Runway Growth Finance Corp. (RWAY) vs BLACKROCK TCP CAPITAL CORP. (TCPC)
- Runway Growth Finance Corp. RWAY 6.69 +9.31%
- BLACKROCK TCP CAPITAL CORP. TCPC 4.31 +0.94%
Runway Growth Finance Corp. and BLACKROCK TCP CAPITAL CORP. are both Asset Management companies. BLACKROCK TCP CAPITAL CORP. is the larger, with a market value of $358.3M against $256.5M — 1.4× the size. BLACKROCK TCP CAPITAL CORP. 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 −26.1%. 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 17.8%). Across the 18 metrics below, Runway Growth Finance Corp. leads on 12 and BLACKROCK TCP CAPITAL CORP. on 6.
Valuation
Profitability
| Metric | RWAY | TCPC | Asset Management median |
|---|---|---|---|
| Gross margin | 100.00% | 100.00% | 100.00% |
| Operating margin | 75.20% | 84.51% | 27.27% |
| Net margin | 7.62% | 0.00% | 11.89% |
| Free cash flow margin | (12.79%) | 0.00% | 5.96% |
| Return on equity | 2.12% | (32.96%) | 4.57% |
| Return on assets | 1.02% | (15.19%) | 1.40% |
| Return on invested capital | 7.17% | 0.00% | 2.12% |
Growth
Health
Dividend
Size
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