Hercules Capital (HTGC) Net Asset Value per Share (2009 - 2026)
Hercules Capital (HTGC) reported Net Asset Value per Share of $12.26 for Q3 2026, up 1.7% from $12.05 a year earlier and up 0.9% from the prior quarter.
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Analysis
Hercules Capital (HTGC) Net Asset Value per Share (2009 - 2026) Analysis & Trends
At the end of FY2025, Hercules Capital posted Net Asset Value per Share of $12.13, up 4.0% from FY2024.
- Net Asset Value per Share has increased for three consecutive years, with a five-year compound annual growth rate of 1.5% (FY2020 to FY2025).
- By year, Net Asset Value per Share came in at $11.66 in FY2024 (+2.0%), $11.43 in FY2023 (+8.5%), $10.53 in FY2022 (-6.1%) and $11.22 in FY2021 (-0.4%).
- The Q3 2026 figure ranks as the highest quarterly Net Asset Value per Share in data going back to Q4 2020.
- Year over year, Net Asset Value per Share has now increased in each of the last six quarters, with growth averaging 2.8% over the last eight quarters.
- The high point for year-over-year Net Asset Value per Share in five years was Q4 2023 (growth of 8.5%); the low point was Q3 2022 (a decline of 9.3%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $12.15 (Q2 2026), $11.90 (Q1 2026) and $12.13 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | NAV per Share (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 | - | 19.31 |
| 9 | Annaly Capital Management | 13.83 Bn | 4.86 Bn | - | - |
| 10 | Hercules Capital | 3.01 Bn | 2.66 Bn | - | 12.26 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 12.26 |
| Jun 30, 2026 | 12.15 |
| Mar 31, 2026 | 11.90 |
| Dec 31, 2025 | 12.13 |
| Sep 30, 2025 | 12.05 |
| Jun 30, 2025 | 11.84 |
| Mar 31, 2025 | 11.55 |
| Dec 31, 2024 | 11.66 |
| Sep 30, 2024 | 11.40 |
| Jun 30, 2024 | 11.43 |
| Mar 31, 2024 | 11.63 |
| Dec 31, 2023 | 11.43 |
| Sep 30, 2023 | 10.93 |
| Jun 30, 2023 | 10.96 |
| Mar 31, 2023 | 10.82 |
| Dec 31, 2022 | 10.53 |
| Sep 30, 2022 | 10.47 |
| Jun 30, 2022 | 10.43 |
| Mar 31, 2022 | 10.82 |
| Dec 31, 2021 | 11.22 |
API Access
Hercules Capital Net Asset Value per Share 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=net-asset-value-per-share&ticker=HTGC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-asset-value-per-share", "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=net-asset-value-per-share&ticker=HTGC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();