Return on Retained Earnings (RORE) is an indicator of a company's growth potential, it shows how much a company earns by reinvesting its retained earnings, i.e. profits after dividend payments.
Hercules Capital's 3-Year RORE % for the quarter that ended in Mar. 2026 was 107.50%.
The industry rank for Hercules Capital's 3-Year RORE % or its related term are showing as below:
HTGC's 3-Year RORE % is ranked better than 85.3% of 1537
companies
in the Asset Management industry
Industry Median: 12
vs HTGC: 107.50
Hercules Capital (NYSE:HTGC) 3-Year RORE % Explanation
Return on Retained Earnings (RORE) is important to investors because it reveals a company's efficiency and growth potential. A higher RORE indicates a higher return. A high RORE indicates that the company should reinvest profits into the business. A lower RORE suggests that the company should distribute profits to shareholders by paying out dividends, since those dollars aren't generating much additional growth for the company.
There are a several different ways to arrive at the Return on Retained Earnings. The simplest way to calculate it is by using published information on Earnings per Share (EPS) and Dividend per Share (DPS) over a selected period. Here, 3-year period is chosen.
Be Aware
Please keep in mind that the RORE is relative to the nature of the business and its competitors. If another company in the same sector is producing a lower return on retained earnings, it doesn’t necessarily mean it’s a bad investment. It may just suggest the company is older and no longer in a high growth stage. At such a stage in the business cycle, it would be expected to see a lower RORE and higher dividend payout.
Hercules Capital 3-Year RORE % Related Terms
Hercules Capital 3-Year RORE % Historical Data
* Premium members only.
The historical data trend for Hercules Capital's 3-Year RORE % 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 3-Year RORE %, along with its competitors' market caps and 3-Year RORE % 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 3-Year RORE % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Hercules Capital's 3-Year RORE % distribution charts can be found below:
* The bar in red indicates where Hercules Capital's 3-Year RORE % falls into.
* 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.
In the calculation of 3-Year RORE %, the most recent and first period EPS (Diluted) is the trailing twelve months (TTM) data ended in Mar. 2026 and 3-year before.
Hercules Capital (HTGC) has a 3-Year RORE % of 107.50 as of Mar. 2026. 3-Year RORE % shows how much a company earns by reinvesting its retained earnings in 3-year. View historical data on Hercules Capital and its competitors. According to the industry distribution chart, Hercules Capital ranks #226 out of 1537 companies in the Asset Management industry, placing it in the top 14.7%.
Is Hercules Capital's 3-Year RORE % too high?
Hercules Capital's current 3-Year RORE % is 107.50. The Asset Management industry median 3-Year RORE % is 12.00. Hercules Capital's value of 107.50 is 795.8% above this industry median. Based on the distribution chart, Hercules Capital ranks #226 out of 1537 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 3-Year RORE % compare to WT and EXG?
According to the Asset Management industry distribution chart, Hercules Capital ranks #226 out of 1537 companies for 3-Year RORE %. This places Hercules Capital in the top 15% of its industry — outperforming the majority of peers. The industry median 3-Year RORE % is 12.00. Hercules Capital's value of 107.50 is 795.8% 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 3-Year RORE % for an Asset Management company?
The median 3-Year RORE % among Asset Management companies is 12.00, based on 1,537 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year RORE % significantly above this median, while those in the bottom quartile fall well below. However, 3-Year RORE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Hercules Capital's current 3-Year RORE % of 107.50 is 795.8% 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 3-Year RORE % mean?
A high 3-Year RORE % can signal that a stock is expensive relative to its fundamentals. 3-Year RORE % shows how much a company earns by reinvesting its retained earnings in 3-year. View historical data on Hercules Capital and its competitors. For the Asset Management industry, the median 3-Year RORE % is 12.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hercules Capital's current 3-Year RORE % is 107.50. 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 3-Year RORE % is 107.50 and 795.8% above the Asset Management industry median of 12.00. 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 3-Year RORE % calculated?
3-Year RORE % is calculated from a company's financial statements. For Hercules Capital (HTGC), the current 3-Year RORE % is 107.50 as of Mar. 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:
3-Year RORE %: 107.50
GF Value™: $18.43 vs. price of $15.15 (17.8% below fair value)
Industry Position: 795.8% above the Asset Management median (#226 of 1537)
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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