Main Street Capital Corporation
MAINMain Street Capital Corporation's three tracks disagree. Price, valuation and the earnings engine each tell a different story — the next quarter or two settles it.
Biggest watch item: the P/BV sits at the 65th percentile of its own range — the multiple has already done part of the work.
The price is topping out (1 weeks in) while the P/BV sits at the 65th percentile of its own 5-year range. Underneath, the last four quarters read deteriorating — profit −58.3% year on year, with the the net margin at 71.4%. What settles it: the next one or two quarters of delivery.
Price story Before the numbers, the tape. A stock price moves through four repeating seasons: a flat base (stage 1), an advance (2), a top (3), a decline (4). Where the price sits in that cycle frames everything below.
Main Street Capital Corporation trades at $57.1, losing momentum at the top and 1 weeks into that stage. That is +1.3% against its own 200-day average. It sits at 43% of a 52-week range of $50 to $67. On relative strength it has been ahead of the S&P 500 on a trailing-13-week view for 1 straight week.
Today the stock is losing momentum at the top — week 1 of stage 3. At $57.1 it trades +1.3% versus its 200-day average and sits at 43% of its 52-week range ($50–$67).
Against the market, two honest reads. Cumulative: over the last 10.1 years the stock moved +75% while the S&P 500 moved +263% — behind the index over the full window. Recent form: on a trailing-13-week view the stock has been ahead for 1 straight week — the ribbon below is that same metric, week by week.
What would end the trend, mechanically: two Friday closes in a row below the 200-day line. That is the exit rule — no debates.
Valuation For a bank we price the book, not the earnings: P/BV is what the market pays for each $1 of the bank's net worth. A bank below 1× book is priced below the value of what it owns, net of what it owes.
Main Street Capital Corporation trades at 1.7× P/BV, mid-range by its own standards (65th percentile). Its long-run median P/BV is 1.6×, measured across 5.1 years of weekly readings. This places the multiple against the stock’s own record, and says nothing about what the business is worth.
Today's P/BV of 1.7× is mid-range by its own standards (65th percentile), against a long-run median of 1.6× measured over 5.1 years of weekly readings. This is a comparison against the stock's own history — not a claim about what it is worth.
Why the multiple sits where it does: over the past year book value grew while the price moved −10.7% — the price ran ahead of the book, pushing the multiple up its own range.
The price move, decomposed: over 5y, of the +6.5%/yr price move, ~+7.8%/yr came from book-value growth and ~−1.3 pp from the multiple (compressing). The split is the honest approximate (price return minus book-value growth); it makes the rally itself visible instead of hiding it behind the percentile.
Put together: the multiple is full against its own past, so the story rests on the book-value line underneath it, not the multiple.
Stage: Deteriorating Every business sits somewhere on a fundamental arc, and this page names the spot before anything else. The last twelve quarters of revenue, profit and EPS growth — plus the return the business earns on its capital — are read as curves: Deteriorating (the curves are falling), Turning around (a trough has just formed and the last few quarters lift off it), Improving (the climb off the trough is sustained), Consistent (steadily positive with healthy returns), Topping out (still high but decelerating from the peak). When the curves genuinely disagree the read is Mixed; too little history is No read. CAGR (compound annual growth rate) is the smooth yearly pace that turns the starting value into the latest one — the fairest way to compare growth across different time spans. Read the columns together: if the 1-year number towers over the 10-year, recent growth is running hotter than the long-run trend. A dash means that window is not held, or the base year was a loss (where a growth rate is not meaningful).
Main Street Capital Corporation reads as deteriorating on its fundamental arc. Deteriorating — revenue, profit and EPS growth are shrinking (revenue growth −14.8% latest against +56.3% at its 12-quarter best), ROE slipping at 13.6%. The read is built from 12 quarters across 4 curves, on full evidence.
🚨 Why it matters: falling curves mean every cheap-looking ratio below needs a discount for direction.
| 1yr | 3yr | 5yr | 10yr | |
|---|---|---|---|---|
| Revenue | −1.7% | +22.6% | — | — |
| Profit | −3.9% | +26.9% | — | — |
| EPS | −5.6% | +19.4% | — | — |
| Stock price | −10.7% | +10.4% | +6.5% | +5.3% |
4-Factor Sector Score
No sector-relative score — Main Street Capital Corporation is not among the largest members shown in this industry comparison for Asset Management.
The score is a rank WITHIN a peer set: every metric is scored by percentile against the other members. Without the peer set there is no score to state, so none is invented here.
Revenue For a bank, revenue is everything the franchise earns — interest on the loan book plus fees from its businesses.
