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MAIN logoMain Street Capital Corporation(MAIN)Earnings, Financials & Key Ratios

MAIN•NYSE•Banking & Credit
$57.36
$5.14B mkt cap·9.8× P/E·Price updated May 6, 2026
SectorFinancial ServicesIndustryAsset ManagementSub-IndustryPrivate credit and BDC lenders
AboutMain Street Capital Corporation is a business development company specializes in equity capital to lower middle market companies. The firm specializing in recapitalizations, management buyouts, refinancing, family estate planning, management buyouts, refinancing, industry consolidation, mature, later stage emerging growth. The firm also provides debt capital to middle market companies for acquisitions, management buyouts, growth financings, recapitalizations and refinancing. The firm seeks to partner with entrepreneurs, business owners and management teams and generally provides one stop financing alternatives within its lower middle market portfolio. It prefers to invest in air freight and logistics, auto components, building products, chemicals, commercial services, computers, construction and engineering, consumer finance, consumer services, electronic equipment, energy equipment and services, financial services, health care equipment, health care providers, hotels, restaurants, and leisure, internet software and services, IT Services, machinery, oil, gas and consumable fuels, paper and forest products, professional and industrial services, road and rail, software, specialty retail, telecommunication, consumer discretionary, energy, materials, technology, and transportation. The firm typically invests in lower middle market companies generally with annual revenues between $5 million and $300 million. It prefers to invest in ranging between $2 million and $75 million in equity investment and enterprise value in ranging between $3 million and $20 million. The firm typically prefers to invest in the range of $5 million and $50 million per transaction in debt investment value and in the range of $1 million and $20 million in annual EBITDA. The firm's middle market debt investments are made in businesses that are generally larger in size than its lower middle market portfolio companies. It takes 5 percent minority and up to 50 percent majority equity investments. Main Street Capital Corporation was founded in 2007 and is based in Houston, Texas with an additional office in Chojnów, Poland.Show more
  • Net Interest Income$418M+5.0%
  • Total Revenue$725M+18.3%
  • Net Income$508M+18.6%
  • Return on Equity19.26%+3.1%
  • Net Interest Margin8.15%-8.9%
  • Efficiency Ratio8.63%-10.1%
  • ROA10.62%+7.7%
  • Equity / Assets54.63%-2.0%
  • Book Value per Share31.59+4.5%
  • Tangible BV/Share31.59+4.5%
  • Debt/Equity0.76+4.3%
Technical→

MAIN Key Insights

Main Street Capital Corporation (MAIN) fundamental analysis — strengths, weaknesses & financial health based on data analysis

✓Strengths

  • ✓Strong 5Y profit CAGR of 31.4%
  • ✓Strong NIM of 8.2%
  • ✓Efficient operations: 8.6% efficiency ratio
  • ✓Well capitalized: 54.6% equity/assets
  • ✓Good 3Y average ROE of 16.8%

✗Weaknesses

  • ✗Weak Piotroski F-Score: 3/9

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

MAIN Price & Volume

Main Street Capital Corporation (MAIN) stock price & volume — 10-year historical chart

Loading chart...

MAIN Growth Metrics

Main Street Capital Corporation (MAIN) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years16.08%
5 Years27.15%
3 Years15.53%
TTM-

Profit CAGR

10 Years17.56%
5 Years31.43%
3 Years15.38%
TTM13.45%

EPS CAGR

10 Years9.74%
5 Years23.21%
3 Years6.82%
TTM9.24%

Return on Capital

10 Years7.45%
5 Years8.1%
3 Years9.53%
Last Year11.36%

MAIN Recent Earnings

Main Street Capital Corporation (MAIN) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 6/12 qtrs (50%)●Beat Revenue 7/12 qtrs (58%)
Q1 2026Latest
Feb 26, 2026
EPS
$1.09
Est $1.05
+3.8%
Revenue
$146M
Est $143M
+1.7%
Q4 2025
Nov 6, 2025
EPS
$0.97
Est $1.04
-6.7%
Revenue
$184M
Est $140M
+30.8%
Q3 2025
Aug 7, 2025
EPS
$0.99
Est $0.99
+0.0%
Revenue
$202M
Est $137M
+47.4%
Q2 2025
May 8, 2025
EPS
$1.01
Est $1.00
+1.0%
Revenue
$171M
Est $138M
+23.4%
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q1 2026LatestFeb 26, 2026
$1.09vs $1.05+3.8%
$146Mvs $143M+1.7%
Q4 2025Nov 6, 2025
$0.97vs $1.04-6.7%
$184Mvs $140M+30.8%
Q3 2025Aug 7, 2025
$0.99vs $0.99+0.0%
$202Mvs $137M+47.4%
Q2 2025May 8, 2025
$1.01vs $1.00+1.0%
$171Mvs $138M+23.4%
Based on last 12 quarters of dataView full earnings history →

