Financial Services · Asset Management
Price
$51.01
Market Cap
$4.7B
Employees
104
Beta
0.73
Avg Volume
731,316
CEO
Dwayne Louis Hyzak
Business Description
Main Street Capital Corporation functions as a Business Development Company (BDC), providing diverse capital solutions across different market segments. Primarily, the firm supplies equity capital to lower middle market companies. These investments support various strategic objectives, including recapitalizations, management buyouts, refinancing, family estate planning, industry consolidation, and growth initiatives for both mature and later-stage emerging businesses. Main Street actively seeks to forge partnerships with entrepreneurs, business owners, and management teams, frequently offering comprehensive, "one-stop" financing alternatives for its lower middle market portfolio. Companies targeted for equity investment in this segment typically have annual revenues between $5 million and $300 million, with individual equity investments generally ranging from $2 million to $75 million, and an enterprise value for the target company usually falling between $3 million and $20 million. The firm is prepared to take stakes from a 5% minority position up to a 50% majority interest. In addition to its equity offerings, Main Street also extends debt capital to middle market companies. These funds are allocated to finance activities such as acquisitions, management buyouts, growth strategies, recapitalizations, and refinancing. Debt transactions in the middle market typically range from $5 million to $50 million per deal, targeting businesses with annual EBITDA between $1 million and $20 million. It is important to note that these middle market debt recipients are generally larger in scale than the companies within Main Street's lower middle market equity portfolio. The firm demonstrates a wide investment scope, engaging with numerous industries. These include, but are not limited to: air freight and logistics, auto components, building products, chemicals, commercial services, computing, construction and engineering, consumer finance and services, electronic equipment, energy (equipment, services, and consumables), financial services, healthcare (equipment and providers), hospitality, internet software and services, IT services, machinery, paper and forest products, professional and industrial services, road and rail transportation, software, specialty retail, and telecommunications. Broadly, this covers sectors within consumer discretionary, energy, materials, technology, and transportation. Main Street Capital Corporation was established in 2007, with its main operations based in Houston, Texas, and an additional office located in Chojnów, Poland.
Business History
Price History (1 Year)
Revenue & Net Income Trend
The directional story — useful even when net income is negative.
Revenue
The top line — total sales before any costs or taxes are subtracted. A measure of how much business the company is doing.
Net Income
The bottom line — profit left after subtracting all expenses, interest, and taxes from revenue. Reflects accounting profitability, but includes non-cash items like depreciation, so it isn't the same as cash earned.
Operating Cash Flow
The real cash generated by the day-to-day business — selling products, paying suppliers, collecting from customers. Calculated from net income by adding back non-cash items and adjusting for timing (unpaid bills, unsold inventory). When OCF consistently lags net income, the reported profit may not be converting to real money.
