Main Street Capital Corporation (MAIN) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 26, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q2 FY2026, filed Aug 7, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the MAIN SEC filings page.
This page shows Main Street Capital Corporation (MAIN) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 6 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Reported earnings remain positive, but cash generation is uneven while asset growth increasingly uses debt.
FY2025 paired net income of$493M with operating cash flow of-$45.7M . That mismatch also appeared in FY2024, when operating cash flow was-$87.1M against net income of$508M , showing that accounting earnings have not translated consistently into cash.
From FY2023 to FY2025, assets expanded
Dividends reached
Financial Health Signals
Main Street Capital Corporation does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.
Main Street Capital Corporation passes 1 of 6 computable financial strength tests (3 of the nine could not be computed from available data). 1 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution).
Key Financial Metrics
Earnings & Revenue
Main Street Capital Corporation reported $147.6M in net income in Q2 2026. This represents an increase of 20.4% from the same quarter a year earlier. Against the prior quarter it is up 201.3%.
Not reported for Q2 2026.
Not reported for Q2 2026.
Not reported for Q2 2026.
Cash & Balance Sheet
Main Street Capital Corporation held $58.3M in cash against $2.5B in long-term debt as of Q2 2026.
Main Street Capital Corporation paid $1.08 per share in dividends in Q2 2026. This represents an increase of 2.9% from the same quarter a year earlier. It is unchanged from the prior quarter.
Not reported for Q2 2026.
Margins & Returns
Main Street Capital Corporation's quarterly ROE was 4.7% in Q2 2026: one quarter's net income over shareholder equity, not annualized. This is up 0.4 percentage points from the same quarter a year earlier. Against the prior quarter it is up 3.1 percentage points.
Not reported for Q2 2026.
Not reported for Q2 2026.
Not reported for Q2 2026.
Capital Allocation
None of these metrics is reported for Q2 2026.
MAIN Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| SG&A Expenses | $5.7M-3.4% | $5.4M+6.1% | N/A | $4.9M+8.0% | $5.9M+10.1% | $5.1M+20.5% | N/A | $4.6M+5.6% |
| Interest Expense | $36.6M+12.7% | $34.0M+9.2% | N/A | $32.5M-3.0% | $32.5M+11.5% | $31.2M+16.4% | N/A | $33.5M+26.7% |
| Income Tax | N/A | N/A | N/A | N/A | N/A | $0n/m | N/A | $0-100.0% |
| Net Income | $147.6M+20.4% | $49.0M-57.8% | N/A | $123.7M-0.3% | $122.5M+19.3% | $116.1M+8.3% | N/A | $124.0M+20.1% |
| EPS (Basic) | N/A | $0.93 | $1.03+1.0% | $0.97+1.0% | $0.99+2.1% | $0.97-4.9% | $1.02-4.7% | $0.96-3.0% |
| EPS (Diluted) | N/A | $0.93 | $1.03+1.0% | $0.97+1.0% | $0.99+2.1% | $0.97-4.9% | $1.02-4.7% | $0.96-3.0% |
| Diluted Shares (Avg) | 93M+4.5% | 91M | N/A | 90M+2.5% | 89M+3.6% | 89M+4.2% | N/A | 87M+5.5% |
Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, R&D Expenses, Operating Income, EBITDA.
MAIN Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $5.9B+12.4% | $5.8B+10.5% | $5.7B+10.9% | $5.3B+3.7% | $5.3B+6.7% | $5.3B+10.8% | $5.1B+15.3% | $5.1B+14.0% |
| Cash & Equivalents | $58.3M-33.0% | $20.8M-81.0% | $42.0M-46.4% | $30.6M-63.8% | $87.0M+185.5% | $109.2M-5.0% | $78.3M+30.2% | $84.4M+9.6% |
| Total Liabilities | $2.8B+15.4% | $2.7B+12.4% | $2.7B+15.7% | $2.3B-2.3% | $2.4B+1.1% | $2.4B+8.5% | $2.3B+18.2% | $2.4B+14.6% |
| Long-Term Debt | $2.5B+14.3% | $2.5B+12.3% | $2.5B+15.8% | $2.1B-2.3% | $2.2B+0.9% | $2.3B+10.0% | $2.1B+17.8% | $2.2B+13.7% |
| Total Equity | $3.2B+9.8% | $3.1B+8.9% | $3.0B+7.0% | $2.9B+9.0% | $2.9B+11.8% | $2.8B+12.9% | $2.8B+12.9% | $2.7B+13.6% |
| Retained Earnings | $531.7M+17.2% | $485.4M+14.1% | $535.3M+33.0% | $481.7M+76.3% | $453.5M+88.8% | $425.3M+88.1% | $402.5M+95.4% | $273.3M+89.3% |
Not reported in any period shown, so not listed: Current Assets, Short-Term Investments, Inventory, Accounts Receivable, Long-Term Investments, Goodwill, Current Liabilities, Non-Current Liabilities.
