The historical rank and industry rank for BlackRock TCP Capital's Pretax Margin % or its related term are showing as below:
TCPC'
s Pretax Margin % Range Over the Past 10 Years
Min: -329.11 Med: 84.31 Max: 88.58
Current: 79.37
TCPC's Pretax Margin % is ranked worse than 56.24% of 1668
companies
in the Asset Management industry
Industry Median: 89.59
vs TCPC: 79.37
BlackRock TCP Capital Pretax Margin % Historical Data
The historical data trend for BlackRock TCP Capital's Pretax Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of BlackRock TCP Capital's Pretax Margin %
For the Asset Management subindustry, BlackRock TCP Capital's Pretax Margin %, along with its competitors' market caps and Pretax Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
BlackRock TCP Capital's Pretax Margin % Distribution in the Asset Management Industry
For the Asset Management industry and Financial Services sector, BlackRock TCP Capital's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where BlackRock TCP Capital's Pretax Margin % falls into.
BlackRock TCP Capital Pretax Margin % Calculation
Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.
BlackRock TCP Capital's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
BlackRock TCP Capital (NAS:TCPC) Pretax Margin % Explanation
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
BlackRock TCP Capital Pretax Margin % Related Terms
Thank you for viewing the detailed overview of BlackRock TCP Capital's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
BlackRock TCP Capital (BlackRock TCP Capital) Business Description
BlackRock TCP Capital Corp is an externally-managed specialty finance company focused on middle-market lending. Its investment objective is to achieve high total returns through current income and capital appreciation, with an emphasis on principal protection. It seeks to achieve our investment objective primarily through investments in debt securities of middle-market companies. The group generates returns through a combination of the receipt of contractual interest payments on debt investments and origination and similar fees, and, to a lesser extent, equity appreciation through options, warrants, conversion rights or direct equity investments.
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