Is RWAY a good stock to buy right now?

Based on our 6-factor quantitative model, Runway Growth Finance Corp. (RWAY) receives a "Reduce" rating with a composite score of 38.5/100. It is ranked #3,214 out of 4,446 stocks. Key factor scores: Quality 34/100, Value 39/100, Momentum 23/100. The timing signal is "Neutral". This is quantitative analysis only — not investment advice.

What is the stock rating for RWAY?

Runway Growth Finance Corp. (RWAY) has a "Reduce" rating and 2-star score. The composite score of 38.5 ranks it #3,214 among 4,446 U.S. stocks. Ratings are updated weekly using academically-proven factor models.

What sector is RWAY in?

Runway Growth Finance Corp. operates in the Other sector (Other industry) with a market cap of $238 million. It is classified as a micro-cap stock.

Does RWAY pay a dividend?

RWAY does not currently pay a regular dividend. The company may be reinvesting profits for growth.

What is RWAY's P/E ratio?

RWAY has a trailing P/E ratio of 4.75x. The Other sector average is 19.3x. This below-average P/E may indicate the stock is undervalued.

How profitable is RWAY?

RWAY's quality factor score is 34/100. ROE: 10.7% vs sector average 8.4%. Margins are moderate to low, reflecting competitive market dynamics.

How is RWAY valued compared to peers?

RWAY's value factor score is 39/100 (higher = cheaper). Key multiples: P/E 4.8x. Trading at a premium relative to peers.

What is RWAY's debt level?

RWAY's debt-to-equity ratio is 90%. Sector average: 90%. Moderate leverage is normal for established companies.

RWAY has a beta of 0.65, meaning it is less volatile than the market. Stability score: 71/100.

Does RWAY have high short interest?

RWAY's short interest factor score is 65/100 (higher = less short selling). Moderate short interest.

RWAY Stock Analysis: Top Micro-Cap Reduce (Score 38.5/100) | Blank Capital Research

Data Series	1D	5D	1M	YTD	1Y	3Y	5Y	10Y
RWAY	+1.32%	+1.17%	-15.98%	-22.84%	-34.13%	-	-	-
U.S. Market SPY	+0.09%	+1.66%	-4.86%	-3.83%	+16.17%	-	-	-
Alpha vs Market	+1.23%	-0.49%	-11.12%	-19.02%	-50.30%	-	-	-

Metric	RWAY	Benchmark
P/E Ratio	4.8x	-75%
EV/EBITDA	—	—
Price / Book	0.5x

Stock Entity	Score▼	Quality	Value	Momentum	P/E Ratio	ROE	Gross Margin	Net Margin	Rev Growth	D/E Ratio	Market Cap	Compare
BRK.A Berkshire Hathaway Inc Class A	54	48	62	42	13.8x	10.4%	-	19.9%	1.4%	70.0x	$1.0T	VS
TXT TEXTRON INC	51	50	67	56	16.6x	11.8%	18.8%	6.5%	9.0%	130.0x	$15.2B	VS
CRD.A Crawford & Company Class A	51	50	64	38	13.6x	21.2%	28.2%	2.7%	1.8%	110.0x	$467M	VS
EHAB Enhabit, Inc.	49	34	46	68	61.8x	-13.2%	48.5%	-7.4%	1.2%	108.0x	$693M	VS
BF.A Brown-Forman Corp Class A	48	50	49	38	12.8x	23.6%	59.8%	23.3%	11.0%	60.0x	$12.5B	VS
LSBK LAKE SHORE BANCORP, INC.	48	45	49	47	17.9x	4.8%	58.9%	20.1%	6.8%	1.0x	$118M	VS
SUNC Sun Communities Inc	43	32	65	35	-	26.5%	11.1%	2.1%	-	167.0x	$3.2B	VS
MOG.A Moog Inc Class A	43	10	44	71	38.4x	12.1%	27.2%	6.3%	21.6%	120.0x	$9.1B	VS
AVBC Avidia Bancorp, Inc.	40	26	33	44	-	-3.5%	-	-2.5%	-	649.0x	$352M	VS
LIEN Chicago Atlantic BDC, Inc.	39	10	78	33	6.6x	43.9%	-	100.6%	-	13.0x	$217M	VS
RWAY Runway Growth Finance Corp.	39	34	39	23	4.8x	10.7%	-	85.3%	7.9%	90.0x	$238M

