GIC vs. SAR

Last updated Apr 1, 2026

Compare and contrast key facts about Global Industrial Company (GIC) and Saratoga Investment Corp. (SAR).

Performance

GIC vs. SAR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global Industrial Company (GIC) and Saratoga Investment Corp. (SAR). The values are adjusted to include any dividend payments, if applicable.

GIC vs. SAR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
GIC Global Industrial Company	8.83%	22.45%	-34.29%	69.66%	-41.04%	18.77%	62.74%	7.69%	-1.33%	286.91%
SAR Saratoga Investment Corp.	-2.13%	10.36%	6.07%	12.91%	-3.82%	51.00%	-10.92%	34.20%	-2.78%	20.77%

Fundamentals

Market Cap GIC : $1.21B SAR : $352.30M
EPS GIC : $1.88 SAR : $1.56
PE Ratio GIC : 16.80 SAR : 14.01
PEG Ratio GIC : 16.04 SAR : 0.21
PS Ratio GIC : 0.88 SAR : 0.01
Total Revenue (TTM) GIC : $1.38B SAR : $31.72B
Gross Profit (TTM) GIC : $490.20M SAR : $41.64M
EBITDA (TTM) GIC : $97.60M SAR : $1.28B

Returns By Period

In the year-to-date period, GIC achieves a 8.83% return, which is significantly higher than SAR's -2.13% return. Over the past 10 years, GIC has outperformed SAR with an annualized return of 21.07%, while SAR has yielded a comparatively lower 13.95% annualized return.

GIC

• 1D: 2.20%
• 1M: -3.58%
• YTD: 8.83%
• 6M: -12.45%
• 1Y: 45.88%
• 3Y*: 8.94%
• 5Y*: -2.54%
• 10Y*: 21.07%

SAR

• 1D: 2.63%
• 1M: -4.56%
• YTD: -2.13%
• 6M: -3.34%
• 1Y: -1.02%
• 3Y*: 8.27%
• 5Y*: 8.39%
• 10Y*: 13.95%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

GIC vs. SAR — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

GIC

GIC Risk / Return Rank: 75
GIC Sharpe Ratio Rank: 76
GIC Sortino Ratio Rank: 78
GIC Omega Ratio Rank: 83
GIC Calmar Ratio Rank: 72
GIC Martin Ratio Rank: 69

SAR

SAR Risk / Return Rank: 37
SAR Sharpe Ratio Rank: 39
SAR Sortino Ratio Rank: 33
SAR Omega Ratio Rank: 33
SAR Calmar Ratio Rank: 41
SAR Martin Ratio Rank: 40

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

GIC vs. SAR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global Industrial Company (GIC) and Saratoga Investment Corp. (SAR). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	GIC	SAR	Difference
Sharpe ratio Return per unit of total volatility	1.05	-0.04	+1.10
Sortino ratio Return per unit of downside risk	1.97	0.09	+1.88
Omega ratio Gain probability vs. loss probability	1.31	1.01	+0.29
Calmar ratio Return relative to maximum drawdown	1.50	-0.04	+1.53
Martin ratio Return relative to average drawdown	3.19	-0.09	+3.28
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

GIC vs. SAR - Sharpe Ratio Comparison

The current GIC Sharpe Ratio is 1.05, which is higher than the SAR Sharpe Ratio of -0.04. The chart below compares the historical Sharpe Ratios of GIC and SAR, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	GIC	SAR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.05	-0.04	+1.10
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.06	0.38	-0.44
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.46	0.37	+0.08
Sharpe Ratio (All Time) Calculated using the full available price history	0.08	0.14	-0.06

Correlation

The correlation between GIC and SAR is 0.16, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

GIC vs. SAR - Dividend Comparison

GIC's dividend yield for the trailing twelve months is around 3.36%, less than SAR's 14.86% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GIC Global Industrial Company	3.36%	3.56%	4.03%	2.06%	3.06%	4.01%	9.92%	1.91%	39.51%	1.05%	1.14%	0.00%
SAR Saratoga Investment Corp.	14.86%	14.04%	13.80%	10.90%	11.02%	6.16%	6.57%	6.61%	10.35%	10.51%	9.12%	14.14%

Drawdowns

GIC vs. SAR - Drawdown Comparison

The maximum GIC drawdown since its inception was -98.09%, which is greater than SAR's maximum drawdown of -90.51%. Use the drawdown chart below to compare losses from any high point for GIC and SAR.

Drawdown Indicators

	GIC	SAR	Difference
Max Drawdown Largest peak-to-trough decline	-98.09%	-90.51%	-7.58%
Max Drawdown (1Y) Largest decline over 1 year	-30.04%	-14.38%	-15.66%
Max Drawdown (5Y) Largest decline over 5 years	-53.19%	-26.19%	-27.00%
Max Drawdown (10Y) Largest decline over 10 years	-55.74%	-69.89%	+14.15%
Current Drawdown Current decline from peak	-27.41%	-7.72%	-19.69%
Average Drawdown Average peak-to-trough decline	-59.12%	-17.38%	-41.74%
Ulcer Index Depth and duration of drawdowns from previous peaks	14.14%	5.53%	+8.61%

Volatility

GIC vs. SAR - Volatility Comparison

The current volatility for Global Industrial Company (GIC) is 7.00%, while Saratoga Investment Corp. (SAR) has a volatility of 8.96%. This indicates that GIC experiences smaller price fluctuations and is considered to be less risky than SAR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GIC	SAR	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.00%	8.96%	-1.96%
Volatility (6M) Calculated over the trailing 6-month period	25.94%	15.31%	+10.63%
Volatility (1Y) Calculated over the trailing 1-year period	43.71%	23.30%	+20.41%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	40.22%	22.47%	+17.75%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	46.30%	37.59%	+8.71%

Financials

GIC vs. SAR - Profitability Comparison

The chart below illustrates the profitability comparison between Global Industrial Company and Saratoga Investment Corp. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

GIC - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Global Industrial Company reported a gross profit of 119.10M and revenue of 345.60M. Therefore, the gross margin over that period was 34.5%.

SAR - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Saratoga Investment Corp. reported a gross profit of 0.00 and revenue of 31.65B. Therefore, the gross margin over that period was 0.0%.

GIC - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Global Industrial Company reported an operating income of 19.60M and revenue of 345.60M, resulting in an operating margin of 5.7%.

SAR - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Saratoga Investment Corp. reported an operating income of 0.00 and revenue of 31.65B, resulting in an operating margin of 0.0%.

GIC - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Global Industrial Company reported a net income of 14.60M and revenue of 345.60M, resulting in a net margin of 4.2%.

SAR - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Saratoga Investment Corp. reported a net income of 0.00 and revenue of 31.65B, resulting in a net margin of 0.0%.