Capital Southwest Corporation CSWC
- Market cap
- $1.5B
- P/E
- 12.2×
Follow CSWC
Target Price Range
Analyst price targets
Free account| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 15.04 | 14.85 | 19.06 | 7.39 | 17.55 | 16.28 | 16.34 | 20.68 | 17.46 | 21.17 |
Analyst estimates 2027–2029 Powerpack |
Low Price
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| 17.76 | 24.21 | 22.90 | 21.71 | 28.41 | 26.61 | 24.29 | 27.23 | 23.86 | 25.75 |
High Price
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| 17 | 19 | 22 | 22 | 21 | 23 | 26 | 27 | 30 | 36 |
Employees
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| 1 | 2 | 2 | 3 | 3 | 4 | 5 | 7 | 7 | 6 |
Revenue/Emp
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| 23 | 35 | 52 | 62 | 68 | 82 | 119 | 178 | 204 | 232 |
Revenue
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| 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% |
Gross Margin
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| 25 | 40 | 34 | (20) | 53 | 43 | 33 | 84 | 73 | 114 |
EBT
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| 107.58% | 112.46% | 65.74% | (32.70%) | 78.35% | 52.82% | 28.02% | 47.34% | 35.62% | 49.17% |
EBT Margin
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| 23 | 39 | 33 | (22) | 51 | 43 | 33 | 83 | 71 | 113 |
Net Income
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| 0 | 0 | 0 | 0 | 0 | (1) | (1) | (1) | (1) | (3) |
Depreciation
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| 1.48 | 2.19 | 3.10 | 3.45 | 3.57 | 3.60 | 3.97 | 4.37 | 4.31 | 4.11 |
Revenue/Sh
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| 1.46 | 2.45 | 1.98 | (1.24) | 2.67 | 1.87 | 1.10 | 2.05 | 1.47 | 1.98 |
Earnings/Sh
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| (5.66) | (3.97) | (5.66) | (2.66) | (3.58) | (8.00) | (7.57) | (4.63) | (4.58) | (3.42) |
Cash Flow/Sh
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| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | (0.09) | (0.01) | 0.00 | (0.04) | (0.01) |
Capex/Sh
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| (5.66) | (3.97) | (5.66) | (2.66) | (3.58) | (8.09) | (7.58) | (4.63) | (4.61) | (3.43) |
Free CF/Sh
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| 18.01 | 19.18 | 19.49 | 15.12 | 17.64 | 18.43 | 19.67 | 18.55 | 18.62 | 17.88 |
Book Value/Sh
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| 16 | 16 | 17 | 18 | 19 | 23 | 30 | 41 | 47 | 57 |
Shares
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| 11.50 | 6.89 | 10.91 | 0.00 | 8.33 | 12.56 | 16.02 | 12.05 | 15.18 | 11.12 |
PE Ratio
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| 11.40 | 7.69 | 6.97 | 3.31 | 6.21 | 6.59 | 4.47 | 5.65 | 5.18 | 5.39 |
PS Ratio
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| 0.94 | 0.88 | 1.11 | 0.76 | 1.26 | 1.29 | 0.90 | 1.33 | 1.20 | 1.24 |
PB Ratio
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| 11.51 | 8.61 | 9.50 | 5.57 | 7.50 | 9.41 | 7.24 | 7.79 | 7.47 | 7.68 |
EV/Sales
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| (3.02) | (4.73) | (5.20) | (7.21) | (7.48) | (4.24) | (3.80) | (7.36) | (6.98) | (9.20) |
EV/FCF
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| (90) | (64) | (95) | (48) | (68) | (183) | (227) | (188) | (217) | (194) |
Op' Cash Flow
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| — | — | — | — | — | (2) | 0 | 0 | (2) | 0 |
Capex
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| (90) | (64) | (95) | (48) | (68) | (185) | (227) | (189) | (219) | (194) |
FCF
|
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| 19 | (47) | (56) | (122) | (218) | (262) | (245) | (295) | (366) | (505) |
Working Cap'
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| 25 | 40 | 141 | 154 | 120 | 243 | 351 | 414 | 514 | 563 |
Total Debt
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| 3 | 32 | 131 | 140 | 88 | 232 | 330 | 381 | 469 | 533 |
Net Debt
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| 285 | 308 | 326 | 272 | 336 | 421 | 590 | 756 | 884 | 1,011 |
Sh' Equity
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| 7.69% | 10.58% | 6.82% | (3.93%) | 7.71% | 5.01% | 2.97% | 5.93% | 4.06% | 5.51% |
ROA
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| 2.10% | 3.02% | 3.39% | 6.99% | 7.66% | 4.15% | 4.69% | 6.10% | 5.57% | 5.53% |
ROIC
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| 8.42% | 13.25% | 10.42% | (7.47%) | 16.72% | 11.31% | 6.54% | 12.39% | 8.52% | 11.80% |
ROE
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Capital Southwest Corporation peers in Asset Management
| Company | Market cap | P/E | Compare |
|---|---|---|---|
| PAX Patria Investments Limited | $1.6B | 22.8× | Compare |
| TRIN Trinity Capital Inc. | $1.7B | 10.1× | Compare |
| TSLX Sixth Street Specialty Lending, Inc. | $1.7B | 19.1× | Compare |
| MSDL Morgan Stanley Direct Lending Fund | $1.2B | 20.7× | Compare |
| Company | Market cap | P/E | Compare |
|---|---|---|---|
| PSEC Prospect Capital Corporation | $1.2B | 43.8× | Compare |
| GSBD Goldman Sachs BDC, Inc. | $1.1B | 18.3× | Compare |
| OCSL Oaktree Specialty Lending Corp. | $1.1B | 25.2× | Compare |
| BBDC BARINGS BDC, INC. | $902.6M | 10.4× | Compare |
Capital Southwest Corporation (CSWC) key facts
- Capital Southwest Corporation (CSWC) is an Asset Management company in the Financial sector, listed on Nasdaq.
