BlackRock TCP Capital TCPC
NASDAQ TCPC
$4.03 -0.04 (-0.98%)
As of: Sep 9, 2026 · 3:59 PM EDT

BlackRock TCP Capital (TCPC) Payout Ratio (2021 - 2026)

BlackRock TCP Capital's (TCPC) quarterly Payout Ratio came in at 0.33 in Q2 2026, down 16.97% on a YoY basis from 0.4 in Q2 2025, and up 3.86% quarter-over-quarter from 0.32 in Q1 2026.

Analysis

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

BlackRock TCP Capital (TCPC) has reported Payout Ratio for 6 consecutive years, with 0.33 the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Payout Ratio fell 16.97% year-over-year to 0.33; the trailing twelve-month figure through Jun 2026 stood at 0.37 (down 5.88% YoY), and the FY2025 full-year result was 0.39, up 1.08% from the prior year.
  • Payout Ratio climbed to 0.33 in Q2 2026 per TCPC's latest filing, from 0.32 in the prior quarter.
  • Across five years, Payout Ratio topped out at 0.72 in Q2 2024 and bottomed at 0.13 in Q1 2024.
  • Historically, Payout Ratio has averaged 0.38 across 5 years, with a median of 0.34 in 2023.
  • The sharpest annual moves came in 2024 and 2025: Payout Ratio tumbled 62.13% in 2024, then surged 175.45% in 2025.
  • Over 5 years, Payout Ratio stood at 0.31 in 2022, then soared by 107.53% to 0.65 in 2023, then retreated by 25.43% to 0.48 in 2024, then dropped by 14.96% to 0.41 in 2025, then decreased by 19.55% to 0.33 in 2026.
  • According to Business Quant data, Payout Ratio over the past three periods registered 0.33, 0.32, and 0.41 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Ares Capital 14.39 Bn 14.01 Bn -
2 Blackstone Secured Lending Fund 5.76 Bn 5.49 Bn -
3 Blue Owl Capital 5.62 Bn 5.38 Bn -
4 Main Street Capital 5.39 Bn 5.33 Bn -
5 Blue Owl Technology Finance 5.20 Bn 4.99 Bn -
6 Hercules Capital 4.68 Bn 4.64 Bn -
7 FS KKR Capital 3.48 Bn 3.37 Bn -
8 Golub Capital Bdc 3.38 Bn 3.34 Bn -
9 PennantPark Floating Rate Capital 2.47 Bn -134.94 Mn -
10 BlackRock TCP Capital 341.48 Mn 183.94 Mn -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 0.33
Mar 31, 2026 0.32
Dec 31, 2025 0.41
Sep 30, 2025 0.40
Jun 30, 2025 0.40
Mar 31, 2025 0.35
Dec 31, 2024 0.48
Sep 30, 2024 0.35
Jun 30, 2024 0.72
Mar 31, 2024 0.13
Dec 31, 2023 0.65
Sep 30, 2023 0.44
Jun 30, 2023 0.28
Mar 31, 2023 0.33
Dec 31, 2022 0.31
Sep 30, 2022 0.28
Jun 30, 2022 0.31
Mar 31, 2022 0.33
Dec 31, 2021 0.36