BlackRock TCP Capital (TCPC) Operating Leases (2022 - 2024)
BlackRock TCP Capital's (TCPC) quarterly Operating Leases came in at $6.5 million in Q3 2024, down 4.04% quarter-over-quarter from $6.8 million in Q2 2024.
Analysis
BlackRock TCP Capital (TCPC) Operating Leases (2022 - 2024) Analysis & Trends
BlackRock TCP Capital (TCPC) has reported Operating Leases for 3 consecutive years, with $6.5 million the latest figure, recorded in Q3 2024.
- For the quarter ending Q3 2024, Operating Leases changed N/A year-over-year to $6.5 million; the trailing twelve-month figure through Sep 2024 stood at $6.5 million (changed N/A YoY), and the FY2023 full-year result was $5.3 million, up 9.5% from the prior year.
- Operating Leases fell to $6.5 million in Q3 2024 per TCPC's latest filing, from $6.8 million in the prior quarter.
- Across five years, Operating Leases topped out at $6.8 million in Q2 2024 and bottomed at $4.9 million in Q4 2022.
- Historically, Operating Leases has averaged $5.9 million across 3 years, with a median of $5.9 million in 2024.
- The widest YoY moves for Operating Leases: up 9.5% in 2023, down 9.5% in 2023.
- Over 3 years, Operating Leases stood at $4.9 million in 2022, then increased by 9.5% to $5.3 million in 2023, then gained by 22.3% to $6.5 million in 2024.
- According to Business Quant data, Operating Leases over the past three periods registered $6.5 million, $6.8 million, and $5.9 million for Q3 2024, Q2 2024, and Q1 2024 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Ares Capital | 14.08 Bn | 13.70 Bn | - |
| 2 | Blackstone Secured Lending Fund | 5.66 Bn | 5.39 Bn | - |
| 3 | Blue Owl Capital | 5.48 Bn | 5.24 Bn | - |
| 4 | Main Street Capital | 5.24 Bn | 5.18 Bn | - |
| 5 | Blue Owl Technology Finance | 4.96 Bn | 4.75 Bn | - |
| 6 | Hercules Capital | 4.65 Bn | 4.60 Bn | - |
| 7 | FS KKR Capital | 3.34 Bn | 3.23 Bn | - |
| 8 | Golub Capital Bdc | 3.30 Bn | 3.25 Bn | - |
| 9 | PennantPark Floating Rate Capital | 2.48 Bn | -127.00 Mn | - |
| 10 | BlackRock TCP Capital | 336.92 Mn | 179.37 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2024 | 6.54 Mn |
| Jun 30, 2024 | 6.82 Mn |
| Mar 31, 2024 | 5.88 Mn |
| Dec 31, 2023 | 5.35 Mn |
| Dec 31, 2022 | 4.88 Mn |