YOLFTbeta
Bain Capital Specialty Finance Inc

Bain Capital Specialty Finance Inc

BCSF · NYSE · Financial Services / Asset Management

11.07USD+0.01 (+0.09%)

Price History

Full chart

Market Stats

Previous Close11.06
Open11.14
Day Range11.03 – 11.20
52-Week Range10.95 – 13.27
Volume615.97K
Market Cap718.74M
P/E (TTM)11.19
Forward P/E10.11
EPS0.99
Dividend Yield15.11%
Beta0.63
50-Day Avg12.12
200-Day Avg12.90

About

Bain Capital Specialty Finance, Inc. is business development company specializing in direct loans to middle-market companies. The fund seeks to invest in senior investments with a first or second lien on collateral, senior first lien, stretch senior, senior second lien, unitranche, mezzanine debt, junior securities, other junior investments, and secondary purchases of assets or portfolios that primarily consist of middle-market corporate debt. It typically invests in companies with EBITDA between $10 million and $150 million.

Company Details

Leadership

  • Mr. Michael Alexander EwaldChief Executive Officer · b. 1972
  • Mr. Michael BoylePresident & Director · b. 1985
  • Mr. Amit JoshiTreasurer & CFO · b. 1982
  • Ms. Caroline Willis HooperChief Compliance Officer
  • Ms. Katherine SchneiderSecretary

Financials

Income Statement

Currency: USD2016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue2.12M24.51M73.59M94.71M13.91M124.06M116.51M218.00M212.88M239.19M
Growth (%)-+1057.93%+200.27%+28.70%-85.31%+791.88%-6.09%+87.11%-2.35%+12.36%
Cost of Revenue923.61K3.71M514.04K107.76M36.34M49.56M54.24M80.01M74.69M55.31M
Gross Profit2.12M20.80M73.08M94.71M13.91M124.06M116.51M137.99M138.19M183.89M
Gross Margin100.00%84.85%99.30%100.00%100.00%100.00%100.00%63.30%64.92%76.88%
Operating Expense1.50M2.64M3.82M-3.37M5.40M4.12M-42.13M11.26M14.30M2.99M
Operating Income619.62K18.15M69.26M98.08M8.51M119.94M158.63M126.73M123.89M180.90M
Operating Margin29.27%74.07%94.11%103.56%61.18%96.68%136.16%58.13%58.20%75.63%
EBITDA619.62K22.91M50.66M98.08M8.53M92.01M158.96M126.73M123.89M183.09M
EBITDA Margin29.27%93.49%68.83%103.56%61.34%74.16%136.44%58.13%58.20%76.55%
Net Income608.98K19.30M26.64M98.08M8.28M119.81M105.48M123.38M119.42M98.76M
Net Income Margin28.77%78.75%36.21%103.56%59.51%96.57%90.54%56.59%56.10%41.29%
R&D0.70.790.290.480.050.620.450.5--
R&D as % of Total Revenue0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%--
Interest Expense10.64K3.62M24.01M66.33M63.31M51.34M52.32M80.01M74.69M80.58M
Interest Expense % of Total Revenue0.50%14.75%32.63%70.03%455.13%41.39%44.91%36.70%35.08%33.69%

Balance Sheet

Currency: USD2015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets-176.86M988.25M1.79B2.65B2.60B2.57B2.59B2.47B2.63B2.66B
Total Liabilities-66.51M481.29M789.38M1.63B1.54B1.47B1.48B1.34B1.49B1.55B
Total Equity-110.34M506.96M1.00B1.02B1.07B1.10B1.12B1.14B1.14B1.12B
Cash-66.73M140.92M15.28M37.34M54.68M117.42M59.78M49.40M53.52M58.91M
Total Debt-59.10M451.00M634.92M1.57B1.46B1.41B1.39B1.26B1.39B1.47B
Net Debt--7.63M310.08M619.64M1.54B1.40B1.30B1.33B1.21B1.34B1.41B

Cash Flow

Currency: USD2016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-100.77M-697.37M-774.25M-242.77M89.42M265.55M-316.83M125.87M112.58M29.52M
Investing Cash Flow-99.96M-708.07M-828.23M-344.65M13.48M211.06M-431.04M93.40M-139.68M-97.23M
Financing Cash Flow167.50M770.85M667.09M278.25M-76.52M-138.63M238.33M-231.43M14.25M-71.88M
Capital Expenditure0000000000
Free Cash Flow-100.77M-697.37M-774.25M-242.77M89.42M265.55M-316.83M125.87M112.58M29.52M
Dividends Paid7.76M7.76M40.97M81.25M86.25M87.81M87.80M99.43M114.28M145.82M
FCF to OCF100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%
Dividend Paid to FCF-7.70%-1.11%-5.29%-33.47%96.46%33.06%-27.71%78.99%101.50%493.89%