Main Street Capital Corporation reported $0.1 B of income in the Mar 26 quarter, −50.0% year on year. Over 4 years it has compounded at 9.5% a year. The last full year, FY25, came in at $0.6 B. The last four reported quarters add to $0.5 B.
FY25 revenue came in at $0.6 B (−1.7% on the year), capping 4 years at 9.5% compound. The latest quarter (Mar 26) printed $0.1 B, −50.0% year on year.
Pace check: the last four quarters averaged −14.5% growth against the decade's 9.5% — the current year is running slower than its own long-run rate.
Acceleration check: trailing-twelve-month revenue grew −14.8% over the last 4 quarters against −0.9%/yr over the last 8 — rolling over; TTM profit −17.6% vs −4.4%/yr — rolling over.
Net margin Net margin — what the bank keeps of every $100 of revenue after every cost, provision and tax. With big fee businesses in the mix, it is the cleanest margin we can read for this bank.
Main Street Capital Corporation's net margin is 71.4% in the Mar 26 quarter, −14.3 percentage points against the same quarter a year ago. Across 5 fiscal years the net margin has ranged 75.0% to 85.0%. The current quarter is running below every full year in that window.
The latest quarter's net margin is 71.4%, −14.3 pp against the same quarter a year ago. Across 5 fiscal years the net margin has ranged 75.0%–85.0%.
Why: the numbers show the net margin move clearly, but the cost lines behind it sit below what we hold — so we state the move without inventing its driver.
Net profit Net profit is what survives every cost, interest and tax — the number EPS, dividends and book value all grow from.
Main Street Capital Corporation earned $0.1 B of net profit in the Mar 26 quarter, −58.3% year on year. Full-year FY25 profit was $0.5 B. The 4-year compound rate is 10.4%. That is 71.4% of the quarter's revenue. The same quarter a year earlier earned $0.1 B.
Mar 26 profit was $0.1 B, −58.3% year on year. On the full year, FY25 printed $0.5 B (−3.9%), and the 4-year compound rate is 10.4%.
🚨 Why profit moved: revenue contributed −50.0% and the margin −14.3 pp — the quarter was revenue-led despite a thinner margin.
Pace comparison, last four quarters: profit −15.4% vs revenue −14.5%. Profit and revenue are moving roughly in step.
Asset quality — the ladder Gross NPA is the slice of the loan book where repayments have stopped. Net NPA is what remains after the money already set aside against those loans. Falling is healing; rising is damage arriving.
Loan-book quality history is not available for Main Street Capital Corporation, so this section names the gap rather than estimating a ratio. No gross or net non-performing-asset series is filed in a form this page can read, and none is inferred from the profit line. The income, margin and return sections above carry the evidence this business does report.
We do not hold quarterly loan-book quality numbers for this bank, so this section states that plainly rather than working around it.
Why: loan-book quality is the engine room of a bank, and its drivers — slippages, recoveries, provisioning — sit below what we hold for this name; the sections around it carry the reads we can stand behind.
The loan book We read the loan book through revenue — when the book and the businesses grow, revenue grows with them. It is a rough proxy, and we say so: rate moves and fee swings can shift it a few points in any one year.
Main Street Capital Corporation's revenue grew −1.7% in FY25 to $0.6 B, so the book is flat. The latest quarter ran −50.0% year on year. The net margin on that income is 71.4%, −14.3 percentage points against a year ago. Interest income is a proxy for the book; rate moves can shift it a few points in any one year.
FY25 revenue was $0.6 B, −1.7% on the year, and the latest quarter ran −50.0% year on year. The net margin on that revenue is 71.4% this quarter (−14.3 pp YoY) — growth with a narrowing margin on it.
The synthesis: a lender compounds when the book grows while the margin holds and the loan book stays clean — with quarterly loan-quality numbers missing here, revenue growth and margin are the two we watch.
Returns on equity and assets Two numbers rate a bank: ROE — what it earns on shareholder money — and ROA — what it earns on everything it deploys. ROE above ~13–15% earns its keep; below that, growth builds book slowly.
Main Street Capital Corporation earns a return on equity of 16% in FY25. Its trough over the ladder below was 11% in FY22. On the asset side every $100 of the balance sheet earned about $5.58, which is the return before leverage is applied.
FY25 ROE came in at 16%, recovered from a FY22 trough of 11%. On assets, the latest reading is about 5.58% — every $100 the bank deploys earns roughly $5.58 a year. That clears the bar a bank must beat for its book value to compound.
Why ROE moved: profit compounded 10.4% a year over 4 years while the equity base grew more slowly — earnings recovering faster than book value builds is what lifts ROE off a trough.
Dividend A dividend is cash paid out per share. Dividend per share is the declared amount for the period; the trailing twelve-month total is the four most recent quarters added together.
