Main Street Capital (MAIN) Interest Coverage Ratio: History & Chart

Main Street Capital Corporation (MAIN)MAINMain Street Capital Corporation

About Main Street Capital Corporation

Main Street Capital Corporation functions as a Business Development Company (BDC), providing diverse capital solutions across different market segments. Primarily, the firm supplies equity capital to lower middle market companies. These investments support various strategic objectives, including recapitalizations, management buyouts, refinancing, family estate planning, industry consolidation, and growth initiatives for both mature and later-stage emerging businesses. Main Street actively seeks to forge partnerships with entrepreneurs, business owners, and management teams, frequently offering comprehensive, "one-stop" financing alternatives for its lower middle market portfolio. Companies targeted for equity investment in this segment typically have annual revenues between $5 million and $300 million, with individual equity investments generally ranging from $2 million to $75 million, and an enterprise value for the target company usually falling between $3 million and $20 million. The firm is prepared to take stakes from a 5% minority position up to a 50% majority interest. In addition to its equity offerings, Main Street also extends debt capital to middle market companies. These funds are allocated to finance activities such as acquisitions, management buyouts, growth strategies, recapitalizations, and refinancing. Debt transactions in the middle market typically range from $5 million to $50 million per deal, targeting businesses with annual EBITDA between $1 million and $20 million. It is important to note that these middle market debt recipients are generally larger in scale than the companies within Main Street's lower middle market equity portfolio. The firm demonstrates a wide investment scope, engaging with numerous industries. These include, but are not limited to: air freight and logistics, auto components, building products, chemicals, commercial services, computing, construction and engineering, consumer finance and services, electronic equipment, energy (equipment, services, and consumables), financial services, healthcare (equipment and providers), hospitality, internet software and services, IT services, machinery, paper and forest products, professional and industrial services, road and rail transportation, software, specialty retail, and telecommunications. Broadly, this covers sectors within consumer discretionary, energy, materials, technology, and transportation. Main Street Capital Corporation was established in 2007, with its main operations based in Houston, Texas, and an additional office located in Chojnów, Poland.

Houston, TX

110 employees

www.mainstcapital.com

Financial Services / Asset Management

Sector: Financial Services
Industry: Asset Management
CEO: Dwayne Louis Hyzak

View full financials

MAIN Interest Coverage Ratio Metrics

INTEREST COVERAGE RATIO

2.62x

INTEREST COVERAGE RATIO AVG TTM

3.78x

INTEREST COVERAGE RATIO AVG 3Y

4.06x

INTEREST COVERAGE RATIO AVG 5Y

4.11x

INTEREST COVERAGE RATIO AVG 10Y

4.29x

INTEREST COVERAGE RATIO AVG 15Y

4.19x

INTEREST COVERAGE RATIO AVG 20Y

3.81x

CURRENT VS TTM AVG

-30.56%

CURRENT VS 3Y AVG

-35.41%

CURRENT VS 5Y AVG

-36.23%

CURRENT VS 10Y AVG

-38.89%

CURRENT VS 15Y AVG

-37.48%

CURRENT VS 20Y AVG

-31.16%

SECTOR MEDIAN · FINANCIAL SERVICES

5.21x

median of 90 covered companies

CURRENT VS SECTOR MEDIAN

-49.67%

vs the sector median at left

NAME	MARKET CAP	INTEREST COVERAGE RATIO	TTM	3Y	5Y
Main Street Capital Corporation (MAIN)	$5.06B	2.62x	3.78x	4.06x	4.11x
Axos Financial, Inc. (AX)vs ›	$5.77B	N/A	0.91x	2.36x	2.52x
Nuveen Quality Municipal Income Fund (NAD)vs ›	$2.73B	1.95x	4.25x	3.37x	5.68x
Kinsale Capital Group, Inc. (KNSL)vs ›	$8.12B	59.58x	55.19x	48.33x	163.49x
FactSet Research Systems Inc. (FDS)vs ›	$9.36B	13.29x	11.97x	11.69x	24.88x
Washington Trust Bancorp, Inc. (WASH)vs ›	$743.18M	0.41x	0.41x	1.04x	2.23x
BlackRock Multi-Sector Income Trust (BIT)vs ›	$697.88M	5.20x	4.53x	3.88x	12.12x
Lufax Holding Ltd (LU)vs ›	$654.06M	-0.46x	2.08x	2.33x	3.20x
WisdomTree Artificial Intelligence and Innovation Fund (WTAI)vs ›	$609.76M	N/A	N/A	N/A	N/A
BlackRock Floating Rate Income Trust (BGT)vs ›	$323.00M	5.24x	5.03x	5.72x	6.69x

