Goldman Sachs BDC Past Earnings Performance

Past criteria checks 5/6

Goldman Sachs BDC has been growing earnings at an average annual rate of 21.1%, while the Capital Markets industry saw earnings growing at 13.4% annually. Revenues have been growing at an average rate of 26.8% per year. Goldman Sachs BDC's return on equity is 12.2%, and it has net margins of 43.1%.

Key information

21.1%

Earnings growth rate

6.9%

EPS growth rate

Capital Markets Industry Growth	15.2%
Revenue growth rate	26.8%
Return on equity	12.2%
Net Margin	43.1%
Next Earnings Update	07 May 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown
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How Goldman Sachs BDC makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

DB:GSB Revenue, expenses and earnings (USD Millions)
Date	Revenue	Earnings	G+A Expenses
31 Dec 23	455	196	92
30 Sep 23	446	149	79
30 Jun 23	421	90	73
31 Mar 23	387	43	65
31 Dec 22	357	55	45
30 Sep 22	335	90	45
30 Jun 22	336	136	51
31 Mar 22	343	172	51
31 Dec 21	347	192	49
30 Sep 21	342	326	49
30 Jun 21	277	321	35
31 Mar 21	224	300	27
31 Dec 20	173	176	22
30 Sep 20	129	12	19
30 Jun 20	135	-11	22
31 Mar 20	143	-30	29
31 Dec 19	147	36	29
30 Sep 19	148	26	27
30 Jun 19	149	36	29
31 Mar 19	148	37	31
31 Dec 18	147	54	36
30 Sep 18	145	67	40
30 Jun 18	141	66	41
31 Mar 18	140	53	37
31 Dec 17	137	50	36
30 Sep 17	133	43	34
30 Jun 17	133	47	35
31 Mar 17	126	50	36
31 Dec 16	125	41	34
30 Sep 16	126	36	32
30 Jun 16	125	27	30
31 Mar 16	123	38	31
31 Dec 15	118	47	33
30 Sep 15	111	49	31
30 Jun 15	97	47	27
31 Mar 15	86	41	21
31 Dec 14	73	37	16
30 Sep 14	59	43	13
30 Jun 14	46	37	10
31 Mar 14	33	26	8
31 Dec 13	23	18	6

Quality Earnings: GSB has high quality earnings.

Growing Profit Margin: GSB's current net profit margins (43.1%) are higher than last year (15.4%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: GSB's earnings have grown significantly by 21.1% per year over the past 5 years.

Accelerating Growth: GSB's earnings growth over the past year (256.1%) exceeds its 5-year average (21.1% per year).

Earnings vs Industry: GSB earnings growth over the past year (256.1%) exceeded the Capital Markets industry -7%.

Return on Equity

High ROE: GSB's Return on Equity (12.2%) is considered low.

Goldman Sachs BDC Past Earnings Performance

Past criteria checks 5/6

Key information

Recent past performance updates

Goldman Sachs BDC, Inc. to Report Q1, 2024 Results on May 07, 2024

Goldman Sachs BDC, Inc. to Report Q4, 2023 Results on Feb 28, 2024

Goldman Sachs BDC, Inc. to Report Q3, 2023 Results on Nov 07, 2023

Goldman Sachs BDC, Inc. to Report Q2, 2023 Results on Aug 03, 2023

Goldman Sachs BDC, Inc. to Report Q2, 2023 Results on Aug 03, 2023

Goldman Sachs BDC, Inc. to Report Q4, 2022 Results on Feb 23, 2023

Recent updates

Goldman Sachs BDC, Inc. to Report Q1, 2024 Results on May 07, 2024

Goldman Sachs BDC, Inc., Annual General Meeting, May 29, 2024

Goldman Sachs BDC, Inc. to Report Q4, 2023 Results on Feb 28, 2024

Goldman Sachs BDC, Inc. Announces Quarterly Dividend, Payable on January 26, 2024

Goldman Sachs BDC, Inc. to Report Q3, 2023 Results on Nov 07, 2023

Goldman Sachs BDC, Inc. Announces the Resignation of David Pessah as Treasurer and Principal Accounting Officer, Effective November 10, 2023

Goldman Sachs BDC, Inc. Announces Quarterly Dividend, Payable on October 27, 2023

Goldman Sachs BDC, Inc. to Report Q2, 2023 Results on Aug 03, 2023

Goldman Sachs BDC, Inc. to Report Q2, 2023 Results on Aug 03, 2023

Goldman Sachs BDC, Inc. Announces Quarterly Dividend, Payable on July 27, 2023

Goldman Sachs BDC, Inc. to Report Q4, 2022 Results on Feb 23, 2023

Goldman Sachs BDC, Inc. Announces Board and Committee Changes

Goldman Sachs, MSCI, and Coin Metrics Introduces Datonomy

Goldman Sachs BDC, Inc. to Report Q3, 2022 Results on Nov 03, 2022

Goldman Sachs BDC, Inc. Declares Third Quarterly Cash Dividend, payable on October 27, 2022

Goldman Sachs BDC, Inc. Declares Third Quarterly Cash Dividend, Payable on Payable on October 27, 2022

Goldman Sachs Announces Management Changes

Goldman Sachs BDC, Inc. to Report Q2, 2022 Results on Aug 04, 2022

David Yu to Resign as Executive Vice President and Head of Research of Goldman Sachs BDC, Inc., Goldman Sachs Private Middle Market Credit LLC, Goldman Sachs Private Middle Market Credit II LLC and Goldman Sachs Middle Market Lending Corp. II, Effective August 2022

Goldman Sachs Bdc, Inc., Goldman Sachs Middle Market Lending Corp. Ii, Goldman Sachs Private Middle Market Credit Ii Llc and Goldman Goldman Sachs Private Middle Market Credit Llc Announces Executive Changes, Effective on or About August 10, 2022

Goldman Sachs BDC, Inc. Declares Quarterly Cash Dividend, Payable on July 27, 2022

Goldman Sachs BDC, Inc. to Report Q1, 2022 Results on May 05, 2022

Goldman Sachs BDC, Inc., Annual General Meeting, May 18, 2022

Sachs Private Middle Market Credit LLC, Goldman Sachs BDC, Inc., Goldman Sachs Private Middle Market Credit II LLC, Goldman Sachs Middle Market Lending Corp. II Announce Executive Changes, Effective on March 7, 2022

Goldman Sachs BDC, Inc. Declares Regular First Quarter Dividend, Payable on April 27, 2022

Goldman Sachs BDC, Inc. Declares Special Distribution, Payable on March 15, 2021, June 15, 2021 and September 15, 2021

Goldman Sachs BDC, Inc. Declares a Regular Second Quarter Dividend, Payable on July 27, 2021

Goldman Sachs BDC, Inc. Announces Executive Changes

Goldman Sachs BDC, Inc. to Report Q4, 2020 Results on Feb 25, 2021

Goldman Sachs BDC, Inc. to Report Q3, 2020 Results on Nov 05, 2020

Goldman Sachs BDC, Inc. to Report Q2, 2020 Results on Aug 10, 2020

Revenue & Expenses BreakdownBeta

Earnings and Revenue History

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Return on Equity

Return on Assets

Return on Capital Employed

Revenue & Expenses Breakdown
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