Golub Capital BDC, Inc. (GBDC)

Golub Capital BDC Cash Flow Statement

Financials in millions USD. Fiscal year is October - September.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2025	Sep 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021
Net Income	376.65	273.79	258.63	153.44	340.28
Other Amortization	10	9.24	7.38	7.34	10.2
Loss (Gain) From Sale of Investments	20.56	100.77	19.78	30.55	-163.35
Other Operating Activities	-509.64	-53.38	-57.85	-639.08	-503.02
Change in Accounts Receivable	6.01	16.22	-37.26	-2.53	-1
Change in Accounts Payable	-0.54	-1.26	1.23	0.21	2.08
Change in Other Net Operating Assets	-10.36	1.14	3.85	35.42	-3.41
Operating Cash Flow	-113.59	343.91	195.37	-416.46	-306.05
Operating Cash Flow Growth	-	76.03%	-	-	-
Long-Term Debt Issued	4,802	2,929	652.58	1,293	3,359
Total Debt Issued	4,802	2,929	652.58	1,293	3,359
Long-Term Debt Repaid	-4,515	-2,691	-627.09	-741.21	-2,816
Total Debt Repaid	-4,515	-2,691	-627.09	-741.21	-2,816
Net Debt Issued (Repaid)	287.66	237.75	25.49	551.46	542.79
Issuance of Common Stock	37.43	-	-	-	-
Repurchase of Common Stock	-77.83	-4.81	-63.79	-36.42	-14.66
Common Dividends Paid	-368.21	-338.19	-191.47	-155.21	-139.12
Other Financing Activities	-10.64	-18.99	-5.78	-6.7	-22.16
Financing Cash Flow	-131.59	-124.24	-235.55	353.13	366.85
Foreign Exchange Rate Adjustments	-1.93	-0.33	-0.17	-0.46	-0.89
Net Cash Flow	-247.11	219.35	-40.35	-63.79	59.91
Cash Interest Paid	280.23	180.07	138.44	72.46	48.77
Levered Free Cash Flow	423.44	78.33	165.16	138.23	209.07
Unlevered Free Cash Flow	590.32	202.02	251.13	185.69	238.98
Change in Working Capital	-4.9	16.1	-32.19	33.1	-2.33

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q