NAME

MARKET CAP

INTEREST COVERAGE RATIO

TTM

Main Street Capital Corporation (MAIN)

$5.06B

2.62x

3.78x

4.06x

4.11x

Axos Financial, Inc. (AX)vs ›

$5.77B

N/A

0.91x

2.36x

2.52x

Nuveen Quality Municipal Income Fund (NAD)vs ›

$2.73B

1.95x

4.25x

3.37x

5.68x

Kinsale Capital Group, Inc. (KNSL)vs ›

$8.12B

59.58x

55.19x

48.33x

163.49x

FactSet Research Systems Inc. (FDS)vs ›

$9.36B

13.29x

11.97x

11.69x

24.88x

Washington Trust Bancorp, Inc. (WASH)vs ›

$743.18M

0.41x

1.04x

2.23x

BlackRock Multi-Sector Income Trust (BIT)vs ›

$697.88M

5.20x

4.53x

3.88x

12.12x

Lufax Holding Ltd (LU)vs ›

$654.06M

-0.46x

2.08x

2.33x

3.20x

WisdomTree Artificial Intelligence and Innovation Fund (WTAI)vs ›

$609.76M

N/A

BlackRock Floating Rate Income Trust (BGT)vs ›

$323.00M

5.24x

5.03x

5.72x

6.69x

Interest Coverage Ratio FAQ

What is the interest coverage ratio for Main Street Capital Corporation (MAIN)?

The interest coverage ratio for MAIN stock is 2.62x.

Is Main Street Capital Corporation's interest coverage ratio high or low?

The interest coverage ratio of 2.62x is 40% below its 5-year average of 4.37x, near the low end of its 5-year range (1.45x–7.28x).

What is the TTM average interest coverage ratio for Main Street Capital Corporation (MAIN)?

The TTM average interest coverage ratio for MAIN stock is 3.78x.

What is the 3Y average interest coverage ratio for Main Street Capital Corporation (MAIN)?

The 3Y average interest coverage ratio for MAIN stock is 4.06x.

What is the 5Y average interest coverage ratio for Main Street Capital Corporation (MAIN)?

The 5Y average interest coverage ratio for MAIN stock is 4.11x.

What is the 10Y average interest coverage ratio for Main Street Capital Corporation (MAIN)?

The 10Y average interest coverage ratio for MAIN stock is 4.29x.

What is the 15Y average interest coverage ratio for Main Street Capital Corporation (MAIN)?

The 15Y average interest coverage ratio for MAIN stock is 4.19x.

What is the 20Y average interest coverage ratio for Main Street Capital Corporation (MAIN)?

The 20Y average interest coverage ratio for MAIN stock is 3.81x.

