Horizon Technology Finance Corporation (HRZN) vs Runway Growth Finance Corp. (RWAY)
- Horizon Technology Finance Corporation HRZN 3.96 0.00%
- Runway Growth Finance Corp. RWAY 6.72 +9.80%
Horizon Technology Finance Corporation and Runway Growth Finance Corp. are both Asset Management companies. Horizon Technology Finance Corporation and Runway Growth Finance Corp. are of similar size ($265.5M and $256.5M). Horizon Technology Finance Corporation has negative trailing earnings, so its P/E is not meaningful; Runway Growth Finance Corp. trades at 41.1×. Horizon Technology Finance Corporation grew revenue faster over the last twelve months: −1.07% against −2.83%. Runway Growth Finance Corp. has the higher net margin (7.62% vs 0.00%) and the higher return on invested capital (7.17% vs 0.00%). Both pay a dividend; Runway Growth Finance Corp. yields more (21.4% vs 18.8%). Across the 17 metrics below, Runway Growth Finance Corp. leads on 9 and Horizon Technology Finance Corporation on 8.
Valuation
Profitability
| Metric | HRZN | RWAY | Asset Management median |
|---|---|---|---|
| Gross margin | 100.00% | 100.00% | 100.00% |
| Operating margin | 94.88% | 75.20% | 27.27% |
| Net margin | 0.00% | 7.62% | 11.89% |
| Free cash flow margin | 0.00% | (12.79%) | 5.96% |
| Return on equity | (15.90%) | 2.12% | 4.57% |
| Return on assets | (7.01%) | 1.02% | 1.40% |
| Return on invested capital | 0.00% | 7.17% | 2.12% |
Growth
Health
Dividend
Size
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