CSWC
Capital Southwest Corporation
NASDAQ: CSWC · FINANCIAL SERVICES · ASSET MANAGEMENT
$24.00
+2.04% today
Updated 2026-04-30
Market cap
$1.42B
P/E ratio
12.99
P/S ratio
6.24x
EPS (TTM)
$1.81
Dividend yield
9.83%
52W range
$18 – $24
Volume
0.7M
Capital Southwest Corporation (CSWC) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $4.84M | $6.97M | $6.79M | $13.99M | $78.37M | $59.45M | $99.80M | $116.79M | $120.36M | $66.11M | $14.55M | $39.38M | $53.19M | $61.05M | $15.60M | $72.58M | $102.93M | $90.33M | $152.15M | $163.81M |
| Revenue growth (YoY) | — | +44.1% | -2.5% | +105.8% | +460.4% | -24.1% | +67.9% | +17.0% | +3.0% | -45.1% | -78.0% | +170.7% | +35.1% | +14.8% | -74.4% | +365.2% | +41.8% | -12.2% | +68.4% | +7.7% |
| Cost of revenue | $436021.00 | $460399.00 | $2.94M | $3.63M | $3.87M | $1.06M | $1.28M | $1.61M | $1.80M | $2.60M | $11.18M | $989000.00 | $927000.00 | $12.18M | $15.84M | $1.97M | $19.92M | $28.87M | $43.09M | $54.96M |
| Gross profit | $4.40M | $6.51M | $6.79M | $13.99M | $78.37M | $59.45M | $99.80M | $116.79M | $120.36M | $66.11M | $14.55M | $38.39M | $52.27M | $48.87M | $-236000.00 | $72.58M | $83.00M | $61.45M | $109.06M | $108.85M |
| Gross margin | 91.0% | 93.4% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 97.5% | 98.3% | 80.1% | -1.5% | 100.0% | 80.6% | 68.0% | 71.7% | 66.4% |
| R&D | — | — | — | — | — | — | $0.00 | $0.00 | — | — | — | $0.00 | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — |
| SG&A | $1.21M | $1.36M | $1.62M | $2.04M | $1.43M | $1.88M | $2.27M | $2.74M | $2.79M | $5.75M | $11.43M | $4.43M | $4.42M | $4.80M | $5.75M | $5.31M | $6.57M | $7.81M | $8.95M | $10.93M |
| Operating income | $2.45M | $4.29M | $3.83M | $10.32M | $74.47M | $53.81M | $93.12M | $108.42M | $111.27M | $53.71M | $-6.68M | $25.58M | $44.24M | $33.93M | $-16.14M | $55.56M | $46.84M | $40.07M | $84.60M | $79.41M |
| Operating margin | 50.6% | 61.5% | 56.3% | 73.8% | 95.0% | 90.5% | 93.3% | 92.8% | 92.5% | 81.2% | -45.9% | 64.9% | 83.2% | 55.6% | -103.5% | 76.6% | 45.5% | 44.4% | 55.6% | 48.5% |
| EBITDA | $2.46M | $4.30M | $3.86M | $10.36M | $74.50M | $53.84M | $93.15M | $108.45M | $111.29M | $53.77M | $-6.59M | $26.04M | $45.17M | $35.32M | $-13.74M | $57.53M | $49.07M | $42.82M | $88.91M | $85.28M |
| EBITDA margin | 50.9% | 61.7% | 56.8% | 74.1% | 95.1% | 90.6% | 93.3% | 92.9% | 92.5% | 81.3% | -45.3% | 66.1% | 84.9% | 57.9% | -88.1% | 79.3% | 47.7% | 47.4% | 58.4% | 52.1% |
| EBIT | $2.45M | $4.29M | $3.83M | $10.32M | $74.47M | $53.81M | $93.12M | $108.42M | $111.27M | $53.71M | $-6.68M | $25.58M | $44.24M | $33.93M | $-16.14M | $55.56M | $46.84M | $40.07M | $84.60M | $79.41M |
| Interest expense | $436021.00 | $460399.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $989000.00 | $4.88M | $12.18M | $15.84M | $17.94M | $19.92M | $28.87M | $43.09M | $54.96M |
| Income tax | $59220.00 | $-53324.00 | $111160.00 | $136176.00 | $930000.00 | $126000.00 | $118000.00 | $590000.00 | $-739000.00 | $270000.00 | $-1.28M | $2.10M | $62000.00 | $870000.00 | $6.21M | $4.68M | $4.03M | $6.97M | $1.21M | $8.87M |
| Effective tax rate | 0.1% | -0.0% | -0.1% | -0.1% | 1.2% | 0.2% | 0.1% | 0.5% | -0.7% | 0.5% | 19.1% | 8.2% | 0.2% | 2.6% | -38.4% | 8.4% | 8.6% | 17.4% | 1.4% | 11.2% |
| Net income | $96.19M | $166.88M | $-139.01M | $-138.31M | $73.54M | $53.69M | $93.01M | $107.83M | $112.01M | $53.44M | $-5.40M | $23.47M | $39.31M | $33.06M | $-22.35M | $50.88M | $42.81M | $33.09M | $83.39M | $70.55M |
| Net income growth (YoY) | — | +73.5% | -183.3% | +0.5% | +153.2% | -27.0% | +73.2% | +15.9% | +3.9% | -52.3% | -110.1% | +534.7% | +67.4% | -15.9% | -167.6% | +327.7% | -15.9% | -22.7% | +152.0% | -15.4% |
| Profit margin | 1987.8% | 2393.4% | -2045.9% | -989.0% | 93.8% | 90.3% | 93.2% | 92.3% | 93.1% | 80.8% | -37.1% | 59.6% | 73.9% | 54.1% | -143.3% | 70.1% | 41.6% | 36.6% | 54.8% | 43.1% |