YOLFTbeta
BlackRock TCP Capital Corp

BlackRock TCP Capital Corp

TCPC · NASDAQ · Financial Services / Asset Management

4.11USD+0.00 (0.00%)

Price History

Full chart

Market Stats

Previous Close4.11
Open4.13
Day Range4.08 – 4.14
52-Week Range2.95 – 5.20
Volume792.62K
Market Cap333.93M
P/E (TTM)0.00
Forward P/E9.88
EPS-1.28
Dividend Yield18.95%
Beta1.04
50-Day Avg3.85
200-Day Avg4.20

About

BlackRock TCP Capital Corp. is a business development company specializing in direct equity and debt investments in middle-market, small businesses, 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 in debt 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.

Company Details

  • SectorFinancial Services
  • IndustryAsset Management
  • CEOMr. Philip M. Tseng
  • Employees0
  • Headquarters2951 28th Street, Santa Monica, CA, United States, 90405, USA
  • Websitehttps://www.tcpcapital.com

Leadership

  • Mr. Philip M. TsengMD, CEO, Co-Chief Investment Officer & Chairman · b. 1976
  • Mr. Erik L. Cuellar CPACFO & Treasurer · b. 1971
  • Mr. Patrick WolfeChief Operating Officer · b. 1982
  • Mr. Charles Choon Sik ParkChief Compliance Officer · b. 1967
  • Ms. Diana N. Huffman Esq.General Counsel & Secretary · b. 1982
  • Mr. Robert G. DiPaolo CPAManaging Director
  • Joseph RyuManaging Director
  • Mr. Michael FenstermacherManaging Director
  • Mr. Vikas M. Keswani CFAManaging Director
  • Ms. Grishma ParekhManaging Director · b. 1980

Financials

Income Statement

Currency: USD2009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue-35.55M72.64M54.54M32.50M69.86M65.63M146.87M129.41M131.62M54.60M44.06M87.08M153.40M181.00M209.33M20.76M-76.35M
Growth (%)-+304.33%-24.92%-40.41%+114.96%-6.05%+123.78%-11.88%+1.70%-58.52%-19.30%+97.65%+76.15%+18.00%+15.65%-90.08%-467.67%
Cost of Revenue-35.55M234.58K8.26M190.70K1.19M7.01M2.56M21.11M27.87M2.69M2.86M2.55M2.64M2.59M2.53M66.16M16.84M
Gross Profit-72.40M54.54M32.31M68.67M58.62M146.87M108.31M103.75M51.91M41.20M84.53M150.76M181.00M209.33M-45.40M-93.19M
Gross Margin-99.68%100.00%99.41%98.29%89.32%100.00%83.69%78.83%95.08%93.51%97.07%98.28%100.00%100.00%-218.61%122.06%
Operating Expense-1.87M47.49M3.29M4.29M7.82M26.59M12.37M13.10M-29.27M10.62M13.16M16.97M53.21M54.71M17.22M-70.35M
Operating Income-44.71M70.53M7.05M29.02M64.38M50.80M120.28M95.94M90.65M81.18M30.58M71.37M133.79M127.80M154.61M-62.61M-22.84M
Operating Margin125.78%97.10%12.93%89.28%92.15%77.40%81.89%74.13%68.87%148.70%69.41%81.96%87.22%70.61%73.86%-301.54%29.92%
EBITDA-44.71M70.53M7.05M29.02M64.38M56.88M124.60M95.94M90.65M81.18M30.58M71.37M71.05M197.97M154.61M-62.61M-22.84M
EBITDA Margin125.78%97.10%12.93%89.28%92.15%86.67%84.84%74.13%68.87%148.70%69.41%81.96%46.32%109.37%73.86%-301.54%29.92%
Net Income54.08M70.53M6.73M27.54M63.40M49.99M58.15M95.37M90.61M45.48M30.58M71.37M133.79M-9.23M38.47M-63.14M-88.93M
Net Income Margin-152.12%97.10%12.34%84.73%90.76%76.17%39.59%73.69%68.84%83.30%69.41%81.96%87.22%-5.10%18.38%-304.06%116.48%
R&D-----------0.430.790.060.22--
R&D as % of Total Revenue-----------0.00%0.00%0.00%0.00%--
Interest Expense-234.58K321.53K190.70K1.19M7.01M15.50M21.11M27.87M40.47M41.66M36.49M35.71M35.52M43.95M66.16M66.09M
Interest Expense % of Total Revenue-0.32%0.59%0.59%1.71%10.68%10.56%16.31%21.17%74.12%94.56%41.90%23.28%19.62%21.00%318.61%-86.57%

