BlackRock TCP Capital (TCPC) Interest Coverage Ratio (2021 - 2026)

BlackRock TCP Capital (TCPC) posted Interest Coverage Ratio of 1.15 for Q1 2026, down 19.69% on a QoQ basis from 1.43 in Q4 2025, and down 38.92% year-over-year from 1.88 in Q1 2025.

BlackRock TCP Capital (TCPC) Interest Coverage Ratio (2021 - 2026) Analysis & Trends

BlackRock TCP Capital's Interest Coverage Ratio history runs 6 years deep, the most recent figure standing at 1.15 for 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 1.46 (down 19.86% YoY) and the FY2025 annual result came in at 1.66, down 13.55% from the prior year.
  • Interest Coverage Ratio was 1.15 for Q1 2026 at BlackRock TCP Capital, down from 1.43 in the prior quarter.
  • Across five years, Interest Coverage Ratio topped out at 23.6 in Q2 2022 and bottomed at 6.55 in Q2 2023.
  • A 5-year average of 3.4 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 tumbled 127.76%.
  • BlackRock TCP Capital's Interest Coverage Ratio stood at 10.21 in 2022, then tumbled by 39.23% to 6.2 in 2023, then slumped by 67.07% to 2.04 in 2024, then slipped by 29.82% to 1.43 in 2025, then declined by 19.69% to 1.15 in 2026.
  • Business Quant data shows TCPC's Interest Coverage Ratio at 1.15 in Q1 2026, 1.43 in Q4 2025, and 1.62 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 Brookfield 1,236.60 Bn 1,311.20 Bn 18.56 Bn -
2 BlackRock 161.01 Bn 148.08 Bn - 21.00
3 Blackstone 97.77 Bn 96.72 Bn - 11.62
4 Apollo Global Management 70.80 Bn 90.38 Bn -409.00 Mn 0.02
5 State Street 51.30 Bn 51.30 Bn - 1.54
6 Ameriprise Financial 48.54 Bn 39.27 Bn 4.57 Bn 6.35
7 Northern Trust 32.93 Bn 32.93 Bn - 1.44
8 Raymond James Financial 32.59 Bn 17.67 Bn - 2.52
9 Price T Rowe 24.70 Bn 21.13 Bn - -
10 BlackRock TCP Capital 263.97 Mn 170.71 Mn - 1.15

Historic Data

Download Data
DateValue
Mar 31, 2026 1.15
Dec 31, 2025 1.43
Sep 30, 2025 1.62
Jun 30, 2025 1.61
Mar 31, 2025 1.88
Dec 31, 2024 2.04
Sep 30, 2024 1.60
Jun 30, 2024 1.82
Mar 31, 2024 1.60
Dec 31, 2023 6.20
Sep 30, 2023 2.33
Jun 30, 2023 -6.55
Mar 31, 2023 1.61
Dec 31, 2022 10.21
Sep 30, 2022 4.45
Jun 30, 2022 23.60
Mar 31, 2022 1.25
Dec 31, 2021 6.07
Sep 30, 2021 1.78