Capital Southwest Corporation CSWC

23.13 0.09 0.39% as of 25 Sep
Market cap
$1.5B
P/E
12.2×
Growth Flags show if company had growth for consecutive years

Insider Decisions

in millions of $
Nov 25 Feb 26 May 26 Aug 26
Buy — — — — — — — — — — — —
Sell — — — — — — — — — — — —
Insider Ownership 0.00%

Capital & Financial Ratios

Market Cap 1,470.00
Revenue 237.21
Net Income 110.73
Free Cash Flow (304.87)
Net Debt 593.05
Current Ratio 0.17
Debt/Equity 0.62
P/E ratio 12.23
P/S ratio 5.96
P/B ratio 1.34
Past 5Y EPS Growth 0.72%
This Y EPS Growth (2.32%)
Next Y EPS Growth 3.76%
Next 5Y EPS Growth 0.94%
in millions of $

Dividends

Payout Ratio 1.37
Annual Dividend Rate 2.36
Annual Dividend Yield 10.32%
total individual payouts
2028 Powerpack
2027 Powerpack
2026 2.41
0.19
0.19
0.19
0.19
0.19
0.06
0.19
0.19
0.19
0.19
0.19
0.06
2025 2.45
0.58
0.58
0.19
0.19
0.06
0.19
0.19
0.06
2024 1.15
0.57
0.06
0.06
0.58
2023 1.64
0.53
0.54
0.06
0.57
2022 1.98
0.48
0.48
0.50
0.52
2021 0.44
0.10
0.10
0.44
0.50
2020 0.00
0.10
0.10
0.10
0.10
2019 0.40
0.10
0.10
0.40
0.85
2018 0.64
0.28
0.60
0.10
0.36
2017 0.71
0.26
0.21
0.24
0.26
2016 0.38
0.04
0.06
0.11
0.17
predictions in italic, special payouts not included in total or ratios

Assets vs Liabilities

2024 2025 2026 Q'26
Cash 32 45 29 59
Receivables 31 32 33 40
Inventory — — — —
Other — 2 2 —
63 79 65 99
2024 2025 2026 Q'26
Payables — — — —
ST’ Debt — — — —
Other — — — —
358 445 570 571
in millions of $

Compound Annual Growth

10y 5y 3y
Sales 38.16% 27.81% 24.84%
Cash Flow 0.00% 0.00% 0.00%
Earnings 0.00% 17.05% 50.04%
Book Value 14.00% 24.63% 19.64%

Revenue

Jun Sep Dec Mar Year
’26 61 — — — —
’26 56 57 61 58 232
’25 51 49 52 52 204
’24 40 43 49 46 178
’23 23 27 33 37 119
’22 19 20 22 21 82
’21 15 17 19 17 68
in millions of $ · fiscal quarters ending in the months shown

Operating Cash Flow

Jun Sep Dec Mar Year
’26 (81) — — — —
’26 30 (71) (94) (59) (194)
’25 31 (24) (166) (59) (217)
’24 (56) (49) 18 (102) (188)
’23 (70) (26) (98) (33) (227)
’22 (100) (3) (35) (44) (183)
’21 (23) (24) 1 (23) (68)
in millions of $ · fiscal quarters ending in the months shown

Free Cash Flow

Jun Sep Dec Mar Year
’26 (81) — — — —
’26 30 (71) (94) (59) (194)
’25 31 (24) (167) (59) (219)
’24 (56) (49) 18 (102) (189)
’23 (70) (26) (98) (34) (227)
’22 (100) (3) (35) (46) (185)
’21 (23) (24) 1 (23) (68)
in millions of $ · fiscal quarters ending in the months shown

EPS

Jun Sep Dec Mar Year
’26 0.39 — — — —
’26 0.48 0.44 0.54 0.44 1.90
’25 0.31 0.48 0.34 0.35 1.47
’24 0.63 0.57 0.57 0.28 2.05
’23 0.10 0.34 0.09 0.58 1.10
’22 0.71 (0.20) 0.54 0.84 1.87
’21 0.49 0.88 0.80 0.49 2.67
fiscal quarters ending in the months shown