Balance Sheet

Currency: USD2009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets462.71M473.64M403.45M549.24M803.33M1.21B1.24B1.39B1.63B1.66B1.72B1.67B1.89B1.72B1.70B1.92B1.65B
Total Liabilities95.43M75.05M165.58M233.25M253.72M474.74M521.34M596.66M758.69M829.06M945.75M907.00M1.06B972.60M1.01B1.14B1.05B
Total Equity367.27M398.59M237.87M315.99M550.78M731.13M721.98M790.94M870.73M830.47M776.32M764.99M829.46M746.75M687.60M785.12M598.01M
Cash111.45M7.75M10.83M18.04M22.98M27.27M35.63M53.58M86.63M27.92M44.85M20.01M19.55M82.44M112.24M91.59M61.08M
Total Debt75.00M50.00M29.00M74.00M95.00M328.70M996.41M1.14B1.45B805.20M907.80M850.02M1.01B944.01M985.20M1.12B1.04B
Net Debt-36.45M42.25M18.17M55.96M72.02M301.43M466.78M518.08M638.58M777.28M862.95M830.01M992.91M861.57M872.96M1.03B974.47M

Cash Flow

Currency: USD2009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow70.93M-52.99M76.76M-88.44M-195.51M-368.07M40.99M-46.08M-128.22M-46.37M4.69M122.33M-82.61M203.95M89.48M293.12M154.92M
Investing Cash Flow----145.04M-232.83M-397.46M-38.06M-107.38M-198.39M-107.09M-89.86M31.88M31.88M151.05M2.97M-101.40M
Financing Cash Flow29.46M-50.71M-73.68M95.64M200.46M372.35M-32.63M64.03M161.26M-12.33M12.23M-147.17M82.15M-141.07M-62.65M-313.77M-185.43M
Capital Expenditure50000000000000100
Free Cash Flow70.93M-52.99M76.76M-88.44M-195.51M-368.07M40.99M-46.08M-128.22M-46.37M4.69M122.33M-82.61M203.95M89.48M293.12M154.92M
Dividends Paid11.54M25.71M52.66M30.35M42.02M64.56M71.63M73.98M82.61M84.69M84.62M76.61M69.32M70.48M100.52M122.54M95.17M
FCF to OCF100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%
Dividend Paid to FCF16.27%-48.52%68.60%-34.32%-21.49%-17.54%174.75%-160.52%-64.43%-182.65%1803.04%62.63%-83.91%34.56%112.33%41.80%61.43%

Earnings

Report DateMay 14, 2012Aug 9, 2012Nov 8, 2012Mar 7, 2013May 8, 2013Aug 8, 2013Nov 7, 2013Mar 6, 2014May 8, 2014Aug 7, 2014Nov 6, 2014Mar 10, 2015May 7, 2015Aug 6, 2015Nov 5, 2015Feb 29, 2016May 10, 2016Aug 9, 2016Nov 8, 2016Feb 28, 2017May 9, 2017Aug 3, 2017Nov 7, 2017Feb 27, 2018May 9, 2018Aug 8, 2018Nov 8, 2018Feb 28, 2019May 8, 2019Aug 8, 2019Nov 6, 2019Feb 26, 2020May 11, 2020Aug 6, 2020Nov 2, 2020Feb 25, 2021May 5, 2021Aug 2, 2021Nov 3, 2021Feb 24, 2022May 4, 2022Aug 3, 2022Nov 3, 2022Feb 28, 2023May 4, 2023Aug 3, 2023Nov 2, 2023Feb 29, 2024May 1, 2024Aug 7, 2024Nov 6, 2024Feb 26, 2025May 8, 2025Aug 7, 2025Nov 6, 2025Feb 27, 2026May 6, 2026Aug 6, 2026Nov 5, 2026
EPS Estimate0.360.380.420.450.390.400.380.380.370.370.380.390.380.440.390.400.390.390.380.380.380.380.380.380.390.390.400.400.400.400.400.390.370.310.320.330.320.330.320.320.320.320.350.390.410.430.470.470.440.430.390.370.340.340.300.270.230.200.12
EPS Actual0.410.400.430.590.490.370.370.440.480.500.400.400.370.470.400.430.380.380.390.360.380.430.380.410.370.410.420.390.400.410.430.390.380.360.350.350.320.310.320.310.340.370.420.390.440.480.490.440.450.420.400.400.360.320.320.280.220.22-
Surprise13.89%5.26%2.38%31.11%25.64%-7.50%-2.63%15.79%29.73%35.14%5.26%2.56%-2.63%6.82%2.56%7.50%-2.56%-2.56%2.63%-5.26%0.00%13.16%0.00%7.89%-5.13%5.13%5.00%-2.50%0.00%2.50%7.50%0.00%2.70%16.13%9.38%6.06%0.00%-6.06%0.00%-3.13%6.25%15.63%20.00%0.00%7.32%11.63%4.26%-6.38%2.27%-2.33%2.56%7.53%5.88%-5.88%6.67%3.70%-5.38%10.00%-
TimingPre-marketPre-marketPre-marketPre-market-Pre-marketPre-market-Pre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-market-Pre-marketPre-market

