Franklin BSP Cap (FRBP) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Nov 4, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q2 FY2026, filed Aug 12, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the FRBP SEC filings page.
Franklin BSP Cap Corp (FRBP) reported $402.2M in revenue over the twelve months to Jun 30, 2026, down 4.9% from the prior twelve months. This page shows its 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).
Profit is growing, but the balance sheet is increasingly debt-funded and reported earnings are barely converting into operating cash.
Cash conversion weakened sharply: net income more than doubled from FY2023 to FY2025, while operating cash flow fell from$66.1M to$6.1M . That disconnect leaves FY2025’s$104.3M net income below its$133.5M interest expense, making reported earnings a poor proxy for cash generated by operations.
In FY2024, the balance-sheet expansion leaned on liabilities: assets increased
In FY2025, net income rose
Financial Health Signals
We do not publish a peer-relative financial health score for Franklin BSP Cap Corp, because the score only covers companies whose filings and listing give us what it needs to compare them with their peers. The signals and metrics below are current.
Franklin BSP Cap Corp passes 3 of 7 computable financial strength tests (2 of the nine could not be computed from available data). 3 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), the one computable operating efficiency signal (asset turnover improving) does not pass.
Key Financial Metrics
Earnings & Revenue
Franklin BSP Cap Corp generated $96.4M in revenue in Q2 2026. This represents a decrease of 6.8% from the same quarter a year earlier. Against the prior quarter it is down 1.8%.
Franklin BSP Cap Corp reported $26.5M in net income in Q2 2026. This represents an increase of 1.4% from the same quarter a year earlier. Against the prior quarter it is up 43.6%.
Franklin BSP Cap Corp earned $0.19 per diluted share (EPS) in Q2 2026. This represents an increase of 5.6% from the same quarter a year earlier. Against the prior quarter it is up 46.2%.
Not reported for Q2 2026.
Cash & Balance Sheet
Franklin BSP Cap Corp held $35.4M in cash against $2.2B in long-term debt as of Q2 2026.
Not reported for Q2 2026.
Not reported for Q2 2026.
Margins & Returns
Franklin BSP Cap Corp's net profit margin was 27.5% in Q2 2026, showing the share of revenue converted to profit. This is up 2.2 percentage points from the same quarter a year earlier. Against the prior quarter it is up 8.7 percentage points.
Franklin BSP Cap Corp's quarterly ROE was 1.5% in Q2 2026: one quarter's net income over shareholder equity, not annualized. This is up 0.1 percentage points from the same quarter a year earlier. Against the prior quarter it is up 0.5 percentage points.
Not reported for Q2 2026.
Not reported for Q2 2026.
Capital Allocation
None of these metrics is reported for Q2 2026.
FRBP Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Revenue | $96.4M-6.8% | $98.2M-8.7% | $103.6M-2.2% | $103.9M-2.1% | $103.4M-1.2% | $107.5M+11.4% | $105.9M+339.0% | $106.2M+337.2% |
| Interest Expense | $34.0M+1.4% | $32.2M-1.1% | $33.5M+7.5% | $33.9M+7.0% | $33.5M+25.4% | $32.5M+48.9% | $31.1M+332.8% | $31.7M+338.6% |
| Net Income | $26.5M+1.4% | $18.5M-25.7% | $29.0Mn/m | $24.3M-20.5% | $26.2M-20.5% | $24.9M-5.2% | -$417K-105.4% | $30.5M+103.7% |
| EPS (Basic) | $0.19+5.6% | $0.13-23.5% | $0.21 | $0.17-19.0% | $0.18-21.7% | $0.17-29.2% | -$0.03 | $0.21 |
| EPS (Diluted) | $0.19+5.6% | $0.13-23.5% | $0.21 | $0.17-19.0% | $0.18-21.7% | $0.17-29.2% | -$0.03 | $0.21 |
| Diluted Shares (Avg) | 135M-0.4% | 135M-0.1% | N/A | 134M0.0% | 135M0.0% | 136M+33.9% | N/A | 135M |
Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, Operating Income, EBITDA, Income Tax.
FRBP Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $4.2B-2.8% | $4.2B+0.4% | $4.2B+1.9% | $4.3B+6.8% | $4.3B+15.4% | $4.2B+14.0% | $4.2B+401.3% | $4.0B+370.0% |
| Cash & Equivalents | $35.4M-66.4% | $73.2M-61.4% | $100.6M-15.5% | $108.6M-19.8% | $105.3M+63.0% | $189.9M+96.9% | $119.1M+145.4% | $135.4M+93.3% |
| Total Liabilities | $2.3B-2.4% | $2.3B+3.8% | $2.3B+6.8% | $2.4B+18.7% | $2.4B+40.1% | $2.2B+38.6% | $2.2B+495.7% | $2.0B+414.8% |
| Long-Term Debt | $2.2B-3.6% | $2.2B+3.2% | $2.2B+9.3% | $2.3B+21.5% | $2.3B+44.4% | $2.1B+43.4% | $2.1B+542.3% | $1.9B+454.2% |
| Total Equity | $1.8B-3.3% | $1.8B-3.5% | $1.8B-3.7% | $1.8B-5.3% | $1.9B-5.2% | $1.9B-5.0% | $1.9B+392.2% | $1.9B+398.5% |
| Retained Earnings | -$713.1Mn/m | -$706.3Mn/m | -$691.0Mn/m | -$665.8Mn/m | -$649.7Mn/m | -$629.2M-105490.8% | -$607.6Mn/m | -$28.6Mn/m |
Not reported in any period shown, so not listed: Current Assets, Short-Term Investments, Inventory, Accounts Receivable, Long-Term Investments, Goodwill, Current Liabilities, Non-Current Liabilities.
