BlackRock TCP Capital Corp.

BlackRock TCP Capital Corp.

TCPCยทNASDAQ

$3.73

-4.8%
Financial ServicesAsset Management

BlackRock TCP Capital Corp. is a business development company specializing in direct equity and debt investments in middle-market, debt securities, senior secured loans, junior loans, originated loans, mezzanine, senior debt instruments, bonds, and secondary-market investments. It typically invests in communication services, public relations services, television, wireless telecommunication services, apparel, textile mills, restaurants, retailing, energy, oil and gas extraction, Patent owners and Lessors, Federal and Federally- Sponsored Credit agencies, insurance, hospital and healthcare centers, Biotechnology, engineering services, heavy electrical equipment, tax accounting, scientific and related consulting services, charter freight air transportation, Information technology consulting, application hosting services, software diagram and design, computer aided design, communication equipment, electronics manufacturing equipment, computer components, chemicals. It seeks to invest in the United States. The fund typically invests between $10 million and $35 million in companies with enterprise values between $100 million and $1500 million including complex situations. It prefers to make equity investments in companies for an ownership stake.

At a Glance

Live Snapshot
Market Cap$312.96M
EPS-1.0500
P/E Ratio-3.55
Earnings Date08/06/2026
3Y-74.0%
5Y-56.0%
10Y-216.0%
3Y-33.0%
5Y+218.0%
10Y-194.0%
3Y+31.0%
5Y+26.0%
10Y-390.0%
TCPC

BlackRock TCP Capital Corp. Cash Conversion Engine

TCPC ยท NASDAQ
Net Income278.13M
Depreciation & Amortization-93.15M
Stock-Based Compensation0.00
Change in Working Capital-26.09M
Others-105.37M
Capital Expenditures0.00
Free Cash Flow154.92M

Cash Flow Quality Analysis

FCF Conversion Rate

55.7%

Weak cash conversion. Significant portion of earnings not converting to cashโ€”review working capital trends and capital intensity.

FCF Growth Trend

-47.1%

Significant FCF decline raises concerns. Urgent review needed of operational performance and capital allocation.

Working Capital Impact

-$26.09M

Minimal working capital impact on FCF. Changes in operating assets and liabilities well-managed.

Cash Flow Quality Insight

Deteriorating cash generation: Both declining FCF and weak conversion rate signal fundamental challenges. Investigate margin pressure, rising costs, or working capital issues.

