Main Street Capital
0JXQ.L
$61.09 1.62%
Exchange: LSE | Sector: Financial Services | Industry: Financial Diversified
Q3 2024
Published: Nov 8, 2024

Earnings Highlights

  • Revenue of $136.82M down 9.3% year-over-year
  • EPS of $1.42 increased by 13.6% from previous year
  • Gross margin of 110.7%
  • Net income of 124.01M
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0JXQ.L
Company 0JXQ.L

Executive Summary

Main Street Capital Corporation delivered a solid QQ3 2024 performance, with net income of $124.0 million and EBITDA of $135.7 million on revenue of $136.8 million, producing a near‑1.0x EBITDA margin and a net income margin of approximately 73.6%. The quarter shows a modest year‑over‑year revenue decline (-9.34%) but an expansion in profitability and cash generation, aided by a substantial non‑cash depreciation/amortization component that supports EBITDA at 0.99x of revenue. Operating income rose 54.0% YoY and 18.4% QoQ to $169.2 million, while earnings per share stood at $1.42, up about 13.6% YoY and 19.3% QoQ.

Key Performance Indicators

Revenue
Decreasing
136.82M
QoQ: -3.27% | YoY: -9.34%
Gross Profit
Increasing
151.47M
1.11% margin
QoQ: 17.01% | YoY: 21.66%
Operating Income
Increasing
169.19M
QoQ: 18.38% | YoY: 54.01%
Net Income
Increasing
124.01M
QoQ: 20.76% | YoY: 20.09%
EPS
Increasing
1.42
QoQ: 19.33% | YoY: 13.60%

Revenue Trend

Margin Analysis

Historical Earnings Comparison

PeriodRevenue ($M)EPS ($)YoY GrowthReport
Q3 2025 139.83 0.24 +2.2% View
Q2 2025 202.29 1.37 +43.0% View
Q1 2025 170.69 1.31 +36.8% View
Q4 2024 140.44 1.97 +0.4% View
Q3 2024 136.82 1.42 -9.3% View