BlackRock TCP Capital (TCPC) Price to FCF (2021 - 2026)
BlackRock TCP Capital's (TCPC) quarterly Price to FCF came in at 2.93 in Q2 2026, up 118.72% on a YoY basis from 1.34 in Q2 2025, and up 53.51% quarter-over-quarter from 1.91 in Q1 2026.
Analysis
BlackRock TCP Capital (TCPC) Price to FCF (2021 - 2026) Analysis & Trends
BlackRock TCP Capital (TCPC) has reported Price to FCF for 6 consecutive years, with 2.93 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Price to FCF rose 118.72% year-over-year to 2.93; the trailing twelve-month figure through Jun 2026 stood at 0.71 (down 80.19% YoY), and the FY2025 full-year result was 2.99, up 18.11% from the prior year.
- Price to FCF advanced to 2.93 in Q2 2026 per TCPC's latest filing, from 1.91 in the prior quarter.
- Across five years, Price to FCF topped out at 75.48 in Q2 2022 and bottomed at 15.64 in Q2 2025.
- Historically, Price to FCF has averaged 12.69 across 5 years, with a median of 11.05 in 2024.
- The sharpest annual moves came in 2024 and 2025: Price to FCF surged 231.56% in 2024, then sank 246.23% in 2025.
- Over 5 years, Price to FCF stood at 21.07 in 2022, then retreated by 21.56% to 16.53 in 2023, then sank by 37.44% to 10.34 in 2024, then advanced by 10.36% to 11.41 in 2025, then slumped by 74.35% to 2.93 in 2026.
- According to Business Quant data, Price to FCF over the past three periods registered 2.93, 1.91, and 11.41 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
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.93 |
| Mar 31, 2026 | 1.91 |
| Dec 31, 2025 | 11.41 |
| Sep 30, 2025 | 5.08 |
| Jun 30, 2025 | -15.64 |
| Mar 31, 2025 | 12.98 |
| Dec 31, 2024 | 10.34 |
| Sep 30, 2024 | 6.98 |
| Jun 30, 2024 | 10.70 |
| Mar 31, 2024 | 19.37 |
| Dec 31, 2023 | 16.53 |
| Sep 30, 2023 | 14.57 |
| Jun 30, 2023 | 13.71 |
| Mar 31, 2023 | -14.72 |
| Dec 31, 2022 | 21.07 |
| Sep 30, 2022 | 4.78 |
| Jun 30, 2022 | 75.48 |
| Mar 31, 2022 | 30.96 |
| Dec 31, 2021 | -23.40 |