Hercules Capital (HTGC) FCF Payout Ratio (2021 - 2026)

Hercules Capital has disclosed FCF Payout Ratio across 6 years of filings, most recently posting 0.37 for Q1 2026.

• FCF Payout Ratio for Q1 2026 came in at 0.37, down 3.11% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.39 (up 75.38% YoY), and the FY2025 annual result was 0.77, up 70.04% from the prior year.
• FCF Payout Ratio came in at 0.37 for Q1 2026 at Hercules Capital, up from 1.49 in the prior quarter.
• In the past five years, FCF Payout Ratio ranged from a high of 0.55 in Q4 2023 to a low of 2.66 in Q4 2024.
• The 5-year median for FCF Payout Ratio is 0.37 (2026), against an average of 0.6.
• Across the five-year window, FCF Payout Ratio jumped 154.13% in 2023 and slumped 3471.2% in 2025, its largest moves.
• Hercules Capital's FCF Payout Ratio stood at 1.02 in 2022, then surged by 154.13% to 0.55 in 2023, then tumbled by 582.68% to 2.66 in 2024, then soared by 44.02% to 1.49 in 2025, then soared by 75.45% to 0.37 in 2026.
• The last three FCF Payout Ratio figures came in at 0.37 (Q1 2026), 1.49 (Q4 2025), and 0.66 (Q3 2025), per Business Quant data.