BlackRock TCP Capital (TCPC) Interest Coverage Ratio (2021 - 2026)
BlackRock TCP Capital posted quarterly Interest Coverage Ratio of 1.26 for Q1 2026, down 40.25% year-on-year from 2.1 in Q1 2025, and down 53.54% on a QoQ basis from 2.7 in Q4 2025.
BlackRock TCP Capital (TCPC) has 6 years of Interest Coverage Ratio data on file, last reported at 1.26 in Q1 2026.
- For the quarter ending Q1 2026, Interest Coverage Ratio fell 40.25% year-over-year to 1.26; the trailing twelve-month figure through Mar 2026 stood at 1.68 (down 10.21% YoY), and the FY2025 full-year result was 1.84, down 7.36% from the prior year.
- Interest Coverage Ratio for Q1 2026 stood at 1.26, down from 2.7 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 2.7 in Q4 2025 and bottomed at 1.26 in Q1 2026.
- The 5-year median for Interest Coverage Ratio is 2.13 (2023), against an average of 2.05.
- The widest annual swing landed in 2022, when Interest Coverage Ratio soared 34.99%; it then slumped 40.25% in 2026.
- A 5-year view of Interest Coverage Ratio shows it stood at 2.2 in 2022, then decreased by 2.91% to 2.13 in 2023, then slipped by 2.89% to 2.07 in 2024, then soared by 30.39% to 2.7 in 2025, then tumbled by 53.54% to 1.26 in 2026.
- The last three Interest Coverage Ratio figures came in at 1.26 (Q1 2026), 2.7 (Q4 2025), and 1.62 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 158.51 Bn | 148.89 Bn | - | 21.00 |
| 2 | Blackstone | 92.68 Bn | 91.63 Bn | - | 11.62 |
| 3 | Kkr | 84.94 Bn | 132.45 Bn | - | 552.52 |
| 4 | Brookfield Asset Management | 77.34 Bn | 77.68 Bn | - | 19.81 |
| 5 | Apollo Global Management | 76.27 Bn | 95.00 Bn | 5.04 Bn | 1.03 |
| 6 | State Street | 44.42 Bn | 18.75 Bn | - | 1.53 |
| 7 | Ameriprise Financial | 41.68 Bn | 41.55 Bn | 4.57 Bn | 6.35 |
| 8 | Northern Trust | 31.21 Bn | 31.21 Bn | - | 1.44 |
| 9 | Ares Management | 28.85 Bn | 32.22 Bn | - | 7.16 |
| 10 | BlackRock TCP Capital | 332.70 Mn | 239.44 Mn | - | 1.26 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.26 |
| Dec 31, 2025 | 2.70 |
| Sep 30, 2025 | 1.62 |
| Jun 30, 2025 | 1.61 |
| Mar 31, 2025 | 2.10 |
| Dec 31, 2024 | 2.07 |
| Sep 30, 2024 | 1.60 |
| Jun 30, 2024 | 1.82 |
| Mar 31, 2024 | 2.14 |
| Dec 31, 2023 | 2.13 |
| Sep 30, 2023 | 2.33 |
| Jun 30, 2023 | 2.25 |
| Mar 31, 2023 | 2.20 |
| Dec 31, 2022 | 2.20 |
| Sep 30, 2022 | 2.40 |
| Jun 30, 2022 | 2.27 |
| Mar 31, 2022 | 2.11 |
| Dec 31, 2021 | 1.83 |
| Sep 30, 2021 | 1.78 |