FS KKR Capital Corp. (FSK) vs Hercules Capital, Inc. (HTGC)
FS KKR Capital Corp. and Hercules Capital, Inc. are both Asset Management companies. FS KKR Capital Corp. and Hercules Capital, Inc. are of similar size ($3.1B and $3.1B). FS KKR Capital Corp. has negative trailing earnings, so its P/E is not meaningful; Hercules Capital, Inc. trades at 8.1×. Hercules Capital, Inc. grew revenue faster over the last twelve months: 12.3% against −20.1%. Hercules Capital, Inc. has the higher net margin (67.7% vs −28.5%) and the higher return on invested capital (4.64% vs 2.98%). Both pay a dividend; FS KKR Capital Corp. yields more (12.7% vs 9.25%). Across the 21 metrics below, Hercules Capital, Inc. leads on 11 and FS KKR Capital Corp. on 10.
Valuation
Profitability
| Metric | FSK | HTGC | Asset Management median |
|---|---|---|---|
| Gross margin | 100.00% | 100.00% | 100.00% |
| Operating margin | 75.06% | 78.48% | 33.03% |
| Net margin | (28.52%) | 67.68% | 13.53% |
| Free cash flow margin | 146.24% | 1.49% | 12.44% |
| Return on equity | (6.66%) | 17.32% | 4.83% |
| Return on assets | (2.82%) | 8.54% | 1.57% |
| Return on invested capital | 2.98% | 4.64% | 3.04% |
Growth
Health
Dividend
Size
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