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Barings BDC Inc

Barings BDC Inc

BBDC · NYSE · Financial Services / Asset Management

8.59USD-0.01 (-0.12%)

Price History

Full chart

Market Stats

Previous Close8.60
Open8.62
Day Range8.54 – 8.65
52-Week Range7.44 – 9.27
Volume289.60K
Market Cap907.81M
P/E (TTM)10.57
Forward P/E7.87
EPS0.82
Dividend Yield12.06%
Beta0.67
50-Day Avg8.89
200-Day Avg8.75

About

Barings BDC, Inc. is a publicly traded Real Estate, externally managed investment company that has elected to be treated as a business development company under the Investment Company Act of 1940. It seeks to invest primarily in senior secured loans, first lien debt, unitranche, second lien debt, subordinated debt, equity co-investments and senior secured private debt investments in private middle-market companies that operate across a wide range of industries. It specializes in mezzanine, leveraged buyouts, management buyouts, ESOPs, change of control transactions, acquisition financings, growth financing, and recapitalizations in lower middle market, mature, and later stage companies. It invests in manufacturing and distribution; business services and technology; transportation and logistics; consumer product and services. It invests in United States. It invests in companies with EBITDA of $10 million to $75 million, typically in private equity sponsor backed. The firm prefers to invest in companies having maximum revenue of $200 million and having EBITDA value between $10 million and $75 million.

Company Details

Leadership

  • Mr. Eric James LloydExecutive Chairman of the Board · b. 1969
  • Mr. Thomas McDonnell CPAChief Executive Officer
  • Mr. Matthew Freund C.F.A.President & Head of North America Private Credit Portfolio Management · b. 1989
  • Ms. Elizabeth A. Murray CPACFO, COO & Principal Accounting Officer · b. 1978
  • Ms. Rosa EppersonChief Accounting Officer · b. 1987
  • Mr. Albert PerleyHead of Investor Relations & Treasurer
  • Ms. Ashlee SteinnerdChief Legal Officer · b. 1982
  • Ms. Itzbell BrancaChief Compliance Officer · b. 1977

Financials

Income Statement

Currency: USD2003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue-1.99M4.89M6.44M13.11M17.13M20.86M28.64M70.59M90.37M101.03M104.51M121.29M113.68M123.00M80.22M65.71M17.16M86.79M16.00M289.20M209.10M248.84M
Growth (%)--+146.30%+31.63%+103.40%+30.73%+21.77%+37.27%+146.52%+28.02%+11.80%+3.45%+16.05%-6.27%+8.20%-34.78%-18.09%-73.89%+405.74%-81.56%+1707.05%-27.70%+19.00%
Cost of Revenue-1.99M1.63M1.70M4.12M6.24M6.43M7.67M11.94M16.26M19.22M21.27M60.24K70.11K129.28M80.42B80.28B39.97M34.26M36.08M64.69M85.52M64.70M
Gross Profit-340.00K4.89M6.44M13.11M17.13M20.86M28.64M70.59M90.37M101.03M104.51M121.29M113.68M123.00M80.22M-80.22B-22.81M86.79M16.00M289.20M123.59M184.14M
Gross Margin-17.11%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%-122075.18%-132.93%100.00%100.00%100.00%59.10%74.00%
Operating Expense-376.72K1.72M6.44M4.24M6.51M6.81M8.49M2.80M16.29M19.26M21.32M22.90M21.08M21.51M28.80M-80.28B-31.04M9.10M-46.95M74.68M9.83M-27.82M
Operating Income41.00K-36.72K3.17M-1038.87M10.62M14.05M20.15M67.79M74.08M81.76M83.20M98.38M92.60M101.50M51.43M58.53M8.23M77.69M62.95M214.52M113.75M211.96M
Operating Margin--1.85%64.83%-0.00%67.65%62.00%67.34%70.37%96.04%81.97%80.93%79.60%81.12%81.45%82.52%64.10%89.07%47.96%89.52%393.35%74.18%54.40%85.18%
EBITDA-1.21M-36.72K1.16M-1036.43M7.79M13.72M32.98M48.04M33.04K81.80M83.24M98.44M92.67M101.56M51.45M58.53M18.39M60.42M184.82M214.52M113.75M190.88M
EBITDA Margin--1.85%23.66%-0.00%49.07%45.46%65.76%115.17%68.05%0.04%80.97%79.65%81.17%81.52%82.57%64.14%89.07%107.17%69.61%1154.83%74.18%54.40%76.71%
Net Income-1.17M-1.26M3.17M-1038.81M7.64M4.04M25.39M56.77M60.06M81.21M28.36M47.86M34.26M-28.65M-114.28M58.19M8.18M77.69M4.68M128.00M110.29M101.92M
Net Income Margin--63.49%64.83%-0.00%67.25%44.59%19.35%88.67%80.42%66.47%80.39%27.14%39.46%30.13%-23.29%-142.45%88.55%47.65%89.51%29.25%44.26%52.74%40.96%
R&D----------------0.810.250.560.030.58--
R&D as % of Total Revenue----------------0.00%0.00%0.00%0.00%0.00%--
Interest Expense001.54M1.83M2.07M4.23M6.90M7.35M10.11M16.41M20.23M21.18M26.75M26.72M29.26M23.89M26.10M19.81M33.01M56.87M84.71M85.52M85.08M
Interest Expense % of Total Revenue-0.00%31.53%28.47%15.82%24.68%33.08%25.67%14.33%18.16%20.03%20.27%22.06%23.51%23.79%29.78%39.72%115.45%38.04%355.32%29.29%40.90%34.19%

