BLACKROCK TCP CAPITAL CORP (TCPC) Stock Fundamental Analysis

NASDAQ:TCPC • US09259E1082

4.8 USD
-0.04 (-0.83%)
At close: Feb 13, 2026
4.82 USD
+0.02 (+0.42%)
After Hours: 2/13/2026, 8:00:00 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

4

Taking everything into account, TCPC scores 4 out of 10 in our fundamental rating. TCPC was compared to 238 industry peers in the Capital Markets industry. Both the profitability and the financial health of TCPC get a neutral evaluation. Nothing too spectacular is happening here. TCPC has a valuation in line with the averages, but on the other hand it scores bad on growth.


Dividend Valuation Growth Profitability Health

4

1. Profitability

1.1 Basic Checks

  • TCPC had positive earnings in the past year.
  • In the past year TCPC had a positive cash flow from operations.
  • The reported net income has been mixed in the past 5 years: TCPC reported negative net income in multiple years.
  • Of the past 5 years TCPC 4 years had a positive operating cash flow.
TCPC Yearly Net Income VS EBIT VS OCF VS FCFTCPC Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 100M -100M 200M

1.2 Ratios

  • TCPC has a Return On Assets of -0.51%. This is in the lower half of the industry: TCPC underperforms 78.99% of its industry peers.
  • TCPC has a Return On Equity of -1.24%. This is in the lower half of the industry: TCPC underperforms 73.53% of its industry peers.
  • Looking at the Return On Invested Capital, with a value of 5.35%, TCPC is in the better half of the industry, outperforming 69.75% of the companies in the same industry.
  • Measured over the past 3 years, the Average Return On Invested Capital for TCPC is below the industry average of 7.30%.
  • The 3 year average ROIC (4.88%) for TCPC is below the current ROIC(5.35%), indicating increased profibility in the last year.
Industry RankSector Rank
ROA -0.51%
ROE -1.24%
ROIC 5.35%
ROA(3y)-0.52%
ROA(5y)1.96%
ROE(3y)-1.23%
ROE(5y)4.36%
ROIC(3y)4.88%
ROIC(5y)4.36%
TCPC Yearly ROA, ROE, ROICTCPC Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 5 -5 10 15

1.3 Margins

  • TCPC has a better Operating Margin (55.40%) than 93.28% of its industry peers.
  • TCPC's Operating Margin has been stable in the last couple of years.
  • The Gross Margin of TCPC (57.72%) is better than 65.13% of its industry peers.
  • TCPC's Gross Margin has been stable in the last couple of years.
Industry RankSector Rank
OM 55.4%
PM (TTM) N/A
GM 57.72%
OM growth 3Y5.11%
OM growth 5Y0.96%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y1.92%
GM growth 5Y-0.19%
TCPC Yearly Profit, Operating, Gross MarginsTCPC Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20 -20 40 60 80

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ROAROEROICOperating and Profit MarginShow most profitable peers

4

2. Health

2.1 Basic Checks

  • The number of shares outstanding for TCPC has been increased compared to 1 year ago.
  • TCPC has more shares outstanding than it did 5 years ago.
  • TCPC has a worse debt/assets ratio than last year.
TCPC Yearly Shares OutstandingTCPC Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 20M 40M 60M 80M
TCPC Yearly Total Debt VS Total AssetsTCPC Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B 1.5B

2.2 Solvency

  • TCPC has an Altman-Z score of -0.17. This is a bad value and indicates that TCPC is not financially healthy and even has some risk of bankruptcy.
  • TCPC has a worse Altman-Z score (-0.17) than 78.15% of its industry peers.
  • The Debt to FCF ratio of TCPC is 5.65, which is a neutral value as it means it would take TCPC, 5.65 years of fcf income to pay off all of its debts.
  • The Debt to FCF ratio of TCPC (5.65) is better than 68.49% of its industry peers.
  • A Debt/Equity ratio of 1.42 is on the high side and indicates that TCPC has dependencies on debt financing.
  • The Debt to Equity ratio of TCPC (1.42) is worse than 70.59% of its industry peers.
Industry RankSector Rank
Debt/Equity 1.42
Debt/FCF 5.65
Altman-Z -0.17
ROIC/WACCN/A
WACCN/A
TCPC Yearly LT Debt VS Equity VS FCFTCPC Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 200M 400M 600M 800M 1B

2.3 Liquidity

  • A Current Ratio of 3.62 indicates that TCPC has no problem at all paying its short term obligations.
  • TCPC's Current ratio of 3.62 is amongst the best of the industry. TCPC outperforms 81.93% of its industry peers.
  • TCPC has a Quick Ratio of 3.62. This indicates that TCPC is financially healthy and has no problem in meeting its short term obligations.
  • With an excellent Quick ratio value of 3.62, TCPC belongs to the best of the industry, outperforming 81.93% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 3.62
Quick Ratio 3.62
TCPC Yearly Current Assets VS Current LiabilitesTCPC Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 20M 40M 60M 80M 100M

