BlackRock TCP Capital (TCPC) Equity Ratio (2021 - 2026)
BlackRock TCP Capital (TCPC) reported Equity Ratio of 0.37 for Q1 2026, down 9.02% on a YoY basis from 0.41 in Q1 2025, and up 3.31% quarter-over-quarter from 0.36 in Q4 2025.
BlackRock TCP Capital (TCPC) Equity Ratio (2021 - 2026) Analysis & Trends
BlackRock TCP Capital has reported Equity Ratio for 6 years, with the latest figure at 0.37 in Q1 2026.
- For the quarter ending Q1 2026, Equity Ratio fell 9.02% year-over-year to 0.37; the trailing twelve-month figure through Mar 2026 stood at 0.37 (down 9.02% YoY), and the FY2025 full-year result was 0.36, down 11.25% from the prior year.
- Equity Ratio for Q1 2026 stood at 0.37, up from 0.36 in the prior quarter.
- The five-year high for Equity Ratio was 0.45 in Q3 2022, with the low at 0.36 in Q4 2025.
- Historically, Equity Ratio has averaged 0.41 across 5 years, with a median of 0.41 in 2025.
- Annual changes were most pronounced in 2024 — Equity Ratio grew 0.87% — and 2025, when it declined 11.25%.
- BlackRock TCP Capital's Equity Ratio stood at 0.43 in 2022, then fell by 6.81% to 0.4 in 2023, then climbed by 0.87% to 0.41 in 2024, then dropped by 11.25% to 0.36 in 2025, then rose by 3.31% to 0.37 in 2026.
- The last three Equity Ratio figures came in at 0.37 (Q1 2026), 0.36 (Q4 2025), and 0.41 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Equity Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 163.18 Bn | 153.56 Bn | - | 0.33 |
| 2 | Blackstone | 96.85 Bn | 95.80 Bn | - | 0.17 |
| 3 | Kkr | 86.45 Bn | 133.96 Bn | - | 0.07 |
| 4 | Apollo Global Management | 82.30 Bn | 101.04 Bn | 5.04 Bn | 0.08 |
| 5 | State Street | 46.95 Bn | 21.27 Bn | - | - |
| 6 | Ameriprise Financial | 43.65 Bn | 43.52 Bn | 4.57 Bn | 0.03 |
| 7 | Northern Trust | 31.92 Bn | 31.92 Bn | - | 0.07 |
| 8 | Raymond James Financial | 30.62 Bn | 19.37 Bn | - | 0.14 |
| 9 | Ares Management | 29.04 Bn | 32.41 Bn | - | 0.29 |
| 10 | BlackRock TCP Capital | 287.16 Mn | 193.90 Mn | - | 0.37 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.37 |
| Dec 31, 2025 | 0.36 |
| Sep 30, 2025 | 0.41 |
| Jun 30, 2025 | 0.38 |
| Mar 31, 2025 | 0.41 |
| Dec 31, 2024 | 0.41 |
| Sep 30, 2024 | 0.42 |
| Jun 30, 2024 | 0.39 |
| Mar 31, 2024 | 0.42 |
| Dec 31, 2023 | 0.40 |
| Sep 30, 2023 | 0.43 |
| Jun 30, 2023 | 0.42 |
| Mar 31, 2023 | 0.42 |
| Dec 31, 2022 | 0.43 |
| Sep 30, 2022 | 0.45 |
| Dec 31, 2021 | 0.44 |