Saratoga Investment Corp.

Saratoga Investment Corp.

SARยทNYSE

$22.41

-2.0%
Financial ServicesAsset Management

Saratoga Investment Corp. is a business development company specializing in leveraged and management buyouts, acquisition financings, growth financings, recapitalization, debt refinancing, and transitional financing transactions at the lower end of middle market companies. It structures its investments as debt and equity by investing through first and second lien loans, mezzanine debt, co-investments, select high yield bonds, senior secured bonds, unsecured bonds, and preferred and common equity. The firm prefers to invest in aerospace, automotive aftermarket and services, business products and services, consumer products and services, education, environmental services, industrial services, financial services, food and beverage, healthcare products and services, logistics, distribution, manufacturing, restaurants services, food services, software services, technology services, specialty chemical, media and telecommunications. It seeks to invest in the United States. The firm primarily invests $5 million to $50 million in companies having EBITDA of $2 million or greater and revenues of $8 million to $250 million. The firm prefer to take a majority stake. It invests through direct lending as well as participation in loan syndicates. The firm was formerly known as GSC Investment Corp. Saratoga Investment Corp. is based in New York, New York with an additional office in Florham Park, New Jersey.

At a Glance

Live Snapshot
Market Cap$364.56M
EPS2.3100
P/E Ratio9.70
Earnings Date07/14/2026
3Y+42.0%
5Y+149.0%
10Y+267.0%
3Y+48.0%
5Y+148.0%
10Y+221.0%
3Y-32.0%
5Y+41.0%
10Y-1406.0%
Saratoga Investment Corp.

Saratoga Investment Corp. Profit Bridge

SAR ยท NYSE
Revenue99.22M
Cost of Goods Sold (49.30M)
Gross Profit49.92M
Operating Expenses (11.83M)
Operating Income38.09M
Interest Expense (49.30M)
Other Income/Expense0.00
Pretax Income38.09M
Income Tax (1.48M)
Net Income36.60M
Net Income
36.60M

Profitability Analysis

Gross Margin

50.3%

Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.

Operating Margin

38.4%

Outstanding operational efficiency. The company generates substantial profit from core operations.

Net Profit Margin

36.9%

Exceptional profitability. The company converts a significant portion of revenue to bottom-line earnings.

Effective Tax Rate

3.9%

Below-average tax rate suggests effective tax planning, favorable jurisdictions, or tax credits.

Profitability Insight

Exceptional profitability across all levels: Strong pricing power, efficient operations, and healthy bottom line indicate a high-quality business with sustainable competitive advantages.

Saratoga Investment Corp. Income Statement

SAR โ€ข NYSE

Saratoga Investment Corp. Income StatementFeb 2026Feb 2025Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017Feb 2016Feb 2015Feb 2014Feb 2013Feb 2012Feb 2011Feb 2010Feb 2009Feb 2008Feb 2007
REVENUE
99.2M
94.2M
69.5M
69.9M
77.5M
39.9M
78.3M
37.9M
33.4M
27M
24.3M
22M
18.3M
19.9M
18.2M
22.4M
-2.8M
23.4M
21.4M
0.0
GROSS PROFIT
(49.3M)
(52.1M)
(49.2M)
(33.5M)
(19.9M)
(13.6M)
(14.7M)
(13.1M)
(10.9M)
(9.9M)
(8.5M)
(7.4M)
(6.1M)
(2.5M)
(1.3M)
(2.6M)
(4.1M)
(2.6M)
(5M)
(0.0)
49.9M
42.1M
20.4M
36.4M
57.6M
26.3M
63.6M
24.8M
22.4M
17.1M
15.8M
14.6M
12.2M
17.3M
16.9M
19.8M
-6.9M
20.8M
16.4M
0.0
OPERATING INCOME
(11.8M)
(10.1M)
(8.7M)
(9.6M)
(9.1M)
(6.4M)
(7.3M)
(5.5M)
(4.8M)
(5.7M)
(4M)
(3.3M)
(3.7M)
(3.3M)
(3.6M)
(2.8M)
(3.5M)
(6.8M)
(21.7M)
(90K)
(11M)
(9.3M)
(8.6M)
(8M)
(6.6M)
(6.3M)
(5.7M)
(5.5M)
(4.8M)
(4.3M)
(4M)
(3.3M)
(3.7M)
(3.3M)
(3.6M)
(5.7M)
(4.2M)
(6.7M)
(5.4M)
(100K)
38.1M
32M
11.7M
26.8M
48.5M
19.9M
56.3M
19.2M
17.7M
11.4M
11.8M
11.3M
8.5M
14M
13.3M
17M
-10.4M
14M
-5.4M
-130K
PRE-TAX INCOME
(49.3M)
(52.1M)
(49.2M)
(33.5M)
(19.9M)
(13.6M)
(14.7M)
(13.1M)
(10.9M)
(9.9M)
(8.5M)
(7.4M)
(6.1M)
(2.5M)
(1.3M)
(2.6M)
(4.1M)
(2.6M)
(5M)
(0.0)
65.5M
85.5M
81.1M
53.1M
38.6M
38.1M
33.9M
30.2M
24.2M
19.5M
18.4M
17.3M
14.1M
11.9M
10M
9.4M
9.2M
18.5M
15.7M
0.0
(824K)
(801K)
(110K)
(1.6M)
(2.4M)
(128.4K)
(1.6M)
(173.0)
-21.0
(1.5M)
-286.0
-108.0
(165.0)
(338.0)
(0.0)
-2.9M
-670K
(156K)
(16.3M)
-10K
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
-35.1M
0.0
0.0
38.1M
32M
11.7M
26.8M
48.5M
19.9M
56.3M
19.2M
17.7M
11.4M
11.8M
11.3M
8.5M
14M
13.3M
17M
-10.4M
-21.2M
-5.4M
-130K
NET INCOME
(1.5M)
(3.9M)
(2.8M)
(2.1M)
(2.8M)
(5.2M)
(607.6K)
(739.7K)
-14.7K
(44.8K)
(113.8K)
(293.7K)
(0.0)
(0.0)
(0.0)
(0.0)
(27.4K)
(140.3K)
(89K)
(0.0)
36.6M
28.1M
8.9M
24.7M
45.7M
14.8M
55.7M
18.5M
17.7M
11.4M
11.6M
11M
8.5M
14M
13.3M
17M
-10.5M
-21.3M
-5.5M
-130K

SEC Filings

SAR - Filing history and reports

No SEC filings available for SAR