Main Street Capital (MAIN) Operating Margin (2021 - 2026)
Main Street Capital (MAIN) posted quarterly Operating Margin of 62.7% for Q1 2026, up 2.0% year-over-year from 61.47% in Q1 2025, and down 0.92% quarter-over-quarter from 63.28% in Q4 2025.
Main Street Capital (MAIN) Operating Margin (2021 - 2026) Analysis & Trends
Main Street Capital's Operating Margin history runs 6 years deep, the most recent figure standing at 62.7% for Q1 2026.
- In Q1 2026, Operating Margin rose 2.0% year-over-year to 62.7%; the TTM figure through Mar 2026 stood at 62.8% (down 145.0% YoY), while the FY2025 annual figure was 62.27%, down 335.0% from the prior year.
- Operating Margin for Q1 2026 stood at 62.7%, down from 63.28% in the prior quarter.
- The five-year high for Operating Margin was 69.71% in Q4 2023, with the low at 55.76% in Q4 2022.
- The 5-year median for Operating Margin is 64.23% (2022), against an average of 64.51%.
- The sharpest annual moves came in 2022 and 2023: Operating Margin tumbled 656 bps in 2022, then soared 1395 bps in 2023.
- Main Street Capital's Operating Margin stood at 55.76% in 2022, then gained by 25 bps to 69.71% in 2023, then fell by 8 bps to 64.34% in 2024, then fell by 2 bps to 63.28% in 2025, then declined by 1 bps to 62.7% in 2026.
- Business Quant data shows MAIN's Operating Margin at 62.7% in Q1 2026, 63.28% in Q4 2025, and 64.02% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 179.54 Bn | 165.67 Bn | - | 34.74% |
| 2 | Blackstone | 114.83 Bn | 112.32 Bn | - | - |
| 3 | Kkr | 97.26 Bn | -179.81 Bn | - | 35.61% |
| 4 | Brookfield | 93.07 Bn | 45.66 Bn | - | - |
| 5 | Brookfield Asset Management | 83.46 Bn | 81.96 Bn | - | - |
| 6 | Apollo Global Management | 78.41 Bn | 53.04 Bn | 10.54 Bn | 47.97% |
| 7 | State Street | 51.66 Bn | 51.66 Bn | - | - |
| 8 | Ameriprise Financial | 51.12 Bn | 40.07 Bn | 4.72 Bn | 24.36% |
| 9 | Raymond James Financial | 33.99 Bn | 20.74 Bn | - | - |
| 10 | Main Street Capital | 5.44 Bn | 5.38 Bn | - | 62.71% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 62.71% |
| Mar 31, 2026 | 62.70% |
| Dec 31, 2025 | 63.28% |
| Sep 30, 2025 | 64.02% |
| Jun 30, 2025 | 61.25% |
| Mar 31, 2025 | 62.68% |
| Dec 31, 2024 | 64.34% |
| Sep 30, 2024 | 64.02% |
| Jun 30, 2024 | 66.06% |
| Mar 31, 2024 | 68.24% |
| Dec 31, 2023 | 69.71% |
| Sep 30, 2023 | 66.68% |
| Jun 30, 2023 | 67.19% |
| Mar 31, 2023 | 67.33% |
| Dec 31, 2022 | 55.76% |
| Sep 30, 2022 | 63.47% |
| Jun 30, 2022 | 64.23% |
| Mar 31, 2022 | 65.76% |
| Dec 31, 2021 | 62.32% |
| Sep 30, 2021 | 64.22% |