MAIN STREET CAPITAL CORP (MAIN) Fundamental Analysis & Valuation

Name: MAIN STREET CAPITAL CORP (MAIN) Fundamental Analysis Rating
Brand: MAIN STREET CAPITAL CORP

NYSE:MAIN • US56035L1044

54.47 USD

-0.38 (-0.69%)

At close: Mar 25, 2026

54.67 USD

+0.2 (+0.37%)

After Hours: 3/25/2026, 8:04:00 PM

This MAIN fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

1. MAIN Profitability Analysis

1.1 Basic Checks

MAIN had positive earnings in the past year.
In the past year MAIN has reported a negative cash flow from operations.
Each year in the past 5 years MAIN has been profitable.
MAIN had negative operating cash flow in 4 of the past 5 years.

1.2 Ratios

Looking at the Return On Assets, with a value of 8.68%, MAIN is in the better half of the industry, outperforming 79.92% of the companies in the same industry.
The Return On Equity of MAIN (16.48%) is better than 76.57% of its industry peers.
The Return On Invested Capital of MAIN (5.21%) is better than 68.20% of its industry peers.
The Average Return On Invested Capital over the past 3 years for MAIN is in line with the industry average of 7.28%.

		Industry Rank	Sector Rank
ROA	8.68%
ROE	16.48%
ROIC	5.21%

ROA(3y)9.42%

ROA(5y)8.58%

ROE(3y)17.31%

ROE(5y)16.38%

ROIC(3y)5.66%

ROIC(5y)5.13%

1.3 Margins

The Profit Margin of MAIN (87.11%) is better than 94.98% of its industry peers.
In the last couple of years the Profit Margin of MAIN has grown nicely.
MAIN has a better Operating Margin (64.75%) than 98.33% of its industry peers.
In the last couple of years the Operating Margin of MAIN has remained more or less at the same level.
MAIN has a Gross Margin of 77.40%. This is amongst the best in the industry. MAIN outperforms 84.10% of its industry peers.
In the last couple of years the Gross Margin of MAIN has remained more or less at the same level.

		Industry Rank	Sector Rank
OM	64.75%
PM (TTM)	87.11%
GM	77.4%

OM growth 3Y-0.17%

OM growth 5Y0.89%

PM growth 3Y10.77%

PM growth 5Y45.83%

GM growth 3Y-0.77%

GM growth 5Y-0.08%

More info and screens

ROA ROE ROIC Operating and Profit Margin Show most profitable peers

2. MAIN Health Analysis

2.1 Basic Checks

MAIN has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, MAIN has more shares outstanding
Compared to 1 year ago, MAIN has a worse debt to assets ratio.

2.2 Solvency

Based on the Altman-Z score of 1.55, we must say that MAIN is in the distress zone and has some risk of bankruptcy.
MAIN has a better Altman-Z score (1.55) than 64.85% of its industry peers.
MAIN has a Debt/Equity ratio of 0.82. This is a neutral value indicating MAIN is somewhat dependend on debt financing.
The Debt to Equity ratio of MAIN (0.82) is comparable to the rest of the industry.

		Industry Rank	Sector Rank
Debt/Equity	0.82
Debt/FCF	N/A
Altman-Z	1.55

ROIC/WACCN/A

WACCN/A

2.3 Liquidity

MAIN has a Current Ratio of 1.24. This is a normal value and indicates that MAIN is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 1.24, MAIN is in line with its industry, outperforming 52.72% of the companies in the same industry.
MAIN has a Quick Ratio of 1.24. This is a normal value and indicates that MAIN is financially healthy and should not expect problems in meeting its short term obligations.
With a Quick ratio value of 1.24, MAIN perfoms like the industry average, outperforming 56.90% of the companies in the same industry.

		Industry Rank	Sector Rank
Current Ratio	1.24
Quick Ratio	1.24

More info and screens

WACC Debt/Equity How to determine the health of a company Altman-Z score Show peers with great health

3. MAIN Growth Analysis

3.1 Past

The earnings per share for MAIN have decreased by -1.47% in the last year.
Measured over the past years, MAIN shows a quite strong growth in Earnings Per Share. The EPS has been growing by 13.87% on average per year.
The Revenue has been growing slightly by 4.69% in the past year.
MAIN shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 20.54% yearly.

EPS 1Y (TTM)-1.47%

EPS 3Y6.91%

EPS 5Y13.87%

EPS Q2Q%2.94%

Revenue 1Y (TTM)4.69%

Revenue growth 3Y14.54%

Revenue growth 5Y20.54%

Sales Q2Q%3.63%

3.2 Future

The Earnings Per Share is expected to grow by 2.62% on average over the next years.
MAIN is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.94% yearly.

