Earnings summaries and quarterly performance for Main Street Capital.
Executive leadership at Main Street Capital.
Dwayne L. Hyzak
Detailed
Chief Executive Officer
CEO
DM
David Magdol
Detailed
President and Chief Investment Officer
JB
Jason Beauvais
Detailed
Executive Vice President, General Counsel and Secretary
JM
Jesse Morris
Detailed
Executive Vice President and Chief Operating Officer
RN
Ryan Nelson
Detailed
Chief Financial Officer and Treasurer
Board of directors at Main Street Capital.
Research analysts who have asked questions during Main Street Capital earnings calls.
RD
Robert Dodd
Raymond James
4 questions for MAIN
Also covers: , ARCC, BBDC +24 more
MH
Mark Hughes
Truist Securities
3 questions for MAIN
Also covers: AIZ, AJG, AMBC +42 more
Arren Cyganovich
Truist
1 question for MAIN
Also covers: AER, ARCC, BPOP +12 more
BR
Bryce Rowe
B. Riley Securities
1 question for MAIN
Also covers: CGBD, CSWC, FDUS +10 more
CJ
Cory Johnson
UBS
1 question for MAIN
Also covers: HRZN, KBDC, LDI +3 more
KL
Kenneth Lee
RBC Capital Markets
1 question for MAIN
Also covers: AAMI, AMP, APAM +20 more
SA
Sean-Paul Adams
Not Provided in Transcript
1 question for MAIN
Also covers: , ARCC, BXSL +18 more
Recent press releases and 8-K filings for MAIN.
Main Street Capital Reports Q4 2025 Financial Results
MAIN
Earnings
Debt Issuance
New Projects/Investments
- Main Street Capital's Asset Management Business (AMB) significantly contributed to net investment income, with $9.3 million in Q4 2025 and $34.6 million for the full year 2025.
- As of December 31, 2025, the company reported Total Assets of $5,681,701 thousand and a Net Asset Value (NAV) of $2,993,893 thousand. The investment portfolio is diversified, with 55% in LMM and 36% in Private Loan investments, and has a weighted-average effective yield of 11.4%.
- The company maintains a conservative capital structure with a Debt to NAV Ratio of 0.82 to 1.0. 79% of its outstanding debt obligations have fixed interest rates, while 62% of its debt investments bear floating rates, positioning the company to benefit from rising interest rates.
4 hours ago
Main Street Capital Reports Strong Q4 2025 Results with Record NAV and Increased Dividends
MAIN
Earnings
Dividends
Guidance Update
- Main Street Capital reported strong Q4 2025 results, with a record NAV per share of $33.33 and a return on equity of 17.7% for the quarter.
- Distributable Net Investment Income (DNII) per share was $1.11 for Q4 2025, and the company expects at least $1.04 per share for Q1 2026.
- The company declared a supplemental dividend of $0.30 per share payable in March and increased its regular monthly dividends for Q2 2026 to $0.26 per share, representing a 4% increase from Q2 2025.
- Investment activity was robust, with a net increase of $253 million in lower middle market investments and $109 million in private loan investments during Q4 2025, contributing to $50.8 million in net realized gains for the quarter.
- Main Street Capital maintains a strong liquidity position of over $1.2 billion and conservative leverage, with regulatory debt-to-equity at 0.71x.
8 hours ago
Main Street Capital Reports Strong Q4 and Full Year 2025 Results, Declares Supplemental Dividend
MAIN
Earnings
Dividends
New Projects/Investments
- Main Street Capital achieved a record NAV per share of $33.33 at year-end 2025, marking a 5.3% increase year-over-year.
- The company reported a strong return on equity of 17.7% for Q4 2025 and 17.1% for the full year.
- Total investment income for Q4 2025 reached $145.5 million, reflecting a 3.6% increase from Q4 2024.
- Main Street Capital declared a supplemental dividend of $0.30 per share payable in March and set regular monthly dividends for Q2 2026 at $0.26 per share.
- The company recorded an annual record for gross lower middle-market investments in 2025, with over $700 million deployed in this strategy.
8 hours ago
Main Street Capital Reports Strong Q4 2025 Results with Record NAV Per Share and Increased Dividends
MAIN
Earnings
Dividends
Guidance Update
- Main Street Capital reported strong Q4 2025 results, with a record NAV per share of $33.33 and a return on equity of 17.7% for the quarter, contributing to a full-year ROE of 17.1%.
- The company achieved Distributable Net Investment Income (DNII) before taxes of $1.11 per share for Q4 2025 and provided Q1 2026 guidance of at least $1.04 per share.
- Investment activity was robust, with a net increase of $253 million in lower middle market investments and $109 million in private loan investments during Q4 2025.
- Main Street Capital declared a supplemental dividend of $0.30 per share for March and increased regular monthly dividends for Q2 2026 to $0.26 per share, a 4% increase from Q2 2025.