| Period | Revenue | Net Income | Net Margin | YoY/QoQ |
|---|
Key Metrics
API Direct from provider
CALC Derived from statements
P/E Ratio (Price per dollar of earnings)
APIStock Price / EPS (Diluted)
10.85
Stock Price: $51.01
EPS (Diluted): 5.52
EPS (Diluted): 5.52
P/B Ratio (Price vs net asset value)
APIStock Price / Book Value Per Share
1.80
Stock Price: $51.01
Total Equity: $2.99B
Shares: 89,363,140
Total Equity: $2.99B
Shares: 89,363,140
EV/EBITDA (Total value vs operating profit)
APIEnterprise Value / EBITDA
14.89
Market Cap: $4.74B
Total Debt: $2.46B
Cash: $41.96M
EBITDA: $526.71M
Total Debt: $2.46B
Cash: $41.96M
EBITDA: $526.71M
Enterprise Value (Takeover price (cap + debt - cash))
APIMarket Cap + Total Debt - Cash
$7.8B
Market Cap: $4.74B
Total Debt: $2.46B
Cash: $41.96M
Total Debt: $2.46B
Cash: $41.96M
Gross Margin (Revenue left after direct costs)
APIGross Profit / Revenue
100.0%
Gross Profit: $644.50M
Revenue: $644.50M
Revenue: $644.50M
Operating Margin (Revenue left after all operations)
APIOperating Income / Revenue
80.7%
Operating Income: $520.20M
Revenue: $644.50M
Revenue: $644.50M
Net Margin (Revenue left as actual profit)
APINet Income / Revenue
76.6%
Net Income: $493.40M
Revenue: $644.50M
Revenue: $644.50M
ROE (Profit from shareholder equity)
APINet Income / Total Equity
14.3%
Net Income: $493.40M
Total Equity: $2.99B
Total Equity: $2.99B
ROIC (Profit from all invested capital)
APINOPAT / Invested Capital
7.9%
Operating Income: $520.20M
Tax Rate: 5.2%
Equity: $2.99B
Total Debt: $2.46B
Cash: $41.96M
Tax Rate: 5.2%
Equity: $2.99B
Total Debt: $2.46B
Cash: $41.96M
Current Ratio (Can it pay short-term bills)
APICurrent Assets / Current Liabilities
449.84
Current Assets: $540.71M
Current Liabilities: $1.20M
Current Liabilities: $1.20M
Debt/Equity (Leverage — debt vs equity)
CALCTotal Debt / Total Equity
0.82
Short-Term Debt: $1.20M
Long-Term Debt: $2.46B
Total Debt: $2.46B
Total Equity: $2.99B
Long-Term Debt: $2.46B
Total Debt: $2.46B
Total Equity: $2.99B
Rev/Share (Top-line per share)
CALCRevenue / Shares Outstanding
$7.21
Revenue: $644.50M
Shares: 89,363,140
Shares: 89,363,140
Book Value/Share (Net assets per share)
CALC(Total Assets - Total Liabilities) / Shares
$33.50
Total Equity: $2.99B
Shares: 89,363,140
Shares: 89,363,140
FCF/Share (Real cash generated per share)
CALC(Operating Cash Flow + CapEx) / Shares
$3.89
Operating CF: $347.44M
CapEx: $0.00
Shares: 89,363,140
CapEx: $0.00
Shares: 89,363,140
Div Yield (Annual income from holding)
APILast Annual Dividend / Stock Price
6.3%
Last Dividend: N/A
Stock Price: $51.01
Stock Price: $51.01
Payout Ratio (Earnings paid out as dividends)
Dividends Paid / Net Income
—
Dividends Paid: N/A
Net Income: $493.40M
Net Income: $493.40M
Dividends paid not available in cash flow statement
Industry Benchmarks
Compares MAIN against LLM-researched typical ranges for its
industry. One research call per industry, cached indefinitely — every stock in the same industry
reuses the same baseline.
Deep Analysis
Pre-flight intelligence scans the company first, then routes to the right analytical methods.
0
Company Classification
— What type of company is this?
1
Industry Landscape
— Where is the industry headed?
2
Company Momentum
— Where is this company trending?
3
Forward Projection
— 1Y & 2Y projected metrics (requires Layer 1 + 2)
4a
DCF Valuation
— Present value of future cash flows
4b
Earnings Power Value
— Floor value — worth with zero growth
4c
Anchored PE
— Industry PE adjusted for growth differential
4d
Reverse DCF
— What growth is the market pricing in?
4e
Revenue-Based DCF
— For growth/narrative companies (skip if mature earner)
4f
Anchored P/S
— Price-to-Sales peer comparison (skip if mature earner)
4g
Scenario Analysis
— Bull / Base / Bear (skip if mature earner)
4h
Dividend Discount Model
— For dividend/income stocks only
4i
Book Value Analysis
— For deep value / turnaround stocks only
4j
Insider Activity
— Are insiders buying or selling?
4f
Cash Flow Quality
— How trustworthy is the FCF?
4g
Debt Maturity Risk
— Can it handle its debt?