BlackRock TCP Capital Corp. Cash Flow Statement

TCPC โ€ข NASDAQ

BlackRock TCP Capital Corp. Cash Flow StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
OPERATING ACTIVITIES
278.1M
-63.1M
38.5M
-9.2M
133.8M
71.4M
30.6M
45.5M
67.9M
76.3M
59.1M
34.5M
49.5M
25.9M
6.7M
69M
54.1M
-93.2M
0.0
0.0
70.2M
-6.1M
-6.1M
-25.2M
9M
-13M
-30.1M
4.3M
6.1M
-56M
-3.5M
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
5.9M
26.3M
-68.1M
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
267.1K
-1.1M
-142.8K
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
-105.4M
362.8M
54.9M
164.6M
-194.3M
27.1M
-47.2M
-19.1M
-184.4M
-95.1M
-40.5M
-386M
-188.6M
-133.2M
29.5M
-108.6M
-45.4M
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(86.1K)
(528.6K)
(877.9K)
(877.9K)
(0.0)
(0.0)
(503K)
(0.0)
(21.8K)
(0.0)
-26.1M
-6.5M
-3.9M
-21.6M
-16M
23.8M
21.3M
-13.5M
1.2M
2.8M
18.1M
-22.7M
-464.7K
22.3M
40.5M
-13.4M
62.2M
53.5M
293.1M
89.5M
203.9M
-82.6M
122.3M
4.7M
-46.4M
-128.2M
-46.1M
41M
-368.1M
-195.5M
-88.4M
76.8M
-53M
70.9M
INVESTING ACTIVITIES
-251.3M
-325.8M
-215.7M
-330.4M
-448.8M
-448.8M
-686.2M
-619.9M
-854.1M
-580.8M
-494.1M
-663.5M
-468.5M
-356.3M
(0.0)
(0.0)
(0.0)
352.7M
517.1M
218.7M
481.5M
480.7M
480.7M
596.4M
512.8M
655.7M
473.5M
456.1M
266M
235.6M
211.2M
0.0
0.0
0.0
0.0
-191.3M
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
(101.4M)
(0.0)
(3M)
(151M)
(31.9M)
(31.9M)
-89.9M
-107.1M
-198.4M
-107.4M
-38.1M
-397.5M
-232.8M
-145M
(0.0)
(0.0)
(0.0)
FINANCING ACTIVITIES
-3M
-4.5M
0.0
0.0
0.0
-6.1M
-114.2K
-1M
94.5M
33.1M
2.2M
207.6M
224.6M
81M
0.0
0.0
0.0
-87.3M
-178.3M
37.9M
-70.6M
155.9M
-60.3M
102.2M
77M
152.9M
110.2M
41M
236M
21M
45M
-21M
-25M
41M
-95.2M
-122.5M
-100.5M
-70.5M
-69.3M
-76.6M
-84.6M
-84.7M
-82.6M
-74M
-71.6M
-64.6M
-42M
-30.4M
-52.7M
-25.7M
-11.5M
-3M
-4.5M
(0.0)
(0.0)
-6.1M
-6.1M
-125.7K
-1M
(0.0)
-1.9M
-1.8M
(0.0)
(0.0)
(0.0)
-23.5K
(0.0)
(0.0)
0.0
-8.4M
0.0
0.0
-4.4M
-4.1M
-5.2M
-3.6M
91M
-5.3M
128.2M
200.9M
-3.1M
0.0
0.0
0.0
0.0
-185.4M
-313.8M
-62.6M
-141.1M
82.2M
-147.2M
12.2M
-12.3M
161.3M
64M
-32.6M
372.4M
200.5M
95.6M
-73.7M
-50.7M
29.5M
CASH FLOW SUMMARY
0.0
0.0
0.0
-151M
-31.9M
-31.9M
89.9M
107.1M
198.4M
107.4M
38.1M
397.5M
232.8M
145M
0.0
0.0
0.0
-30.5M
-20.7M
29.8M
62.9M
-454.3K
-24.8M
16.9M
-58.7M
33M
18M
8.4M
4.3M
4.9M
7.2M
3.1M
-103.7M
0.0
91.6M
112.2M
82.4M
19.6M
20M
44.8M
27.9M
86.6M
53.6M
35.6M
27.3M
23M
18M
10.8M
7.7M
111.5M
0.0
61.1M
91.6M
112.2M
82.4M
19.6M
20M
44.8M
27.9M
86.6M
53.6M
35.6M
27.3M
23M
18M
10.8M
7.7M
111.5M
154.9M
293.1M
89.5M
203.9M
-82.6M
122.3M
4.7M
-46.4M
-128.2M
-46.1M
41M
-368.1M
-195.5M
-88.4M
76.8M
-53M
70.9M

SEC Filings

TCPC - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
8-K

8-K 2026

N/A

June 01, 2026
May 27, 2026
2026
8-K

8-K 2026

N/A

May 27, 2026
May 27, 2026
2026
8-K

8-K 2026

N/A

May 07, 2026
May 07, 2026
2026
10-Q

10-Q 2026 Q1

Q1

May 07, 2026
March 31, 2026
2026
DEF 14A

DEF 14A 2026

N/A

April 09, 2026
May 27, 2026
2026
8-K

8-K 2026

N/A

February 27, 2026
February 27, 2026
2026
10-K

10-K 2025 FY

FY

February 27, 2026
December 31, 2025
2025
8-K

8-K 2026

N/A

January 23, 2026
January 23, 2026
2026
8-K

8-K 2025

N/A

November 06, 2025
November 06, 2025
2025
10-Q

10-Q 2025 Q3

Q3

November 06, 2025
September 30, 2025
2025
Showing 1 to 10 of 226 filings