BlackRock TCP Capital (TCPC) Operating Interest Expenses (2021 - 2024)

BlackRock TCP Capital (TCPC) has reported Operating Interest Expenses for 4 consecutive years, with $19.7 million the latest figure, recorded in Q2 2024.

• For the quarter ending Q2 2024, Operating Interest Expenses rose 60.53% year-over-year to $19.7 million; the trailing twelve-month figure through Jun 2024 stood at $56.9 million (up 27.99% YoY), and the FY2023 full-year result was $47.8 million, up 21.47% from the prior year.
• Operating Interest Expenses grew to $19.7 million in Q2 2024 per TCPC's latest filing, from $13.2 million in the prior quarter.
• Across five years, Operating Interest Expenses topped out at $19.7 million in Q2 2024 and bottomed at $9.3 million in Q1 2022.
• Historically, Operating Interest Expenses has averaged $11.7 million across 4 years, with a median of $11.0 million in 2021.
• The sharpest annual moves came in 2022 and 2024: Operating Interest Expenses retreated 3.33% in 2022, then jumped 60.53% in 2024.
• Over 4 years, Operating Interest Expenses stood at $9.7 million in 2021, then climbed by 8.54% to $10.5 million in 2022, then gained by 13.01% to $11.8 million in 2023, then surged by 66.62% to $19.7 million in 2024.
• According to Business Quant data, Operating Interest Expenses over the past three periods registered $19.7 million, $13.2 million, and $11.8 million for Q2 2024, Q1 2024, and Q4 2023 respectively.