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Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. BlackRock TCP Capital's selling, general, & admin. expense for the
three
months ended in Jun. 2026 was $2.65 Mil.
Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Jun. 2026 was $11.28 Mil.
BlackRock TCP Capital (NAS:TCPC) Selling, General, & Admin. Expense Explanation
An efficient operation keeps SGA costs low and thus has higher profit margin. The percentage of SGA relative to total revenue is an indication of how efficiently the company operates. Compare this percentage among the companies in the same industry is a good way of finding more efficient operations. A comparison of the SGA cost relative to the revenue with the historical value can also be an indication of how efficient the company has become.
Warren Buffett likes companies with consistent SGA as the percentage of gross profit.
Companies with no durable competitive advantage show wild variation in SG&A as % of Gross Profit.
If SGA is less than 30% of Gross Profit, it is fantastic. If SGA is nearing 100%, it is is in highly competitive industry.
BlackRock TCP Capital Selling, General, & Admin. Expense Related Terms
BlackRock TCP Capital Selling, General, & Admin. Expense Historical Data
* Premium members only.
The historical data trend for BlackRock TCP Capital's Selling, General, & Admin. Expense 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.
BlackRock TCP Capital Selling, General, & Admin. Expense Chart
TCPC vs EOT, XFLT, TDF: Selling, General, & Admin. Expense Comparison
For the Asset Management subindustry, BlackRock TCP Capital's Selling, General, & Admin. Expense, along with its competitors' market caps and Selling, General, & Admin. Expense 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 Selling, General, & Admin. Expense vs Asset Management Industry
For the Asset Management industry and Financial Services sector, BlackRock TCP Capital's Selling, General, & Admin. Expense distribution charts can be found below:
* The bar in red indicates where BlackRock TCP Capital's Selling, General, & Admin. Expense falls into.
BlackRock TCP Capital Selling, General, & Admin. Expense Calculation
Selling, General, & Admin. Expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. For instance, personnel cost, advertising, rent, communication costs are all part of SGA.
Selling, General, & Admin. Expense for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $11.28 Mil.
* 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.
What does a Selling, General, & Admin. Expense of $11.28 Mil mean?
BlackRock TCP Capital (TCPC) has a Selling, General, & Admin. Expense of $11.28 Mil as of Jun. 2026. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on BlackRock TCP Capital and its competitors.
Is BlackRock TCP Capital's Selling, General, & Admin. Expense too high?
BlackRock TCP Capital's current Selling, General, & Admin. Expense is $11.28 Mil. 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 Selling, General, & Admin. Expense compare to EOT and XFLT?
BlackRock TCP Capital's Selling, General, & Admin. Expense of $11.28 Mil can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Selling, General, & Admin. Expense for an Asset Management company?
A good Selling, General, & Admin. Expense depends on the Asset Management industry context. However, Selling, General, & Admin. Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Selling, General, & Admin. Expense mean?
A high Selling, General, & Admin. Expense can signal that a stock is expensive relative to its fundamentals. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on BlackRock TCP Capital and its competitors. BlackRock TCP Capital's current Selling, General, & Admin. Expense is $11.28 Mil. 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 Selling, General, & Admin. Expense of $11.28 Mil. The current Selling, General, & Admin. Expense is $11.28 Mil. 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 Selling, General, & Admin. Expense calculated?
Selling, General, & Admin. Expense is calculated from a company's financial statements. For BlackRock TCP Capital (TCPC), the current Selling, General, & Admin. Expense is $11.28 Mil 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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