Balance Sheet

Currency: USD2003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets2.94M37.28M112.95M58.92M136.21M213.67M261.05M388.05M583.19M794.54M814.89M975.17M1.04B1.16B1.22B1.17B1.25B1.68B2.16B2.71B2.68B2.70B2.64B
Total Liabilities-18.47M32.98M33.76M42.74M122.24M131.95M207.57M248.91M377.20M369.10M444.34M530.95M548.49M581.79M604.61M681.76M959.23M1.42B1.52B1.48B1.51B1.48B
Total Equity-18.82M79.97M25.16M93.47M91.43M129.10M180.48M334.29M417.34M445.79M530.83M508.37M611.16M641.28M562.97M570.87M717.80M741.93M1.19B1.20B1.19B1.16B
Cash2.97M2.85M6.07M2.56M21.79M27.19M55.20M54.82M66.87M72.30M133.30M78.76M52.62M107.09M191.85M12.43M21.99M89.00M84.25M139.41M70.53M77.85M66.78M
Total Debt-17.70M31.80M31.80B37.01M115.11M121.91M202.46M239.24M149.50M354.01M436.90M514.05M535.16M565.80M1.14B776.35M944.00M1.37B2.18B1.44B1.45B1.43B
Net Debt-2.97M14.85M25.73M-2.56M15.22M87.92M66.71M147.64M172.37M77.20M220.70M358.14M461.43M428.07M373.95M1.13B647.16M855.00M1.29B1.31B1.37B1.37B1.36B

