BlackRock TCP Capital (TCPC) Short-Term Debt issuances (2021 - 2026)
BlackRock TCP Capital's Short-Term Debt issuances was $15.92 million in Q2 2026, down 80.6% from $82 million a year earlier and down 95.1% from the prior quarter.
BlackRock TCP Capital (TCPC) Short-Term Debt issuances (2021 - 2026) Analysis & Trends
On a trailing twelve-month basis, BlackRock TCP Capital's Short-Term Debt issuances was $487.84 million through Jun 30, 2026, up 23.2% year-over-year; for FY2025, it came in at $282.19 million, down 24.3% from FY2024.
- Short-Term Debt issuances shows a five-year compound annual growth rate of -11.0% (FY2020 to FY2025).
- In earlier years, Short-Term Debt issuances was $372.84 million in FY2024 (+27.4%), $292.7 million in FY2023 (-48.9%), $572.6 million in FY2022 (-37.5%) and $915.47 million in FY2021 (+81.6%).
- The Q2 2026 figure marks the lowest quarterly Short-Term Debt issuances in data going back to Q4 2021.
- Compared with a year earlier, Short-Term Debt issuances was higher in five of the last eight quarters, with growth averaging 75.4%.
- The best year-over-year quarter for Short-Term Debt issuances over five years was Q1 2026 (growth of 494.1%); the worst was Q2 2026 (a decline of 80.6%).
- Per Business Quant data, TCPC's Short-Term Debt issuances in the three quarters before Q2 2026 was $326.74 million (Q1 2026), $34.19 million (Q4 2025) and $111 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ST Debt Issuance (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 44.95 Bn | 30.63 Bn | - | - |
| 2 | Orix | 41.97 Bn | 42.47 Bn | - | - |
| 3 | Royalty Pharma | 33.14 Bn | 33.05 Bn | - | - |
| 4 | Federal National Mortgage Association Fannie Mae | 24.99 Bn | 24.99 Bn | - | - |
| 5 | Affirm Holdings | 23.75 Bn | 17.44 Bn | - | - |
| 6 | Synchrony Financial | 23.25 Bn | -44.72 Bn | - | - |
| 7 | Royal Gold | 19.67 Bn | 18.90 Bn | 390.45 Mn | - |
| 8 | Annaly Capital Management | 14.04 Bn | 5.13 Bn | - | 2,163.37 Bn |
| 9 | Ares Capital | 13.76 Bn | 11.19 Bn | - | - |
| 10 | BlackRock TCP Capital | 338.13 Mn | -34.75 Mn | - | 15.92 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 15.92 Mn |
| Mar 31, 2026 | 326.74 Mn |
| Dec 31, 2025 | 34.19 Mn |
| Sep 30, 2025 | 111.00 Mn |
| Jun 30, 2025 | 82.00 Mn |
| Mar 31, 2025 | 55.00 Mn |
| Dec 31, 2024 | 21.44 Mn |
| Sep 30, 2024 | 237.61 Mn |
| Jun 30, 2024 | 67.91 Mn |
| Mar 31, 2024 | 45.89 Mn |
| Dec 31, 2023 | 51.88 Mn |
| Sep 30, 2023 | 78.80 Mn |
| Jun 30, 2023 | 44.12 Mn |
| Mar 31, 2023 | 117.88 Mn |
| Dec 31, 2022 | 110.63 Mn |
| Sep 30, 2022 | 61.54 Mn |
| Jun 30, 2022 | 86.41 Mn |
| Mar 31, 2022 | 314.02 Mn |
| Dec 31, 2021 | 171.66 Mn |
BlackRock TCP Capital Short-Term Debt issuances API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=short-term-debt-issuances&ticker=TCPC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "short-term-debt-issuances", "ticker": "TCPC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=short-term-debt-issuances&ticker=TCPC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();