Hercules Capital (HCXY) FCF Margin (2021 - 2026)
Hercules Capital's (HCXY) quarterly FCF Margin came in at 199.79% in Q2 2026, up 30516.0% year-over-year from N/an in Q2 2025, and up 222.6% quarter-over-quarter from 162.96% in Q1 2026.
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Hercules Capital (HCXY) FCF Margin (2021 - 2026) Analysis & Trends
Hercules Capital has disclosed FCF Margin across 6 years of filings, most recently posting 199.79% for Q2 2026.
- In Q2 2026, FCF Margin rose 30516.0% year-over-year to 199.79%; the TTM figure through Jun 2026 stood at 1.49% (up 6176.0% YoY), while the FY2025 annual figure was 79.98%, down 5591.0% from the prior year.
- FCF Margin came in at 199.79% for Q2 2026 at Hercules Capital, up from 162.96% in the prior quarter.
- In the past five years, FCF Margin ranged from a high of 199.79% in Q2 2026 to a low of 289.57% in Q1 2022.
- Average FCF Margin over 5 years is 51.93%, with a median of 63.98% recorded in 2022.
- Year-over-year, FCF Margin plunged 20261 bps in 2022 and jumped 30516 bps in 2026.
- Over 5 years, FCF Margin stood at 64.82% in 2022, then soared by 264 bps to 106.34% in 2023, then slumped by 123 bps to 24.02% in 2024, then plunged by 69 bps to 40.49% in 2025, then jumped by 593 bps to 199.79% in 2026.
- Per Business Quant data, the three most recent FCF Margin figures were 199.79% in Q2 2026, 162.96% in Q1 2026, and 40.49% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Ares Capital | 14.14 Bn | 13.76 Bn | - | 43.75% |
| 2 | Blackstone Secured Lending Fund | 5.70 Bn | 5.44 Bn | - | 175.04% |
| 3 | Blue Owl Capital | 5.54 Bn | 5.30 Bn | - | 136.37% |
| 4 | Main Street Capital | 5.29 Bn | 5.23 Bn | - | 77.93% |
| 5 | Blue Owl Technology Finance | 5.08 Bn | 4.87 Bn | - | -93.69% |
| 6 | Hercules Capital | 4.65 Bn | 4.60 Bn | - | 199.79% |
| 7 | FS KKR Capital | 3.42 Bn | 3.31 Bn | - | 267.59% |
| 8 | Golub Capital Bdc | 3.32 Bn | 3.27 Bn | - | 102.67% |
| 9 | PennantPark Floating Rate Capital | 2.48 Bn | -127.01 Mn | - | 156.24% |
| 10 | MidCap Financial Investment | 2.07 Bn | 2.03 Bn | - | 277.53% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 199.79% |
| Mar 31, 2026 | -162.96% |
| Dec 31, 2025 | -40.49% |
| Sep 30, 2025 | -2.32% |
| Jun 30, 2025 | -105.37% |
| Mar 31, 2025 | -185.93% |
| Dec 31, 2024 | -24.02% |
| Sep 30, 2024 | 73.87% |
| Jun 30, 2024 | 47.29% |
| Mar 31, 2024 | -198.42% |
| Dec 31, 2023 | 106.34% |
| Sep 30, 2023 | -98.83% |
| Jun 30, 2023 | 114.73% |
| Mar 31, 2023 | -77.05% |
| Dec 31, 2022 | -64.82% |
| Sep 30, 2022 | -63.14% |
| Jun 30, 2022 | -163.78% |
| Mar 31, 2022 | -289.57% |
| Dec 31, 2021 | 137.79% |