Bain Capital Specialty Finance, Inc.

BCSFNYSEFinancial Services● Active

$12.85

+$0.06(+0.47%)

Market Cap$833560315

P/E Ratio—

52W High$16

52W Low$11.82

Avg Volume436K

Open$12.89

Beta0.63

Overview

Bain Capital Specialty Finance, Inc. (BCSF) Free Cash Flow & Analysis

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

BCSF · free cash flow · updated Jun 8, 2026

Core FCF metrics

BCSF · FCF · TTM · margin & CAGR

Free cash flow was $29.5M for FY2025 (fiscal year ending 2025-12-31), down 73.8% year-over-year The FCF margin was 12.3%. Five-year CAGR stands at -17.2%.

FY2025 Free Cash Flow$29.5M▼ -73.8% YoY

Trailing 12M (TTM)$90.7Mtrailing 4 quarters sum

FCF Margin12.3%$29.5M ÷ revenue

3-Year CAGR-36.3%FY2022 → FY2025

5-Year CAGR-17.2%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

BCSF · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$29.5M(0M)$29.5M▼ 73.8%12.3%

FY2024$112.6M(0M)$112.6M▼ 10.6%52.9%

FY2023$125.9M(0M)$125.9M▲ +10.2%57.7%

FY2022$114.2M(0M)$114.2M▲ +109.6%67.7%

FY2021$54.5M(0M)$54.5M▼ 28.2%31.1%

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

FCF valuation metrics

BCSF · P/FCF · FCF yield · FCF per share

Bain Capital Specialty Finance, Inc. (BCSF) trades at a FCF yield of 10.84% and a price-to-free-cash-flow ratio of 9.2x. FCF per share stands at $1.40, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

10.84%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$1.40

TTM FCF ÷ Shares Outstanding

Price / FCF

x9.2

Share Price ÷ FCF per Share

EV / FCF (TTM)

x24.9

Enterprise Value basis

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

Cash flow statement summary

BCSF · cash flow statement · operating / investing / financing

For FY2025, Bain Capital Specialty Finance, Inc. generated $29.5M in operating cash flow and spent 0M in capital expenditures, yielding $29.5M in free cash flow.

Operating Activities

+$29.5M

Cash from core business operations

2025-12-31

Investing Activities

+$0.0M

CapEx, acquisitions & investments

2025-12-31

Financing Activities

−$71.9M

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF ($29.5M) − |CapEx| (0M) = FCF ($29.5M)

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

View Full Cash Flow Statement →

Free cash flow vs peers (Financial Services)

BCSF vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Bain Capital Specialty Finance, Inc.YOU

BCSF

$29.5M-73.8%12.3%

Berkshire Hathaway Inc.

BRK-B

$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

Bain Capital Specialty Finance, Inc. (BCSF) reported free cash flow of $29.5M for FY2025 (fiscal year ending 2025-12-31), down 73.8% year-over-year. The FCF margin was 12.3%.

Based on available data, Bain Capital Specialty Finance, Inc. has maintained positive free cash flow for at least 7 fiscal year(s). FCF peaked at $125.9M in FY2023. The 5-year CAGR stands at -17.2%.

Bain Capital Specialty Finance, Inc.'s FCF yield is 10.84% and price-to-FCF ratio is 9.2x 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

BCSF free cash flow · 8 questions

Bain Capital Specialty Finance, Inc. free cash flow was $29.5M for FY2025, down 73.8% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $90.7M.

BCSF free cash flowBCSF FCFBCSF FCF 2025BCSF free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Bain Capital Specialty Finance, Inc. · Bain Capital Specialty Finance, Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026