GOLDMAN SACHS BDC INC (GSBD) Stock Fundamental Analysis

USA • New York Stock Exchange • NYSE:GSBD • US38147U1079

9.25 USD
-0.13 (-1.39%)
At close: Feb 5, 2026
9.26 USD
+0.01 (+0.11%)
After Hours: 2/5/2026, 8:04:00 PM
Fundamental Rating

5

Taking everything into account, GSBD scores 5 out of 10 in our fundamental rating. GSBD was compared to 238 industry peers in the Capital Markets industry. There are concerns on the financial health of GSBD while its profitability can be described as average. GSBD has a bad growth rate and is valued cheaply.


Dividend Valuation Growth Profitability Health

6

1. Profitability

1.1 Basic Checks

  • GSBD had positive earnings in the past year.
  • In the past year GSBD had a positive cash flow from operations.
  • In the past 5 years GSBD has always been profitable.
  • Of the past 5 years GSBD 4 years had a positive operating cash flow.
GSBD Yearly Net Income VS EBIT VS OCF VS FCFGSBD Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 100M 200M 300M

1.2 Ratios

  • The Return On Assets of GSBD (3.93%) is better than 60.08% of its industry peers.
  • GSBD has a Return On Equity (9.15%) which is in line with its industry peers.
  • GSBD's Return On Invested Capital of 4.69% is fine compared to the rest of the industry. GSBD outperforms 63.03% of its industry peers.
  • GSBD had an Average Return On Invested Capital over the past 3 years of 5.51%. This is in line with the industry average of 7.28%.
Industry RankSector Rank
ROA 3.93%
ROE 9.15%
ROIC 4.69%
ROA(3y)2.95%
ROA(5y)3.91%
ROE(3y)6.63%
ROE(5y)8.54%
ROIC(3y)5.51%
ROIC(5y)4.92%
GSBD Yearly ROA, ROE, ROICGSBD Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2 4 6 8 10

1.3 Margins

  • Looking at the Profit Margin, with a value of 34.72%, GSBD belongs to the top of the industry, outperforming 80.25% of the companies in the same industry.
  • GSBD's Profit Margin has declined in the last couple of years.
  • GSBD has a better Operating Margin (51.12%) than 89.50% of its industry peers.
  • In the last couple of years the Operating Margin of GSBD has remained more or less at the same level.
  • GSBD has a Gross Margin of 53.81%. This is in the better half of the industry: GSBD outperforms 62.18% of its industry peers.
  • In the last couple of years the Gross Margin of GSBD has remained more or less at the same level.
Industry RankSector Rank
OM 51.12%
PM (TTM) 34.72%
GM 53.81%
OM growth 3Y-5.28%
OM growth 5Y1.45%
PM growth 3Y-36.09%
PM growth 5Y-10%
GM growth 3Y-4.71%
GM growth 5Y1.34%
GSBD Yearly Profit, Operating, Gross MarginsGSBD Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 20 40 60 80 100

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ROAROEROICOperating and Profit MarginShow most profitable peers

3

2. Health

2.1 Basic Checks

  • GSBD has more shares outstanding than it did 1 year ago.
  • Compared to 5 years ago, GSBD has more shares outstanding
  • GSBD has a worse debt/assets ratio than last year.
GSBD Yearly Shares OutstandingGSBD Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 20M 40M 60M 80M 100M
GSBD Yearly Total Debt VS Total AssetsGSBD Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 1B 2B 3B

2.2 Solvency

  • Based on the Altman-Z score of 0.46, we must say that GSBD is in the distress zone and has some risk of bankruptcy.
  • The Altman-Z score of GSBD (0.46) is worse than 61.76% of its industry peers.
  • The Debt to FCF ratio of GSBD is 5.00, which is a neutral value as it means it would take GSBD, 5.00 years of fcf income to pay off all of its debts.
  • GSBD has a better Debt to FCF ratio (5.00) than 71.01% of its industry peers.
  • GSBD has a Debt/Equity ratio of 1.27. This is a high value indicating a heavy dependency on external financing.
  • GSBD's Debt to Equity ratio of 1.27 is on the low side compared to the rest of the industry. GSBD is outperformed by 63.87% of its industry peers.
Industry RankSector Rank
Debt/Equity 1.27
Debt/FCF 5
Altman-Z 0.46
ROIC/WACCN/A
WACCN/A
GSBD Yearly LT Debt VS Equity VS FCFGSBD Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 500M 1B 1.5B 2B

2.3 Liquidity

  • A Current Ratio of 1.34 indicates that GSBD should not have too much problems paying its short term obligations.
  • GSBD has a Current ratio of 1.34. This is in the better half of the industry: GSBD outperforms 64.29% of its industry peers.
  • GSBD has a Quick Ratio of 1.34. This is a normal value and indicates that GSBD is financially healthy and should not expect problems in meeting its short term obligations.
  • GSBD has a Quick ratio of 1.34. This is in the better half of the industry: GSBD outperforms 64.71% of its industry peers.
Industry RankSector Rank
Current Ratio 1.34
Quick Ratio 1.34
GSBD Yearly Current Assets VS Current LiabilitesGSBD Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 20M 40M 60M 80M 100M

