Financial health
- Total debt ($1.2B) exceeds cash ($67M); net debt is $1.1B.
Shareholder returns
- Dividends have been paid for 6 consecutive years, consuming 122.9% of earnings.
- The dividend has grown 31.9% per year over the past 5 years.
BBDC Financials Barings Bdc, Inc.
6 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
RevenueNet income
GrossOperatingNet
Free cash flow
CashTotal debt
OperatingInvestingFinancing
Key annual figures
| FY | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| 2025 | — | $102M | — | — | — | $1.2B | $67M |
| 2024 | — | $110M | — | — | — | $1.0B | $91M |
| 2023 | — | $128M | — | — | — | $721M | $71M |
| 2022 | — | $5M | — | — | — | $719M | $139M |
| 2021 | — | $78M | — | — | — | $718M | $84M |
| 2020 | — | $8M | — | — | — | — | $92M |
RevenueNet income
GrossOperatingNet
Free cash flow
CashTotal debt
OperatingInvestingFinancing
Key quarterly figures
| Quarter | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| Mar '26 | — | $20M | — | — | — | $1.1B | $96M |
| Dec '25 | — | $25M | — | — | — | $1.2B | $67M |
| Sep '25 | — | $24M | — | — | — | $1.3B | $83M |
| Jun '25 | — | $21M | — | — | — | $1.0B | $49M |
| Mar '25 | — | $33M | — | — | — | $1.0B | $101M |
| Dec '24 | — | $25M | — | — | — | $1.0B | $91M |
| Sep '24 | — | $22M | — | — | — | $1.0B | $66M |
| Jun '24 | — | $19M | — | — | — | $1.0B | $84M |
| Mar '24 | — | $44M | — | — | — | $1.0B | $64M |
| Dec '23 | — | $30M | — | — | — | $721M | $71M |
| Sep '23 | — | $18M | — | — | — | $720M | $50M |
| Jun '23 | — | $40M | — | — | — | $720M | $80M |
| Mar '23 | — | $40M | — | — | — | $719M | $55M |
| Dec '22 | — | -$1M | — | — | — | $719M | $139M |
| Sep '22 | — | $10M | — | — | — | $719M | $137M |
| Jun '22 | — | -$25M | — | — | — | — | $198M |
| Mar '22 | — | $21M | — | — | — | — | $154M |
| Dec '21 | — | $11M | — | — | — | $718M | $84M |
Valuation over time
How the market has priced BBDC against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
- The price-to-earnings ratio has fallen from 177.6× (Mar '23) to 8.4× (Jun '26).
- The dividend yield has risen from 11.3% (Mar '23) to 14.7% (Jun '26).
P/E
Dividend yield %
Frequently asked questions
Is BBDC growing its revenue and profit?
See the revenue and net-income charts above for Barings Bdc, Inc.'s multi-year trend.
How much debt does BBDC have?
As of FY2025, Barings Bdc, Inc. reported $1.2B of total debt against $67M of cash.
What is BBDC's profit margin?
In FY2025, gross margin was —, operating margin —, and net margin —.
What is BBDC's P/E ratio?
As of Jun '26, Barings Bdc, Inc. traded at a price-to-earnings ratio of about 8.4× (market cap ÷ latest annual net income). The valuation charts above show how its P/E and dividend yield have moved with the share price. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.