GBDC vs BWNB

Comparison between Golub Capital BDC Inc (GBDC, Company) and Babcock & Wilcox Enterprises Inc (BWNB, Company).

5-Year PerformanceBWNB has outperformed GBDC, delivering a return of +7.5% compared to +7.0%

GBDC vs BWNB - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	GBDC(COMPANY)	BWNB(COMPANY)
Market Cap	$3.40B	$3.40B
Max Drawdown	53.13%	73.11%
Sharpe Ratio	-0.17	2.26
5Y Beta	0.60	0.35
Industry	Asset Management	N/A
P/E Ratio	20.15	-32.58
Forward P/E	10.30	N/A
PEG Ratio	N/A	-2.16
Dividend Yield	10.90%	N/A
5Y Dividends CAGR	4.42%	N/A
Debt to Equity	122.48%	0.00%
Free Cash Flow Yield	27.02%	-1.83%

Market Cap

GBDC

$3.40B

Winner

BWNB

$3.40B

Max Drawdown

Winner

GBDC

53.13%

BWNB

73.11%

Sharpe Ratio

GBDC

-0.17

Winner

BWNB

2.26

5Y Beta

GBDC

0.60

Winner

BWNB

0.35

Industry

GBDC

Asset Management

BWNB

N/A

P/E Ratio

GBDC

20.15

Winner

BWNB

-32.58

Forward P/E

GBDC

10.30

BWNB

N/A

PEG Ratio

GBDC

N/A

BWNB

-2.16

Dividend Yield

GBDC

10.90%

BWNB

N/A

5Y Dividends CAGR

GBDC

4.42%

BWNB

N/A

Debt to Equity

GBDC

122.48%

Winner

BWNB

0.00%

Free Cash Flow Yield

Winner

GBDC

27.02%

BWNB

-1.83%

GBDC vs BWNB - Historical Returns

Returns include dividend reinvestment.

Period	GBDC	BWNB
1 month	+3.72%	+1.01%
3 months	+5.02%	+3.02%
6 months	+11.85%	+5.60%
1 year	+0.27%	+38.57%
5 years(CAGR)	+7.01%	+7.47%
10 years(CAGR)	+6.25%	N/A
Max(CAGR)	+8.41%	+7.47%

Winner

GBDC

+3.72%

BWNB

+1.01%

Winner

GBDC

+5.02%

BWNB

+3.02%

Winner

GBDC

+11.85%

BWNB

+5.60%

GBDC

+0.27%

Winner

BWNB

+38.57%

5Y(CAGR)

GBDC

+7.01%

Winner

BWNB

+7.47%

10Y(CAGR)

GBDC

+6.25%

BWNB

N/A

Max(CAGR)

Winner

GBDC

+8.41%

BWNB

+7.47%

GBDC vs BWNB - Annual Returns (2010 - 2026)

Returns include dividend reinvestment.

Year	GBDC	BWNB
2026	+4.10%	+7.22%
2025	-1.11%	+34.43%
2024	+13.64%	+25.53%
2023	+27.67%	-16.72%
2022	-6.92%	-13.60%
2021	+17.19%	+0.20%
2020	-14.35%	N/A
2019	+20.08%	N/A
2018	-1.64%	N/A
2017	+6.26%	N/A
2016	+18.96%	N/A
2015	+0.75%	N/A
2014	+3.12%	N/A
2013	+27.92%	N/A
2012	+12.24%	N/A
2011	-4.31%	N/A
2010	+23.10%	N/A

GBDC vs BWNB Drawdown Comparison

The maximum drawdown for GBDC was -47.30%, occurring on Apr 2, 2020. Recovery took 441 trading sessions.

The maximum drawdown for BWNB was -69.03%, occurring on May 5, 2025. Recovery took 216 trading sessions.

The current GBDC drawdown is -3.55%.

Rank	GBDC	BWNB
#1	-47.30% Dec 30, 2019 - Sep 29, 2021	-69.03% Oct 15, 2024 - Aug 27, 2025
#2	-19.26% Feb 10, 2022 - Aug 7, 2023	-47.64% Dec 30, 2021 - Sep 19, 2024
#3	-18.70% Dec 30, 2010 - Sep 12, 2012	-3.04% Oct 17, 2025 - Nov 5, 2025
#4	-18.14% Jul 17, 2025 - Feb 27, 2026	-2.04% Jan 22, 2026 - Mar 13, 2026
#5	-16.72% Mar 14, 2014 - Dec 30, 2014	-1.67% Oct 2, 2025 - Oct 14, 2025
#6	-16.54% Apr 29, 2024 - Jul 14, 2025	-1.62% Nov 12, 2025 - Dec 15, 2025
#7	-13.47% Apr 20, 2010 - Jun 24, 2010	-1.12% Sep 27, 2024 - Oct 1, 2024
#8	-11.72% Nov 9, 2018 - Feb 26, 2019	-1.06% Sep 19, 2025 - Sep 29, 2025
#9	-11.17% Dec 1, 2015 - Mar 7, 2016	-1.01% Dec 17, 2021 - Dec 23, 2021
#10	-9.65% Aug 30, 2016 - Jan 24, 2017	-1.01% Oct 7, 2024 - Oct 10, 2024
#11	-9.62% Oct 5, 2012 - Dec 21, 2012	-0.95% Apr 2, 2026 - Jun 15, 2026
#12	-9.41% Jul 23, 2013 - Nov 20, 2013	-0.90% Dec 24, 2025 - Dec 31, 2025
#13	-9.02% May 5, 2017 - Jul 17, 2018	-0.81% Dec 31, 2025 - Jan 9, 2026
#14	-8.74% Apr 23, 2015 - Nov 24, 2015	-0.75% Sep 16, 2025 - Sep 19, 2025
#15	-7.52% Nov 26, 2010 - Dec 30, 2010	-0.74% Sep 20, 2024 - Sep 26, 2024

Correlation

Correlation between GBDC and BWNB is 0.29 which considered as a very weak or no correlation - the stocks move independently of each other.

0.29

-101

Dividend Comparison (2010 - 2026)

GBDC vs BWNB dividend yield comparison.

Year	GBDC	BWNB
2026	4.93%	4.00%
2025	11.50%	6.61%
2024	12.73%	8.17%
2023	10.00%	9.99%
2022	9.35%	3.94%
2021	7.58%	0.00%
2020	8.44%	0.00%
2019	7.70%	0.00%
2018	8.49%	0.00%
2017	7.47%	0.00%
2016	8.32%	0.00%
2015	7.70%	0.00%
2014	7.14%	0.00%
2013	6.70%	0.00%
2012	8.01%	0.00%
2011	8.26%	0.00%
2010	5.02%	0.00%