Main Street Capital Corporation paid $3.06 per share over the last four reported quarters, up 4.0% on a year ago. The most recent declaration was $0.78 for Mar 26. Against the current price of $57.1 that is a trailing yield of 5.35%, measured on dividends already paid rather than on a forecast.
Main Street Capital Corporation paid $3.06 per share across the last four reported quarters, most recently $0.78 for Mar 26. That is up 4.0% against the same quarter a year earlier. Against the current price of $57.1 the trailing twelve months work out to 5.35% — trailing dividends measured against today's price, not a forward estimate.
Debt
For a bank, borrowings are raw material, not a warning sign — solvency is read through the returns and the loan book. A manufacturer’s debt is a claim against its profits, so the debt-to-equity lens that works everywhere else misleads on a lender and is not applied here.
A manufacturer’s debt is a claim against its profits; a bank’s borrowings are its inventory — money taken in to be lent out. The debt lens that works everywhere else misleads here, so this page does not apply it. The solvency questions for a bank — is the loan book sound, is the equity earning — are read through the loan-book and returns sections above.
Ownership There is no quarter-by-quarter holder register to read here, so we read the crowd through short interest — the slice of tradable shares currently sold short, positioned for a fall.
11.1% of Main Street Capital Corporation's tradable float is currently sold short — a large bloc is positioned against it. At typical trading volumes those positions would take about 14.1 days to buy back. There is no quarter-by-quarter holder register to read for this filer, so the crowd is read through short interest instead.
The latest reading: 11.1% of the float is sold short, and at typical trading volumes it would take about 14.1 days to buy those positions back. A large bloc is positioned against it. This is a single point-in-time reading — we do not yet hold its history, so we show no trend chart.
Why it sits there: who is doing the shorting, and why, does not travel with the number — the level is shown without inventing its story.
Safety line The Z-score estimates how far a company sits from balance-sheet distress — above roughly 3 is safe, below roughly 1.8 is the danger zone. It was built for manufacturers, so it is not applied to banks and lenders.
Main Street Capital Corporation: the Z-score is omitted — it was built for manufacturers, not banks, and applying it here would be theatre. The Z-score was built for manufacturers and is not applied to banks and lenders, so solvency here is read from the capital and asset-quality lines instead.
The safety line in one sentence: the Z-score is omitted — it was built for manufacturers, not banks, and applying it here would be theatre.
No sector comparison is shown here — not among the largest members shown in this industry comparison.
Frequently asked questions
What is Main Street Capital Corporation's stock price today?
Main Street Capital Corporation trades at $57.1, −10.7% over the past year. The company is valued at $5.0 B. The stock sits at 43% of its 52-week range of $50–$67, +1.3% versus its 200-day average. On the tape, the price is topping out, 1 weeks in. — as of 5 August 2026.
What were Main Street Capital Corporation's latest quarterly results?
Main Street Capital Corporation reported total income of $0.1 B and net profit of $0.1 B for the Mar 26 quarter. Income fell 50.0% and profit fell 58.3% year on year. Earnings per share were $0.54. The net margin was 71.4%, 14.3 pp lower than a year earlier. — as of 5 August 2026.
What is Main Street Capital Corporation's revenue?
Main Street Capital Corporation reported revenue of $0.1 B in the Mar 26 quarter, −50.0% year on year. For the full FY25 fiscal year, revenue was $0.6 B (−1.7%). Over the last 4 years revenue compounded at 9.5% a year. — as of 5 August 2026.
What is Main Street Capital Corporation's profit?
Main Street Capital Corporation earned $0.1 B of net profit in the Mar 26 quarter, −58.3% year on year. Full-year FY25 profit was $0.5 B. The net margin ran 71.4% in the latest quarter. — as of 5 August 2026.
What is Main Street Capital Corporation's market cap?
Main Street Capital Corporation's market capitalisation is $5.0 B at a stock price of $57.1. Market cap is the share price multiplied by shares outstanding, so it is restated whenever the price moves. — as of 5 August 2026.
What is Main Street Capital Corporation's P/BV ratio?
Main Street Capital Corporation trades at a P/BV of 1.7×, at the 65th percentile of its own 5-year range, against a long-run median of 1.6×. This is a comparison with the stock's own history, not a value call — as of 5 August 2026.
Does Main Street Capital Corporation pay a dividend?
Yes — Main Street Capital Corporation declared $0.78 per share for Mar 26, and $3.06 per share across the last four reported quarters. The latest quarter is up 4.0% on the same quarter a year earlier. — as of 5 August 2026.
What is Main Street Capital Corporation's dividend per share?
