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Capital Southwest CSWC Net gains (losses) on investments

Net gains (losses) on investments at other companies

Main Street Capital logo
Main Street CapitalMAIN
-$50.6M-180%
Blue Owl Capital logo
Blue Owl CapitalOBDC
-$98.23M-151%
Sixth Street Specialty Lending logo
Sixth Street Specialty LendingTSLX
-$34.93M-223%
Barings BDC logo
Barings BDCBBDC
-$10.03M-130%
Prospect Capital logo
Prospect CapitalPSEC
$57.64M+136%
Golub Capital logo
Golub CapitalGBDC
-$131.63M

Other financials

Income statement

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Net income$27.5M+56.5%
EPS (diluted)$0.44+25.7%

Balance sheet

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Cash & equivalents$29.4M-34.4%
Total debt$1.1B+18.2%
Total equity$1.0B+14.4%
Total assets$2.2B+15.7%

Cash flow

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Operating cash flow-$59.1M-0.7%
CapEx$49.0K-87.6%
Free cash flow-$59.2M-0.1%

Valuation

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Market cap$1.6B+26.9%
Enterprise value$2.71B+18.1%
P/E14.2×-0.9×

Returns & leverage

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Return on equity11.9%+3.3pp
Debt / equity1.1×0.0×

Where this comes from

Reported directly by Capital Southwest in its filing.

Tagged under the XBRL concept us-gaap:UnrealizedGainLossOnInvestments.

The source filing: Capital Southwest’s 10-K, filed May 19, 2026.

Filed
May 19, 2026, 4:51 PM EDT
Fiscal year
FY2026
Accession
0000017313-26-000035
Line itemYears Ended / March 31, 2026Years Ended / March 31, 2025Years Ended / March 31, 2024
Realized (gain) loss on investments before income tax(14,849)46,76039,983
Realized loss on extinguishment of debt2,154387361
Realized loss on disposal of fixed assets220
Net unrealized depreciation (appreciation) on investments before income tax27,978(6,082)(13,623)
Accretion of discounts on investments(9,557)(6,653)(5,163)
Payment-in-kind interest(14,066)(12,930)(11,234)
Share-based compensation expense4,9776,9634,518
Deferred income taxes(4,273)4,782(119)

Item 8. Financial Statements and Supplementary Data

FAQ

What is Capital Southwest's net gains (losses) on investments?
Capital Southwest (CSWC) reported net gains (losses) on investments of -$4.08M in Q1 2026.
How has Capital Southwest's net gains (losses) on investments changed year-over-year?
Capital Southwest's net gains (losses) on investments decreased by 122.7% year-over-year, from $17.94M to -$4.08M.
What does net gains (losses) on investments mean?
Realized and unrealized gains/losses on investments removed from operating cash flow since they're investing-related.

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