MAIN Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $116.6M+13.7% | -$138.5Mn/m | -$218.5M-250.6% | $90.6M+25.2% | $102.5Mn/m | -$20.4Mn/m | $145.0M-5.6% | $72.4M-13.8% |
| Stock-Based Compensation | $5.8M+7.2% | $5.1M+5.4% | N/A | $5.4M+11.6% | $5.4M+10.9% | $4.8M+18.0% | N/A | $4.9M+16.9% |
| Financing Cash Flow | -$79.1Mn/m | $117.4M+128.7% | $229.9Mn/m | -$147.0Mn/m | -$124.7M-222.3% | $51.3M-70.3% | -$151.2Mn/m | -$18.4Mn/m |
| Dividends Paid | $100.7M+7.5% | $98.1M+5.3% | $95.7M+4.6% | $95.5M+5.4% | $93.7M+6.6% | $93.1M+7.3% | $91.5M-13.6% | $90.6M+58.9% |
Not reported in any period shown, so not listed: Depreciation & Amortization, Capital Expenditures, Free Cash Flow, Investing Cash Flow, Share Buybacks.
MAIN Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Return on Equity | 4.7%+0.4pp | 1.6%-2.5pp | N/A | 4.2%-0.4pp | 4.3%+0.3pp | 4.1%-0.2pp | N/A | 4.6%+0.3pp |
| Return on Assets | 2.5%+0.2pp | 0.8%-1.4pp | N/A | 2.3%-0.1pp | 2.3%+0.2pp | 2.2%-0.1pp | N/A | 2.4%+0.1pp |
| Debt-to-Equity | 0.800.0x | 0.820.0x | 0.82+0.1x | 0.73-0.1x | 0.77-0.1x | 0.790.0x | 0.760.0x | 0.820.0x |
| Liabilities-to-Equity | 0.880.0x | 0.880.0x | 0.90+0.1x | 0.80-0.1x | 0.83-0.1x | 0.860.0x | 0.830.0x | 0.890.0x |
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, Current Ratio, Asset Turnover, FCF Margin.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Main Street Capital Corporation MAIN | FY2025 | N/A | $493.4M | N/A | $5.0B | — |
| Blackstone Secured Lending Fund BXSL | FY2025 | N/A | $563.5M | N/A | $5.3B | — |
| Blue Owl Capital Corporation OBDC | FY2025 | N/A | $627.4M | N/A | $4.9B | — |
| Affiliated Managers Group AMG | FY2025 | $2.1B | $716.6M | 34.5% | $10.1B | 69/100 |
| FS KKR Capital Corp. FSK | FY2025 | N/A | $11.0M | N/A | $2.9B | — |
Where Main Street Capital Corporation Ranks
Frequently Asked Questions
Is Main Street Capital Corporation profitable?
Yes, Main Street Capital Corporation (MAIN) reported a net income of $493.4M in fiscal year 2025.
How much debt does Main Street Capital Corporation have?
As of fiscal year 2025, Main Street Capital Corporation (MAIN) had $42.0M in cash and equivalents against $2.5B in long-term debt.
Does Main Street Capital Corporation pay dividends?
Yes, Main Street Capital Corporation (MAIN) paid $4.23 per share in dividends during fiscal year 2025.
What is Main Street Capital Corporation's return on equity (ROE)?
Main Street Capital Corporation (MAIN) has a return on equity of 16.5% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Main Street Capital Corporation's operating cash flow?
Main Street Capital Corporation (MAIN) recorded an outflow of $45.7M in operating cash flow during fiscal year 2025, representing cash used by core business activities.
What are Main Street Capital Corporation's total assets?
Main Street Capital Corporation (MAIN) had $5.7B in total assets as of fiscal year 2025, including both current and long-term assets.
What is Main Street Capital Corporation's debt-to-equity ratio?
Main Street Capital Corporation (MAIN) had a debt-to-equity ratio of 0.82 as of fiscal year 2025. We compute it as long-term debt divided by total shareholder equity, where long-term debt is the noncurrent part of the company's borrowings, so debt due within the next twelve months is not counted.
What is Main Street Capital Corporation's liabilities-to-equity ratio?
Main Street Capital Corporation (MAIN) had a liabilities-to-equity ratio of 0.90 as of fiscal year 2025, which is total liabilities divided by total shareholder equity. Total liabilities counts every obligation on the balance sheet (payables, deposits, insurance reserves and deferred taxes as well as borrowings), so this ratio usually runs well above debt-to-equity.
What is Main Street Capital Corporation's return on assets (ROA)?
Main Street Capital Corporation (MAIN) had a return on assets of 8.7% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Main Street Capital Corporation's P/E ratio?
Main Street Capital Corporation (MAIN) trades at 10.1x earnings, its market capitalization divided by $493.4M net income, FY2025. The market capitalization is $5.0B as of Oct 26, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Main Street Capital Corporation's price-to-sales ratio?
Main Street Capital Corporation (MAIN) has no price-to-sales ratio at the moment: no revenue reported. The market capitalization is $5.0B as of Oct 26, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Main Street Capital Corporation's Piotroski F-Score?
Main Street Capital Corporation (MAIN) has a Piotroski F-Score of 1 out of 6 computable signals; 3 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.