TCPC
BlackRock TCP Capital Corp.
There isn't enough reported data to score TCPC yet.
TCPC Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Stable | |
| N/A | |
| N/A |
TCPC's revenue and profitability are currently stable. Free cash flow and net leverage aren't meaningful measures for financial services companies like TCPC.
TCPC PE Valuation
TCPC has no meaningful PE right now: it lost money over the past year.
TCPC Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Strong decline | |
| Strong decline | |
| Strongly weakening | |
| Limited | |
| Moderate |
Analysts expect TCPC's earnings and revenue to decline, with profitability weakening.
TCPC Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.32 | — |
| Q3 2026 | -$2.37 | -$2.20 |
| Q2 2026 | -$1.28 | -$1.07 |
| Q1 2026 | -$1.49 | -$0.87 |
| Q4 2025 | -$1.05 | -$0.26 |
| Q3 2025 | -$0.17 | +$0.32 |
| Q2 2025 | -$0.21 | +$0.31 |
| Q1 2025 | -$0.62 | -272% |
| Q4 2024 | -$0.79 | -218% |
TCPC lost $2.37 per share over the past year, a bigger loss than the year before.
TCPC Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2022 | $44M | +5.5% |
| Q1 2022 | $42.2M | +2.4% |
| Q4 2021 | $39.6M | -7.7% |
| Q3 2021 | $42.7M | -0.3% |
| Q2 2021 | $41.6M | -7.7% |
| Q1 2021 | $41.2M | -0.2% |
| Q4 2020 | $42.9M | -10% |
TCPC's revenue has held roughly level: $44M last quarter, up 5.5% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2022 | 70% | +1.3 points |
| Q1 2022 | 69% | -0.3 points |
| Q4 2021 | 69% | -0.8 points |
| Q3 2021 | 68% | -1.3 points |
| Q2 2021 | 68% | -1.9 points |
| Q1 2021 | 69% | -11 points |
| Q4 2020 | 70% | -2.6 points |
| Q3 2020 | 70% | N/A |
TCPC's operating margin was 70% last quarter, up 1.3 points from the same quarter a year ago.
TCPC Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $291.9M | +181% |
| Q2 2026 | $96.3M | +$138.2M |
| Q1 2026 | $159.1M | +203% |
| Q4 2025 | $40.5M | -43% |
| Q3 2025 | $103.7M | +2.1% |
| Q2 2025 | -$41.9M | -148% |
| Q1 2025 | $52.5M | +57% |
| Q4 2024 | $71.7M | +78% |
TCPC's free cash flow was $588M over the past year, about three times what it generated the year before. Free cash flow isn't a meaningful measure for financial services companies like TCPC.
TCPC Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | -12.6K shares |
| 1 year | -1.3% | -1.1M shares |
| 3 years | +45% | +26.1M shares |
| 5 years | +45% | +26.1M shares |
| Available history | +43% | +25.2M shares |
TCPC has 84M diluted shares, down 1.3% from a year ago, with $5M in buybacks over the past year.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q2 2026 | $590,502 |
| Q1 2026 | $2.3M |
| Q4 2025 | $2.5M |
| Q3 2025 | $162,702 |
| Q2 2025 | $274,463 |
| Q1 2025 | $26,915 |
| Q2 2022 | — |
TCPC spent $5M buying back its own shares over the past year.
TCPC Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2022 | 10.7x | High |
| Q1 2022 | 10.8x | High |
| Q4 2021 | 17.2x | High |
| Q3 2021 | 10.8x | High |
| Q2 2021 | 11.0x | High |
| Q1 2021 | 10.6x | High |
| Q4 2020 | 6.7x | High |
| Q3 2020 | 9.5x | High |
TCPC's net debt is about 11 years of its operating earnings (EBITDA), down from 11 years a year ago. Net leverage isn't a meaningful measure for financial services companies like TCPC.
TCPC Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 51.2 | Neutral |
| Stochastic | 79.0 | Neutral |
TCPC's weekly RSI is 51 (neutral) and its Stochastic is 79 (neutral).
TCPC PE vs Financial Services Sector
| Metric | TCPC | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 13x | — |
TCPC has no meaningful PE right now: it lost money over the past year.
TCPC Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $4.10 | 0.2% above |
| 20 week MA | $3.88 | 5.9% above |
| 50 week MA | $4.23 | 2.8% below |
| 100 week MA | $5.83 | 30% below |
| 200 week MA | $8.29 | 50% below |
TCPC has bounced recently, but its long-term trend is still down: it's above its 8- and 20-week averages, but 50% below its 200-week average.
TCPC Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $14.1 | $11.3 | -20% |
| 2021 | $11.3 | $13.5 | +20% |
| 2022 | $13.5 | $13.0 | -3.8% |
| 2023 | $13.0 | $11.5 | -11% |
| 2024 | $11.5 | $8.56 | -26% |
| 2025 | $8.56 | $5.44 | -36% |
| 2026 YTD | $5.44 | $4.11 | -24% |
TCPC has finished four years in a row lower, and it's down 24% so far in 2026.