MAIN Peer Comparison

Main Street Capital Corporation (MAIN) competitors in Private credit and BDC lenders — business model, growth, and fundamentals comparison

Select Columns
Stock Universe
Valuation
Growth
Profitability
Financial Health
Dividends & Buybacks
Price Performance
Technical
Fundamentals ($)
Sector-Specific
CompanyMarket CapStock PriceP/E Ratio (TTM)Revenue Growth 1YNet MarginReturn on Equity (ROE)FCF YieldDebt / Equity
ARCC logoARCCAres Capital CorporationDirect Competitor13.89B19.3510.4032.87%41.3%8.11%8.22%1.12
GBDC logoGBDCGolub Capital BDC, Inc.Direct Competitor3.53B13.409.4442.5%43.19%6.42%1.23
HTGC logoHTGCHercules Capital, Inc.Direct Competitor3.04B16.578.9626.97%62.1%13.18%1.04
TPVG logoTPVGTriplePoint Venture Growth BDC Corp.Direct Competitor221.89M5.484.4936.55%50.62%14.02%1.33
CSWC logoCSWCCapital Southwest CorporationDirect Competitor1.44B24.3016.537.67%43.07%10.32%1.08
SLRC logoSLRCSLR Investment Corp.Direct Competitor871.24M15.979.3924.76%42.04%7.31%1.15
FSK logoFSKFS KKR Capital Corp.Product Competitor3.22B11.50292.625.5%0.94%0.19%18.38%1.31
OBDC logoOBDCBlue Owl Capital CorporationProduct Competitor6.09B11.919.6050.73%48.24%8.71%28.61%

Compare MAIN vs Peers

Main Street Capital Corporation (MAIN) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs ARCC

Most directly comparable listed peer for MAIN.

Scale Benchmark

vs BX

Larger-name benchmark to compare MAIN against a more recognizable public peer.

Peer Set

Compare Top 5

vs ARCC, GBDC, HTGC, TPVG

MAIN Income Statement

Main Street Capital Corporation (MAIN) annual income statement — 10-year revenue, gross profit & net income history

