Hercules Capital (HTGC) Enterprise Value (2009 - 2026)
Hercules Capital (HTGC) posted Enterprise Value of $3.14 billion for Q3 2026, down 7.8% from $3.41 billion a year earlier but up 8.2% from the prior quarter.
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Analysis
Hercules Capital (HTGC) Enterprise Value (2009 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, Enterprise Value at Hercules Capital was $3 billion, down 8.2% year-over-year; for FY2025, it was $3.38 billion, down 0.1% from FY2024.
- Annual Enterprise Value shows a five-year compound annual growth rate of 18.4% (FY2020 to FY2025).
- In prior years, Hercules Capital's Enterprise Value was $3.38 billion in FY2024 (+33.7%), $2.53 billion in FY2023 (+45.1%), $1.74 billion in FY2022 (-3.2%) and $1.8 billion in FY2021 (+23.7%).
- Quarterly Enterprise Value has run from a low of $1.45 billion in Q3 2022 to a high of $3.41 billion in Q3 2025 over five years.
- On a year-over-year basis, Enterprise Value has declined in each of the last four quarters, with growth averaging 2.0% over the last eight quarters.
- The strongest year-over-year quarter for Enterprise Value in the past five years was Q1 2024, with growth of 71.6%; the weakest was Q1 2023, with a decline of 20.8%.
- According to Business Quant data, Enterprise Value for the three prior quarters was $2.9 billion (Q2 2026), $2.72 billion (Q1 2026) and $3.38 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Royalty Pharma | 39.80 Bn | 40.13 Bn | - |
| 2 | Rocket Companies | 38.90 Bn | 27.72 Bn | - |
| 3 | Orix | 38.66 Bn | 9.30 Bn | 13.83 Bn |
| 4 | Federal National Mortgage Association Fannie Mae | 26.46 Bn | -16,107.65 Bn | - |
| 5 | Synchrony Financial | 22.47 Bn | -45.15 Bn | - |
| 6 | Affirm Holdings | 22.07 Bn | 15.11 Bn | - |
| 7 | Royal Gold | 21.71 Bn | 20.92 Bn | 402.46 Mn |
| 8 | Ares Capital | 13.84 Bn | 11.59 Bn | - |
| 9 | Annaly Capital Management | 13.83 Bn | 4.86 Bn | - |
| 10 | Hercules Capital | 3.01 Bn | 2.66 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 3.10 Bn |
| Jun 30, 2026 | 2.86 Bn |
| Mar 31, 2026 | 2.68 Bn |
| Dec 31, 2025 | 3.35 Bn |
| Sep 30, 2025 | 3.38 Bn |
| Jun 30, 2025 | 3.24 Bn |
| Mar 31, 2025 | 3.25 Bn |
| Dec 31, 2024 | 3.35 Bn |
| Sep 30, 2024 | 3.12 Bn |
| Jun 30, 2024 | 3.30 Bn |
| Mar 31, 2024 | 2.94 Bn |
| Dec 31, 2023 | 2.53 Bn |
| Sep 30, 2023 | 2.45 Bn |
| Jun 30, 2023 | 2.08 Bn |
| Mar 31, 2023 | 1.72 Bn |
| Dec 31, 2022 | 1.71 Bn |
| Sep 30, 2022 | -926.91 Mn |
| Jun 30, 2022 | -717.45 Mn |
| Mar 31, 2022 | 2.17 Bn |
| Dec 31, 2021 | -515.37 Mn |
API Access
Hercules Capital Enterprise Value API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=enterprise-value&ticker=HTGC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "enterprise-value", "ticker": "HTGC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=enterprise-value&ticker=HTGC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();