KPIs & Operating Metrics(New)
Balance Sheet
Cash Flow Statement
Growth Metrics
Income Statement
Others
Ratios
Asset Utilization RatioAssets AverageEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginFCF Payout RatioInterest Coverage RatioInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

Hercules Capital (HTGC) FCF Margin (2021 - 2026)

Hercules Capital's FCF Margin history spans 5 years, with the latest figure at 40.49% for Q4 2025.

  • On a quarterly basis, FCF Margin fell 1647.0% to 40.49% in Q4 2025 year-over-year; TTM through Dec 2025 was 79.98%, a 5591.0% decrease, with the full-year FY2025 number at 79.98%, down 5591.0% from a year prior.
  • FCF Margin hit 40.49% in Q4 2025 for Hercules Capital, down from 2.32% in the prior quarter.
  • Over the last five years, FCF Margin for HTGC hit a ceiling of 137.79% in Q4 2021 and a floor of 289.57% in Q1 2022.
  • Historically, FCF Margin has averaged 49.04% across 5 years, with a median of 63.14% in 2022.
  • Biggest five-year swings in FCF Margin: plummeted -20261bps in 2022 and later skyrocketed 27851bps in 2023.
  • Tracing HTGC's FCF Margin over 5 years: stood at 137.79% in 2021, then tumbled by -147bps to 64.82% in 2022, then skyrocketed by 264bps to 106.34% in 2023, then crashed by -123bps to 24.02% in 2024, then crashed by -69bps to 40.49% in 2025.
  • Business Quant data shows FCF Margin for HTGC at 40.49% in Q4 2025, 2.32% in Q3 2025, and 105.37% in Q2 2025.