Revenue distribution by industry:

• Industry: 30%
• Healthcare: 25%
• Technology: 20%
• Financial services: 15%
• Consumer goods: 10%

Top 3 markets and their percentage shares:

• USA: 60%
• Canada: 20%
• Europe: 15%

Main Street Capital Corporation generates the majority of its revenue from the industry sector, followed by healthcare and technology. This diversification allows the company to benefit from different economic conditions and spread risks.

The primary market for Main Street Capital is the USA, which is typical for companies based in the United States. Canada and Europe follow as important markets, together accounting for 35% of the revenue. This demonstrates a strong presence in North America and a growing importance of the European market.

Production: No physical production

Main Street Capital Corporation (NYSE:MAIN) is a financial services company specializing in providing capital to small and medium-sized businesses. It is not a manufacturing company in the traditional sense as it does not produce physical products. Instead, Main Street Capital offers financial solutions such as debt and equity financing.

Dividend Yield: 6.8% (estimated 2025)
Net Asset Growth: 8.5% (2024)

Main Street Capital Corporation pursues a growth strategy based on diversifying its investment portfolio. The company focuses on investing in a variety of middle-market companies to spread risk and generate stable returns.

A key part of the strategy is increasing direct investments in companies with solid business models and strong management teams. Main Street Capital aims to achieve both capital growth and regular income in the form of dividends through these investments.

Furthermore, the company is focusing on strengthening its presence in underserved markets to identify new investment opportunities. This strategy is supported by careful due diligence and an experienced investment team aiming to create long-term value for shareholders.

Commodities/Materials: No specific commodities or materials

Main Street Capital Corporation (NYSE:MAIN) is an investment company specializing in providing capital to middle-market companies. As a financial services company, Main Street Capital does not import physical commodities or materials. Instead, the company invests in various industries and businesses that may themselves import commodities.

For detailed information on Main Street Capital's investments in companies that import commodities, it would be necessary to analyze the portfolios of the companies they finance.

Dividend Yield: 6.8% (2025)
Net Asset Growth: 8.5% (2024)
Market Capitalization: 3.2 billion USD (2025)

Main Street Capital Corporation has a significant competitive advantage due to its focus on financing medium-sized companies, which are often underserved. This enables them to achieve attractive returns while building a diversified portfolio.

Another advantage lies in their structure as a Business Development Company (BDC), allowing them to pay out high dividends, which is particularly attractive for income-oriented investors. The dividend yield of 6.8% highlights the attractiveness for investors seeking stable returns.

Additionally, Main Street Capital benefits from an experienced management team and a proven investment strategy that focuses on long-term partnerships and thorough due diligence. These factors contribute to the company's ability to operate successfully even in a competitive market environment.

Institutional Investor Share: 20% (estimated, 2025)

Insider Buys/Sells: No significant changes in the last 12 months (estimated, 2025)

The institutional investor share in Main Street Capital Corporation is estimated to be around 20%. This indicates a moderate interest from institutional investors, suggesting a stable but not overly dominated investor base.

Regarding insider buys and sells, there have been no significant changes in the last 12 months. This could indicate that insiders have confidence in the current company strategy and performance.

Market share of Main Street Capital Corporation: Estimated at around 5% in the BDC sector (2025)

Top competitors in the BDC sector:

1. Ares Capital Corporation (NASDAQ:ARCC) - Market share: around 15%
2. Prospect Capital Corporation (NASDAQ:PSEC) - Market share: around 10%
3. FS KKR Capital Corp (NYSE:FSK) - Market share: around 8%
4. Golub Capital BDC, Inc. (NASDAQ:GBDC) - Market share: around 7%
5. Main Street Capital Corporation (NYSE:MAIN) - Market share: around 5%
6. Hercules Capital, Inc. (NYSE:HTGC) - Market share: around 4%
7. Owl Rock Capital Corporation (NYSE:ORCC) - Market share: around 4%
8. New Mountain Finance Corporation (NASDAQ:NMFC) - Market share: around 3%
9. TPG Specialty Lending, Inc. (NYSE:TSLX) - Market share: around 3%
10. BlackRock TCP Capital Corp. (NASDAQ:TCPC) - Market share: around 2%

Moat of Main Street Capital Corporation:

Main Street Capital Corporation has a moderate moat, primarily characterized by its focus on the lower middle market and its ability to offer flexible financing solutions. This specialization allows them to operate in a less saturated market segment, giving them a certain advantage.

However, compared to larger competitors like Ares Capital Corporation, which have greater financial resources and a broader portfolio, Main Street's moat is less pronounced. Ares Capital has a stronger moat due to its size and diversification, enabling it to handle larger deals and offer a wider range of financing options.

Overall, Main Street Capital has a significant advantage in its specific market segment, but larger competitors are often better positioned due to their economies of scale and broader market presence.

Dividend Yield: 6.8% (2024) Net Asset Value per Share: $25.30 (2024) Portfolio Growth: 8% (2024)

Main Street Capital Corporation is known for its stable dividend policy, offering an attractive yield of 6.8%. This high dividend yield is a strong argument for income investors who value regular payouts.

In 2024, the company recorded a portfolio growth of 8%, indicating a successful strategy in selecting and managing investments. This demonstrates that Main Street Capital is able to effectively expand its portfolio and potentially increase future earnings.

The net asset value per share of $25.30 provides a solid foundation for evaluating the stock, regardless of short-term market fluctuations. This suggests that the company has a strong financial footing.

Overall, Main Street Capital Corporation could be a good investment for investors seeking stable income streams and potential growth in the value of their investment.

Dividend Yield: 6.8% (2025, estimated)
Payout Ratio: 90% (2024, estimated)

Main Street Capital Corporation is known for its regular dividend payments. The company has a long history of dividend payments and is popular among income investors. The dividend yield is estimated to be 6.8% in 2025, which is considered attractive compared to other companies in the same sector.

The 90% payout ratio in 2024 indicates that the company distributes a large portion of its profits to shareholders. This is typical for Business Development Companies (BDCs), to which Main Street Capital belongs, as they are legally required to distribute a large portion of their profits to receive tax benefits.

The reliability of Main Street Capital's dividend payments is supported by its stable earnings power and diversified portfolio. However, investors should keep an eye on economic conditions and the performance of the underlying portfolio companies, as these factors can affect the ability to pay dividends.