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OCSL stock logo

OCSL

Oaktree Specialty Lending Corporation

$12.02
0.11
 (0.92%)
Exchange:  NASDAQ
Market Cap:  1.059B
Shares Outstanding:  5.186M
Delayed data
Calculate OCSL Intrinsic Value
5-year outlook →
Overview
Earnings
Financials
Valuation
Chart

About The Company

Sector:  Financial Services
Industry:  Financial – Credit Services
   
CEO:  Armen Panossian
Full Time Employees:  0
Address: 
333 South Grand Avenue
Los Angeles
CA
90071
US
Website:  https://www.oaktreespecialtylending.com
Oaktree Specialty Lending Corporation (OCSL) functions as a business development company (BDC), dedicated to providing capital solutions for middle-market businesses. Its investment strategy involves a diverse array of financing types, including interim bridge loans, various tiers of secured debt (first and second lien, senior and junior), unsecured loans, hybrid mezzanine debt, and preferred equity stakes. These funds are primarily deployed to support growth initiatives such as corporate expansions, acquisitions led by private equity sponsors, and management buyouts within small and mid-sized enterprises. OCSL actively seeks opportunities across a broad spectrum of industries, including education, general business services, retail and consumer products, healthcare, manufacturing, the food and restaurant sector, construction and engineering, and media and advertising. Individual investments typically range from $5 million to $75 million, predominantly structured as integrated (“one-stop”), first-lien, or second-lien debt facilities, with the potential for a complementary equity co-investment. The target companies generally possess an enterprise value between $20 million and $150 million, and generate operating cash flow (EBITDA) of $3 million to $50 million. While the fund can commit up to $75 million per investment, it has the capacity to originate and underwrite larger transactions, up to $100 million. OCSL primarily concentrates its investment activities within the North American market and aims to serve as the lead investor in its portfolio companies.

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Revenue Segmentation

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EPS

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Earnings Call

Full text

Earnings transcript

Read the complete earnings call transcript.

AI summary

Key takeaways

Short, structured highlights from the call so you can focus on what matters.

2026/02/04 — Q1 quarter 2026

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Income Statement
Balance Sheet
Cash Flow Statement
Analyst Estimates

Income Statement

Year202320242025
Revenue236,846186,234299,704
Gross Profit125,20457,612261,374
EBITDA119,06557,797151,020
Operating Income119,06557,797151,020
Net Income117,33157,90533,920

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(* All numbers are in thousands)

Balance Sheet

Year202320242025
Total Assets3,217,8393,198,3413,002,991
Total Liabilities1,702,0751,710,5301,537,178
Total Stockholders Equity1,515,7641,487,8111,465,813
Total Debt1,600,7311,638,6930
Cash and Cash Equivalents145,53963,96679,630

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Cash Flow Statement

Year202320242025
Operating Cash Flow228,76219,076228,373
Capital Expenditure000
Free Cash Flow228,76219,076228,373
Net Income117,33157,905154,362
Net Change in Cash119,175-66,9961,087

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(* All numbers are in thousands)

Analyst Estimates

Fiscal Year2028Full AccessFull AccessFull AccessFull Access
Estimated Revenue (Low)280,432.100Full AccessFull AccessFull AccessFull Access
Estimated Revenue (High)280,432.300Full AccessFull AccessFull AccessFull Access
Estimated Revenue (Avg)280,432.200Full AccessFull AccessFull AccessFull Access
Estimated Ebitda (Low)143,728.979Full AccessFull AccessFull AccessFull Access
Estimated Ebitda (High)143,729.082Full AccessFull AccessFull AccessFull Access
Estimated Ebitda (Avg)143,729.030Full AccessFull AccessFull AccessFull Access
Estimated Net Income (Low)116,206.651Full AccessFull AccessFull AccessFull Access
Estimated Net Income (High)122,232.181Full AccessFull AccessFull AccessFull Access
Estimated Net Income (Avg)119,219.416Full AccessFull AccessFull AccessFull Access
Estimated SGA Expense (Low)15,068.543Full AccessFull AccessFull AccessFull Access
Estimated SGA Expense (High)15,068.554Full AccessFull AccessFull AccessFull Access
Estimated SGA Expense (Avg)15,068.548Full AccessFull AccessFull AccessFull Access
Estimated EPS (Avg)1.390Full AccessFull AccessFull AccessFull Access
Estimated EPS (High)1.420Full AccessFull AccessFull AccessFull Access
Estimated EPS (Low)1.350Full AccessFull AccessFull AccessFull Access
Number of Analysts (Estimated Revenue)2Full AccessFull AccessFull AccessFull Access
Number of Analysts (Estimated EPS)2Full AccessFull AccessFull AccessFull Access

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(* All numbers are in thousands)

Current Key Metrics

?Revenue
 (TTM)
: 
245.309M  ?P/S
 (TTM)
: 
3.69
?Net Income
 (TTM)
: 
57.905M  ?P/E
 (TTM)
: 
21.15
?Enterprise Value
 (TTM)
: 
2.52B  ?EV/FCF
 (TTM)
: 
201.32
?Dividend Yield
 (TTM)
: 
0.14  ?Payout Ratio
 (TTM)
: 
2.73
?ROE
 (TTM)
: 
0.03  ?ROIC
 (TTM)
: 
0.04
?Net Debt
 (TTM)
: 
1.452B  ?Debt/Equity
 (TTM)
: 
1.07
?P/B
 (TTM)
: 
0.76  ?Current Ratio
 (TTM)
: 
0.25

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Forward P/E Ratios

?

