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GBDC Overview

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$
0.000
0.000(0.000%)
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0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

Loading chart...

High
12.870
Open
12.700
VWAP
12.71
Vol
3.52M
Mkt Cap
3.33B
Low
12.610
Amount
44.70M
EV/EBITDA(TTM)
24.62
Total Shares
263.23M
EV
8.13B
EV/OCF(TTM)
17.18
P/S(TTM)
4.26
Golub Capital BDC, Inc. is an externally managed, non-diversified closed-end management investment company. The Company's investment objective is to generate current income and capital appreciation by investing primarily in one stop and other senior secured loans of United States middle-market companies. It also selectively invests in second lien and subordinated (a loan that ranks senior only to a borrower’s equity securities and ranks junior to all of such borrower’s other indebtedness in priority of payment) loans of, and warrants and minority equity securities in, United States middle-market companies. It also invests in various sectors, which include software, healthcare providers and services, specialty retail, automobiles, diversified consumer services, insurance, healthcare technology, information technology (IT) services, commercial services and supplies, and others. The Company’s investment activities are managed by its investment adviser, GC Advisors LLC.
Show More

Events Timeline

(ET)
2025-11-18
16:12:14
Golub Capital BDC announces Q4 adjusted net investment income of 39 cents, surpassing consensus estimate of 38 cents.
select

