Msc Income Fund (MSIF) Operating Margin (2022 - 2026)
Msc Income Fund's (MSIF) quarterly Operating Margin came in at 37.46% in Q2 2026, down 1109.0% on a YoY basis from 3.71% in Q2 2025, and down 25.93% quarter-over-quarter from 50.58% in Q1 2026.
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Msc Income Fund (MSIF) Operating Margin (2022 - 2026) Analysis & Trends
Msc Income Fund (MSIF) has reported Operating Margin for 5 consecutive years, with 37.46% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Margin fell 1109.0% year-over-year to 37.46%; the trailing twelve-month figure through Jun 2026 stood at 44.29% (down 173.0% YoY), and the FY2025 full-year result was 47.09%, up 457.0% from the prior year.
- Operating Margin eased to 37.46% in Q2 2026 per MSIF's latest filing, from 50.58% in the prior quarter.
- Across five years, Operating Margin topped out at 54.24% in Q1 2022 and bottomed at 37.46% in Q2 2026.
- Historically, Operating Margin has averaged 45.95% across 5 years, with a median of 44.55% in 2023.
- The sharpest annual moves came in 2025 and 2026: Operating Margin surged 768 bps in 2025, then sank 1109 bps in 2026.
- Over 5 years, Operating Margin stood at 47.04% in 2022, then fell by 8 bps to 43.27% in 2023, then slipped by 2 bps to 42.53% in 2024, then slipped by 3 bps to 41.24% in 2025, then decreased by 9 bps to 37.46% in 2026.
- According to Business Quant data, Operating Margin over the past three periods registered 37.46%, 50.58%, and 41.24% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Ares Capital | 14.39 Bn | 14.01 Bn | - | 47.79% |
| 2 | Blackstone Secured Lending Fund | 5.76 Bn | 5.49 Bn | - | 55.61% |
| 3 | Blue Owl Capital | 5.62 Bn | 5.38 Bn | - | 44.07% |
| 4 | Main Street Capital | 5.39 Bn | 5.33 Bn | - | 62.71% |
| 5 | Blue Owl Technology Finance | 5.20 Bn | 4.99 Bn | - | 41.14% |
| 6 | Hercules Capital | 4.68 Bn | 4.64 Bn | - | 62.31% |
| 7 | FS KKR Capital | 3.48 Bn | 3.37 Bn | - | - |
| 8 | Golub Capital Bdc | 3.38 Bn | 3.34 Bn | - | 45.39% |
| 9 | PennantPark Floating Rate Capital | 2.47 Bn | -134.94 Mn | - | 8.79% |
| 10 | Msc Income Fund | 574.07 Mn | 546.02 Mn | - | 37.46% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 37.46% |
| Mar 31, 2026 | 50.58% |
| Dec 31, 2025 | 41.24% |
| Sep 30, 2025 | 48.15% |
| Jun 30, 2025 | 48.55% |
| Mar 31, 2025 | 50.53% |
| Dec 31, 2024 | 42.53% |
| Sep 30, 2024 | 42.36% |
| Jun 30, 2024 | 42.32% |
| Mar 31, 2024 | 42.85% |
| Dec 31, 2023 | 43.27% |
| Sep 30, 2023 | 43.65% |
| Jun 30, 2023 | 43.33% |
| Mar 31, 2023 | 45.44% |
| Dec 31, 2022 | 47.04% |
| Sep 30, 2022 | 50.60% |
| Jun 30, 2022 | 52.98% |
| Mar 31, 2022 | 54.24% |