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| Date | Value |
|---|---|
| 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% |