Stocks · Financial Services · Asset Management
Main Street Capital Corporation MAIN
$55.11 -0.99% Close, Oct 2, 2026 · NYSE · Market cap $5.12B
Next earnings report: Nov 5, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- Operating margin narrowed to 64.7% from 73.9% a year earlier.
- Net debt is 5.5× EBITDA, a high level of leverage.
- Diluted EPS over the last four quarters was $4.96, down 18.3% year over year.
PromtFinance scores
Each score is a percentile within the Financial Services sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.
Growth7Very weak
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Bottom 14%
- EPS growth (TTM, YoY)Bottom 19%
- FCF growth (TTM, YoY)Bottom 10%
- Revenue growth, 3-year CAGRTop 40%
- Revenue growth accelerationBottom 22%
Quality63Neutral
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalTop 22%
- Gross marginTop 9%
- Operating marginTop 3%
- Cash conversion (OCF / net income)Bottom 23%
- Accruals (lower is better)Bottom 7%
- Net debt / EBITDA (lower is better)Bottom 22%
- Interest coverTop 24%
Value36Weak
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldTop 25%
- Free-cash-flow yieldBottom 31%
- EBITDA / enterprise valueBottom 47%
- Sales / enterprise valueBottom 9%
- P/E vs own 5-year history (lower is better)Bottom 36%
Momentum23Very weak
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthBottom 18%
- 6-month returnBottom 48%
- 1-year return vs S&P 500Bottom 20%
- Distance from 52-week highBottom 33%
- Trend checklist (0–4)Bottom 27%
Revisions11Very weak
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersBottom 23%
- Consecutive EPS beatsBottom 43%
- Share of analysts rating BuyBottom 21%
- Upside to consensus price targetBottom 21%
Stability39Weak
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Bottom 49%
- Maximum drawdown, 3 yearsTop 42%
- Beta vs S&P 500 (lower is better)Bottom 45%
- Net debt / EBITDA (lower is better)Bottom 22%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | -1.1% | -7.2% | ↓ |
| EPS growth (YoY) | -19.4% | -18.3% | ↑ |
| Gross margin | 82.6% | 85.3% | ↑ |
| Operating margin | 73.9% | 64.7% | ↓ |
| FCF margin | 50.1% | 24.6% | ↓ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | -7.2% | -1.1% | ↓ | Bottom 14% |
| EPS growth (TTM, YoY) | -18.3% | -19.4% | ↑ | Bottom 19% |
| Gross margin | 85.3% | 82.6% | ↑ | Top 9% |
| Operating margin | 64.7% | 73.9% | ↓ | Top 3% |
| Net margin | 64.5% | 71.2% | ↓ | — |
| Free-cash-flow margin | 24.6% | 50.1% | ↓ | — |
| Return on invested capital | 7.3% | — | Top 22% | |
| Revenue growth, 3-year CAGR | 17.6% | — | Top 40% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- 0.38×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- 4.7%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 1.7%
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- 5.46×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- 3.4×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 6.81%
- Net buyback yield (TTM)
- -3.12%
- Shareholder yield
- 3.69%
- Share count change, 1 year
- +3.0%
- Share count change, 3-year CAGR
- +4.4%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jun 30, 2026 (filed Aug 7, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 1
- Beats in the last 8 reports
- 3 of 8
- Average EPS surprise, last 4
- -2.4%
- Average 2-day reaction, last 8
- -0.5%
- Positive 20 days after report
- 5 of 8
Analysts
- Consensus price target
- $58.33
- Target vs current price
- +5.8%
- Analysts with a rating
- 15
- Share rating Buy or Strong Buy
- 27%
- Consensus rating
- Hold
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Aug 6, 2026 | +1.3% | +1.2% | +4.3% | +3.1% | — |
| May 7, 2026 | -7.9% | -1.3% | -11.0% | -9.3% | -2.8% |
| Feb 26, 2026 | +3.8% | -1.5% | -0.1% | -7.6% | -13.5% |
| Nov 6, 2025 | -6.7% | -0.1% | +3.4% | +4.8% | +8.5% |
| Aug 7, 2025 | +0.0% | -1.0% | +5.3% | +3.8% | -12.2% |
| May 8, 2025 | +1.0% | -0.7% | -0.4% | +6.3% | +20.2% |
| Feb 27, 2025 | -5.6% | -1.1% | -2.5% | -2.8% | -7.4% |
| Nov 8, 2024 | -2.0% | +0.3% | +0.8% | +6.9% | +18.1% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Aug 6, 2026 | $0.97 | $0.96 | +1.3% | $149.6M |
| May 7, 2026 | $0.93 | $1.01 | -7.9% | $140.1M |
| Feb 26, 2026 | $1.09 | $1.05 | +3.8% | $145.5M |
| Nov 6, 2025 | $0.97 | $1.04 | -6.7% | $183.7M |
| Aug 7, 2025 | $0.99 | $0.99 | +0.0% | $202.3M |
| May 8, 2025 | $1.01 | $1.00 | +1.0% | $170.7M |
| Feb 27, 2025 | $1.02 | $1.08 | -5.6% | $221.2M |
| Nov 8, 2024 | $1.00 | $1.02 | -2.0% | $136.8M |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 11.1× | 9.7× | 71th | Top 25% |
| P/E (forward) | 14.5× | — | — | — |
| EV / EBITDA | 16.8× | — | — | Bottom 47% |
| EV / Sales | 10.86× | — | — | Bottom 9% |
| Free-cash-flow yield | 3.36% | — | — | Bottom 31% |
| Earnings yield | 9.00% | — | — | Top 25% |
P/E over the past five years
Range 8.2× – 12.7× since Jun 30, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.
