BlackRock TCP Capital Corp.
TCPC
Rank in Stocks
#14091
BlackRock TCP Capital Corp. operates as a business development company (BDC)... BlackRock TCP Capital Corp. operates as a business development company (BDC) with a primary focus on deploying direct equity and debt capital into middle-market enterprises. Its investment portfolio spans a wide range of financial instruments, encompassing various forms of debt such as senior secured, junior, and originated loans, alongside mezzanine financing, corporate bonds, and opportunistic secondary-market transactions. The firm also actively seeks to acquire ownership stakes through its equity investments. Its investment strategy is geographically centered within the United States, targeting a diverse array of sectors. These include, among others, communication and media services (such as public relations, television, and wireless communications), consumer products and retail (including apparel, restaurants, and general merchandising), the energy sector (specifically oil and gas extraction), intellectual property ownership, various financial services (like credit agencies and insurance), healthcare and biotechnology, industrial engineering and manufacturing (e.g., heavy electrical equipment, chemicals), and a broad spectrum of technology and specialized business services (including IT consulting, software development, application hosting, and certain logistics providers). Individual investments typically fall within the range of $10 million to $35 million. The companies BlackRock TCP Capital Corp. supports generally possess enterprise values between $100 million and $1.5 billion, even when navigating complex operational or financial circumstances.
Share Price
$4.12
Last synced: 2026-11-09
Market Cap
$345.68M
Change (1 day)
-4.19%
Change (1 year)
-27.97%
Country
Stock data: Financial Modeling PrepΒ·Updated Β·Not investment adviceΒ·How we calculate this
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Category
Financial Services
Operating Margin for BlackRock TCP Capital Corp. (TCPC)
Operating Margin as of November 2026 TTM: 50.47%
According to BlackRock TCP Capital Corp.'s latest financial reports, its current operating margin (TTM) is 50.47%. At the end of 2025 the company had an operating margin of 29.92%.
Operating Margin history for BlackRock TCP Capital Corp. from 2009 to 2026
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2026 (TTM) | 50.47% | 68.68% |
| 2025 | 29.92% | -109.92% |
| 2024 | -301.54% | -508.26% |
| 2023 | 73.86% | 4.60% |
| 2022 | 70.61% | 2.69% |
| 2021 | 68.76% | -4.92% |
| 2020 | 72.32% | -0.08% |
| 2019 | 72.38% | 2.94% |
| 2018 | 70.31% | 2.09% |
| 2017 | 68.87% | -7.10% |
| 2016 | 74.13% | -9.48% |
| 2015 | 81.89% | 5.80% |
| 2014 | 77.40% | -16.01% |
| 2013 | 92.15% | 3.21% |
| 2012 | 89.28% | 21.95% |
| 2011 | 73.21% | -24.60% |
| 2010 | 97.10% | -22.80% |
| 2009 | 125.78% | 0.00% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin Difference | Country |
|---|---|---|---|
| 30.75% | -99.39% |
US
|
|
| 52.04% | -98.97% |
US
|
|
| 86.97% | -98.28% |
SE
|
|
| 7.84% | -99.84% |
US
|
|
| 66.24% | -98.69% |
US
|
What is a company's Operating Margin?
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.
Questions about BlackRock TCP Capital Corp.'s operating margin
What is BlackRock TCP Capital Corp.'s operating margin?
BlackRock TCP Capital Corp.'s operating margin is 50.47%, as of Nov 2026.
What was BlackRock TCP Capital Corp.'s operating margin in 2025?
In 2025, BlackRock TCP Capital Corp.'s operating margin was 29.92%, compared with -301.54% in 2024.
How has BlackRock TCP Capital Corp.'s operating margin changed since 2020?
From 2020 to 2025, BlackRock TCP Capital Corp.'s operating margin was highest in 2023 (73.86%) and lowest in 2024 (-301.54%).
How does BlackRock TCP Capital Corp.'s operating margin compare with similar companies?
BlackRock TCP Capital Corp.'s operating margin (50.47%) is higher than that of 2 of the 5 similar companies listed above. The highest among them is Investor AB (publ), with 86.97%.