Capital Southwest Corporation
capitalsouthwest.comWhat Do They Do?
Provides customized loans and equity financing to lower middle-market companies, supporting growth, ownership changes and other corporate events.
10-K for FY2026, filed May 19, 2026
How Do They Make Money?
It earns interest on loans to portfolio companies and dividends from their stock. Interest is counted when collection is expected, while dividends are counted when portfolio companies declare them.
10-K for FY2026, filed May 19, 2026Interest and dividend income is recorded on an accrual basis to the extent amounts are expected to be collected. Dividend income is…View ↗
$136.6M
-
10-K for FY2026, filed May 19, 2026
$136.6M ↗
Who Are Their Customers?
Provides financing directly to lower middle-market companies, partnering with their owners, management teams and financial sponsors.
10-K for FY2026, filed May 19, 2026
Do Revenues Turn Into Profits?
Yes. It kept 83 cents of every revenue dollar as net income in FY2026, but spent more cash than it brought in: free cash flow was −$193.8M.
How Are They Changing?
Growing. Revenue grew 3.2x in 4 years, from $43.3M in FY2022 to $136.6M in FY2026, about 33% a year.
Narrower lending focus
The older report described debt financing for upper middle-market companies as well as lower middle-market lending, including second-lien loans. The latest report centers on lower middle-market financing and primarily first-lien debt.
10-K for FY2023, filed May 23, 2023 10-K for FY2026, filed May 19, 2026
Loading...
