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Coupon, PIK at other companies

Hercules Capital logo
Hercules CapitalHTGC
10%+8.7pp
Blue Owl Capital logo
Blue Owl CapitalOBDC
4.6%-1.3pp
Goldman Sachs BDC logo
Goldman Sachs BDCGSBD
0.5%-9.4pp
Prospect Capital logo
Prospect CapitalPSEC
8.5%-4.1pp
Bain Capital Specialty Finance logo
Bain Capital Specialty FinanceBCSF
3%-5.8pp
Golub Capital logo
Golub CapitalGBDC
2.9%-1.1pp

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$1.43B+22.4%
Enterprise value$2.53B+21.7%
P/E12.6×-3.9×

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:InvestmentInterestRatePaidInKind.

The official record: Capital Southwest’s 10-K, filed May 19, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Capital Southwest's coupon, PIK?
Capital Southwest (CSWC) reported coupon, PIK of 15.7% in Q1 2026.
How has Capital Southwest's coupon, PIK changed year-over-year?
Capital Southwest's coupon, PIK increased by 31.4% year-over-year, from 11.9% to 15.7%.
What is the long-term trend for Capital Southwest's coupon, PIK?
Over 3 years (2023 to 2026), Capital Southwest's coupon, PIK has grown at a -4.5% compound annual growth rate (CAGR), from 18% to 15.7%.
What does coupon, PIK mean?
The portion of interest income that is not paid in cash but is instead added to the principal balance of the loan, to be paid at a later date or upon maturity. While PIK interest increases the total return on an investment, it represents deferred cash flow and carries higher credit risk. Investors monitor this to assess the quality of earnings and potential liquidity constraints of the underlying portfolio companies.