4h
Macro Environment
— Rates, market valuation, volatility
4i
Sector Intelligence
— How does this company compare within its sector?
4j
Revenue Confidence
— How reliable is the growth projection?
4k
Sensitivity Analysis
— How fragile is the fair value estimate?
4l
Sector Demand Cycle
— Is the sector in a boom, steady state, or contraction?
5
AI Investigation
— Adaptive research engine (Claude)
5b
Thesis Evaluation
— What does the market believe? (narrative/platform stocks only)
6
Valuation Synthesis
— Weighted verdict from all methods (requires Layer 4)
Income Statement (Annual)
Last updated: Jun 21, 2026 7:18pm (5d ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $470.0M | $396.5M | $612.5M | $724.7M | $644.5M |
| Cost of Revenue | $58.8M | $78.3M | $102.6M | $123.4M | $0 |
| Gross Profit | $411.2M | $318.2M | $509.9M | $601.3M | $644.5M |
| Operating Expenses | $47.5M | $53.3M | $58.8M | $62.5M | $124.3M |
| Operating Income | $363.6M | $264.9M | $451.1M | $538.7M | $520.2M |
| Net Income | $330.8M | $241.6M | $428.4M | $508.1M | $493.4M |
| EBITDA | $363.6M | $264.9M | $454.4M | $543.9M | $526.7M |
| EPS | $4.80 | $3.24 | $5.23 | $5.85 | $5.52 |
| EPS (Diluted) | — | — | — | — | — |
Balance Sheet (Annual)
Last updated: Jun 21, 2026 7:18pm (5d ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Cash & Equivalents | $32.6M | $49.1M | $60.1M | $78.3M | $42.0M |
| Total Current Assets | $67.8M | $49.5M | $149.4M | $176.3M | $540.7M |
| Total Assets | $3.7B | $4.2B | $4.4B | $5.1B | $5.7B |
| Current Liabilities | $35.2M | $34.3M | $37.4M | $45.4M | $1.2M |
| Long-Term Debt | $1.8B | $2.0B | $1.8B | $2.1B | $2.5B |
| Total Liabilities | $1.9B | $2.1B | $2.0B | $2.3B | $2.7B |
| Total Equity | $1.8B | $2.1B | $2.5B | $2.8B | $3.0B |
| Retained Earnings | $51.8M | $77.3M | $206.0M | $402.5M | $535.3M |
Cash Flow (Annual)
Last updated: Jun 21, 2026 7:18pm (5d ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Operating Cash Flow | -$515.4M | -$246.9M | $285.3M | -$87.1M | $347.4M |
| Capital Expenditure | $0 | $0 | $0 | $0 | $0 |
| Free Cash Flow | -$515.4M | -$246.9M | $285.3M | -$87.1M | $347.4M |
| Acquisitions (net) | $0 | $0 | $0 | $0 | $0 |
| Debt Repayment | — | — | — | — | — |
| Dividends Paid | — | — | — | — | — |
| Stock Buybacks | $0 | $0 | -$6.0M | -$7.3M | $0 |
| Net Change in Cash | $710,000 | $16.5M | $11.0M | $18.2M | -$36.3M |
Analyst Estimates (Annual)
Last updated: Jun 27, 2026 5:06am (3h ago)| Metric | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| Revenue |
$564.0M $562.8M – $566.9M
|
$582.7M $581.9M – $583.6M
|
$623.7M $613.5M – $639.6M
|
$687.9M $679.1M – $700.3M
|
| EBITDA |
$423.2M $422.3M – $425.4M
|
$437.2M $436.6M – $437.9M
|
$468.0M $460.3M – $479.9M
|
$516.1M $509.5M – $525.5M
|
| Net Income |
$360.0M $357.4M – $362.6M
|
$339.6M $332.4M – $346.8M
|
$350.6M $332.3M – $369.0M
|
$370.3M $362.9M – $377.7M
|
| EPS | — | — | — | — |
Growth Trends (YoY %)
Last updated: Jun 21, 2026 7:18pm (5d ago)| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue Growth | -15.6% | +54.5% | +18.3% | -11.1% |
| Gross Profit Growth | -22.6% | +60.2% | +17.9% | +7.2% |
| Operating Income Growth | -27.1% | +70.3% | +19.4% | -3.4% |
| Net Income Growth | -27.0% | +77.3% | +18.6% | -2.9% |
| EBITDA Growth | -27.1% | +71.5% | +19.7% | -3.2% |
Insider Trading (Recent)
Last updated: Jun 27, 2026 5:06am (3h ago)
Type codes
PPurchase
SSale
AAward / grant
MOption exercise
FIn-kind (tax)
CConversion
GGift
DReturn to issuer
All SEC Form 4 codes
Open market
- P Purchase
- Open-market or private purchase of shares.
