BlackRock TCP Capital Return on Equity (ROE) Growth & History (TCPC)
BlackRock TCP Capital's return on equity was −12.86% for fiscal 2025.
View full BlackRock TCP Capital company overviewBlackRock TCP Capital annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | −12.86% | −4.29 pp |
| 2024 | 2024-12-31 | −8.57% | −13.94 pp |
| 2023 | 2023-12-31 | 5.36% | +6.54 pp |
| 2022 | 2022-12-31 | −1.17% | −17.95 pp |
| 2021 | 2021-12-31 | 16.78% | +7.52 pp |
| 2020 | 2020-12-31 | 9.26% | — |
BlackRock TCP Capital quarterly return on equity
| Fiscal quarter | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.31% | +2.40 pp |
| Q1 2026 | 2026-03-31 | −2.80% | −5.47 pp |
| Q4 2025 | 2025-12-31 | −17.68% | −13.01 pp |
| Q3 2025 | 2025-09-30 | 3.29% | +0.80 pp |
| Q2 2025 | 2025-06-30 | −2.09% | +3.52 pp |
| Q1 2025 | 2025-03-31 | 2.67% | +2.05 pp |
| Q4 2024 | 2024-12-31 | −4.67% | −2.80 pp |
| Q3 2024 | 2024-09-30 | 2.49% | +0.76 pp |
| Q2 2024 | 2024-06-30 | −5.61% | −7.78 pp |
| Q1 2024 | 2024-03-31 | 0.62% | −2.42 pp |
| Q4 2023 | 2023-12-31 | −1.87% | +4.24 pp |
| Q3 2023 | 2023-09-30 | 1.73% | −1.46 pp |
| Q2 2023 | 2023-06-30 | 2.17% | — |
| Q1 2023 | 2023-03-31 | 3.03% | — |
| Q4 2022 | 2022-12-31 | −6.12% | — |
| Q3 2022 | 2022-09-30 | 3.19% | — |
BlackRock TCP Capital return on equity trends
Over the last five fiscal years, BlackRock TCP Capital's return on equity decreased from 9.26% to −12.86%, a change of −22.12 percentage points. The latest reported quarter, Q2 2026, shows 0.31%.
What return on equity (ROE) means
Return on equity (ROE) measures how much net income a company generates relative to shareholders’ equity. It can help evaluate how efficiently equity capital is used, but unusually high or negative values may reflect leverage, losses, or a small equity base.
How return on equity is calculated
TickerStat calculates ROE as SEC-reported net income divided by average stockholders’ equity at the beginning and end of the fiscal period. Periods with missing or non-positive average equity are omitted. Quarterly ROE uses quarterly net income and is not annualized. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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