Oaktree Specialty Lending Corp

OCSL · NASDAQ · Financial Services / Asset Management

12.16USD+0.00 (0.00%)

Price History

Full chart

Market Stats

Previous Close12.16

Open12.22

Day Range12.05 – 12.22

52-Week Range10.06 – 12.98

Volume244.10K

Market Cap1.07B

P/E (TTM)25.21

Forward P/E8.94

EPS0.48

Dividend Yield10.91%

Beta0.57

50-Day Avg12.54

200-Day Avg12.23

About

Oaktree Specialty Lending Corporation is a business development company. The fund specializing in investments in middle market, bridge financing, first and second lien debt financing, unsecured and mezzanine loan, mezzanine debt, senior and junior secured debt, expansions, sponsor-led acquisitions, preferred equity, and management buyouts in small and mid-sized companies. It seeks to invest in education services, business services, retail and consumer, healthcare, manufacturing, food and restaurants, construction and engineering. The firm also seeks investment in media, advertising sectors, software, IT services, pharmaceuticals, biotechnology, real estate management and development, chemicals, machinery, and internet and direct marketing retail sectors. It invests between $5 million to $75 million principally in the form of one-stop, first lien, and second lien debt investments, which may include an equity co-investment component in companies. The firm invest in companies having enterprise value between $20 million and $150 million and EBITDA between $3 million and $50 million. The fund has a hold size of up to $75 million and may underwrite transactions up to $100 million. It primarily invests in North America. The fund seeks to be a lead investor in its portfolio companies.

Company Details

SectorFinancial Services
IndustryAsset Management
CEOMr. Armen Panossian J.D.
Employees0
Headquarters333 South Grand Avenue, Los Angeles, CA, United States, 90071, USA
Websitehttps://www.oaktreespecialtylending.com

Leadership

Mr. Armen Panossian J.D.CEO & Co-Chief Investment Officer · b. 1976
Mr. Mathew M. PendoPresident · b. 1964
Dr. Aman Kumar M.D.Managing Director & Co-Portfolio Manager of Life Sciences Direct Lending · b. 1981
Mr. Christopher McKownCFO & Treasurer · b. 1982
Mr. Brett McKeoneChief Operating Officer
Mr. Raghav KhannaCo-Chief Investment Officer · b. 1984
Mr. Dane KlevenSenior VP & Head of Investor Relations
Ms. Mary Gallegly J.D.MD,General Counsel & Secretary
Ms. Ashley PakChief Compliance Officer · b. 1978
Mr. Sandeep Kumar KhoranaManaging Director of Origination · b. 1973

