Capital Southwest Corp (CSWC) Financial Statements
In fiscal 2026, Capital Southwest reported revenue of $232.1M, up 13.5% from $204.4M the year before. Net income was $113.0M (a 48.7% net margin), or $1.90 per diluted share. Operating activities generated -$193.5M of cash, leaving -$193.8M of free cash flow. At fiscal year end, Capital Southwest held $2.18B in total assets against $1.17B in total liabilities, including $29.0M of cash and equivalents.
Open the full interactive Capital Southwest financials → Quarterly statements, key ratios, valuation history and price charts.
Capital Southwest Key Stats
| Share Price | $23.50 |
|---|---|
| Market Cap | $1.66B |
| P/E Ratio | 12.4 |
| Dividend Yield | 9.15% |
| Revenue YoY Growth | +13.5% |
| 52-Week Range | $18.00 – $25.30 |
| Shares Outstanding | 61.1 million (basic, 2027 Q1) |
Capital Southwest Income Statement
| FY 2012 | FY 2013 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|---|
| Revenue | $9.3M | $10.8M | $119.3M | $178.1M | $204.4M | $232.1M |
| Pre-Tax Income | $1.2M | $1.1M | $33.4M | $84.3M | $72.8M | $114.1M |
| Income Tax | $1.2M | $1.1M | $329,000 | $944,000 | $2.3M | $1.1M |
| Net Income | $0 | $0 | $33.1M | $83.4M | $70.5M | $113.0M |
| Diluted EPS | — | — | $2.29 | $2.70 | $1.38 | $1.90 |
Capital Southwest Quarterly Results
| 2026 Q2 | 2026 Q3 | 2026 Q4 | 2027 Q1 | |
|---|---|---|---|---|
| Revenue | $56.9M | $61.4M | $57.8M | $61.0M |
| Net Income | $25.6M | $32.9M | $27.5M | $24.7M |
| Diluted EPS | $0.44 | $0.54 | $0.42 | $0.39 |
Capital Southwest Balance Sheet
| FY 2012 | FY 2013 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $64.9M | $81.8M | $21.6M | $32.3M | $43.2M | $29.0M |
| Total Assets | $633.0M | $667.7M | $1.26B | $1.56B | $1.88B | $2.18B |
| Total Long-Term Debt | — | — | $637.6M | $770.9M | $956.1M | $1.13B |
| Total Liabilities | $4.3M | $7.9M | $667.3M | $801.1M | $999.2M | $1.17B |
| Shareholders' Equity | $628.7M | $667.7M | $590.4M | $755.7M | $883.6M | $1.01B |
Capital Southwest Cash Flow Statement
| FY 2012 | FY 2013 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $23.5M | $94.3M | -$227.1M | -$188.5M | -$217.3M | -$193.5M |
| Cash From Investing | — | — | -$281,000 | -$13,000 | -$1.7M | -$286,000 |
| Cash From Financing | -$4.2M | -$77.5M | $237.5M | $199.2M | $231.5M | $178.4M |
| Free Cash Flow | — | — | -$227.4M | -$188.5M | -$218.9M | -$193.8M |
| Dividends Paid | — | $77.3M | $71.1M | $102.9M | $125.3M | $147.2M |
Figures from Capital Southwest's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Capital Southwest financials page for every line item.
Capital Southwest Company Profile
| Ticker | CSWC |
|---|---|
| Exchange | Nasdaq |
| Headquarters | Dallas, Texas |
| Incorporated in | Texas |
| Fiscal Year End | March 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0000017313 |
Frequently Asked Questions
What was Capital Southwest's revenue in fiscal 2026?
Capital Southwest (CSWC) reported revenue of $232.1M for fiscal 2026.
What is Capital Southwest's annual revenue history?
Capital Southwest's annual revenue by fiscal year: 2012: $9.3M; 2013: $10.8M; 2023: $119.3M; 2024: $178.1M; 2025: $204.4M; 2026: $232.1M.
What was Capital Southwest's net income in fiscal 2026?
Capital Southwest reported net income of $113.0M for fiscal 2026.
What was Capital Southwest's earnings per share (EPS) in fiscal 2026?
Capital Southwest's diluted EPS was $1.90 for fiscal 2026 (adjusted for any later stock splits).
How much free cash flow did Capital Southwest generate in fiscal 2026?
Capital Southwest generated -$193.8M of free cash flow in fiscal 2026.
What was Capital Southwest's revenue last quarter?
In its most recent reported quarter (2027 Q1), Capital Southwest reported revenue of $61.0M.
How much debt does Capital Southwest have?
Capital Southwest reported $1.13B of long-term debt, including the current portion, at the end of fiscal 2026.
How many shares of Capital Southwest are outstanding?
Capital Southwest reported a weighted average of 61.1 million basic shares outstanding in 2027 Q1.
What is Capital Southwest's market cap?
Based on its latest closing price, Capital Southwest (CSWC) has a market capitalization of about $1.66B.
When does Capital Southwest's fiscal year end?
Capital Southwest's fiscal year end, as registered with the SEC, is March 31.
Where is Capital Southwest headquartered?
Capital Southwest lists its business address in Dallas, Texas in its SEC filings.