BlackRock TCP Capital (TCPC) FCF Payout Ratio (2021 - 2026)
BlackRock TCP Capital's (TCPC) quarterly FCF Payout Ratio came in at 0.09 in Q1 2026, down 80.85% YoY from 0.47 in Q1 2025, and down 82.78% on a QoQ basis from 0.52 in Q4 2025.
BlackRock TCP Capital (TCPC) FCF Payout Ratio (2021 - 2026) Analysis & Trends
BlackRock TCP Capital (TCPC) has 6 years of FCF Payout Ratio data on file, last reported at 0.09 in Q1 2026.
- Quarterly FCF Payout Ratio fell 80.85% year-over-year to 0.09 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.32 (down 27.66% YoY) and the FY2025 annual result came in at 0.61, up 46.95% from the prior year.
- FCF Payout Ratio fell to 0.09 in Q1 2026, from 0.52 in the prior quarter.
- In the past five years, FCF Payout Ratio ranged from a high of 1.81 in Q2 2022 to a low of 0.59 in Q2 2025.
- A 5-year average of 0.4 and a median of 0.47 in 2025 frame the typical range for FCF Payout Ratio.
- Annual changes were most pronounced in 2023 — FCF Payout Ratio jumped 316.46% — and 2025, when it sank 204.45%.
- Tracing TCPC's FCF Payout Ratio over 5 years: stood at 0.52 in 2022, then soared by 62.17% to 0.85 in 2023, then plunged by 38.18% to 0.52 in 2024, then declined by 0.0% to 0.52 in 2025, then slumped by 82.78% to 0.09 in 2026.
- The last three FCF Payout Ratio figures came in at 0.09 (Q1 2026), 0.52 (Q4 2025), and 0.24 (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 179.54 Bn | 165.67 Bn | - | 0.83 |
| 2 | Blackstone | 114.83 Bn | 112.32 Bn | - | 0.80 |
| 3 | Kkr | 97.26 Bn | -179.81 Bn | - | 0.05 |
| 4 | Brookfield | 93.07 Bn | 45.66 Bn | - | - |
| 5 | Brookfield Asset Management | 83.46 Bn | 81.96 Bn | - | 1.50 |
| 6 | Apollo Global Management | 78.41 Bn | 53.04 Bn | 10.54 Bn | 0.11 |
| 7 | State Street | 51.66 Bn | 51.66 Bn | - | -0.10 |
| 8 | Ameriprise Financial | 51.12 Bn | 40.07 Bn | 4.72 Bn | 0.05 |
| 9 | Raymond James Financial | 33.99 Bn | 20.74 Bn | - | -0.34 |
| 10 | BlackRock TCP Capital | 338.60 Mn | 181.05 Mn | - | 0.15 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 0.15 |
| Mar 31, 2026 | 0.09 |
| Dec 31, 2025 | 0.52 |
| Sep 30, 2025 | 0.24 |
| Jun 30, 2025 | -0.59 |
| Mar 31, 2025 | 0.47 |
| Dec 31, 2024 | 0.52 |
| Sep 30, 2024 | 0.29 |
| Jun 30, 2024 | 0.56 |
| Mar 31, 2024 | 0.22 |
| Dec 31, 2023 | 0.85 |
| Sep 30, 2023 | 0.55 |
| Jun 30, 2023 | 0.43 |
| Mar 31, 2023 | -0.53 |
| Dec 31, 2022 | 0.52 |
| Sep 30, 2022 | 0.13 |
| Jun 30, 2022 | 1.81 |
| Mar 31, 2022 | 0.65 |
| Dec 31, 2021 | -0.52 |