Main Street Capital (MAIN) Net Margin (2021 - 2026)

Main Street Capital's (MAIN) quarterly Net Margin came in at 32.59% in Q1 2026, down 607.0% year-on-year from 6.43% in Q1 2025, and down 21.3% quarter-over-quarter from 41.4% in Q4 2025.

Main Street Capital (MAIN) Net Margin (2021 - 2026) Analysis & Trends

Main Street Capital's Net Margin history runs 6 years deep, the most recent figure standing at 32.59% for Q1 2026.

  • On a quarterly basis, Net Margin fell 607.0% year-over-year to 32.59% in Q1 2026; TTM through Mar 2026 was 38.39%, a 480.0% increase from a year earlier, with the FY2025 full-year figure at 39.68%, up 252.0% from the prior year.
  • Net Margin fell to 32.59% in Q1 2026 per MAIN's latest filing, from 41.4% in the prior quarter.
  • Across five years, Net Margin topped out at 47.89% in Q1 2024 and bottomed at 29.79% in Q4 2022.
  • The 5-year median for Net Margin is 39.45% (2023), against an average of 34.79%.
  • Across the five-year window, Net Margin sank 4534 bps in 2022 and surged 6975 bps in 2023, its largest moves.
  • Year by year, Net Margin stood at 29.79% in 2022, then surged by 234 bps to 39.96% in 2023, then sank by 43 bps to 22.71% in 2024, then surged by 82 bps to 41.4% in 2025, then fell by 21 bps to 32.59% in 2026.
  • Per Business Quant, the three latest MAIN Net Margin figures stand at 32.59% (Q1 2026), 41.4% (Q4 2025), and 40.79% (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Brookfield 1,236.60 Bn 1,311.20 Bn 18.56 Bn 0.55%
2 BlackRock 161.01 Bn 148.08 Bn - 32.99%
3 Blackstone 97.77 Bn 96.72 Bn - 34.77%
4 Apollo Global Management 70.80 Bn 90.38 Bn -409.00 Mn -889.40%
5 State Street 51.30 Bn 51.30 Bn - 18.57%
6 Ameriprise Financial 48.54 Bn 39.27 Bn 4.57 Bn 18.73%
7 Northern Trust 32.93 Bn 32.93 Bn - 37.97%
8 Raymond James Financial 32.59 Bn 17.67 Bn - 14.05%
9 Price T Rowe 24.70 Bn 21.13 Bn - 26.07%
10 Main Street Capital 4.81 Bn 4.81 Bn - 32.59%

Historic Data

Download Data
DateValue
Mar 31, 2026 32.59%
Dec 31, 2025 41.40%
Sep 30, 2025 40.79%
Jun 30, 2025 38.66%
Mar 31, 2025 38.65%
Dec 31, 2024 22.71%
Sep 30, 2024 37.76%
Jun 30, 2024 35.62%
Mar 31, 2024 47.89%
Dec 31, 2023 39.96%
Sep 30, 2023 44.23%
Jun 30, 2023 39.45%
Mar 31, 2023 39.80%
Dec 31, 2022 -29.79%
Sep 30, 2022 40.32%
Jun 30, 2022 42.98%
Mar 31, 2022 38.32%
Dec 31, 2021 15.54%
Sep 30, 2021 29.06%