Is GBDC a good stock to buy right now?

Based on our 6-factor quantitative model, GOLUB CAPITAL BDC, Inc. (GBDC) receives a "Hold" rating with a composite score of 39.8/100. It is ranked #1,628 out of 4,446 stocks. Key factor scores: Quality 48/100, Value 30/100, Momentum 32/100. The timing signal is "Neutral". This is quantitative analysis only — not investment advice.

What is the stock rating for GBDC?

GOLUB CAPITAL BDC, Inc. (GBDC) has a "Hold" rating and 3-star score. The composite score of 39.8 ranks it #1,628 among 4,446 U.S. stocks. Ratings are updated weekly using academically-proven factor models.

What sector is GBDC in?

GOLUB CAPITAL BDC, Inc. operates in the Financials sector (Financial Services industry) with a market cap of $3.29 billion. It is classified as a mid-cap stock.

Does GBDC pay a dividend?

Yes, GBDC pays a dividend with a current yield of 12.62%. The Financials sector average yield is 2.48%. For every $1,000 invested, you would receive approximately $126.20 in annual dividend income.

What is GBDC's P/E ratio?

GBDC has a trailing P/E ratio of 13.87x. The Financials sector average is 14.9x. This below-average P/E may indicate the stock is undervalued.

How profitable is GBDC?

GBDC's quality factor score is 48/100. Gross margin: 100.0%. ROE: 6.2% vs sector average 8.5%. High margins suggest pricing power and competitive moats.

How is GBDC valued compared to peers?

GBDC's value factor score is 30/100 (higher = cheaper). Key multiples: P/E 13.9x, EV/EBITDA 6.6x. Trading at a premium relative to peers.

What is GBDC's debt level?

GBDC's debt-to-equity ratio is 125%. Sector average: 121%. Moderate leverage is normal for established companies.

GBDC has a beta of 0.55, meaning it is less volatile than the market. Stability score: 86/100.

Does GBDC have high short interest?

GBDC's short interest factor score is 13/100 (higher = less short selling). Elevated short interest may indicate bearish sentiment or short squeeze potential.

GBDC Stock Analysis: Top Mid-Cap Hold (Score 39.8/100) | Blank Capital Research

Data Series	1D	5D	1M	YTD	1Y	3Y	5Y	10Y
GBDC	+1.03%	+0.08%	+4.27%	-6.34%	-6.82%	-	-	-
Industry Proxy XLF	-1.09%	+2.50%	+1.42%	-7.30%	+10.59%	-	-	-
U.S. Market SPY	-0.07%	+3.60%	+0.34%	-0.36%	+29.52%	-	-	-
Alpha vs Market	+1.10%	-3.52%	+3.93%	-5.98%	-36.34%	-	-	-
Alpha vs Sector	+2.12%	-2.42%	+2.85%	+0.97%	-17.40%	-	-	-