EPS Next Y0.58%

EPS Next 2Y2.62%

EPS Next 3YN/A

EPS Next 5YN/A

Revenue Next Year4.75%

Revenue Next 2Y4.94%

Revenue Next 3YN/A

Revenue Next 5YN/A

3.3 Evolution

The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.

More info and screens

Find the best growth stocks Show best growing peers

4. MAIN Valuation Analysis

4.1 Price/Earnings Ratio

The Price/Earnings ratio is 13.55, which indicates a correct valuation of MAIN.
MAIN's Price/Earnings is on the same level as the industry average.
Compared to an average S&P500 Price/Earnings ratio of 25.61, MAIN is valued a bit cheaper.
MAIN is valuated correctly with a Price/Forward Earnings ratio of 13.47.
Compared to the rest of the industry, the Price/Forward Earnings ratio of MAIN is on the same level as its industry peers.
MAIN's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 22.79.

		Industry Rank	Sector Rank
PE	13.55
Fwd PE	13.47

4.2 Price Multiples

		Industry Rank	Sector Rank
P/FCF	N/A
EV/EBITDA	N/A

4.3 Compensation for Growth

The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates MAIN does not grow enough to justify the current Price/Earnings ratio.
The decent profitability rating of MAIN may justify a higher PE ratio.

PEG (NY)23.4

PEG (5Y)0.98

EPS Next 2Y2.62%

EPS Next 3YN/A

More info and screens

Price/Earnings Price/FCF FCF per share EV/EBITDA PEG RATIO Show best valued peers

5. MAIN Dividend Analysis

5.1 Amount

MAIN has a Yearly Dividend Yield of 5.60%, which is a nice return.
MAIN's Dividend Yield is comparable with the industry average which is at 6.72.
Compared to an average S&P500 Dividend Yield of 1.89, MAIN pays a better dividend.

		Industry Rank	Sector Rank
Dividend Yield	5.6%

5.2 History

On average, the dividend of MAIN grows each year by 11.69%, which is quite nice.
MAIN has paid a dividend for at least 10 years, which is a reliable track record.
MAIN has not decreased its dividend in the last 3 years.

Dividend Growth(5Y)11.69%

Div Incr Years4

Div Non Decr Years4

5.3 Sustainability

MAIN pays out 68.76% of its income as dividend. This is not a sustainable payout ratio.
MAIN's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.

DP68.76%

EPS Next 2Y2.62%

EPS Next 3YN/A

More info and screens

Find the best dividend stocks Show peers with best dividend

MAIN Fundamentals: All Metrics, Ratios and Statistics

MAIN STREET CAPITAL CORP

NYSE:MAIN (3/25/2026, 8:04:00 PM)

After market: 54.67 +0.2 (+0.37%)

54.47

-0.38 (-0.69%)

Chartmill FA Rating

GICS SectorFinancials

GICS IndustryGroupFinancial Services

GICS IndustryCapital Markets

Earnings (Last)02-26 2026-02-26/amc

Earnings (Next)05-01 2026-05-01

Inst Owners23.43%

Inst Owner Change9.74%

Ins Owners1.59%

Ins Owner Change0%

Market Cap4.91B

Revenue(TTM)566.39M

Net Income(TTM)493.40M

Analysts72.86

Price Target64.7 (18.78%)

Short Float %8.04%

Short Ratio11.07

Dividend

		Industry Rank	Sector Rank
Dividend Yield	5.6%

Yearly Dividend3.81

Dividend Growth(5Y)11.69%

DP68.76%

Div Incr Years4

Div Non Decr Years4

Ex-Date06-08 2026-06-08 (0.26)

Surprises & Revisions

EPS beat(2)1

Avg EPS beat(2)0.71%

Min EPS beat(2)-2.92%

Max EPS beat(2)4.33%

EPS beat(4)1

Avg EPS beat(4)-0.43%

Min EPS beat(4)-2.92%

Max EPS beat(4)4.33%

EPS beat(8)1

Avg EPS beat(8)-1.44%

EPS beat(12)4

Avg EPS beat(12)-0.48%

EPS beat(16)8

Avg EPS beat(16)0.96%

Revenue beat(2)1

Avg Revenue beat(2)-0.54%

Min Revenue beat(2)-1.99%

Max Revenue beat(2)0.9%

Revenue beat(4)2

Avg Revenue beat(4)-0.1%

Min Revenue beat(4)-2.19%

Max Revenue beat(4)2.86%

Revenue beat(8)3

Avg Revenue beat(8)-0.86%

Revenue beat(12)6

Avg Revenue beat(12)-0.2%

Revenue beat(16)9

Avg Revenue beat(16)0.62%

PT rev (1m)0%

PT rev (3m)4.55%

EPS NQ rev (1m)3.36%

EPS NQ rev (3m)3.57%

EPS NY rev (1m)1.51%

EPS NY rev (3m)1.77%

Revenue NQ rev (1m)2.66%

Revenue NQ rev (3m)2.66%

Revenue NY rev (1m)2.9%

Revenue NY rev (3m)3.12%

Valuation

		Industry Rank	Sector Rank
PE	13.55
Fwd PE	13.47
P/S	8.66
P/FCF	N/A
P/OCF	N/A
P/B	1.64
P/tB	1.64
EV/EBITDA	N/A

