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| Date | Value |
|---|---|
| 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 |