Income statement, balance sheet and cash flow statement for the last 5 fiscal years, taken from the XBRL data Oaktree Specialty Lending 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
FY2021
FY2023
FY2023
FY2024
FY2025
General and administrative
2.73
2.99
3.53
2.65
3.56
Interest expense
30.5
46.9
112
129
116
Income tax
0.7
1.3
0.1
Net income
237
29.2
117
57.9
33.9
EPS, basic
4.39
0.48
1.63
0.72
0.39
EPS, diluted
4.39
0.48
1.63
0.72
0.39
Shares, basic (weighted)
54
60.7
72.1
80.4
86.1
Shares, diluted (weighted)
54
60.7
72.1
80.4
86.1
Balance sheet
FY2021
FY2023
FY2023
FY2024
FY2025
Cash and equivalents
29.3
23.5
136
64
79.6
Total assets
2,646
3,218
3,198
3,003
Total liabilities
1,401
1,702
1,711
1,537
Total debt
1,301
1,601
1,639
1,487
Paid-in capital
1,828
2,166
2,264
2,350
Retained earnings
-583
-651
-777
-885
Shareholders' equity
1,313
1,246
1,516
1,488
1,466
Total equity
1,313
1,246
1,516
1,488
1,466
Total liabilities and equity
2,646
3,218
3,198
3,003
Shares outstanding
60.1
61.1
77.2
82.2
88.1
Cash flow statement
FY2021
FY2023
FY2023
FY2024
FY2025
Net income
237
29.2
117
57.9
33.9
Deferred income tax
0.13
-0.97
1.67
-0.01
0.27
Change in payables
-0.43
0.68
-53.1
-0.46
-1.95
Cash from operations
-231
22.4
229
19.1
228
Stock issued
0
20.8
1.37
92.7
2.96
Share buybacks
-2.17
-1.86
-2.42
-1.55
-10.7
Dividends paid
-79.9
-115
-180
-177
-148
Cash from financing
224
-26.8
-110
-86.8
-229
Exchange rate effect
-1.13
-0.85
0.83
0.7
2.06
Net change in cash
-7.46
-5.27
119
-67
1.09
Interest paid
24
39.2
98.2
122
110
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 $12.10 on September 25, 2026.
Profitability
Metric
Value
How it is calculated
Return on equity (ROE)
3.1%
Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)
1.5%
Net income / average total assets.
Growth
Metric
Value
How it is calculated
Net income growth, 1y
-41.4%
Net income vs the same period a year earlier. Only from a positive base.
Net income CAGR, 3y
5.1%
Compound annual growth of net income over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
EPS growth, 1y
-45.8%
EPS vs the same period a year earlier. Only from a positive base.
EPS CAGR, 3y
-6.7%
Compound annual growth of eps over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Operating cash flow growth, 1y
1,097.0%
Operating cash flow vs the same period a year earlier. Only from a positive base.
Operating cash flow CAGR, 3y
116.9%
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
-1.5%
Book value vs the same period a year earlier. Only from a positive base.
Book value CAGR, 3y
5.6%
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
-6.1%
Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y
4.3%
Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Share count change, 1y
7.0%
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
12.3%
Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.
Balance sheet health
Metric
Value
How it is calculated
Debt / equity
1.04x
Total debt / shareholders' equity. Not shown when equity is negative.
Debt / assets
50.3%
Total debt / total assets.
Liabilities / assets
51.6%
Total liabilities / total assets.
Net debt
$1.40B
Total debt - cash - short-term investments. Negative means more cash than debt.
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
$1.20
Cash from operations / diluted weighted shares.
Book value per share
$15.70
Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Dividends paid / net income, when net income is positive.
Valuation
Metric
Value
How it is calculated
Market cap
$1.07B
Share price x shares outstanding.
Enterprise value
$2.46B
Market cap + total debt - cash - short-term investments.
P/E
25.2x
Market cap / net income. Only when net income is positive.
P/B
0.77x
Market cap / shareholders' equity. Only when equity is positive.
Price / tangible book
0.77x
Market cap / tangible book value, when positive.
P/OCF
10.0x
Market cap / cash from operations, when positive.
Earnings yield
4.0%
Net income / market cap (the inverse of P/E).
Dividend yield
12.3%
Dividends paid over the period / market cap.
Shareholder yield
12.7%
(Dividends paid + share buybacks) / market cap.
Was Oaktree Specialty Lending Corp profitable in fiscal 2025?
Yes. Net income was $33.9M, 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.