What moved the stock over the past year
- Price return, 1 year
- -12.3%
- Earnings per share growth (TTM)
- -18.3%
- Change in P/E multiple
- +9.9%
Most of the move came from earnings growth.
Technical state
Trend checklist
- ✗ Price above 20-day average
- ✗ Price above 50-day average
- ✗ Price above 200-day average
- ✓ 50-day average above 200-day
- ✗ MACD histogram positive
Trend quality
- Days above the 50-day average
- 0
- Days above the 200-day average
- 0
- 50-day average slope (20 days)
- +2.3%
- 200-day average slope (20 days)
- -0.5%
- Distance from 50-day average
- -3.0%
- Distance from 200-day average
- -1.9%
- RSI (14)
- 42.2
- Relative volume
- 1.12×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 20.8%
- Volatility vs own 5-year history
- 54th percentile · Normal for this stock
- Beta vs S&P 500 (2 years, weekly)
- 0.74
- Correlation with S&P 500
- 0.50
- Current drawdown from 1-year high
- -14.7%
- Maximum drawdown, 3 years
- -26.5%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Nov 19, 2021 | Oct 10, 2022 | -30.1% | 222 days | 367 days (Mar 27, 2024) |
| Aug 13, 2025 | May 22, 2026 | -26.5% | 195 days | Not yet recovered |
| Feb 19, 2025 | Apr 8, 2025 | -22.1% | 34 days | 65 days (Jul 14, 2025) |
| Apr 27, 2021 | May 12, 2021 | -12.1% | 11 days | 111 days (Oct 19, 2021) |
| Oct 2, 2020 | Oct 30, 2020 | -10.9% | 20 days | 7 days (Nov 10, 2020) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $5.12B
- P/E (TTM)
- 11.1
- EPS, diluted (TTM)
- $4.96
- Revenue (TTM)
- $699.7M
- Dividend yield
- 9.28%
- 52-week range
- $48.95 – $65.23
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $470.0M | $396.5M | $612.5M | $724.7M | $644.5M |
| Gross profit | $411.2M | $318.2M | $509.9M | $601.3M | $644.5M |
| Operating income | $363.6M | $264.9M | $451.1M | $538.7M | $520.2M |
| Net income | $330.8M | $241.6M | $428.4M | $508.1M | $493.4M |
| EPS (diluted) | $4.80 | $3.24 | $5.23 | $5.85 | $5.52 |
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $184.9M | $221.2M | $170.7M | $177.4M | $183.7M | $202.9M | $163.5M | $149.6M |
| Net income | $124.0M | $174.2M | $116.1M | $122.5M | $123.7M | $131.1M | $49.0M | $147.6M |
| EPS (diluted) | $1.42 | $1.97 | $1.31 | $1.37 | $1.38 | $1.46 | $0.54 | $1.58 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 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 |
| Dividends paid | -$160.5M | -$194.2M | -$271.6M | -$320.4M | -$339.3M |
| Net share buybacks | $98.9M | $265.6M | -$6.0M | -$7.3M | $31.7M |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $58.3M
- Total assets
- $5.94B
- Total liabilities
- $2.77B
- Total debt
- $2.53B
- Net debt
- $2.48B
- Shareholders’ equity
- $3.17B
As of Jun 30, 2026 (filed Aug 7, 2026).
Dividends
| Ex-date | Amount | Paid |
|---|---|---|
| Dec 8, 2026 | $0.27 | Dec 15, 2026 |
| Nov 6, 2026 | $0.27 | Nov 13, 2026 |
| Oct 8, 2026 | $0.27 | Oct 15, 2026 |
| Sep 21, 2026 | $0.30 | Sep 28, 2026 |
| Sep 8, 2026 | $0.27 | Sep 15, 2026 |
| Aug 7, 2026 | $0.27 | Aug 14, 2026 |
| Jul 8, 2026 | $0.27 | Jul 15, 2026 |
| Jun 22, 2026 | $0.30 | Jun 29, 2026 |
Short interest
- Shares sold short
- 9,374,088
- Days to cover
- 20.97
- Change vs previous report
- -0.7%
FINRA short interest, settlement date Sep 15, 2026.