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GS

Goldman Sachs BDC, Inc.

GSBDFinancial ServicesNASDAQ

Asset Management · Last scanned Jun 3, 2026

PriceMA150MA200
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Financials · Annual
Revenue
$132.1M
+67.9% YoY
Net Income
$119.3M
+89.7% YoY
Free Cash Flow
$96.3M

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About Goldman Sachs BDC, Inc.

Goldman Sachs BDC, Inc. is a business development company specializing in middle market and mezzanine investment in private companies. At a $1.03B market cap, Goldman Sachs BDC, Inc. ranks as a small-cap company within financial services. It seeks to make capital appreciation through direct originations of secured debt, senior secured debt, junior secured debt, including first lien, first lien/last-out unitranche and second lien debt, unsecured debt, including mezzanine debt and, to a lesser extent, investments in equities.

Key stats
Market Cap$1.03B
P/E (TTM)14.28
Fwd P/E8.35
EPS$0.64
Beta0.68
52W Change-19.3%
Dividend Yield10.83%
ROE5.1%
Analysis

On the balance sheet, GSBD has $41.9M in cash with $1.90B in obligations. The ability to service this debt comfortably depends on continued operational cash generation. Free cash flow comes in at $96.3M, providing flexibility for reinvestment, buybacks, or dividends. Consistent free cash flow generation is often considered a sign of operational health. ROE of 5.1% points to modest capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. ROA of 5.0% is on the lower side, which is common in asset-heavy industries. Revenue has grown from $56.6M (2022) to $132.1M (2025), reflecting a 133% increase over the period.

With a beta below 0.7, Goldman Sachs BDC, Inc. typically sees smaller price swings than the overall market, offering a degree of stability during turbulent periods. Goldman Sachs BDC, Inc. carries a heavier debt load relative to its cash position, which introduces financial risk that investors should weigh. It is important to consider these factors alongside broader market conditions and individual financial goals when reviewing GSBD.

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GSBD — Goldman Sachs BDC, Inc. Technical Analysis | Scanance