Main Street Capital (MAIN) Tax Rate (2021 - 2024)

Main Street Capital's (MAIN) quarterly Tax Rate came in at 43.4% in Q4 2024, up 1759.0% year-on-year from 2.33% in Q1 2024, and up 855.95% 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 43.4% for Q4 2024.

  • On a quarterly basis, Tax Rate rose 1759.0% year-over-year to 43.4% in Q4 2024; TTM through Mar 2025 was 17.14%, a 587.0% increase from a year earlier, with the FY2024 full-year figure at 13.22%, up 365.0% from the prior year.
  • Tax Rate improved to 43.4% in Q4 2024 per MAIN's latest filing, from 4.54% in the prior quarter.
  • Across five years, Tax Rate topped out at 300.98% in Q4 2022 and bottomed at 2.16% in Q2 2022.
  • The 4-year median for Tax Rate is 14.66% (2023), against an average of 42.42%.
  • Across the five-year window, Tax Rate jumped 23041 bps in 2022 and plunged 27517 bps in 2023, its largest moves.
  • Year by year, Tax Rate stood at 70.57% in 2021, then surged by 327 bps to 300.98% in 2022, then sank by 91 bps to 25.81% in 2023, then jumped by 68 bps to 43.4% in 2024.
  • Per Business Quant, the three latest MAIN Tax Rate figures stand at 43.4% (Q4 2024), 4.54% (Q3 2024), and 19.04% (Q2 2024).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Brookfield 1,236.60 Bn 1,311.20 Bn 18.56 Bn -1.22%
2 BlackRock 161.01 Bn 148.08 Bn - 18.16%
3 Blackstone 97.77 Bn 96.72 Bn - 13.55%
4 Apollo Global Management 70.80 Bn 90.38 Bn -409.00 Mn 598.59%
5 State Street 51.30 Bn 51.30 Bn - 21.16%
6 Ameriprise Financial 48.54 Bn 39.27 Bn 4.57 Bn 20.02%
7 Northern Trust 32.93 Bn 32.93 Bn - 24.99%
8 Raymond James Financial 32.59 Bn 17.67 Bn - 25.99%
9 Price T Rowe 24.70 Bn 21.13 Bn - 23.43%
10 Main Street Capital 4.81 Bn 4.81 Bn - -

Historic Data

Download Data
DateValue
Dec 31, 2024 43.40%
Dec 31, 2024 43.40%
Dec 31, 2024 43.40%
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 25.81%
Dec 31, 2023 25.81%
Dec 31, 2023 25.81%
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%