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MAINMain Street Capital Corporation
$50.97$4.7B
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MAIN logoMain Street Capital Corporation(MAIN)Earnings, Financials & Key Ratios

MAIN•NYSE•Banking & Credit
9.2× P/E·Price updated Jun 19, 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$566M+35.6%
  • Total Revenue$645M-11.1%
  • Net Income$493M-2.9%
  • Return on Equity17.04%-11.5%
  • Net Interest Margin9.91%+21.6%
  • Efficiency Ratio19.29%+123.5%
  • ROA9.11%-14.3%
  • Equity / Assets52.4%-4.1%
  • Book Value per Share33.50+6.0%

MAIN Key Insights

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

✓Strengths

  • ✓Strong 5Y profit CAGR of 75.8%
  • ✓Strong NIM of 9.9%
  • ✓Efficient operations: 19.3% efficiency ratio
  • ✓Well capitalized: 52.4% equity/assets
  • ✓Good 3Y average ROE of 18.3%

✗Weaknesses

No significant weaknesses identified

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

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MAIN Price & Volume

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

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MAIN Growth Metrics

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

Revenue CAGR

10 Years15.38%
5 Years44.99%
3 Years17.58%
TTM-

Profit CAGR

10 Years16.8%
5 Years75.8%
3 Years26.87%
TTM-17.55%

EPS CAGR

10 Years9.99%
5 Years65.1%
3 Years19.43%
TTM-19.35%

Return on Capital

10 Years7.88%
5 Years9.92%
3 Years10.49%
Last Year9.64%

MAIN Recent Earnings

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

Full history →
●Beat EPS 5/12 qtrs (42%)●Beat Revenue 7/12 qtrs (58%)
Q2 2026Latest
May 7, 2026
Metric
Actual
Est
EPS
$0.93-7.9%
$1.01
Rev
$140M-3.5%
$145M
Q1 2026
Feb 26, 2026
Metric
Actual
Est
EPS
$1.09+3.8%
$1.05
Rev
$146M+1.7%
$143M
Q4 2025
Nov 6, 2025
Metric
Actual
Est
EPS
$0.97-6.7%
$1.04
Rev
$184M+30.8%
$140M
Q3 2025
Aug 7, 2025
Metric
Actual
Est
EPS
$0.99+0.0%
$0.99
Rev
$202M+47.4%
$137M
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestMay 7, 2026
$0.93vs $1.01-7.9%
$140Mvs $145M-3.5%
Q1 2026Feb 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%
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
Institutional Holdings
CompanyMarket CapStock PriceP/E Ratio (TTM)Revenue Growth 1YNet MarginReturn on Equity (ROE)FCF YieldDebt / Equity
ARCC logoARCCAres Capital CorporationDirect Competitor12.95B18.039.6932.87%43.69%8.11%1.12
GBDC logoGBDCGolub Capital BDC, Inc.Direct Competitor3.22B12.358.7042.5%26.91%5.24%1.23
HTGC logoHTGCHercules Capital, Inc.Direct Competitor2.9B15.498.3726.97%50.05%13.18%1.04
TPVG logoTPVGTriplePoint Venture Growth BDC Corp.Direct Competitor202.99M5.004.1036.55%-19.55%-3.39%1.33
CSWC logoCSWCCapital Southwest CorporationDirect Competitor1.43B22.9812.0950.13%50.89%11.68%1.12
SLRC logoSLRCSLR Investment Corp.Direct Competitor677.57M12.427.3124.76%39.78%7.31%1.15
FSK logoFSKFS KKR Capital Corp.Product Competitor2.88B10.27261.325.5%-91.82%-9.39%1.31
OBDC logoOBDCBlue Owl Capital CorporationProduct Competitor5.4B10.878.7752.55%27.51%4.83%1.26

