Horizon Technology Finance Corporation (HRZN) vs Runway Growth Finance Corp. (RWAY)
- Horizon Technology Finance Corporation HRZN 4.29 −6.54%
- Runway Growth Finance Corp. RWAY 6.33 −2.91%
Horizon Technology Finance Corporation and Runway Growth Finance Corp. are both Asset Management companies. Horizon Technology Finance Corporation is the larger, with a market value of $307.7M against $273.3M — 1.1× the size. Horizon Technology Finance Corporation trades at the lower P/E: 10.7× against 57.5×. Horizon Technology Finance Corporation grew revenue faster over the last twelve months: −1.07% against −5.47%. Runway Growth Finance Corp. has the higher net margin (5.82% vs 5.27%) and the lower return on invested capital (2.96% vs 16.6%). Both pay a dividend; Runway Growth Finance Corp. yields more (20.9% vs 17.3%). Across the 19 metrics below, Horizon Technology Finance Corporation leads on 11 and Runway Growth Finance Corp. on 8.
Valuation
Profitability
| Metric | HRZN | RWAY | Asset Management median |
|---|---|---|---|
| Gross margin | 100.00% | 100.00% | 100.00% |
| Operating margin | 94.88% | 75.26% | 33.42% |
| Net margin | 5.27% | 5.82% | 13.37% |
| Free cash flow margin | 105.73% | (56.56%) | 12.36% |
| Return on equity | 1.45% | 1.55% | 4.79% |
| Return on assets | 0.65% | 0.69% | 1.55% |
| Return on invested capital | 16.64% | 2.96% | 2.97% |
Growth
Health
Dividend
Size
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