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BlackRock TCP CapitalTCPC -2.86%24 ROA % is 0.47% as of Jun. 2026, which is 81% below its 10-year median of 2.51. GuruFocus rates TCPC with a GF Score™ of 24/100. Among 1,633 Asset Management companies, BlackRock TCP Capital ranks worse than 85.06% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. BlackRock TCP Capital's annualizedNet Income for the quarter that ended in Jun. 2026 was $7.00 Mil.
BlackRock TCP Capital's average Total Assets over the quarter that ended in Jun. 2026 was $1,493.01 Mil. Therefore, BlackRock TCP Capital's annualized ROA % for the quarter that ended in Jun. 2026 was 0.47%.
The historical rank and industry rank for BlackRock TCP Capital's ROA % or its related term are showing as below:
TCPC'
s ROA % Range Over the Past 10 Years
Min: -6.47 Med: 2.51 Max: 7.5
Current: -6.47
During the past 13 years, BlackRock TCP Capital's highest ROA % was 7.50%. The lowest was -6.47%. And the median was 2.51%.
TCPC's ROA % is ranked worse than 85.06% of 1633
companies
in the Asset Management industry
Industry Median: 4.39
vs TCPC: -6.47
BlackRock TCP Capital (NAS:TCPC) ROA % Explanation
ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A banks ROA % is typically well under 2%.
Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:
Note:
The Net Income data used here is four times the quarterly (Jun. 2026) net income data. The Revenue data used here is four times the quarterly (Jun. 2026) revenue data.
* 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.
Be Aware
Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.
E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.
* 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.
For the Asset Management subindustry, BlackRock TCP Capital's ROA %, along with its competitors' market caps and ROA % 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 ROA % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, BlackRock TCP Capital's ROA % distribution charts can be found below:
* The bar in red indicates where BlackRock TCP Capital's ROA % falls into.
* 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.
In the calculation of annual ROA %, the net income of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Jun. 2026) net income data.
ROA % is displayed in the 30-year financial page.
BlackRock TCP Capital (TCPC) has a ROA % of 0.47% as of Jun. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on BlackRock TCP Capital and its competitors. This is 81% below median its historical median of 2.51. According to the industry distribution chart, BlackRock TCP Capital ranks #1389 out of 1633 companies in the Asset Management industry, placing it in the top 85.1%.
Is BlackRock TCP Capital's ROA % too high?
BlackRock TCP Capital's current ROA % of 0.47% is 81% below median its 10-year median of 2.51. The Asset Management industry median ROA % is 4.39. BlackRock TCP Capital's value of 0.47% is 89.3% below this industry median. Based on the distribution chart, BlackRock TCP Capital ranks #1389 out of 1633 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, BlackRock TCP Capital has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does BlackRock TCP Capital's ROA % compare to EOT and XFLT?
According to the Asset Management industry distribution chart, BlackRock TCP Capital ranks #1389 out of 1633 companies for ROA %. This places BlackRock TCP Capital in the lower half of its industry. The industry median ROA % is 4.39. BlackRock TCP Capital's value of 0.47% is 89.3% below this benchmark. While the company's 10-year median is 2.51 vs. the industry median of 4.39, BlackRock TCP Capital has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROA % for an Asset Management company?
The median ROA % among Asset Management companies is 4.39, based on 1,633 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. BlackRock TCP Capital's current ROA % of 0.47% is 89.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on BlackRock TCP Capital and its competitors. For the Asset Management industry, the median ROA % is 4.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BlackRock TCP Capital's current ROA % is 0.47%, which is 81% below median its own 10-year median of 2.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BlackRock TCP Capital stock overvalued right now?
BlackRock TCP Capital (TCPC) has a current ROA % of 0.47%. The current ROA % is 0.47%, which is 81% below median its 10-year median of 2.51 and 89.3% below the Asset Management industry median of 4.39. BlackRock TCP Capital's overall GF Score™ is 24/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROA % calculated?
ROA % is calculated from a company's financial statements. For BlackRock TCP Capital (TCPC), the current ROA % is 0.47% as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
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 its investment objective 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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