Financials

Income Statement

Currency: USD	2008-09-30	2009-09-30	2010-09-30	2011-09-30	2012-09-30	2013-09-30	2014-09-30	2015-09-30	2016-09-30	2017-09-30	2018-09-30	2019-09-30	2020-09-30	2021-09-30	2022-09-30	2023-09-30	2024-09-30	2025-09-30
Total Revenue	33.28M	24.02M	49.83M	110.03M	141.87M	111.10M	125.24M	29.09M	247.87M	177.96M	57.31M	127.13M	52.31M	248.31M	39.11M	125.20M	186.23M	299.70M
Growth (%)	-	-27.82%	+107.42%	+120.81%	+28.94%	-21.69%	+12.72%	-76.78%	+752.20%	-28.20%	-67.79%	+121.81%	-58.85%	+374.63%	-84.25%	+220.11%	+48.74%	+60.93%
Cost of Revenue	917.04K	17.83M	25.59M	44.38M	55.44M	73.19M	99.92M	84.27M	291.48M	361.64M	120.00K	50.32M	39.26M	71.40M	55.66M	-223.56M	128.62M	38.33M
Gross Profit	32.36M	24.02M	49.83M	110.03M	141.87M	111.10M	125.24M	29.09M	-43.61M	-183.67M	57.20M	127.13M	52.31M	248.31M	39.11M	125.20M	57.61M	261.37M
Gross Margin	97.24%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	-17.59%	-103.21%	99.79%	100.00%	100.00%	100.00%	100.00%	100.00%	30.94%	87.21%
Operating Expense	29.11M	17.19M	25.48M	64.68M	39.23M	-24.19M	-38.76M	-42.96M	-31.67M	-36.64M	-25.92M	-43.00K	14.86M	7.46M	-40.68M	-55.57M	-185.00K	110.35M
Operating Income	3.26M	6.83M	24.35M	45.34M	102.65M	135.29M	164.00M	72.05M	-11.94M	-147.03M	83.11M	127.17M	37.45M	240.84M	79.79M	180.78M	57.80M	151.02M
Operating Margin	9.79%	28.43%	48.86%	41.21%	72.35%	121.77%	130.95%	247.71%	-4.81%	-82.62%	145.01%	100.03%	71.59%	96.99%	204.00%	144.38%	31.03%	50.39%
EBITDA	20.21M	6.83M	24.35M	45.34M	102.65M	135.29M	164.00M	72.05M	-11.94M	-147.03M	83.11M	127.17M	37.45M	126.32M	216.04M	180.78M	57.80M	151.02M
EBITDA Margin	60.71%	28.43%	48.86%	41.21%	72.35%	121.77%	130.95%	247.71%	-4.81%	-82.62%	145.01%	100.03%	71.59%	50.87%	552.34%	144.38%	31.03%	50.39%
Net Income	3.26M	6.19M	22.42M	30.21M	79.40M	101.82M	112.53M	15.39M	-66.56M	-196.97M	46.76M	126.16M	39.22M	237.26M	29.22M	117.33M	57.91M	33.92M
Net Income Margin	9.79%	25.78%	44.99%	27.45%	55.97%	91.64%	89.85%	52.93%	-26.85%	-110.68%	81.59%	99.24%	74.98%	95.55%	74.71%	93.71%	31.09%	11.32%
R&D	-	-	-	-	-	-	-	-	0.54	31.86	2.01	0.75	0.29	1.02	0.12	0.34	-	-
R&D as % of Total Revenue	-	-	-	-	-	-	-	-	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-	-
Interest Expense	917.04K	636.90K	1.93M	15.14M	23.25M	33.47M	51.47M	56.65M	54.62M	49.94M	35.73M	32.43M	26.29M	30.52M	46.93M	111.64M	128.62M	115.84M
Interest Expense % of Total Revenue	2.76%	2.65%	3.87%	13.76%	16.38%	30.12%	41.09%	194.78%	22.04%	28.06%	62.34%	25.51%	50.25%	12.29%	119.98%	89.17%	69.06%	38.65%

Balance Sheet

Currency: USD	2007-09-30	2008-09-30	2009-09-30	2010-09-30	2011-09-30	2012-09-30	2013-09-30	2014-09-30	2015-09-30	2016-09-30	2017-09-30	2018-09-30	2019-09-30	2020-09-30	2021-09-30	2022-09-30	2023-09-30	2024-09-30	2025-09-30

Currency: USD	2007-09-30	2008-09-30	2009-09-30	2010-09-30	2011-09-30	2012-09-30	2013-09-30	2014-09-30	2015-09-30	2016-09-30	2017-09-30	2018-09-30	2019-09-30	2020-09-30	2021-09-30	2022-09-30	2023-09-30	2024-09-30	2025-09-30
Total Assets	107.33M	299.15M	415.89M	651.93M	1.21B	1.39B	2.07B	2.67B	2.59B	2.35B	1.62B	1.55B	1.48B	1.64B	2.64B	2.65B	3.22B	3.20B	3.00B
Total Liabilities	514.00K	4.81M	5.33M	82.75M	481.09M	485.43M	703.46M	1.19B	1.23B	1.21B	748.39M	693.42M	550.41M	725.83M	1.32B	1.40B	1.70B	1.71B	1.54B
Total Equity	106.82M	294.34M	410.56M	569.17M	728.63M	903.57M	1.37B	1.48B	1.35B	1.14B	867.66M	858.03M	930.63M	914.88M	1.31B	1.25B	1.52B	1.49B	1.47B
Cash	17.65M	22.91M	113.21M	76.77M	67.64M	74.39M	143.29M	86.73M	138.38M	117.92M	53.02M	13.38M	15.41M	39.10M	29.33M	23.53M	136.45M	63.97M	79.63M
Total Debt	-	-	-	73.00B	598.02M	466.25M	646.00M	1.15B	1.20B	1.78B	1.09B	637.21M	631.91M	709.32M	1.27B	1.30B	1.60B	1.64B	1.49B
Net Debt	-	-22.91M	-113.21M	-76.77M	530.38M	391.86M	502.71M	1.07B	1.06B	1.04B	622.35M	623.83M	457.96M	670.22M	1.24B	1.28B	1.46B	1.57B	1.41B