Key Ratio	TTM	2025	2024	2023	2022
Gross Margin %	-	-	-	-	-
Operating Margin %	-0.4%	-0.4%	-0.3%	-0.1%	0.2%
EBITDA Margin %	-0.4%	-0.4%	-0.3%	-0.1%	0.2%
Net Margin %	0.9%	0.6%	1.2%	0.6%	0.5%
FCF Margin %	-	-	-	-	-
ROE %	0.1%	0.1%	0.1%	0.1%	0.1%
ROA %	0.1%	0.0%	0.1%	0.0%	0.0%
ROIC %	-0.0%	-2.0%	-1.3%	-0.6%	0.8%

Line Item	TTM	2025	2024	2023	2022
	$61M	$57M	$64M	$78M	$60M
	—	$80M	$81M	$86M	$49M
	-$22M	-$24M	-$17M	-$8M	$11M
EBIT	-$22M	-$24M	-$17M	-$8M	$11M
EBITDA	-$22M	-$24M	-$17M	-$8M	$11M
Operating Margin	-35.8%	-41.3%	-26.9%	-9.8%	18.5%
EBITDA Margin	-35.4%	-41.3%	-26.9%	-9.8%	18.5%
	—	$43M	$44M	$43M	$17M
	—	$57M	$64M	$78M	$60M
Income Tax Expense	—	$900K	$400K	$700K	$290K
	$52M	$34M	$74M	$44M	$32M
Net Margin	85.3%	59.8%	115.5%	56.6%	53.9%
	$0.93	$0.93	$1.89	$1.09	$0.79
Diluted EPS	$0.93	$0.93	$1.89	$1.09	$0.79
Weighted Avg Basic	—	37M	39M	41M	41M
Weighted Avg Diluted	—	37M	39M	41M	41M

Runway Growth Finance Corp. (RWAY) Stock Analysis — April 2026 Rating, Price, and Forecast

Last updated: April 2026

Company Overview — What Does Runway Growth Finance Corp. Do?

N/A Runway Growth Finance Corp. (RWAY) is classified as a micro-cap stock in the Other sector. The company is led by CEO David Spreng. With a market capitalization of $238M, RWAY is one of the notable companies in the Other sector.

Runway Growth Finance Corp. (RWAY) Stock Rating — Reduce (April 2026)

As of April 2026, Runway Growth Finance Corp. receives a Reduce rating with a composite score of 38.5/100 and 2 out of 5 stars from the Blank Capital Research quantitative model.RWAY ranks #3,214 out of 4,446 stocks in our coverage universe. Within the Other sector, Runway Growth Finance Corp. ranks #25 of 37 stocks, placing it in the lower half of its Other peers. The rating is generated by a multi-factor model that weighs quality (30%), momentum (25%), value (15%), investment (10%), stability (10%), and short interest (10%).

RWAY Stock Price and 52-Week Range

Runway Growth Finance Corp. (RWAY) currently trades at $6.89. The 52-week high for RWAY is $11.40, which means the stock is currently trading -39.6% from its annual peak. The 52-week low is $6.61, putting the stock 4.2% above its annual trough. Recent trading volume was 0 shares, suggesting relatively thin trading activity.

Is RWAY Overvalued or Undervalued? — Valuation Analysis

Runway Growth Finance Corp. (RWAY) carries a value factor score of 39/100 in the Blank Capital model, signaling premium valuation that prices in significant future growth. The trailing price-to-earnings ratio is 4.75x, compared to the Other sector average of 19.28x — a discount of 75%. The price-to-book ratio stands at 0.51x, versus the sector average of 1.24x. The price-to-sales ratio is 4.02x, compared to 1.07x for the average Other stock.

At current multiples, Runway Growth Finance Corp. trades at a premium to most Other peers. This elevated valuation may be justified if the company can sustain above-average growth rates and profitability, but it also creates downside risk if earnings disappoint expectations.

Runway Growth Finance Corp. Profitability — ROE, Margins, and Quality Score

Runway Growth Finance Corp. (RWAY) earns a quality factor score of 34/100, signaling below-average profitability metrics relative to the broader market. The return on equity (ROE) is 10.7%, compared to the Other sector average of 8.4%, which is within a healthy range. Return on assets (ROA) comes in at 5.4% versus the sector average of 1.3%.

