Golub Capital Bdc Return on Equity (ROE) Growth & History (GBDC)
Golub Capital Bdc's return on equity was 9.42% for fiscal 2025.
View full Golub Capital Bdc company overviewGolub Capital Bdc annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-09-30 | 9.42% | +1.08 pp |
| 2024 | 2024-09-30 | 8.34% | −1.81 pp |
| 2023 | 2023-09-30 | 10.16% | +4.17 pp |
| 2022 | 2022-09-30 | 5.99% | −7.68 pp |
| 2021 | 2021-09-30 | 13.67% | — |
Golub Capital Bdc quarterly return on equity
| Fiscal quarter | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| Q3 2026 | 2026-06-30 | 1.53% | −0.71 pp |
| Q2 2026 | 2026-03-31 | −1.22% | −3.18 pp |
| Q1 2026 | 2025-12-31 | 1.65% | −1.12 pp |
| Q4 2025 | 2025-09-30 | 2.41% | +0.05 pp |
| Q3 2025 | 2025-06-30 | 2.24% | +1.96 pp |
| Q2 2025 | 2025-03-31 | 1.96% | −1.67 pp |
| Q1 2025 | 2024-12-31 | 2.77% | −0.19 pp |
| Q4 2024 | 2024-09-30 | 2.36% | −1.65 pp |
| Q3 2024 | 2024-06-30 | 0.28% | −2.63 pp |
| Q2 2024 | 2024-03-31 | 3.63% | +1.30 pp |
| Q1 2024 | 2023-12-31 | 2.96% | +1.95 pp |
| Q4 2023 | 2023-09-30 | 4.01% | +3.70 pp |
| Q3 2023 | 2023-06-30 | 2.91% | — |
| Q2 2023 | 2023-03-31 | 2.33% | — |
| Q1 2023 | 2022-12-31 | 1.01% | — |
| Q4 2022 | 2022-09-30 | 0.32% | — |
Golub Capital Bdc return on equity trends
Between the periods ended 2021-09-30 and 2025-09-30, Golub Capital Bdc's return on equity decreased from 13.67% to 9.42%, a change of −4.25 percentage points. The latest reported quarter, Q3 2026, shows 1.53%.
What return on equity (ROE) means
Return on equity (ROE) measures how much net income a company generates relative to shareholders’ equity. It can help evaluate how efficiently equity capital is used, but unusually high or negative values may reflect leverage, losses, or a small equity base.
How return on equity is calculated
TickerStat calculates ROE as SEC-reported net income divided by average stockholders’ equity at the beginning and end of the fiscal period. Periods with missing or non-positive average equity are omitted. Quarterly ROE uses quarterly net income and is not annualized. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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