Hercules Capital (HCXY) Payout Ratio (2021 - 2026)
Hercules Capital's (HCXY) quarterly Payout Ratio came in at 1.46 in Q2 2026, up 4201.81% year-over-year from 0.03 in Q2 2025, and down 2.81% quarter-over-quarter from 1.5 in Q1 2026.
Analysis
Hercules Capital (HCXY) Payout Ratio (2021 - 2026) Analysis & Trends
Hercules Capital has disclosed Payout Ratio across 6 years of filings, most recently posting 1.46 for Q2 2026.
- In Q2 2026, Payout Ratio rose 4201.81% year-over-year to 1.46; the TTM figure through Jun 2026 stood at 1.1 (up 59.93% YoY), while the FY2025 annual figure was 1.4, up 8.02% from the prior year.
- Payout Ratio came in at 1.46 for Q2 2026 at Hercules Capital, down from 1.5 in the prior quarter.
- In the past five years, Payout Ratio ranged from a high of 2.63 in Q1 2022 to a low of 0.03 in Q2 2024.
- Average Payout Ratio over 5 years is 1.15, with a median of 1.31 recorded in 2024.
- Year-over-year, Payout Ratio slumped 91.35% in 2022 and jumped 4201.81% in 2026.
- Over 5 years, Payout Ratio stood at 1.06 in 2022, then advanced by 4.04% to 1.1 in 2023, then grew by 22.57% to 1.35 in 2024, then grew by 8.49% to 1.46 in 2025, then declined by 0.48% to 1.46 in 2026.
- Per Business Quant data, the three most recent Payout Ratio figures were 1.46 in Q2 2026, 1.5 in Q1 2026, and 1.46 in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Ares Capital | 14.14 Bn | 13.76 Bn | - |
| 2 | Blackstone Secured Lending Fund | 5.70 Bn | 5.44 Bn | - |
| 3 | Blue Owl Capital | 5.54 Bn | 5.30 Bn | - |
| 4 | Main Street Capital | 5.29 Bn | 5.23 Bn | - |
| 5 | Blue Owl Technology Finance | 5.08 Bn | 4.87 Bn | - |
| 6 | Hercules Capital | 4.65 Bn | 4.60 Bn | - |
| 7 | FS KKR Capital | 3.42 Bn | 3.31 Bn | - |
| 8 | Golub Capital Bdc | 3.32 Bn | 3.27 Bn | - |
| 9 | PennantPark Floating Rate Capital | 2.48 Bn | -127.01 Mn | - |
| 10 | MidCap Financial Investment | 2.07 Bn | 2.03 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.46 |
| Mar 31, 2026 | 1.50 |
| Dec 31, 2025 | 1.46 |
| Sep 30, 2025 | 0.04 |
| Jun 30, 2025 | 0.03 |
| Mar 31, 2025 | 1.45 |
| Dec 31, 2024 | 1.35 |
| Sep 30, 2024 | 0.03 |
| Jun 30, 2024 | 0.03 |
| Mar 31, 2024 | 1.27 |
| Dec 31, 2023 | 1.10 |
| Mar 31, 2023 | 1.41 |
| Dec 31, 2022 | 1.06 |
| Sep 30, 2022 | 1.18 |
| Jun 30, 2022 | 2.45 |
| Mar 31, 2022 | 2.63 |
| Dec 31, 2021 | 12.23 |