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
MetricDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25TTM
Net Interest Income
125.45M133.61M137.12M124.09M230.21M298.58M397.81M417.6M566.39M463.81M
NII Growth %
19.22%6.5%2.63%-9.51%85.52%29.7%33.23%4.97%35.63%42.79%
Net Interest Margin %
5.54%5.23%5.06%4.48%6.24%7.04%8.95%8.15%9.91%7.96%
Interest Income
161.93M177.1M187.38M173.68M289.05M376.86M500.38M541.03M566.39M562.85M
Interest Expense
36.48M43.49M50.26M49.59M58.84M78.28M102.58M123.43M099.03M
Loan Loss Provision
0000000000
Non-Interest Income
102.53M75.57M30.68M-73.09M180.96M19.6M112.07M183.65M78.11M164.76M
Non-Interest Income %
38.77%29.91%14.07%-72.67%38.5%4.94%18.3%25.34%12.12%22.64%
Total Revenue
264.47M▲ 0%
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%
644.5M▼ 11.1%
727.61M▲ 0%
Revenue Growth %
31.48%-4.46%-13.7%-53.87%367.27%-15.65%54.48%18.32%-11.06%-1.26%
Non-Interest Expense
32.9M34.82M36.99M35.16M47.55M53.26M58.79M62.54M124.3M142.57M
Efficiency Ratio
12.44%13.78%16.96%34.95%10.12%13.43%9.6%8.63%19.29%19.59%
Operating Income
195.09M▲ 0%
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%
520.2M▼ 3.4%
486M▲ 0%
Operating Margin %
73.77%69.01%59.99%15.75%77.37%66.82%73.65%74.34%80.71%66.79%
Operating Income Growth %
41.71%-10.62%-24.98%-87.89%2195.32%-27.14%70.27%19.43%-3.44%-
Pretax Income
195.09M▲ 0%
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%
520.2M▼ 3.4%
451.96M▲ 0%
Pretax Margin %
73.77%69.01%59.99%15.75%77.37%66.82%73.65%74.34%80.71%62.12%
Income Tax
24.47M6.15M1.24M-13.54M32.86M23.32M22.64M30.63M26.8M25.66M
Effective Tax Rate %
12.54%3.53%0.95%-85.48%9.04%8.8%5.02%5.69%5.15%5.68%
Net Income
170.62M▲ 0%
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%
493.4M▼ 2.9%
426.3M▲ 0%
Net Margin %
64.52%66.57%59.42%29.21%70.37%60.94%69.96%70.11%76.55%58.59%
Net Income Growth %
22.84%-1.41%-22.97%-77.32%1025.69%-26.95%77.33%18.59%-2.89%-17.55%
Net Income (Continuing)
170.62M168.21M129.57M29.38M330.76M241.61M428.45M508.08M493.4M426.3M
EPS (Diluted)
3.01▲ 0%
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%
5.52▼ 5.6%
4.70▲ 0%
EPS Growth %
12.73%-6.98%-26.43%-78.16%966.67%-32.5%61.42%11.85%-5.64%-19.35%
EPS (Basic)
3.012.802.060.454.803.245.235.855.52-
Diluted Shares Outstanding
56.69M60.18M62.96M65.71M68.96M74.48M81.92M88.56M89.36M90.65M

