BlackRock TCP Capital Corp. TCPC

Nasdaq

Last close 4.07 2026-09-04
Market cap $341.5M 2026-06-30 share count
52-week range 3.08 - 7.28

Valuation FY2025 figures against the last close

P/S—
P/E—
P/FCF2.2x
EV/EBITDA—
Dividend yield27.9%
Diluted EPS-1.05

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
SG&A $1.9M$2.4M$1.5M$1.8M$1.9M———
Total operating expenses $92.0M$127.2M$102.5M$92.6M$92.6M$88.9M——
Net income -$88.9M-$63.1M$38.5M-$9.2M$133.8M$71.4M——
EPS, basic -1.05-0.790.67-0.162.321.23——
EPS, diluted -1.05-0.790.67-0.162.321.23——
Shares, diluted (wtd. avg.) 85.0M79.7M57.8M57.8M57.8M58.0M58.8M58.8M

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
Cash and equivalents $61.1M$91.6M$112.2M$82.4M$19.6M$20.0M$44.8M—
Total assets $1.65B$1.92B$1.70B$1.72B$1.89B———
Long-term debt $1.04B$1.12B$985.2M$944.0M$1.01B———
Total liabilities $1.05B$1.14B$1.01B$972.6M$1.06B———
Retained earnings -$1.13B-$946.0M-$280.1M-$221.2M————
Total equity $598.0M$785.1M$687.6M$746.8M$829.5M$765.0M$776.3M$830.5M

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
Operating cash flow $154.9M$293.1M$92.5M$203.9M-$82.6M$122.3M——
Financing cash flow -$185.4M-$313.8M-$62.6M-$141.1M$82.2M-$147.2M——
Dividends paid $95.2M$122.5M$100.5M$70.5M$69.3M$76.6M——
Buybacks $3.0M$4.5M$0$0————

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001193125-26-079299.

Plot the figures US dollars

Income statement Revenue Cost of revenue Gross profit R&D SG&A Total operating expenses Operating income Interest expense Pre-tax income Income tax Net income EPS, basic EPS, diluted Shares, diluted (wtd. avg.)
Balance sheet Cash and equivalents Short-term investments Receivables Inventory Total current assets Property, plant and equipment Goodwill Other intangibles Total assets Accounts payable Short-term debt Total current liabilities Long-term debt Total liabilities Retained earnings Total equity
Cash flow Operating cash flow Depreciation and amortisation Stock-based compensation Capital expenditure Investing cash flow Financing cash flow Dividends paid Buybacks
  • Total current assets
  • Operating cash flow
  • Total operating expenses
  • Total current liabilities
Total current assets, Operating cash flow, Total operating expenses, Total current liabilities by fiscal year, in US dollars The same figures are in the table below this chart. -100M 0 100M 200M 300M Operating cash flow, FY2020: 122.3M Total operating expenses, FY2020: 88.9M Operating cash flow, FY2021: -82.6M Total operating expenses, FY2021: 92.6M Operating cash flow, FY2022: 203.9M Total operating expenses, FY2022: 92.6M Operating cash flow, FY2023: 92.5M Total operating expenses, FY2023: 102.5M Operating cash flow, FY2024: 293.1M Total operating expenses, FY2024: 127.2M Operating cash flow, FY2025: 154.9M Total operating expenses, FY2025: 92M FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025
Fiscal year FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Total current assets — — — — — — — —
Operating cash flow — — $122.3M -$82.6M $203.9M $92.5M $293.1M $154.9M
Total operating expenses — — $88.9M $92.6M $92.6M $102.5M $127.2M $92.0M
Total current liabilities — — — — — — — —

Recent filings and events

  • Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
  • Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
  • Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
  • Acquisition or disposal completed A purchase or sale of a significant business or asset has closed. Item 2.01
  • Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
  • Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
  • Material agreement signed Item 1.01
  • Material agreement terminated An agreement that mattered has ended. Often the other half of a deal that fell through. Item 1.02
  • New debt or obligation The company has taken on debt or a comparable obligation. Item 2.03
  • Shareholder vote The results of the annual meeting or a special vote. Item 5.07
  • Results announced Item 2.02
  • Regulation FD disclosure Item 7.01

Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.