Kayne Anderson BDC, Inc.

NYSE•KBDC

CEO: N/A

Sector: Financial Services

Industry: Asset Management

Listing Date:

N/A

Contact Information

N/A

Market Cap

$932.92M

P/E (TTM)

10.2

Dividend Yield

12.5%

52W High

$16.98

52W Low

$13.06

52W Range

15%

Rank36Top 31.8%

4.5

F-Score

Modified Piotroski Analysis

Based on 4-year fundamentals

Average • 4.5 / 9 points

Scoring Range (0-9)

8-9: Excellent Value

6-7: Strong Fundamentals

4-5: Average Quality

0-3: Weak Performance

Data Period: 2022-2025

Financial Dashboard

Q4 2025 Data

Revenue

$61.29M+0.00%

4-Quarter Trend

EPS

$0.32+0.00%

4-Quarter Trend

FCF

$32.67M+0.00%

4-Quarter Trend

2025 Annual Earnings Highlights

Key Highlights

Investment Income Increased Total investment income reached $235.8M for 2025, showing 10.7% growth over 2024 results.

Portfolio Heavily Floating Rate Debt investments are 95.7% floating rate; 93.2% of portfolio is first lien senior secured debt.

Share Repurchase Program Active Repurchased $48.0M in common stock during 2025; $59.9M remains available under the 10b5-1 Plan.

Risk Factors

Net Investment Income Declined NII decreased 9.1% to $117.6M in 2025, driven by rising interest and debt financing expenses.

Increased Leverage and Debt Costs Total debt increased to $1.13B by year-end 2025; interest expense rose 24.2% to $76.4M.

NAV Per Share Decreased Net Asset Value per share fell to $16.32 USD as of December 31, 2025, down from $16.70 USD.

Reliance on External Advisor Success heavily depends on Advisor/Administrator relationships; potential conflicts of interest exist regarding fee structures.

Outlook

Advisory Agreement Extended Investment Advisory Agreement term extended through March 15, 2027; Administration Agreement extended through March 2027.

Credit Facility Maturity Extended Revolving Funding Facility maturity extended to February 20, 2031; interest rate reduced to SOFR plus 1.95%.

Maintain BDC/RIC Qualification Intends to maintain RIC status by meeting distribution requirements, avoiding corporate-level federal income tax.

Peer Comparison

Revenue (TTM)

VRTS

$830.59M

-8.0%

NMFC

$370.24M

+12.3%

GSBD

$304.84M

+58.4%

Gross Margin (Latest Quarter)

MFIC

193.4%

-1.5pp

SLRC

156.7%

+2.2pp

VRTS

151.5%

+0.8pp

Key Metrics

Symbol	Market Cap	P/E (TTM)	ROE (TTM)	Debt to Assets
CSWC	$1.29B	12.0	11.2%	19.6%
GSBD	$1.04B	8.8	8.0%	55.5%
TRIN	$999.16M	8.2	14.1%	52.8%

Long-Term Trends

Last 4 Quarters

Revenue

Net Income

Operating Cash Flow

4Q Revenue CAGR

15.6%

Strong Growth

4Q Net Income CAGR

-0.4%

Stable Profitability

Cash Flow Stability

100%

Strong Cash Flow

Deep Research

Next earnings:May 11, 2026

EPS:$0.41

Revenue:-

Financials

Earnings Calls

Reports

News

Income Statement

Balance Sheet

Cash Flow Statement

Ratios

% Chg.

Income Statement	LTM

No Data