Kayne Anderson BDCKBDC +0.52%11 ROA % is 3.04% as of Mar. 2026, which is 41% below its 10-year median of 5.14. GuruFocus rates KBDC with a GF Score™ of 11/100. The stock has 5 warning signs investors should review. Among 1,639 Asset Management companies, Kayne Anderson BDC ranks worse than 50.46% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Kayne Anderson BDC's annualizedNet Income for the quarter that ended in Mar. 2026 was $68.96 Mil.
Kayne Anderson BDC's average Total Assets over the quarter that ended in Mar. 2026 was $2,269.53 Mil. Therefore, Kayne Anderson BDC's annualized ROA % for the quarter that ended in Mar. 2026 was 3.04%.
The historical rank and industry rank for Kayne Anderson BDC's ROA % or its related term are showing as below:
KBDC'
s ROA % Range Over the Past 10 Years
Min: 3.8 Med: 5.14 Max: 7.53
Current: 3.9
During the past 5 years, Kayne Anderson BDC's highest ROA % was 7.53%. The lowest was 3.80%. And the median was 5.14%.
KBDC's ROA % is ranked worse than 50.46% of 1639
companies
in the Asset Management industry
Industry Median: 3.95
vs KBDC: 3.90
Kayne Anderson BDC (NYSE:KBDC) ROA % Explanation
ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A banks ROA % is typically well under 2%.
Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:
Note:
The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data.
* 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.
Be Aware
Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.
E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.
Kayne Anderson BDC ROA % Related Terms
Kayne Anderson BDC ROA % Historical Data
* Premium members only.
The historical data trend for Kayne Anderson BDC's ROA % 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, Kayne Anderson BDC's ROA %, along with its competitors' market caps and ROA % 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.
Kayne Anderson BDC ROA % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Kayne Anderson BDC's ROA % distribution charts can be found below:
* The bar in red indicates where Kayne Anderson BDC's ROA % 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.
In the calculation of annual ROA %, the net income of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Mar. 2026) net income data.
ROA % is displayed in the 30-year financial page.
Kayne Anderson BDC (KBDC) has a ROA % of 3.04% as of Mar. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Kayne Anderson BDC and its competitors. This is 41% below median its historical median of 5.14. Over the past decade, Kayne Anderson BDC's ROA % has ranged from 3.80 to 7.53. According to the industry distribution chart, Kayne Anderson BDC ranks #827 out of 1639 companies in the Asset Management industry, placing it in the top 50.5%.
Is Kayne Anderson BDC's ROA % too high?
Kayne Anderson BDC's current ROA % of 3.04% is 41% below median its 10-year median of 5.14. Over the past 10 years, this metric has ranged from a low of 3.80 to a high of 7.53. The Asset Management industry median ROA % is 3.95. Kayne Anderson BDC's value of 3.04% is 23% below this industry median. Based on the distribution chart, Kayne Anderson BDC ranks #827 out of 1639 companies in the Asset Management industry, which is below the industry midpoint. Overall, Kayne Anderson BDC has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does Kayne Anderson BDC's ROA % compare to STK and OXLC?
According to the Asset Management industry distribution chart, Kayne Anderson BDC ranks #827 out of 1639 companies for ROA %. This places Kayne Anderson BDC in the lower half of its industry. The industry median ROA % is 3.95. Kayne Anderson BDC's value of 3.04% is 23% below this benchmark. Historically, Kayne Anderson BDC's own ROA % has ranged from 3.80 to 7.53 over the past decade. While the company's 10-year median is 5.14 vs. the industry median of 3.95, Kayne Anderson BDC has consistently been below 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 ROA % for an Asset Management company?
The median ROA % among Asset Management companies is 3.95, based on 1,639 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Kayne Anderson BDC's current ROA % of 3.04% is 23% below 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 ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Kayne Anderson BDC and its competitors. For the Asset Management industry, the median ROA % is 3.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kayne Anderson BDC's current ROA % is 3.04%, which is 41% below median its own 10-year median of 5.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kayne Anderson BDC stock overvalued right now?
Kayne Anderson BDC (KBDC) has a current ROA % of 3.04%. The current ROA % is 3.04%, which is 41% below median its 10-year median of 5.14 and 23% below the Asset Management industry median of 3.95. Kayne Anderson BDC's overall GF Score™ is 11/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROA % calculated?
ROA % is calculated from a company's financial statements. For Kayne Anderson BDC (KBDC), the current ROA % is 3.04% 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.
Kayne Anderson BDC Inc is an externally managed, closed-end, non-diversified management investment company that has elected to be regulated as a business development company, investing mainly in first-lien senior secured loans, with a secondary focus on unitranche and split-lien loans to middle-market companies. Its investment objective is to generate current income and, to a lesser extent, capital appreciation mainly through debt investments in middle-market companies.
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