Key Statistics & Ratios

Market Cap333.93M
Enterprise Value1.09B
Trailing P/E0.00
Forward P/E9.88
PEG Ratio0.91
Price / Sales1.89
Price / Book0.62
EPS-1.28
Book Value6.58
Revenue (TTM)177.04M
Gross Profit (TTM)177.04M
Profit Margin-61.27%
Operating Margin82.80%
Return on Equity-16.79%
Return on Assets5.48%
Shares Outstanding83.90M
Shares Float0
Beta1.04
Dividend Yield18.95%
Dividend Rate0.76
Payout Ratio73.08%

Analyst Ratings

Hold
Based on 5 analystsTarget 4.33
  • Hold
    4
  • Strong Sell
    1

Ownership Breakdown

Institutions
28.96%
Insiders
0.37%
Retail / Other
70.67%

Top Institutional Holders

  • Next Capital Management LLC
    3.13M3.73%
  • Amvescap Plc.
    2.38M2.83%
  • UBS Group AG
    2.21M2.63%
  • Van Eck Associates Corporation
    1.65M1.97%
  • Victory Capital Management Inc.
    1.35M1.61%
  • TRANSCEND WEALTH COLLECTIVE, LLC
    1.30M1.55%
  • Ares Management LLC
    1.05M1.26%
  • Morgan Stanley - Brokerage Accounts
    759.72K0.91%
  • Callodine Capital Management, LP
    702.23K0.84%
  • Legal & General Group PLC
    665.66K0.79%
  • Barings LLC
    591.81K0.71%
  • BlackRock Inc
    453.40K0.54%
  • Bi Asset Management Fondsmaeglerselskab A/S
    452.87K0.54%
  • LSV Asset Management
    410.10K0.49%

Top Fund Holders

  • Invesco KBW High Dividend Yld Fincl ETF
    2.32M2.77%
  • VanEck BDC Income ETF
    1.65M1.97%
  • Victory Pioneer Multi-Asset Income Y
    1.29M1.54%
  • Putnam BDC Income ETF
    956.22K1.14%
  • BankInvest Børsnoterede Alt. Akk. W
    452.87K0.54%
  • iShares Listed Private Eq ETF USD Dist
    451.94K0.54%

Dividends

20263×
0.17Sep 16, 20260.17Jun 16, 20260.17Mar 17, 2026
20254×
0.25Dec 17, 20250.25Sep 16, 20250.25Jun 16, 20250.25Mar 17, 2025
20244×
0.44Dec 17, 20240.34Sep 16, 20240.34Jun 14, 20240.34Mar 13, 2024
20234×
0.34Dec 14, 20230.10Sep 14, 20230.34Jun 15, 20230.32Mar 16, 2023
20225×
0.05Dec 28, 20220.32Dec 15, 20220.30Sep 15, 20220.30Jun 15, 20220.30Mar 16, 2022
20214×
0.30Dec 16, 20210.30Sep 15, 20210.30Jun 15, 20210.30Mar 16, 2021