Horizon Technology Finance (HRZN) FCF Payout Ratio (2021 - 2026)

Horizon Technology Finance's (HRZN) quarterly FCF Payout Ratio came in at 0.35 in Q1 2026, up 63.91% year-on-year from 0.21 in Q1 2025, and up 55.82% on a QoQ basis from 0.79 in Q4 2025.

Horizon Technology Finance (HRZN) FCF Payout Ratio (2021 - 2026) Analysis & Trends

Horizon Technology Finance (HRZN) has 6 years of FCF Payout Ratio data on file, last reported at 0.35 in Q1 2026.

  • On a quarterly basis, FCF Payout Ratio rose 63.91% year-over-year to 0.35 in Q1 2026; TTM through Mar 2026 was 2.06, a 156.15% increase from a year earlier, with the FY2025 full-year figure at 0.97, down 91.75% from the prior year.
  • FCF Payout Ratio for Q1 2026 stood at 0.35, up from 0.79 in the prior quarter.
  • Over the last five years, FCF Payout Ratio for HRZN reached as high as 2.57 in Q1 2024 and fell as low as 0.97 in Q1 2025.
  • Historically, FCF Payout Ratio has averaged 0.08 across 5 years, with a median of 0.11 in 2022.
  • On a YoY basis, FCF Payout Ratio climbed as much as 1102.06% in 2023 and fell as far as 192.74% in 2023.
  • Year by year, FCF Payout Ratio stood at 0.11 in 2022, then jumped by 1102.06% to 1.07 in 2023, then plunged by 143.25% to 0.46 in 2024, then tumbled by 71.06% to 0.79 in 2025, then jumped by 55.82% to 0.35 in 2026.
  • Per Business Quant data, the three most recent FCF Payout Ratio figures were 0.35 in Q1 2026, 0.79 in Q4 2025, and 0.11 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Cover (Qtr)
1 Brookfield 1,236.60 Bn 1,311.20 Bn 18.56 Bn -
2 BlackRock 161.01 Bn 148.08 Bn - -0.90
3 Blackstone 97.77 Bn 96.72 Bn - 2.00
4 Apollo Global Management 70.80 Bn 90.38 Bn -409.00 Mn 0.19
5 State Street 51.30 Bn 51.30 Bn - -0.02
6 Ameriprise Financial 48.54 Bn 39.27 Bn 4.57 Bn 0.34
7 Northern Trust 32.93 Bn 32.93 Bn - -0.45
8 Raymond James Financial 32.59 Bn 17.67 Bn - 0.10
9 Price T Rowe 24.70 Bn 21.13 Bn - 0.38
10 Horizon Technology Finance 208.67 Mn 135.40 Mn - -0.35

Historic Data

Download Data
DateValue
Mar 31, 2026 -0.35
Dec 31, 2025 -0.79
Sep 30, 2025 0.11
Jun 30, 2025 0.26
Mar 31, 2025 -0.97
Dec 31, 2024 -0.46
Sep 30, 2024 -0.40
Jun 30, 2024 0.23
Mar 31, 2024 2.57
Dec 31, 2023 1.07
Sep 30, 2023 -0.43
Mar 31, 2023 0.71
Dec 31, 2022 -0.11
Sep 30, 2022 -0.15
Mar 31, 2022 -0.11
Dec 31, 2021 -3.05