Main Street Capital (MAIN) Net Margin (2021 - 2026)
Main Street Capital (MAIN) posted Net Margin of 477.40% for Q1 2026, down 869.89 percentage points from 1347.28% a year earlier and down 805.87 percentage points from the prior quarter.
Main Street Capital (MAIN) Net Margin (2021 - 2026) Analysis & Trends
For the trailing twelve months through Mar 31, 2026, Net Margin at Main Street Capital was 1072.39%, down 320.19 percentage points year-over-year; for FY2025, it was 1294.74%, down 33.65 percentage points from FY2024.
- Annual Net Margin shows a five-year change of +1019.23 percentage points (FY2020 to FY2025).
- In prior years, Main Street Capital's Net Margin was 1328.38% in FY2024 (+153.72 pp), 1174.66% in FY2023 (+204.24 pp), 970.42% in FY2022 (-838.31 pp) and 1808.73% in FY2021 (+1533.22 pp).
- The Q1 2026 figure stands as the lowest quarterly Net Margin since Q2 2022.
- On a year-over-year basis, Net Margin has declined in each of the last three quarters, with an average year-over-year change of -71.63 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Net Margin in the past five years was Q2 2023, with a gain of 877.84 percentage points; the weakest was Q1 2026, with a drop of 869.89 percentage points.
- According to Business Quant data, Net Margin for the three prior quarters was 1283.26% (Q4 2025), 1278.25% (Q3 2025) and 1276.40% (Q2 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.26 Bn | 28.94 Bn | - | 8.26% |
| 2 | Orix | 42.40 Bn | 42.90 Bn | - | 32.04% |
| 3 | Royalty Pharma | 33.56 Bn | 33.47 Bn | - | 2.65% |
| 4 | Federal National Mortgage Association Fannie Mae | 24.47 Bn | 24.47 Bn | - | 2.02% |
| 5 | Affirm Holdings | 23.34 Bn | 17.03 Bn | - | 138.65% |
| 6 | Synchrony Financial | 23.06 Bn | -44.91 Bn | - | 18.21% |
| 7 | Royal Gold | 19.98 Bn | 19.21 Bn | 390.45 Mn | 52.47% |
| 8 | Annaly Capital Management | 14.18 Bn | 5.27 Bn | - | - |
| 9 | Ares Capital | 13.71 Bn | 11.15 Bn | - | - |
| 10 | Main Street Capital | 5.14 Bn | 4.99 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 477.40% |
| Dec 31, 2025 | 1,283.26% |
| Sep 30, 2025 | 1,278.25% |
| Jun 30, 2025 | 1,276.40% |
| Mar 31, 2025 | 1,347.28% |
| Dec 31, 2024 | 1,800.30% |
| Sep 30, 2024 | 1,430.30% |
| Jun 30, 2024 | 1,010.51% |
| Mar 31, 2024 | 1,100.30% |
| Dec 31, 2023 | 1,425.45% |
| Sep 30, 2023 | 1,224.34% |
| Jun 30, 2023 | 1,138.23% |
| Mar 31, 2023 | 891.79% |
| Dec 31, 2022 | 1,319.59% |
| Sep 30, 2022 | 1,011.29% |
| Jun 30, 2022 | 260.40% |
| Mar 31, 2022 | 1,137.53% |
| Dec 31, 2021 | 1,696.62% |
| Sep 30, 2021 | 1,820.78% |
Main Street Capital Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=MAIN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "MAIN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=MAIN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();