- Capital Southwest Corporation’s revenue for fiscal 2026 (year ended March 2026) was $232.1 million, up 13.5% from fiscal 2025.
- As of September 25, 2026, CSWC traded at $23.13, a market capitalization of $1.5 billion.
- Capital Southwest Corporation pays an annual dividend of $2.36 per share, a yield of 10.3%, with a payout ratio of 137.4%.
- Return on equity was 11.8% and debt-to-equity 0.62.
Capital Southwest Corporation (CSWC) Latest News
20 Sep
Capital Southwest Corporation stands to benefit if the SBA leverage program is expanded and a new bond offering closes, potentially boosting its capital base and lending capacity in the lower middle market. The combination would raise CSWC's leverage limits and funding mix, enabling more middle-market debt and equity transactions and a higher-growth pipeline. Proponents say SBA-backed leverage can lower funding costs and extend loan tenors, while the bond offering would diversify capital sources and potentially improve liquidity. Critics warn increased debt could raise interest-rate and refinancing risks and compress spreads in a crowded market. If executed, the move could shift CSWC's narrative toward greater scale in its core niche, influence portfolio diversity, and alter earnings dynamics through higher interest income and fee-based activity. Timing and terms remain under review. Expanded debt capacity and new funding sources could materially boost CSWC's growth runway in the lower middle market.
17 Sep
Capital Southwest Corporation received SBA approval to increase the leverage commitment available to Capital Southwest SBIC II, LP, expanding its borrowing capacity for investment activities. Increased leverage capacity directly supports greater investment deployment by Capital Southwest's SBIC subsidiary.
8 Sep
Capital Southwest expanded its revolver to $595M and reduced the spread to 2%. Cheaper capacity raises question whether benefits outweigh added credit risk. Revolver expansion at lower spread improves liquidity and borrowing costs with moderate effects on financial flexibility and risk profile.
2 Sep
Capital Southwest Corporation increased its corporate credit facility to $595 million and extended the maturity to September 2031. Expanded credit facility and longer maturity improve liquidity and debt management for Capital Southwest Corporation.
1 Sep
Capital Southwest shareholders approved a proposal to increase the company's authorized shares. Approval expands flexibility for future equity issuances that could support growth or acquisitions.
22 Aug
Private-credit funds deliver over 10% yields that banks cannot match, generating $10,000 annual income from $100K investments with Capital Southwest Corporation active in the sector. Sector-wide yield promotion lifts Capital Southwest Corporation visibility and near-term investor interest without altering core operations.
11 Aug
Capital Southwest’s Q2 earnings call featured five analyst questions on performance metrics, strategy, and outlook. Q2 earnings call questions provide analyst insights into Capital Southwest operational and financial expectations.
10 Aug
Capital Southwest (CSWC) held its Q1 2027 earnings call. Quarterly earnings call provides performance updates and outlook with moderate effects on investor sentiment and stock trajectory.
4 Aug
Capital Southwest Corp (CSWC) Q1 2027 earnings call highlighted strong originations supporting operational growth and portfolio expansion. Strong originations point to solid new investment activity with moderate effects on near-term financial results.
Capital Southwest Corporation held its Q1 earnings call covering revenue, net investment income, portfolio activity, and forward guidance. Q1 earnings updates deliver moderate influence on valuation via refreshed performance data and outlook.
