Main Street Capital (MAIN) Tax Rate (2021 - 2024)
Main Street Capital (MAIN) posted quarterly Tax Rate of 48.01% for Q4 2024, up 2066.0% year-over-year from 2.22% in Q1 2024, and up 957.65% quarter-over-quarter from 4.54% in Q3 2024.
Main Street Capital (MAIN) Tax Rate (2021 - 2024) Analysis & Trends
Main Street Capital's Tax Rate history runs 4 years deep, the most recent figure standing at 48.01% for Q4 2024.
- In Q4 2024, Tax Rate rose 2066.0% year-over-year to 48.01%; the TTM figure through Mar 2025 stood at 17.57% (up 612.0% YoY), while the FY2024 annual figure was 13.22%, up 365.0% from the prior year.
- Tax Rate for Q4 2024 stood at 48.01%, up from 4.54% in the prior quarter.
- The five-year high for Tax Rate was 300.98% in Q4 2022, with the low at 2.16% in Q2 2022.
- The 4-year median for Tax Rate is 14.66% (2023), against an average of 44.14%.
- The sharpest annual moves came in 2022 and 2023: Tax Rate surged 21420 bps in 2022, then sank 27363 bps in 2023.
- Main Street Capital's Tax Rate stood at 86.78% in 2021, then soared by 247 bps to 300.98% in 2022, then tumbled by 91 bps to 27.35% in 2023, then soared by 76 bps to 48.01% in 2024.
- Business Quant data shows MAIN's Tax Rate at 48.01% in Q4 2024, 4.54% in Q3 2024, and 19.04% in Q2 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 179.15 Bn | 165.28 Bn | - | 24.90% |
| 2 | Blackstone | 114.70 Bn | 112.19 Bn | - | 16.11% |
| 3 | Kkr | 97.17 Bn | -179.90 Bn | - | 17.91% |
| 4 | Brookfield | 93.34 Bn | 45.93 Bn | - | - |
| 5 | Brookfield Asset Management | 83.67 Bn | 82.16 Bn | - | 12.14% |
| 6 | Apollo Global Management | 78.56 Bn | 53.18 Bn | 10.54 Bn | 15.94% |
| 7 | State Street | 51.37 Bn | 51.37 Bn | - | 21.96% |
| 8 | Ameriprise Financial | 51.08 Bn | 40.04 Bn | 4.72 Bn | 22.82% |
| 9 | Raymond James Financial | 33.93 Bn | 20.67 Bn | - | 20.67% |
| 10 | Main Street Capital | 5.45 Bn | 5.40 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | 48.01% |
| Dec 31, 2024 | 48.01% |
| Dec 31, 2024 | 48.01% |
| Sep 30, 2024 | 4.54% |
| Sep 30, 2024 | 4.54% |
| Sep 30, 2024 | 4.54% |
| Jun 30, 2024 | 19.04% |
| Jun 30, 2024 | 19.04% |
| Jun 30, 2024 | 19.04% |
| Dec 31, 2023 | 27.35% |
| Dec 31, 2023 | 27.35% |
| Dec 31, 2023 | 27.35% |
| Sep 30, 2023 | 2.25% |
| Sep 30, 2023 | 2.25% |
| Sep 30, 2023 | 2.25% |
| Jun 30, 2023 | 14.66% |
| Jun 30, 2023 | 14.66% |
| Jun 30, 2023 | 14.66% |
| Mar 31, 2023 | 14.50% |
| Mar 31, 2023 | 14.50% |