10Y historyFree accessUpdated daily
Line itemDec'16Dec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24TTM
Net Interest Income105.23M125.45M133.61M137.12M124.09M230.21M298.58M397.81M417.6M431.11M
NII Growth %5.02%19.22%6.5%2.63%-9.51%85.52%29.7%33.23%4.97%14.54%
Net Interest Margin %5.08%5.54%5.23%5.06%4.48%6.24%7.04%8.95%8.15%8.16%
Interest Income138.86M161.93M177.1M187.38M173.68M289.05M376.86M500.38M541.03M561.29M
Interest Expense33.63M36.48M43.49M50.26M49.59M58.84M78.28M102.58M123.43M130.18M
Loan Loss Provision0000000000
Non-Interest Income62.29M102.53M75.57M30.68M-73.09M180.96M19.6M112.07M183.65M191.78M
Non-Interest Income %30.97%38.77%29.91%14.07%-72.67%38.5%4.94%18.3%25.34%25.47%
Total Revenue
201.15M▲ 0%
264.47M▲ 31.5%
252.68M▼ 4.5%
218.06M▼ 13.7%
100.58M▼ 53.9%
470.01M▲ 367.3%
396.46M▼ 15.6%
612.46M▲ 54.5%
724.68M▲ 18.3%
753.07M▲ 0%
Revenue Growth %30.5%31.48%-4.46%-13.7%-53.87%367.27%-15.65%54.48%18.32%42.57%
Non-Interest Expense29.85M32.9M34.82M36.99M35.16M47.55M53.26M58.79M62.54M68.1M
Efficiency Ratio14.84%12.44%13.78%16.96%34.95%10.12%13.43%9.6%8.63%9.04%
Operating Income
137.67M▲ 0%
195.09M▲ 41.7%
174.37M▼ 10.6%
130.81M▼ 25.0%
15.84M▼ 87.9%
363.63M▲ 2195.3%
264.93M▼ 27.1%
451.09M▲ 70.3%
538.71M▲ 19.4%
554.79M▲ 0%
Operating Margin %68.44%73.77%69.01%59.99%15.75%77.37%66.82%73.65%74.34%73.67%
Operating Income Growth %43.78%41.71%-10.62%-24.98%-87.89%2195.32%-27.14%70.27%19.43%-
Pretax Income
137.67M▲ 0%
195.09M▲ 41.7%
174.37M▼ 10.6%
130.81M▼ 25.0%
15.84M▼ 87.9%
363.63M▲ 2195.3%
264.93M▼ 27.1%
451.09M▲ 70.3%
538.71M▲ 19.4%
554.79M▲ 0%
Pretax Margin %68.44%73.77%69.01%59.99%15.75%77.37%66.82%73.65%74.34%73.67%
Income Tax-1.23M24.47M6.15M1.24M-13.54M32.86M23.32M22.64M30.63M18.27M
Effective Tax Rate %-0.89%12.54%3.53%0.95%-85.48%9.04%8.8%5.02%5.69%3.29%
Net Income
138.9M▲ 0%
170.62M▲ 22.8%
168.21M▼ 1.4%
129.57M▼ 23.0%
29.38M▼ 77.3%
330.76M▲ 1025.7%
241.61M▼ 27.0%
428.45M▲ 77.3%
508.08M▲ 18.6%
536.52M▲ 0%
Net Margin %69.05%64.52%66.57%59.42%29.21%70.37%60.94%69.96%70.11%71.24%
Net Income Growth %33%22.84%-1.41%-22.97%-77.32%1025.69%-26.95%77.33%18.59%13.45%
Net Income (Continuing)138.9M170.62M168.21M129.57M29.38M330.76M241.61M428.45M508.08M536.52M
EPS (Diluted)
2.67▲ 0%
3.01▲ 12.7%
2.80▼ 7.0%
2.06▼ 26.4%
0.45▼ 78.2%
4.80▲ 966.7%
3.24▼ 32.5%
5.23▲ 61.4%
5.85▲ 11.9%
6.01▲ 0%
EPS Growth %25.35%12.73%-6.98%-26.43%-78.16%966.67%-32.5%61.42%11.85%9.24%
EPS (Basic)2.673.012.802.060.454.803.245.235.85-
Diluted Shares Outstanding52.02M56.69M60.18M62.96M65.71M68.96M74.48M81.92M88.56M89.2M

MAIN Balance Sheet

Main Street Capital Corporation (MAIN) balance sheet — assets, liabilities & shareholders' equity

