Hercules Capital, Inc. (HTGC) Stock

About Hercules Capital, Inc.

Hercules Capital, Inc. (HTGC) stock trades at $16.41 with a market capitalization of $3.07B. The stock is valued at a price-to-earnings (P/E) ratio of 8.01, price-to-book of 1.37, price-to-sales of 5.40. Over the past 52 weeks the stock has ranged between $13.70 and $19.13, and currently trades 14.2% below its 52-week high. It pays a dividend yielding 11.23%.

On profitability, Hercules Capital, Inc. generates a return on equity (ROE) of 17.21%, above the typical market range of roughly 12-15%, return on capital employed of 10.89%, an operating margin of 66.73%, a net profit margin of 66.09%.

Hercules Capital, Inc. by the numbers, 2016–2025

Between 2016 and 2025 Hercules Capital, Inc. reported revenue of $143.0M rising to $547.0M, a change of +282.5% across 10 years. Compounded, revenue has grown 8.9% a year over five years, 31.8% over three, 26.9% over the last twelve months. Net profit rose to $340.0M.

Operating margin went from 47.9% in 2016 to 66.8% in 2025, a gain of 18.8 percentage points. The most recent net margin is 66.09%. On a trailing twelve-month basis to Jun '26, revenue is $580.0M and net profit $384.0M.

Borrowings rose from $655.0M to $2.3B, cash from operations was $-426.0M in the latest year, positive in 3 of the last 10.

Return on equity has averaged 13.6% over five years, and was 15.3% in the most recent year.

The share price itself has compounded at —% a year over five years, —% over three, —% over the last year. Past price movement is history, not a forecast.

Figures are as reported and in the company's own reporting currency. They describe what has already happened and carry no implication about what follows.

Hercules Capital, Inc. (HTGC) — frequently asked questions