What is Palmer Square Capital Bdc Inc.'s earnings per share (EPS)?

Palmer Square Capital Bdc Inc. (PSBD) reported diluted earnings per share of $1.66 for fiscal year 2025. This represents a -14.0% 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.

Palmer Square Capital Bdc Inc. Financials

PSBD

Source SEC Filings (10-K/10-Q) Updated Dec 31, 2025 Currency USD FYE December

This page shows Palmer Square Capital Bdc Inc. (PSBD) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 5 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

Piotroski F-Score Weak

3/9

Palmer Square Capital Bdc Inc. passes 3 of 9 financial strength tests. 2 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass.

Earnings Quality Mixed

-50.69x

For every $1 of reported earnings, Palmer Square Capital Bdc Inc. generates $-50.69 in operating cash flow ($160.7M OCF vs -$3.2M net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.

Key Financial Metrics

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Earnings & Revenue

Revenue

N/A

EBITDA

N/A

Net Income

-$3.2M

YoY-106.6%

Palmer Square Capital Bdc Inc. reported -$3.2M in net income in fiscal year 2025. This represents a decrease of 106.6% from the prior year.

EPS (Diluted)

$1.66

YoY-14.0%

Palmer Square Capital Bdc Inc. earned $1.66 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 14.0% from the prior year.

Cash & Balance Sheet

Free Cash Flow

N/A

Cash & Debt

$3.2M

YoY+16.3%

Palmer Square Capital Bdc Inc. held $3.2M in cash against $0 in long-term debt as of fiscal year 2025.

Dividends Per Share

N/A

Shares Outstanding

31M

YoY-4.1%

Palmer Square Capital Bdc Inc. had 31M shares outstanding in fiscal year 2025. This represents a decrease of 4.1% from the prior year.

Margins & Returns

Gross Margin

N/A

Operating Margin

N/A

Net Margin

N/A

Return on Equity

-0.7%

YoY-9.5pp

Palmer Square Capital Bdc Inc.'s ROE was -0.7% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 9.5 percentage points from the prior year.

Capital Allocation

R&D Spending

N/A

Share Buybacks

$18.0M

YoY+1326.1%

Palmer Square Capital Bdc Inc. spent $18.0M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents an increase of 1326.1% from the prior year.

Capital Expenditures

N/A

PSBD Income Statement

Metric	FY25	FY24	FY23	FY22	FY21
Revenue	N/A	N/A	N/A	N/A	N/A
Cost of Revenue	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	$1.9M+1.9%	$1.8M
Operating Income	N/A	N/A	N/A	-$33.4M-98.3%	-$16.9M
Interest Expense	$50.1M-13.7%	$58.0M+30.4%	$44.5M+89.7%	$23.5M+172.2%	$8.6M
Income Tax	N/A	N/A	N/A	N/A	N/A
Net Income	-$3.2M-106.6%	$47.7M-55.8%	$107.8M+244.8%	-$74.5M-490.8%	$19.1M
EPS (Diluted)	$1.66-14.0%	$1.93-14.6%	$2.26+27.0%	$1.78+21.1%	$1.47

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
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	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	N/A	$12.8M+1.4%	$12.6M-3.0%	$13.0M	N/A	$15.7M+4.5%	$15.0M+13.8%	$13.2M
Income Tax	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Income	N/A	$3.4M-53.2%	$7.2M+185.5%	-$8.4M	N/A	$7.6M+42.2%	$5.3M-76.8%	$22.9M
EPS (Diluted)	N/A	$0.430.0%	$0.43+7.5%	$0.40	N/A	$0.480.0%	$0.48-7.7%	$0.52

PSBD Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21
Total Assets	$1.2B-14.8%	$1.4B+27.6%	$1.1B+6.1%	$1.1B-13.1%	$1.2B
Current Assets	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$3.2M+16.3%	$2.8M+30.7%	$2.1M+28.2%	$1.7M+51.0%	$1.1M
Inventory	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A
Goodwill	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$755.3M-15.4%	$893.2M+35.4%	$659.9M-4.9%	$694.0M-9.2%	$764.5M
Current Liabilities	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	N/A	N/A	N/A	N/A	N/A
Total Equity	$464.1M-13.7%	$537.8M+16.4%	$462.0M+27.1%	$363.4M-19.7%	$452.8M
Retained Earnings	-$129.6M-76.7%	-$73.3M-24.8%	-$58.7M+46.8%	-$110.5M-1475.2%	$8.0M

