Horizon Technology Finance Corporation (HRZN) vs Runway Growth Finance Corp. (RWAY)
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 ($309.0M and $282.1M). Horizon Technology Finance Corporation trades at the lower P/E: 11.6× against 61.6×. 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 (13.4% vs 10.1%). Across the 21 metrics below, Horizon Technology Finance Corporation leads on 13 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% | 33.03% |
| Net margin | 5.27% | 5.82% | 13.53% |
| Free cash flow margin | 105.73% | (56.56%) | 12.44% |
| Return on equity | 1.45% | 1.55% | 4.83% |
| Return on assets | 0.65% | 0.69% | 1.57% |
| Return on invested capital | 16.64% | 2.96% | 3.04% |
Growth
Health
Dividend
Size
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