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Runway Growth Finance Corp. RWAY

Nasdaq · stock · website · IPO 2021-10-21 · LEI

Runway Growth Finance Corp. statistics & valuation

Market cap$225.1M
P / E6.6×
P / B0.5×
Dividend yield22.86%
Return on equity7.0%
Net debt$417.2M
Enterprise value USD$642.2M
Graham number +145.3%$16.63

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($16.63); a green figure means the price is below it.

Profitability & efficiency

Gross margin (%)
20212022202320242025
Operating margin (%)
20212022202320242025
Return on equity (%)
7.50% 5.60% 8.10% 14.30% 7.00% 20212022202320242025
Shares outstanding
41.4M 41.0M 40.5M 38.9M 36.7M 20212022202320242025
Net debt ($)
$74.8M $543.2M $507.1M $546.6M $417.2M 20212022202320242025
Share buybacks ($)
20212022202320242025
Return on assets (%)
6.20% 2.80% 4.10% 6.70% 3.50% 20212022202320242025
Free cash flow margin (%)
20212022202320242025
Debt / equity (×)
0.13× 0.95× 0.93× 1.07× 0.90× 20212022202320242025
EPS ($)
$1.33 $0.79 $1.09 $1.89 $0.93 20212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

Runway Growth Finance Corp. trades at about 7.3× earnings — below its 10-year norm (10-year range 6.1×–16.4×, median 9.8×).

6.1× 16.4×

Shaded band = 10-year range (6.1×–16.4×); dot = today's 7.3×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021
Return on assets3.5%6.7%4.1%2.8%6.2%
Return on equity7.0%14.3%8.1%5.6%7.5%
Debt / equity0.90×1.07×0.93×0.95×0.13×

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.