DATE	INTEREST COVERAGE RATIO
2026-03-31	2.62x
2025-12-31	4.29x
2025-09-30	4.11x
2025-06-30	3.90x
2025-03-31	3.96x
2024-12-31	5.03x
2024-09-30	4.05x
2024-06-30	3.90x
2024-03-31	4.41x
2023-12-31	5.67x
2023-09-30	4.16x
2023-06-30	4.30x
2023-03-31	3.51x
2022-12-31	4.86x
2022-09-30	2.70x
2022-06-30	1.45x
2022-03-31	4.21x
2021-12-31	6.56x
2021-09-30	6.54x
2021-06-30	7.28x
2021-03-31	4.20x
2020-12-31	6.27x
2020-09-30	6.38x
2020-06-30	3.02x
2020-03-31	-14.44x
2019-12-31	1.13x
2019-09-30	2.32x
2019-06-30	3.38x
2019-03-31	3.73x
2018-12-31	1.00x
2018-09-30	6.66x
2018-06-30	5.24x
2018-03-31	3.27x
2017-12-31	7.61x
2017-09-30	4.19x
2017-06-30	5.12x
2017-03-31	4.31x
2016-12-31	5.54x
2016-09-30	4.98x
2016-06-30	3.96x
2016-03-31	1.78x
2015-12-31	0.70x
2015-09-30	2.10x
2015-06-30	4.87x
2015-03-31	4.51x
2014-12-31	2.89x
2014-09-30	4.12x
2014-06-30	6.16x
2014-03-31	5.47x
2013-12-31	3.64x
2013-09-30	4.82x
2013-06-30	4.47x
2013-03-31	6.62x
2012-12-31	7.71x
2012-09-30	3.96x
2012-06-30	3.07x
2012-03-31	3.33x
2011-12-31	3.28x
2011-09-30	2.79x
2011-06-30	2.95x
2011-03-31	2.55x
2010-12-31	2.45x
2010-09-30	2.08x
2010-06-30	2.25x
2010-03-31	1.62x
2009-12-31	2.60x
2009-09-30	2.74x
2009-06-30	2.11x
2009-03-31	2.27x
2008-12-31	2.58x
2008-09-30	2.72x
2008-06-30	2.81x
2008-03-31	2.97x
2007-09-30	2.05x
2007-06-30	1.16x
2007-03-31	1.66x

DATE

INTEREST COVERAGE RATIO

2026-03-31

2.62x

2025-12-31

4.29x

2025-09-30

4.11x

2025-06-30

3.90x

2025-03-31

3.96x

2024-12-31

5.03x

2024-09-30

4.05x

2024-06-30

3.90x

2024-03-31

4.41x

2023-12-31

5.67x

2023-09-30

4.16x

2023-06-30

4.30x

2023-03-31

3.51x

2022-12-31

4.86x

2022-09-30

2.70x

2022-06-30

1.45x

2022-03-31

4.21x

2021-12-31

6.56x

2021-09-30

6.54x

2021-06-30

7.28x

2021-03-31

4.20x

2020-12-31

6.27x

2020-09-30

6.38x

2020-06-30

3.02x

2020-03-31

-14.44x

2019-12-31

1.13x

2019-09-30

2.32x

2019-06-30

3.38x

2019-03-31

3.73x

2018-12-31

1.00x

2018-09-30

6.66x

2018-06-30

5.24x

2018-03-31

3.27x

2017-12-31

7.61x

2017-09-30

4.19x

2017-06-30

5.12x

2017-03-31

4.31x

2016-12-31

5.54x

2016-09-30

4.98x

2016-06-30

3.96x

2016-03-31

1.78x

2015-12-31

0.70x

2015-09-30

2.10x

2015-06-30

4.87x

2015-03-31

4.51x

2014-12-31

2.89x

2014-09-30

4.12x

2014-06-30

6.16x

2014-03-31

5.47x

2013-12-31

3.64x

2013-09-30

4.82x

2013-06-30

4.47x

2013-03-31

6.62x

2012-12-31

7.71x

2012-09-30

3.96x

2012-06-30

3.07x

2012-03-31

3.33x

2011-12-31

3.28x

2011-09-30

2.79x

2011-06-30

2.95x

2011-03-31

2.55x

2010-12-31

2.45x

2010-09-30

2.08x

2010-06-30

2.25x

2010-03-31

1.62x

2009-12-31

2.60x

2009-09-30

2.74x

2009-06-30

2.11x

2009-03-31

2.27x

2008-12-31

2.58x

2008-09-30

2.72x

2008-06-30

2.81x

2008-03-31

2.97x

2007-09-30

2.05x

2007-06-30

1.16x

2007-03-31

1.66x

Interest Coverage Ratio: 2.62x

MAIN Interest Coverage Ratio

MAIN Average Interest Coverage Ratio Chart

MAIN Current vs Average Interest Coverage Ratio Chart

MAIN Interest Coverage Ratio Metrics

MAIN Competitors' Interest Coverage Ratio

Financial Health Indicators

Interest Coverage Ratio Formula & Definition

Interest Coverage Ratio FAQ

MAIN Interest Coverage Ratio History

Related Metrics