Golub Capital Middle Market Report
Featuring the Golub Capital Altman Index
Revenue in the U.S. Middle Market Continues to Grow at 4.62%, With Information Technology Expanding at 9.85%, According to Golub Capital Middle Market Report
Overall earnings show slight decline of 0.66% during the first two months of Q3 2016, driven by Healthcare sector.
Index provides early insight into financial performance of public companies and GDP in advance of earnings season.
Golub Capital Altman Index Highlights
|Year-Over-Year (YoY) Growth||Revenue||Earnings|
|Key Sectors Q3 2016 (YoY)||Revenue||Earnings|
Lawrence E. Golub, CEO of Golub Capital, said:
Revenue continues to grow across all sectors, albeit slower than in previous quarters. Profit margins are still under pressure, despite positive GDP growth. One bright spot in our Golub Capital Middle Market Index for Q3 2016 is Information Technology, where we are seeing revenue growth of 9.85%. We saw strong performance in this sector last quarter too, stemming from productivity enhancements coming from the adoption of cloud-based software services. The IT sector has also contributed to job creation – from software engineers to salespeople and managers.
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- The Golub Capital Altman Index (GCAI) data for Q2 2021 are presented solely for the purpose of continuity. Readers are encouraged to interpret the data from those periods with caution. The GCAI is designed to offer early insight into the performance of the U.S. economy, based on data from the first two months of each calendar quarter. GCAI results for Q2 2021 were based on data from April and May 2021 compared to April and May 2020, when many businesses were affected by lockdowns and other restrictions.
- Effective Q2 2022, the Golub Capital Altman Index (GCAI) excludes Golub Capital portfolio companies that have recurring revenue-based credit facilities. The data referenced herein may not reflect all companies in the loan portfolio of Golub Capital during the time periods indicated.