FRBP Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$22.5Mn/m | $50.9M-31.1% | $86.8Mn/m | $15.6Mn/m | -$170.2Mn/m | $73.8M-62.3% | -$145.5M-863.6% | -$206.3M-635.5% |
| Financing Cash Flow | -$22.1M-125.6% | -$81.9M-8971.7% | -$91.7M-174.8% | -$11.5M-104.1% | $86.1M+279.8% | $923Kn/m | $122.6Mn/m | $277.6Mn/m |
| Dividends Paid | $1K-100.0% | $25.7M-26.1% | $30.9M-10.2% | $30.8M-10.9% | $35.6M+1.7% | $34.7M+342.0% | $34.5M+336.8% | $34.5M+340.3% |
| Share Buybacks | N/A | N/A | $79Kn/m | $1.2M-33.0% | N/A | N/A | $0n/m | $1.8Mn/m |
Not reported in any period shown, so not listed: Depreciation & Amortization, Stock-Based Compensation, Capital Expenditures, Free Cash Flow, Investing Cash Flow.
FRBP Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Net Margin | 27.5%+2.2pp | 18.8%-4.3pp | 28.0%+28.4pp | 23.4%-5.4pp | 25.3%-6.2pp | 23.1%-4.0pp | -0.4%-32.2pp | 28.8%-33.0pp |
| Return on Equity | 1.5%+0.1pp | 1.0%-0.3pp | 1.6%+1.6pp | 1.3%-0.2pp | 1.4%-0.3pp | 1.3%0.0pp | 0.0%-2.0pp | 1.6%-2.3pp |
| Return on Assets | 0.6%0.0pp | 0.4%-0.2pp | 0.7%+0.7pp | 0.6%-0.2pp | 0.6%-0.3pp | 0.6%-0.1pp | 0.0%-0.9pp | 0.8%-1.0pp |
| Debt-to-Equity | 1.230.0x | 1.20+0.1x | 1.22+0.1x | 1.25+0.3x | 1.23+0.4x | 1.12+0.4x | 1.08+0.3x | 0.97+0.1x |
| Liabilities-to-Equity | 1.290.0x | 1.25+0.1x | 1.27+0.1x | 1.29+0.3x | 1.27+0.4x | 1.16+0.4x | 1.14+0.2x | 1.030.0x |
| Asset Turnover | 0.020.0x | 0.020.0x | 0.020.0x | 0.020.0x | 0.020.0x | 0.030.0x | 0.030.0x | 0.030.0x |
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Current Ratio, FCF Margin.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it. Market cap is stated at each company's latest close.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Franklin BSP Cap Corp FRBP | FY2025 | $418.5M | $104.3M | 24.9% | $976.9M | — |
| Associated Capital Grp A ACGP | FY2024 | $13.2M | $44.3M | N/A | $640.1M | — |
| Horizon Kinetics Holding HKHC | FY2025 | $72.8M | $5.1M | 7.0% | $372.9M | — |
Where Franklin BSP Cap Corp Ranks
Frequently Asked Questions
Franklin BSP Cap Corp (FRBP) reported $418.5M in total revenue for fiscal year 2025. This represents a 1.3% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
Franklin BSP Cap Corp (FRBP) revenue grew by 1.3% year-over-year, from $413.3M to $418.5M in fiscal year 2025.
Yes, Franklin BSP Cap Corp (FRBP) reported a net income of $98.3M over the trailing 12 months to June 30, 2026. In fiscal year 2025 it reported a net income of $104.3M, with a net profit margin of 24.9%.
As of fiscal year 2025, Franklin BSP Cap Corp (FRBP) had $100.6M in cash and equivalents against $2.2B in long-term debt.
Franklin BSP Cap Corp (FRBP) had a net profit margin of 24.9% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
Franklin BSP Cap Corp (FRBP) has a return on equity of 5.7% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
Franklin BSP Cap Corp (FRBP) generated $6.1M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
Franklin BSP Cap Corp (FRBP) had $4.2B in total assets as of fiscal year 2025, including both current and long-term assets.
Franklin BSP Cap Corp (FRBP) had a debt-to-equity ratio of 1.22 as of fiscal year 2025. We compute it as long-term debt divided by total shareholder equity, where long-term debt is the noncurrent part of the company's borrowings, so debt due within the next twelve months is not counted.
Franklin BSP Cap Corp (FRBP) had a liabilities-to-equity ratio of 1.27 as of fiscal year 2025, which is total liabilities divided by total shareholder equity. Total liabilities counts every obligation on the balance sheet (payables, deposits, insurance reserves and deferred taxes as well as borrowings), so this ratio usually runs well above debt-to-equity.
Franklin BSP Cap Corp (FRBP) had a return on assets of 2.5% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
Franklin BSP Cap Corp (FRBP) trades at 9.9x earnings, its market capitalization divided by $98.3M net income, trailing 12 months to June 30, 2026. The market capitalization is $976.9M as of Nov 4, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
Franklin BSP Cap Corp (FRBP) trades at 2.4x sales, its market capitalization divided by $402.2M revenue, trailing 12 months to June 30, 2026. The market capitalization is $976.9M as of Nov 4, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
Franklin BSP Cap Corp (FRBP) has a Piotroski F-Score of 3 out of 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.