Metric	GBDC	Benchmark
P/E Ratio	13.9x	-7%
EV/EBITDA	6.6x	+101%
Price / Book	0.9x

Stock Entity	Score▼	Quality	Value	Momentum	P/E Ratio	ROE	Gross Margin	Net Margin	Rev Growth	D/E Ratio	Market Cap	Compare
WTM WHITE MOUNTAINS INSURANCE GROUP LTD	63	80	79	54	8.9x	10.1%	96.3%	20.1%	1.6%	14.0x	$5.4B	VS
OPY OPPENHEIMER HOLDINGS INC	63	68	79	63	10.4x	9.9%	0.0%	6.5%	37.5%	273.0x	$959M	VS
ACT Enact Holdings, Inc.	62	81	76	52	8.7x	12.7%	88.5%	55.0%	4.2%	14.0x	$5.7B	VS
IGIC International General Insurance Holdings Ltd.	61	74	93	50	8.6x	82.6%	59.9%	25.1%	-	0.0x	$1.1B	VS
PKBK PARKE BANCORP, INC.	60	60	77	65	9.8x	10.5%	-	24.8%	20.9%	593.0x	$335M	VS
SSSS SURO CAPITAL CORP.	60	89	33	65	4.7x	30.9%	0.0%	-752.0%	-48.3%	34.0x	$290M	VS
CB Chubb Ltd	59	67	71	52	12.8x	12.5%	0.0%	16.6%	15.6%	20.0x	$128.0B	VS
RRBI RED RIVER BANCSHARES INC	59	59	69	68	15.0x	11.0%	0.0%	27.5%	13.3%	818.0x	$607M	VS
UFCS UNITED FIRE GROUP INC	59	64	78	58	9.8x	10.6%	100.0%	7.3%	17.5%	308.0x	$936M	VS
SPFI SOUTH PLAINS FINANCIAL, INC.	58	59	73	55	12.8x	11.0%	0.0%	21.7%	9.0%	807.0x	$690M	VS
GBDC GOLUB CAPITAL BDC, Inc.	40	48	30	32	13.9x	6.2%	100.0%	61.8%	9.9%	125.0x	$3.3B

Key Ratio	TTM	2026	2025	2024	2023	2022	2021
Gross Margin %	-	-	-	-	-	-	0.8%
Operating Margin %	-	-	-	-	-	-	0.5%
EBITDA Margin %	-	-	-	-	-	-	0.1%
Net Margin %	0.6%	0.7%	0.9%	0.7%	0.9%	0.8%	1.1%
FCF Margin %	-	-	-	-	-	-	54.0%
ROE %	0.1%	0.0%	0.1%	0.1%	0.1%	0.1%	0.1%
ROA %	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.1%
ROIC %	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	2.7%

Line Item	TTM	2025	2024	2023	2022	2021
	$389M	$397M	$384M	$293M	$196M	$307M
	—	—	—	—	—	$241M
Gross Margin	---	---	---	---	---	78.6%
	—	—	—	—	—	-$138M
	—	—	—	—	—	$168M
EBIT	—	—	—	—	—	$168M
EBITDA	—	—	—	—	—	$39M
Operating Margin	---	---	---	---	---	54.6%
EBITDA Margin	---	---	---	---	---	12.6%
	—	—	—	$151M	$89M	—
	—	$397M	$384M	$293M	$196M	—
Income Tax Expense	—	—	—	—	—	$0
	$244M	$377M	$274M	$259M	$153M	$340M
Net Margin	61.8%	94.9%	71.4%	88.3%	78.2%	110.8%
	$0.25	$1.42	$1.36	$1.52	$0.90	$2.03
Diluted EPS	$0.25	$1.42	$1.36	$1.52	$0.90	$2.03
Weighted Avg Basic	—	266M	201M	170M	171M	—
Weighted Avg Diluted	—	266M	201M	170M	171M	—

GOLUB CAPITAL BDC, Inc. (GBDC) Stock Analysis — April 2026 Rating, Price, and Forecast

Last updated: April 2026

Company Overview — What Does GOLUB CAPITAL BDC, Inc. Do?

Golub Capital BDC, Inc. (GBDC) is a business development company and operates as an externally managed closed-end non-diversified management investment company. It invests in debt and minority equity investments in middle-market companies that are, in most cases, sponsored by private equity investors. It typically invests in diversified consumer services, automobiles, healthcare technology, insurance, health care equipment and supplies, hotels, restaurants and leisure, healthcare providers and services, IT services and specialty retails. It seeks to invest in the United States. It primarily invests in first lien traditional senior debt, first lien one stop, junior debt and equity, senior secured, one stop, unitranche, second lien, subordinated and mezzanine loans of middle-market companies, and warrants. GOLUB CAPITAL BDC, Inc. (GBDC) is classified as a mid-cap stock in the Financials sector, specifically within the Financial Services industry. The company is led by CEO David B. Golub, headquartered in NEW YORK, New York. With a market capitalization of $3.3B, GBDC is one of the notable companies in the Financials sector.

