Crescent Capital BDC, Inc. (CCAP) vs Runway Growth Finance Corp. (RWAY)
Crescent Capital BDC, Inc. and Runway Growth Finance Corp. are both Asset Management companies. Crescent Capital BDC, Inc. is the larger, with a market value of $353.0M against $282.1M — 1.3× the size. Crescent Capital BDC, Inc. has negative trailing earnings, so its P/E is not meaningful; Runway Growth Finance Corp. trades at 61.6×. Runway Growth Finance Corp. grew revenue faster over the last twelve months: −5.47% against −14.6%. Runway Growth Finance Corp. has the higher net margin (5.82% vs −2.03%) and the higher return on invested capital (2.96% vs 2.58%). Both pay a dividend; Runway Growth Finance Corp. yields more (13.4% vs 10.9%). Across the 21 metrics below, Runway Growth Finance Corp. leads on 17 and Crescent Capital BDC, Inc. on 4.
Valuation
Profitability
| Metric | CCAP | RWAY | Asset Management median |
|---|---|---|---|
| Gross margin | 64.03% | 100.00% | 100.00% |
| Operating margin | 40.82% | 75.26% | 33.03% |
| Net margin | (2.03%) | 5.82% | 13.53% |
| Free cash flow margin | 25.23% | (56.56%) | 12.44% |
| Return on equity | (0.46%) | 1.55% | 4.83% |
| Return on assets | (0.19%) | 0.69% | 1.57% |
| Return on invested capital | 2.58% | 2.96% | 3.04% |
Growth
Health
Dividend
Size
Any metric, up to five companies and an Excel export Powerpack