Kayne Anderson BDC, Inc. financials
Source: EDGAR filings · Built 2026-06-19T02:38:35Z
Key metrics by reporting period
Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.
Derived Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2022 |
|---|---|---|---|---|---|
| Net Debt | 116.97M | 227.63M | 269.93M | 280.86M | — |
| Return on Equity (ROE) | 8.44% | 11.12% | 11.28% | 7.73% | 7.14% |
| Return on Assets (ROA) | 4.10% | 6.34% | 5.41% | 3.83% | 3.80% |
| Debt-to-Equity | 0.12× | 0.21× | 0.45× | 0.49× | — |
| Cash Conversion Ratio | -1.05× | -4.13× | -1.43× | -11.84× | -25.09× |
| Accruals Ratio | 0.08× | 0.32× | 0.13× | 0.49× | 0.99× |
Income Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2022 |
|---|---|---|---|---|---|
| Operating Expenses | 120.28M | 101.55M | 76.19M | 34.65M | 8.63M |
| Operating Income (Loss) | -118.21M | -83.83M | -76.19M | -34.65M | — |
| Income Tax Expense (Benefit) | 1.66M | 717.00K | — | — | — |
| Net Income (Loss) Attributable to Parent | 93.71M | 131.94M | 77.08M | 45.77M | 22.29M |
| Earnings Per Share, Basic | $1.67 | $2.03 | $2.16 | $1.48 | $0.94 |
| Weighted Average Number of Shares Outstanding, Basic | 70.26M | 63.76M | 39.25M | 27.18M | 10.72M |
| Earnings Per Share, Diluted | $1.67 | $2.03 | $2.16 | $1.48 | $0.94 |
| Weighted Average Number of Shares Outstanding, Diluted | 70.26M | 63.76M | 39.25M | 27.18M | 10.72M |
Balance Sheet
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2022 |
|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | — | 22.38M | 34.07M | 8.53M | 2.04M |
| Assets | 2.29B | 2.08B | 1.42B | 1.19B | 586.46M |
| Liabilities | 1.18B | 896.32M | 740.61M | 602.35M | 274.50M |
| Stockholders' Equity Attributable to Parent | 1.11B | 1.19B | 683.06M | 592.04M | 311.97M |
| Common Stock, Shares, Outstanding | 68.00M | 71.06M | 41.60M | 35.88M | 19.23M |
Cash Flow Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2022 |
|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -98.72M | -544.50M | -110.05M | -541.77M | -559.14M |
| Payments for Repurchase of Common Stock | 47.99M | 1.52M | — | — | — |
| Payments of Dividends | 123.33M | 101.75M | 70.01M | — | — |
| Net Cash Provided by (Used in) Financing Activities | 94.37M | 532.81M | 135.60M | 548.26M | 561.16M |
Derived Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Net Debt | 100.69M | 116.97M | 284.64M | 210.01M | 176.64M | 227.63M |
| Return on Equity (ROE) | 1.60% | 1.98% | 2.16% | 2.15% | 1.89% | 2.99% |
| Return on Assets (ROA) | 0.77% | 0.96% | 1.05% | 1.10% | 1.00% | 1.70% |
| Debt-to-Equity | 0.11× | 0.12× | 0.26× | 0.19× | 0.16× | 0.21× |
| Cash Conversion Ratio | 2.31× | 3.63× | -7.25× | -5.01× | -5.73× | -1.38× |
| Accruals Ratio | -0.01× | -0.03× | 0.09× | 0.07× | 0.07× | 0.04× |
Income Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Operating Expenses | 28.43M | 31.79M | 31.33M | 29.38M | 27.79M | 28.66M |
| Operating Income (Loss) | -28.43M | -31.79M | -31.33M | -28.59M | -26.50M | -22.32M |
| Income Tax Expense (Benefit) | 387.00K | 331.00K | 428.00K | 318.00K | 581.00K | — |
| Net Income (Loss) Attributable to Parent | 17.24M | 21.97M | 24.61M | 24.91M | 22.21M | 35.45M |
| Earnings Per Share, Basic | $0.43 | $0.44 | $0.43 | $0.40 | $0.40 | $0.48 |
| Weighted Average Number of Shares Outstanding, Basic | 67.14M | 70.26M | 70.43M | 70.90M | 71.23M | 63.76M |
| Earnings Per Share, Diluted | $0.43 | $0.44 | $0.43 | $0.40 | $0.40 | $0.48 |
| Weighted Average Number of Shares Outstanding, Diluted | 67.14M | 70.26M | 70.43M | 70.90M | 71.23M | 63.76M |
Balance Sheet
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | — | — | — | — | — | 22.38M |
| Assets | 2.25B | 2.29B | 2.34B | 2.26B | 2.23B | 2.08B |
| Liabilities | 1.17B | 1.18B | 1.20B | 1.10B | 1.05B | 896.32M |
| Stockholders' Equity Attributable to Parent | 1.08B | 1.11B | 1.14B | 1.16B | 1.18B | 1.19B |
| Common Stock, Shares, Outstanding | 66.48M | 68.00M | 69.76M | 70.71M | 71.28M | 71.06M |
Cash Flow Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | 39.81M | 79.83M | -178.54M | -124.80M | -127.24M | -49.08M |
| Payments for Repurchase of Common Stock | 21.39M | 24.92M | 23.07M | — | 384.00K | 418.00K |
| Payments of Dividends | 27.21M | — | — | — | 31.52M | — |
| Net Cash Provided by (Used in) Financing Activities | -43.52M | -78.16M | 172.53M | 116.42M | 122.23M | 32.37M |
Raw XBRL tagging for a single filing
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Methodology
All facts on this page come straight from SEC EDGAR XBRL
company-facts filings (KBDC CIK 0001747172),
grouped by financial statement using FASB's base
us-gaap presentation taxonomy. Filers may re-parent
concepts onto different statements in their own extension
taxonomy, so a handful of rows can show up under a different
statement than on the actual 10-K / 10-Q; custom concepts and
any we couldn't map fall into Other. Hover a
cell to see the fully-qualified concept name and the filer's
description.
For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.