GOLUB CAPITAL BDC, Inc. (GBDC) Stock Rating — Hold (April 2026)

As of April 2026, GOLUB CAPITAL BDC, Inc. receives a Hold rating with a composite score of 39.8/100 and 3 out of 5 stars from the Blank Capital Research quantitative model.GBDC ranks #1,628 out of 4,446 stocks in our coverage universe. Within the Financials sector, GOLUB CAPITAL BDC, Inc. ranks #499 of 891 stocks, placing it in the lower half of its Financials peers. The rating is generated by a multi-factor model that weighs quality (30%), momentum (25%), value (15%), investment (10%), stability (10%), and short interest (10%).

GBDC Stock Price and 52-Week Range

GOLUB CAPITAL BDC, Inc. (GBDC) currently trades at $12.71. The stock gained $0.13 (1.0%) in the most recent trading session. The 52-week high for GBDC is $15.63, which means the stock is currently trading -18.7% from its annual peak. The 52-week low is $11.87, putting the stock 7.1% above its annual trough. Recent trading volume was 1.8M shares, reflecting moderate market activity.

Is GBDC Overvalued or Undervalued? — Valuation Analysis

GOLUB CAPITAL BDC, Inc. (GBDC) carries a value factor score of 30/100 in the Blank Capital model, signaling premium valuation that prices in significant future growth. The trailing price-to-earnings ratio is 13.87x, compared to the Financials sector average of 14.88x — a discount of 7%. The price-to-book ratio stands at 0.86x, versus the sector average of 1.22x. The price-to-sales ratio is 8.69x, compared to 0.90x for the average Financials stock. On an enterprise value basis, GBDC trades at 6.56x EV/EBITDA, versus 3.26x for the sector.

At current multiples, GOLUB CAPITAL BDC, Inc. trades at a premium to most Financials peers. This elevated valuation may be justified if the company can sustain above-average growth rates and profitability, but it also creates downside risk if earnings disappoint expectations.

GOLUB CAPITAL BDC, Inc. Profitability — ROE, Margins, and Quality Score

GOLUB CAPITAL BDC, Inc. (GBDC) earns a quality factor score of 48/100, signaling below-average profitability metrics relative to the broader market. The return on equity (ROE) is 6.2%, compared to the Financials sector average of 8.5%, which is below typical expectations for high-quality companies. Return on assets (ROA) comes in at 2.7% versus the sector average of 1.2%.

On a margin basis, GOLUB CAPITAL BDC, Inc. reports gross margins of 100.0%. The operating margin is 64.3% (sector: 21.8%). Net profit margin stands at 61.8%, versus 17.7% for the average Financials stock. Revenue growth is running at 9.9% on a trailing basis, compared to 9.4% for the sector. Profitability is below benchmark levels, which may reflect industry headwinds, elevated reinvestment, or structural challenges.

GBDC Debt, Balance Sheet, and Financial Health

GOLUB CAPITAL BDC, Inc. has a debt-to-equity ratio of 125.0%, compared to the Financials sector average of 121.0%. Leverage is within a manageable range for the industry, though investors should monitor debt trends over time. The current ratio is 1.78x, suggesting adequate working capital coverage. Total debt on the balance sheet is $4.88B.

GBDC has a beta of 0.55, meaning it is less volatile than the S&P 500, making it a relatively defensive holding. The stability factor score for GOLUB CAPITAL BDC, Inc. is 86/100, indicating low-volatility characteristics and consistent price behavior that appeals to risk-averse investors.

GOLUB CAPITAL BDC, Inc. Revenue and Earnings History — Quarterly Trend

In TTM 2026, GOLUB CAPITAL BDC, Inc. reported revenue of $389M and earnings per share (EPS) of $0.25. Net income for the quarter was $244M.

In Q1 2026, GOLUB CAPITAL BDC, Inc. reported revenue of $96M and earnings per share (EPS) of $0.25. Net income for the quarter was $65M.

