Artisan Partners Asset Management (APAM) vs Hercules Capital (HTGC)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 10, 2026.
Summary
Hercules Capital (HTGC) has outperformed Artisan Partners Asset Management (APAM) over the past year, losing 3.2% versus a loss of 23.3%. Over five years, HTGC leads with a -5.1% price change compared with -29.2% for APAM. Hercules Capital is the larger company by market cap ($3.09 billion vs $2.38 billion), about 1.3 times the size.
On valuation, Hercules Capital trades at a lower forward P/E (8.4x vs 8.9x for Artisan Partners Asset Management). Artisan Partners Asset Management offers the higher dividend yield (10.34% vs 9.69%).
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | APAM | HTGC |
|---|---|---|
| Share price | $33.46 | $16.51 |
| Market cap | $2.38B | $3.09B |
| 1-day change | -0.56% | -0.24% |
| YTD return | -17.87% | -12.27% |
| 1-year return | -23.26% | -3.22% |
| 5-year return | -29.16% | -5.11% |
| P/E ratio (TTM) | 8.06 | 8.21 |
| Forward P/E | 8.93 | 8.39 |
| EPS (TTM) | $4.15 | $2.01 |
| Dividend yield | 10.34% | 9.69% |
| Annual dividend | $3.46 | $1.60 |
| Revenue (latest FY) | $1.20B | — |
| Revenue growth (YoY) | +7.63% | — |
| Net income (latest FY) | $290.32M | $339.74M |
| Operating margin | 33.39% | — |
| Net margin | 24.26% | — |
| 52-week high | $46.53 | $19.13 |
| 52-week low | $33.02 | $13.70 |
| Distance from 52-week high | -28.09% | -13.70% |
| Analyst consensus | hold | none |
| Avg. price target upside | +15.06% | +18.11% |
| Average volume | 959.48K | 1.46M |
| Shares outstanding | 71.00M | 187.16M |
| Employees | 567 | 100 |
| Sector | Finance | Finance |
| Industry | Investment Managers | Investment Managers |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- HTGC has outperformed APAM by 20.0 percentage points over the past year.
About Artisan Partners Asset Management
APAM stock →Artisan Partners Asset Management Inc. is publicly owned investment manager.
Finance · Investment Managers · 567 employees
About Hercules Capital
HTGC stock →Hercules Capital, Inc. is a business development company.
Finance · Investment Managers · 100 employees
APAM vs HTGC FAQ
Which is bigger, Artisan Partners Asset Management or Hercules Capital?
Hercules Capital (HTGC) is larger, with a market capitalization of $3.09B compared with $2.38B for Artisan Partners Asset Management (APAM).
Which stock has performed better over the past year, APAM or HTGC?
HTGC returned -3.22% over the past 12 months, compared with -23.26% for APAM (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, APAM or HTGC?
APAM has the lower trailing P/E at 8.1, versus 8.2 for HTGC. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Artisan Partners Asset Management or Hercules Capital?
Artisan Partners Asset Management has the higher yield at 10.34%, compared with 9.69% for Hercules Capital.
Are Artisan Partners Asset Management and Hercules Capital in the same industry?
Yes. Both are classified in the Investment Managers industry within the Finance sector.