Franklin BSP Lending Corporation

BDVCOTCFinancial Services

$3.50

$-6.72(-65.75%)

Market Cap$814460528

P/E Ratio—

52W High$11.5091

52W Low$3.5

Avg Volume66

Open$10.47

Beta0.57

Free Cash Flow Financials Revenue

Franklin BSP Lending Corporation (BDVC) Free Cash Flow & Analysis

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

BDVC · free cash flow · updated Jun 9, 2026

Core FCF metrics

BDVC · FCF · TTM · margin & CAGR

Free cash flow was −$11.9M for FY2022 (fiscal year ending 2022-12-31), up 97.2% year-over-year The FCF margin was -12.0%.

FY2022 Free Cash Flow−$11.9M▲ +97.2% YoY

Trailing 12M (TTM)$104.8MTrailing 4Q sum · TTM positive vs latest FY negative

FCF Margin-12.0%−$11.9M ÷ revenue

3-Year CAGRN/AN/A — contains negative FCF

5-Year CAGRN/AN/A — contains negative FCF

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 9, 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

BDVC · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2022Latest−$11.9M(0M)−$11.9M▲ +97.2%-12.0%

FY2021−$427.5M(0M)−$427.5M▼ 3527.8%-193.8%

FY2020$12.5M(0M)$12.5M▲ +110.1%—

FY2019−$123.5M(0M)−$123.5M▼ 170.1%-112.8%

FY2018$176.2M(0M)$176.2M▲ +659.5%383.6%

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

FCF valuation metrics

BDVC · P/FCF · FCF yield · FCF per share

Franklin BSP Lending Corporation (BDVC) trades at a FCF yield of -1.46% and a price-to-free-cash-flow ratio of 7.1x. FCF per share stands at $0.49, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

-1.46%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$0.49

TTM FCF ÷ Shares Outstanding

Price / FCF

x7.1

Share Price ÷ FCF per Share

EV / FCF (TTM)

x-166.4

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2022 · 2022-12-31

Cash flow statement summary

BDVC · cash flow statement · operating / investing / financing

For FY2022, Franklin BSP Lending Corporation generated −$11.9M in operating cash flow and spent 0M in capital expenditures, yielding −$11.9M in free cash flow.

Operating Activities

−$11.9M

Cash from core business operations

2022-12-31

Investing Activities

+$0.0M

CapEx, acquisitions & investments

2022-12-31

Financing Activities

+$23.5M

Buybacks, dividends & debt

2022-12-31

FCF FormulaOperating CF (−$11.9M) − |CapEx| (0M) = FCF (−$11.9M)

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

View Full Cash Flow Statement →

Free cash flow vs peers (Financial Services)

BDVC vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Franklin BSP Lending CorporationYOU

BDVC

−$11.9M+97.2%-12.0%

Loss

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

Franklin BSP Lending Corporation (BDVC) reported free cash flow of −$11.9M for FY2022 (fiscal year ending 2022-12-31), up 97.2% year-over-year. The FCF margin was -12.0%.

Based on available data, Franklin BSP Lending Corporation has maintained positive free cash flow for at least 3 fiscal year(s). FCF peaked at $176.2M in FY2018.

Franklin BSP Lending Corporation's FCF yield is -1.46% and price-to-FCF ratio is 7.1x for FY2022, 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

BDVC free cash flow · 8 questions

Franklin BSP Lending Corporation free cash flow was −$11.9M for FY2022, up 97.2% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $104.8M.

BDVC free cash flowBDVC FCFBDVC FCF 2022BDVC free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Franklin BSP Lending Corporation · Franklin BSP Lending Corporation SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 9, 2026