Company logo

MAIN - Main Street Capital Corporation

NYSE -> Financial Services -> Asset Management
Houston, United States
Type: Equity

MAIN price evolution
MAIN
(in millions $) 31 Dec 2023 30 Sep 2023 30 Jun 2023 31 Mar 2023
Current assets
Cash $60.08 $77.05 $70.89 $39.75
Short term investments
Net receivables $89.34 $89.24 $131.71 $85.1
Inventory
Total current assets $149.42 $166.2 $202.59 $124.85
Long term investments
Property, plant & equipment
Goodwill & intangible assets
Total noncurrent assets
Total investments $4286.27 $4294.72 $4210.54 $4160.92
Total assets $4443.57 $4467.76 $4420.24 $4293.26
Current liabilities
Accounts payable $62.58 $57.09 $48.5 $39.76
Deferred revenue
Short long term debt
Total current liabilities $99.97 $95.5 $82.59 $76.47
Long term debt $1802.34 $1934.9 $2021.5 $1989.64
Total noncurrent liabilities
Total debt $1802.34 $1934.92 $2021.5 $1841.06
Total liabilities $1966.17 $2096.95 $2165.29 $2120.33
Shareholders' equity
Retained earnings $206 $144.36 $122.09 $88.95
Other shareholder equity
Total shareholder equity $2477.4 $2370.81 $2254.95 $2172.92
(in millions $) 31 Dec 2023 31 Jan 2023 31 Dec 2021 31 Dec 2020
Current assets
Cash $60.08 $49.12 $32.63 $31.92
Short term investments
Net receivables $89.34 $74.41 $35.13 $49.76
Inventory
Total current assets $149.42 $123.53 $120.44 $81.68
Long term investments
Property, plant & equipment $8.7 $3.8 $4.3
Goodwill & intangible assets
Total noncurrent assets
Total investments $4286.27 $4102.18 $3561.83 $2684.87
Total assets $4443.57 $4241.89 $3690.29 $2769.36
Current liabilities
Accounts payable $62.58 $40.99 $45.58 $20.83
Deferred revenue
Short long term debt
Total current liabilities $99.97 $86.35 $75.67 $950.63
Long term debt $1802.34 $1999.1 $1796.06 $1208.6
Total noncurrent liabilities $303.97
Total debt $1802.34 $1999.1 $1796.06 $1208.63
Total liabilities $1966.17 $2133.3 $1901.44 $1254.6
Shareholders' equity
Retained earnings $206 $77.27 $51.79 -$101.85
Other shareholder equity -$101.85
Total shareholder equity $2477.4 $2108.59 $1788.85 $1514.77
(in millions $) 31 Dec 2023 30 Sep 2023 30 Jun 2023 31 Mar 2023
Revenue
Total revenue $129.31 $123.24 $127.58 $120.25
Cost of revenue
Gross Profit $129.31 $123.24 $127.58 $120.25
Operating activities
Research & development
Selling, general & administrative $16.55 $15.88 $16.7 $15.19
Total operating expenses $14.75 $14.64 $15.1 $14.29
Operating income $114.56 $108.59 $112.48 $105.96
Income from continuing operations
EBIT $162.78 $136.27 $141.92 $112.7
Income tax expense -$0.71 $6.59 $8.65 $8.11
Interest expense $24.41 $26.41 $26.75 $25
Net income
Net income $139.08 $103.26 $106.52 $79.59
Income (for common shares) $139.08 $103.26 $106.52 $79.59
(in millions $) 31 Dec 2023 31 Dec 2022 31 Dec 2021 31 Dec 2020
Revenue
Total revenue $500.38 $376.86 $289.05 $222.61
Cost of revenue
Gross Profit $500.38 $376.86 $289.05 $222.61
Operating activities
Research & development
Selling, general & administrative $64.32 $52.59 $46.94 $31.68
Total operating expenses $58.79 $53.26 $47.55 $35.08
Operating income $441.59 $323.6 $241.5 $187.53
Income from continuing operations
EBIT $553.66 $343.21 $422.46 $65.43
Income tax expense $22.64 $23.32 $32.86 -$13.54
Interest expense $102.58 $78.28 $58.84 $49.59
Net income
Net income $428.45 $241.61 $330.76 $29.38
Income (for common shares) $428.45 $241.61 $330.76 $29.38
(in millions $) 31 Dec 2023 30 Sep 2023 30 Jun 2023 31 Mar 2023
Net income $139.08 $103.26 $106.52 $79.59
Operating activities
Depreciation
Business acquisitions & disposals
Stock-based compensation $4.17 $4.16 $4.09 $4.1
Total cash flows from operations $153.68 $83.96 $27.71 $19.97
Investing activities
Capital expenditures
Investments
Total cash flows from investing
Financing activities
Dividends paid -$74.55 -$71.79 -$65.65 -$59.61
Sale and purchase of stock $38.52 $81.06 $43.2 $40.9
Net borrowings -$134.62 -$87.07 $31.41 -$10.22
Total cash flows from financing -$170.64 -$77.8 $3.42 -$29.34
Effect of exchange rate
Change in cash and equivalents -$16.96 $6.16 $31.13 -$9.37
(in millions $) 31 Dec 2023 31 Dec 2022 31 Dec 2021 31 Dec 2020
Net income $428.45 $241.61 $330.76 $29.38
Operating activities
Depreciation
Business acquisitions & disposals
Stock-based compensation $16.52 $13.63 $10.89 $10.83
Total cash flows from operations $285.32 -$246.94 -$515.37 -$54.08
Investing activities
Capital expenditures
Investments
Total cash flows from investing
Financing activities
Dividends paid -$271.6 -$194.17 -$160.54 -$144.46
Sale and purchase of stock $203.68 $265.62 $98.89 $84.38
Net borrowings -$200.49 $196.93 $583.03 $92.73
Total cash flows from financing -$274.36 $263.43 $516.08 $30.76
Effect of exchange rate
Change in cash and equivalents $10.96 $16.49 $0.71 -$23.33
Fundamentals
Market cap $4.01B
Enterprise value $5.76B
Shares outstanding 84.83M
Revenue $500.38M
EBITDA $553.67M
EBIT $553.67M
Net Income $428.45M
Revenue Q/Q 13.55%
Revenue Y/Y N/A
P/E ratio 9.37
EV/Sales 11.50
EV/EBITDA 10.40
EV/EBIT 10.40
P/S ratio 8.02
P/B ratio 1.62
Book/Share 29.20
Cash/Share 0.71
EPS $5.05
ROA 9.72%
ROE 18.48%
Debt/Equity 0.79
Net debt/EBITDA 3.44
Current ratio 1.49
Quick ratio 1.49