# BlackRock TCP Capital share price today (BlackRock TCP Capital Corp., TCPC)

> BlackRock TCP Capital Corp.'s share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. TCPC · Financials · Asset Management · data as of 3 November 2026. Page: https://www.sectoralpha.in/us/stocks/tcpc

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## Key numbers

- Price: $4.20 (−26.1% in a year)
- P/BV: 0.6× (higher than 51% of the last 1 year)
- Revenue (Jun 2026): $40.0 M (−22.2% on a year ago)
- Profit (Jun 2026): $1.8 M
- Net margin: 4.4% (+35.3 points on a year ago)
- ROE: −17%, FY25

Biggest thing to watch: the price is not yet in a clear uptrend, so timing is the risk more than the business. ## What is the BlackRock TCP Capital share price today? BlackRock TCP Capital Corp.'s share price was $4.20 at the close on 3 November 2026. That is 5.0% above its average price over the last 200 trading days. In the last 52 weeks it traded between $3 and $6, and at that close it sat 35% of the way up from that low. Over the past 13 weeks it has done better than the S&P 500, and it has stayed ahead for 12 weeks in a row. Over the last 1 year the share price moved −47% while the S&P 500 moved +21%, so it is behind the index over that whole period. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What dividend does BlackRock TCP Capital pay? BlackRock TCP Capital Corp. paid $0.84 per share over the last four reported quarters. The most recent declaration was $0.17 for Jun 2026. At today's price of $4.20 that is a yield of 20.00%, based on dividends already paid, not a forecast. ## Which stock lists is BlackRock TCP Capital on? BlackRock TCP Capital is not in the Nasdaq 100, the S&P 500 or the Dow Jones 30, and is not on the US tech stocks list. ## Is BlackRock TCP Capital profitable? BlackRock TCP Capital Corp. earned $1.8 M of net profit in the Jun 2026 quarter. The full FY25 year was a loss of $88.9 M. That is 4.4% of the quarter's revenue. The same quarter a year earlier lost $15.9 M. 6 of the last 12 reported quarters were loss-making. ## How much revenue does BlackRock TCP Capital make, and is it growing? BlackRock TCP Capital Corp. reported $40.0 M of income in the Jun 2026 quarter, −22.2% on the same quarter a year earlier. Over 4 years it has grown 5.1% a year on average. The last full year, FY25, came in at $202 M. The last four reported quarters add to $177 M. Recent pace: the last four quarters grew −25.8% on average, against 5.1% a year over the longer run, so this year is growing slower than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew −26.1%, against −12.7% a year over the last 8 quarters (rolling over). ## How much does BlackRock TCP Capital keep from what it earns? BlackRock TCP Capital Corp.'s net margin was 4.4% in the Jun 2026 quarter, 35.3 percentage points higher than the same quarter a year ago. Across 5 years it has been between −44.1% and 81.0%. The latest quarter is within that range. Why: the net margin move is clear, but the cost details behind it are not in our data, so we show the move without guessing the reason. ## How many of BlackRock TCP Capital's loans have gone bad? BlackRock TCP Capital Corp. does not report loan-quality figures this page can read, so this section says so rather than guess. No bad-loan figures are filed in a form this page can read, and none are guessed from the profit line. The income, margin and return sections carry what this business does report. Why: loan quality drives a lender, but its details (new bad loans, recoveries, money set aside) are not in our data for this company. The sections around this one carry what we can back up. ## How fast is BlackRock TCP Capital's loan book growing? BlackRock TCP Capital Corp.'s revenue was $202 M in FY25, −22.2% on the year before, so the loan book is not growing. The latest quarter was −22.2% on a year earlier. The net margin on that income is 4.4%, +35.3 percentage points on a year ago. Interest income stands in for the size of the loan book; changes in interest rates can move it a few points in any year. In short: a lender grows well when its loan book grows, its margin stays steady and its loans stay clean. Quarterly loan-quality figures are missing here, so revenue growth and margin are the two we watch. ## What is BlackRock TCP Capital's P/BV ratio, and how does it compare with its own history? BlackRock TCP Capital Corp.'s P/BV is 0.6×, in the middle of its own history: higher than 51% of past readings. Its usual P/BV (the middle reading) is 0.6×, over 1 year of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. Why the multiple is low: this lender earns about −17% a year on its equity. A lender that earns less on its net worth is valued lower for each dollar of it, and that gap usually closes only if returns improve. In short: the multiple is about average against its own past, so the book value trend underneath matters more than the multiple. ## Is the BlackRock TCP Capital business getting better or worse? BlackRock TCP Capital Corp.'s business trend cannot be read yet. There are fewer than eight usable quarters of growth figures, so there is not enough history to read the trend. This is based on 12 quarters of 2 measures, with some gaps. Why it matters: with too little history, we say so rather than guess a direction. One or more growth lines have an extreme jump caused by comparing with a near-zero or loss-making quarter. Those jumps are capped before reading and drawn at the edge of the chart, so one odd quarter does not decide the result. There are fewer than eight usable quarters, so this page does not guess a direction from so little history. ## How much does BlackRock TCP Capital earn on its equity and assets? BlackRock TCP Capital Corp. earned a return on equity of −15% in FY25. That is its lowest yearly reading on file. On its assets, every $100 earned about $5.48, before the effect of borrowing. For a lender the balance sheet is the business, so the return on equity and on assets have to be read together. That return is below the level a bank needs to grow its net worth quickly, which helps explain why its multiple is where it is. Why: the ROE chart shows the move, but the deposit-cost and bad-loan details behind it are not in our data. ## Does BlackRock TCP Capital have too much debt? For a bank, borrowing is the raw material of the business, not a warning sign: it borrows money in order to lend it out. Its safety is read through its returns and its loans. Its safety is read from the bad-loan figures and the return on equity instead. For a manufacturer, debt is a claim on its profits. For a lender it is the stock it trades in, so the usual debt-to-equity test would mislead and is not used here. ## What is the BlackRock TCP Capital shareholding pattern? We have no ownership or short-position figures for BlackRock TCP Capital Corp., so this section says so rather than fill the gap. At normal trading volumes, closing those positions would take about 7.4 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead. ## How far is BlackRock TCP Capital from balance-sheet trouble? For BlackRock TCP Capital Corp., the Z-score is not used, because it was built for manufacturers, not lenders. For a lender, safety is read from its capital and bad-loan figures instead. ## How does BlackRock TCP Capital rank in its industry? There is no score against its industry: BlackRock TCP Capital Corp. is not among the largest members shown in this industry comparison for Asset Management. The score ranks a company within its industry: each measure is scored against the other members. Without that group there is no score, so none is shown. ## Which companies is BlackRock TCP Capital compared with? No sector comparison is shown here, not among the largest members shown in this industry comparison. ## Which companies are close to BlackRock TCP Capital in size? BlackRock TCP Capital is the 76th largest of 90 Asset Management companies on Sector Alpha by market value (scores of 3 November 2026). Just above it: Noah Holdings, Gladstone Capital Corporation and AlTi Global, Inc. Just below it: Eagle Point Credit Company, Crescent Capital BDC, Inc. and CION Investment Corporation. ### Asset Management companies close in size