Forward P/E (Avg EPS estimate) — log in with Full Access for high/low estimates and the interactive table.

Forward P/E 1YFull AccessFull AccessFull AccessFull Access
7.96Full AccessFull AccessFull AccessFull Access

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SWOT Analysis

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At what price to buy it? -
Intrinsic Value Calculator

Based on current fundamentals and analyst forecasts, MARKETSnap estimates OCSL intrinsic value between $3.49 – $8.11 per share. This depends on revenue growth, margins, and discount rate.

This is an automatic estimate. The most reliable way to know fair value for your own assumptions is to run the calculator below.

[intrinsic_calculator]

Common questions about OCSL valuation

Is Oaktree Specialty Lending Corporation (OCSL) overvalued or undervalued right now?

MARKETSnap estimates intrinsic value for Oaktree Specialty Lending Corporation (OCSL) using its proprietary valuation methodology, which incorporates discounted cash flow (DCF) analysis together with long-term earnings and fundamentals assumptions. By comparing intrinsic value to the current market price, long-term investors can see whether the stock screens as potentially overvalued, fairly valued, or undervalued today.

Is OCSL a buy, hold, or sell for long-term investors?

MARKETSnap does not give one-word “buy” or “sell” calls. Instead, it shows whether OCSL trades at a premium or discount to its estimated intrinsic value, how sensitive that value is to growth and margin assumptions, and how the stock fits into a diversified, long-term portfolio so investors can make their own buy, hold, or sell decision.

What is OCSL’s P/E ratio?

You can see OCSL’s trailing P/E (TTM) and forward P/E estimates in the Current Key Metrics and Forward P/E Ratios sections above. The P/E ratio compares the current share price to earnings per share and helps investors gauge valuation relative to earnings.

How is intrinsic value calculated for OCSL?

MARKETSnap uses its own valuation framework—not a generic spreadsheet DCF alone. Future cash flows and earnings are projected, discounted, and combined with MARKETSnap’s methodology so intrinsic value reflects fundamentals and long-term assumptions. You can run your own inputs and see the result using the Intrinsic Value Calculator above.

Is OCSL a good long-term investment?

Whether OCSL fits a long-term portfolio depends on your assumptions about growth, margins, and risk. MARKETSnap provides the metrics, intrinsic value calculator, and SWOT context so you can form your own view rather than rely on a single buy/sell rating.

OCSL

1-day price chart preview. Log in for 1W through 5Y ranges and period tabs.

Daily snapshot

0.92
MARKETSnap

Trading Metrics:

Open: 11.97   Previous Close: 11.91
Day Low: 11.94   Day High: 12.06
Year Low: 10.63   Year High: 14.77
Price Avg 50: 12.11   Price Avg 200: 12.68
Volume: 71033   Average Volume: 952692

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See in Nexus

Relevant news

Oaktree Specialty Lending: Dividend Cut, High Non-Accruals, Don't Buy
19-05-2026 02:03
Oaktree Specialty Lending: Dividend Cut, High Non-Accruals, Don't Buy
Oaktree Specialty Lending Corporation (OCSL) Q2 2026 Earnings Call Transcript
05-05-2026 18:21
Oaktree Specialty Lending Corporation (OCSL) Q2 2026 Earnings Call Transcript
Oaktree Specialty Lending Corporation Announces Second Fiscal Quarter 2026 Financial Results
05-05-2026 06:00
Oaktree Specialty Lending Corporation Announces Second Fiscal Quarter 2026 Financial Results
Oaktree Specialty Lending Corporation Schedules Second Fiscal Quarter Earnings Conference Call for May 5, 2026
02-04-2026 16:57
Oaktree Specialty Lending Corporation Schedules Second Fiscal Quarter Earnings Conference Call for May 5, 2026
Comparing Oaktree Specialty Lending (NASDAQ:OCSL) & Ponce Financial Group (NASDAQ:PDLB)
01-04-2026 01:28
Comparing Oaktree Specialty Lending (NASDAQ:OCSL) & Ponce Financial Group (NASDAQ:PDLB)
Oaktree Specialty Lending (OCSL) Projected to Post Quarterly Earnings on Wednesday
28-01-2026 03:13
Oaktree Specialty Lending (OCSL) Projected to Post Quarterly Earnings on Wednesday

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