Main Street Capital (MAIN) Tax Rate (2021 - 2024)
Main Street Capital's quarterly Tax Rate came in at 3.9% in Q4 2024, down 2345.0% year-on-year from 0.17% in Q1 2024, and down 81.99% quarter-over-quarter from 21.63% in Q3 2024.
Main Street Capital has reported Tax Rate for 4 years, with the latest figure at 3.9% in Q4 2024.
- For the quarter ending Q4 2024, Tax Rate fell 2345.0% year-over-year to 3.9%; the trailing twelve-month figure through Mar 2025 stood at 6.82% (down 176.0% YoY), and the FY2024 full-year result was 3.62%, down 596.0% from the prior year.
- Tax Rate for Q4 2024 stood at 3.9%, down from 21.63% in the prior quarter.
- The five-year high for Tax Rate was 3841.21% in Q4 2022, with the low at 2.25% in Q3 2023.
- Average Tax Rate over 4 years is 306.38%, with a median of 3.9% recorded in 2024.
- Year-over-year, Tax Rate surged 381238 bps in 2022 and tumbled 381386 bps in 2023.
- Tracing MAIN's Tax Rate over 4 years: stood at 28.83% in 2021, then soared by 13225 bps to 3841.21% in 2022, then plunged by 99 bps to 27.35% in 2023, then sank by 86 bps to 3.9% in 2024.
- The last three Tax Rate figures came in at 3.9% (Q4 2024), 21.63% (Q3 2024), and 2.75% (Q2 2024), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 158.51 Bn | 148.89 Bn | - | 18.16 |
| 2 | Blackstone | 92.68 Bn | 91.63 Bn | - | 13.55 |
| 3 | Kkr | 84.94 Bn | 132.45 Bn | - | 40.05 |
| 4 | Brookfield Asset Management | 77.34 Bn | 77.68 Bn | - | 15.80 |
| 5 | Apollo Global Management | 76.27 Bn | 95.00 Bn | 5.04 Bn | 598.59 |
| 6 | State Street | 44.42 Bn | 18.75 Bn | - | 21.16 |
| 7 | Ameriprise Financial | 41.68 Bn | 41.55 Bn | 4.57 Bn | 20.02 |
| 8 | Northern Trust | 31.21 Bn | 31.21 Bn | - | 24.99 |
| 9 | Ares Management | 28.85 Bn | 32.22 Bn | - | 19.13 |
| 10 | Main Street Capital | 4.69 Bn | 4.69 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | 3.90 |
| Dec 31, 2024 | 3.90 |
| Sep 30, 2024 | 21.63 |
| Sep 30, 2024 | 21.63 |
| Jun 30, 2024 | 2.75 |
| Jun 30, 2024 | 2.75 |
| Dec 31, 2023 | 27.35 |
| Dec 31, 2023 | 27.35 |
| Sep 30, 2023 | 2.25 |
| Sep 30, 2023 | 2.25 |
| Jun 30, 2023 | 2.83 |
| Jun 30, 2023 | 2.83 |
| Mar 31, 2023 | 14.50 |
| Mar 31, 2023 | 14.50 |
| Dec 31, 2022 | 3,841.21 |
| Dec 31, 2022 | 3,841.21 |
| Sep 30, 2022 | 3.74 |
| Sep 30, 2022 | 3.74 |
| Jun 30, 2022 | 27.57 |
| Jun 30, 2022 | 27.57 |
| Mar 31, 2022 | 3.68 |
| Mar 31, 2022 | 3.68 |
| Dec 31, 2021 | 28.83 |
| Dec 31, 2021 | 28.83 |
| Sep 30, 2021 | 2.75 |
| Sep 30, 2021 | 2.75 |