GSBD
Goldman Sachs BDC, Inc. Financial Services - BDC Investor Relations →
Goldman Sachs BDC, Inc. (GSBD) closed at $10.09 as of 2026-05-01, trading 2.7% above its 200-week moving average of $9.83. The stock moved further from the line this week, up from -3.2% last week. The 14-week RSI sits at 67, indicating neutral momentum.
Trading volume is running at 1.3x of its 14-week average, which is in the normal range. The balance between buying and selling volume (1.02 ratio) is neutral — neither side is clearly dominating.
Over the past 532 weeks of data, GSBD has crossed below its 200-week moving average 14 times. On average, these episodes lasted 10 weeks. Historically, investors who bought GSBD at the start of these episodes saw an average one-year return of +18.4%.
With a market cap of $1136 million, GSBD is a small-cap stock. The company generates a free cash flow yield of 9.6%, which is notably high. Return on equity stands at 8.0%. The stock trades at 0.8x book value.
Share count has increased 9.4% over three years, indicating dilution. This stock also meets the Yartseva multibagger criteria as a small-cap with strong free cash flow yield and reasonable book value.
Over the past 10.2 years, a hypothetical investment of $100 in GSBD would have grown to $164, compared to $439 for the S&P 500. GSBD has returned 4.9% annualized vs 15.5% for the index, underperforming the broader market over this period.
Free cash flow has been growing at a 128.1% compound annual rate, with 4 consecutive years of positive cash generation.
Business Health
Annual financials — how the underlying business has performed over the past several years.
Cash Flow Free cash flow & net income ($M)
Revenue Annual revenue ($M) — business growth proxy
Total Debt Balance sheet debt ($M)
ROIC Return on invested capital (%)
FCF Yield Free cash flow / market cap (%) — Yartseva signal
Gross Margin Pricing power & competitive moat (%)
Shares Outstanding Buybacks vs dilution (millions)
Growth of $100: GSBD vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After GSBD Crosses Below the Line?
Across 14 historical episodes, buying GSBD when it crossed below its 200-week moving average produced an average return of +19.4% after 12 months (median +17.0%), compared to +24.8% for the S&P 500 over the same periods. 85% of those episodes were profitable after one year. After 24 months, the average return was +19.6% vs +48.4% for the index.
Each line shows $100 invested at the moment GSBD crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
GSBD has crossed below its 200-week MA 14 times with an average 1-year return of +18.4% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Feb 2016 | Apr 2016 | 8 | 8.3% | +46.0% | +68.9% |
| May 2016 | May 2016 | 1 | 0.8% | +34.8% | +56.4% |
| May 2016 | May 2016 | 1 | 0.3% | +25.3% | +55.6% |
| Mar 2018 | Apr 2018 | 1 | 1.2% | +17.3% | +38.4% |
| Dec 2018 | Dec 2018 | 1 | 1.9% | +30.3% | +36.0% |
| Mar 2020 | Nov 2020 | 35 | 42.4% | +49.9% | +52.5% |
| Sep 2022 | Oct 2022 | 4 | 7.7% | +14.2% | +18.0% |
| Dec 2022 | Jan 2023 | 5 | 10.3% | +16.1% | +13.4% |
| Mar 2023 | Jul 2023 | 18 | 9.9% | +26.0% | +15.0% |
| Oct 2023 | Oct 2023 | 1 | 1.2% | +12.9% | +8.4% |
| Nov 2024 | Jan 2025 | 11 | 6.6% | -9.7% | -0.4% |
| Feb 2025 | Feb 2025 | 1 | 0.0% | -13.2% | -1.0% |
| Mar 2025 | Jul 2025 | 18 | 16.3% | -10.3% | +0.6% |
| Jul 2025 | Ongoing | 40+ | 13.5% | Ongoing | +3.6% |
| Average | 10 | — | +18.4% | — |
Frequently Asked Questions
Is GSBD below its 200-week moving average?
No. Goldman Sachs BDC, Inc. (GSBD) is currently 2.7% above its 200-week moving average of $9.83. It would need to fall to $9.83 to cross below the line.
What is GSBD's 200-week moving average price?
Goldman Sachs BDC, Inc.'s 200-week moving average is $9.83 as of 2026-05-01. This is the average weekly closing price over roughly the last 4 years, and it acts as a long-term trend line. When a stock drops below this level, it can signal that the price has fallen far enough from the long-term trend to attract value-oriented investors.
What happens when GSBD drops below its 200-week moving average?
GSBD has crossed below its 200-week moving average 14 times in our data. On average, buying at that moment produced a one-year return of +18.4%. These dips have historically been decent entry points. These episodes lasted 10 weeks on average.
Is GSBD a good value right now?
Here's what our data says about GSBD as of 2026-05-01: The stock is above its 200-week moving average, so it doesn't currently meet our primary signal. The 14-week RSI is 67. Free cash flow yield is 9.6%. Return on equity is 8.0%. Price-to-book is 0.8x. This is not a buy or sell recommendation — always do your own research.
How does GSBD compare to the S&P 500?
Over the past 10.2 years, $100 invested in GSBD would have grown to $164, compared to $439 for the S&P 500. That's 4.9% annualized vs 15.5% for the index. GSBD has underperformed the broader market over this period.
Does GSBD pay a dividend?
Yes. Goldman Sachs BDC, Inc. currently pays a dividend yield of 1417.00%.
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of week of 2026-05-01