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