News

CNBC
2.0
03-30CNBC
Concerns Over Private Credit Market Risks Emerge
  • Market Growth: According to Barclays, the private credit market ballooned to $1.8 trillion in the first half of 2025, up from approximately $250 billion during the financial crisis, indicating strong demand for financing among mid-sized businesses.
  • High-Risk Alerts: The bankruptcies of First Brands and Tricolor prompted JPMorgan CEO Jamie Dimon to warn of potential systemic issues in private credit, highlighting vulnerabilities within the sector.
  • Investor Structure Shift: Unlike the depositors during the 2008 crisis, the current investor base for private credit consists mainly of institutional investors such as pensions and sovereign wealth funds, which are more capable of locking up capital for extended periods, thereby reducing systemic risk.
  • Normalizing Credit Conditions: While the private credit market faces increased stress, the majority of investments are in investment-grade loans, with only a small portion in high-yield loans, suggesting that the overall stability of the market remains relatively strong.
CNBC
4.5
03-25CNBC
Private Credit Markets Face Liquidity Test Amid Rising Defaults
  • Liquidity Pressure Intensifies: Ares Management has capped investor redemptions in its $10.7 billion private credit fund at 5% after withdrawal requests surged to 11.6%, reflecting growing concerns over credit quality that could further undermine investor confidence in the sector.
  • Default Rate Warning: Morgan Stanley warns that default rates in private credit direct lending could spike to 8%, significantly above the historical average of 2-2.5%, which would have a major impact on sectors heavily reliant on high leverage, particularly in software.
  • Market Reset Signal: While rising default rates may cause pain for some funds, industry experts believe this could lead to better underwriting practices and more realistic valuations, ultimately freeing up capital for stronger businesses and promoting a healthy reset in the market.
  • Concentrated Risk Areas: The software sector accounts for approximately 26% of direct lending, and as fears of AI disruption grow, attention has shifted to this area, with some smaller issuers experiencing default rates as high as 10.9%, highlighting the vulnerability of highly leveraged borrowers.
CNBC
6.0
03-24CNBC
KKR's Fund Downgraded to Junk by Moody's Amid Rising Bad Loans
  • Credit Rating Downgrade: Moody's downgraded FS KKR Capital Corp's debt rating from Baa3 to Ba1, indicating a shift to junk status, which reflects worsening asset quality and declining profitability, leading to erosion of net asset value relative to peers.
  • Rising Bad Loans: By the end of 2025, the fund's non-accrual loans rose to 5.5%, one of the highest rates among rated business development companies, indicating increasing asset quality challenges that could impact future investment returns.
  • Investor Withdrawal Surge: Amid concerns over impending credit losses, retail investors are rushing to withdraw funds, creating liquidity pressures for the fund that may further increase borrowing costs and affect future returns.
  • Poor Financial Performance: FS KKR reported a net loss of $114 million in Q4 2025, with only $11 million in net income for the entire year, highlighting a significant decline in profitability that could undermine its competitive position in the market.
CNBC
4.5
03-23CNBC
Market Stagnation and Liquidity Risks Intensify, Warns DoubleLine CEO
  • Market Stagnation: DoubleLine Capital CEO Jeffrey Gundlach highlighted that the current market is in a trendless holding pattern, with almost no assets delivering significant returns over the past nine months, indicating a lack of investor confidence.
  • Liquidity Risk Intensification: Gundlach warned that stresses in the private credit market are deepening, particularly as investors rush for liquidity, with redemption requests far exceeding 5%, which could lead to more profound market turmoil.
  • Historical Comparison: He compared the current market environment to the period leading up to the 2008 financial crisis, noting that asset prices appear overvalued and early signs of strain are being dismissed as isolated incidents, suggesting greater risks ahead.
  • Investor Vigilance: Gundlach emphasized that retail investors will demand more in future liquidity windows, indicating increasing scrutiny on liquidity management in asset classes that have rapidly grown during low interest rate periods.
CNBC
8.5
03-23CNBC
Apollo Limits Withdrawals in Private Credit Fund Amid Investor Stress
  • Surge in Redemption Requests: Apollo's flagship private credit fund received redemption requests amounting to 11.2% of outstanding shares, significantly exceeding the 5% quarterly cap, indicating heightened investor concerns that could impact fund liquidity and investor confidence.
  • Withdrawal Cap Implementation: Despite facing redemption pressures, Apollo decided to limit this quarter's withdrawals to approximately 45% of requests, expecting to return about $730 million to investors, a move that reflects the company's commitment to long-term value creation while potentially affecting short-term liquidity.
  • Net Asset Value Fluctuation: As of February 28, the fund's net asset value per share declined by 1.2%, yet outperformed the U.S. Leveraged Loan Index, which fell by 2.2% during the same period, demonstrating relative resilience in market volatility that may attract long-term investors.
  • Competitive Industry Pressure: Unlike rivals such as Blackstone, Apollo opted to maintain the 5% redemption cap, even as others relaxed their limits to meet investor demands, a strategy that may impact its market share in the short term but underscores its cautious approach to capital management.
CNBC
2.0
03-22CNBC
Private Credit Market Faces Challenges Amid Concerns
  • Market Pressure Analysis: While there are pockets of weakness in the private credit market, financial advisor Crystal Cox asserts that the warnings of a widespread crisis are overstated, indicating that current pressures stem more from market maturation than systemic risks, suggesting investors should remain cautious but not panic.
  • Portfolio Recommendations: Cox advises individual investors to limit their exposure to private credit to about 5% of their overall portfolio, allowing them to enjoy higher returns while mitigating concentrated credit and liquidity risks, reflecting a strong emphasis on risk management.
  • Rising Default Rate Expectations: Research from Morgan Stanley predicts that default rates in direct lending will rise from 5.6% to 8%, primarily driven by the impact of artificial intelligence on the software sector, indicating that risks are intensifying in certain areas and investors need to stay alert to industry dynamics.
  • Liquidity Issues: Due to high redemption requests, some semi-liquid funds are facing challenges, and while overall private credit still offers higher yields than public debt markets, the yield gap has halved, demonstrating how changing market conditions are affecting investors.
Wall Street analysts forecast GBDC stock price to rise
4 Analyst Rating
Wall Street analysts forecast GBDC stock price to rise
4 Buy
0 Hold
0 Sell
Strong Buy
Current: 0.000
sliders
Low
14.00
Averages
15.00
High
16.00
Current: 0.000
sliders
Low
14.00
Averages
15.00
High
16.00
Keefe Bruyette
Market Perform
downgrade
$15 -> $14
AI Analysis
2026-02-06
Reason
Keefe Bruyette
Price Target
$15 -> $14
AI Analysis
2026-02-06
downgrade
Market Perform
Reason
Keefe Bruyette lowered the firm's price target on Golub Capital to $14 from $15 and keeps a Market Perform rating on the shares. Golub's deep experience should result in more favorable outcomes as AI disruption plays out, the analyst tells investors in a research note.
Wells Fargo
Finian O'Shea
Overweight
downgrade
$14 -> $13
2026-02-06
Reason
Wells Fargo
Finian O'Shea
Price Target
$14 -> $13
2026-02-06
downgrade
Overweight
Reason
Wells Fargo analyst Finian O'Shea lowered the firm's price target on Golub Capital to $13 from $14 and keeps an Overweight rating on the shares. The firm says Golub Capital's dividend announcement had "unfortunate timing but is now behind us."
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for GBDC
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Valuation Metrics

