Sep 30, 2024

Main Street Capital Q3 2024 Earnings Report

Main Street announced its Q3 2024 results, featuring net investment income of $1.00 per share and distributable net investment income of $1.06 per share. The net asset value was reported at $30.57 per share.

Key Takeaways

Main Street Capital Corporation reported strong Q3 2024 results, with net investment income of $1.00 per share and distributable net investment income of $1.06 per share. The company's net asset value increased to $30.57 per share. Total investment income was $136.8 million. The company declared regular monthly dividends totaling $0.735 per share for Q4 2024 and a supplemental dividend of $0.30 per share for Q3 2024.

Net investment income was $87.6 million, or $1.00 per share.

Distributable net investment income was $93.0 million, or $1.06 per share.

Total investment income reached $136.8 million.

Net asset value stood at $30.57 per share as of September 30, 2024, an increase of $0.77 per share compared to June 30, 2024.

Total Revenue
$169M
Previous year: $129M
+30.3%
EPS
$1.06
Previous year: $1.04
+1.9%
Net Asset Value per Share
$18.8
Previous year: $17.9
+5.0%
Middle Market Fair Value
$178M
Previous year: $291M
-38.7%
Middle Market Portfolio Count
17
Previous year: 27
-37.0%
Cash and Equivalents
$84.4M
Previous year: $77M
+9.6%
Free Cash Flow
$118M
Total Assets
$5.09B
Previous year: $4.47B
+14.0%

Main Street Capital

Main Street Capital

Main Street Capital Revenue by Segment

Forward Guidance

The company did not provide specific forward guidance for the next quarter.