TCPC (TCPC) financial statements
Net income was -$89M.
The diluted share count rose 47% over the period (dilution).
Income statement
Fiscal years, from TCPC's 10-K filings with the SEC.
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Selling, general and admin | — | $2M | $2M | $2M | $2M | $2M |
| Interest expense | $36M | $36M | $39M | $48M | $72M | $66M |
| Net income | $71M | $134M | -$9M | $38M | -$63M | -$89M |
| EPS (diluted) | $1.23 | $2.32 | -$0.16 | $0.67 | -$0.79 | -$1.05 |
| Diluted shares | 58M | 58M | 58M | 58M | 80M | 85M |
Balance sheet
Fiscal years, from TCPC's 10-K filings with the SEC.
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Cash and short-term investments | $20M | $20M | $82M | $112M | $92M | $61M |
| Total assets | — | $1.9B | $1.7B | $1.7B | $1.9B | $1.7B |
| Long-term debt | $856M | — | — | — | — | — |
| Total liabilities | — | $1.1B | $973M | $1.0B | $1.1B | $1.1B |
| Shareholders' equity | $765M | $829M | $747M | $688M | $785M | $598M |
| Net debt | $836M | -$20M | -$82M | -$112M | -$92M | -$61M |
Cash flow
Fiscal years, from TCPC's 10-K filings with the SEC.
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Operating cash flow | $122M | -$83M | $204M | $92M | $293M | $155M |
| Dividends paid | $77M | $69M | $70M | $101M | $123M | $95M |
| Share buybacks (net) | — | — | $0 | $0 | -$5M | -$3M |
| Dividends per share | $1.32 | $1.20 | $1.22 | $1.74 | $1.54 | $1.12 |
Every line, every quarterThe deep dive has fifteen-plus years of statements, quarterly results, charts and valuation models for TCPC.
Open TCPC in InvestinglyFrom TCPC's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.