BlackRock TCP Capital (TCPC) FCF Payout Ratio (2021 - 2026)

BlackRock TCP Capital (TCPC) posted FCF Payout Ratio of 0.09 for Q1 2026, down 82.78% on a QoQ basis from 0.52 in Q4 2025, and down 80.85% year-over-year from 0.47 in Q1 2025.

BlackRock TCP Capital (TCPC) FCF Payout Ratio (2021 - 2026) Analysis & Trends

BlackRock TCP Capital's FCF Payout Ratio history runs 6 years deep, the most recent figure standing at 0.09 for 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 was 0.09 for Q1 2026 at BlackRock TCP Capital, down from 0.52 in the prior quarter.
  • Across five years, FCF Payout Ratio topped out at 1.81 in Q2 2022 and bottomed at 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 plunged 204.45%.
  • BlackRock TCP Capital's FCF Payout Ratio stood at 0.52 in 2022, then surged by 62.17% to 0.85 in 2023, then slumped by 38.18% to 0.52 in 2024, then retreated by 0.0% to 0.52 in 2025, then plunged by 82.78% to 0.09 in 2026.
  • Business Quant data shows TCPC's FCF Payout Ratio at 0.09 in Q1 2026, 0.52 in Q4 2025, and 0.24 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Cover (Qtr)
1 Brookfield 1,236.60 Bn 1,311.20 Bn 18.56 Bn -
2 BlackRock 161.01 Bn 148.08 Bn - -0.90
3 Blackstone 97.77 Bn 96.72 Bn - 2.00
4 Apollo Global Management 70.80 Bn 90.38 Bn -409.00 Mn 0.19
5 State Street 51.30 Bn 51.30 Bn - -0.02
6 Ameriprise Financial 48.54 Bn 39.27 Bn 4.57 Bn 0.34
7 Northern Trust 32.93 Bn 32.93 Bn - -0.45
8 Raymond James Financial 32.59 Bn 17.67 Bn - 0.10
9 Price T Rowe 24.70 Bn 21.13 Bn - 0.38
10 BlackRock TCP Capital 263.97 Mn 170.71 Mn - 0.09

Historic Data

Download Data
DateValue
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