Crescent Capital BDC, Inc. (CCAP) Stock

Crescent Capital BDC, Inc. (CCAP) is a Financial Services stock trading at $10.85 (as of 2026-07-24), with a market capitalization of $399.78M and a trailing P/E of 26.5. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Unable to draft a fact-based description because the company’s SEC 10-K “Business” (Item 1) text was not provided. Please share the relevant Item 1 excerpt so the summary can be written from the primary source.

Understand Crescent Capital BDC, Inc.: how it makes money

Crescent Capital BDC is a business development company that makes direct private equity buyout and loan fund investments in US middle-market companies, and it makes money from the returns on those directly held investments.

Because Crescent Capital BDC specializes in directly investing in US middle-market private equity buyouts and loan fund investments, its results primarily hinge on the returns generated by those investments, after operating costs.

Business quality (Weak): The company focus is clear from the description, but there is no provided segment breakdown or operating KPI data, and the latest provided quarter shows a negative operating margin (-57.7%).

Valuation: At 6× earnings, CCAP trades 40% below the Asset Management average (10×). Note: one-time items can distort reported P/E.

Bull case

  • Specialized focus on middle-market, direct investing: The company specializes in directly investing in middle market private equity / buyouts and loan fund opportunities in the United States.
  • US-focused strategy: Its stated investment target is the United States, which concentrates its origination and portfolio focus.

Bear case

  • Direct investment performance risk: Since it invests directly, investment outcomes will depend on the performance of its private equity / buyout and loan fund investments.
  • Latest quarter profitability concern: In the quarter ended 2026-03-31, the provided operating margin is negative (-57.7%), which may indicate earnings pressure in the period.
Valuation — source: SEC EDGAR (first-party)
Price$10.85
Market Cap$399.78M
P/E Ratio26.5
Price / Book0.59
Price / Sales2.45
DCF Value (model)$4.94
DCF Upside vs Price-54.5%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$167.28M
Net Margin20.6%
Revenue Growth (YoY)-10.0%
EPS Growth (YoY)-6.7%
Valuation vs Sector & Industry
Stock P/E26.5
Sector P/E (Financial Services)8.9
Industry P/E (Asset Management)8.9
vs Sector197.7%
vs Industry197.0%
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderTexas County & District Retirement System ($60.77M)
Institutional Holders Tracked10
Company
SectorFinancial Services
IndustryAsset Management
CEOJason A. Breaux
CountryUS
IPO Date2020-02-03

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CCAP earnings history · CCAP institutional & insider holders · CCAP KPIs & operating metrics · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-07-24.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.