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

3

3. Growth

3.1 Past

  • GSBD shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -25.66%.
  • Measured over the past 5 years, GSBD shows a small growth in Earnings Per Share. The EPS has been growing by 2.14% on average per year.
  • Looking at the last year, GSBD shows a very negative growth in Revenue. The Revenue has decreased by -14.05% in the last year.
  • The Revenue has been growing by 24.15% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)-25.66%
EPS 3Y4.48%
EPS 5Y2.14%
EPS Q2Q%-31.03%
Revenue 1Y (TTM)-14.05%
Revenue growth 3Y7.77%
Revenue growth 5Y24.15%
Sales Q2Q%-17.04%

3.2 Future

  • GSBD is expected to show a very negative growth in Earnings Per Share. In the coming years, the EPS will decrease by -17.40% yearly.
  • GSBD is expected to show a very negative growth in Revenue. In the coming years, the Revenue will decrease by -10.41% yearly.
EPS Next Y-31.44%
EPS Next 2Y-22.43%
EPS Next 3Y-17.4%
EPS Next 5YN/A
Revenue Next Year-15.62%
Revenue Next 2Y-13.51%
Revenue Next 3Y-10.41%
Revenue Next 5YN/A

3.3 Evolution

  • The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
GSBD Yearly Revenue VS EstimatesGSBD Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 100M 200M 300M 400M
GSBD Yearly EPS VS EstimatesGSBD Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 0.5 1 1.5 2

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Find the best growth stocksShow best growing peers

7

4. Valuation

4.1 Price/Earnings Ratio

  • A Price/Earnings ratio of 5.51 indicates a rather cheap valuation of GSBD.
  • Based on the Price/Earnings ratio, GSBD is valued cheaper than 87.39% of the companies in the same industry.
  • GSBD is valuated cheaply when we compare the Price/Earnings ratio to 27.67, which is the current average of the S&P500 Index.
  • GSBD is valuated cheaply with a Price/Forward Earnings ratio of 7.02.
  • Based on the Price/Forward Earnings ratio, GSBD is valued cheaper than 88.66% of the companies in the same industry.
  • GSBD is valuated cheaply when we compare the Price/Forward Earnings ratio to 27.20, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 5.51
Fwd PE 7.02
GSBD Price Earnings VS Forward Price EarningsGSBD Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

  • Compared to the rest of the industry, the Price/Free Cash Flow ratio of GSBD indicates a rather cheap valuation: GSBD is cheaper than 89.92% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF 2.86
EV/EBITDA N/A
GSBD Per share dataGSBD EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 2 4 6 8 10

4.3 Compensation for Growth

  • The decent profitability rating of GSBD may justify a higher PE ratio.
  • A cheap valuation may be justified as GSBD's earnings are expected to decrease with -17.40% in the coming years.
PEG (NY)N/A
PEG (5Y)2.57
EPS Next 2Y-22.43%
EPS Next 3Y-17.4%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

5

5. Dividend

5.1 Amount

  • With a Yearly Dividend Yield of 13.62%, GSBD is a good candidate for dividend investing.
  • Compared to an average industry Dividend Yield of 6.03, GSBD pays a better dividend. On top of this GSBD pays more dividend than 86.55% of the companies listed in the same industry.
  • GSBD's Dividend Yield is rather good when compared to the S&P500 average which is at 1.82.
Industry RankSector Rank
Dividend Yield 13.62%

5.2 History

  • The dividend of GSBD has a limited annual growth rate of 0.10%.
  • GSBD has been paying a dividend for at least 10 years, so it has a reliable track record.
  • GSBD has decreased its dividend in the last 3 years.
Dividend Growth(5Y)0.1%
Div Incr Years0
Div Non Decr Years2
GSBD Yearly Dividends per shareGSBD Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0.5 1 1.5

5.3 Sustainability

  • GSBD pays out 169.14% of its income as dividend. This is not a sustainable payout ratio.
  • The Dividend Rate of GSBD has been growing, while earnings will be declining. This means the dividend growth is most likely not sustainable.
DP169.14%
EPS Next 2Y-22.43%
EPS Next 3Y-17.4%
GSBD Yearly Income VS Free CF VS DividendGSBD Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 100M 200M 300M
GSBD Dividend Payout.GSBD Dividend Payout, showing the Payout Ratio.GSBD Dividend Payout.PayoutRetained Earnings

More info and screens

Find the best dividend stocksShow peers with best dividend

GOLDMAN SACHS BDC INC

NYSE:GSBD (2/5/2026, 8:04:00 PM)

After market: 9.26 +0.01 (+0.11%)

9.25

-0.13 (-1.39%)

Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)11-06
Earnings (Next)02-26
Inst Owners33.64%
Inst Owner Change-1.19%
Ins Owners0.15%
Ins Owner Change0.17%
Market Cap1.06B
Revenue(TTM)383.31M
Net Income(TTM)133.09M
Analysts48
Price Target10.26 (10.92%)
Short Float %1.86%
Short Ratio1.45
Dividend
Industry RankSector Rank
Dividend Yield 13.62%
Yearly Dividend1.74
Dividend Growth(5Y)0.1%
DP169.14%
Div Incr Years0
Div Non Decr Years2
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)0.51%
Min EPS beat(2)-5.68%
Max EPS beat(2)6.71%
EPS beat(4)1
Avg EPS beat(4)-2.02%
Min EPS beat(4)-5.68%
Max EPS beat(4)6.71%
EPS beat(8)3
Avg EPS beat(8)-0.17%
EPS beat(12)6
Avg EPS beat(12)1.63%
EPS beat(16)8
Avg EPS beat(16)2.43%
Revenue beat(2)0
Avg Revenue beat(2)-6.53%
Min Revenue beat(2)-11.03%
Max Revenue beat(2)-2.03%
Revenue beat(4)0
Avg Revenue beat(4)-5.55%
Min Revenue beat(4)-11.03%
Max Revenue beat(4)-2.03%
Revenue beat(8)1
Avg Revenue beat(8)-4.43%
Revenue beat(12)3
Avg Revenue beat(12)-3.98%
Revenue beat(16)4
Avg Revenue beat(16)-4.52%
PT rev (1m)0%
PT rev (3m)-7.82%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-2.22%
EPS NY rev (1m)0%
EPS NY rev (3m)-3.32%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-3.75%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.03%
Valuation
Industry RankSector Rank
PE 5.51
Fwd PE 7.02
P/S 2.75
P/FCF 2.86
P/OCF 2.86
P/B 0.73
P/tB 0.73
EV/EBITDA N/A
EPS(TTM)1.68
EY18.16%
EPS(NY)1.32
Fwd EY14.25%
FCF(TTM)3.23
FCFY34.93%
OCF(TTM)3.23
OCFY34.93%
SpS3.36
BVpS12.75
TBVpS12.75
PEG (NY)N/A
PEG (5Y)2.57
Graham Number21.95
Profitability
Industry RankSector Rank
ROA 3.93%
ROE 9.15%
ROCE 5.94%
ROIC 4.69%
ROICexc 4.86%
ROICexgc 4.86%
OM 51.12%
PM (TTM) 34.72%
GM 53.81%
FCFM 96.18%
ROA(3y)2.95%
ROA(5y)3.91%
ROE(3y)6.63%
ROE(5y)8.54%
ROIC(3y)5.51%
ROIC(5y)4.92%
ROICexc(3y)5.59%
ROICexc(5y)4.99%
ROICexgc(3y)5.6%
ROICexgc(5y)4.99%
ROCE(3y)6.97%
ROCE(5y)6.23%
ROICexgc growth 3Y2.08%
ROICexgc growth 5Y5.75%
ROICexc growth 3Y2.1%
ROICexc growth 5Y5.76%
OM growth 3Y-5.28%
OM growth 5Y1.45%
PM growth 3Y-36.09%
PM growth 5Y-10%
GM growth 3Y-4.71%
GM growth 5Y1.34%
F-Score6
Asset Turnover0.11
Health
Industry RankSector Rank
Debt/Equity 1.27
Debt/FCF 5
Debt/EBITDA N/A
Cap/Depr N/A
Cap/Sales N/A
Interest Coverage 1.98
Cash Conversion N/A
Profit Quality 277.01%
Current Ratio 1.34
Quick Ratio 1.34
Altman-Z 0.46
F-Score6
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)69.08%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-25.66%
EPS 3Y4.48%
EPS 5Y2.14%
EPS Q2Q%-31.03%
EPS Next Y-31.44%
EPS Next 2Y-22.43%
EPS Next 3Y-17.4%
EPS Next 5YN/A
Revenue 1Y (TTM)-14.05%
Revenue growth 3Y7.77%
Revenue growth 5Y24.15%
Sales Q2Q%-17.04%
Revenue Next Year-15.62%
Revenue Next 2Y-13.51%
Revenue Next 3Y-10.41%
Revenue Next 5YN/A
EBIT growth 1Y-24%
EBIT growth 3Y2.08%
EBIT growth 5Y25.94%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y3.85%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y3.85%
OCF growth 3YN/A
OCF growth 5YN/A

GOLDMAN SACHS BDC INC / GSBD FAQ

What is the fundamental rating for GSBD stock?

ChartMill assigns a fundamental rating of 5 / 10 to GSBD.


What is the valuation status of GOLDMAN SACHS BDC INC (GSBD) stock?

ChartMill assigns a valuation rating of 7 / 10 to GOLDMAN SACHS BDC INC (GSBD). This can be considered as Undervalued.


How profitable is GOLDMAN SACHS BDC INC (GSBD) stock?

GOLDMAN SACHS BDC INC (GSBD) has a profitability rating of 6 / 10.


Can you provide the PE and PB ratios for GSBD stock?

The Price/Earnings (PE) ratio for GOLDMAN SACHS BDC INC (GSBD) is 5.51 and the Price/Book (PB) ratio is 0.73.


How financially healthy is GOLDMAN SACHS BDC INC?

The financial health rating of GOLDMAN SACHS BDC INC (GSBD) is 3 / 10.