MAIN Balance Sheet

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

MetricDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25TTM
Cash & Short Term Investments
51.53M54.18M55.25M31.92M32.63M49.12M60.08M78.25M41.96M180.3M
Cash & Due from Banks
51.53M54.18M55.25M31.92M32.63M49.12M60.08M78.25M41.96M20.79M
Short Term Investments
0000000000
Total Investments
750.71M1B1.03B1.11B00005.52B5.67B
Investments Growth %
26.32%33.87%2.76%7.84%-100%----0%
Long-Term Investments
750.71M1B1.03B1.11B00005.52B11.19B
Accounts Receivables
2.38M1.2M50.46M49.76M35.13M381K89.34M98.08M107.91M119.81M
Goodwill & Intangibles
0000000000
Goodwill
0000000000
Intangible Assets
0000000000
PP&E (Net)
0000000000
Other Assets
1.46B1.49B1.57B1.62B3.62B4.19B4.29B4.95B-345.43M13.05M
Total Current Assets
53.91M55.38M105.7M31.92M67.75M49.5M149.42M176.34M540.71M140.6M
Total Non-Current Assets
2.21B2.5B2.61B2.74B3.62B4.19B4.29B4.95B5.17B5.69B
Total Assets
2.27B▲ 0%
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%
5.71B▲ 11.6%
5.83B▲ 0%
Asset Growth %
9.32%12.71%6.19%2.13%33.25%14.95%4.75%15.25%11.56%32.44%
Return on Assets (ROA)
7.87%6.98%4.92%1.07%10.24%6.09%9.87%10.62%9.11%7.71%
Accounts Payable
57.13M46.24M20.47M22.55M35.2M34.26M37.39M45.39M00
Total Debt
797.17M996.15M1.11B1.21B1.8B2B1.8B2.12B2.46B2.54B
Net Debt
745.64M941.97M1.06B1.18B1.76B1.95B1.74B2.04B2.42B2.52B
Long-Term Debt
797.17M996.15M1.11B1.21B1.8B2B1.8B2.12B2.46B1.64B
Short-Term Debt
000000001.2M886.91M
Other Liabilities
30.72M34.99M40.68M23.43M70.19M99.94M126.43M155.74M152.95M81.67M
Total Current Liabilities
57.13M46.24M20.47M22.55M35.2M34.26M37.39M45.39M1.2M886.91M
Total Non-Current Liabilities
827.89M1.03B1.15B1.23B1.87B2.1B1.93B2.28B2.72B1.85B
Total Liabilities
885.03M1.08B1.18B1.25B1.9B2.13B1.97B2.32B2.72B2.73B
Total Equity
1.38B▲ 0%
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%
2.99B▲ 7.0%
3.09B▲ 0%
Equity Growth %
14.89%6.93%4.09%-1.41%18.09%17.87%17.49%12.93%7.01%36.77%
Equity / Assets (Capital Ratio)
60.93%57.81%56.66%54.7%48.47%49.71%55.75%54.63%52.4%53.08%
Return on Equity (ROE)
13.22%11.78%8.6%1.93%20.02%12.4%18.69%19.26%17.04%14.32%
Book Value per Share
24.3524.5324.4023.0525.9428.3130.2431.5933.5034.13
Tangible BV per Share
24.3524.5324.4023.0525.9428.3130.2431.5933.5034.13
Common Stock
586K613K643K677K707K784K848K884K898K925K
Additional Paid-in Capital
1.31B1.41B1.51B1.62B1.74B2.03B2.27B2.39B2.46B2.61B
Retained Earnings
69M65.49M23.31M-101.85M51.79M77.27M206M402.46M535.34M485.43M
Accumulated OCI
0000000000
Treasury Stock
0000000000
Preferred Stock
0000000000

