Loading...
XNYS
MAIN
Market cap5.00bUSD
Oct 23, Last price  
53.51USD
1D
-1.09%
1Q
0.07%
Jan 2017
45.53%
IPO
259.13%
Name

Main Street Capital Corp

Chart & performance

D1W1MN
XNYS:MAIN chart
P/E
10.14
P/B
3.52
EPS
5.28
Vol. 1Y
24.31%
Shs. 5Y
6.34%
Rev. 5Y
44.99%
Div Yld LY
7.91%
Div Yld TTM
8.09%
Revenues
645m
-11.06%
18,738,00010,261,00013,725,00012,086,00033,628,00068,878,000140,541,000130,313,000163,193,000154,144,000201,152,000264,468,000252,677,000218,057,000100,585,000470,007,000396,464,000612,455,000724,680,000644,503,000
Net income
493m
-2.89%
15,823,0002,545,00010,934,00011,956,00033,853,00062,967,000104,390,00096,855,000100,748,000104,437,000138,899,000170,622,000168,213,000129,569,00029,383,000330,762,000241,606,000428,447,000508,080,000493,398,000
CFO
347m
P
4,243,8635,404,91710,912,6918,044,60716,604,31037,156,01848,869,000-240,706,000-190,918,000-131,392,000-42,730,00072,902,000-109,066,000-33,834,000-54,084,000-515,373,000-246,936,000285,322,000-87,118,000347,442,000
Dividend
Sep 21, 20260.3 USD/sh

Notes

No notes on this company yet
Write a private note on this company, for your eyes only

Profile

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.

Key people

Chief Executive Officer, Director · since 2021
Ryan Nelson
Chief Financial Officer, Treasurer · since 2024
Executive Vice President, General Counsel, Company Secretary · since 2024
Chief Operating Officer, Executive Vice President · since 2024
President, Chief Investment Officer · since 2021
Chief Compliance Officer, Deputy General Counsel · since 2024
Katherine Silva
Vice President, Assistant Treasurer · since 2015
Jaime Arreola
Managing Director - Lower Middle Market Investment · since 2023
K. Colton Braud
Managing Director - Lower Middle Market · since 2017
Damian Burke
Managing Director - Lower Middle Market · since 2019
Samuel Cashiola
Managing Director - Private Credit Investment · since 2019
Diego Fernandez
Managing Director - Lower Middle Market · since 2013
Managing Director - Private Credit Investment Team · since 2012
Jonathan Montgomery
Managing Director - Lower Middle Market · since 2024
Chief Accounting Officer, Vice President, Assistant Treasurer · since 2024
Vincent Foster
Executive Chairman of the Board · since 2018
Lead Independent Director · since 2024
Jon Griffin
Independent Director · since 2011
Independent Director · since 2015
Independent Director · since 2020
IPO date
Oct 08, 2007
Employees
91
Domiciled in
US
Incorporated in
US
Legal address
C/O Capitol Corporate Services, Inc.
3206 Tower Oaks Boulevard
4th Floor
Rockville, MD 20852
US
Headquarters
516 N CHARLES STREET
5TH FLOOR
BALTIMORE, MD 21201
US

Valuation

Title
USD in thousands, except ratios and share amounts
FYFYFYFYFYFYFYFYFYFY
2025‑122024‑122023‑122022‑122021‑122020‑122019‑122018‑122017‑122016‑12
Income
Revenues
Cost of revenue
Unusual Expense (Income)
NOPBT
NOPBT Margin
Operating Taxes
Tax Rate
NOPAT
Net income
Dividends
Dividend yield
Proceeds from repurchase of equity
BB yield
Debt
Debt current
Long-term debt
Deferred revenue
Other long-term liabilities
Net debt
Cash flow
Cash from operating activities
CAPEX
Cash from investing activities
Cash from financing activities
FCF
Balance
Cash
Long term investments
Excess cash
Stockholders' equity
Invested Capital
ROIC
ROCE
EV
Common stock shares outstanding
Price
Market cap
EV
EBITDA
EV/EBITDA
Interest
Interest/NOPBT