Earnings

Report DateNov 13, 2017Mar 16, 2018May 10, 2018Aug 10, 2018Oct 17, 2018Feb 28, 2019May 8, 2019Aug 7, 2019Nov 6, 2019Feb 26, 2020May 4, 2020Aug 5, 2020Nov 5, 2020Feb 24, 2021May 5, 2021Aug 4, 2021Nov 3, 2021Feb 23, 2022May 5, 2022Aug 3, 2022Nov 9, 2022Feb 28, 2023May 9, 2023Aug 8, 2023Nov 6, 2023Feb 27, 2024May 6, 2024Aug 6, 2024Nov 5, 2024Feb 25, 2025May 5, 2025Aug 5, 2025Nov 10, 2025Feb 26, 2026May 11, 2026Aug 10, 2026Nov 9, 2026
EPS Estimate0.000.000.000.000.360.390.410.420.410.410.400.370.340.330.340.340.340.340.340.340.350.410.400.500.540.530.550.520.500.470.470.440.450.450.420.420.44
EPS Actual0.160.160.260.370.330.400.410.410.410.410.430.370.330.330.340.340.340.340.340.410.530.370.500.600.550.510.530.510.530.520.500.470.450.460.420.44-
Surprise-----9.61%2.56%0.00%-2.38%0.00%0.00%7.50%0.00%-2.94%0.00%0.00%0.00%0.00%0.00%0.00%20.59%51.43%-9.76%25.00%20.00%1.85%-3.77%-3.64%-1.92%6.00%9.87%6.38%6.82%0.00%2.22%0.00%4.76%-
Timing-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-hours-After-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap718.74M
Enterprise Value2.11B
Trailing P/E11.19
Forward P/E10.11
PEG Ratio1.05
Price / Sales2.72
Price / Book0.66
EPS0.99
Book Value16.66
Revenue (TTM)263.96M
Gross Profit (TTM)263.96M
Profit Margin24.22%
Operating Margin80.20%
Return on Equity5.76%
Return on Assets4.61%
Shares Outstanding64.87M
Shares Float0
Beta0.63
Dividend Yield15.11%
Dividend Rate1.68
Payout Ratio79.66%

Analyst Ratings

Buy
Based on 3 analystsTarget 12.63
  • Strong Buy
    1
  • Hold
    2

Ownership Breakdown

Institutions
59.76%
Insiders
0.70%
Retail / Other
39.54%

Top Institutional Holders

  • Bain Capital Credit
    11.82M18.23%
  • Bank of America Corp
    2.74M4.22%
  • Cresset Asset Management, LLC
    2.07M3.20%
  • UBS Group AG
    1.40M2.17%
  • Two Sigma Investments LLC
    1.37M2.12%
  • Dimension Capital Management LLC
    1.22M1.89%
  • Melia Wealth LLC
    1.16M1.79%
  • Morgan Stanley - Brokerage Accounts
    1.15M1.77%
  • Van Eck Associates Corporation
    1.12M1.73%
  • Muzinich & Co Inc
    846.76K1.31%
  • Sumitomo Mitsui Trust Group Inc
    617.82K0.95%
  • Ares Management LLC
    588.47K0.91%
  • Franklin Templeton Inc
    586.00K0.90%
  • Legal & General Group PLC
    500.21K0.77%
  • SRS Capital Advisors Inc
    482.58K0.74%
  • Columbus Macro, LLC
    451.31K0.70%
  • HighTower Advisors, LLC
    373.97K0.58%
  • Hennion & Walsh Asset Management Inc
    370.14K0.57%

Top Fund Holders

  • VanEck BDC Income ETF
    1.05M1.61%
  • Putnam BDC Income ETF
    512.83K0.79%

Dividends

20263×
0.42Sep 15, 20260.42Jun 15, 20260.42Mar 16, 2026
20255×
0.15Dec 31, 20250.45Dec 16, 20250.45Sep 16, 20250.45Jun 16, 20250.45Mar 17, 2025
20244×
0.45Dec 31, 20240.45Sep 30, 20240.45Jun 28, 20240.45Mar 27, 2024
20234×
0.42Dec 28, 20230.42Sep 28, 20230.38Jun 29, 20230.38Mar 30, 2023
20224×
0.36Dec 29, 20220.34Sep 29, 20220.34Jun 29, 20220.34Mar 30, 2022
20214×
0.34Dec 30, 20210.34Sep 29, 20210.11Jun 29, 20210.11Mar 30, 2021

Stock Splits

  • May 12, 20201019:1000