BlackRock TCP Capital (TCPC) Interest Coverage Ratio (2021 - 2026)
BlackRock TCP Capital's (TCPC) quarterly Interest Coverage Ratio came in at 1.15 in Q1 2026, down 38.92% YoY from 1.88 in Q1 2025, and down 22.08% on a QoQ basis from 1.48 in Q4 2025.
BlackRock TCP Capital (TCPC) Interest Coverage Ratio (2021 - 2026) Analysis & Trends
BlackRock TCP Capital (TCPC) has 6 years of Interest Coverage Ratio data on file, last reported at 1.15 in Q1 2026.
- Quarterly Interest Coverage Ratio fell 38.92% year-over-year to 1.15 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 1.47 (down 21.55% YoY) and the FY2025 annual result came in at 1.66, down 13.55% from the prior year.
- Interest Coverage Ratio retreated to 1.15 in Q1 2026, from 1.48 in the prior quarter.
- In the past five years, Interest Coverage Ratio ranged from a high of 23.6 in Q2 2022 to a low of 6.55 in Q2 2023.
- A 5-year average of 2.91 and a median of 1.62 in 2025 frame the typical range for Interest Coverage Ratio.
- Annual changes were most pronounced in 2022 — Interest Coverage Ratio surged 150.23% — and 2023, when it plunged 127.76%.
- Tracing TCPC's Interest Coverage Ratio over 5 years: stood at 3.78 in 2022, then gained by 1.84% to 3.85 in 2023, then slumped by 39.3% to 2.33 in 2024, then plunged by 36.7% to 1.48 in 2025, then slipped by 22.08% to 1.15 in 2026.
- The last three Interest Coverage Ratio figures came in at 1.15 (Q1 2026), 1.48 (Q4 2025), and 1.62 (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 179.41 Bn | 165.54 Bn | - | 18.37 |
| 2 | Blackstone | 114.65 Bn | 112.14 Bn | - | 20.37 |
| 3 | Kkr | 97.06 Bn | -180.01 Bn | - | 2.90 |
| 4 | Brookfield | 93.26 Bn | 45.85 Bn | - | - |
| 5 | Brookfield Asset Management | 83.24 Bn | 81.74 Bn | - | 26.17 |
| 6 | Apollo Global Management | 78.35 Bn | 52.97 Bn | 10.54 Bn | 60.80 |
| 7 | State Street | 51.64 Bn | 51.64 Bn | - | 1.70 |
| 8 | Ameriprise Financial | 51.15 Bn | 40.10 Bn | 4.72 Bn | 7.22 |
| 9 | Raymond James Financial | 34.04 Bn | 20.79 Bn | - | 2.73 |
| 10 | BlackRock TCP Capital | 338.35 Mn | 180.80 Mn | - | 1.21 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.21 |
| Mar 31, 2026 | 1.15 |
| Dec 31, 2025 | 1.48 |
| Sep 30, 2025 | 1.62 |
| Jun 30, 2025 | 1.61 |
| Mar 31, 2025 | 1.88 |
| Dec 31, 2024 | 2.33 |
| Sep 30, 2024 | 1.60 |
| Jun 30, 2024 | 1.82 |
| Mar 31, 2024 | 1.60 |
| Dec 31, 2023 | 3.85 |
| Sep 30, 2023 | 2.33 |
| Jun 30, 2023 | -6.55 |
| Mar 31, 2023 | 1.61 |
| Dec 31, 2022 | 3.78 |
| Sep 30, 2022 | 4.45 |
| Jun 30, 2022 | 23.60 |
| Mar 31, 2022 | 1.25 |
| Dec 31, 2021 | 26.43 |
| Sep 30, 2021 | 1.78 |