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Hercules Capital HTGC Ratios & Valuation

TTM Q1 '26TTM Q4 '25TTM Q3 '25TTM Q2 '25TTM Q1 '25
Returns
Return on equity15.7%+4.3pp16.2%+2.3pp15.4%-3.0pp12.9%-3.4pp11.4%-8.3pp
Leverage
Debt-to-equity1.1×+0.2×+0.1×0.0×0.0×+0.1×
Per Share
Book value per share$11.31-0.8%$11.73-4.7%$11.27-1.7%$11.28-2.0%$11.41-4.5%
Valuation
Market capitalization$2.71B-18.4%$3.42B+1.6%$3.44B+8.8%$3.17B-1.5%$3.33B+14.3%
Price / earnings8.2×-6.8×10.1×-2.7×11.1×+1.3×12.2×+0.8×15×+6.2×
Price / book1.2×-0.4×1.5×-0.1×1.6×-0.1×1.5×-0.3×1.7×+0.1×
Dividend yield12.2%+3.0pp9.5%+0.5pp9.3%-0.1pp9.9%+0.7pp9.3%-0.5pp

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Questions, answered.

Where do Hercules Capital's ratios come from?
Every ratio is computed from Hercules Capital's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.