8-K Announcements
6Feb 27, 2026·SEC
Jan 23, 2026·SEC
Nov 6, 2025·SEC
BlackRock TCP Capital Corp. (TCPC) fundamental analysis — strengths, weaknesses & financial health based on data analysis
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
BlackRock TCP Capital Corp. (TCPC) stock price & volume — 10-year historical chart
BlackRock TCP Capital Corp. (TCPC) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
BlackRock TCP Capital Corp. (TCPC) EPS & revenue vs analyst estimates — last 4 quarters
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q1 2026Latest | Feb 27, 2026 | $0.26vs $0.26-0.9% | $44Mvs $47M-6.5% |
| Q4 2025 | Nov 6, 2025 | $0.32vs $0.33-3.0% | $42Mvs $47M-10.5% |
| Q3 2025 | Aug 7, 2025 | $0.32vs $0.34-5.9% | $3Mvs $54M-95.4% |
| Q2 2025 | May 8, 2025 | $0.36vs $0.34+5.9% | $39Mvs $57M-31.1% |
BlackRock TCP Capital Corp. (TCPC) competitors in Private credit and BDC lenders — business model, growth, and fundamentals comparison
BlackRock TCP Capital Corp. (TCPC) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
BlackRock TCP Capital Corp. (TCPC) annual income statement — 10-year revenue, gross profit & net income history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Net Interest Income | 134.29M | 139.42M | 136.42M | 113.86M | 114.1M | 129.35M | 150.68M | 185.25M | 135.7M |
| NII Growth % | 14.26% | 3.82% | -2.15% | -16.54% | 0.21% | 13.37% | 16.49% | 22.94% | -26.75% |
| Net Interest Margin % | 8.24% | 8.4% | 7.92% | 6.81% | 6.02% | 7.52% | 8.87% | 9.63% | 8.22% |
| Interest Income | 162.16M | 175.03M | 178.08M | 150.35M | 149.81M | 164.87M | 194.64M | 251.41M | 201.79M |
| Interest Expense | 27.87M | 40.47M | 41.66M | 36.49M | 35.71M | 35.52M | 43.95M | 66.16M | 66.09M |
| Loan Loss Provision | 0 | -40.47M | -41.66M | -36.49M | -35.71M | -35.52M | -43.95M | 351 | -49.25M |
| Non-Interest Income | -30.54M | 15.47M | 17.09M | 21.76M | 15.29M | 16.13M | 14.69M | -230.65M | -278.13M |
| Non-Interest Income % | -23.21% | 8.12% | 8.76% | 12.64% | 9.26% | 8.91% | 7.02% | -1110.74% | 364.3% |
| Total Revenue | 131.62M▲ 0% | 190.5M▲ 44.7% | 195.17M▲ 2.4% | 172.1M▼ 11.8% | 165.11M▼ 4.1% | 181M▲ 9.6% | 209.33M▲ 15.6% | 20.76M▼ 90.1% | -76.35M▼ 467.7% |
| Revenue Growth % | 1.7% | 44.74% | 2.45% | -11.82% | -4.07% | 9.63% | 15.65% | -90.08% | -467.67% |
| Non-Interest Expense | 13.1M | 56.55M | 53.91M | 47.64M | 51.57M | 53.21M | 54.71M | 17.22M | -70.35M |
| Efficiency Ratio | 9.95% | 29.69% | 27.62% | 27.68% | 31.24% | 29.39% | 26.14% | 82.92% | 92.15% |
| Operating Income | 90.65M▲ 0% | 133.95M▲ 47.8% | 141.26M▲ 5.5% | 124.46M▼ 11.9% | 113.53M▼ 8.8% | 127.8M▲ 12.6% | 154.61M▲ 21.0% | -62.61M▼ 140.5% | -22.84M▲ 63.5% |
| Operating Margin % | 68.87% | 70.31% | 72.38% | 72.32% | 68.76% | 70.61% | 73.86% | -301.54% | 29.92% |
| Operating Income Growth % | -5.51% | 47.77% | 5.46% | -11.89% | -8.78% | 12.56% | 20.98% | -140.5% | 63.52% |
| Pretax Income | 90.65M▲ 0% | 45.57M▼ 49.7% | 30.58M▼ 32.9% | 71.37M▲ 133.4% | 133.79M▲ 87.4% | -9.23M▼ 106.9% | 38.72M▲ 519.7% | -62.61M▼ 261.7% | -88.93M▼ 42.0% |
| Pretax Margin % | 68.87% | 23.92% | 15.67% | 41.47% | 81.03% | -5.1% | 18.5% | -301.54% | 116.48% |
| Income Tax | 36.38K | 92.7K | 0 | 0 | 0 | 0 | 247.31K | 522.55K | 0 |
