Crescent Capital BDC, Inc. financial statements

Income statement, balance sheet and cash flow statement for the last 6 fiscal years, taken from the XBRL data Crescent Capital BDC, Inc. files with the SEC in its annual reports.

In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

	FY2020	FY2022	FY2022	FY2023	FY2024	FY2025
Operating expenses	40	54.9	57.6	101	107	98.8
Operating income	-26.7	-44.1	-56.8	-100	-107	-98.7
Interest expense	15.5	19.8	31.9	58.7	62.8	57.4
Pre-tax income	50.4	49.9	59.9	83.8	90.6	68.6
Income tax	-0.05	1.73	-0.33	0.03	0.16	0.01
Net income	54.7	83.6	15.5	83.8	73.6	34.5
EPS, basic	1.80	1.67	1.93	2.30	2.40	1.81
EPS, diluted	1.80	1.67	1.93	2.30	2.40	1.81
Shares, basic (weighted)	27.7	28.5	30.9	35.9	37.1	37
Shares, diluted (weighted)	27.7	28.5	30.9	35.9	37.1	37

Balance sheet

	FY2020	FY2022	FY2022	FY2023	FY2024	FY2025
Cash and equivalents	1.75	10.1	6.4	7.78	10.1	5.04
Total assets		1,318	1,303	1,627	1,656	1,622
Total liabilities		666	690	885	916	916
Total debt		631	654	845	876	874
Paid-in capital		666	675	966	959	957
Retained earnings		-13.9	-62.5	-223	-218	-251
Shareholders' equity	560	652	613	743	741	706
Total equity	560	652	613	743	741	706
Total liabilities and equity		1,318	1,303	1,627	1,656	1,622
Shares outstanding		30.9	30.9	37.1	37.1	37

Cash flow statement

	FY2020	FY2022	FY2022	FY2023	FY2024	FY2025
Net income	54.7	83.6	15.5	83.8	73.6	34.5
Change in payables	-1.62	1.29	2.01	-2.41	0.26	-0.1
Cash from operations	-61.8	-158	28	92.3	58.9	74.7
Stock issued	44.3	52.6
Share buybacks	-2.21					-1.33
Dividends paid	-42.6	-47.7	-55.3	-64.6	-75.2	-67.8
Cash from financing	63.2	166	-34.4	-85	-43.5	-82.5
Net change in cash	1.42	8.68	-6.46	7.4	15	-7.93
Interest paid	14.5	15.5	26.9	55.5	60.4	52
Income taxes paid	0.69	2.18	1.97	0.67	1.34	1.6

Key metrics

Worked out from the statements above. Latest values use the trailing twelve months to June 30, 2026; growth uses fiscal years. Valuation uses the share price of $9.57 on September 25, 2026.

Profitability

Metric	Value	How it is calculated
Return on equity (ROE)	-0.5%	Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)	-0.2%	Net income / average total assets.
Return on invested capital (ROIC)	-4.7%	Approximation: operating income x (1 - tax rate) / average (total debt + equity - cash). Tax rate is the effective rate when between 0% and 50%, else 21%.

Growth

Metric	Value	How it is calculated
Net income growth, 1y	-53.1%	Net income vs the same period a year earlier. Only from a positive base.
Net income CAGR, 3y	30.5%	Compound annual growth of net income over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Net income CAGR, 5y	-8.8%	Compound annual growth of net income over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
EPS growth, 1y	-24.6%	EPS vs the same period a year earlier. Only from a positive base.
EPS CAGR, 3y	-2.1%	Compound annual growth of eps over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
EPS CAGR, 5y	0.1%	Compound annual growth of eps over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Operating cash flow growth, 1y	26.8%	Operating cash flow vs the same period a year earlier. Only from a positive base.
Operating cash flow CAGR, 3y	38.8%	Compound annual growth of operating cash flow over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Book value growth, 1y	-4.7%	Book value vs the same period a year earlier. Only from a positive base.
Book value CAGR, 3y	4.8%	Compound annual growth of book value over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Book value CAGR, 5y	4.7%	Compound annual growth of book value over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Total assets growth, 1y	-2.1%	Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y	7.6%	Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Share count change, 1y	-0.0%	Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y	6.2%	Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 5y	6.0%	Change in diluted weighted shares, per year over 5 years. Negative means buybacks shrank the share count; positive means dilution.

Balance sheet health

Metric	Value	How it is calculated
Debt / equity	1.41x	Total debt / shareholders' equity. Not shown when equity is negative.
Debt / assets	57.0%	Total debt / total assets.
Liabilities / assets	59.5%	Total liabilities / total assets.
Net debt	$907.3M	Total debt - cash - short-term investments. Negative means more cash than debt.
Interest coverage	-1.65x	Operating income / interest expense.
Tangible book value	$656.5M	Shareholders' equity - goodwill - intangible assets.

Per share

Metric	Value	How it is calculated
EPS, diluted	-$0.09	Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
Operating cash flow per share	$1.07	Cash from operations / diluted weighted shares.
Book value per share	$17.82	Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share	$17.82	Tangible book value / shares outstanding.
Cash per share	$0.42	(Cash + short-term investments) / shares outstanding.

Valuation

Metric	Value	How it is calculated
Market cap	$352.6M	Share price x shares outstanding.
Enterprise value	$1.26B	Market cap + total debt - cash - short-term investments.
P/B	0.54x	Market cap / shareholders' equity. Only when equity is positive.
Price / tangible book	0.54x	Market cap / tangible book value, when positive.
P/OCF	8.93x	Market cap / cash from operations, when positive.
Earnings yield	-0.9%	Net income / market cap (the inverse of P/E).
Dividend yield	18.5%	Dividends paid over the period / market cap.
Shareholder yield	18.5%	(Dividends paid + share buybacks) / market cap.

Was Crescent Capital BDC, Inc. profitable in fiscal 2025?

Yes. Net income was $34.5M, a net margin of -.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

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