Main Street Capital annual net debt
2021
2022
2023
2024
2025
Main Street Capital Net Debt Growth & History (MAIN)
Main Street Capital's net debt was $2.42B for fiscal 2025.
View full Main Street Capital company overviewMain Street Capital annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $2.42B | $371.5M | +18.17% |
| 2024 | 2024-12-31 | $2.04B | $301.9M | +17.33% |
| 2023 | 2023-12-31 | $1.74B | −$218.8M | −11.16% |
| 2022 | 2022-12-31 | $1.96B | $197.6M | +11.21% |
| 2021 | 2021-12-31 | $1.76B | — | — |
Main Street Capital quarterly net debt
Q4.21
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $2.48B | $345.5M | +16.22% |
| Q1 2026 | 2026-03-31 | $2.51B | $364.8M | +17.01% |
| Q4 2025 | 2025-12-31 | $2.42B | $371.5M | +18.17% |
| Q3 2025 | 2025-09-30 | $2.12B | $4.1M | +0.20% |
| Q2 2025 | 2025-06-30 | $2.13B | −$37.6M | −1.73% |
| Q1 2025 | 2025-03-31 | $2.14B | $210.6M | +10.89% |
| Q4 2024 | 2024-12-31 | $2.04B | $301.9M | +17.33% |
| Q3 2024 | 2024-09-30 | $2.12B | $257.2M | +13.84% |
| Q2 2024 | 2024-06-30 | $2.17B | $217.0M | +11.12% |
| Q1 2024 | 2024-03-31 | $1.93B | −$16.5M | −0.84% |
| Q4 2023 | 2023-12-31 | $1.74B | −$218.8M | −11.16% |
| Q3 2023 | 2023-09-30 | $1.86B | −$123.4M | −6.23% |
| Q2 2023 | 2023-06-30 | $1.95B | — | — |
| Q1 2023 | 2023-03-31 | $1.95B | — | — |
| Q4 2022 | 2022-12-31 | $1.96B | $197.6M | +11.21% |
| Q3 2022 | 2022-09-30 | $1.98B | — | — |
| Q4 2021 | 2021-12-31 | $1.76B | — | — |
Main Street Capital net debt trends
Between the periods ended 2021-12-31 and 2025-12-31, Main Street Capital's net debt increased from $1.76B to $2.42B, a change of $652.2M. The latest reported quarter, Q2 2026, shows $2.48B.
About the metric
What net debt means
Net debt compares a company’s interest-bearing debt with its cash and cash equivalents. Positive net debt means debt exceeds cash, while a negative value indicates the company has more cash than debt on this measure.
Calculation and source
How net debt is calculated
TickerStat calculates net debt as total interest-bearing debt minus cash and cash equivalents at the same reporting-period end. Short-term investments are not subtracted because they are not included in the standardized cash series. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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