MSC Income Fund, Inc.

MSC Income Fund, Inc.

MSIF
MSC Income Fund, Inc.US flagNew York Stock Exchange
11.91
USD
-0.19
- -
540.06MMarket Cap
MSC Income Fund, Inc.
MSIF
(New York Stock Exchange)

Recent

price

11.91

P/E

ratio

- -

div

yld

- -

ROIC.AI

2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
-0.19
1.77
1.4
1.04
1.12
-0.11
2.06
1.29
1.86
1.56
2.1
2.06
Revenue per Share
-0.18
1.67
1.32
1.01
1
-0.25
1.84
1.14
1.65
1.41
1.91
1.84
Basic EPS, GAAP
-10.69
-1.8
0.31
-1
3.02
4.94
-4.79
1.92
1.25
-0.7
-1.51
-0.35
Free Cash Flow per Basic Share
0.38
0.56
0.66
0.72
0.76
0.47
0.47
0.83
0.91
0.99
1.11
1.25
Dividend per Share
- -
- -
-0.95
-1.34
-1.66
-2.59
-1.73
-1.86
-1.59
-1.61
-0.93
-0.99
Book Value per Share
- -
15.02
16.27
15.71
15.31
14.63
15.35
15.24
15.51
15.55
15.89
15.36
Tangible Book Value per Share
40
40
40
40
40
40
40
40
40
40
46
47
Basic Weighted Avg Shares
-7
70
56
41
44
-4
82
52
75
63
97
96
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Operating Margin (%)
1
2
3
2
2
2
- -
- -
- -
- -
- -
- -
Depreciation Expense
-7
67
53
40
40
-10
74
46
66
57
89
86
Net Income, GAAP
- -
- -
- -
- -
2.03
- -
2.5
3.48
5.39
1.92
4.02
6.74
Effective Tax Rate (%)
94.63
94.47
94.27
97.13
89.07
224.49
89.38
88.1
88.47
90.18
91.02
89.31
Profit Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Working Capital
- -
413
430
509
445
302
503
471
485
565
603
649
LT Debt
- -
598
648
625
609
580
613
610
622
625
739
720
Total Equity
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
182,421.92
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
47
47
45
Market Capitalization
588
611
571

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
18
21
16
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
5.18%
18.2%
Free Cash Flow
-134.27%
-75.51%
150.57%
Net Income, GAAP
-202.94%
-160.96%
56.89%
Sales/Revenue/Turnover
-315.22%
-389.52%
55.45%
Total Cash Common Dividend
16.59%
25.35%
29.72%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
13
22
11
17
63
2025
16
20
30
33
97
2026
15
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.26
0.45
0.18
0.51
1.41
2025
0.36
0.35
0.56
0.64
1.91
2026
0.29
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.24
0.25
0.25
0.25
0.99
2025
0.22
0.26
0.26
0.36
1.11
2026
0.36
- -
- -
- -
- -
Business
MSC Income Fund, Inc. (NYSE: MSIF) operates as a business development company that primarily provides debt capital to private companies owned by or in the process of being acquired by private equity funds; it also offers customized long-term debt and equity financing solutions to lower middle-market companies with annual revenues generally between $10 million and $150 million. The fund invests in senior secured term loans, first lien senior secured revolvers, delayed draw term loans, second lien loans, mezzanine debt, and selected equity co-investments, supporting leveraged buyouts, recapitalizations, growth financings, refinancings, and acquisitions across diverse industry sectors including industrial distribution, manufacturing, HVAC services, janitorial services, and datacenter operations. Founded in 2011 and headquartered at 1300 Post Oak Boulevard in Houston, Texas, the company focuses its investments on U.S.-based middle-market and lower middle-market firms with revenues typically ranging from $25 million to $500 million in its private loan strategy. Managed by a wholly owned subsidiary of Main Street Capital Corporation (NYSE: MAIN), MSC Income Fund emphasizes a private loan-only investment approach to generate current income via dividends, distinguishing it from its parent with a targeted high-yield portfolio. Recent developments include its January 2025 public listing on the New York Stock Exchange under the ticker MSIF following a proposed public offering; a name change from HMS Income Fund after shareholder approval of a new advisory agreement with Main Street's subsidiary as sole investment adviser; significant portfolio expansion with $94.2 million in new or increased private loan commitments and $74.6 million funded in Q3 2025, including major first lien senior secured facilities to HVAC/plumbing providers, chemical manufacturers, and specialty service firms; and maintenance of a $245 million corporate credit facility with an accordion to $300 million at a 6.2% SOFR-based rate as of late 2025.

Company News

APIChat
  • MSC Income Fund: Steep Discount Improves Setup, But 1 Huge Reason Keeps Me From Upgrading

  • The High-Yield Stocks the Smart Money Is Buying Right Now

  • MSC Income Fund Inc (MSIF) Shares Fall 3.1% -- What GF Score of 44 Tells Investors

  • MSC Income Fund: The Discount Looks Compelling As The NAV Grows (Rating Upgrade)

  • Top Monthly Paying BDCs For Durable Retirement Income

  • MSC Income Fund, Inc. (MSIF) Q1 2026 Earnings Call Transcript

  • MSC INCOME FUND ANNOUNCES FIRST QUARTER 2026 RESULTS

  • MSC Income Fund Announces Transition from Quarterly to Monthly Regular Dividends Beginning in July 2026

  • Main Street Announces Follow-On Investment

  • MSC Income Fund: Disappointing Start, Bright Future

  • MSC Income Fund Announces First Quarter 2026 Earnings Release and Conference Call Schedule

  • MSC Income Fund Announces First Quarter 2026 Private Loan Portfolio Activity

  • Main Street Announces Follow-On Investment

  • KBRA Assigns Rating to MSC Income Fund, Inc.'s $150 Million Senior Unsecured Notes Due 2029

  • MSC Income Fund Announces Completion of $150.0 Million Investment Grade Notes Offering

  • Main Street Announces Follow-On Investments

  • MSC Income Fund, Inc. (MSIF) Q4 2025 Earnings Call Transcript

  • MSC INCOME FUND ANNOUNCES 2025 FOURTH QUARTER AND ANNUAL RESULTS

  • MSC Income Fund Announces Regular Quarterly Dividend and Supplemental Dividend

  • Main Street Announces Follow-On Investment