Hercules Capital (HCXY) Asset Utilization Ratio (2022 - 2026)
Hercules Capital's (HCXY) quarterly Asset Utilization Ratio came in at 0.12 in Q2 2026, down 1.82% year-over-year from 0.12 in Q2 2025, and up 0.99% quarter-over-quarter from 0.12 in Q1 2026.
Analysis
Hercules Capital (HCXY) Asset Utilization Ratio (2022 - 2026) Analysis & Trends
Hercules Capital has disclosed Asset Utilization Ratio across 5 years of filings, most recently posting 0.12 for Q2 2026.
- In Q2 2026, Asset Utilization Ratio fell 1.82% year-over-year to 0.12; the TTM figure through Jun 2026 stood at 0.12 (down 1.82% YoY), while the FY2025 annual figure was 0.13, down 7.08% from the prior year.
- Asset Utilization Ratio came in at 0.12 for Q2 2026 at Hercules Capital, up from 0.12 in the prior quarter.
- In the past five years, Asset Utilization Ratio ranged from a high of 0.14 in Q4 2023 to a low of 0.11 in Q4 2022.
- Average Asset Utilization Ratio over 5 years is 0.12, with a median of 0.13 recorded in 2025.
- Year-over-year, Asset Utilization Ratio grew 26.24% in 2023 and decreased 11.89% in 2025.
- Over 5 years, Asset Utilization Ratio stood at 0.11 in 2022, then gained by 26.24% to 0.14 in 2023, then retreated by 3.37% to 0.13 in 2024, then dropped by 10.19% to 0.12 in 2025, then climbed by 0.51% to 0.12 in 2026.
- Per Business Quant data, the three most recent Asset Utilization Ratio figures were 0.12 in Q2 2026, 0.12 in Q1 2026, and 0.12 in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Ares Capital | 14.14 Bn | 13.76 Bn | - | 0.10 |
| 2 | Blackstone Secured Lending Fund | 5.70 Bn | 5.44 Bn | - | 0.10 |
| 3 | Blue Owl Capital | 5.54 Bn | 5.30 Bn | - | 0.11 |
| 4 | Main Street Capital | 5.29 Bn | 5.23 Bn | - | 0.10 |
| 5 | Blue Owl Technology Finance | 5.08 Bn | 4.87 Bn | - | 0.09 |
| 6 | Hercules Capital | 4.65 Bn | 4.60 Bn | - | 0.12 |
| 7 | FS KKR Capital | 3.42 Bn | 3.31 Bn | - | 0.11 |
| 8 | Golub Capital Bdc | 3.32 Bn | 3.27 Bn | - | 0.09 |
| 9 | PennantPark Floating Rate Capital | 2.48 Bn | -127.01 Mn | - | 0.10 |
| 10 | MidCap Financial Investment | 2.07 Bn | 2.03 Bn | - | 0.10 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.12 |
| Mar 31, 2026 | 0.12 |
| Dec 31, 2025 | 0.12 |
| Sep 30, 2025 | 0.12 |
| Jun 30, 2025 | 0.12 |
| Mar 31, 2025 | 0.13 |
| Dec 31, 2024 | 0.13 |
| Sep 30, 2024 | 0.13 |
| Jun 30, 2024 | 0.13 |
| Mar 31, 2024 | 0.13 |
| Dec 31, 2023 | 0.14 |
| Sep 30, 2023 | 0.13 |
| Jun 30, 2023 | 0.13 |
| Mar 31, 2023 | 0.12 |
| Dec 31, 2022 | 0.11 |