BlackRock TCP Capital (TCPC) Operating Margin: History & Chart

BlackRock TCP Capital Corp.(TCPC)

Asset Management · Santa Monica, CA

$3.99+0.01 (+0.25%)

Delayed quote: Oct 6, 2026, 4:00 PM EDT

About BlackRock TCP Capital Corp.

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.

Santa Monica, CA

24,900 employees

www.tcpcapital.com

Financial Services / Asset Management

Sector: Financial Services
Industry: Asset Management
CEO: Jason A. Mehring

View full financials

TCPC Operating Margin Metrics

OPERATING MARGIN

29.92%

OPERATING MARGIN AVG TTM

-95.00%

OPERATING MARGIN AVG 3Y

56.65%

OPERATING MARGIN AVG 5Y

63.02%

OPERATING MARGIN AVG 10Y

71.12%

OPERATING MARGIN AVG 15Y

74.80%

OPERATING MARGIN AVG 20Y

N/A

CURRENT VS TTM AVG

+131.49%

CURRENT VS 3Y AVG

-47.19%

CURRENT VS 5Y AVG

-52.52%

CURRENT VS 10Y AVG

-57.93%

CURRENT VS 15Y AVG

-60.00%

CURRENT VS 20Y AVG

N/A

SECTOR MEDIAN · FINANCIAL SERVICES

16.09%

median of 716 covered companies

CURRENT VS SECTOR MEDIAN

+85.95%

vs the sector median at left

NAME	MARKET CAP	OPERATING MARGIN	TTM	3Y	5Y
BlackRock TCP Capital Corp. (TCPC)	$334.77M	29.92%	-95.00%	56.65%	63.02%
Bold Eagle Acquisition Corp. (BEAG)vs ›	$334.79M	0.00%	0.00%	0.00%	0.00%
Crescent Capital BDC, Inc. (CCAP)vs ›	$334.38M	76.15%	64.31%	54.35%	65.51%
Blue Water Acquisition Corp III (BLUW)vs ›	$335.36M	0.00%	0.00%	0.00%	0.00%
C&F Financial Corporation (CFFI)vs ›	$332.63M	18.82%	16.13%	20.42%	21.43%
Orion180 Insurance Group, Inc. Class A (OIG)vs ›	$337.41M	N/A	N/A	N/A	N/A
BayCom Corp (BCML)vs ›	$337.86M	23.17%	23.25%	26.09%	25.69%
RRE Ventures Acquisition Corp. (RREV)vs ›	$330.67M	N/A	N/A	N/A	N/A
Fifth Era Acquisition Corp I Class A Ordinary Shares (FERA)vs ›	$330.02M	0.00%	0.00%	0.00%	0.00%
Oxley Bridge Acquisition Limited (OBA)vs ›	$328.74M	0.00%	0.00%	0.00%	0.00%

NAME

MARKET CAP

OPERATING MARGIN

TTM

BlackRock TCP Capital Corp. (TCPC)

$334.77M

29.92%

-95.00%

56.65%

63.02%

Bold Eagle Acquisition Corp. (BEAG)vs ›

$334.79M

0.00%

Crescent Capital BDC, Inc. (CCAP)vs ›

$334.38M

76.15%

64.31%

54.35%

65.51%

Blue Water Acquisition Corp III (BLUW)vs ›

$335.36M

0.00%

C&F Financial Corporation (CFFI)vs ›

$332.63M

18.82%

16.13%

20.42%

21.43%

Orion180 Insurance Group, Inc. Class A (OIG)vs ›

$337.41M

N/A

BayCom Corp (BCML)vs ›

$337.86M

23.17%

23.25%

26.09%

25.69%

RRE Ventures Acquisition Corp. (RREV)vs ›

$330.67M

N/A

Fifth Era Acquisition Corp I Class A Ordinary Shares (FERA)vs ›

$330.02M

0.00%

Oxley Bridge Acquisition Limited (OBA)vs ›

$328.74M

0.00%

Operating Margin FAQ

What is the operating margin for BlackRock TCP Capital Corp. (TCPC)?

The operating margin for TCPC stock is 29.92%.

Is BlackRock TCP Capital Corp.'s operating margin high or low?

The operating margin of 29.92% is 53% below its 5-year average of 63.02%, near the high end of its 5-year range (-635.60%–222.80%).

What is the TTM average operating margin for BlackRock TCP Capital Corp. (TCPC)?

The TTM average operating margin for TCPC stock is -95.00%.

What is the 3Y average operating margin for BlackRock TCP Capital Corp. (TCPC)?

The 3Y average operating margin for TCPC stock is 56.65%.