- S Sale
- Open-market or private sale of shares.
Compensation (Rule 16b-3)
- A Award / grant
- Grant or award of securities (RSUs, options, etc.) under Rule 16b-3.
- D Return to issuer
- Securities disposed back to the company under Rule 16b-3.
- F In-kind (tax)
- Shares withheld or delivered to pay the option-exercise price or tax — not an open-market sale.
- I Discretionary
- Discretionary transaction under an employee plan — Rule 16b-3(f).
- M Option exercise
- Exercise or conversion of a derivative (option/RSU) into shares — exempt.
Derivatives
- C Conversion
- Conversion of a derivative security into the underlying shares.
- E Short expiration
- Expiration of a short derivative position.
- H Long expiration
- Expiration or cancellation of a long derivative position with value received.
- O OTM exercise
- Exercise of an out-of-the-money derivative.
- X ITM exercise
- Exercise of an in-the-money or at-the-money derivative.
Other exempt
- G Gift
- Bona fide gift of securities.
- L Small acquisition
- Small acquisition under Rule 16a-6.
- W Inheritance
- Acquisition or disposition by will or the laws of descent.
- Z Voting trust
- Deposit into or withdrawal from a voting trust.
Other
- J Other
- Other acquisition or disposition (explained in a Form 4 footnote).
- K Equity swap
- Transaction in an equity swap or similar instrument.
- U Tender / buyout
- Disposition via tender of shares in a change-of-control transaction.
Compensation-plan codes (A, D, F, M) are routine and rarely directional. Open-market P (buy) and S (sale) carry the most signal.
| Date | Insider | Type | Shares | Price | Value |
|---|---|---|---|---|---|
| 2026-05-15 | Lane Brian E. | J-Other | 192.59 | $50.45 | $9,716 |
| 2026-05-15 | Lane Brian E. | J-Other | 72.31 | $50.69 | $3,665 |
| 2026-05-15 | Magdol David L. | J-Other | 64.67 | $50.69 | $3,278 |
| 2026-05-15 | Magdol David L. | J-Other | 68.34 | $50.65 | $3,462 |
| 2026-05-15 | Griffin Jon Kevin | J-Other | 259.09 | $50.45 | $13,071 |
| 2026-05-15 | Griffin Jon Kevin | J-Other | 22.47 | $50.69 | $1,139 |
| 2026-05-15 | McHugh Ryan | J-Other | 34.82 | $50.69 | $1,765 |
| 2026-05-15 | McHugh Ryan | J-Other | 41.30 | $50.69 | $2,093 |
| 2026-05-15 | JACKSON JOHN EARL | J-Other | 252.63 | $50.45 | $12,745 |
| 2026-05-15 | JACKSON JOHN EARL | J-Other | 98.41 | $50.69 | $4,989 |
| 2026-05-15 | JACKSON JOHN EARL | J-Other | 10.00 | $50.49 | $505 |
| 2026-05-15 | SHIVE DUNIA A | J-Other | 108.73 | $50.45 | $5,486 |
| 2026-05-15 | Hyzak Dwayne L. | J-Other | 456.46 | $50.69 | $23,138 |
