PennantPark Investment Corporation (PNNT) vs Runway Growth Finance Corp. (RWAY)
- PennantPark Investment Corporation PNNT 3.40 +4.29%
- Runway Growth Finance Corp. RWAY 6.73 +9.97%
PennantPark Investment Corporation and Runway Growth Finance Corp. are both Asset Management companies. Runway Growth Finance Corp. is the larger, with a market value of $256.5M against $212.9M — 1.2× the size. PennantPark Investment Corporation trades at the lower P/E: 20.9× against 41.1×. Runway Growth Finance Corp. grew revenue faster over the last twelve months: −2.83% against −19.9%. PennantPark Investment Corporation has the higher net margin (9.66% vs 7.62%) and the lower return on invested capital (2.65% vs 7.17%). Both pay a dividend; Runway Growth Finance Corp. yields more (21.4% vs 12.3%). Across the 20 metrics below, PennantPark Investment Corporation leads on 10 and Runway Growth Finance Corp. on 10.
Valuation
Profitability
| Metric | PNNT | RWAY | Asset Management median |
|---|---|---|---|
| Gross margin | 80.01% | 100.00% | 100.00% |
| Operating margin | 74.72% | 75.20% | 27.27% |
| Net margin | 9.66% | 7.62% | 11.89% |
| Free cash flow margin | 107.91% | (12.79%) | 5.96% |
| Return on equity | 2.23% | 2.12% | 4.57% |
| Return on assets | 0.81% | 1.02% | 1.40% |
| Return on invested capital | 2.65% | 7.17% | 2.12% |
Growth
Health
Dividend
Size
Any metric, up to five companies and an Excel export Powerpack