What is the 5Y average operating margin for BlackRock TCP Capital Corp. (TCPC)?

The 5Y average operating margin for TCPC stock is 63.02%.

What is the 10Y average operating margin for BlackRock TCP Capital Corp. (TCPC)?

The 10Y average operating margin for TCPC stock is 71.12%.

What is the 15Y average operating margin for BlackRock TCP Capital Corp. (TCPC)?

The 15Y average operating margin for TCPC stock is 74.80%.

DATE	OPERATING MARGIN
2026-06-30	45.33%
2026-03-31	-2.57%
2025-12-31	59.90%
2025-09-30	57.94%
2025-06-30	-635.60%
2025-03-31	53.44%
2024-12-31	222.80%
2024-09-30	47.07%
2024-06-30	177.09%
2024-03-31	24.28%
2023-12-31	73.35%
2023-09-30	74.65%
2023-06-30	73.93%
2023-03-31	73.46%
2022-12-31	71.75%
2022-09-30	71.69%
2022-06-30	69.71%
2022-03-31	69.04%
2021-12-31	68.96%
2021-09-30	68.38%
2021-06-30	68.39%
2021-03-31	69.35%
2020-12-31	69.71%
2020-09-30	69.67%
2020-06-30	70.26%
2020-03-31	80.02%
2019-12-31	72.28%
2019-09-30	73.07%
2019-06-30	72.57%
2019-03-31	71.53%
2018-12-31	70.49%
2018-09-30	69.89%
2018-06-30	70.32%
2018-03-31	70.58%
2017-12-31	63.68%
2017-09-30	66.57%
2017-06-30	72.32%
2017-03-31	71.93%
2016-12-31	72.93%
2016-09-30	76.41%
2016-06-30	76.78%
2016-03-31	68.99%
2015-12-31	51.21%
2015-09-30	77.38%
2015-06-30	78.04%
2015-03-31	80.91%
2014-12-31	84.48%
2014-09-30	76.65%
2014-06-30	83.45%
2014-03-31	92.02%
2013-12-31	90.59%
2013-09-30	91.70%
2013-06-30	91.91%
2013-03-31	94.76%
2012-12-31	87.16%
2012-09-30	92.82%
2012-06-30	91.29%
2012-03-31	83.18%
2011-12-31	6.62%
2011-09-30	104.41%
2011-06-30	88.29%

DATE

OPERATING MARGIN

2026-06-30

45.33%

2026-03-31

-2.57%

2025-12-31

59.90%

2025-09-30

57.94%

2025-06-30

-635.60%

2025-03-31

53.44%

2024-12-31

222.80%

2024-09-30

47.07%

2024-06-30

177.09%

2024-03-31

24.28%

2023-12-31

73.35%

2023-09-30

74.65%

2023-06-30

73.93%

2023-03-31

73.46%

2022-12-31

71.75%

2022-09-30

71.69%

2022-06-30

69.71%

2022-03-31

69.04%

2021-12-31

68.96%

2021-09-30

68.38%

2021-06-30

68.39%

2021-03-31

69.35%

2020-12-31

69.71%

2020-09-30

69.67%

2020-06-30

70.26%

2020-03-31

80.02%

2019-12-31

72.28%

2019-09-30

73.07%

2019-06-30

72.57%

2019-03-31

71.53%

2018-12-31

70.49%

2018-09-30

69.89%

2018-06-30

70.32%

2018-03-31

70.58%

2017-12-31

63.68%

2017-09-30

66.57%

2017-06-30

72.32%

2017-03-31

71.93%

2016-12-31

72.93%

2016-09-30

76.41%

2016-06-30

76.78%

2016-03-31

68.99%

2015-12-31

51.21%

2015-09-30

77.38%

2015-06-30

78.04%

2015-03-31

80.91%

2014-12-31

84.48%

2014-09-30

76.65%

2014-06-30

83.45%

2014-03-31

92.02%

2013-12-31

90.59%

2013-09-30

91.70%

2013-06-30

91.91%

2013-03-31

94.76%

2012-12-31

87.16%

2012-09-30

92.82%

2012-06-30

91.29%

2012-03-31

83.18%

2011-12-31

6.62%

2011-09-30

104.41%

2011-06-30

88.29%

Operating Margin: 29.92%

TCPC Operating Margin

TCPC Average Operating Margin Chart

TCPC Current vs Average Operating Margin Chart

TCPC Operating Margin Metrics

TCPC Competitors' Operating Margin

Operating Efficiency

Operating Margin Formula & Definition

Operating Margin FAQ

TCPC Operating Margin History

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