Saratoga Investment Corp. cash flow statement SAR

In fiscal 2026, which ended Feb 28, 2026, Saratoga Investment Corp. used $88.0 million of cash from operations, down 144.6% from the year before. The company returned $52.4 million in dividends and $54,314 in share buybacks to shareholders.

USD in millions, except per-share amounts and ratios. The percent under a figure is the change from the year before.

Line
FY 2026
Feb 28, 2026
FY 2025
Feb 28, 2025
FY 2024
Feb 29, 2024
FY 2023
Feb 28, 2023
Operating
Operating cash flow
-88
-144.6%
198
+225.7%
-157
-20.6%
-130
Financing
Dividends paid
52
+28.5%
41
+27.1%
32
+41.4%
23
Stock buybacks
0
-97.5%
—
2
-80.1%
11
Financing cash flow
-95
-184.8%
-33
-132.8%
102
-41.4%
174
Shareholder returns
Returned to shareholders
52
41
34
33
Ratios
Cash conversion
-2.40x
7.03x
-17.60x
—
How these figures are calculated

Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions, except per-share amounts and ratios. Capital expenditures, debt repaid, dividends, and buybacks are positive amounts. Investing and financing cash flow keep the filing sign, so an outflow is negative. Free cash flow is operating cash flow minus capital expenditures. Returned to shareholders is dividends plus buybacks. Free cash flow margin, capital expenditures, and stock-based compensation are divided by revenue. Cash conversion is operating cash flow divided by net income. More on our methodology.

Company profile

Listed as
SAR (NYSE), SAJ (NYSE), SAV (NYSE), SAX (NYSE), SAY (NYSE), SAZ (NYSE)
Fiscal year ends
February 28
Incorporated in
MD
Headquarters
New York, NY
SEC filer status
Accelerated filer
SEC CIK
1377936
Former names
GSC INVESTMENT CORP. (until Aug 3, 2010); GSC Investment LLC (until Mar 21, 2007)

Source: SEC EDGAR filings. This is company-reported data, not investment advice.