Main Street Capital (MAIN) Tax Rate (2021 - 2024)
Main Street Capital (MAIN) recorded quarterly Tax Rate of 3.9% in Q4 2024, down 81.99% quarter-over-quarter from 21.63% in Q3 2024, and down 2345.0% on a YoY basis from 0.17% in Q1 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 3.9% for Q4 2024.
- In Q4 2024, Tax Rate fell 2345.0% year-over-year to 3.9%; the TTM figure through Mar 2025 stood at 6.82% (down 176.0% YoY), while the FY2024 annual figure was 3.62%, down 596.0% from the prior year.
- Tax Rate was 3.9% for Q4 2024 at Main Street Capital, down from 21.63% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 3841.21% in Q4 2022 to a low of 2.25% in Q3 2023.
- Historically, Tax Rate has averaged 306.38% across 4 years, with a median of 3.9% in 2024.
- The sharpest annual moves came in 2022 and 2023: Tax Rate soared 381238 bps in 2022, then tumbled 381386 bps in 2023.
- A 4-year view of Tax Rate shows it stood at 28.83% in 2021, then surged by 13225 bps to 3841.21% in 2022, then sank by 99 bps to 27.35% in 2023, then slumped 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 163.18 Bn | 153.56 Bn | - | 18.16 |
| 2 | Blackstone | 96.85 Bn | 95.80 Bn | - | 13.55 |
| 3 | Kkr | 86.45 Bn | 133.96 Bn | - | 40.05 |
| 4 | Apollo Global Management | 82.30 Bn | 101.04 Bn | 5.04 Bn | 598.59 |
| 5 | State Street | 46.95 Bn | 21.27 Bn | - | 21.16 |
| 6 | Ameriprise Financial | 43.65 Bn | 43.52 Bn | 4.57 Bn | 20.02 |
| 7 | Northern Trust | 31.92 Bn | 31.92 Bn | - | 24.99 |
| 8 | Raymond James Financial | 30.62 Bn | 19.37 Bn | - | - |
| 9 | Ares Management | 29.04 Bn | 32.41 Bn | - | 19.13 |
| 10 | Main Street Capital | 4.62 Bn | 4.62 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% |