Hercules Capital (HTGC) Price to Sales (2009 - 2026)
Hercules Capital's (HTGC) Price to Sales came in at 5.62 for Q3 2026, down 15.6% from 6.65 a year earlier but up 7.7% from the prior quarter.
Powered by 
Analysis
Hercules Capital (HTGC) Price to Sales (2009 - 2026) Analysis & Trends
For FY2025, Hercules Capital's Price to Sales stood at 6.46, down 7.0% from FY2024.
- In prior years, Hercules Capital's Price to Sales was 6.94 in FY2024 (+21.6%), 5.71 in FY2023 (+4.4%), 5.47 in FY2022 (-20.6%) and 6.89 in FY2021 (+19.6%).
- Quarterly Price to Sales has run from a low of 4.94 in Q1 2023 to a high of 6.94 in Q4 2024 over five years.
- On a year-over-year basis, Price to Sales has declined in each of the last four quarters, with an average decline of 5.1% over the last eight quarters.
- The strongest year-over-year quarter for Price to Sales in the past five years was Q2 2024, with growth of 29.6%; the weakest was Q1 2026, with a decline of 26.4%.
- According to Business Quant data, Price to Sales for the three prior quarters was 5.21 (Q2 2026), 4.99 (Q1 2026) and 6.46 (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 | 5.62 |
| Jun 30, 2026 | 5.21 |
| Mar 31, 2026 | 4.99 |
| Dec 31, 2025 | 6.46 |
| Sep 30, 2025 | 6.65 |
| Jun 30, 2025 | 6.59 |
| Mar 31, 2025 | 6.77 |
| Dec 31, 2024 | 6.94 |
| Sep 30, 2024 | 6.46 |
| Jun 30, 2024 | 6.84 |
| Mar 31, 2024 | 6.27 |
| Dec 31, 2023 | 5.71 |
| Sep 30, 2023 | 5.66 |
| Jun 30, 2023 | 5.28 |
| Mar 31, 2023 | 4.94 |
| Dec 31, 2022 | 5.47 |
| Sep 30, 2022 | 5.13 |
| Jun 30, 2022 | 6.13 |
| Mar 31, 2022 | 8.03 |
| Dec 31, 2021 | 6.89 |
API Access
Hercules Capital Price to Sales 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=price-to-sales&ticker=HTGC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-sales", "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=price-to-sales&ticker=HTGC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();