Capital Southwest Corporation summarized its Q1 2027 earnings call. Earnings call updates moderately influence near-term financial outlook and investor sentiment.
3 Aug
Capital Southwest Corporation reported financial results for its first fiscal quarter ended June 30, 2026. Quarterly results announcements can move stock prices and affect near-term investor sentiment.
1 Aug
Capital Southwest Corporation is scheduled to report second-quarter earnings, with key metrics including revenue, net investment income, and portfolio performance highlighted for investor review ahead of the release. Quarterly earnings data directly shapes investor views on CSWC's financial results and near-term valuation.
23 Jul
Capital Southwest (CSWC) faces valuation challenges after shareholder votes at its annual meeting and updates to earnings guidance. Annual meeting votes and earnings guidance updates can shift market views on CSWC valuation and operations outlook.
22 Jul
Capital Southwest updated income guidance and delayed share authorization, raising questions on whether these changes alter the positive outlook for the company's performance and investor positioning. Revised income guidance and delayed share authorization introduce moderate shifts in financial outlook and capital structure without fundamentally redefining company trajectory.
16 Jul
Capital Southwest (CSWC) released Q1 earnings, prompting buy/sell/hold analysis on the stock based on results and outlook. Q1 earnings release may moderately influence CSWC stock performance and sentiment without fundamentally altering long-term trajectory.
18 May
CSWC posted Q1 origination growth with resilience across lower middle market investments and sustained capital strength supporting ongoing operations. Q1 origination growth and capital metrics indicate moderate influence on near-term performance expectations and market positioning.
17 May
Capital Southwest Corporation posted robust fiscal 2026 results that support its current valuation and ongoing dividend payments. Strong fiscal results and sustained dividends moderately improve near-term financial perception and investor sentiment for Capital Southwest.
14 May
Capital Southwest Corporation (CSWC) highlighted robust portfolio growth, strong financial performance, and positive outlook in its Q4 2026 earnings call. Robust portfolio growth in Q4 2026 earnings directly boosts CSWC's financial trajectory and investor sentiment.
Capital Southwest Corporation (CSWC) released its Q4 2026 earnings call transcript, detailing quarterly financial performance, investment portfolio updates, dividend declarations, and management's outlook on market conditions and future strategy. Q4 2026 earnings transcript discloses core financial results, NAV changes, and guidance that directly shape CSWC's valuation and investor expectations.
Capital Southwest Corporation (CSWC) released Q4 earnings call highlights detailing financial performance, portfolio updates, and future outlook. Q4 earnings highlights disclose key financial results and strategic insights that significantly influence CSWC's valuation and market trajectory.
Capital Southwest Corporation released Q4 2026 earnings call summary highlighting financial results, portfolio performance, and outlook. Q4 earnings call summary reveals key financial metrics and strategic guidance directly impacting CSWC's valuation and investor outlook.
Capital Southwest Corporation (CSWC) released its Q1 report, highlighting key details ahead of the earnings call. Q1 report preview affects financial performance expectations and investor sentiment moderately.
13 May
Capital Southwest Corporation (CSWC) reported Q4 earnings surpassing analyst estimates. Surpassing Q4 earnings estimates signals strong financial performance, likely driving positive investor sentiment and stock gains.
Capital Southwest Corporation announced financial results for its fourth fiscal quarter and fiscal year ended March 31, 2026. Year-end financial results disclosure significantly impacts investor sentiment, stock price, and assessments of CSWC's operational performance and future prospects.
6 May
Capital Southwest Corporation (CSWC) maintains a steady 11.3% yield as other Business Development Companies (BDCs) falter in 2026. CSWC's resilient 11.3% yield amid widespread BDC struggles in 2026 boosts its competitive edge and investor confidence.
Capital Southwest (CSWC) earnings are expected to grow ahead of next week's release, highlighting key factors to watch including analyst estimates, historical performance, and potential stock reaction. Expected earnings growth signals moderately noticeable influence on CSWC's financial performance and short-term market sentiment.
27 Apr
Capital Southwest Corporation (CSWC) investment story evolves as analysts gradually shift their assumptions. Gradual analyst assumption shifts moderately influence CSWC's market sentiment and valuation trajectory.
17 Apr
Capital Southwest (CSWC) valuation reviewed after preliminary Q4 results and income outlook shift. Preliminary Q4 results and income outlook shift signal significant changes to CSWC's financial trajectory and investor sentiment.
16 Apr
Capital Southwest Corporation announced preliminary estimates for its fourth quarter 2026 operating results, plus the schedule for its earnings release and conference call. Preliminary Q4 2026 operating results estimates can significantly sway investor sentiment and CSWC stock price before full earnings disclosure.