Goldman Sachs BDC, Inc.

GSBDNYSEFinancial Services● Active

$8.91

+$0.05(+0.51%)

Market Cap$1.0B

P/E Ratio—

52W High$12.028

52W Low$8.65

Avg Volume1.4M

Open$8.84

Beta0.64

Free Cash Flow Financials Revenue

Goldman Sachs BDC, Inc. (GSBD) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

GSBD · free cash flow · updated Jun 8, 2026

Core FCF metrics

GSBD · FCF · TTM · margin & CAGR

Free cash flow was $325.7M for FY2025 (fiscal year ending 2025-12-31) The FCF margin was 134.3%. Five-year CAGR stands at +14.5%.

FY2025 Free Cash Flow$325.7M▲ +13155.3% YoY

Trailing 12M (TTM)$199.4Mtrailing 4 quarters sum

FCF Margin134.3%$325.7M ÷ revenue

3-Year CAGR+128.1%FY2022 → FY2025

5-Year CAGR+14.5%FY2020 → FY2025

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

GSBD · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$325.7M(0M)$325.7M▲ +13155.3%134.3%

FY2024$2.5M(0M)$2.5M▼ 99.2%1.3%

FY2023$300.7M(0M)$300.7M▲ +995.9%66.1%

FY2022$27.4M(0M)$27.4M▲ +191.9%20.2%

FY2021−$29.9M(0M)−$29.9M▼ 118.0%-13.0%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

GSBD · P/FCF · FCF yield · FCF per share

Goldman Sachs BDC, Inc. (GSBD) trades at a FCF yield of 19.91% and a price-to-free-cash-flow ratio of 5.2x. FCF per share stands at $1.72, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

19.91%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$1.72

TTM FCF ÷ Shares Outstanding

Price / FCF

x5.2

Share Price ÷ FCF per Share

EV / FCF (TTM)

x14.3

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31

Cash flow statement summary

GSBD · cash flow statement · operating / investing / financing

For FY2025, Goldman Sachs BDC, Inc. generated $325.7M in operating cash flow and spent 0M in capital expenditures, yielding $325.7M in free cash flow.

Operating Activities

+$325.7M

Cash from core business operations

2025-12-31

Investing Activities

+$0.0M

CapEx, acquisitions & investments

2025-12-31

Financing Activities

−$344.5M

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF ($325.7M) − |CapEx| (0M) = FCF ($325.7M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Financial Services)

GSBD vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Goldman Sachs BDC, Inc.YOU

GSBD

$325.7M+13155.3%134.3%

Berkshire Hathaway Inc.

BRK-A

$25.04B+115.6%6.7%

25%

Berkshire Hathaway Inc.

Mastercard Incorporated

$16.91B+18.2%51.6%

17%

Financial Services · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

Goldman Sachs BDC, Inc. (GSBD) reported free cash flow of $325.7M for FY2025 (fiscal year ending 2025-12-31). The FCF margin was 134.3%.

Based on available data, Goldman Sachs BDC, Inc. has maintained positive free cash flow for at least 5 fiscal year(s). FCF peaked at $325.7M in FY2025. The 5-year CAGR stands at +14.5%.

Goldman Sachs BDC, Inc.'s FCF yield is 19.91% and price-to-FCF ratio is 5.2x for FY2025, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

GSBD free cash flow · 8 questions

Goldman Sachs BDC, Inc. free cash flow was $325.7M for FY2025. On a trailing twelve-month (TTM) basis, free cash flow stands at $199.4M.

GSBD free cash flowGSBD FCFGSBD FCF 2025GSBD free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Goldman Sachs BDC, Inc. · Goldman Sachs BDC, Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026