Target Price Range

Analyst price targets

Recommendation Rating

1.7
1Buy 2 3Hold 4 5Sell
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
17.76 24.21 22.90 21.71 28.41 26.61 24.29 27.23 23.86 25.75
High Price
17 19 22 22 21 23 26 27 30 36
Employees
1 2 2 3 3 4 5 7 7 6
Revenue/Emp
23 35 52 62 68 82 119 178 204 232
Revenue
100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
Gross Margin
25 40 34 (20) 53 43 33 84 73 114
EBT
107.58% 112.46% 65.74% (32.70%) 78.35% 52.82% 28.02% 47.34% 35.62% 49.17%
EBT Margin
23 39 33 (22) 51 43 33 83 71 113
Net Income
0 0 0 0 0 (1) (1) (1) (1) (3)
Depreciation
1.48 2.19 3.10 3.45 3.57 3.60 3.97 4.37 4.31 4.11
Revenue/Sh
1.46 2.45 1.98 (1.24) 2.67 1.87 1.10 2.05 1.47 1.98
Earnings/Sh
(5.66) (3.97) (5.66) (2.66) (3.58) (8.00) (7.57) (4.63) (4.58) (3.42)
Cash Flow/Sh
0.00 0.00 0.00 0.00 0.00 (0.09) (0.01) 0.00 (0.04) (0.01)
Capex/Sh
(5.66) (3.97) (5.66) (2.66) (3.58) (8.09) (7.58) (4.63) (4.61) (3.43)
Free CF/Sh
18.01 19.18 19.49 15.12 17.64 18.43 19.67 18.55 18.62 17.88
Book Value/Sh
16 16 17 18 19 23 30 41 47 57
Shares
11.50 6.89 10.91 0.00 8.33 12.56 16.02 12.05 15.18 11.12
PE Ratio
11.40 7.69 6.97 3.31 6.21 6.59 4.47 5.65 5.18 5.39
PS Ratio
0.94 0.88 1.11 0.76 1.26 1.29 0.90 1.33 1.20 1.24
PB Ratio
11.51 8.61 9.50 5.57 7.50 9.41 7.24 7.79 7.47 7.68
EV/Sales
(3.02) (4.73) (5.20) (7.21) (7.48) (4.24) (3.80) (7.36) (6.98) (9.20)
EV/FCF
(90) (64) (95) (48) (68) (183) (227) (188) (217) (194)
Op' Cash Flow
— — — — — (2) 0 0 (2) 0
Capex
(90) (64) (95) (48) (68) (185) (227) (189) (219) (194)
FCF
19 (47) (56) (122) (218) (262) (245) (295) (366) (505)
Working Cap'
25 40 141 154 120 243 351 414 514 563
Total Debt
3 32 131 140 88 232 330 381 469 533
Net Debt
285 308 326 272 336 421 590 756 884 1,011
Sh' Equity
7.69% 10.58% 6.82% (3.93%) 7.71% 5.01% 2.97% 5.93% 4.06% 5.51%
ROA
2.10% 3.02% 3.39% 6.99% 7.66% 4.15% 4.69% 6.10% 5.57% 5.53%
ROIC
8.42% 13.25% 10.42% (7.47%) 16.72% 11.31% 6.54% 12.39% 8.52% 11.80%
ROE
predictions in italic, sparklines do not include predictions

All 10 years →

Fiscal years to Mar 2026 · latest quarter Jun 2026

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.

Source: company filings (standardised) and stockrow calculations.

Capital Southwest Corporation (CSWC) Latest News

News by impact score

Fine-tune

20 Sep

4

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

3

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

3

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

3

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

3

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

3

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

3

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

3 transcript

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

3 transcript

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.

3 transcript

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.

3

Capital Southwest Corporation summarized its Q1 2027 earnings call. Earnings call updates moderately influence near-term financial outlook and investor sentiment.

3 Aug

3

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

4

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

3

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

3

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

3

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

3

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

3

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

4

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.

4 transcript

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.

4

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.

4

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.

3

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

4

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.

4

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

4

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.

3

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

3

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

4

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

4

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.

stockrow.com/CSWC · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com