| Effective Tax Rate % | 0.04% | 0.2% | 0% | 0% | 0% | 0% | 0.64% | -0.83% | 0% |
| Net Income | 90.61M▲ 0% | 45.48M▼ 49.8% | 30.58M▼ 32.8% | 71.37M▲ 133.4% | 133.79M▲ 87.4% | -9.23M▼ 106.9% | 38.47M▲ 517.1% | -63.14M▼ 264.1% | -88.93M▼ 40.9% |
| Net Margin % | 68.84% | 23.87% | 15.67% | 41.47% | 81.03% | -5.1% | 18.38% | -304.06% | 116.48% |
| Net Income Growth % | -4.99% | -49.81% | -32.75% | 133.4% | 87.45% | -106.9% | 517.05% | -264.1% | -40.85% |
| Net Income (Continuing) | 90.61M | 45.48M | 30.58M | 71.37M | 133.79M | -9.23M | 38.47M | -63.14M | -88.93M |
| EPS (Diluted) | 1.19▲ 0% | 0.77▼ 35.3% | 0.52▼ 32.5% | 1.23▲ 136.5% | 2.32▲ 88.6% | -0.16▼ 106.9% | 0.67▲ 518.8% | -0.79▼ 217.9% | -1.05▼ 32.9% |
| EPS Growth % | -20.67% | -35.29% | -32.47% | 136.54% | 88.62% | -106.9% | 518.75% | -217.91% | -32.91% |
| EPS (Basic) | 1.19 | 0.77 | 0.52 | 1.23 | 2.32 | -0.16 | 0.67 | -0.79 | -1.05 |
| Diluted Shares Outstanding | 57M | 58.82M | 58.77M | 57.99M | 57.77M | 57.77M | 57.77M | 79.67M | 84.99M |
BlackRock TCP Capital Corp. (TCPC) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Cash & Short Term Investments | 85.83M | 27.92M | 44.85M | 20.01M | 19.55M | 82.44M | 112.24M | 91.59M | 61.08M |
| Cash & Due from Banks | 85.83M | 27.92M | 44.85M | 20.01M | 19.55M | 82.44M | 112.24M | 91.59M | 61.08M |
| Short Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Investments | 3.03B | 1.6B | 0 | 0 | 0 | 0 | 1.55B | 0 | 1.53B |
| Investments Growth % | 130.35% | -47.27% | -100% | - | - | - | - | -100% | - |
| Long-Term Investments | 3.03B | 1.6B | 0 | 0 | 0 | 0 | 1.55B | 0 | 1.53B |
| Accounts Receivables | 19.37M | 21.7M | 19.22M | 15.85M | 26.09M | 20.9M | 25.65M | 28.09M | 21.5M |
| Goodwill & Intangibles | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| PP&E (Net) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | -1.51B | 4.84M | 1.65B | 1.63B | 1.85B | 1.61B | 3.67M | 1.8B | 34.49M |
| Total Current Assets | 110.81M | 57.41M | 67.09M | 37.44M | 48.3M | 106.16M | 140.16M | 122.04M | 82.57M |
| Total Non-Current Assets | 1.52B | 1.6B | 1.65B | 1.63B | 1.85B | 1.61B | 1.56B | 1.8B | 1.57B |
| Total Assets | 1.63B▲ 0% | 1.66B▲ 1.8% | 1.72B▲ 3.8% | 1.67B▼ 2.9% | 1.89B▲ 13.3% | 1.72B▼ 9.2% | 1.7B▼ 1.2% | 1.92B▲ 13.2% | 1.65B▼ 14.2% |
| Asset Growth % | 17.43% | 1.85% | 3.77% | -2.91% | 13.29% | -9.23% | -1.2% | 13.2% | -14.18% |
| Return on Assets (ROA) | 6.01% | 2.77% | 1.81% | 4.21% | 7.5% | -0.51% | 2.25% | -3.49% | -4.98% |
| Accounts Payable | 24.25M | 9.66M | 23.89M | 43.16M | 39.86M | 14.09M | 960K | 8.41M | 0 |
| Total Debt | 725.2M | 805.2M | 907.8M | 850.02M | 1.01B | 944.01M | 985.2M | 1.12B | 1.04B |
| Net Debt | 639.37M | 777.28M | 862.95M | 830.01M | 992.91M | 861.57M | 872.96M | 1.03B | 974.47M |
| Long-Term Debt | 725.2M | 805.2M | 907.8M | 850.02M | 1.01B | 944.01M | 985.2M | 1.12B | 710.51M |
| Short-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 325.03M |
| Other Liabilities | 7.39M | 12.31M | 14.05M | 13.82M | 12.45M | 14.5M | 0 | 11.16M | 16.8M |
| Total Current Liabilities | 26.11M | 11.54M | 23.89M | 43.16M | 39.86M | 14.09M | 25.97M | 8.41M | 325.03M |
| Total Non-Current Liabilities | 732.59M | 817.52M | 921.86M | 863.84M | 1.02B | 958.51M | 985.2M | 1.13B | 727.31M |
