Oaktree Specialty Lending Corporation/$OCSL
1D1W1M3M6MYTD1Y5YMAX
Capital at risk
About Oaktree Specialty Lending Corporation
Oaktree Specialty Lending Corp is a specialty finance company. The company provides lending services and invests in small and mid-sized companies. The company's investment objective is to maximize its portfolio's total return by generating current income from debt investments, and to a lesser extent, capital appreciation from equity investments. The company provides customized, one-stop credit solutions to companies with limited access to public or syndicated capital markets. The company operates as a single reportable segment and derives revenues from investing in originated loans and other securities, including broadly syndicated loans, of U.S. private companies and manages the business on a consolidated basis.
- Ticker
- $OCSL
- Sector
- Finance
- Primary listing
- NASDAQ
- Employees
- -
- Headquarters
- Los Angeles, United States
OCSL Metrics
BasicAdvanced
$1.1B
25.92
$0.48
0.55
$1.47
10.62%
Price and volume
Market cap
$1.1B
Beta
0.55
52-week high
$13.91
52-week low
$10.63
Average daily volume
449K
Dividend rate
$1.47
Financial strength
Current ratio
3.027
Quick ratio
2.863
Long term debt to equity
1.041
Total debt to equity
1.045
Dividend payout ratio (TTM)
310.44%
Interest coverage (TTM)
2.36%
Profitability
Gross margin (TTM)
100.00%
Net profit margin (TTM)
14.45%
Operating margin (TTM)
82.76%
Effective tax rate (TTM)
1.34%
Management effectiveness
Return on assets (TTM)
5.19%
Return on equity (TTM)
2.95%
Valuation
Price to earnings (TTM)
25.925
Price to revenue (TTM)
3.747
Price to book
0.79
Price to tangible book (TTM)
0.79
Price to free cash flow (TTM)
10.317
Free cash flow yield (TTM)
9.69%
Free cash flow per share (TTM)
1.205
Dividend yield (TTM)
11.83%
Forward dividend yield
10.62%
Growth
Revenue change (TTM)
-12.55%
Earnings per share change (TTM)
-12.29%
3-year revenue growth (CAGR)
-5.61%
10-year revenue growth (CAGR)
1.47%
3-year earnings per share growth (CAGR)
-27.19%
10-year earnings per share growth (CAGR)
-9.70%
3-year dividend per share growth (CAGR)
-11.31%
10-year dividend per share growth (CAGR)
-3.58%
What the Analysts think about OCSL
Analyst ratings (Buy, Hold, Sell) for Oaktree Specialty Lending Corporation stock.
Analyst projections of the future price of Oaktree Specialty Lending Corporation stock.
Bulls say / Bears say
Non-accruals fell to 1.8% of debt investments at fair value from 2.6% a quarter earlier, with six investments on non-accrual rather than ten. Recent repayments and exits suggest Oaktree is making progress on troubled credits. (Oaktree Specialty Lending, Stock Analysis)
Net leverage was a moderate 1.02 times and liquidity was nearly $700 million at June quarter-end. As a permanent-capital vehicle, OCSL also avoids the investor redemption pressure affecting some non-traded lenders and may have room to deploy when opportunities arise. (Stock Analysis)
New debt investments yielded 10.0%, above the portfolio's 9.3% average, and management said its pipeline offered stronger lender protections and lower leverage. If OCSL can invest more at these terms, returns on new capital could improve. (Stock Analysis)
Fitch maintained a Negative Outlook, citing above-average realised losses and non-accruals that could lead to further losses. It said OCSL's credit performance has lagged peers and that non-accruals remained above rated-peer averages at the time of its review. (Fitch Ratings)
Cash earnings have not comfortably supported the payout: Fitch put cash-based dividend coverage at 82.6% for the first half of fiscal 2026. OCSL cut its regular dividend to $0.30 per share from $0.40, its second cut since 2024, highlighting the risk of further pressure on distributions. (Fitch Ratings)
Income and investment activity point to continued pressure: Q3 investment income fell to $69.4 million from $75.3 million a year earlier, while repayments, exits and sales exceeded new commitments by about $56 million. A shrinking portfolio can make it harder to sustain earnings unless new lending replaces repayments. (Oaktree Specialty Lending)
Data summarised monthly by Lightyear AI. Last updated on 31 Oct 2026.
OCSL Financial Performance
Revenues and expenses
OCSL Earnings Performance
Company profitability
Upcoming events
No upcoming events
OCSL News
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Funds containing OCSL
Fund name | Fund size | $OCSL weighting |
|---|---|---|
iShares Listed Private Equity$IDPE | $843M | 0.37% |
iShares Listed Private Equity£IPRV | $843M | 0.37% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
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