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Hercules Capital Valuation Multiples
Discover revenue and EBITDA valuation multiples for Hercules Capital and similar public comparables like OSB Group, Kruk S.A., Lufax Holding, Paragon Banking Group and more.
Hercules Capital Overview
About Hercules Capital
Hercules Capital Inc is a specialty finance company focused on providing senior secured loans to high-growth, venture capital-backed, and institutional-backed companies in a variety of technology and life sciences industries. The company's primary business objectives are to increase its net income, net investment income, and net asset value (NAV) through its investments mainly in structured debt or senior secured debt instruments of venture capital-backed and institutional-backed companies across a variety of technology-related industries at attractive yields. It finances companies belonging to computer software and hardware, networking systems, semiconductors, medical devices, bio-pharmaceutical, and other related sectors.
Founded
2003
HQ
Employees
100
Website
Sectors
Financials (LTM)
EV
$5B
Hercules Capital Financials
Hercules Capital reported last 12-month revenue of $546M.
In the same LTM period, Hercules Capital generated $347M in net income.
Revenue (LTM)
Hercules Capital P&L
In the most recent fiscal year, Hercules Capital reported revenue of $533M and net income of $342M.
Hercules Capital expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $546M | XXX | $533M | XXX | XXX | XXX |
| EBIT Margin | 63% | XXX | 64% | XXX | XXX | XXX |
| Net Profit | $347M | XXX | $342M | XXX | XXX | XXX |
| Net Margin | 64% | XXX | 64% | XXX | XXX | XXX |
| Net Debt | — | — | $2B | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Hercules Capital Stock Performance
Hercules Capital has current market cap of $3B, and enterprise value of $5B.
Market Cap Evolution
Hercules Capital's stock price is $14.60.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $5B | $3B | 0.0% | XXX | XXX | XXX | $1.86 |
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Start Free TrialHercules Capital Valuation Multiples
Hercules Capital trades at 9.1x EV/Revenue multiple.
EV / Revenue (LTM)
Hercules Capital Financial Valuation Multiples
As of April 8, 2026, Hercules Capital has market cap of $3B and EV of $5B.
Equity research analysts estimate Hercules Capital's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Hercules Capital has a P/E ratio of 7.7x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $3B | XXX | $3B | XXX | XXX | XXX |
| EV (current) | $5B | XXX | $5B | XXX | XXX | XXX |
| EV/Revenue | 9.1x | XXX | 9.4x | XXX | XXX | XXX |
| EV/EBIT | 14.4x | XXX | 14.6x | XXX | XXX | XXX |
| P/E | 7.7x | XXX | 7.9x | XXX | XXX | XXX |
| EV/FCF | — | XXX | (11.7x) | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Hercules Capital Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.
Hercules Capital Margins & Growth Rates
Hercules Capital's revenue in the last 12 month grew by 8%.
Hercules Capital's revenue per employee in the last FY averaged $5.3M, while opex per employee averaged $1.8M for the same period.
Hercules Capital Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 8% | XXX | 9% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $5.3M | XXX | XXX | XXX |
| Opex per Employee | — | XXX | $1.8M | XXX | XXX | XXX |
| G&A Expenses to Revenue | 4% | XXX | 4% | XXX | XXX | XXX |
| Opex to Revenue | 35% | XXX | 34% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Hercules Capital Public Comps
See public comps and valuation multiples for other Specialty Finance comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| OSB Group | XXX | XXX | XXX | XXX | XXX | XXX |
| Kruk S.A. | XXX | XXX | XXX | XXX | XXX | XXX |
| Lufax Holding | XXX | XXX | XXX | XXX | XXX | XXX |
| Paragon Banking Group | XXX | XXX | XXX | XXX | XXX | XXX |
| Banca Ifis | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
Hercules Capital M&A Activity
Hercules Capital acquired XXX companies to date.
Last acquisition by Hercules Capital was on XXXXXXXX, XXXXX. Hercules Capital acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Hercules Capital
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialHercules Capital Investment Activity
Hercules Capital invested in XXX companies to date.
Hercules Capital made its latest investment on XXXXXXXX, XXXXX. Hercules Capital invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Hercules Capital
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialAbout Hercules Capital
| When was Hercules Capital founded? | Hercules Capital was founded in 2003. |
| Where is Hercules Capital headquartered? | Hercules Capital is headquartered in United States. |
| How many employees does Hercules Capital have? | As of today, Hercules Capital has over 100 employees. |
| Who is the CEO of Hercules Capital? | Hercules Capital's CEO is Scott Bluestein. |
| Is Hercules Capital publicly listed? | Yes, Hercules Capital is a public company listed on NYSE. |
| What is the stock symbol of Hercules Capital? | Hercules Capital trades under HTGC ticker. |
| When did Hercules Capital go public? | Hercules Capital went public in 2005. |
| Who are competitors of Hercules Capital? | Hercules Capital main competitors are OSB Group, Kruk S.A., Lufax Holding, Paragon Banking Group. |
| What is the current market cap of Hercules Capital? | Hercules Capital's current market cap is $3B. |
| What is the current revenue of Hercules Capital? | Hercules Capital's last 12 months revenue is $546M. |
| What is the current revenue growth of Hercules Capital? | Hercules Capital revenue growth (NTM/LTM) is 8%. |
| What is the current EV/Revenue multiple of Hercules Capital? | Current revenue multiple of Hercules Capital is 9.1x. |
| Is Hercules Capital profitable? | Yes, Hercules Capital is net-income-positive (as of the last 12 months). |
| What is the current net income of Hercules Capital? | Hercules Capital's last 12 months net income is $347M. |
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