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Financial statements

Franklin BSP Capital Corp financial statements

Income statement, balance sheet and cash flow statement for the last 5 fiscal years, taken from the XBRL data Franklin BSP Capital Corp 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

FY2022FY2022FY2023FY2024FY2025
Interest expense3.5417.531.1111133
Net income6.8723.244.889.3104
EPS, basic1.301.121.410.640.73
EPS, diluted1.301.121.410.640.73
Shares, basic (weighted)5.318.725.5128135
Shares, diluted (weighted)5.318.725.5128135

Balance sheet

FY2022FY2022FY2023FY2024FY2025
Cash and equivalents12.926.248.5119101
Total assets5418168324,1694,248
Short-term debt41.320.8000
Total liabilities3004083662,1812,330
Total debt2383803202,0552,245
Paid-in capital2313764002,5182,531
Retained earnings4.76-3.16-12.2-608-691
Shareholders' equity2363723881,9101,840
Total equity2363723881,9101,840
Total liabilities and equity5418168324,1694,248
Shares outstanding15.324.626.1135135

Cash flow statement

FY2022FY2022FY2023FY2024FY2025
Net income6.8723.244.889.3104
Change in payables2.260.321.58-3.33.81
Cash from operations-491-26066.1-2106.08
Debt issued2702433841,579
Debt repaid-30-101-444
Stock issued2231429.920.90
Share buybacks00-43-36.2
Dividends paid-1.5-19.2-31.2-112-132
Cash from financing504273-37.1286-16.2
Net change in cash12.913.42975.5-10.1
Interest paid2.3515.117.9108126
Income taxes paid0.10.480.334.351.12

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 $10.25 on May 30, 2025.

Profitability

MetricValueHow it is calculated
Return on equity (ROE)5.5%Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)2.4%Net income / average total assets.

Growth

MetricValueHow it is calculated
Net income growth, 1y16.9%Net income vs the same period a year earlier. Only from a positive base.
Net income CAGR, 3y65.1%Compound annual growth of net income over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
EPS growth, 1y14.1%EPS vs the same period a year earlier. Only from a positive base.
EPS CAGR, 3y-13.3%Compound annual growth of eps over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Book value growth, 1y-3.7%Book value vs the same period a year earlier. Only from a positive base.
Book value CAGR, 3y70.3%Compound annual growth of book value over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets growth, 1y1.9%Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y73.3%Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Share count change, 1y5.4%Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y93.4%Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.

Balance sheet health

MetricValueHow it is calculated
Debt / equity1.23xTotal debt / shareholders' equity. Not shown when equity is negative.
Debt / assets52.7%Total debt / total assets.
Liabilities / assets55.2%Total liabilities / total assets.
Net debt$2.16BTotal debt - cash - short-term investments. Negative means more cash than debt.
Tangible book value$1.79BShareholders' equity - goodwill - intangible assets.

Per share

MetricValueHow it is calculated
EPS, diluted$0.73Net 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$0.97Cash from operations / diluted weighted shares.
Book value per share$13.42Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share$13.42Tangible book value / shares outstanding.
Cash per share$0.27(Cash + short-term investments) / shares outstanding.
Payout ratio88.9%Dividends paid / net income, when net income is positive.

Valuation

MetricValueHow it is calculated
Market cap$1.37BShare price x shares outstanding.
Enterprise value$3.54BMarket cap + total debt - cash - short-term investments.
P/E14.0xMarket cap / net income. Only when net income is positive.
P/B0.77xMarket cap / shareholders' equity. Only when equity is positive.
Price / tangible book0.77xMarket cap / tangible book value, when positive.
P/OCF10.5xMarket cap / cash from operations, when positive.
Earnings yield7.2%Net income / market cap (the inverse of P/E).
Dividend yield6.4%Dividends paid over the period / market cap.
Shareholder yield6.4%(Dividends paid + share buybacks) / market cap.
Was Franklin BSP Capital Corp profitable in fiscal 2025?

Yes. Net income was $104.3M, 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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