In FY 2025, GOLUB CAPITAL BDC, Inc. reported revenue of $397M and earnings per share (EPS) of $1.42. Net income for the quarter was $377M. Revenue grew 3.4% year-over-year compared to FY 2024.

In Q3 2025, GOLUB CAPITAL BDC, Inc. reported revenue of $101M and earnings per share (EPS) of $0.34. Net income for the quarter was $90M. Revenue grew 9.1% year-over-year compared to Q3 2024.

Over the past 8 quarters, GOLUB CAPITAL BDC, Inc. has demonstrated a growth trajectory, with revenue expanding from $87M to $389M. Investors analyzing GBDC stock should weigh these quarterly trends alongside the valuation and quality metrics discussed above.

GBDC Dividend Yield and Income Analysis

GOLUB CAPITAL BDC, Inc. (GBDC) currently pays a dividend yield of 12.6%. At this yield, a $10,000 investment in GBDC stock would generate approximately $$1262.00 in annual dividend income. This compares to the Financials sector average dividend yield of 2.5%, meaning GBDC offers above-average income for its sector. With a net margin of 61.8%, the dividend appears well-covered by earnings, suggesting sustainable payouts going forward.

GBDC Momentum and Technical Analysis Profile

GOLUB CAPITAL BDC, Inc. (GBDC) has a momentum factor score of 32/100, signaling weak relative price performance. Stocks with low momentum scores have historically tended to continue underperforming in the near term. The investment factor score is 29/100, which measures capital allocation efficiency and asset growth patterns. The short interest score of 13/100 signals elevated short interest, which can indicate bearish sentiment among institutional investors.

GBDC vs Competitors — Financials Sector Ranking and Peer Comparison

Within the Financials sector, GOLUB CAPITAL BDC, Inc. (GBDC) ranks #499 out of 891 stocks based on the Blank Capital composite score. This places GBDC in the lower half of all Financials stocks in our coverage universe. Key competitors and sector peers include WHITE MOUNTAINS INSURANCE GROUP LTD (WTM) with a score of 62.9/100, OPPENHEIMER HOLDINGS INC (OPY) with a score of 62.6/100, Enact Holdings, Inc. (ACT) with a score of 61.6/100, International General Insurance Holdings Ltd. (IGIC) with a score of 61.3/100, and PARKE BANCORP, INC. (PKBK) with a score of 60.4/100.

Comparing GBDC against the S&P 500 benchmark is also instructive for understanding relative performance. Investors can view the full GBDC vs S&P 500 (SPY) comparison to assess how GOLUB CAPITAL BDC, Inc. stacks up against the broader market across all factor dimensions.

GBDC Next Earnings Date

No upcoming earnings date has been announced for GOLUB CAPITAL BDC, Inc. (GBDC) at this time. Check the earnings calendar for the latest scheduling updates across all stocks in our coverage universe.

Should You Buy GBDC? — Investment Thesis Summary

GOLUB CAPITAL BDC, Inc. presents a balanced picture with arguments on both sides. The value score of 30/100 indicates premium valuation. Momentum is weak at 32/100, a headwind for near-term performance. Low volatility (stability score 86/100) reduces downside risk.

In summary, GOLUB CAPITAL BDC, Inc. (GBDC) earns a Hold rating with a composite score of 39.8/100 as of April 2026. The rating is derived from the Blank Capital Research methodology, which combines six factor dimensions into a single quantitative ranking. Investors should consider these quantitative signals alongside their own fundamental research, risk tolerance, and investment time horizon before making buy or sell decisions on GBDC stock.

Related Resources for GBDC Investors

Explore more research and tools: GBDC vs S&P 500 comparison, top Financials stocks, stock screener, our methodology, quality factor explained, value factor explained, momentum factor explained. Compare GBDC head-to-head with peers: GBDC vs WTM, GBDC vs OPY, GBDC vs ACT.

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