Hercules CapitalHTGC -0.20%60 Market Cap is $2,834.8 Mil as of Jun. 25, 2026. GuruFocus rates HTGC with a GF Score™ of 60/100 and a GF Value™ of $18.43 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,666 Asset Management companies, Hercules Capital ranks better than 92.14% on this metric.
Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Hercules Capital's share price for the quarter that ended in Mar. 2026 was $14.77. Hercules Capital's Shares Outstanding (EOP) for the quarter that ended in Mar. 2026 was 187.2 Mil. Therefore, Hercules Capital's market cap for the quarter that ended in Mar. 2026 was $2,764.6 Mil.
Hercules Capital's quarterly market cap
increased
from Sep. 2025 ($3,437.4 Mil) to Dec. 2025 ($3,438.3 Mil) but then
declined
from Dec. 2025 ($3,438.3 Mil) to Mar. 2026 ($2,764.6 Mil).
Hercules Capital's annual market cap
increased
from Dec. 2023 ($2,629.8 Mil) to Dec. 2024 ($3,426.9 Mil) and
increased
from Dec. 2024 ($3,426.9 Mil) to Dec. 2025 ($3,438.3 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Hercules Capital's Enterprise Value for Today is $5,346.7 Mil.
Hercules Capital (NYSE:HTGC) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Hercules Capital Market Cap Related Terms
Hercules Capital Market Cap Historical Data
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The historical data trend for Hercules Capital's Market Cap can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Asset Management subindustry, Hercules Capital's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Hercules Capital Market Cap vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Hercules Capital's Market Cap distribution charts can be found below:
* The bar in red indicates where Hercules Capital's Market Cap falls into.
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Hercules Capital's Market Cap for the fiscal year that ended in Dec. 2025 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Hercules Capital (HTGC) has a Market Cap of $2,834.8 Mil as of Jun. 25, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Hercules Capital and its competitors. According to the industry distribution chart, Hercules Capital ranks #131 out of 1666 companies in the Asset Management industry, placing it in the top 7.9%.
Is Hercules Capital's Market Cap too high?
Hercules Capital's current Market Cap is $2,834.8 Mil. The Asset Management industry median Market Cap is 200.66. Hercules Capital's value of $2,834.8 Mil is 1312.7% above this industry median. Based on the distribution chart, Hercules Capital ranks #131 out of 1666 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Hercules Capital has a GF Score™ of 60/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hercules Capital's Market Cap compare to WT and EXG?
According to the Asset Management industry distribution chart, Hercules Capital ranks #131 out of 1666 companies for Market Cap. This places Hercules Capital in the top 8% of its industry — outperforming the majority of peers. The industry median Market Cap is 200.66. Hercules Capital's value of $2,834.8 Mil is 1312.7% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for an Asset Management company?
The median Market Cap among Asset Management companies is 200.66, based on 1,666 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Hercules Capital's current Market Cap of $2,834.8 Mil is 1312.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Hercules Capital and its competitors. For the Asset Management industry, the median Market Cap is 200.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hercules Capital's current Market Cap is $2,834.8 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hercules Capital stock overvalued right now?
Based on GuruFocus' analysis, Hercules Capital (HTGC) is currently considered Modestly Undervalued. The stock's GF Value™ is $18.43, compared to a current price of $15.15 — trading 17.8% below its estimated fair value. The current Market Cap is $2,834.8 Mil and 1312.7% above the Asset Management industry median of 200.66. Hercules Capital's overall GF Score™ is 60/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For Hercules Capital (HTGC), the current Market Cap is $2,834.8 Mil as of Jun. 25, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Hercules Capital (HTGC) Overvalued in 2026?
Based on GuruFocus' analysis, Hercules Capital stock appears to be undervalued.
The current stock price of $15.15 is trading 17.8% below its estimated GF Value™ of $18.43.
GuruFocus considers Hercules Capital to be Modestly Undervalued.
Key valuation signals for HTGC:
Market Cap: $2,834.8 Mil
GF Value™: $18.43 vs. price of $15.15 (17.8% below fair value)
Industry Position: 1312.7% above the Asset Management median (#131 of 1666)
No single metric tells the full story. See the HTGC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
60GF Score
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