Palmer Square Capital BDC Inc. (PSBD) vs Runway Growth Finance Corp. (RWAY)
- Palmer Square Capital BDC Inc. PSBD 9.93 +0.40%
- Runway Growth Finance Corp. RWAY 6.73 +9.97%
Palmer Square Capital BDC Inc. and Runway Growth Finance Corp. are both Asset Management companies. Palmer Square Capital BDC Inc. is the larger, with a market value of $303.1M against $256.5M — 1.2× the size. Palmer Square Capital BDC Inc. has negative trailing earnings, so its P/E is not meaningful; Runway Growth Finance Corp. trades at 41.1×. Runway Growth Finance Corp. grew revenue faster over the last twelve months: −2.83% against −14.9%. 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 10.9%). Across the 18 metrics below, Runway Growth Finance Corp. leads on 11 and Palmer Square Capital BDC Inc. on 7.
Valuation
Profitability
| Metric | PSBD | RWAY | Asset Management median |
|---|---|---|---|
| Gross margin | 100.00% | 100.00% | 100.00% |
| Operating margin | 83.05% | 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 | (4.49%) | 2.12% | 4.57% |
| Return on assets | (1.68%) | 1.02% | 1.40% |
| Return on invested capital | 0.00% | 7.17% | 2.12% |
Growth
Health
Dividend
Size
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