Cash Flow

Currency: USD2004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-20.30M-13.72M-103-47.84M-60.63M-13.37M-97.45M-118.21M-130.56M127.36M-188.25M-31.23M-23.14M7.97M-198.29M-31.50M-218.13M-396.55M86.27M76.94M117.85M160.54M
Investing Cash Flow---11.49B-41.98K-30.54K-3.19K-38.53K-37.95K-30.27K-45.14K-96.59K-57.19K-70.90K-40.51K31.50K-75.16B-262.35B-451.63B-120.88M-21.14M4.31M36.83M
Financing Cash Flow20.18M16.93M31.50K67.12M66.06M41.38M97.11M130.30M136.02M-66.31M133.80M5.15M77.68M76.84M18.83M41.07M288.63M388.32M-31.11M-145.83M-101.35M-185.10M
Capital Expenditure50041.98K30.54K3.19K38.53K37.95K30.27K45.14K96.59K57.19K70.90K40.51K00000000
Free Cash Flow-20.30M-13.72M-103-47.89M-60.66M-13.38M-97.49M-118.25M-130.59M127.31M-188.35M-31.29M-23.21M7.93M-198.29M-31.50M-218.13M-396.55M86.27M76.94M117.85M160.54M
Dividends Paid--5.00M3.72M9.24M12.32M20.91M32.37M51.79M56.74M74.29M74.75M66.48M77.07M21.07M26.93M31.33M53.56M93.73M109.00M110.05M125.25M
FCF to OCF100.00%100.00%100.00%100.09%100.05%100.02%100.04%100.03%100.02%99.96%100.05%100.18%100.31%99.49%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%
Dividend Paid to FCF---4854368.93%-7.76%-15.23%-92.11%-21.45%-27.37%-39.66%44.56%-39.44%-238.89%-286.45%972.29%-10.63%-85.47%-14.36%-13.51%108.65%141.66%93.38%78.02%

Earnings

Report DateFeb 28, 2007May 10, 2007Aug 9, 2007Nov 7, 2007Mar 12, 2008May 7, 2008Aug 5, 2008Nov 6, 2008Feb 25, 2009May 6, 2009Aug 5, 2009Nov 4, 2009Mar 10, 2010May 5, 2010Aug 4, 2010Nov 3, 2010Mar 9, 2011May 4, 2011Aug 3, 2011Nov 2, 2011Mar 7, 2012May 2, 2012Aug 1, 2012Nov 7, 2012Mar 6, 2013May 8, 2013Aug 7, 2013Nov 6, 2013Feb 26, 2014May 7, 2014Aug 6, 2014Nov 5, 2014Mar 2, 2015May 6, 2015Aug 5, 2015Nov 4, 2015Feb 24, 2016May 4, 2016Aug 3, 2016Nov 2, 2016Feb 22, 2017May 3, 2017Aug 2, 2017Nov 1, 2017Feb 28, 2018May 2, 2018Aug 1, 2018Nov 8, 2018Feb 27, 2019May 9, 2019Jul 30, 2019Oct 29, 2019Feb 27, 2020Apr 30, 2020Aug 5, 2020Nov 9, 2020Mar 23, 2021May 6, 2021Aug 5, 2021Nov 9, 2021Feb 23, 2022May 5, 2022Aug 9, 2022Nov 10, 2022Feb 23, 2023May 4, 2023Aug 9, 2023Nov 9, 2023Feb 22, 2024May 7, 2024Aug 7, 2024Nov 6, 2024Feb 20, 2025May 8, 2025Aug 7, 2025Nov 6, 2025Feb 19, 2026May 7, 2026Aug 5, 2026Nov 5, 2026
EPS Estimate-0.190.180.260.320.310.340.390.430.400.380.360.370.360.360.400.380.410.520.450.500.490.500.550.560.570.570.530.500.500.520.530.510.510.490.510.560.400.480.450.400.440.420.410.330.280.260.040.140.160.160.160.160.160.150.150.170.210.220.230.230.230.240.250.270.290.290.320.300.300.300.300.290.280.260.270.260.250.250.27
EPS Actual0.350.160.330.270.320.280.370.360.430.430.410.410.390.320.380.560.420.460.550.520.530.490.520.580.570.560.590.630.470.410.500.510.550.540.490.560.580.290.490.420.420.420.410.360.370.270.21-0.590.160.160.150.160.150.150.140.170.190.220.220.230.230.230.290.260.340.250.310.310.310.280.400.290.280.250.280.320.270.250.28-
Surprise--15.79%83.33%3.85%0.00%-9.68%8.82%-7.69%0.00%7.50%7.89%13.89%5.41%-11.11%5.56%40.00%10.53%12.20%5.77%15.56%6.00%0.00%4.00%5.45%1.79%-1.75%3.51%18.87%-6.00%-18.00%-3.85%-3.77%7.84%5.88%0.00%9.80%3.57%-27.50%2.08%-6.67%5.00%-4.55%-2.38%-12.20%12.12%-3.57%-19.23%-1575.00%14.29%0.00%-6.25%0.00%-6.25%-6.25%-6.67%13.33%11.76%4.76%0.00%0.00%0.00%0.00%20.83%4.00%25.93%-13.79%6.90%-3.13%3.33%-6.67%33.33%-3.33%-2.10%-10.71%7.69%18.52%3.85%0.00%12.00%-
Timing-Pre-marketPre-marketAfter-hours-After-hoursPre-marketAfter-hours-After-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap907.81M
Enterprise Value2.25B
Trailing P/E10.57
Forward P/E7.87
PEG Ratio3.14
Price / Sales3.41
Price / Book0.79
EPS0.82
Book Value10.94
Revenue (TTM)266.14M
Gross Profit (TTM)266.14M
EBITDA55.77M
Profit Margin32.73%
Operating Margin77.28%
Return on Equity7.50%
Return on Assets4.71%
Shares Outstanding104.71M
Shares Float95.05M
Beta0.67
Dividend Yield12.06%
Dividend Rate1.04
Payout Ratio92.86%

