Main Street Capital (MAIN) Tax Rate (2021 - 2024)
Main Street Capital (MAIN) posted Tax Rate of 5.48% for Q4 2024, down 125.32% on a QoQ basis from 21.63% in Q3 2024, and up 1341.0% year-over-year from 0.38% in Q1 2024.
Powered by 
Analysis
Main Street Capital (MAIN) Tax Rate (2021 - 2024) Analysis & Trends
Main Street Capital has reported Tax Rate for 4 years, with the latest figure at 5.48% in Q4 2024.
- On a quarterly basis, Tax Rate rose 1341.0% year-over-year to 5.48% in Q4 2024; TTM through Mar 2025 was 8.67%, a 9219.0% decrease from a year earlier, with the FY2024 full-year figure at 13.22%, down 14663.0% from the prior year.
- Tax Rate was 5.48% for Q4 2024 at Main Street Capital, down from 21.63% in the prior quarter.
- The five-year high for Tax Rate was 652.36% in Q3 2021, with the low at 18.88% in Q4 2023.
- Average Tax Rate over 4 years is 196.53%, with a median of 174.85% recorded in 2022.
- The sharpest annual moves came in 2022 and 2023: Tax Rate slumped 55473 bps in 2022, then soared 13775 bps in 2023.
- Over 4 years, Tax Rate stood at 343.18% in 2021, then tumbled by 64 bps to 124.27% in 2022, then tumbled by 115 bps to 18.88% in 2023, then soared by 71 bps to 5.48% in 2024.
- The last three Tax Rate figures came in at 5.48% (Q4 2024), 21.63% (Q3 2024), and 19.04% (Q2 2024), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Ares Capital | 14.12 Bn | 13.74 Bn | - | 5.23% |
| 2 | Blackstone Secured Lending Fund | 5.63 Bn | 5.37 Bn | - | 5.73% |
| 3 | Blue Owl Capital | 5.49 Bn | 5.25 Bn | - | 1.32% |
| 4 | Main Street Capital | 5.20 Bn | 5.15 Bn | - | - |
| 5 | Blue Owl Technology Finance | 4.94 Bn | 4.73 Bn | - | 1.39% |
| 6 | Hercules Capital | 4.66 Bn | 4.61 Bn | - | 4.52% |
| 7 | FS KKR Capital | 3.33 Bn | 3.22 Bn | - | - |
| 8 | Golub Capital Bdc | 3.31 Bn | 3.26 Bn | - | - |
| 9 | PennantPark Floating Rate Capital | 2.49 Bn | -118.08 Mn | - | -0.26% |
| 10 | MidCap Financial Investment | 2.07 Bn | 2.03 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2024 | -5.48% |
| Sep 30, 2024 | 21.63% |
| Jun 30, 2024 | 19.04% |
| Dec 31, 2023 | -18.88% |
| Sep 30, 2023 | 235.38% |
| Jun 30, 2023 | 235.61% |
| Mar 31, 2023 | 206.62% |
| Dec 31, 2022 | 124.27% |
| Sep 30, 2022 | 97.63% |
| Jun 30, 2022 | 468.66% |
| Mar 31, 2022 | 174.85% |
| Dec 31, 2021 | 343.18% |
| Sep 30, 2021 | 652.36% |