Hercules Capital Inc (HTGC) — Free Cash Flow Generation Index

Latest as of September 2025: 1.00x

Hercules Capital Inc (HTGC) has a Free Cash Flow Generation Index of 1.00x as of September 2025. Free cash flow of $79.38 Million represents 1% of operating cash flow ($79.41 Million). Explore Hercules Capital Inc capex to cash flow ratio to see what proportion of operating cash flow is directed to capital expenditures.

FCF Generation Index

1.00x
Free Cash Flow / Operating CF

Free Cash Flow

$79.38 Million
USD

Operating Cash Flow

$79.41 Million
USD

Capital Expenditures

$29.00K
USD

Hercules Capital Inc Free Cash Flow Generation Index (2009–2023)

Historical FCF Generation Index trend for Hercules Capital Inc across 5 annual periods. For the full cash flow conversion analysis, see HTGC operating cash flow.

Annual Free Cash Flow Generation for Hercules Capital Inc (2009–2023)

Year-by-year Free Cash Flow Generation Index for Hercules Capital Inc. Check Hercules Capital Inc total reinvestment intensity to assess the company's total reinvestment commitment from operating cash flow.

Year FCG Index Free Cash Flow (USD) Operating CF Capital Expenditures YoY Change
2023 0.99x $67.39 Million $68.28 Million $887.00K ▼ -1.2%
2021 1.00x $128.51 Million $128.62 Million $106.00K ▼ 0.0%
2020 1.00x $207.66 Million $207.80 Million $137.00K ▲ +0.2%
2013 1.00x $103.28 Million $103.59 Million $311.00K ▼ -0.2%
2009 1.00x $225.79 Million $225.93 Million $134.00K
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).