| 2026-05-15 | SOLCHER STEPHEN B | J-Other | 207.97 | $50.45 | $10,492 |
| 2026-05-15 | Beauvais Jason B | J-Other | 110.33 | $50.69 | $5,593 |
| 2026-05-15 | FOSTER VINCENT D | J-Other | 1,547.65 | $50.69 | $78,451 |
| 2026-05-15 | FOSTER VINCENT D | J-Other | 14.49 | $50.69 | $734 |
| 2026-05-18 | FOSTER VINCENT D | G-Gift | 71,000.00 | $0.00 | $0 |
| 2026-05-18 | FOSTER VINCENT D | G-Gift | 35,500.00 | $0.00 | $0 |
| 2026-05-18 | FOSTER VINCENT D | G-Gift | 35,500.00 | $0.00 | $0 |
Dividend History (Last 20)
Last updated: Jun 21, 2026 7:18pm (5d ago)| Date | Dividend | Declaration | Record | Payment |
|---|---|---|---|---|
| 2026-09-08 | $0.27 | 2026-05-04 | 2026-09-08 | 2026-09-15 |
| 2026-08-07 | $0.27 | 2026-05-04 | 2026-08-07 | 2026-08-14 |
| 2026-07-08 | $0.27 | 2026-05-04 | 2026-07-08 | 2026-07-15 |
| 2026-06-22 | $0.30 | 2026-05-04 | 2026-06-22 | 2026-06-29 |
| 2026-05-08 | $0.26 | 2026-02-24 | 2026-05-08 | 2026-05-15 |
| 2026-04-08 | $0.26 | 2026-02-24 | 2026-04-08 | 2026-04-15 |
| 2026-03-20 | $0.30 | 2026-02-23 | 2026-03-20 | 2026-03-27 |
| 2026-03-06 | $0.26 | 2025-11-03 | 2026-03-06 | 2026-03-13 |
| 2026-02-06 | $0.26 | 2025-11-03 | 2026-02-06 | 2026-02-13 |
| 2026-01-08 | $0.26 | 2025-11-03 | 2026-01-08 | 2026-01-15 |
| 2025-12-22 | $0.30 | 2025-11-03 | 2025-12-22 | 2025-12-29 |
| 2025-12-08 | $0.26 | 2025-08-04 | 2025-12-08 | 2025-12-15 |
| 2025-11-07 | $0.26 | 2025-08-04 | 2025-11-07 | 2025-11-14 |
| 2025-10-08 | $0.26 | 2025-08-04 | 2025-10-08 | 2025-10-15 |
| 2025-09-19 | $0.30 | 2025-08-04 | 2025-09-19 | 2025-09-26 |
| 2025-09-08 | $0.26 | 2025-05-05 | 2025-09-08 | 2025-09-15 |
| 2025-08-08 | $0.26 | 2025-05-05 | 2025-08-08 | 2025-08-15 |
| 2025-07-08 | $0.26 | 2025-05-05 | 2025-07-08 | 2025-07-15 |
| 2025-06-20 | $0.30 | 2025-05-05 | 2025-06-20 | 2025-06-27 |
| 2025-06-06 | $0.25 | 2025-02-24 | 2025-06-06 | 2025-06-13 |
Narrative Economics
The story the market is telling about this stock — the intangible X-factor
(founder mythology, cult dynamics, TAM-of-imagination) that moves price beyond
what cash flows alone explain. After Shiller, Narrative Economics.
No narrative profile yet for MAIN — it's generated by the pipeline (
market-narrative step).
No community reviews yet for MAIN.
Be the first — hit How to Contribute, have any AI review this page, and paste its take back here.
My Notes
personal — only you see this
Sign in to save personal notes and rate your interest in this stock.
Data via Financial Modeling Prep · Cached for performance · fmp
v1.1.352 · d1100787 · 2026-06-26 11:39:30