Axos Financial, Inc. (AX) vs Main Street Capital Corporation (MAIN)

MAIN leads on 7 of 13 compared metrics.

A side-by-side comparison of Axos Financial, Inc. and Main Street Capital Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 26, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Compare

Total return — AX vs MAIN

growth of $100 · last 19y
AX +5241.2%MAIN +234.6%AX compounded faster
Log scale — wide-divergence pair
101001k10kStart $1002011201520192023$5,341$335
AX MAIN

AX vs MAIN: by the numbers

  • AX is the larger company ($5.42B vs $4.67B market cap).
  • MAIN trades at the lower earnings multiple (10.57 vs 11.58 P/E).
  • MAIN converts more revenue to profit (58.59% vs 22.67% net margin).
  • AX grew revenue faster over the past five years (24.16% vs 16.32% CAGR).
  • MAIN pays a dividend (8.55% yield) while AX does not currently pay one.

Which is better, AX or MAIN?

Metric tally: AX 6 · MAIN 7

It depends on what you're optimizing for:

ValueMAIN(lower P/E)
GrowthAX(faster 5Y revenue CAGR)
QualityAX(higher ROIC)

Metrics side by side

Valuation

MetricAXMAIN
P/E ratio11.5810.57
Forward P/E11.2313.19
P/S ratio2.626.25
P/B ratio1.801.47
PEG ratio0.570.16

Profitability

MetricAXMAIN
Gross margin62.42%86.39%
Operating margin30.78%66.79%
Net margin22.67%58.59%
ROE15.53%13.78%
ROIC12.02%8.64%

Dividends

MetricAXMAIN
Dividend yield8.55%
Payout ratio77.72%

Growth (annualized)

MetricAXMAIN
Revenue CAGR (5Y)24.16%16.32%
EPS CAGR (5Y)20.39%65.11%
Total return CAGR (5Y)15.04%11.98%

Frequently asked

Which is better, AX or MAIN?
It depends on your goal. value: MAIN (lower P/E); growth: AX (faster 5Y revenue CAGR); quality: AX (higher ROIC). Across all compared metrics, MAIN leads 7 to 6.
Is AX or MAIN cheaper?
On trailing earnings, MAIN is cheaper: AX trades at a 11.58 P/E and MAIN at 10.57.
Which has grown faster, AX or MAIN?
Over the past five years, AX grew revenue faster — AX at a 24.16% CAGR versus MAIN at 16.32%.
Does AX or MAIN pay a bigger dividend?
MAIN pays a dividend (8.55% yield) while AX does not currently pay one.
Is AX or MAIN more profitable?
MAIN runs the higher net margin — AX at 22.67% versus MAIN at 58.59%.
Which has been the better investment, AX or MAIN?
Over the past 10-year, AX delivered the higher annualized total return — AX at 19.23% versus MAIN at 12.60%. Past performance doesn't predict future results.

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified June 26, 2026.