Cash Flow

Currency: USD	2008-09-30	2009-09-30	2010-09-30	2011-09-30	2012-09-30	2013-09-30	2014-09-30	2015-09-30	2016-09-30	2017-09-30	2018-09-30	2019-09-30	2020-09-30	2021-09-30	2022-09-30	2023-09-30	2024-09-30	2025-09-30
Operating Cash Flow	-179.38M	-19.68M	-239.16M	-517.92M	-91.56M	-461.66M	-546.34M	146.19M	164.76M	486.90M	53.51M	215.82M	-152.88M	-230.52M	22.39M	228.76M	19.08M	142.40M
Investing Cash Flow	-202.40B	-61.81B	-325.22B	-703.41M	-519.50M	-1.22B	-1.26B	-675.92M	-578.87M	-644.23M	-755.74M	-	-	-	-	-	-	85.98M
Financing Cash Flow	184.63M	109.97M	202.72M	508.80M	96.97M	532.19M	489.78M	-94.55M	-185.21M	-557.35M	-99.93M	-214.11M	176.33M	224.19M	-26.82M	-110.41M	-86.77M	-229.35M
Capital Expenditure	3	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Free Cash Flow	-179.38M	-19.68M	-239.16M	-517.92M	-91.56M	-461.66M	-546.34M	146.19M	164.76M	486.90M	53.51M	215.82M	-152.88M	-230.52M	22.39M	228.76M	19.08M	142.40M
Dividends Paid	8.87M	27.14M	41.82M	76.70M	91.87M	115.44M	132.47M	114.69M	100.26M	62.52M	54.97M	52.22M	53.10M	79.85M	115.25M	180.05M	176.81M	148.20M
FCF to OCF	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Dividend Paid to FCF	-4.95%	-137.91%	-17.49%	-14.81%	-100.33%	-25.01%	-24.25%	78.45%	60.85%	12.84%	102.74%	24.20%	-34.73%	-34.64%	514.61%	78.70%	926.89%	104.07%

Earnings

Report Date	Aug 7, 2008	Dec 10, 2008	Feb 5, 2009	May 6, 2009	Aug 5, 2009	Dec 9, 2009	Feb 9, 2010	May 5, 2010	Aug 4, 2010	Dec 2, 2010	Jan 31, 2011	May 4, 2011	Aug 3, 2011	Nov 29, 2011	Feb 8, 2012	May 8, 2012	Aug 8, 2012	Nov 28, 2012	Feb 6, 2013	May 8, 2013	Aug 7, 2013	Nov 25, 2013	Feb 6, 2014	May 8, 2014	Aug 7, 2014	Dec 1, 2014	Feb 9, 2015	May 11, 2015	Aug 10, 2015	Dec 1, 2015	Feb 9, 2016	May 10, 2016	Aug 9, 2016	Nov 29, 2016	Feb 9, 2017	May 10, 2017	Aug 9, 2017	Nov 29, 2017	Feb 8, 2018	May 8, 2018	Aug 8, 2018	Nov 29, 2018	Feb 7, 2019	May 8, 2019	Aug 7, 2019	Nov 20, 2019	Feb 6, 2020	May 7, 2020	Aug 10, 2020	Nov 19, 2020	Feb 4, 2021	May 6, 2021	Aug 5, 2021	Nov 16, 2021	Feb 3, 2022	May 5, 2022	Aug 4, 2022	Nov 15, 2022	Feb 7, 2023	May 4, 2023	Aug 3, 2023	Nov 14, 2023	Feb 1, 2024	Apr 30, 2024	Aug 1, 2024	Nov 19, 2024	Feb 4, 2025	May 1, 2025	Aug 5, 2025	Nov 18, 2025	Feb 4, 2026	May 5, 2026	Aug 5, 2026	Nov 17, 2026
EPS Estimate	0.96	0.86	1.00	0.97	1.04	0.78	0.68	0.80	0.78	0.65	0.77	0.83	0.78	0.79	0.84	0.78	0.79	0.81	0.83	0.85	0.83	0.78	0.75	0.79	0.79	0.78	0.78	0.63	0.58	0.59	0.55	0.53	0.54	0.55	0.54	0.45	0.40	0.40	0.31	0.28	0.31	0.32	0.32	0.35	0.36	0.35	0.35	0.31	0.33	0.36	0.39	0.41	0.41	0.45	0.50	0.51	0.54	0.55	0.61	0.63	0.63	0.63	0.61	0.58	0.56	0.56	0.54	0.49	0.45	0.39	0.38	0.37	0.36	0.34
EPS Actual	1.05	0.96	1.08	0.99	1.05	0.78	0.66	0.78	0.78	0.63	0.78	0.81	0.72	0.75	0.81	0.78	0.72	0.78	0.57	0.81	0.75	0.69	0.78	0.75	0.75	0.75	0.69	0.57	0.63	0.54	0.54	0.54	0.60	0.54	0.48	0.39	0.42	0.24	0.27	0.33	0.30	0.36	0.36	0.39	0.36	0.36	0.30	0.48	0.36	0.51	0.21	0.42	0.57	0.48	0.51	0.54	0.51	0.54	0.61	0.62	0.62	0.62	0.57	0.56	0.54	0.55	0.54	0.45	0.37	0.40	0.41	0.38	0.37	-
Surprise	9.38%	11.63%	8.00%	2.06%	0.96%	0.00%	-2.94%	-2.50%	0.00%	-3.08%	1.30%	-2.41%	-7.69%	-5.06%	-3.57%	0.00%	-8.86%	-3.70%	-31.33%	-4.71%	-9.64%	-11.54%	4.00%	-5.06%	-5.06%	-3.85%	-11.54%	-9.52%	8.62%	-8.47%	-1.82%	1.89%	11.11%	-1.82%	-11.11%	-13.33%	5.00%	-40.00%	-12.90%	17.86%	-3.23%	12.50%	12.50%	11.43%	0.00%	2.86%	-14.29%	54.84%	9.09%	41.67%	-46.15%	2.44%	39.02%	6.67%	2.00%	5.88%	-5.56%	-1.82%	0.00%	-1.59%	-1.59%	-1.59%	-6.56%	-3.45%	-3.57%	-1.79%	0.00%	-8.16%	-17.78%	2.56%	7.89%	2.70%	2.78%	-
Timing	Pre-market	-	After-hours	After-hours	After-hours	-	After-hours	After-hours	After-hours	-	After-hours	After-hours	After-hours	-	After-hours	After-hours	After-hours	-	After-hours	After-hours	After-hours	After-hours	-	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	After-hours	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market

