Hercules Capital, Inc. (HTGC)

NYSE: HTGC · Real-Time Price · USD

17.71

+0.04 (0.23%)

At close: Sep 2, 2026, 4:00 PM EDT

17.76

+0.05 (0.29%)

After-hours: Sep 2, 2026, 7:56 PM EDT

Hercules Capital Ratios and Metrics

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

Millions USD. Fiscal year is Jan - Dec.

Total Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 2, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Market Capitalization	3,269	3,377	3,321	2,489	1,706	1,905
Market Cap Growth	-7.82%	1.68%	33.45%	45.84%	-10.43%	16.05%
Enterprise Value	5,571	5,516	5,040	4,095	3,177	3,086
Last Close Price	17.71	17.21	16.62	12.47	8.72	9.64

Price Ratios

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 2, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
PE Ratio	8.79	10.02	12.77	7.45	17.09	11.05
Forward PE	9.14	9.36	10.06	8.29	7.87	12.15
PS Ratio	5.77	6.34	6.73	5.40	5.31	6.78
PB Ratio	1.44	1.52	1.67	1.38	1.22	1.46
P/TBV Ratio	1.44	1.52	1.67	1.38	1.22	1.46
P/FCF Ratio	388.02	-	-	36.93	-	14.83
P/OCF Ratio	384.33	-	-	36.45	-	14.81
PEG Ratio	-	0.52	0.52	0.52	0.52	0.49

EV Ratios

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 2, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
EV/Sales Ratio	9.84	10.36	10.21	8.89	9.88	10.98
EV/EBITDA Ratio	11.75	12.39	12.23	10.73	12.68	14.46
EV/EBIT Ratio	11.76	12.40	12.24	10.73	12.69	14.48
EV/FCF Ratio	661.25	-	-	60.76	-	24.01

Financial Efficiency

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 2, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Debt / Equity Ratio	1.03	1.04	0.90	0.87	1.13	0.95
Debt / EBITDA Ratio	4.92	5.13	4.30	4.05	6.22	5.74
Debt / FCF Ratio	278.94	-	-	23.15	-	9.68
Net Debt / Equity Ratio	1.01	1.01	0.84	0.81	1.12	0.85
Net Debt / EBITDA Ratio	4.85	5.04	4.06	3.83	6.24	5.20
Net Debt / FCF Ratio	273.22	-5.27	-14.09	21.68	-3.68	8.64
Asset Turnover	0.13	0.13	0.14	0.14	0.11	0.11
Quick Ratio	0.12	0.19	0.65	0.83	1.00	0.35
Current Ratio	0.12	0.20	0.66	1.00	1.23	0.36
Return on Equity (ROE)	17.32%	16.16%	13.87%	21.07%	7.53%	13.40%
Return on Assets (ROA)	6.60%	6.61%	7.10%	7.40%	5.56%	5.10%
Return on Capital Employed (ROCE)	12.00%	10.90%	11.40%	11.70%	8.40%	9.80%

Yields

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 2, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Earnings Yield	11.63%	10.06%	7.92%	13.56%	5.98%	9.14%
FCF Yield	0.26%	-12.61%	-3.58%	2.71%	-24.90%	6.74%
Dividend Yield	10.62%	9.30%	9.63%	12.75%	16.39%	13.59%
Payout Ratio	93.31%	81.26%	95.62%	67.21%	165.87%	83.47%
Buyback Yield / Dilution	-13.89%	-16.87%	-11.58%	-14.34%	-9.23%	-3.28%
Total Shareholder Return	-3.28%	-7.57%	-1.95%	-1.59%	7.16%	10.31%

SEC Filings: 10-K · 10-Q