Line itemDec'16Dec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24TTM
Cash & Short Term Investments24.48M51.53M54.18M55.25M31.92M32.63M49.12M60.08M78.25M304.98M
Cash & Due from Banks24.48M51.53M54.18M55.25M31.92M32.63M49.12M60.08M78.25M30.57M
Short Term Investments0000000000
Total Investments594.28M750.71M1B1.03B1.11B00000
Investments Growth %7.08%26.32%33.87%2.76%7.84%-100%---0%
Long-Term Investments594.28M750.71M1B1.03B1.11B00000
Accounts Receivables1.99M2.38M1.2M50.46M49.76M35.13M381K89.34M98.08M0
Goodwill & Intangibles0000000000
Goodwill0000000000
Intangible Assets0000000000
PP&E (Net)0000000000
Other Assets1.44B1.46B1.49B1.57B1.62B3.62B4.19B4.29B4.95B5.25B
Total Current Assets26.47M53.91M55.38M105.7M31.92M67.75M49.5M149.42M176.34M30.57M
Total Non-Current Assets2.05B2.21B2.5B2.61B2.74B3.62B4.19B4.29B4.95B5.25B
Total Assets
2.07B▲ 0%
2.27B▲ 9.3%
2.55B▲ 12.7%
2.71B▲ 6.2%
2.77B▲ 2.1%
3.69B▲ 33.3%
4.24B▲ 14.9%
4.44B▲ 4.8%
5.12B▲ 15.3%
5.28B▲ 0%
Asset Growth %10.29%9.32%12.71%6.19%2.13%33.25%14.95%4.75%15.25%36.42%
Return on Assets (ROA)7.03%7.87%6.98%4.92%1.07%10.24%6.09%9.87%10.62%10.16%
Accounts Payable16.34M57.13M46.24M20.47M22.55M35.2M34.26M37.39M45.39M41.41M
Total Debt840.33M797.17M996.15M1.11B1.21B1.8B2B1.8B2.12B2.15B
Net Debt815.85M745.64M941.97M1.06B1.18B1.76B1.95B1.74B2.04B2.12B
Long-Term Debt840.33M797.17M996.15M1.11B1.21B1.8B2B1.8B2.12B2.15B
Short-Term Debt0000000000
Other Liabilities14.21M30.72M34.99M40.68M23.43M70.19M99.94M126.43M155.74M157.19M
Total Current Liabilities16.34M57.13M46.24M20.47M22.55M35.2M34.26M37.39M45.39M41.41M
Total Non-Current Liabilities854.54M827.89M1.03B1.15B1.23B1.87B2.1B1.93B2.28B2.31B
Total Liabilities870.87M885.03M1.08B1.18B1.25B1.9B2.13B1.97B2.32B2.35B
Total Equity
1.2B▲ 0%
1.38B▲ 14.9%
1.48B▲ 6.9%
1.54B▲ 4.1%
1.51B▼ 1.4%
1.79B▲ 18.1%
2.11B▲ 17.9%
2.48B▲ 17.5%
2.8B▲ 12.9%
2.93B▲ 0%
Equity Growth %12.19%14.89%6.93%4.09%-1.41%18.09%17.87%17.49%12.93%46.66%
Equity / Assets (Capital Ratio)57.98%60.93%57.81%56.66%54.7%48.47%49.71%55.75%54.63%55.55%
Return on Equity (ROE)12.22%13.22%11.78%8.6%1.93%20.02%12.4%18.69%19.26%18.28%
Book Value per Share23.0924.3524.5324.4023.0525.9428.3130.2431.5932.90
Tangible BV per Share23.0924.3524.5324.4023.0525.9428.3130.2431.5932.90
Common Stock543K586K613K643K677K707K784K848K884K895K
Additional Paid-in Capital1.14B1.31B1.41B1.51B1.62B1.74B2.03B2.27B2.39B2.45B
Retained Earnings19.03M69M65.49M23.31M-101.85M51.79M77.27M206M402.46M481.69M
Accumulated OCI0000000000
Treasury Stock0000000000
Preferred Stock0000000000

MAIN Cash Flow Statement

Main Street Capital Corporation (MAIN) cash flow — operating, investing & free cash flow history

Line itemDec'16Dec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24TTM
Cash from Operations-42.73M72.9M-109.07M-33.83M-54.08M-515.37M-246.94M285.32M-87.12M-87.12M
Operating CF Growth %67.48%270.61%-249.61%68.98%-59.85%-852.91%52.09%215.54%-130.53%342.34%
Net Income138.9M170.62M168.21M129.57M29.38M330.76M241.61M428.45M508.08M536.52M
Depreciation & Amortization7.52M-48.76M-19.27M5.75M2.51M-135.62M-24.82M3.33M5.16M1.63M
Deferred Taxes-3.32M19.27M5.83M-2.3M027.13M18.13M00-942K
Other Non-Cash Items-196.85M-90.62M-273.77M-181.12M-105.64M-776.55M-485.03M-158.69M-619.32M40.15M
Working Capital Changes2.71M12.36M781K4.18M8.83M28.02M-10.45M-4.29M168K-11.84M
Cash from Investing490.07M819.42M703.16M477.9M01.05B680.02M00-78.18M
Purchase of Investments-523K0-962.46M-664.06M0-1.76B-1.15B00-925.37M
Sale/Maturity of Investments1000K1000K1000K1000K01000K1000K003M
Net Investment Activity477K1000K-961.46M-663.06M0-1.76B-1.15B00-922.37M
Acquisitions0000000000
Other Investing000664.06M01.76B1.15B00-75.35M
Cash from Financing46.88M-45.85M111.72M34.9M30.76M516.08M263.43M-274.36M105.29M-371.66M
Dividends Paid-127.52M-148.42M-156.05M-164.28M-144.46M-160.54M-194.17M-271.6M-320.43M-335.81M
Share Repurchases-2.59M-4.35M-4.08M0-1.89M00-5.95M-7.33M0
Stock Issued112.04M150.99M78.39M89.27M098.89M265.62M0031.85M
Net Stock Activity109.45M146.63M74.32M89.27M-1.89M98.89M265.62M-5.95M-7.33M31.85M
Debt Issuance (Net)1000K-1000K1000K1000K1000K1000K1000K-1000K1000K-2M
Other Financing110.08M-10.22M-6.97M-5.09M85.11M-5.3M-10.02M200.19M109.05M-14.34M
Net Change in Cash
4.15M▲ 0%
27.05M▲ 551.9%
2.65M▼ 90.2%
1.06M▼ 59.9%
-23.33M▼ 2290.3%
710K▲ 103.0%
16.49M▲ 2222.8%
10.96M▼ 33.5%
18.17M▲ 65.7%
-53.85M▲ 0%
Exchange Rate Effect-1000K-1000K-1000K-1000K0-1000K-1000K000
Cash at Beginning20.33M24.48M51.53M54.18M55.25M31.92M32.63M49.12M60.08M86.98M
Cash at End24.48M51.53M54.18M55.25M31.92M32.63M49.12M60.08M78.25M30.57M
Interest Paid000045.58M0098.66M113.49M0
Income Taxes Paid0000000000
Free Cash Flow
-42.73M▲ 0%
72.9M▲ 270.6%
-109.07M▼ 249.6%
-33.83M▲ 69.0%
-54.08M▼ 59.9%
-515.37M▼ 852.9%
-246.94M▲ 52.1%
285.32M▲ 215.5%
-87.12M▼ 130.5%
395.99M▲ 0%
FCF Growth %67.48%270.61%-249.61%68.98%-59.85%-852.91%52.09%215.54%-130.53%480.58%

