BlackRock TCP Capital (TCPC) Invested Capital (2021 - 2026)

BlackRock TCP Capital (TCPC) reported Invested Capital of $1.5 billion for Q1 2026, down 20.7% on a YoY basis from $1.9 billion in Q1 2025, and down 8.73% quarter-over-quarter from $1.6 billion in Q4 2025.

BlackRock TCP Capital (TCPC) Invested Capital (2021 - 2026) Analysis & Trends

BlackRock TCP Capital has reported Invested Capital for 6 years, with the latest figure at $1.5 billion in Q1 2026.

  • For the quarter ending Q1 2026, Invested Capital fell 20.7% year-over-year to $1.5 billion; the trailing twelve-month figure through Mar 2026 stood at $1.5 billion (down 20.7% YoY), and the FY2025 full-year result was $1.6 billion, down 14.18% from the prior year.
  • Invested Capital for Q1 2026 stood at $1.5 billion, down from $1.6 billion in the prior quarter.
  • The five-year high for Invested Capital was $2.3 billion in Q1 2024, with the low at $807.0 million in Q2 2022.
  • Historically, Invested Capital has averaged $1.7 billion across 5 years, with a median of $1.8 billion in 2023.
  • Annual changes were most pronounced in 2022 — Invested Capital surged 121.05% — and 2026, when it slipped 20.7%.
  • BlackRock TCP Capital's Invested Capital stood at $1.7 billion in 2022, then slipped by 1.06% to $1.7 billion in 2023, then rose by 13.79% to $1.9 billion in 2024, then fell by 14.18% to $1.6 billion in 2025, then decreased by 8.73% to $1.5 billion in 2026.
  • The last three Invested Capital figures came in at $1.5 billion (Q1 2026), $1.6 billion (Q4 2025), and $1.8 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Invested Cap. (Qtr)
1 BlackRock 163.18 Bn 153.56 Bn - 69.22 Bn
2 Blackstone 96.85 Bn 95.80 Bn - 8.37 Bn
3 Kkr 86.45 Bn 133.96 Bn - 30.50 Bn
4 Apollo Global Management 82.30 Bn 101.04 Bn 5.04 Bn 53.75 Bn
5 State Street 46.95 Bn 21.27 Bn - -
6 Ameriprise Financial 43.65 Bn 43.52 Bn 4.57 Bn 8.75 Bn
7 Northern Trust 31.92 Bn 31.92 Bn - 12.99 Bn
8 Raymond James Financial 30.62 Bn 19.37 Bn - 12.57 Bn
9 Ares Management 29.04 Bn 32.41 Bn - 12.75 Bn
10 BlackRock TCP Capital 287.16 Mn 193.90 Mn - 1.49 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 1.49 Bn
Dec 31, 2025 1.63 Bn
Sep 30, 2025 1.79 Bn
Jun 30, 2025 1.92 Bn
Mar 31, 2025 1.88 Bn
Dec 31, 2024 1.90 Bn
Sep 30, 2024 2.03 Bn
Jun 30, 2024 2.19 Bn
Mar 31, 2024 2.26 Bn
Dec 31, 2023 1.67 Bn
Sep 30, 2023 1.71 Bn
Jun 30, 2023 1.77 Bn
Mar 31, 2023 1.77 Bn
Dec 31, 2022 1.69 Bn
Sep 30, 2022 1.80 Bn
Jun 30, 2022 807.00 Mn
Mar 31, 2022 824.46 Mn
Dec 31, 2021 1.84 Bn
Sep 30, 2021 814.20 Mn