- The company maintains a strong liquidity position of over $1.2 billion and a conservative regulatory debt-to-equity leverage of 0.71 times.
9 hours ago
Main Street Capital Announces Strong Q4 and Full Year 2025 Results
MAIN
Earnings
Dividends
New Projects/Investments
- Main Street Capital Corporation reported Net Investment Income of $1.03 per share and Distributable Net Investment Income of $1.09 per share for the fourth quarter of 2025, with full-year 2025 NII at $3.95 per share and DNII at $4.21 per share.
- The company's Net Asset Value increased to $33.33 per share as of December 31, 2025, representing a 5.3% increase from December 31, 2024.
- Main Street declared regular monthly dividends totaling $0.78 per share for the first quarter of 2026, a 4.0% increase from Q1 2025, and paid a $0.30 per share supplemental dividend in Q4 2025, bringing total 2025 dividends to $4.23 per share.
- During Q4 2025, the company completed $300.0 million in lower middle market portfolio investments and $231.4 million in private loan portfolio investments, while also realizing gains of $33.9 million from the exit of Purge Rite LLC and $23.8 million from Mystic Logistics Holdings, LLC.
- As of December 31, 2025, Main Street maintained aggregate liquidity of $1.265 billion and held investment grade credit ratings of BBB- with a stable outlook from Fitch Ratings and S&P Global Ratings.
1 day ago
Main Street Capital Announces Strong Fourth Quarter and Full Year 2025 Results
MAIN
Earnings
Dividends
New Projects/Investments
- Main Street Capital reported Net Investment Income of $1.03 per share and Distributable Net Investment Income of $1.09 per share for the fourth quarter of 2025. For the full year 2025, NII was $3.95 per share and DNII was $4.21 per share.
- The company's Net Asset Value reached a record $33.33 per share as of December 31, 2025, representing a 5.3% increase from December 31, 2024. The return on equity for the full year 2025 was 17.1%.
- Main Street declared regular monthly dividends totaling $0.78 per share for the first quarter of 2026, a 4.0% increase from Q1 2025, and paid supplemental dividends totaling $1.20 per share for the full year 2025, resulting in a record $4.23 per share in total annual dividends paid.
- For the full year 2025, the company completed $701.6 million in lower middle market (LMM) portfolio investments and $671.5 million in private loan portfolio investments.
1 day ago
Main Street Capital Corporation Declares Q2 2026 Dividends and March 2026 Supplemental Dividend
MAIN
Dividends
- Main Street Capital Corporation declared regular monthly cash dividends of $0.26 per share for April, May, and June 2026, totaling $0.78 per share for the second quarter of 2026.
- These regular monthly dividends represent a 4.0% increase from the regular monthly dividends paid in the second quarter of 2025.
- A supplemental cash dividend of $0.30 per share will also be paid in March 2026.
- Including these declarations, total dividends to shareholders amount to $1.08 per share, representing an annualized current yield of 7.6% based on the closing price of $56.78 per share on February 23, 2026.
3 days ago
Main Street Capital Declares Q2 2026 Regular Monthly Dividends and March 2026 Supplemental Dividend
MAIN
Dividends
- Main Street Capital Corporation declared regular monthly cash dividends of $0.26 per share for each of April, May, and June 2026, totaling $0.78 per share for the second quarter of 2026.
- These regular monthly dividends represent a 4.0% increase from the regular monthly dividends paid in the second quarter of 2025.
- A supplemental cash dividend of $0.30 per share payable in March 2026 was also declared.
- Including all declared dividends, the total amounts to $1.08 per share, representing an annualized current yield of 7.6% based on the closing price of $56.78 per share on February 23, 2026.
4 days ago
Main Street Capital Announces Follow-On Investment in DMS Holdco LLC
MAIN
New Projects/Investments
M&A
- On February 11, 2026, Main Street Capital Corporation (MAIN) completed a $25.6 million follow-on investment in its portfolio company, DMS Holdco LLC.
- The investment consisted of $20.8 million in first lien, senior secured term debt and $4.8 million in direct equity.
- This capital will support DMS's strategic acquisition of Johnson & Quin, Inc. (J&Q), a direct marketing services business, and other growth initiatives.
Feb 11, 2026, 12:00 PM
Main Street Capital announces new portfolio investment
MAIN
New Projects/Investments
Debt Issuance
M&A
- Main Street Capital Corporation recently completed a $15.3 million portfolio investment to facilitate the leveraged buyout of a healthcare data services provider.
- The investment included a combination of first lien, senior secured term debt and a direct minority equity investment.
- Main Street partnered with Iron Creek Partners, LLC, a firm with whom they have collaborated on several prior investments, and the target company's existing owner.
Feb 5, 2026, 12:00 PM
Quarterly earnings call transcripts for Main Street Capital.
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