Hercules Capital (HCXY) FCF Payout Ratio (2021 - 2026)
Hercules Capital's (HCXY) quarterly FCF Payout Ratio came in at 0.29 in Q2 2026, up 2090.23% year-over-year from 0.01 in Q2 2025, and up 178.84% quarter-over-quarter from 0.37 in Q1 2026.
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Hercules Capital (HCXY) FCF Payout Ratio (2021 - 2026) Analysis & Trends
Hercules Capital has disclosed FCF Payout Ratio across 6 years of filings, most recently posting 0.29 for Q2 2026.
- In Q2 2026, FCF Payout Ratio rose 2090.23% year-over-year to 0.29; the TTM figure through Jun 2026 stood at 30.32 (up 5832.27% YoY), while the FY2025 annual figure was 0.77, up 70.04% from the prior year.
- FCF Payout Ratio came in at 0.29 for Q2 2026 at Hercules Capital, up from 0.37 in the prior quarter.
- In the past five years, FCF Payout Ratio ranged from a high of 0.55 in Q4 2023 to a low of 2.66 in Q4 2024.
- Average FCF Payout Ratio over 5 years is 0.55, with a median of 0.36 recorded in 2025.
- Year-over-year, FCF Payout Ratio sank 3471.2% in 2025 and surged 2090.23% in 2026.
- Over 5 years, FCF Payout Ratio stood at 1.02 in 2022, then surged by 154.13% to 0.55 in 2023, then sank by 582.68% to 2.66 in 2024, then soared by 44.02% to 1.49 in 2025, then surged by 119.36% to 0.29 in 2026.
- Per Business Quant data, the three most recent FCF Payout Ratio figures were 0.29 in Q2 2026, 0.37 in Q1 2026, and 1.49 in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Ares Capital | 14.14 Bn | 13.76 Bn | - | 1.03 |
| 2 | Blackstone Secured Lending Fund | 5.70 Bn | 5.44 Bn | - | 0.30 |
| 3 | Blue Owl Capital | 5.54 Bn | 5.30 Bn | - | 0.34 |
| 4 | Main Street Capital | 5.29 Bn | 5.23 Bn | - | 0.77 |
| 5 | Blue Owl Technology Finance | 5.08 Bn | 4.87 Bn | - | - |
| 6 | Hercules Capital | 4.65 Bn | 4.60 Bn | - | 0.29 |
| 7 | FS KKR Capital | 3.42 Bn | 3.31 Bn | - | 0.17 |
| 8 | Golub Capital Bdc | 3.32 Bn | 3.27 Bn | - | 0.37 |
| 9 | PennantPark Floating Rate Capital | 2.48 Bn | -127.01 Mn | - | 0.30 |
| 10 | MidCap Financial Investment | 2.07 Bn | 2.03 Bn | - | 0.13 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.29 |
| Mar 31, 2026 | -0.37 |
| Dec 31, 2025 | -1.49 |
| Sep 30, 2025 | -0.66 |
| Jun 30, 2025 | -0.01 |
| Mar 31, 2025 | -0.35 |
| Dec 31, 2024 | -2.66 |
| Sep 30, 2024 | 0.02 |
| Jun 30, 2024 | 0.03 |
| Mar 31, 2024 | -0.31 |
| Dec 31, 2023 | 0.55 |
| Mar 31, 2023 | -0.79 |
| Dec 31, 2022 | -1.02 |
| Sep 30, 2022 | -1.18 |
| Jun 30, 2022 | -0.50 |
| Mar 31, 2022 | -0.30 |
| Dec 31, 2021 | 0.45 |