Key Statistics & Ratios

Market Cap1.07B

Enterprise Value2.47B

Trailing P/E25.21

Forward P/E8.94

PEG Ratio0.93

Price / Sales3.65

Price / Book0.77

EPS0.48

Book Value15.70

Revenue (TTM)292.23M

Gross Profit (TTM)292.23M

Profit Margin14.45%

Operating Margin81.60%

Return on Equity2.95%

Return on Assets5.19%

Shares Outstanding88.09M

Shares Float0

Beta0.57

Dividend Yield10.91%

Dividend Rate1.32

Payout Ratio94.23%

Analyst Ratings

Hold

Based on 6 analystsTarget 12.50

Strong Buy
1
Hold
5

Ownership Breakdown

Institutions: 50.62%
Insiders: 0.30%
Retail / Other: 49.08%

Top Institutional Holders

Private Management Group Inc
3.72M4.22%
Morgan Stanley - Brokerage Accounts
2.56M2.91%
Bruni J V & Co
2.47M2.81%
Ares Management LLC
2.20M2.50%
Generali Asset Management SPA SGR
2.08M2.36%
Oaktree Capital Management LLC
1.85M2.10%
Van Eck Associates Corporation
1.70M1.93%
Claret Asset Management Corporation
1.67M1.90%
UBS Group AG
1.37M1.55%
Melia Wealth LLC
1.24M1.41%
Legal & General Group PLC
685.01K0.78%
Royal Bank of Canada
479.66K0.54%
Beach Point Capital Management LP
453.52K0.51%
BlackRock Inc
341.86K0.39%
Two Sigma Investments LLC
340.28K0.39%
Muzinich & Co Inc
334.74K0.38%

Top Fund Holders

VanEck BDC Income ETF
1.73M1.97%
Putnam BDC Income ETF
665.14K0.76%
Accelerate Divers Crdt Inc ETF
343.03K0.39%
iShares Listed Private Eq ETF USD Dist
336.77K0.38%

Dividends

20263×

0.33Sep 15, 20260.34Jun 15, 20260.40Mar 16, 2026

20254×

0.40Dec 15, 20250.40Sep 15, 20250.42Jun 16, 20250.47Mar 17, 2025

20244×

0.55Dec 16, 20240.55Sep 16, 20240.55Jun 14, 20240.55Mar 14, 2024

20234×

0.62Dec 14, 20230.55Sep 14, 20230.55Jun 14, 20230.55Mar 14, 2023

20224×

0.96Dec 14, 20220.51Sep 14, 20220.49Jun 14, 20220.48Mar 14, 2022

20214×

0.47Dec 14, 20210.43Sep 14, 20210.39Jun 14, 20210.36Mar 12, 2021

20201×

0.33Dec 14, 2020

Stock Splits

Jan 23, 20231:3