BlackRock TCP Capital (TCPC) EBITDA (2021 - 2026)

BlackRock TCP Capital posted quarterly EBITDA of $18.5 million for Q1 2026, down 42.62% year-on-year from $32.2 million in Q1 2025, and down 16.24% on a QoQ basis from $22.1 million in Q4 2025.

BlackRock TCP Capital (TCPC) has 6 years of EBITDA data on file, last reported at $18.5 million in Q1 2026.

  • For the quarter ending Q1 2026, EBITDA fell 42.62% year-over-year to $18.5 million; the trailing twelve-month figure through Mar 2026 stood at $95.4 million (down 29.69% YoY), and the FY2025 full-year result was $109.1 million, down 17.17% from the prior year.
  • EBITDA for Q1 2026 stood at $18.5 million, down from $22.1 million in the prior quarter.
  • Across five years, EBITDA topped out at $35.8 million in Q2 2024 and bottomed at $18.5 million in Q1 2026.
  • The 5-year median for EBITDA is $27.3 million (2025), against an average of $26.7 million.
  • The widest annual swing landed in 2024, when EBITDA surged 33.79%; it then sank 42.62% in 2026.
  • A 5-year view of EBITDA shows it stood at $23.0 million in 2022, then climbed by 9.72% to $25.3 million in 2023, then soared by 33.79% to $33.8 million in 2024, then tumbled by 34.72% to $22.1 million in 2025, then slipped by 16.24% to $18.5 million in 2026.
  • The last three EBITDA figures came in at $18.5 million (Q1 2026), $22.1 million (Q4 2025), and $27.3 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 BlackRock 158.51 Bn 148.89 Bn - 2.81 Bn
2 Blackstone 92.68 Bn 91.63 Bn - 1.59 Bn
3 Kkr 84.94 Bn 132.45 Bn - 1.99 Bn
4 Brookfield Asset Management 77.34 Bn 77.68 Bn - 733.00 Mn
5 Apollo Global Management 76.27 Bn 95.00 Bn 5.04 Bn 79.00 Mn
6 State Street 44.42 Bn 18.75 Bn - 2.79 Bn
7 Ameriprise Financial 41.68 Bn 41.55 Bn 4.57 Bn 901.00 Mn
8 Northern Trust 31.21 Bn 31.21 Bn - 2.28 Bn
9 Ares Management 28.85 Bn 32.22 Bn - 363.68 Mn
10 BlackRock TCP Capital 332.70 Mn 239.44 Mn - 18.48 Mn

Historic Data

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DateValue
Mar 31, 2026 18.48 Mn
Dec 31, 2025 22.06 Mn
Sep 30, 2025 27.28 Mn
Jun 30, 2025 27.59 Mn
Mar 31, 2025 32.20 Mn
Dec 31, 2024 33.79 Mn
Sep 30, 2024 33.88 Mn
Jun 30, 2024 35.83 Mn
Mar 31, 2024 28.26 Mn
Dec 31, 2023 25.26 Mn
Sep 30, 2023 28.32 Mn
Jun 30, 2023 27.60 Mn
Mar 31, 2023 25.37 Mn
Dec 31, 2022 23.02 Mn
Sep 30, 2022 24.39 Mn
Jun 30, 2022 21.27 Mn
Mar 31, 2022 19.75 Mn
Dec 31, 2021 17.64 Mn
Sep 30, 2021 18.69 Mn