MAIN Banking Ratios

Main Street Capital Corporation (MAIN) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios

Metric201620172018201920202021202220232024TTM
Return on Equity (ROE)12.22%13.22%11.78%8.6%1.93%20.02%12.4%18.69%19.26%18.28%
Return on Assets (ROA)7.03%7.87%6.98%4.92%1.07%10.24%6.09%9.87%10.62%10.16%
Net Interest Margin5.08%5.54%5.23%5.06%4.48%6.24%7.04%8.95%8.15%8.16%
Efficiency Ratio14.84%12.44%13.78%16.96%34.95%10.12%13.43%9.6%8.63%9.04%
Equity / Assets57.98%60.93%57.81%56.66%54.7%48.47%49.71%55.75%54.63%55.55%
Book Value / Share23.0924.3524.5324.423.0525.9428.3130.2431.5932.9
NII Growth5.02%19.22%6.5%2.63%-9.51%85.52%29.7%33.23%4.97%3.61%
Dividend Payout91.81%86.99%92.77%126.79%491.65%48.54%80.37%63.39%63.07%52.63%

MAIN SEC Filings & Documents

Main Street Capital Corporation (MAIN) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Apr 16, 2026·SEC

Material company update

Apr 9, 2026·SEC

Material company update

Apr 9, 2026·SEC

10-K Annual Reports

1
FY 2026

Feb 27, 2026·SEC

10-Q Quarterly Reports

3
FY 2025

Nov 7, 2025·SEC

FY 2025

Aug 8, 2025·SEC

FY 2025

May 9, 2025·SEC

MAIN Frequently Asked Questions

Main Street Capital Corporation (MAIN) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials

Main Street Capital Corporation (MAIN) grew revenue by 18.3% over the past year. This is strong growth.

Yes, Main Street Capital Corporation (MAIN) is profitable, generating $536.5M in net income for fiscal year 2024 (70.1% net margin).

Dividend & Returns

Yes, Main Street Capital Corporation (MAIN) pays a dividend with a yield of 6.31%. This makes it attractive for income-focused investors.

Main Street Capital Corporation (MAIN) has a return on equity (ROE) of 19.3%. This is reasonable for most industries.

Industry Metrics

Main Street Capital Corporation (MAIN) has a net interest margin (NIM) of 8.2%. This indicates healthy earnings from lending activities.

Main Street Capital Corporation (MAIN) has an efficiency ratio of 8.6%. This is excellent, indicating strong cost control.

Explore More MAIN

Main Street Capital Corporation (MAIN) financial analysis — history, returns, DCA and operating performance tools

Total Return Calculator

Historical returns with dividends reinvested

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DCA Calculator

Dollar cost averaging vs lump sum

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Dividend History

Yield, growth, payout safety & DRIP

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Earnings History

EPS trends, net income & profitability

→

Price History

Long-term charts & historical price data

→

Revenue History

Sales growth patterns & revenue breakdown

→

Financial Ratios

30 years of market, efficiency and balance-sheet ratios

→

Valuation

DCF intrinsic value, peer multiples & estimates

→
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