Income statement, balance sheet and cash flow statement for the last 5 fiscal years, taken from the XBRL data Kayne Anderson 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
FY2022
FY2022
FY2023
FY2024
FY2025
Operating expenses
8.63
34.7
76.2
102
120
Operating income
-34.7
-76.2
-83.8
-118
Interest expense
4.46
20.3
52.3
61.5
76.4
Interest income
18.8
74.8
160
Income tax
0.72
1.66
Net income
22.3
45.8
77.1
132
93.7
EPS, basic
0.94
1.48
2.16
2.03
1.67
EPS, diluted
0.94
1.48
2.16
2.03
1.67
Shares, basic (weighted)
10.7
27.2
39.3
63.8
70.3
Shares, diluted (weighted)
10.7
27.2
39.3
63.8
70.3
Dividend per share
1.34
2.06
1.70
Balance sheet
FY2022
FY2022
FY2023
FY2024
FY2025
Cash and equivalents
2.04
8.53
34.1
22.4
18
Short-term investments
3.67
9.85
12.8
48.7
Long-term investments
578
1,165
1,363
2,198
Total assets
586
1,194
1,424
2,083
2,287
Total liabilities
274
602
741
896
1,177
Paid-in capital
301
575
670
1,152
1,108
Retained earnings
11.2
17.5
13
33.9
1.86
Shareholders' equity
312
592
683
1,186
1,110
Total equity
312
592
683
1,186
1,110
Total liabilities and equity
586
1,194
1,424
2,083
2,287
Shares outstanding
19.2
35.9
41.6
71.1
68
Cash flow statement
FY2022
FY2022
FY2023
FY2024
FY2025
Net income
22.3
45.8
77.1
132
0
Deferred income tax
0.72
1.66
Cash from operations
-559
-542
-110
-545
-98.7
Debt issued
75
200
Stock issued
300
268
90.6
481
Share buybacks
-1.53
-48
Dividends paid
-70
-102
-123
Cash from financing
561
548
136
533
94.4
Net change in cash
2.03
6.49
25.5
-11.7
-4.35
Interest paid
2.35
14.2
44.4
55
67.5
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 $13.04 on September 25, 2026.
Profitability
Metric
Value
How it is calculated
Return on equity (ROE)
7.0%
Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)
3.2%
Net income / average total assets.
Return on invested capital (ROIC)
-9.0%
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
-29.0%
Net income vs the same period a year earlier. Only from a positive base.
Net income CAGR, 3y
27.0%
Compound annual growth of net income over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
EPS growth, 1y
-17.7%
EPS vs the same period a year earlier. Only from a positive base.
EPS CAGR, 3y
4.1%
Compound annual growth of eps over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Book value growth, 1y
-6.4%
Book value vs the same period a year earlier. Only from a positive base.
Book value CAGR, 3y
23.3%
Compound annual growth of book value over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets growth, 1y
9.8%
Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y
24.2%
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
10.2%
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
37.2%
Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.
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
-$0.05
Cash from operations / diluted weighted shares.
Book value per share
$16.00
Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Market cap + total debt - cash - short-term investments.
P/E
11.6x
Market cap / net income. Only when net income is positive.
P/B
0.81x
Market cap / shareholders' equity. Only when equity is positive.
Price / tangible book
0.81x
Market cap / tangible book value, when positive.
Earnings yield
8.7%
Net income / market cap (the inverse of P/E).
Shareholder yield
7.4%
(Dividends paid + share buybacks) / market cap.
PEG
2.81x
P/E / EPS growth per year over 3 years (in percent). Only when both are positive.
Was Kayne Anderson BDC, Inc. profitable in fiscal 2025?
Yes. Net income was $93.7M, 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.