CION Investment Corporation (CION) vs Runway Growth Finance Corp. (RWAY)
CION Investment Corporation and Runway Growth Finance Corp. are both Asset Management companies. CION Investment Corporation is the larger, with a market value of $350.8M against $282.1M — 1.2× the size. Runway Growth Finance Corp. trades at the lower P/E: 61.6× against 120×. CION Investment Corporation grew revenue faster over the last twelve months: 2.65% against −5.47%. Runway Growth Finance Corp. has the higher net margin (5.82% vs 1.17%) and the lower return on invested capital (2.96% vs 7.94%). Both pay a dividend; Runway Growth Finance Corp. yields more (13.4% vs 12.1%). Across the 21 metrics below, CION Investment Corporation leads on 11 and Runway Growth Finance Corp. on 10.
Valuation
Profitability
| Metric | CION | RWAY | Asset Management median |
|---|---|---|---|
| Gross margin | 100.00% | 100.00% | 100.00% |
| Operating margin | 36.19% | 75.26% | 33.03% |
| Net margin | 1.17% | 5.82% | 13.53% |
| Free cash flow margin | 19.12% | (56.56%) | 12.44% |
| Return on equity | 0.38% | 1.55% | 4.83% |
| Return on assets | 0.15% | 0.69% | 1.57% |
| Return on invested capital | 7.94% | 2.96% | 3.04% |
Growth
Health
Dividend
Size
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