Main Street Capital Corporation's most recently declared dividend is $0.78 per share for Mar 26, giving $3.06 per share over the trailing twelve months. Each figure is the amount declared for that quarter as reported, added across four quarters for the trailing total. — as of 5 August 2026.
What is Main Street Capital Corporation's dividend yield?
Main Street Capital Corporation's trailing dividend yield is 5.35%: $3.06 declared per share across the last four reported quarters, against a share price of $57.1. Each quarter’s figure is the amount declared for that quarter as reported, added across four quarters and divided by the latest close. — as of 5 August 2026.
Is Main Street Capital Corporation overvalued?
On its own history, Main Street Capital Corporation looks expensive against its own history: its P/BV of 1.7× sits at the 65th percentile of its 5-year range (long-run median 1.6×). That is a percentile read against the stock's own past, not a price opinion or a direction call. — as of 5 August 2026.
Is Main Street Capital Corporation growing?
Not right now — Main Street Capital Corporation's latest numbers are shrinking: latest-quarter revenue −50.0% year on year, profit −58.3%, and the the net margin −14.3 pp at 71.4%. The 4-year compound rates are 9.5% (revenue) and 10.4% (profit). The earnings engine currently reads: deteriorating — as of 5 August 2026.
How is Main Street Capital Corporation performing?
Main Street Capital Corporation is topping out, 1 weeks in. Its latest quarter's income fell 50.0% and profit fell 58.3% year on year. Against the S&P 500 it has been ahead on a trailing-13-week view for 1 week. This describes what the data did, not a rating. — as of 5 August 2026.
What stage is Main Street Capital Corporation in?
Deteriorating — revenue, profit and EPS growth are shrinking (revenue growth −14.8% latest against +56.3% at its 12-quarter best), ROE slipping at 13.6%. The read comes from the last 12 quarters of growth (revenue growth −14.8% latest, profit growth −17.6% latest, eps growth −19.4% latest) plus the ROE curve, classified by deterministic rules — a trajectory read, not a buy or sell call — as of 5 August 2026.
Is Main Street Capital Corporation in an uptrend?
It is stalling — the price is topping out (week 1 of stage 3), trading +1.3% versus its 200-day average and at 43% of its 52-week range. Price stages cycle base → advance → top → decline, and the stage names where this stock sits in that cycle — as of 5 August 2026.
Is Main Street Capital Corporation beating the market?
On recent form, yes — Main Street Capital Corporation has been ahead of the S&P 500 on a trailing-13-week view for 1 straight week, the same metric the week-by-week ribbon on this page draws. Separately, on the cumulative view: over the last 10.1 years the stock moved +75% against the S&P 500's +263% — behind the index over the full window. — as of 5 August 2026.
Will Main Street Capital Corporation's stock price go up?
This page publishes no price forecast for Main Street Capital Corporation. What it measures instead: the stock price is $57.1, the price is topping out 1 weeks in. Its P/BV of 1.7× sits at the 65th percentile of its own 5-year range. — as of 5 August 2026.
Is the market betting against Main Street Capital Corporation?
Yes — short interest is 11.1% of Main Street Capital Corporation's tradable float, about 14.1 days to cover at typical volumes. A crowded short: a large bloc is positioned against it. With no quarter-by-quarter holder register here, short interest is the cleanest crowd read we hold — as of 5 August 2026.
Is Main Street Capital Corporation's loan book healthy?
We do not hold quarterly loan-book quality numbers for Main Street Capital Corporation, so this page says that plainly. The cleanest available reads are revenue growth (−1.7% in FY25) and the net margin on it (71.4%) — as of 5 August 2026.
Where is Main Street Capital Corporation in its business cycle?
Main Street Capital Corporation's FY25 net margin was 83.1%, against a 5-year band of 75.0%–85.0%: mid-band by its own history — neither the peak that precedes mean-reversion nor the trough that precedes recovery. The latest quarter ran 71.4%. Profitability versus a company's own long band is the cleanest cycle clock this page holds — as of 5 August 2026.
What could break the Main Street Capital Corporation story?
Biggest watch item: the P/BV sits at the 65th percentile of its own range — the multiple has already done part of the work. Mechanically, two Friday closes in a row below the 200-day average would end the price trend — that is the exit rule this page tracks — as of 5 August 2026.
Is Main Street Capital Corporation a stock worth studying right now?
This is not investment advice. The machine read: Main Street Capital Corporation's three tracks disagree. Price, valuation and the earnings engine each tell a different story — the next quarter or two settles it. The sharpest open question: the next one or two quarters of delivery. Every number on this page is drawn deterministically from the raw series, with no forecasts and no price opinions — as of 5 August 2026.