stockrowHercules Capital, Inc.
HTGC Financial Asset Management
Hercules Capital, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $532.5 million, up 7.88% from fiscal 2024.
- Revenue
- +1.46%
- EPS
- −24.2%
- Free cash flow
- −5,073.1%
- Total debt
- +18.6%
Quarter to September 2026, against a year earlier
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Hercules Capital, Inc. (HTGC) Debt to equity
Hercules Capital, Inc.'s debt to equity at the end of the quarter to 30 September 2026 was 1.1×, up 0.1× from fiscal 2025 (1.0×). Over the past ten years it has ranged from 0.8× (fiscal 2015) to 1.1× (fiscal 2022); the current reading is higher than 82% of that period. That is above the Asset Management industry median of 0.4× and above the Financial sector median of 0.2×.
Debt to equity, annual
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Annual newest first
| Period | Debt to equity | Change |
|---|---|---|
| FY2025 | 1.0× | 16.05% |
| FY2024 | 0.9× | 3.08% |
| FY2023 | 0.9× | (23.22%) |
| FY2022 | 1.1× | 18.90% |
| FY2021 | 0.9× | (5.15%) |
| FY2020 | 1.0× | (4.61%) |
| FY2019 | 1.0× | 9.54% |
| FY2018 | 1.0× | 1.88% |
| FY2017 | 0.9× | 12.60% |
| FY2016 | 0.8× | 1.07% |
Quarterly newest first
| Period | Debt to equity | Change |
|---|---|---|
| Sep 2026 | 1.1× | 6.85% |
| Jun 2026 | 1.0× | (9.94%) |
| Mar 2026 | 1.1× | 10.50% |
| Dec 2025 | 1.0× | 5.04% |
| 43 more quarters | Free account |
Against its own ten years
Debt to equity against peers
| Company | Debt to equity |
|---|---|
| SII Sprott Inc. compare | 0.0× |
| ASST Strive, Inc. compare | 0.0× |
| AB AllianceBernstein Holding L.P. compare | 0.0× |
| APAM Artisan Partners Asset Management Inc. compare | 0.4× |
| AAMI Acadian Asset Management Inc. compare | 1.0× |
| HTGC Hercules Capital, Inc. | 1.1× |
| FSK FS KKR Capital Corp. compare | 1.2× |
| GBDC Golub Capital BDC, Inc. compare | 1.2× |
| WT WisdomTree, Inc. compare | 2.4× |
| Asset Management industry median | 0.4× |
| Financial sector median | 0.2× |
| Market median | 0.1× |
What Debt to equity is
Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.
(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)
More on HTGC
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- Return on equity
- Return on assets
- Return on invested capital
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- The full statement