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BlackRock TCP Capital Corp. (TCPC) Stock Fundamental Analysis & AI Rating 2026

TCPC Nasdaq DE CIK: 0001370755
Recently Updated • Analysis: Apr 17, 2026 • SEC Data: 2025-12-31
SELL
72% Conf
Pending
Analysis scheduled

📊 TCPC Key Takeaways

Revenue: N/A
Net Margin: N/A
Free Cash Flow: $154.9M
Current Ratio: N/A
Debt/Equity: 1.73x
EPS: $-1.05
AI Rating: SELL with 72% confidence
BlackRock TCP Capital Corp. (TCPC) receives a SELL rating with 72% confidence from our AI fundamental analysis based on SEC 10-K filings., and return on equity (ROE) of -14.9% Below is our complete TCPC stock analysis for 2026.

Is BlackRock TCP Capital Corp. (TCPC) a Good Investment?

Claude

BlackRock TCP Capital Corp reports significant net losses of -88.9M with deteriorating EPS (-32.9% YoY), resulting in substantial shareholder value destruction (ROE: -14.9%). While positive operating cash flow of 154.9M demonstrates the lending portfolio generates cash, the high leverage (1.73x D/E) combined with only 61.1M in cash against 1.0B in debt creates material refinancing and liquidity risk.

Why Buy BlackRock TCP Capital Corp. Stock? TCPC Key Strengths

Claude
  • + Positive operating cash flow of 154.9M despite net losses, indicating core lending portfolio generates cash
  • + Substantial asset base of 1.7B supports continued lending and investment activity
  • + Recent insider Form 4 activity (7 filings) suggests management confidence in recovery

TCPC Stock Risks: BlackRock TCP Capital Corp. Investment Risks

Claude
  • ! Net loss of 88.9M with diluted EPS deteriorating 32.9% YoY indicates accelerating profitability decline
  • ! Debt-to-equity of 1.73x with limited cash position creates refinancing risk and debt maturity concerns
  • ! Negative ROE (-14.9%) and ROA (-5.4%) demonstrate capital is destroying rather than creating shareholder value

Key Metrics to Watch

Claude
  • * Path to profitability and quarterly net income trends
  • * Debt maturity schedule and refinancing capability
  • * Portfolio credit quality, loan loss provisions, and default rates

BlackRock TCP Capital Corp. (TCPC) Financial Metrics & Key Ratios

Revenue
N/A
Net Income
$-88.9M
EPS (Diluted)
$-1.05
Free Cash Flow
$154.9M
Total Assets
$1.7B
Cash Position
$61.1M

💡 AI Analyst Insight

The current ratio below 1.0x warrants monitoring of short-term liquidity.

TCPC Profit Margin, ROE & Profitability Analysis

Gross Margin N/A
Operating Margin N/A
Net Margin N/A
ROE -14.9%
ROA -5.4%
FCF Margin N/A

TCPC vs Market Sector: How BlackRock TCP Capital Corp. Compares

How BlackRock TCP Capital Corp. compares to Market sector averages

Net Margin
TCPC 0.0%
vs
Sector Avg 12.0%
TCPC Sector
ROE
TCPC -14.9%
vs
Sector Avg 15.0%
TCPC Sector
Current Ratio
TCPC 0.0x
vs
Sector Avg 1.8x
TCPC Sector
Debt/Equity
TCPC 1.7x
vs
Sector Avg 0.7x
TCPC Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is BlackRock TCP Capital Corp. Stock Overvalued? TCPC Valuation Analysis 2026

Based on fundamental analysis, BlackRock TCP Capital Corp. shows some fundamental concerns relative to the Market sector in 2026.

Return on Equity
-14.9%
Sector avg: 15%
Net Profit Margin
N/A
Sector avg: 12%
Revenue Growth
N/A
Year-over-year
Debt/Equity
1.73x
Sector avg: 0.7x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

BlackRock TCP Capital Corp. Balance Sheet: TCPC Debt, Cash & Liquidity

Current Ratio
N/A
Quick Ratio
N/A
Debt/Equity
1.73x
Debt/Assets
63.8%
Interest Coverage
N/A
Long-term Debt
$1.0B

TCPC Revenue & Earnings Growth: 5-Year Financial Trend

TCPC 5-year financial data:
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: BlackRock TCP Capital Corp.'s revenue has remained relatively flat over the 5-year period, with a 0% decline. The most recent EPS of $0.67 reflects profitable operations.

TCPC Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
N/A
Free cash flow / Revenue

BlackRock TCP Capital Corp. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$154.9M
Cash generated from operations
Stock Buybacks
$3.0M
Shares repurchased (TTM)
Dividends Paid
$95.2M
Returned to shareholders

TCPC SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for BlackRock TCP Capital Corp. (CIK: 0001370755)

📋 Recent SEC Filings

Date Form Document Action
Apr 9, 2026 DEF 14A d32853ddef14a.htm View →
Mar 17, 2026 4 xslF345X05/form4.xml View →
Mar 10, 2026 4 xslF345X05/form4.xml View →
Mar 10, 2026 4 xslF345X05/form4.xml View →
Mar 10, 2026 4 xslF345X05/form4.xml View →

Frequently Asked Questions about TCPC

What is the AI rating for TCPC?

BlackRock TCP Capital Corp. (TCPC) has an AI rating of SELL with 72% confidence, based on fundamental analysis of SEC EDGAR filings.

What are TCPC's key strengths?

Claude: Positive operating cash flow of 154.9M despite net losses, indicating core lending portfolio generates cash. Substantial asset base of 1.7B supports continued lending and investment activity.

What are the risks of investing in TCPC?

Claude: Net loss of 88.9M with diluted EPS deteriorating 32.9% YoY indicates accelerating profitability decline. Debt-to-equity of 1.73x with limited cash position creates refinancing risk and debt maturity concerns.

What is TCPC's revenue and growth?

BlackRock TCP Capital Corp. reported revenue of N/A.

Does TCPC pay dividends?

BlackRock TCP Capital Corp. pays dividends, with $95.2M distributed to shareholders in the trailing twelve months.

Where can I find TCPC SEC filings?

Official SEC filings for BlackRock TCP Capital Corp. (CIK: 0001370755) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is TCPC's EPS?

BlackRock TCP Capital Corp. has a diluted EPS of $-1.05.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is TCPC a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, BlackRock TCP Capital Corp. has a SELL rating with 72% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is TCPC stock overvalued or undervalued?

Valuation metrics for TCPC: ROE of -14.9% (sector avg: 15%), net margin of N/A (sector avg: 12%). Compare these metrics with sector averages to assess valuation.

Should I buy TCPC stock in 2026?

Our dual AI analysis gives BlackRock TCP Capital Corp. a combined SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is TCPC's free cash flow?

BlackRock TCP Capital Corp.'s operating cash flow is $154.9M, with capital expenditures of N/A.

How does TCPC compare to other Market stocks?

Vs Default sector averages: Net margin N/A (avg: 12%), ROE -14.9% (avg: 15%), current ratio N/A (avg: 1.8).

Is BlackRock TCP Capital Corp. carrying too much debt?

TCPC has a debt-to-equity ratio of 1.73x, which is above the Market sector average of 0.7x. Combined with a current ratio below 1, this warrants careful monitoring of the balance sheet.

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Apr 17, 2026 | Data as of: 2025-12-31 | Powered by Claude AI