Hercules Capital, Inc. (HTGC)

Hercules Capital Ratios and Metrics

Market cap in millions USD. Fiscal year is January - December.

Fiscal Year	Current	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 11, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Market Capitalization	3,413	3,321	2,489	1,706	1,905	1,642
Market Cap Growth	11.99%	33.45%	45.84%	-10.43%	16.05%	12.11%
Enterprise Value	5,560	5,040	4,095	3,177	3,086	2,916
Last Close Price	19.05	18.18	13.63	9.54	10.54	8.37
PE Ratio	10.85	12.77	7.45	17.09	11.05	7.28
Forward PE	9.49	10.06	8.29	7.87	12.15	10.78
PS Ratio	6.38	6.73	5.40	5.31	6.78	5.72
PB Ratio	1.56	1.67	1.38	1.22	1.46	1.27
P/TBV Ratio	1.56	1.67	1.38	1.22	1.46	1.27
P/FCF Ratio	-	-	36.93	-	14.83	7.91
P/OCF Ratio	-	-	36.45	-	14.81	7.90
PEG Ratio	-	9.49	9.49	9.49	9.49	9.49
EV/Sales Ratio	10.76	10.21	8.89	9.88	10.98	10.15
EV/EBITDA Ratio	12.83	12.23	10.73	12.68	14.46	12.99
EV/EBIT Ratio	12.84	12.24	10.73	12.69	14.48	13.02
EV/FCF Ratio	-	-	60.76	-	24.01	14.04
Debt / Equity Ratio	0.99	0.90	0.87	1.13	0.95	1.00
Debt / EBITDA Ratio	4.97	4.30	4.05	6.22	5.74	5.70
Debt / FCF Ratio	-	-	23.15	-	9.68	6.24
Asset Turnover	0.13	0.14	0.14	0.11	0.11	0.11
Quick Ratio	0.14	2.51	0.83	1.00	0.35	5.98
Current Ratio	0.18	2.57	1.00	1.23	0.36	7.07
Return on Equity (ROE)	15.36%	13.87%	21.07%	7.53%	13.40%	18.75%
Return on Assets (ROA)	6.71%	7.10%	7.40%	5.56%	5.10%	5.51%
Return on Capital (ROIC)	6.79%	7.21%	7.52%	5.66%	5.18%	5.58%
Return on Capital Employed (ROCE)	11.00%	10.90%	11.70%	8.40%	9.80%	8.70%
Earnings Yield	8.99%	7.92%	13.56%	5.98%	9.14%	13.84%
FCF Yield	-11.67%	-3.58%	2.71%	-24.90%	6.74%	12.65%
Dividend Yield	9.88%	8.80%	11.66%	14.99%	12.43%	15.30%
Payout Ratio	107.28%	95.62%	67.21%	165.87%	83.47%	67.07%
Buyback Yield / Dilution	-14.31%	-11.58%	-14.34%	-9.23%	-3.28%	-10.53%
Total Shareholder Return	-4.46%	-2.78%	-2.68%	5.76%	9.14%	4.76%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q