EPS(TTM)4.02

EY7.38%

EPS(NY)4.04

Fwd EY7.42%

FCF(TTM)-0.51

FCFYN/A

OCF(TTM)-0.51

OCFYN/A

SpS6.29

BVpS33.23

TBVpS33.23

PEG (NY)23.4

PEG (5Y)0.98

Graham Number54.82

Profitability

		Industry Rank	Sector Rank
ROA	8.68%
ROE	16.48%
ROCE	6.6%
ROIC	5.21%
ROICexc	5.25%
ROICexgc	5.25%
OM	64.75%
PM (TTM)	87.11%
GM	77.4%
FCFM	N/A

ROA(3y)9.42%

ROA(5y)8.58%

ROE(3y)17.31%

ROE(5y)16.38%

ROIC(3y)5.66%

ROIC(5y)5.13%

ROICexc(3y)5.73%

ROICexc(5y)5.19%

ROICexgc(3y)5.73%

ROICexgc(5y)5.19%

ROCE(3y)7.16%

ROCE(5y)6.49%

ROICexgc growth 3Y3.62%

ROICexgc growth 5Y5.36%

ROICexc growth 3Y3.62%

ROICexc growth 5Y5.36%

OM growth 3Y-0.17%

OM growth 5Y0.89%

PM growth 3Y10.77%

PM growth 5Y45.83%

GM growth 3Y-0.77%

GM growth 5Y-0.08%

F-Score2

Asset Turnover0.1

Health

		Industry Rank	Sector Rank
Debt/Equity	0.82
Debt/FCF	N/A
Debt/EBITDA	N/A
Cap/Depr	N/A
Cap/Sales	N/A
Interest Coverage	3.2
Cash Conversion	N/A
Profit Quality	N/A
Current Ratio	1.24
Quick Ratio	1.24
Altman-Z	1.55

F-Score2

WACCN/A

ROIC/WACCN/A

Cap/Depr(3y)N/A

Cap/Depr(5y)N/A

Cap/Sales(3y)N/A

Cap/Sales(5y)N/A

Profit Quality(3y)N/A

Profit Quality(5y)N/A

High Growth Momentum

Growth

EPS 1Y (TTM)-1.47%

EPS 3Y6.91%

EPS 5Y13.87%

EPS Q2Q%2.94%

EPS Next Y0.58%

EPS Next 2Y2.62%

EPS Next 3YN/A

EPS Next 5YN/A

Revenue 1Y (TTM)4.69%

Revenue growth 3Y14.54%

Revenue growth 5Y20.54%

Sales Q2Q%3.63%

Revenue Next Year4.75%

Revenue Next 2Y4.94%

Revenue Next 3YN/A

Revenue Next 5YN/A

EBIT growth 1Y3.26%

EBIT growth 3Y14.35%

EBIT growth 5Y21.61%

EBIT Next YearN/A

EBIT Next 3YN/A

EBIT Next 5YN/A

FCF growth 1Y47.54%

FCF growth 3YN/A

FCF growth 5YN/A

OCF growth 1Y47.54%

OCF growth 3YN/A

OCF growth 5YN/A

MAIN STREET CAPITAL CORP / MAIN Fundamental Analysis FAQ

Can you provide the ChartMill fundamental rating for MAIN STREET CAPITAL CORP?

ChartMill assigns a fundamental rating of 4 / 10 to MAIN.

What is the valuation status of MAIN STREET CAPITAL CORP (MAIN) stock?

ChartMill assigns a valuation rating of 3 / 10 to MAIN STREET CAPITAL CORP (MAIN). This can be considered as Overvalued.

Can you provide the profitability details for MAIN STREET CAPITAL CORP?

MAIN STREET CAPITAL CORP (MAIN) has a profitability rating of 6 / 10.

Can you provide the expected EPS growth for MAIN stock?

The Earnings per Share (EPS) of MAIN STREET CAPITAL CORP (MAIN) is expected to grow by 0.58% in the next year.

Can you provide the dividend sustainability for MAIN stock?

The dividend rating of MAIN STREET CAPITAL CORP (MAIN) is 6 / 10 and the dividend payout ratio is 68.76%.