Dec 31, 2021

Main Street Capital Q4 2021 Earnings Report

Achieved record total investment income, net investment income, and distributable net investment income for the second consecutive quarter, capping off a record year.

Key Takeaways

Main Street Capital Corporation reported strong Q4 2021 results with record total investment income, net investment income, and distributable net investment income. The lower middle market and private loan strategies delivered record quarterly and full year investment activities. The fair value of the total investment portfolio increased to $3.6 billion.

Net investment income was $51.2 million (or $0.73 per share).

Distributable net investment income was $54.1 million (or $0.77 per share).

Total investment income was $82.2 million.

Return on equity was 21.7% on an annualized basis.

Total Revenue
$82.2M
Previous year: $62.5M
+31.5%
EPS
$0.77
Previous year: $0.59
+30.5%
Net Asset Value per Share
$21.7
Middle Market Fair Value
$395M
Previous year: $446M
-11.3%
Middle Market Portfolio Count
36
Previous year: 42
-14.3%
Cash and Equivalents
$32.6M
Previous year: $31.9M
+2.2%
Total Assets
$3.69B
Previous year: $2.77B
+33.3%

Main Street Capital

Main Street Capital

Main Street Capital Revenue by Segment

Forward Guidance

Main Street cautions that statements in this press release which are forward-looking and provide other than historical information, including but not limited to our ability to successfully source and execute on new portfolio investments and delivery of future financial performance and results, are based on current conditions and information available to Main Street as of the date hereof and include statements regarding Main Street's goals, beliefs, strategies and future operating results and cash flows.