| Total Liabilities | 758.69M | 829.06M | 945.75M | 907M | 1.06B | 972.6M | 1.01B | 1.14B | 1.05B |
| Total Equity | 870.73M▲ 0% | 830.47M▼ 4.6% | 776.32M▼ 6.5% | 764.99M▼ 1.5% | 829.46M▲ 8.4% | 746.75M▼ 10.0% | 687.6M▼ 7.9% | 785.12M▲ 14.2% | 598.01M▼ 23.8% |
| Equity Growth % | 10.09% | -4.62% | -6.52% | -1.46% | 8.43% | -9.97% | -7.92% | 14.18% | -23.83% |
| Equity / Assets (Capital Ratio) | 53.44% | 50.04% | 45.08% | 45.75% | 43.79% | 43.43% | 40.48% | 40.83% | 36.24% |
| Return on Equity (ROE) | 10.91% | 5.35% | 3.81% | 9.26% | 16.78% | -1.17% | 5.36% | -8.57% | -12.86% |
| Book Value per Share | 15.28 | 14.12 | 13.21 | 13.19 | 14.36 | 12.93 | 11.90 | 9.85 | 7.04 |
| Tangible BV per Share | 15.28 | 14.12 | 13.21 | 13.19 | 14.36 | 12.93 | 11.90 | 9.85 | 7.04 |
| Common Stock | 58.85K | 58.77K | 58.77K | 57.77K | 57.77K | 57.77K | 57.77K | 85.08K | 84.56K |
| Additional Paid-in Capital | 1.04B | 1B | 997.38M | 979.97M | 966.41M | 967.89M | 967.64M | 1.73B | 1.73B |
| Retained Earnings | -168.19M | -169.66M | -221.12M | -215.04M | -137.01M | -221.19M | -280.1M | -946.02M | -1.13B |
| Accumulated OCI | -139.39M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Preferred Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
BlackRock TCP Capital Corp. (TCPC) cash flow — operating, investing & free cash flow history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | -128.22M | -46.37M | 4.69M | 122.33M | -82.61M | 203.95M | 89.48M | 293.12M | 53.52M |
| Operating CF Growth % | -178.23% | 63.83% | 110.12% | 2506.36% | -167.53% | 346.88% | -56.12% | 227.57% | -81.74% |
| Net Income | 67.93M | 45.48M | 30.58M | 71.37M | 133.79M | -9.23M | 38.47M | -63.14M | 278.13M |
| Depreciation & Amortization | -12.95M | 9M | -25.2M | -6.14M | -6.14M | 70.17M | 0 | 0 | -93.15M |
| Deferred Taxes | 0 | -68.07M | 26.28M | 5.87M | 0 | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | -184.4M | -19.11M | -47.23M | 27.11M | -194.27M | 164.59M | 54.93M | 362.8M | -105.37M |
| Working Capital Changes | 1.2M | -13.53M | 21.34M | 23.84M | -15.99M | -21.59M | -3.92M | -6.54M | -26.09M |
| Cash from Investing | -198.39M | -107.09M | -89.86M | 31.88M | 31.88M | 151.05M | 2.97M | 0 | 101.4M |
| Purchase of Investments | -854.06M | -619.89M | -686.24M | -448.84M | -448.84M | -330.41M | -215.7M | -325.79M | -251.31M |
| Sale/Maturity of Investments | 655.67M | 512.8M | 596.37M | 480.72M | 480.72M | 481.46M | 218.67M | 517.09M | 352.7M |
| Net Investment Activity | -198.39M | -107.09M | -89.86M | 31.88M | 31.88M | 151.05M | 2.97M | 191.29M | 101.4M |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Investing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -191.29M | 0 |
| Cash from Financing | 161.26M | -12.33M | 12.23M | -147.17M | 82.15M | -141.07M | -62.65M | -313.77M | -185.43M |
| Dividends Paid | -82.61M | -84.69M | -84.62M | -76.61M | -69.32M | -70.48M | -100.52M | -122.54M | -95.17M |
| Share Repurchases | 0 | -1.05M | -125.68K | -6.1M | -6.1M | 0 | 0 | -4.53M | -3.01M |
| Stock Issued | 94.47M | 10.69K | 11.45K | 6.25K | 6.1M | 0 | 0 | 0 | 0 |
| Net Stock Activity | 94.47M | -1.04M | -114.23K | -6.09M | 0 | 0 | 0 | -4.53M | -3.01M |
| Debt Issuance (Net) | 1000K | 1000K | 1000K | -1000K | 1000K | -1000K | 1000K | -1000K | -1000K |