Analyst Ratings

Buy
Based on 5 analystsTarget 9.96
  • Strong Buy
    3
  • Buy
    1
  • Hold
    1

Ownership Breakdown

Institutions
51.78%
Insiders
0.62%
Retail / Other
47.60%

Top Institutional Holders

  • Barings LLC
    13.64M13.03%
  • Private Management Group Inc
    4.30M4.11%
  • Ares Management LLC
    4.16M3.98%
  • Cresset Asset Management, LLC
    2.32M2.22%
  • Van Eck Associates Corporation
    1.82M1.74%
  • UBS Group AG
    1.58M1.51%
  • Two Sigma Investments LLC
    1.13M1.08%
  • Morgan Stanley - Brokerage Accounts
    997.82K0.95%
  • Dimension Capital Management LLC
    985.16K0.94%
  • Franklin Templeton Inc
    970.76K0.93%
  • The Colony Group LLC
    955.18K0.91%
  • Wells Fargo & Co
    925.42K0.88%
  • Legal & General Group PLC
    850.98K0.81%
  • Muzinich & Co Inc
    714.96K0.68%
  • Sumitomo Mitsui Trust Group Inc
    577.41K0.55%
  • BlackRock Inc
    493.71K0.47%
  • GCM Grosvenor Holdings, LLC
    475.00K0.45%
  • Bank of America Corp
    447.63K0.43%

Top Fund Holders

  • VanEck BDC Income ETF
    1.79M1.71%
  • Putnam BDC Income ETF
    1.18M1.13%

Dividends

20263×
0.26Sep 2, 20260.26Jun 3, 20260.26Mar 4, 2026
20254×
0.26Dec 4, 20250.31Sep 3, 20250.05Jun 4, 20250.05Mar 5, 2025
20244×
0.26Dec 4, 20240.26Sep 4, 20240.26Jun 5, 20240.26Mar 5, 2024
20234×
0.26Dec 5, 20230.26Sep 5, 20230.25Jun 6, 20230.25Mar 7, 2023
20224×
0.24Dec 6, 20220.24Sep 6, 20220.24Jun 7, 20220.23Feb 15, 2022
20214×
0.22Nov 23, 20210.21Sep 7, 20210.20Jun 8, 20210.19Mar 9, 2021
20201×
0.17Nov 24, 2020