1. [Noah Holdings Limited](https://www.sectoralpha.in/us/stocks/noah) $465 million
2. [Gladstone Capital Corporation](https://www.sectoralpha.in/us/stocks/glad) $433 million
3. [AlTi Global, Inc.](https://www.sectoralpha.in/us/stocks/alti) $382 million
4. BlackRock TCP Capital Corp. $352 million
5. [Eagle Point Credit Company](https://www.sectoralpha.in/us/stocks/ecc) $350 million
6. [Crescent Capital BDC, Inc.](https://www.sectoralpha.in/us/stocks/ccap) $345 million
7. [CION Investment Corporation](https://www.sectoralpha.in/us/stocks/cion) $336 million

[All 90 Asset Management companies, largest first](https://www.sectoralpha.in/us/sectors/asset-management#all-companies)

### Companies close in size in other industries

1. [Ranger Energy Services, Inc.](https://www.sectoralpha.in/us/stocks/rngr) $352 million · Oil & Gas Equipment & Services
2. [Waterstone Financial, Inc.](https://www.sectoralpha.in/us/stocks/wsbf) $351 million · Banks - Regional
3. BlackRock TCP Capital Corp. $351 million
4. [Emergent BioSolutions Inc.](https://www.sectoralpha.in/us/stocks/ebs) $349 million · Drug Manufacturers - Specialty & Generic
5. [Eightco Holdings Inc.](https://www.sectoralpha.in/us/stocks/orbs) $349 million · Packaging & Containers

## What else do people ask about BlackRock TCP Capital? ### What were BlackRock TCP Capital's latest quarterly results? BlackRock TCP Capital Corp. reported total income of $40.0 M and net profit of $1.8 M for the Jun 2026 quarter. Earnings per share were $0.02. The net margin was 4.4%, 35.3 percentage points higher than a year earlier (as of 3 November 2026). ### What is BlackRock TCP Capital's market cap? BlackRock TCP Capital Corp.'s market capitalisation is $352 M at a stock price of $4.20. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is BlackRock TCP Capital performing? BlackRock TCP Capital Corp.'s latest readings are below. Over the past 13 weeks it has done better than the S&P 500, for 12 weeks running. This describes what the data did, not a rating (as of 3 November 2026). ### Will BlackRock TCP Capital's stock price go up? This page does not forecast BlackRock TCP Capital Corp.'s stock price. What it shows instead: the stock price is $4.20. Its P/BV of 0.6× is higher than 51% of its own last 1 years. Nobody can reliably say which way a price will move, and this site does not try (as of 3 November 2026). ### Where is BlackRock TCP Capital in its business cycle? BlackRock TCP Capital Corp.'s FY25 net margin was −44.1%, against a 5-year range of −44.1% to 81.0%: the low end of its own range, which is often where recoveries start. The latest quarter was 4.4%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the BlackRock TCP Capital story? Biggest thing to watch: the price is not yet in a clear uptrend, so timing is the risk more than the business. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is BlackRock TCP Capital a stock worth studying right now? What the numbers show: BlackRock TCP Capital Corp.'s share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: the next one or two quarters of results. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). This is research, not advice. We’re not SEBI-registered.