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6Material company update
May 7, 2026·SEC
Material company update
May 7, 2026·SEC
Material company update
Apr 9, 2026·SEC
MSC Income Fund, Inc.(MSIF)Earnings, Financials & Key Ratios
MSIF•NYSE
$11.63
6.1× P/E·Price updated Jun 27, 2026
AboutMSC Income Fund, Inc. is a Business Development Company specializing in middle market debt and debt and equity investments in lower middle market companies. The fund seeks to invest in management buyouts, recapitalizations, growth financings, refinancing and acquisitions of companies. It invests in companies with revenue between $10 million and $150 million.Show more
- EBITDA$126M+119.2%
- Net Income$89M+56.9%
- EPS (Diluted)1.91+35.5%
- Gross Margin72.72%+18.0%
- EBITDA Margin97.47%+72.0%
- Operating Margin97.47%+72.0%
- Net Margin68.44%+23.1%
- ROE13.01%+43.5%
MSIF Price & Volume
MSC Income Fund, Inc. (MSIF) stock price & volume — 10-year historical chart
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Revenue Scaling Masks Underlying Cash Flow Volatility
Investment Thesis • Updated 2026Q1
VerdictNeutral
Growth:Expanding
Profitability:Strong
Financial Position:Healthy
Cash Flow:Mixed
Primary Risk:Level 3 Asset Valuation
"MSIF demonstrates significant top-line expansion, growing revenue from $12.7M in 2024Q1 to $33.8M by 2026Q1, driven by its lower middle market investment strategy. However, the fund's reliance on Level 3 asset valuations creates a disconnect between reported net income and actual liquidity, as evidenced by erratic free cash flow swings. Investors should monitor the sustainability of the 9.5% dividend yield against the backdrop of negative retained earnings of -$46.5M and the structural volatility inherent in the fund's private-equity-style portfolio."
Verdict Logic
while the fund offers a 9.5% dividend yield, the significant disconnect between GAAP earnings and cash flow, coupled with a P/E of 6.09, warrants caution regarding the quality of reported valuation gains.
MSIF Growth Metrics
MSC Income Fund, Inc. (MSIF) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-
5 Years-
3 Years35.82%
TTM-
Profit CAGR
10 Years-
5 Years-
3 Years24.85%
TTM39.19%
EPS CAGR
10 Years-
5 Years-
3 Years18.77%
TTM21.85%
Return on Capital
10 Years4.94%
5 Years6.64%
3 Years7.12%
Last Year9.95%
MSIF Recent Earnings
MSC Income Fund, Inc. (MSIF) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 2/12 qtrs (29%)●Beat Revenue 1/12 qtrs (25%)
Q2 2026Latest
May 7, 2026Metric
Actual
Est
EPS
$0.36-2.7%
$0.37
Rev
$34M-6.3%
$36M
Q1 2026
Feb 26, 2026Metric
Actual
Est
EPS
$0.37+0.0%
$0.37
Rev
$35M-2.6%
$36M
Q4 2025
Nov 13, 2025Metric
Actual
Est
EPS
$0.35-5.4%
$0.37
Rev
$35M+0.2%
$35M
Q3 2025
Aug 13, 2025Metric
Actual
Est
EPS
$0.37+2.8%
$0.36
Rev
$36M-0.3%
$36M
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 7, 2026 | $0.36vs $0.37-2.7% | $34Mvs $36M-6.3% |
| Q1 2026 | Feb 26, 2026 | $0.37vs $0.37+0.0% | $35Mvs $36M-2.6% |
| Q4 2025 | Nov 13, 2025 | $0.35vs $0.37-5.4% | $35Mvs $35M+0.2% |
| Q3 2025 | Aug 13, 2025 | $0.37vs $0.36+2.8% | $36Mvs $36M-0.3% |
Based on last 12 quarters of dataView full earnings history →
Peers Comparison
Key metrics vs top competitors for MSC Income Fund, Inc. (MSIF)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $11.63 | $527.37M | 6.09 | 27.42% | 68.44% | 13.01% | 9.54% | |
| $51.01 | $4.74B | 9.24 | -11.06% | 58.59% | 14.32% | — | |
| $15.58 | $2.92B | 8.42 | 26.97% | 50.05% | 13.18% | — | |
| $18.19 | $13.06B | 9.78 | 32.87% | 43.69% | 8.11% | — | |
| $12.59 | $3.28B | 8.87 | 42.5% | 26.91% | 5.24% | — | |
| $4.70 | $190.82M | 3.85 | 36.55% | -19.55% | -3.39% | — |
Compare MSIF vs Peers
MSC Income Fund, Inc. (MSIF) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
MSIF SEC Filings & Documents
MSC Income Fund, Inc. (MSIF) SEC filings — annual & quarterly reports (10-K, 10-Q)
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MSIF Frequently Asked Questions
MSC Income Fund, Inc. (MSIF) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
What is MSC Income Fund, Inc.'s revenue?
MSC Income Fund, Inc. (MSIF) reported $128.5M in revenue for fiscal year 2025.
How fast is MSC Income Fund, Inc. growing?
MSC Income Fund, Inc. (MSIF) grew revenue by 27.4% over the past year. This is strong growth.
Is MSIF profitable?
Yes, MSC Income Fund, Inc. (MSIF) is profitable, generating $86.1M in net income for fiscal year 2025 (68.4% net margin).
Dividend & Returns
Does MSIF pay dividends?
Yes, MSC Income Fund, Inc. (MSIF) pays a dividend with a yield of 9.54%. This makes it attractive for income-focused investors.
What is MSIF's return on equity?
MSC Income Fund, Inc. (MSIF) has a return on equity (ROE) of 13.0%. This is reasonable for most industries.
What is MSC Income Fund, Inc.'s free cash flow?
MSC Income Fund, Inc. (MSIF) had negative free cash flow of $16.2M in fiscal year 2025, likely due to heavy capital investments.