| Other Financing | 91M | -3.59M | -5.18M | -4.12M | -4.41M | 0 | 0 | -8.44M | 0 |
| Net Change in Cash | 33.05M▲ 0% | -58.7M▼ 277.6% | 16.93M▲ 128.8% | -24.84M▼ 246.7% | -454.31K▲ 98.2% | 62.88M▲ 13941.5% | 29.81M▼ 52.6% | -20.65M▼ 169.3% | -30.51M▼ 47.8% |
| Exchange Rate Effect | 198.39M | 107.09M | 89.86M | -31.88M | -31.88M | -151.05M | 0 | 0 | 0 |
| Cash at Beginning | 53.58M | 86.63M | 27.92M | 44.85M | 20.01M | 19.55M | 82.44M | 112.24M | 91.59M |
| Cash at End | 86.63M | 27.92M | 44.85M | 20.01M | 19.55M | 82.44M | 112.24M | 91.59M | 61.08M |
| Interest Paid | 24.07M | 33.45M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Income Taxes Paid | 528.6K | 86.11K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Free Cash Flow | -128.22M▲ 0% | -46.37M▲ 63.8% | 4.69M▲ 110.1% | 122.33M▲ 2506.4% | -82.61M▼ 167.5% | 203.95M▲ 346.9% | 89.48M▼ 56.1% | 293.12M▲ 227.6% | 154.92M▼ 47.1% |
| FCF Growth % | -178.23% | 63.83% | 110.12% | 2506.36% | -167.53% | 346.88% | -56.12% | 227.57% | -47.15% |
BlackRock TCP Capital Corp. (TCPC) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | 12.61% | 10.91% | 5.35% | 3.81% | 9.26% | 16.78% | -1.17% | 5.36% | -8.57% | -12.86% |
| Return on Assets (ROA) | 7.25% | 6.01% | 2.77% | 1.81% | 4.21% | 7.5% | -0.51% | 2.25% | -3.49% | -4.98% |
| Net Interest Margin | 8.47% | 8.24% | 8.4% | 7.92% | 6.81% | 6.02% | 7.52% | 8.87% | 9.63% | 8.22% |
| Efficiency Ratio | 9.56% | 9.95% | 29.69% | 27.62% | 27.68% | 31.24% | 29.39% | 26.14% | 82.92% | 92.15% |
| Equity / Assets | 57% | 53.44% | 50.04% | 45.08% | 45.75% | 43.79% | 43.43% | 40.48% | 40.83% | 36.24% |
| Book Value / Share | 15.52 | 15.28 | 14.12 | 13.21 | 13.19 | 14.36 | 12.93 | 11.9 | 9.85 | 7.04 |
| NII Growth | -7.1% | 14.26% | 3.82% | -2.15% | -16.54% | 0.21% | 13.37% | 16.49% | 22.94% | -26.75% |
| Dividend Payout | 77.57% | 91.17% | 186.24% | 276.72% | 107.34% | 51.81% | - | - | - | - |
BlackRock TCP Capital Corp. (TCPC) SEC filings — annual & quarterly reports (10-K, 10-Q)
Feb 27, 2026·SEC
Jan 23, 2026·SEC
Nov 6, 2025·SEC
BlackRock TCP Capital Corp. (TCPC) stock FAQ — growth, dividends, profitability & financials explained
BlackRock TCP Capital Corp. (TCPC) saw revenue decline by 467.7% over the past year.
BlackRock TCP Capital Corp. (TCPC) reported a net loss of $88.9M for fiscal year 2025.
Yes, BlackRock TCP Capital Corp. (TCPC) pays a dividend with a yield of 25.68%. This makes it attractive for income-focused investors.
BlackRock TCP Capital Corp. (TCPC) has a return on equity (ROE) of -12.9%. Negative ROE indicates the company is unprofitable.
BlackRock TCP Capital Corp. (TCPC) has a net interest margin (NIM) of 8.2%. This indicates healthy earnings from lending activities.
BlackRock TCP Capital Corp. (TCPC) has an efficiency ratio of 0.0%. This is excellent, indicating strong cost control.
BlackRock TCP Capital Corp. (TCPC) financial analysis — history, returns, DCA and operating performance tools
Historical returns with dividends reinvested
Dollar cost averaging vs lump sum
Yield, growth, payout safety & DRIP
EPS trends, net income & profitability
Long-term charts & historical price data
Sales growth patterns & revenue breakdown
30 years of market, efficiency and balance-sheet ratios
DCF intrinsic value, peer multiples & estimates