Barings BDCBBDC -0.61%68 Net Margin % is 88.04% as of Mar. 2026, which is 1% below its 10-year median of 89.38. GuruFocus rates BBDC with a GF Score™ of 68/100 and a GF Value™ of $8.52 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,579 Asset Management companies, Barings BDC ranks better than 52.12% on this metric.
Net margin is calculated as Net Income divided by its Revenue. Barings BDC's Net Income for the
three
months ended in Mar. 2026 was $20.0 Mil. Barings BDC's Revenue for the
three
months ended in Mar. 2026 was $22.7 Mil. Therefore, Barings BDC's net margin for the quarter that ended in Mar. 2026 was 88.04%.
The historical rank and industry rank for Barings BDC's Net Margin % or its related term are showing as below:
BBDC'
s Net Margin % Range Over the Past 10 Years
Min: 29.25 Med: 89.38 Max: 456.72
Current: 87.88
BBDC's Net Margin % is ranked better than 52.12% of 1579
companies
in the Asset Management industry
Industry Median: 84.88
vs BBDC: 87.88
Barings BDC (NYSE:BBDC) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Barings BDC Net Margin % Related Terms
Barings BDC Net Margin % Historical Data
* Premium members only.
The historical data trend for Barings BDC's Net Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Asset Management subindustry, Barings BDC's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Barings BDC Net Margin % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Barings BDC's Net Margin % distribution charts can be found below:
* The bar in red indicates where Barings BDC's Net Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Barings BDC (BBDC) has a Net Margin % of 88.04% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Barings BDC and its competitors. This is near median its historical median of 89.38. Over the past decade, Barings BDC's Net Margin % has ranged from 29.25 to 456.72. According to the industry distribution chart, Barings BDC ranks #756 out of 1579 companies in the Asset Management industry, placing it in the top 47.9%.
Is Barings BDC's Net Margin % too high?
Barings BDC's current Net Margin % of 88.04% is near median its 10-year median of 89.38. Over the past 10 years, this metric has ranged from a low of 29.25 to a high of 456.72. The Asset Management industry median Net Margin % is 84.88. Barings BDC's value of 88.04% is 3.7% above this industry median. Based on the distribution chart, Barings BDC ranks #756 out of 1579 companies in the Asset Management industry, which is above the industry midpoint. Overall, Barings BDC has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Barings BDC's Net Margin % compare to RPC and HTD?
According to the Asset Management industry distribution chart, Barings BDC ranks #756 out of 1579 companies for Net Margin %. This puts Barings BDC in the upper half of its industry. The industry median Net Margin % is 84.88. Barings BDC's value of 88.04% is 3.7% above this benchmark. Historically, Barings BDC's own Net Margin % has ranged from 29.25 to 456.72 over the past decade. While the company's 10-year median is 89.38 vs. the industry median of 84.88, Barings BDC has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for an Asset Management company?
The median Net Margin % among Asset Management companies is 84.88, based on 1,579 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Barings BDC's current Net Margin % of 88.04% is 3.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Barings BDC and its competitors. For the Asset Management industry, the median Net Margin % is 84.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Barings BDC's current Net Margin % is 88.04%, which is near median its own 10-year median of 89.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Barings BDC stock overvalued right now?
Based on GuruFocus' analysis, Barings BDC (BBDC) is currently considered Fairly Valued. The stock's GF Value™ is $8.52, compared to a current price of $8.09 — trading 5% below its estimated fair value. The current Net Margin % is 88.04%, which is near median its 10-year median of 89.38 and 3.7% above the Asset Management industry median of 84.88. Barings BDC's overall GF Score™ is 68/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Barings BDC (BBDC), the current Net Margin % is 88.04% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Barings BDC (BBDC) Overvalued in 2026?
Based on GuruFocus' analysis, Barings BDC stock appears to be undervalued.
The current stock price of $8.09 is trading 5% below its estimated GF Value™ of $8.52.
GuruFocus considers Barings BDC to be Fairly Valued.
Key valuation signals for BBDC:
Net Margin %: 88.04% (near median its 10-year median of 89.38)
GF Value™: $8.52 vs. price of $8.09 (5% below fair value)
Industry Position: 3.7% above the Asset Management median (#756 of 1579)
No single metric tells the full story. See the BBDC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Barings BDC Inc operates as a closed-end, non-diversified investment company and has elected to be treated as a business development company. The company's investment objective is to generate current income by investing directly in privately held middle-market companies to help these companies fund acquisitions, growth, or refinancing. It employs fundamental credit analysis and targets investments in businesses with low levels of cyclicality and operating risk relative to other businesses in this market segment. The holding size of each position will generally be dependent upon a number of factors including total facility size, pricing and structure, and the number of other lenders in the facility.
68GF Score
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