BlackRock TCP Capital (TCPC) Equity Ratio (2021 - 2026)
BlackRock TCP Capital posted quarterly Equity Ratio of 0.37 for Q1 2026, down 9.02% year-on-year from 0.41 in Q1 2025, and up 3.31% on a QoQ basis from 0.36 in Q4 2025.
BlackRock TCP Capital (TCPC) has 6 years of Equity Ratio data on file, last reported 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.
- Across five years, Equity Ratio topped out at 0.45 in Q3 2022 and bottomed at 0.36 in Q4 2025.
- The 5-year median for Equity Ratio is 0.41 (2025), against an average of 0.41.
- The widest annual swing landed in 2024, when Equity Ratio grew 0.87%; it then declined 11.25% in 2025.
- A 5-year view of Equity Ratio shows it stood at 0.43 in 2022, then retreated by 6.81% to 0.4 in 2023, then grew by 0.87% to 0.41 in 2024, then declined by 11.25% to 0.36 in 2025, then gained 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 | 158.51 Bn | 148.89 Bn | - | 0.33 |
| 2 | Blackstone | 92.68 Bn | 91.63 Bn | - | 0.17 |
| 3 | Kkr | 84.94 Bn | 132.45 Bn | - | 0.07 |
| 4 | Brookfield Asset Management | 77.34 Bn | 77.68 Bn | - | 0.48 |
| 5 | Apollo Global Management | 76.27 Bn | 95.00 Bn | 5.04 Bn | 0.08 |
| 6 | State Street | 44.42 Bn | 18.75 Bn | - | - |
| 7 | Ameriprise Financial | 41.68 Bn | 41.55 Bn | 4.57 Bn | 0.03 |
| 8 | Northern Trust | 31.21 Bn | 31.21 Bn | - | 0.07 |
| 9 | Ares Management | 28.85 Bn | 32.22 Bn | - | 0.29 |
| 10 | BlackRock TCP Capital | 332.70 Mn | 239.44 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 |