Hercules Capital Ratios and Metrics

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Feb '26 Feb 11, 2026	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Market Capitalization	3,007	3,321	2,489	1,706	1,905	1,642
Market Cap Growth	-11.19%	33.45%	45.84%	-10.43%	16.05%	12.11%
Enterprise Value	5,130	5,040	4,095	3,177	3,086	2,916
Last Close Price	16.89	18.18	13.63	9.54	10.54	8.37
PE Ratio	9.56	12.77	7.45	17.09	11.05	7.28
Forward PE	8.34	10.06	8.29	7.87	12.15	10.78
PS Ratio	5.65	6.73	5.40	5.31	6.78	5.72
PB Ratio	1.38	1.67	1.38	1.22	1.46	1.27
P/TBV Ratio	1.37	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	9.93	10.21	8.89	9.88	10.98	10.15
EV/EBITDA Ratio	11.84	12.23	10.73	12.68	14.46	12.99
EV/EBIT Ratio	11.85	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 Employed (ROCE)	11.00%	10.90%	11.70%	8.40%	9.80%	8.70%
Earnings Yield	10.28%	7.92%	13.56%	5.98%	9.14%	13.84%
FCF Yield	-13.35%	-3.58%	2.71%	-24.90%	6.74%	12.65%
Dividend Yield	11.22%	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	-3.04%	-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