MAIN Cash Flow Statement

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

MetricDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25TTM
Cash from Operations
72.9M-109.07M-33.83M-54.08M-515.37M-246.94M285.32M-87.12M347.44M342.29M
Operating CF Growth %
270.61%-249.61%68.98%-59.85%-852.91%52.09%215.54%-130.53%498.82%130.49%
Net Income
170.62M168.21M129.57M29.38M330.76M241.61M428.45M508.08M-54.58M426.3M
Depreciation & Amortization
-48.76M-19.27M5.75M2.51M-135.62M-24.82M3.33M5.16M6.51M1.79M
Deferred Taxes
19.27M5.83M-2.3M027.13M18.13M0022.85M7.9M
Other Non-Cash Items
-90.62M-273.77M-181.12M-105.64M-776.55M-485.03M-158.69M-619.32M353.95M186.91M
Working Capital Changes
12.36M781K4.18M8.83M28.02M-10.45M-4.29M168K-2.74M-12.82M
Cash from Investing
819.42M703.16M477.9M01.05B680.02M00-393.15M-506.14M
Purchase of Investments
0-962.46M-664.06M0-1.76B-1.15B00-1.43B-1.44B
Sale/Maturity of Investments
819.42M703.16M477.9M01.05B680.02M001.04B849.8M
Net Investment Activity
819.42M-259.29M-186.16M0-709.28M-472.57M00-393.15M-591.42M
Acquisitions
0000000000
Other Investing
00664.06M01.76B1.15B00085.28M
Cash from Financing
-45.85M111.72M34.9M30.76M516.08M263.43M-274.36M105.29M9.41M75.46M
Dividends Paid
-148.42M-156.05M-164.28M-144.46M-160.54M-194.17M-271.6M-320.43M-339.28M-343.35M
Share Repurchases
-4.35M-4.08M0-1.89M00-5.95M-7.33M00
Stock Issued
150.99M78.39M89.27M098.89M265.62M0031.68M160.77M
Net Stock Activity
146.63M74.32M89.27M-1.89M98.89M265.62M-5.95M-7.33M31.68M160.77M
Debt Issuance (Net)
-1000K1000K1000K1000K1000K1000K-1000K1000K1000K0
Other Financing
-10.22M-6.97M-5.09M85.11M-5.3M-10.02M200.19M109.05M-10.31M-9.56M
Net Change in Cash
27.05M▲ 0%
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%
-36.29M▼ 299.8%
-88.39M▲ 0%
Exchange Rate Effect
-819.42M-703.16M-477.9M0-1.05B-680.02M0000
Cash at Beginning
24.48M51.53M54.18M55.25M31.92M32.63M49.12M60.08M78.25M41.96M
Cash at End
51.53M54.18M55.25M31.92M32.63M49.12M60.08M78.25M41.96M20.79M
Interest Paid
00045.58M0098.66M113.49M00
Income Taxes Paid
0000000000
Free Cash Flow
72.9M▲ 0%
-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%
347.44M▲ 498.8%
342.29M▲ 0%
FCF Growth %
270.61%-249.61%68.98%-59.85%-852.91%52.09%215.54%-130.53%498.82%285.71%

MAIN Banking Ratios

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

Metric201720182019202020212022202320242025TTM
Return on Equity (ROE)
13.22%11.78%8.6%1.93%20.02%12.4%18.69%19.26%17.04%14.32%
Return on Assets (ROA)
7.87%6.98%4.92%1.07%10.24%6.09%9.87%10.62%9.11%7.71%
Net Interest Margin
5.54%5.23%5.06%4.48%6.24%7.04%8.95%8.15%9.91%7.96%
Efficiency Ratio
12.44%13.78%16.96%34.95%10.12%13.43%9.6%8.63%19.29%19.59%
Equity / Assets
60.93%57.81%56.66%54.7%48.47%49.71%55.75%54.63%52.4%53.08%
Book Value / Share
24.3524.5324.423.0525.9428.3130.2431.5933.534.13
NII Growth
19.22%6.5%2.63%-9.51%85.52%29.7%33.23%4.97%35.63%10.79%
Dividend Payout
86.99%92.77%126.79%491.65%48.54%80.37%63.39%63.07%68.76%53.62%
Related:MAIN Dividend History·MAIN Revenue History·MAIN Price History·MAIN P/E History·MAIN Financial Ratios·MAIN Institutional Holders

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

May 7, 2026·SEC

Material company update

May 6, 2026·SEC

Material company update

May 5, 2026·SEC

10-K Annual Reports

1
FY 2026

Feb 27, 2026·SEC

10-Q Quarterly Reports

4
FY 2026

May 8, 2026·SEC

FY 2025

Nov 7, 2025·SEC

FY 2025

Aug 8, 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) saw revenue decline by 11.1% over the past year.

Yes, Main Street Capital Corporation (MAIN) is profitable, generating $426.3M in net income for fiscal year 2025 (76.6% net margin).

Dividend & Returns

Yes, Main Street Capital Corporation (MAIN) pays a dividend with a yield of 7.45%. This makes it attractive for income-focused investors.

Main Street Capital Corporation (MAIN) has a return on equity (ROE) of 17.0%. This is reasonable for most industries.

Industry Metrics

Main Street Capital Corporation (MAIN) has a net interest margin (NIM) of 9.9%. This indicates healthy earnings from lending activities.

Main Street Capital Corporation (MAIN) has an efficiency ratio of 19.3%. This is excellent, indicating strong cost control.

What if you invested $1,000 in MAIN back in 2006?

Total return calculator · dividends reinvested · 20+ years of data

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How much would $100/month in MAIN be worth today?

Dollar cost averaging calculator · DCA vs lump sum

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