Hamilton Lane Incorporated (HLNE) vs Main Street Capital Corporation (MAIN)

A side-by-side comparison of Hamilton Lane Incorporated and Main Street Capital Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of October 6, 2026. Differences are shown without an overall score or investment verdict.

Compare

Total return — HLNE vs MAIN

growth of $100 · dividends reinvested · last 10y
HLNE +483.8% (+19.3%/yr)MAIN +208.4% (+11.9%/yr)HLNE compounded faster over this window
05001kStart $1002019202120232025$584$308
HLNE MAIN

HLNE vs MAIN: by the numbers

  • •MAIN is the larger company ($5.09B vs $4.80B market cap).
  • •MAIN trades at the lower trailing earnings multiple (11.04 vs 13.19 P/E), one valuation lens rather than an overall verdict.
  • •MAIN converts more revenue to profit (64.50% vs 32.14% net margin).
  • •HLNE grew revenue faster over the past five years (19.59% vs 11.02% CAGR).
  • •MAIN pays the higher dividend yield (7.86% vs 2.61%).

Metrics side by side

Valuation

MetricHLNEMAIN
P/E ratio13.1911.04
Forward P/E12.1614.37
PEG ratio0.820.17
P/S ratio5.607.28
P/B ratio5.111.61

Profitability

MetricHLNEMAIN
Gross margin69.89%100.00%
Operating margin43.62%80.71%
Net margin32.14%64.50%
ROE29.37%14.25%

Dividends

MetricHLNEMAIN
Dividend yield2.61%7.86%
Payout ratio34.76%87.10%

Growth (annualized)

MetricHLNEMAIN
Revenue CAGR (5Y)19.59%11.02%
EPS CAGR (5Y)16.26%65.11%
Total return CAGR (5Y)1.47%14.48%

Frequently asked

Which has the lower trailing P/E, HLNE or MAIN?
MAIN has the lower trailing P/E: HLNE trades at 13.19 and MAIN at 11.04. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, HLNE or MAIN?
Over the past five years, HLNE grew revenue faster — HLNE at a 19.59% CAGR versus MAIN at 11.02%.
Does HLNE or MAIN pay a bigger dividend?
HLNE yields 2.61% and MAIN yields 7.86% based on trailing dividends and the latest price.
Is HLNE or MAIN more profitable?
MAIN runs the higher net margin — HLNE at 32.14% versus MAIN at 64.50%.
How have HLNE and MAIN total returns compared?
Over the past 5 years, HLNE delivered 1.47% and MAIN delivered 14.48% annualized total return. 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 October 6, 2026.