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Horizon Technology Finance Corp HRZN

Nasdaq · stock · website · IPO 2010-10-29

Horizon Technology Finance Corp statistics & valuation

Market cap$301.0M
P / B0.9×
Dividend yield17.64%
Return on equity-0.8%
Net debt$473.0M
Enterprise value USD$774.1M

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports.

Profitability & efficiency

Gross margin (%)
20212022202320242025
Operating margin (%)
20212022202320242025
Return on equity (%)
6.60% -5.30% -1.70% -0.80% 20212022202320242025
Shares outstanding
21.2M 27.8M 33.4M 39.9M 45.6M 20212022202320242025
Net debt ($)
$257.6M $434.1M $462.2M $467.9M $473.0M 20212022202320242025
Share buybacks ($)
20212022202320242025
Return on assets (%)
5.40% 2.80% -2.10% -0.70% -0.30% 20212022202320242025
Free cash flow margin (%)
20212022202320242025
Debt / equity (×)
1.36× 1.43× 1.39× 1.49× 20212022202320242025
EPS ($)
$0.86 -$0.56 -$0.16 -$0.06 20212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021
Return on assets-0.3%-0.7%-2.1%2.8%5.4%
Return on equity-0.8%-1.7%-5.3%6.6%—
Debt / equity1.49×1.39×1.43×1.36×—

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.