Data as of:
brimindinvest.com / compare / arcc-vs-htgcLIVE
ARCC
ARCC ·
$19.80
-0.35% this month
VERSUS
COMPARE
HTGC
HTGC ·
$17.58
+5.27% this month
Comparison scoreboard
HTGC LEADS 4/5
AI Scorei
ARCC N/A
HTGC 33.1
1Y Returni
ARCC -2.15%
HTGC +1.55%
Fwd P/Ei
ARCC 10.21
HTGC 9.03
Target Up.i
ARCC +5.21%
HTGC +9.83%
Op. Margini
ARCC 75.65%
HTGC 83.19%
Metrics last refreshed: 9/15/2026
Quick take

ARCC vs HTGC Comparison: AI Score, Valuation, Performance and Upside

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Compare Ares Capital's diversified private-credit book against Hercules Capital's venture-lending focus on yield and risk.

Use this Ares Capital vs Hercules Capital comparison to evaluate the key differences across valuation, growth, profitability, and risk before making an investment decision.

Live analysis · updated 9/15/2026

HTGC holds the edge across 4 of 5 key metrics in this comparison. HTGC leads on both 1-year return (+1.55%) and forward P/E quality (9.03x vs 10.21x for ARCC), a relatively favorable combination of momentum and valuation. HTGC leads on both revenue growth (8.50%) and operating margin (83.19%), suggesting a stronger fundamental setup on both dimensions. Analyst consensus implies meaningfully more upside for HTGC (+9.83%) than for ARCC (+5.21%).

Want a full valuation workup? 46-section report — AI Score, Monte Carlo forecast, bull/bear case, DCF, and more.
Normalized 1Y performance
ARCC
HTGC
Recent returns
ARCC
HTGC
Analyst price targets & sentiment

Human Wall Street analysts' price targets, typically implying a ~12-month view — a separate signal from this site's own AI Prediction Signal further down the page, which is a 5-/30-day machine-learning forecast based on price history alone.

ARCC
Price target range
analyst mean$20.77
current price$19.80
+5.2% upside to analyst mean
HTGC
Price target range
analyst mean$19.50
current price$17.58
+9.8% upside to analyst mean
Performance & AI score
Performance & AI score
MetricARCCHTGC
AI scoreiN/A33.1
AI rankiN/A#2063
Latest closei$19.80$17.58
1M returni-0.35%+5.27%
6M returni+13.19%+32.48%
1Y returni-2.15%+1.55%
$10,000 invested — hypothetical growth (dividends reinvested)

How much would $10,000 be worth today if invested at the start of each period, with all dividends reinvested?

$10,000 invested — hypothetical growth (dividends reinvested)
PeriodARCCHTGC
1Y ago$11.09K (+10.9%)
started 2025-09-15
$11.63K (+16.3%)
started 2025-09-15
5Y ago$28.2K (+182.0%)
started 2021-09-14
$38.84K (+288.4%)
started 2021-09-14
10Y ago$143.61K (+1336.1%)
started 2016-09-14
$237.16K (+2271.6%)
started 2016-09-14

Hypothetical — past performance does not guarantee future results.

Valuation & upside potential
Valuation & upside potential
MetricARCCHTGC
Market capi$14.17B$3.32B
Trailing P/Ei14.738.79
Forward P/Ei10.219.03
Price/SalesiN/AN/A
EV/Revenuei9.549.83
Analyst targeti$20.77$19.50
Target upsidei+5.21%+9.83%
Growth, profitability & risk
Growth, profitability & risk
MetricARCCHTGC
Revenue growthi3.10%8.50%
Earnings growthi-54.10%54.70%
EPS growthi-54.10%+54.70%
FCF margini+24.45%+45.55%
Operating margini75.65%83.19%
Profit margini30.91%67.68%
ROIC proxyi6.88%17.32%
Return on equityi6.88%17.32%
Dividend yieldi9.73%10.64%
Payout ratioi143.28%93.07%
Dividend growth streakiNo increase yet1 yr
Betai0.630.74
Debt/equityi114.12103.33
Current ratioi0.610.12
Quick ratioi0.460.12
Correlation

Over the past year, ARCC and HTGC have moved strongly in the same direction (correlation of 0.71), based on daily returns.

1Y
0.71
-1.0+1.0
5Y
0.68
-1.0+1.0
10Y
0.70
-1.0+1.0
Drawdown & downside risk

Lower drawdown and smaller single-period drops generally indicate a smoother ride, though they do not guarantee lower future risk.

1Y risk snapshot
ARCC max drawdowni14.90%
HTGC max drawdowni24.74%
ARCC max wkly dropi6.80%
HTGC max wkly dropi12.58%
5Y risk snapshot
ARCC max drawdowni21.76%
HTGC max drawdowni35.46%
ARCC max wkly dropi15.16%
HTGC max wkly dropi25.27%
10Y risk snapshot
ARCC max drawdowni56.77%
HTGC max drawdowni57.30%
ARCC max wkly dropi41.83%
HTGC max wkly dropi43.03%
Performance metrics by period
Performance metrics by period
PeriodMetricARCCHTGC
1YGrowthi+0.20%+3.20%
CAGRi+0.20%+3.21%
Volatilityi19.40%24.18%
Sharpe ratioi-0.120.07
Sortino ratioi-0.170.09
Max drawdowni14.90%24.74%
Current drawdowni1.93%0.79%
Avg drawdowni6.35%9.66%
Ulcer Indexi7.21%11.80%
Max daily dropi3.94%7.91%
Max wkly dropi6.80%12.58%
5YGrowthi+55.36%+86.01%
CAGRi+9.21%+13.22%
Volatilityi20.05%25.95%
Sharpe ratioi0.320.44
Sortino ratioi0.440.60
Max drawdowni21.76%35.46%
Current drawdowni6.14%3.41%
Avg drawdowni6.21%10.40%
Ulcer Indexi8.13%13.25%
Max daily dropi8.76%11.73%
Max wkly dropi15.16%25.27%
10YGrowthi+226.30%+278.38%
CAGRi+12.56%+14.24%
Volatilityi25.60%27.91%
Sharpe ratioi0.420.46
Sortino ratioi0.580.62
Max drawdowni56.77%57.30%
Current drawdowni6.14%3.41%
Avg drawdowni5.76%9.55%
Ulcer Indexi9.19%13.33%
Max daily dropi23.55%18.26%
Max wkly dropi41.83%43.03%
AI Prediction Signali
Members only
Next 5 trading days
ARCC
+2.8%BUY
HTGC
+1.1%HOLD
Next 30 trading days
ARCC
+6.4%BUY
HTGC
+3.2%HOLD

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Business comparison
Business comparison
CategoryARCCHTGC
CompanyARCCHTGC
SectorFinancial ServicesFinancial Services
IndustryAsset ManagementAsset Management
Core businessAres Capital Corporation is a business development company specializing in growth capital, acquisition, recapitalization, mezzanine debt, restructurings, rescue financing, and leveraged buyout transactions of middle mar…Hercules Capital, Inc. is a business development company.
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