Federated Hermes (FHI) 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
Federated Hermes (FHI) has outperformed Hercules Capital (HTGC) over the past year, gaining 7.6% versus a loss of 3.2%. Over five years, FHI leads with a +71.2% price change compared with -4.9% for HTGC. Federated Hermes is the larger company by market cap ($4.22 billion vs $3.09 billion), about 1.4 times the size.
On valuation, Hercules Capital trades at a lower forward P/E (8.4x vs 9.7x for Federated Hermes). Hercules Capital offers the higher dividend yield (9.69% vs 2.48%).
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 | FHI | HTGC |
|---|---|---|
| Share price | $56.52 | $16.51 |
| Market cap | $4.22B | $3.09B |
| 1-day change | +1.02% | -0.24% |
| YTD return | +8.55% | -12.27% |
| 1-year return | +7.58% | -3.22% |
| 5-year return | +71.17% | -4.89% |
| P/E ratio (TTM) | 10.43 | 8.21 |
| Forward P/E | 9.70 | 8.39 |
| EPS (TTM) | $5.42 | $2.01 |
| Dividend yield | 2.48% | 9.69% |
| Annual dividend | $1.40 | $1.60 |
| Revenue (latest FY) | $1.80B | — |
| Revenue growth (YoY) | +10.33% | — |
| Net income (latest FY) | $403.30M | $339.74M |
| Operating margin | 28.54% | — |
| Net margin | 22.40% | — |
| 52-week high | $67.20 | $19.13 |
| 52-week low | $46.66 | $13.70 |
| Distance from 52-week high | -15.89% | -13.70% |
| Analyst consensus | hold | none |
| Avg. price target upside | +6.40% | +18.11% |
| Average volume | 603.78K | 1.47M |
| Shares outstanding | 74.65M | 187.16M |
| Employees | 2,091 | 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
- FHI has outperformed HTGC by 10.8 percentage points over the past year.
- Federated Hermes trades at a higher earnings multiple (10.4x vs 8.2x trailing P/E).
- Hercules Capital offers a meaningfully higher dividend yield (9.69% vs 2.48%).
About Federated Hermes
FHI stock →Federated Hermes, Inc. is a publicly owned investment manager.
Finance · Investment Managers · 2,091 employees
About Hercules Capital
HTGC stock →Hercules Capital, Inc. is a business development company.
Finance · Investment Managers · 100 employees
FHI vs HTGC FAQ
Which is bigger, Federated Hermes or Hercules Capital?
Federated Hermes (FHI) is larger, with a market capitalization of $4.22B compared with $3.09B for Hercules Capital (HTGC).
Which stock has performed better over the past year, FHI or HTGC?
FHI returned +7.58% over the past 12 months, compared with -3.22% for HTGC (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, FHI or HTGC?
HTGC has the lower trailing P/E at 8.2, versus 10.4 for FHI. 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, Federated Hermes or Hercules Capital?
Hercules Capital has the higher yield at 9.69%, compared with 2.48% for Federated Hermes.
Are Federated Hermes and Hercules Capital in the same industry?
Yes. Both are classified in the Investment Managers industry within the Finance sector.