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Total Assets	$1.2B-4.8%	$1.3B-2.5%	$1.3B-3.5%	$1.4B-4.8%	$1.4B+1.2%	$1.4B-3.1%	$1.5B+3.3%	$1.4B
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$3.2M-23.4%	$4.2M-74.4%	$16.4M+472.2%	$2.9M+3.8%	$2.8M+54.9%	$1.8M-87.9%	$14.8M+79.1%	$8.3M
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	$755.3M-4.5%	$791.1M-2.3%	$809.6M-4.4%	$847.1M-5.2%	$893.2M+2.5%	$871.6M-4.2%	$910.0M+6.6%	$854.0M
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$464.1M-5.4%	$490.4M-2.9%	$505.2M-2.1%	$515.8M-4.1%	$537.8M-0.8%	$541.9M-1.2%	$548.8M-1.7%	$558.5M
Retained Earnings	-$129.6M-16.9%	-$110.8M-10.0%	-$100.8M-6.7%	-$94.4M-28.8%	-$73.3M-5.4%	-$69.6M-12.6%	-$61.8M-19.3%	-$51.8M

PSBD Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21
Operating Cash Flow	$160.7M+180.1%	-$200.6M-1126.4%	$19.5M-22.2%	$25.1M+105.7%	-$438.0M
Capital Expenditures	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	N/A	N/A	N/A	N/A	N/A
Financing Cash Flow	-$160.2M-179.6%	$201.2M+1154.9%	-$19.1M+22.3%	-$24.6M-105.6%	$438.4M
Dividends Paid	N/A	N/A	N/A	N/A	N/A
Share Buybacks	$18.0M+1326.1%	$1.3M	$0	$0	N/A

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Operating Cash Flow	$55.7M+218.3%	$17.5M-57.3%	$41.0M-11.7%	$46.4M+35.3%	$34.3M+876.9%	$3.5M+783.6%	-$513K+99.8%	-$237.9M
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	-$56.7M-90.7%	-$29.8M-8.5%	-$27.4M+40.8%	-$46.3M-39.0%	-$33.3M-101.7%	-$16.5M-334.3%	$7.0M-97.1%	$244.0M
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	$7.6M+60.6%	$4.7M+11.5%	$4.2M+187.4%	$1.5M+92.4%	$765K+408.4%	$150K-56.5%	$346K	$0

PSBD Financial Ratios

Metric	FY25	FY24	FY23	FY22	FY21
Gross Margin	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A
Net Margin	N/A	N/A	N/A	N/A	N/A
Return on Equity	-0.7%-9.5pp	8.9%-14.5pp	23.3%+43.8pp	-20.5%-24.7pp	4.2%
Return on Assets	-0.3%-3.6pp	3.3%-6.3pp	9.6%+16.7pp	-7.0%-8.6pp	1.6%
Current Ratio	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	1.63-0.0	1.66+0.2	1.43-0.5	1.91+0.2	1.69
FCF Margin	N/A	N/A	N/A	N/A	N/A

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
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	0.7%-0.7pp	1.4%+3.0pp	-1.6%	N/A	1.4%+0.4pp	1.0%-3.1pp	4.1%
Return on Assets	N/A	0.3%-0.3pp	0.5%+1.2pp	-0.6%	N/A	0.5%+0.2pp	0.4%-1.3pp	1.6%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	1.63+0.0	1.61+0.0	1.60-0.0	1.64-0.0	1.66+0.1	1.61-0.0	1.66+0.1	1.53
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

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Frequently Asked Questions

Is Palmer Square Capital Bdc Inc. profitable?

No, Palmer Square Capital Bdc Inc. (PSBD) reported a net income of -$3.2M in fiscal year 2025.

What is Palmer Square Capital Bdc Inc.'s return on equity (ROE)?

Palmer Square Capital Bdc Inc. (PSBD) has a return on equity of -0.7% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Palmer Square Capital Bdc Inc.'s operating cash flow?

Palmer Square Capital Bdc Inc. (PSBD) generated $160.7M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Palmer Square Capital Bdc Inc.'s total assets?

Palmer Square Capital Bdc Inc. (PSBD) had $1.2B in total assets as of fiscal year 2025, including both current and long-term assets.

Does Palmer Square Capital Bdc Inc. buy back shares?

Yes, Palmer Square Capital Bdc Inc. (PSBD) spent $18.0M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

How many shares does Palmer Square Capital Bdc Inc. have outstanding?

Palmer Square Capital Bdc Inc. (PSBD) had 31M shares outstanding as of fiscal year 2025.

What is Palmer Square Capital Bdc Inc.'s debt-to-equity ratio?

Palmer Square Capital Bdc Inc. (PSBD) had a debt-to-equity ratio of 1.63 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Palmer Square Capital Bdc Inc.'s return on assets (ROA)?

Palmer Square Capital Bdc Inc. (PSBD) had a return on assets of -0.3% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Palmer Square Capital Bdc Inc.'s Piotroski F-Score?

Palmer Square Capital Bdc Inc. (PSBD) has a Piotroski F-Score of 3 out of 9, indicating weak financial health. 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 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Palmer Square Capital Bdc Inc.'s earnings high quality?

Palmer Square Capital Bdc Inc. (PSBD) has an earnings quality ratio of -50.69x, considered mixed 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.