The current forward P/E ratio for Golub Capital BDC Inc (GBDC.O) is 7.33, compared to its 5-year average forward P/E of 9.44. For a more detailed relative valuation and DCF analysis to assess Golub Capital BDC Inc's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PE
9.44
Current PE
7.33
Overvalued PE
11.68
Undervalued PE
7.20

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average EV/EBITDA
0.00
Current EV/EBITDA
0.00
Overvalued EV/EBITDA
0.00
Undervalued EV/EBITDA
0.00

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
5.04
Current PS
4.32
Overvalued PS
6.49
Undervalued PS
3.58

Financials

AI Analysis
Annual
Quarterly

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Whales Holding GBDC

S
Sound Income Strategies, LLC
Holding
GBDC
-7.73%
3M Return
S
STRS Ohio
Holding
GBDC
-8.09%
3M Return
G
Generali Asset Management SGR SpA
Holding
GBDC
-8.28%
3M Return
A
Allen Investment Management, LLC
Holding
GBDC
-11.49%
3M Return
A
Ares Management LLC
Holding
GBDC
-19.27%
3M Return

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Frequently Asked Questions

What is Golub Capital BDC Inc (GBDC) stock price today?

The current price of GBDC is 12.66 USD — it has increased 0.08

What is Golub Capital BDC Inc (GBDC)'s business?

Golub Capital BDC, Inc. is an externally managed, non-diversified closed-end management investment company. The Company's investment objective is to generate current income and capital appreciation by investing primarily in one stop and other senior secured loans of United States middle-market companies. It also selectively invests in second lien and subordinated (a loan that ranks senior only to a borrower’s equity securities and ranks junior to all of such borrower’s other indebtedness in priority of payment) loans of, and warrants and minority equity securities in, United States middle-market companies. It also invests in various sectors, which include software, healthcare providers and services, specialty retail, automobiles, diversified consumer services, insurance, healthcare technology, information technology (IT) services, commercial services and supplies, and others. The Company’s investment activities are managed by its investment adviser, GC Advisors LLC.

What is the price predicton of GBDC Stock?

Wall Street analysts forecast GBDC stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for GBDC is15.00 USD with a low forecast of 14.00 USD and a high forecast of 16.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Golub Capital BDC Inc (GBDC)'s revenue for the last quarter?

Golub Capital BDC Inc revenue for the last quarter amounts to 176.50M USD, decreased -25.03

What is Golub Capital BDC Inc (GBDC)'s earnings per share (EPS) for the last quarter?

Golub Capital BDC Inc. EPS for the last quarter amounts to 0.25 USD, decreased -40.48

How many employees does Golub Capital BDC Inc (GBDC). have?

Golub Capital BDC Inc (GBDC) has 1000 emplpoyees as of April 01 2026.

What is Golub Capital BDC Inc (GBDC) market cap?

Today GBDC has the market capitalization of 3.33B USD.