Income statement, balance sheet and cash flow statement for the last 10 fiscal years, taken from the XBRL data CAPITAL SOUTHWEST CORP files with the SEC in its annual reports.
In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.
Income statement
FY2011
FY2011
FY2011
FY2012
FY2021
FY2023
FY2023
FY2024
FY2025
FY2026
Revenue
6.11
7.57
9.33
10.8
General and administrative
3.12
4.08
4.63
5.24
6.24
6.95
Operating expenses
3.9
5.64
6.67
8.34
Interest expense
17.9
19.9
28.9
43.1
Income tax
0.82
24.6
1.25
1.13
2.44
0.62
0.33
0.94
2.27
1.12
Net income
50.9
42.8
33.1
83.4
70.5
113
EPS, basic
1.26
1.42
1.74
2.05
1.47
1.98
EPS, diluted
1.26
1.42
1.74
2.05
1.47
1.90
Shares, basic (weighted)
25.1
30.1
39.5
40.7
47.4
56.5
Shares, diluted (weighted)
25.1
30.1
39.5
40.7
51.2
65.8
Balance sheet
FY2011
FY2011
FY2011
FY2012
FY2021
FY2023
FY2023
FY2024
FY2025
FY2026
Cash and equivalents
4.09
45.5
64.9
81.8
31.6
11.4
21.6
32.3
43.2
29
Lease right-of-use assets
1.8
1.8
2.4
3.9
3.7
Total assets
543
633
668
974
1,258
1,557
1,883
2,178
Total liabilities
3.98
4.28
7.9
553
667
801
999
1,167
Total debt
529
638
771
956
1,131
Paid-in capital
-174
178
184
448
647
797
959
1,075
Retained earnings
-10.3
-41.8
-52.5
-88.7
-79
Treasury stock
23.9
-23.9
-23.9
-23.9
-23.9
0
Shareholders' equity
633
668
336
421
590
756
884
1,011
Total equity
633
668
336
421
590
756
884
1,011
Total liabilities and equity
487
539
629
660
974
1,258
1,557
1,883
2,178
Shares outstanding
3.75
27.7
32.9
47.5
45.1
52.9
60.6
Cash flow statement
FY2011
FY2011
FY2011
FY2012
FY2021
FY2023
FY2023
FY2024
FY2025
FY2026
Net income
50.9
42.8
33.1
83.4
70.5
113
Depreciation and amortization
0.03
0.03
0.03
0.03
1.97
2.23
2.75
4.3
5.87
6.97
Stock-based compensation
0.68
0.96
1.05
2.94
3.59
3.71
4.52
6.96
4.98
Deferred income tax
3.78
2.4
6.37
-0.12
4.78
-4.27
Cash from operations
-6.82
68.2
23.5
94.3
-68.3
-183
-227
-188
-217
-194
Capital expenditures
0
-2
-0.28
-0.01
-1.67
-0.29
Sales and maturities of investments
5.19
71.1
32.5
99.5
Cash from investing
0
-2
-0.28
-0.01
-1.67
-0.29
Stock issued
0
0.75
0.1
3.98
50.4
98.1
203
181
178
158
Dividends paid
0
0
-77.3
-39.9
-58.6
-71.1
-103
-125
-147
Cash from financing
-3.81
-26.8
-4.15
-77.5
86.1
164
238
199
232
178
Net change in cash
-10.6
41.4
19.4
16.9
17.9
-20.2
10.2
10.7
12.6
-15.4
Free cash flow
-68.3
-185
-227
-189
-219
-194
Interest paid
11.7
18.4
25.5
37.8
46.6
63.8
Income taxes paid
0
0
0
0.59
1.46
0.46
1.9
1.18
1.44
12.3
Key metrics
Worked out from the statements above. Latest values use the trailing twelve months to June 30, 2026; growth uses fiscal years. Valuation uses the share price of $23.13 on September 25, 2026.
Profitability
Metric
Value
How it is calculated
Return on equity (ROE)
10.5%
Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)
4.8%
Net income / average total assets.
Growth
Metric
Value
How it is calculated
Net income growth, 1y
60.2%
Net income vs the same period a year earlier. Only from a positive base.
Net income CAGR, 3y
50.6%
Compound annual growth of net income over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Net income CAGR, 5y
17.3%
Compound annual growth of net income over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
EPS growth, 1y
29.3%
EPS vs the same period a year earlier. Only from a positive base.
EPS CAGR, 3y
3.0%
Compound annual growth of eps over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
EPS CAGR, 5y
8.6%
Compound annual growth of eps over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Book value growth, 1y
14.4%
Book value vs the same period a year earlier. Only from a positive base.
Book value CAGR, 3y
19.6%
Compound annual growth of book value over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Book value CAGR, 5y
24.6%
Compound annual growth of book value over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Total assets growth, 1y
15.7%
Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y
20.1%
Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Share count change, 1y
28.6%
Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y
18.5%
Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 5y
21.3%
Change in diluted weighted shares, per year over 5 years. Negative means buybacks shrank the share count; positive means dilution.
Balance sheet health
Metric
Value
How it is calculated
Debt / equity
1.15x
Total debt / shareholders' equity. Not shown when equity is negative.
Debt / assets
52.7%
Total debt / total assets.
Liabilities / assets
54.3%
Total liabilities / total assets.
Net debt
$1.16B
Total debt - cash - short-term investments. Negative means more cash than debt.
Free cash flow / net income, when net income is positive.
Per share
Metric
Value
How it is calculated
EPS, diluted
$1.57
Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
FCF per share
-$4.33
Free cash flow / diluted weighted shares.
Operating cash flow per share
-$4.32
Cash from operations / diluted weighted shares.
Book value per share
$16.61
Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Dividends paid / net income, when net income is positive.
Valuation
Metric
Value
How it is calculated
Market cap
$1.47B
Share price x shares outstanding.
Enterprise value
$2.64B
Market cap + total debt - cash - short-term investments.
P/E
13.3x
Market cap / net income. Only when net income is positive.
P/B
1.39x
Market cap / shareholders' equity. Only when equity is positive.
Price / tangible book
1.39x
Market cap / tangible book value, when positive.
FCF yield
-20.7%
Free cash flow / market cap.
Earnings yield
7.5%
Net income / market cap (the inverse of P/E).
Dividend yield
10.3%
Dividends paid over the period / market cap.
Shareholder yield
10.3%
(Dividends paid + share buybacks) / market cap.
PEG
4.44x
P/E / EPS growth per year over 3 years (in percent). Only when both are positive.
Was CAPITAL SOUTHWEST CORP profitable in fiscal 2026?
Yes. Net income was $113.0M, a net margin of -.
How much free cash flow did CAPITAL SOUTHWEST CORP generate in fiscal 2026?
Cash from operations of $193.5M minus capital expenditures of $286.0K left free cash flow of -$193.8M.
Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.