Main Street Capital Corporation

NYSE:MAIN Stock Report

Market Cap: US$5.6b

Main Street Capital Past Earnings Performance

Past criteria checks 2/6

Main Street Capital has been growing earnings at an average annual rate of 25.1%, while the Capital Markets industry saw earnings growing at 6.4% annually. Revenues have been growing at an average rate of 19.9% per year. Main Street Capital's return on equity is 18.3%, and it has net margins of 95.6%.

Key information

25.11%

Earnings growth rate

19.12%

EPS growth rate

Capital Markets Industry Growth10.26%
Revenue growth rate19.94%
Return on equity18.28%
Net Margin95.59%
Last Earnings Update30 Sep 2025

Recent past performance updates

Recent updates

Main Street Capital: A Best In Class BDC For Reliable Income And Long-Term NAV Growth

Dec 11

Should You Be Adding Main Street Capital (NYSE:MAIN) To Your Watchlist Today?

Aug 01
Should You Be Adding Main Street Capital (NYSE:MAIN) To Your Watchlist Today?

Lacklustre Performance Is Driving Main Street Capital Corporation's (NYSE:MAIN) Low P/E

May 22
Lacklustre Performance Is Driving Main Street Capital Corporation's (NYSE:MAIN) Low P/E

Main Street Capital: The Yield May Not Be Worth It (Technical Analysis)

Apr 23

Do Main Street Capital's (NYSE:MAIN) Earnings Warrant Your Attention?

Apr 07
Do Main Street Capital's (NYSE:MAIN) Earnings Warrant Your Attention?

Main Street Capital: A High-Yield Monthly Powerhouse I'm Eager To Buy When The Time Is Right

Mar 22

Main Street Capital: Price Matters Even For 'First Class', Hence I'm Selling

Mar 12

Main Street Capital: 2 Reasons To Sell Right Now

Feb 11

Main Street Capital Corporation's (NYSE:MAIN) Business And Shares Still Trailing The Market

Jan 26
Main Street Capital Corporation's (NYSE:MAIN) Business And Shares Still Trailing The Market

Main Street Capital: Interest Rate Resilience Outside The 'Buy' Range

Jan 09

Main Street Capital (NYSE:MAIN) Ticks All The Boxes When It Comes To Earnings Growth

Dec 21
Main Street Capital (NYSE:MAIN) Ticks All The Boxes When It Comes To Earnings Growth

Main Street Vs. Fidus Investment: Both Are Top Class, One Is At Better Price

Dec 09

Main Street Capital: A Great BDC That's Not A Buy Right Now

Nov 22

Assessing Main Street's Preliminary Earnings For Q3 2024

Nov 07

Main Street Capital: More Gains From This High-Yielder

Oct 18

Main Street Capital: Overpriced 8% BDC Yield

Sep 30

Main Street Capital: The Fears Of Premium Are Overblown

Sep 15
User avatar

Shifting Focus And Rising Credit Issues Signal Turbulence Ahead For Growth

Shifting focus to new lower middle market platforms may risk the quality and performance of investments, potentially affecting future income and asset value.

Hold On To Main Street Capital To Walk Through Interest Rate Changes Safely

Sep 01

Main Street Capital: A Great Business At The Wrong Price

Aug 15

Revenue & Expenses Breakdown

How Main Street Capital makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

NYSE:MAIN Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 25561537680
30 Jun 25558537660
31 Mar 25546517640
31 Dec 24541508630
30 Sep 24530473610
30 Jun 24516452600
31 Mar 24512456600
31 Dec 23500428590
30 Sep 23485396590
30 Jun 23460348590
31 Mar 23418256570
31 Dec 22377242530
30 Sep 22345230530
30 Jun 22324258510
31 Mar 22306339490
31 Dec 21289331480
30 Sep 21269316430
30 Jun 21245310390
31 Mar 21229258370
31 Dec 2022329350
30 Sep 20221-34330
30 Jun 20229-78320
31 Mar 20238-83330
31 Dec 19243130360
30 Sep 19242123330
30 Jun 19240158340
31 Mar 19239175340
31 Dec 18233168330
30 Sep 18230220360
30 Jun 18223186350
31 Mar 18214174340
31 Dec 17206171340
30 Sep 17197157330
30 Jun 17192165320
31 Mar 17184154300
31 Dec 16178139290
30 Sep 1617598280
30 Jun 1617176270
31 Mar 1616986260
31 Dec 15165104250
30 Sep 15160119240
30 Jun 15154120230
31 Mar 15147109230
31 Dec 14141101220

Quality Earnings: MAIN has a large one-off gain of $191.8M impacting its last 12 months of financial results to 30th September, 2025.

Growing Profit Margin: MAIN's current net profit margins (95.6%) are higher than last year (89.2%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: MAIN has become profitable over the past 5 years, growing earnings by 25.1% per year.

Accelerating Growth: MAIN's earnings growth over the past year (13.4%) is below its 5-year average (25.1% per year).

Earnings vs Industry: MAIN earnings growth over the past year (13.4%) did not outperform the Capital Markets industry 16.5%.

Return on Equity

High ROE: MAIN's Return on Equity (18.3%) is considered low.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/12/15 00:16
End of Day Share Price 2025/12/15 00:00
Earnings2025/09/30
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Main Street Capital Corporation is covered by 13 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Bryce RoweBaird
Sean-Paul AdamsB. Riley Securities, Inc.
Bryce RoweB. Riley Securities, Inc.