← Hercules Capital, Inc. HTGC
Market Price
$16.69
Market Cap
$3.17B
P/E Ratio
9.02
Revenue (FY 2025)
↑24.0% YoY
$438.52M
3-Yr CAGR: 33.4%
Net Income
↑29.2% YoY
$339.74M
Net Margin: 77.5%
Free Cash Flow
↓-258.5% YoY
-$425.89M
FCF Yield: -13.45%
EPS (Diluted)
↑14.9% YoY
$1.85
Basic: $1.90
Return on Equity
Efficiency
15.3%
ROA: 7.4%
📊 Multi-Year Historical Performance & Trends
Financial Performance History
Revenue, Net Income & Free Cash Flow
Margins Trend (%)
Gross, Operating & Net Margins
Balance Sheet Strength
Cash, Debt & Equity
Cash Flow Generation
Operating Cash Flow vs CapEx vs FCF
📈 Year-over-Year (YoY) Growth History (HTGC)
All monetary values in millions ($M)| Fiscal Year | Revenue | Revenue YoY | Gross Profit | Net Income | Net Inc YoY | Diluted EPS | EPS YoY | Op. Cash Flow | Free Cash Flow | FCF YoY |
|---|---|---|---|---|---|---|---|---|---|---|
| FY 2020 | — | — | — | — | — | — | — | $207.8M | $207.8M | — |
| FY 2021 | $253.4M | — | $185.8M | $174.2M | — | $1.49 | — | $128.6M | $128.6M | -38.1% |
| FY 2022 | $184.6M | -27.1% | $122.3M | $102.1M | -41.4% | $0.79 | -47.0% | $-424.8M | $-424.9M | -430.4% |
| FY 2023 | $426.5M | +131.0% | $349.0M | $337.5M | +230.6% | $2.31 | +192.4% | $68.3M | $67.4M | +115.9% |
| FY 2024 | $353.7M | -17.1% | $267.8M | $263.0M | -22.1% | $1.61 | -30.3% | $-118.1M | $-118.8M | -276.3% |
| FY 2025 | $438.5M | +24.0% | $335.3M | $339.7M | +29.2% | $1.85 | +14.9% | $-425.8M | $-425.9M | -258.5% |
Valuation
Market Price
$16.69
Market Cap
$3.17B
Enterprise Value
$5.41B
P/E Ratio
9.02
P/B Ratio
1.41
FCF Yield
-13.45%
Dividend Yield
N/A
Shares Outstanding
Profitability & Margins
Gross Margin
76.47%
Operating Margin
77.47%
Net Margin
77.47%
Return on Equity (ROE)
15.33%
Return on Assets (ROA)
7.41%
Asset Turnover
0.10x
Revenue 3-Yr CAGR
33.42%
Financial Health & Liquidity
Current Ratio
N/A
Cash Ratio
N/A
Debt / Equity
1.039
Debt / Assets
0.502
Cash & Equivalents
$56.87M
Total Debt
$2.30B
Book Value / Share
$11.84
Cash Flow Efficiency
Operating Cash Flow
-$425.80M
Capital Expenditures (CapEx)
$89.00K
Free Cash Flow
-$425.89M
OCF / Revenue
-97.10%
FCF / Revenue
-97.12%
FCF 3-Yr CAGR
N/A
Per Share Metrics
EPS (Diluted)
$1.85
EPS (Basic)
$1.90
Dividends / Share
N/A
Book Value / Share
$11.84
EPS YoY Growth
14.91%
Balance Sheet (FY 2025)
Total Assets
$4.58B
Total Liabilities
$2.37B
Stockholders' Equity
$2.22B
Current Assets
N/A
Current Liabilities
N/A