BlackRock TCP Capital (TCPC) Operating Interest Expenses (2021 - 2024)
BlackRock TCP Capital (TCPC) posted Operating Interest Expenses of $19.7 million for Q2 2024, up 49.1% on a QoQ basis from $13.2 million in Q1 2024, and up 60.53% year-over-year from $12.3 million in Q3 2023.
BlackRock TCP Capital (TCPC) Operating Interest Expenses (2021 - 2024) Analysis & Trends
BlackRock TCP Capital's Operating Interest Expenses history runs 4 years deep, the most recent figure standing at $19.7 million for Q2 2024.
- Quarterly Operating Interest Expenses rose 60.53% year-over-year to $19.7 million in Q2 2024, while the trailing twelve-month figure through Jun 2024 was $56.9 million (up 27.99% YoY) and the FY2023 annual result came in at $47.8 million, up 21.47% from the prior year.
- Operating Interest Expenses was $19.7 million for Q2 2024 at BlackRock TCP Capital, up 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.
- A 4-year average of $11.7 million and a median of $11.0 million in 2021 frame the typical range for Operating Interest Expenses.
- Annual changes were most pronounced in 2022 — Operating Interest Expenses slipped 3.33% — and 2024, when it soared 60.53%.
- BlackRock TCP Capital's 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.
- Business Quant data shows TCPC's Operating Interest Expenses at $19.7 million in Q2 2024, $13.2 million in Q1 2024, and $11.8 million in Q4 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Interest Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | Brookfield | 1,236.60 Bn | 1,311.20 Bn | 18.56 Bn | - |
| 2 | BlackRock | 161.01 Bn | 148.08 Bn | - | - |
| 3 | Blackstone | 97.77 Bn | 96.72 Bn | - | - |
| 4 | Apollo Global Management | 70.80 Bn | 90.38 Bn | -409.00 Mn | - |
| 5 | State Street | 51.30 Bn | 51.30 Bn | - | - |
| 6 | Ameriprise Financial | 48.54 Bn | 39.27 Bn | 4.57 Bn | - |
| 7 | Northern Trust | 32.93 Bn | 32.93 Bn | - | - |
| 8 | Raymond James Financial | 32.59 Bn | 17.67 Bn | - | - |
| 9 | Price T Rowe | 24.70 Bn | 21.13 Bn | - | - |
| 10 | BlackRock TCP Capital | 263.97 Mn | 170.71 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2024 | 19.73 Mn |
| Jun 30, 2024 | 19.73 Mn |
| Mar 31, 2024 | 13.23 Mn |
| Mar 31, 2024 | 13.23 Mn |
| Dec 31, 2023 | 11.84 Mn |
| Dec 31, 2023 | 11.84 Mn |
| Sep 30, 2023 | 12.13 Mn |
| Sep 30, 2023 | 12.13 Mn |
| Jun 30, 2023 | 12.29 Mn |
| Jun 30, 2023 | 12.29 Mn |
| Mar 31, 2023 | 11.55 Mn |
| Mar 31, 2023 | 11.55 Mn |
| Dec 31, 2022 | 10.48 Mn |
| Dec 31, 2022 | 10.48 Mn |
| Sep 30, 2022 | 10.17 Mn |
| Sep 30, 2022 | 10.17 Mn |
| Jun 30, 2022 | 9.37 Mn |
| Jun 30, 2022 | 9.37 Mn |
| Mar 31, 2022 | 9.35 Mn |
| Mar 31, 2022 | 9.35 Mn |