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

1

3. Growth

3.1 Past

  • The earnings per share for TCPC have decreased strongly by -20.36% in the last year.
  • The Earnings Per Share has been decreasing by -0.37% on average over the past years.
  • TCPC shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -12.01%.
  • Measured over the past years, TCPC shows a small growth in Revenue. The Revenue has been growing by 5.85% on average per year.
EPS 1Y (TTM)-20.36%
EPS 3Y8.06%
EPS 5Y-0.37%
EPS Q2Q%-16.67%
Revenue 1Y (TTM)-12.01%
Revenue growth 3Y16.26%
Revenue growth 5Y5.85%
Sales Q2Q%-28.78%

3.2 Future

  • The Earnings Per Share is expected to decrease by -23.42% on average over the next years. This is quite bad
  • The Revenue is expected to decrease by -13.17% on average over the next years. This is quite bad
EPS Next Y-21.74%
EPS Next 2Y-27.03%
EPS Next 3Y-23.42%
EPS Next 5YN/A
Revenue Next Year-21.57%
Revenue Next 2Y-16.61%
Revenue Next 3Y-13.17%
Revenue Next 5YN/A

3.3 Evolution

  • The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
TCPC Yearly Revenue VS EstimatesTCPC Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 50M 100M 150M 200M 250M
TCPC Yearly EPS VS EstimatesTCPC Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 0.5 1 1.5

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Find the best growth stocksShow best growing peers

6

4. Valuation

4.1 Price/Earnings Ratio

  • A Price/Earnings ratio of 3.61 indicates a rather cheap valuation of TCPC.
  • Based on the Price/Earnings ratio, TCPC is valued cheaply inside the industry as 92.44% of the companies are valued more expensively.
  • Compared to an average S&P500 Price/Earnings ratio of 26.68, TCPC is valued rather cheaply.
  • A Price/Forward Earnings ratio of 5.67 indicates a rather cheap valuation of TCPC.
  • Based on the Price/Forward Earnings ratio, TCPC is valued cheaper than 93.28% of the companies in the same industry.
  • TCPC is valuated cheaply when we compare the Price/Forward Earnings ratio to 28.06, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 3.61
Fwd PE 5.67
TCPC Price Earnings VS Forward Price EarningsTCPC Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30 40

4.2 Price Multiples

  • Based on the Price/Free Cash Flow ratio, TCPC is valued cheaply inside the industry as 93.28% of the companies are valued more expensively.
Industry RankSector Rank
P/FCF 2.19
EV/EBITDA N/A
TCPC Per share dataTCPC EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 2 4 6 8

4.3 Compensation for Growth

  • A cheap valuation may be justified as TCPC's earnings are expected to decrease with -23.42% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-27.03%
EPS Next 3Y-23.42%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

5

5. Dividend

5.1 Amount

  • With a Yearly Dividend Yield of 20.66%, TCPC is a good candidate for dividend investing.
  • TCPC's Dividend Yield is rather good when compared to the industry average which is at 6.25. TCPC pays more dividend than 98.32% of the companies in the same industry.
  • TCPC's Dividend Yield is rather good when compared to the S&P500 average which is at 1.84.
Industry RankSector Rank
Dividend Yield 20.66%

5.2 History

  • The dividend of TCPC has a limited annual growth rate of 3.58%.
  • TCPC has been paying a dividend for at least 10 years, so it has a reliable track record.
Dividend Growth(5Y)3.58%
Div Incr Years0
Div Non Decr Years0
TCPC Yearly Dividends per shareTCPC Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0.5 1 1.5

5.3 Sustainability

  • TCPC has negative earnings and hence a negative payout ratio. The dividend may be in danger.
DP-1212.12%
EPS Next 2Y-27.03%
EPS Next 3Y-23.42%
TCPC Yearly Income VS Free CF VS DividendTCPC Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 100M -100M 200M

More info and screens

Find the best dividend stocksShow peers with best dividend

BLACKROCK TCP CAPITAL CORP

NASDAQ:TCPC (2/13/2026, 8:00:00 PM)

After market: 4.82 +0.02 (+0.42%)

4.8

-0.04 (-0.83%)

Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)11-06
Earnings (Next)02-27
Inst Owners26.42%
Inst Owner Change-89.76%
Ins Owners0.21%
Ins Owner Change0%
Market Cap407.23M
Revenue(TTM)219.12M
Net Income(TTM)-9.19M
Analysts46.67
Price Target6.63 (38.13%)
Short Float %3.81%
Short Ratio3.36
Dividend
Industry RankSector Rank
Dividend Yield 20.66%
Yearly Dividend1.72
Dividend Growth(5Y)3.58%
DP-1212.12%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-2.24%
Min EPS beat(2)-5.91%
Max EPS beat(2)1.42%
EPS beat(4)2
Avg EPS beat(4)-1.09%
Min EPS beat(4)-5.91%
Max EPS beat(4)5.04%
EPS beat(8)3
Avg EPS beat(8)-3.19%
EPS beat(12)6
Avg EPS beat(12)-0.93%
EPS beat(16)9
Avg EPS beat(16)1.41%
Revenue beat(2)0
Avg Revenue beat(2)-5.17%
Min Revenue beat(2)-7.43%
Max Revenue beat(2)-2.91%
Revenue beat(4)0
Avg Revenue beat(4)-5.94%
Min Revenue beat(4)-7.99%
Max Revenue beat(4)-2.91%
Revenue beat(8)3
Avg Revenue beat(8)-2.51%
Revenue beat(12)6
Avg Revenue beat(12)-0.84%
Revenue beat(16)8
Avg Revenue beat(16)-0.39%
PT rev (1m)0%
PT rev (3m)-9.3%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-1.3%
EPS NY rev (1m)0%
EPS NY rev (3m)0.83%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-4.15%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.37%
Valuation
Industry RankSector Rank
PE 3.61
Fwd PE 5.67
P/S 1.86
P/FCF 2.19
P/OCF 2.19
P/B 0.55
P/tB 0.55
EV/EBITDA N/A
EPS(TTM)1.33
EY27.71%
EPS(NY)0.85
Fwd EY17.64%
FCF(TTM)2.19
FCFY45.69%
OCF(TTM)2.19
OCFY45.69%
SpS2.58
BVpS8.72
TBVpS8.72
PEG (NY)N/A
PEG (5Y)N/A
Graham Number16.16
Profitability
Industry RankSector Rank
ROA -0.51%
ROE -1.24%
ROCE 6.77%
ROIC 5.35%
ROICexc 5.54%
ROICexgc 5.62%
OM 55.4%
PM (TTM) N/A
GM 57.72%
FCFM 84.91%
ROA(3y)-0.52%
ROA(5y)1.96%
ROE(3y)-1.23%
ROE(5y)4.36%
ROIC(3y)4.88%
ROIC(5y)4.36%
ROICexc(3y)5.16%
ROICexc(5y)4.54%
ROICexgc(3y)5.23%
ROICexgc(5y)4.6%
ROCE(3y)6.17%
ROCE(5y)5.51%
ROICexgc growth 3Y22.56%
ROICexgc growth 5Y4.85%
ROICexc growth 3Y22.5%
ROICexc growth 5Y4.81%
OM growth 3Y5.11%
OM growth 5Y0.96%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y1.92%
GM growth 5Y-0.19%
F-Score3
Asset Turnover0.12
Health
Industry RankSector Rank
Debt/Equity 1.42
Debt/FCF 5.65
Debt/EBITDA N/A
Cap/Depr N/A
Cap/Sales N/A
Interest Coverage 1.92
Cash Conversion N/A
Profit Quality N/A
Current Ratio 3.62
Quick Ratio 3.62
Altman-Z -0.17
F-Score3
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-20.36%
EPS 3Y8.06%
EPS 5Y-0.37%
EPS Q2Q%-16.67%
EPS Next Y-21.74%
EPS Next 2Y-27.03%
EPS Next 3Y-23.42%
EPS Next 5YN/A
Revenue 1Y (TTM)-12.01%
Revenue growth 3Y16.26%
Revenue growth 5Y5.85%
Sales Q2Q%-28.78%
Revenue Next Year-21.57%
Revenue Next 2Y-16.61%
Revenue Next 3Y-13.17%
Revenue Next 5YN/A
EBIT growth 1Y-1.64%
EBIT growth 3Y22.19%
EBIT growth 5Y6.87%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y112.62%
FCF growth 3YN/A
FCF growth 5Y128.56%
OCF growth 1Y112.62%
OCF growth 3YN/A
OCF growth 5Y128.56%

BLACKROCK TCP CAPITAL CORP / TCPC FAQ

What is the fundamental rating for TCPC stock?

ChartMill assigns a fundamental rating of 4 / 10 to TCPC.


What is the valuation status for TCPC stock?

ChartMill assigns a valuation rating of 6 / 10 to BLACKROCK TCP CAPITAL CORP (TCPC). This can be considered as Fairly Valued.


What is the profitability of TCPC stock?

BLACKROCK TCP CAPITAL CORP (TCPC) has a profitability rating of 4 / 10.


Can you provide the financial health for TCPC stock?

The financial health rating of BLACKROCK TCP CAPITAL CORP (TCPC) is 4 / 10.


How sustainable is the dividend of BLACKROCK TCP CAPITAL CORP (TCPC) stock?

The dividend rating of BLACKROCK TCP CAPITAL CORP (TCPC) is 5 / 10 and the dividend payout ratio is -1212.12%.