← Main Street Capital CORP
| Annual Trend | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||
| Net Income From Continuing Operations | — | $330.8m | $241.6m | $428.4m | $508.1m | $493.4m | $451.3m | |
| Amortization of Debt Issuance Costs | — | $3.0m | $2.9m | $3.3m | $5.2m | $6.5m | — | |
| Amortization of deferred financing costs | $2.5m | $3.0m | $2.9m | $3.3m | $5.2m | $6.5m | — | |
| Deferred Income Tax Expense (Benefit) | — | $27.1m | $18.1m | $16.0m | $22.3m | $22.9m | — | |
| Deferred taxes | ($14.1m) | $27.1m | $18.1m | $16.0m | $22.3m | $22.9m | — | |
| Share-based Payment Arrangement, Noncash Expense | — | $10.9m | $13.6m | $16.5m | $18.8m | $21.4m | — | |
| Payment, Tax Withholding, Share-based Payment Arrangement | — | $5.3m | $4.9m | $6.0m | $7.3m | $10.3m | — | |
| Share-based Payment Arrangement, Expense | — | $10.9m | $13.6m | $16.5m | $18.8m | $21.4m | — | |
| Share-based compensation expense | $10.8m | $10.9m | $13.6m | $16.5m | $18.8m | $21.4m | — | |
| Proceeds from sales and return of capital of equity investments in portfolio companies | $34.4m | $133.6m | $71.7m | $43.6m | $143.4m | $197.2m | — | |
| Change In Working Capital | — | — | ($10.5m) | $5.8m | $8.5m | ($2.7m) | $111k | |
| Change In Receivables | — | — | ($28.2m) | ($8.5m) | ($11.2m) | ($15.4m) | ($27.6m) | |
| Accounts payable and other liabilities | ($2.8m) | $20.3m | $12.3m | $10.1m | $8.3m | ($1.4m) | — | |
| Accretion of unearned income | ($11.8m) | ($15.6m) | ($13.4m) | ($19.4m) | ($22.0m) | ($21.0m) | — | |
| Interest and dividend receivable and other assets | $4.6m | ($5.5m) | ($28.2m) | ($8.5m) | ($11.2m) | ($15.4m) | — | |
| Change In Other Current Liabilities | — | — | $3.8m | $3.8m | $5.1m | $7.3m | $9.5m | |
| Net Cash Provided by (Used in) Operating Activities | ($54.1m) |
($515.4m)
-852.91%
|
($246.9m)
+52.09%
|
$285.3m
+215.54%
|
($87.1m)
-130.53%
|
($45.7m)
+47.54%
|
— | |
| Investments in portfolio companies | ($669.0m) | ($1.8b) | ($1.2b) | ($867.0m) | ($1.6b) | ($1.4b) | — | |
| Proceeds from sales and repayments of debt investments in portfolio companies | $443.6m | $920.8m | $608.3m | $782.4m | $1.0b | $838.8m | — | |
| Cash flows from financing activities: | ||||||||
| Gain (Loss) on Extinguishment of Debt | — | $0 | $0 | — | — | — | — | |
| Debt and Equity Securities, Realized Gain (Loss) | — | — | — | ($120.5m) | $46.0m | $54.6m | — | |
| Debt and Equity Securities, Unrealized Gain (Loss) | — | $135.6m | $24.8m | $232.6m | $137.7m | $98.9m | — | |
| Proceeds from debt | $165.0m | $580.2m | $100.0m | $66.0m | $813.8m | $350.0m | — | |
| Issuance Of Debt | — | — | $1.1b | $526.0m | $2.7b | $1.7b | $2.4b | |
| Long Term Debt Issuance | — | — | $1.1b | $526.0m | $2.7b | $1.7b | $2.4b | |
| Net Issuance Payments Of Debt | — | — | $202.0m | ($197.0m) | $324.0m | $334.0m | $314.0m | |
| Net Long Term Debt Issuance | — | — | $202.0m | ($197.0m) | $324.0m | $334.0m | $314.0m | |
| Repayments of debt | ($42.0m) | ($40.0m) | $0 | ($16.0m) | ($63.8m) | ($150.0m) | ($2.1b) | |
| Long Term Debt Payments | — | — | ($930.0m) | ($723.0m) | ($2.4b) | ($1.4b) | ($2.1b) | |
| Repayment Of Debt | — | — | ($930.0m) | ($723.0m) | ($2.4b) | ($1.4b) | ($2.1b) | |
| Issuance Of Capital Stock | — | — | $265.6m | $203.7m | $122.6m | $31.7m | $168.8m | |
| Proceeds from Issuance of Common Stock | — | $98.9m | $265.6m | $203.7m | $122.6m | $31.7m | $168.8m | |
| Proceeds from public offering of common stock, net of offering costs | $84.4m | $98.9m | $265.6m | $203.7m | $122.6m | $31.7m | — | |
| Common Stock Issuance | — | — | $265.6m | $203.7m | $122.6m | $31.7m | $168.8m | |
| Payments of Ordinary Dividends, Common Stock | — | $170 | $192 | $224 | — | $378 | ($349.0m) | |
| Common Stock Dividend Paid | — | — | ($194.2m) | ($271.6m) | ($320.4m) | ($339.3m) | ($349.0m) | |
| Dividends Payable | — | $15 | $18 | $20 | $22 | $23 | — | |
