Hercules Capital (HTGC) Equity Ratio (2021 - 2026)

Hercules Capital's (HTGC) quarterly Equity Ratio came in at 0.46 in Q1 2026, down 7.03% year-on-year from 0.5 in Q1 2025, and down 4.55% quarter-over-quarter from 0.48 in Q4 2025.

Hercules Capital (HTGC) Equity Ratio (2021 - 2026) Analysis & Trends

Hercules Capital has disclosed Equity Ratio across 6 years of filings, most recently posting 0.46 for Q1 2026.

  • Equity Ratio for Q1 2026 came in at 0.46, down 7.03% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.46 (down 7.03% YoY), and the FY2025 annual result was 0.48, down 6.9% from the prior year.
  • Equity Ratio came in at 0.46 for Q1 2026 at Hercules Capital, down from 0.48 in the prior quarter.
  • In the past five years, Equity Ratio ranged from a high of 0.53 in Q4 2023 to a low of 0.46 in Q1 2023.
  • The 5-year median for Equity Ratio is 0.5 (2025), against an average of 0.49.
  • Across the five-year window, Equity Ratio declined 8.06% in 2022 and gained 14.02% in 2023, its largest moves.
  • Hercules Capital's Equity Ratio stood at 0.46 in 2022, then grew by 14.02% to 0.53 in 2023, then slipped by 1.58% to 0.52 in 2024, then retreated by 6.9% to 0.48 in 2025, then fell by 4.55% to 0.46 in 2026.
  • The last three Equity Ratio figures came in at 0.46 (Q1 2026), 0.48 (Q4 2025), and 0.5 (Q3 2025), per Business Quant data.

Peer Comparison

Historic Data

Download Data
DateValue
Mar 31, 2026 0.46
Dec 31, 2025 0.48
Sep 30, 2025 0.50
Jun 30, 2025 0.50
Mar 31, 2025 0.50
Dec 31, 2024 0.52
Sep 30, 2024 0.51
Jun 30, 2024 0.51
Mar 31, 2024 0.51
Dec 31, 2023 0.53
Sep 30, 2023 0.50
Jun 30, 2023 0.49
Mar 31, 2023 0.46
Dec 31, 2022 0.46
Sep 30, 2022 0.47
Dec 31, 2021 0.50