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OFSOFS Capital Corporation
$3.61$48M
Overview & Verdict
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OFS logoOFS Capital Corporation(OFS)Earnings, Financials & Key Ratios

OFS•NASDAQ
$3.58
Price updated Jul 2, 2026
SectorFinancial ServicesIndustryAsset ManagementSub-IndustryPrivate credit and BDC lenders
AboutOFS Capital Corporation is a business development company specializing in direct and fund investments as well as add-on acquisitions. It provides flexible capital solutions primarily through debt capital and to a lesser extent, minority equity investments serving the needs of U.S.-based middle-market companies across a broad array of industries. It does not invest in operational turnarounds or start-up businesses. For direct, it specializes in debt and structured equity investments, recapitalizations and refinancing, management and leveraged buyouts, acquisition financings, shareholder liquidity events, growth capital, independent sponsor transactions, ESOPs, and minority investments in the lower middle market companies. It invests in the aerospace and defense, business services, consumer products and services, food and beverage, health care services, specialty chemicals, transportation and logistics, value added distribution, franchising, and industrial and niche manufacturing sectors. The firm invests in companies based in United States. It seeks to invest between $5 million and $35 million, revenues between $10 million and $200 million, annual EBITDA more than $5 million, and Enterprise value between $10 million and $500 million. The firm seeks to invest in companies with debt investment values between $5 million and $25 million. The fund uses senior secured, unitranche loans, first-lien, second-lien, subordinated/ mezzanine loans, warrants, and preferred equity securities and common equity securities. It prefers to take a minority as well as majority stake in the investments made. It also co-invests with its partners for additional capital.Show more
  • EBITDA-$33M-216.1%
  • Net Income-$33M-216.4%
  • EPS (Diluted)-2.47-216.5%
  • Gross Margin239.81%+261.2%
  • EBITDA Margin280.24%+386.8%
  • Operating Margin280.24%+387.9%
  • Net Margin280.24%+387.9%
  • ROE-22.4%-231.6%

OFS Price & Volume

OFS Capital Corporation (OFS) stock price & volume — 10-year historical chart

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Persistent Portfolio Valuation Volatility Strains Capital Base

Investment Thesis • Updated 2026Q1

VerdictNegative: The firm's inability to maintain consistent profitability
Growth:Contracting
Profitability:Negative
Financial:Vulnerable
Cash Flow:Deteriorating
Primary Risk:Portfolio Credit Quality Erosion

Key Thesis Takeaways

  • OFS Capital Corporation faces significant fundamental headwinds as recurring net losses and erratic revenue performance, including a -$2.4M revenue result in 2026Q1, undermine the firm's long-term earnings stability.
  • The erosion of shareholder equity, evidenced by retained earnings falling to -$65.0M, suggests that the current investment platform is struggling to generate sufficient returns to cover its dividend obligations.
  • Investors should remain cautious as the firm's reliance on non-operating valuation adjustments creates a disconnect between reported accounting figures and actual cash-generating capacity.

Verdict Logic

coupled with a dividend yield of 35.1% that appears disconnected from underlying cash flow generation, suggests significant risk to capital preservation.

OFS Growth Metrics

OFS Capital Corporation (OFS) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years-
5 Years-
3 Years-
TTM-

Profit CAGR

10 Years-
5 Years-
3 Years-
TTM-223.8%

EPS CAGR

10 Years-
5 Years-
3 Years-
TTM-223.45%

Return on Capital

10 Years1.98%
5 Years1.49%
3 Years-0.76%
Last Year-8.68%

Latest OFS News

Recent stock market news and headlines for OFS Capital Corporation (OFS)

Business Wire·Jun 15, 2026
OFS Credit Company Provides May 2026 Net Asset Value Update

CHICAGO--(BUSINESS WIRE)--OFS Credit Company, Inc. (Nasdaq: OCCI, OCCIM, OCCIN) (“OFS Credit,” the “Company,” “we,” “us” or “our”), an investment company that primarily invests in collateralized loan obligation (“CLO”) equity and debt securities, today announced the following net asset value (“NAV”) estimate at May 31, 2026. Management's unaudited estimate of the range of our NAV per share of our common stock at May 31, 2026 is between $3.56 and $3.66. This estimate is not a comprehensive state.

Peers Comparison

Key metrics vs top competitors for OFS Capital Corporation (OFS)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
OFS logoOFSOFS Capital CorporationCurrent
$3.58$47.97M-1.45-123.85%280.24%-22.4%33.24%
GAIN logoGAINGladstone Investment Corporation
$15.67$624.01M3.29-20.47%173.56%34.04%—
CSWC logoCSWCCapital Southwest Corporation
$24.04$1.49B12.6550.13%50.89%11.68%—
TPVG logoTPVGTriplePoint Venture Growth BDC Corp.
$5.07$205.84M4.1636.55%-19.55%-3.39%—
MRCC logoMRCCMonroe Capital Corporation
$5.08$110.06M9.58-39.74%-72.87%-2.9%—
HRZN logoHRZNHorizon Technology Finance Corporation
$4.73$208.73M4.5017.91%37.39%8.95%—

Compare OFS vs Peers

OFS Capital Corporation (OFS) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs GAIN

Most directly comparable listed peer for OFS.

Scale Benchmark

vs ARCC

Larger-name benchmark to compare OFS against a more recognizable public peer.

Peer Set

Compare Top 5

vs GAIN, CSWC, TPVG, MRCC

OFS SEC Filings & Documents

OFS Capital Corporation (OFS) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Jun 10, 2026·SEC

Material company update

Apr 30, 2026·SEC

Material company update

Mar 27, 2026·SEC

10-K Annual Reports

3
FY 2026

Mar 3, 2026·SEC

FY 2025

Mar 4, 2025·SEC

FY 2024

Mar 5, 2024·SEC

10-Q Quarterly Reports

6
FY 2025

Oct 31, 2025·SEC

FY 2025

Aug 1, 2025·SEC

FY 2025

May 2, 2025·SEC

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OFS Frequently Asked Questions

OFS Capital Corporation (OFS) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is OFS Capital Corporation's revenue?

OFS Capital Corporation (OFS) reported $-11.9M in revenue for fiscal year 2025.

How fast is OFS Capital Corporation growing?

OFS Capital Corporation (OFS) saw revenue decline by 123.8% over the past year.

Is OFS profitable?

OFS Capital Corporation (OFS) reported a net loss of $37.4M for fiscal year 2025.

Dividend & Returns
Does OFS pay dividends?

Yes, OFS Capital Corporation (OFS) pays a dividend with a yield of 33.24%. This makes it attractive for income-focused investors.

What is OFS's return on equity?

OFS Capital Corporation (OFS) has a return on equity (ROE) of -22.4%. Negative ROE indicates the company is unprofitable.

What is OFS Capital Corporation's free cash flow?

OFS Capital Corporation (OFS) generated $62.6M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

What if you invested $1,000 in OFS back in 2009?

Total return calculator · dividends reinvested · 17+ years of data

See returns →