BlackRock TCP Capital (TCPC) EV to FCF (2022 - 2026)
BlackRock TCP Capital's (TCPC) EV to FCF stood at 0.31 in Q2 2026, down 89.5% from 2.98 a year earlier and down 61.3% from the prior quarter.
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Analysis
BlackRock TCP Capital (TCPC) EV to FCF (2022 - 2026) Analysis & Trends
On a TTM basis, BlackRock TCP Capital's EV to FCF came in at -0.23 as of Jun 30, 2026; for FY2025, it was 2.59, up 17.0% from FY2024.
- Across earlier years, EV to FCF came in at 2.22 in FY2024 (-63.1%), 6.00 in FY2023 (+83.9%) and 3.26 in FY2022.
- The Q2 2026 figure is the lowest quarterly EV to FCF in data going back to Q3 2022.
- On a year-over-year basis, EV to FCF rose in two of the last eight quarters, with an average decline of 38.3%.
- Peak year-over-year performance for EV to FCF in the last five years was growth of 83.9% in Q4 2023, against a decline of 89.5% in Q2 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at 0.80 (Q1 2026), 2.59 (Q4 2025) and 2.51 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Rocket Companies | 43.26 Bn | 28.94 Bn | - |
| 2 | Orix | 42.40 Bn | 42.90 Bn | - |
| 3 | Royalty Pharma | 33.56 Bn | 33.47 Bn | - |
| 4 | Federal National Mortgage Association Fannie Mae | 24.47 Bn | 24.47 Bn | - |
| 5 | Affirm Holdings | 23.34 Bn | 17.03 Bn | - |
| 6 | Synchrony Financial | 23.06 Bn | -44.91 Bn | - |
| 7 | Royal Gold | 19.98 Bn | 19.21 Bn | 390.45 Mn |
| 8 | Annaly Capital Management | 14.18 Bn | 5.27 Bn | - |
| 9 | Ares Capital | 13.71 Bn | 11.15 Bn | - |
| 10 | BlackRock TCP Capital | 335.61 Mn | -37.26 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.31 |
| Mar 31, 2026 | 0.80 |
| Dec 31, 2025 | 2.59 |
| Sep 30, 2025 | 2.51 |
| Jun 30, 2025 | 2.98 |
| Mar 31, 2025 | 1.87 |
| Dec 31, 2024 | 2.22 |
| Sep 30, 2024 | 2.31 |
| Jun 30, 2024 | 3.53 |
| Mar 31, 2024 | 3.17 |
| Dec 31, 2023 | 6.00 |
| Sep 30, 2023 | 6.70 |
| Jun 30, 2023 | 2.93 |
| Mar 31, 2023 | 3.63 |
| Dec 31, 2022 | 3.26 |
| Sep 30, 2022 | 3.89 |
API Access
BlackRock TCP Capital EV to FCF API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ev-to-fcf&ticker=TCPC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-fcf", "ticker": "TCPC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ev-to-fcf&ticker=TCPC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();