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Shares Outstanding (EOP) are shares that have been authorized, issued, and purchased by investors and are held by them.
3-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past three years. It is calculated as the annualized percentage change in shares outstanding from three years ago to the current year. A positive ratio may indicate share buybacks over the period, while a zero or negative ratio may reflect no repurchases or potential share issuance. Main Street Capital's current 3-Year Share Buyback Ratio was -4.60%.
The historical rank and industry rank for Main Street Capital's 3-Year Share Buyback Ratio or its related term are showing as below:
MAIN'
s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -47.2 Med: -7.75 Max: -1.5
Current: -4.6
During the past 13 years, Main Street Capital's highest 3-Year Share Buyback Ratio was -1.50%. The lowest was -47.20%. And the median was -7.75%.
MAIN's 3-Year Share Buyback Ratio is ranked worse than 65.82% of 1141
companies
in the Asset Management industry
Industry Median: -0.8
vs MAIN: -4.60
Main Street Capital (NYSE:MAIN) 3-Year Share Buyback Ratio Explanation
A negative number means the company might be issuing new shares. A positive number indicates that the company is buying back shares.
Be Aware
Investors usually like share buybacks. But as pointed by Warren Buffett, only if a company buys back shares at the prices below the stock's intrinsic value, it rewards remaining shareholders. If a company buys its overvalued stocks back, it destroys shareholder value.
Main Street Capital 3-Year Share Buyback Ratio Related Terms
MAIN vs HASI, OTF, OBDC: 3-Year Share Buyback Ratio Comparison
For the Asset Management subindustry, Main Street Capital's 3-Year Share Buyback Ratio, along with its competitors' market caps and 3-Year Share Buyback Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Main Street Capital 3-Year Share Buyback Ratio vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Main Street Capital's 3-Year Share Buyback Ratio distribution charts can be found below:
* The bar in red indicates where Main Street Capital's 3-Year Share Buyback Ratio falls into.
Main Street Capital 3-Year Share Buyback Ratio Calculation
This is the annualized percentage change in shares outstanding from three years ago to the current year. The annualized percentage change is calculated with expontential compound based on the latest four years of annual data on Shares Outstanding (EOP).
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.
What does a 3-Year Share Buyback Ratio of -4.60 mean?
Main Street Capital (MAIN) has a 3-Year Share Buyback Ratio of -4.60 as of Jun. 2026. The 3-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past three years. It is calculated as the annualized percentage change in shares outstanding from three years ago to the current year. View historical data for Main Street Capital and its competitors. According to the industry distribution chart, Main Street Capital ranks #751 out of 1141 companies in the Asset Management industry, placing it in the top 65.8%.
Is Main Street Capital's 3-Year Share Buyback Ratio too high?
Main Street Capital's current 3-Year Share Buyback Ratio is -4.60. Based on the distribution chart, Main Street Capital ranks #751 out of 1141 companies in the Asset Management industry, which is below the industry midpoint. Overall, Main Street Capital has a GF Score™ of 69/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Main Street Capital's 3-Year Share Buyback Ratio compare to HASI and OTF?
According to the Asset Management industry distribution chart, Main Street Capital ranks #751 out of 1141 companies for 3-Year Share Buyback Ratio. This places Main Street Capital in the lower half of its industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year Share Buyback Ratio for an Asset Management company?
A good 3-Year Share Buyback Ratio depends on the Asset Management industry context. However, 3-Year Share Buyback Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year Share Buyback Ratio mean?
A high 3-Year Share Buyback Ratio can signal that a stock is expensive relative to its fundamentals. The 3-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past three years. It is calculated as the annualized percentage change in shares outstanding from three years ago to the current year. View historical data for Main Street Capital and its competitors. Main Street Capital's current 3-Year Share Buyback Ratio is -4.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Main Street Capital stock overvalued right now?
Based on GuruFocus' analysis, Main Street Capital (MAIN) is currently considered Modestly Overvalued. The stock's GF Value™ is $50.38, compared to a current price of $58.55 — trading 16.2% above its estimated fair value. The current 3-Year Share Buyback Ratio is -4.60. Main Street Capital's overall GF Score™ is 69/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year Share Buyback Ratio calculated?
3-Year Share Buyback Ratio is calculated from a company's financial statements. For Main Street Capital (MAIN), the current 3-Year Share Buyback Ratio is -4.60 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Main Street Capital (MAIN) Overvalued in 2026?
Based on GuruFocus' analysis, Main Street Capital stock appears to be overvalued.
The current stock price of $58.55 is trading 16.2% above its estimated GF Value™ of $50.38.
GuruFocus considers Main Street Capital to be Modestly Overvalued.
Key valuation signals for MAIN:
3-Year Share Buyback Ratio: -4.60
GF Value™: $50.38 vs. price of $58.55 (16.2% above fair value)
No single metric tells the full story. See the MAIN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Main Street Capital Corp is a principal investment firm focused on providing customized long-term debt and equity capital solutions to lower middle market ("LMM") companies and debt capital to private ("Private Loan") companies owned by or in the process of being acquired by a private equity fund. The group invests principally in secured debt investments, equity investments, warrants, and other securities of LMM companies, typically based in the U.S. The company operates as a single segment with a principal investment objective to maximize total return by generating current income from debt investments and current income and capital appreciation from equity and equity-related investments.
69GF Score
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3-Year Share Buyback Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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