3M+8.3%	$84.4M+31.6%	$64.1M-9.1%	$70.5M+41.7%	$49.8M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$1.7B+2.3%	$1.6B+0.9%	$1.6B+6.5%	$1.5B+7.4%	$1.4B-5.7%	$1.5B+0.4%	$1.5B-4.1%	$1.5B
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	$1.3B+23.9%	$1.0B+0.3%	$1.0B+0.6%	$1.0B+0.3%	$1.0B-0.2%	$1.0B+40.3%	$720.6M+0.1%	$720.2M
Total Equity	$1.2B-0.8%	$1.2B-1.1%	$1.2B-0.1%	$1.2B-1.0%	$1.2B-0.8%	$1.2B+1.3%	$1.2B-0.1%	$1.2B
Retained Earnings	-$677.9M-1.4%	-$668.9M-1.8%	-$656.8M0.0%	-$656.7M-1.1%	-$649.7M-1.3%	-$641.6M+2.5%	-$658.0M-1.7%	-$647.0M

BBDC Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Operating Cash Flow	$161K-99.9%	$122.2M+58.8%	$76.9M-10.8%	$86.3M+121.8%	-$396.6M-81.8%	-$218.1M
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A
Financing Cash Flow	$185K+100.2%	-$101.3M+30.5%	-$145.8M-368.8%	-$31.1M-108.0%	$388.3M+34.5%	$288.6M
Dividends Paid	$125K-99.9%	$110.1M+1.0%	$109.0M+16.3%	$93.7M+75.0%	$53.6M+71.0%	$31.3M
Share Buybacks	$6K-99.9%	$6.4M-56.4%	$14.8M-54.0%	$32.1M	$0-100.0%	$7.1M

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23
Operating Cash Flow	$16.5M+131.3%	-$52.7M-580.0%	-$7.8M+82.8%	-$45.2M-132.6%	$138.3M+2727.9%	$4.9M-96.5%	$139.0M+498.7%	-$34.9M
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Financing Cash Flow	$17.5M+1189.2%	$1.4M-92.0%	$17.0M-75.8%	$70.5M+159.7%	-$118.1M-944.2%	-$11.3M+90.4%	-$118.2M-2854.8%	$4.3M
Dividends Paid	$32.6M-0.1%	$32.6M-0.1%	$32.7M+19.1%	$27.4M-0.3%	$27.5M-0.2%	$27.6M-0.3%	$27.7M-0.1%	$27.7M
Share Buybacks	$0-100.0%	$888K-38.8%	$1.5M-1.2%	$1.5M-23.0%	$1.9M+72.4%	$1.1M-71.7%	$3.9M	$0

BBDC Financial Ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	N/A	N/A	N/A	N/A	N/A	N/A
Return on Equity	N/A	9.3%-1.4pp	10.7%+10.3pp	0.4%-10.1pp	10.5%+9.3pp	1.1%
Return on Assets	N/A	4.1%-0.7pp	4.8%+4.6pp	0.2%-3.4pp	3.6%	N/A
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	N/A	0.85+0.2	0.600.0	0.60-0.4	0.97	N/A
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Equity	N/A	N/A	2.7%	N/A	N/A	3.6%	N/A	N/A
Return on Assets	N/A	N/A	1.2%	N/A	N/A	1.6%	N/A	N/A
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	1.08+0.2	0.87+0.0	0.860.0	0.85+0.0	0.840.0	0.83+0.2	0.600.0	0.60
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Similar Companies

Bain Capital Specialty Finance Inc BCSF

$888.0M

New Mountain Finance NMFC

$854.1M

Kayne Anderson BDC Inc KBDC

$950.0M

Pennantpark Floating Rate Cap PFLT

$851.3M

AllianceBernstein Glb High Inc AWF

$916.6M

Frequently Asked Questions

Is Barings Bdc Inc profitable?

Yes, Barings Bdc Inc (BBDC) reported a net income of $102K in fiscal year 2025.

What is Barings Bdc Inc's earnings per share (EPS)?

Barings Bdc Inc (BBDC) reported diluted earnings per share of $1.12 for fiscal year 2025. This represents a -9.7% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Does Barings Bdc Inc pay dividends?

Yes, Barings Bdc Inc (BBDC) paid $0.26 per share in dividends during fiscal year 2025.

What is Barings Bdc Inc's operating cash flow?

Barings Bdc Inc (BBDC) generated $161K in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

Does Barings Bdc Inc buy back shares?

Yes, Barings Bdc Inc (BBDC) spent $6K on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

How many shares does Barings Bdc Inc have outstanding?

Barings Bdc Inc (BBDC) had 105M shares outstanding as of fiscal year 2025.

Are Barings Bdc Inc's earnings high quality?

Barings Bdc Inc (BBDC) has an earnings quality ratio of 1.58x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.