| Cumulative dividends | ($2) | ($2) | ($2) | ($1) | ($3) | ($4) | — | |
| Dividends paid | ($144) | ($161) | ($194) | ($272) | ($320) | ($339) | ($349.0m) | |
| Value of shares issued pursuant to the dividend reinvestment plan | $16.2m | $16.3m | $24.1m | $30.7m | $35.7m | $37.9m | — | |
| Cash Dividends Paid | — | — | ($194.2m) | ($271.6m) | ($320.4m) | ($339.3m) | ($349.0m) | |
| Net Other Financing Charges | — | — | ($4.9m) | ($6.0m) | ($7.3m) | ($10.3m) | ($9.3m) | |
| Net Cash Provided by (Used in) Financing Activities | $30.8m |
$516.1m
+1577.94%
|
$263.4m
-48.96%
|
($274.4m)
-204.15%
|
$105.3m
+138.38%
|
$9.4m
-91.06%
|
— | |
| Net increase (decrease) in cash and cash equivalents | ($23.3m) | $710k | $16.5m | $11.0m | $18.2m | ($36.3m) | — | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | $710k | $16.5m | $11.0m | $18.2m | ($36.3m) | $58.3m | |
| Beginning Cash Position | — | — | $32.6m | $49.1m | $60.1m | $78.3m | $87.0m | |
| CASH AND CASH EQUIVALENTS AS OF BEGINNING OF PERIOD | $31.9m | $32.6m | $49.1m | $60.1m | $78.3m | $42.0m | ||
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | $32.6m | $49.1m | $60.1m | $78.3m | $42.0m | $58.3m | |
| Additional Supplementary Disclosures | ||||||||
| Additional Supplementary Disclosures | ||||||||
| Income Tax Expense (Benefit) | — | $32.9m | $23.3m | $22.6m | $30.6m | — | — | |
| Right-of-use assets obtained in exchange for operating lease liabilities | $0 | $0 | $5.4m | $0 | $379k | $304k | — | |
| Additional Financial Items | ||||||||
| General and Administrative Expense | — | $12.5m | $16.1m | $18.0m | $19.3m | $21.7m | — | |
| Investment Company Distribution Ordinary Income | — | — | — | $278.2m | $245.8m | $346.8m | — | |
| Investment Income, Interest | — | $193.7m | $284.7m | $390.7m | $420.7m | $404.9m | — | |
| Net increase in net assets resulting from operations | $29.4m | $330.8m | $241.6m | $428.4m | $508.1m | $493.4m | — | |
| Net unrealized appreciation | $5.6m | ($135.6m) | ($24.8m) | ($232.6m) | ($137.7m) | ($98.9m) | — | |
| Net realized (gain) loss | $116.5m | ($45.3m) | $5.2m | $120.5m | ($46.0m) | ($54.6m) | — | |
| Payment-in-kind interest | ($6.2m) | ($7.6m) | ($5.4m) | ($11.0m) | ($22.8m) | ($15.7m) | — | |
| Interest payable | $1.4m | $6.3m | $1.7m | $445k | $6.3m | $6.8m | — | |
| Deferred fees and other | $2.9m | $7.0m | $3.8m | $3.8m | $5.1m | $7.3m | — | |
| Repayment of May 2024 Notes | — | — | ($185.0m) | $0 | ($450.0m) | $0 | — | |
| Proceeds from Credit Facilities | $399.0m | $1.1b | $1.0b | $460.0m | $1.9b | $1.4b | — | |
| Repayments on Credit Facilities | ($430.0m) | ($1.0b) | ($745.0m) | ($707.0m) | ($1.9b) | ($1.3b) | — | |
| Payment of deferred financing costs | — | — | ($5.1m) | ($3.5m) | ($13.6m) | ($6.7m) | — | |
| Purchases of vested stock for employee payroll tax withholding | ($1.9m) | ($5.3m) | ($4.9m) | ($6.0m) | ($7.3m) | ($10.3m) | — | |
| Change In Payable | — | — | $13.9m | $10.5m | $14.6m | $5.4m | $18.3m | |
| Changes In Cash | — | — | $16.5m | $11.0m | $18.2m | ($36.3m) | ($28.7m) | |
| End Cash Position | — | — | $49.1m | $60.1m | $78.3m | $42.0m | $58.3m | |
| Financing Cash Flow | — | — | $263.4m |
($274.4m)
-204.15%
|
$105.3m
+138.38%
|
$9.4m
-91.06%
|
$121.1m
+1186.84%
|
|
| Free Cash Flow | — | — | ($246.9m) | $285.3m | ($87.1m) | ($45.7m) | ($149.8m) | |
| Gain Loss On Investment Securities | — | — | ($493.9m) | ($154.4m) | ($605.1m) | ($550.4m) | ($624.6m) | |
| Other Non Cash Items | — | — | $15.9m | $5.5m | $1.4m | $14.1m | — | |
| Supplemental disclosure of cash flow information: | ||||||||
| Change In Cash Supplemental As Reported | — | — | $16.5m | $11.0m | $18.2m | ($36.3m) | — | |
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $45.6m | $50.7m | $73.6m | $98.7m | $113.5m | $114.5m | — | |
| Income Taxes Paid, Net | $3.1m | $2.2m | $6.6m | $8.4m | $8.3m | $20.6m | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.