The operating margin is -35.8% (sector: 3.0%). Net profit margin stands at 85.3%, versus 6.4% for the average Other stock. Revenue growth is running at 7.8% on a trailing basis, compared to 7.8% for the sector. Profitability is below benchmark levels, which may reflect industry headwinds, elevated reinvestment, or structural challenges.

RWAY Debt, Balance Sheet, and Financial Health

Runway Growth Finance Corp. has a debt-to-equity ratio of 90.0%, compared to the Other sector average of 90.0%. Leverage is within a manageable range for the industry, though investors should monitor debt trends over time. The current ratio is 2.02x, indicating strong short-term liquidity. Total debt on the balance sheet is $435M.

RWAY has a beta of 0.65, meaning it is less volatile than the S&P 500, making it a relatively defensive holding. The stability factor score for Runway Growth Finance Corp. is 71/100, indicating low-volatility characteristics and consistent price behavior that appeals to risk-averse investors.

Runway Growth Finance Corp. Revenue and Earnings History — Quarterly Trend

In TTM 2026, Runway Growth Finance Corp. reported revenue of $61M and earnings per share (EPS) of $0.93. Net income for the quarter was $52M. Operating income came in at $-22M.

In FY 2025, Runway Growth Finance Corp. reported revenue of $57M and earnings per share (EPS) of $0.93. Net income for the quarter was $34M. Revenue grew -10.7% year-over-year compared to FY 2024. Operating income came in at $-24M.

In Q3 2025, Runway Growth Finance Corp. reported revenue of $16M and earnings per share (EPS) of $0.22. Net income for the quarter was $8M. Revenue grew -0.9% year-over-year compared to Q3 2024. Operating income came in at $-5M.

In Q2 2025, Runway Growth Finance Corp. reported revenue of $14M and earnings per share (EPS) of $0.45. Net income for the quarter was $17M. Revenue grew -4.4% year-over-year compared to Q2 2024. Operating income came in at $-7M.

Over the past 8 quarters, Runway Growth Finance Corp. has demonstrated a growth trajectory, with revenue expanding from $15M to $61M. Investors analyzing RWAY stock should weigh these quarterly trends alongside the valuation and quality metrics discussed above.

RWAY Dividend Yield and Income Analysis

Runway Growth Finance Corp. (RWAY) does not currently pay a dividend. This is common among smaller companies in the Other industry that prefer to reinvest cash flows into business expansion rather than returning capital to shareholders. Income-focused investors looking for Other dividend stocks may want to explore other Other stocks or use the stock screener to filter by dividend yield.

RWAY Momentum and Technical Analysis Profile

Runway Growth Finance Corp. (RWAY) has a momentum factor score of 23/100, signaling weak relative price performance. Stocks with low momentum scores have historically tended to continue underperforming in the near term. The investment factor score is 30/100, which measures capital allocation efficiency and asset growth patterns. The short interest score of 65/100 reflects moderate short selling activity.

RWAY vs Competitors — Other Sector Ranking and Peer Comparison

Within the Other sector, Runway Growth Finance Corp. (RWAY) ranks #25 out of 37 stocks based on the Blank Capital composite score. This places RWAY in the lower half of all Other stocks in our coverage universe. Key competitors and sector peers include Berkshire Hathaway Inc Class A (BRK.A) with a score of 53.5/100, Brown-Forman Corp Class A (BF.A) with a score of 48.2/100, Crawford & Company Class A (CRD.A) with a score of 50.5/100, Moog Inc Class A (MOG.A) with a score of 42.6/100, and TEXTRON INC (TXT) with a score of 51.2/100.

Comparing RWAY against the S&P 500 benchmark is also instructive for understanding relative performance. Investors can view the full RWAY vs S&P 500 (SPY) comparison to assess how Runway Growth Finance Corp. stacks up against the broader market across all factor dimensions.

RWAY Next Earnings Date

No upcoming earnings date has been announced for Runway Growth Finance Corp. (RWAY) at this time. Check the earnings calendar for the latest scheduling updates across all stocks in our coverage universe.

Should You Buy RWAY? — Investment Thesis Summary

The quantitative profile for Runway Growth Finance Corp. suggests caution. The quality score of 34/100 flags below-average profitability. The value score of 39/100 indicates premium valuation. Momentum is weak at 23/100, a headwind for near-term performance. Low volatility (stability score 71/100) reduces downside risk.

In summary, Runway Growth Finance Corp. (RWAY) earns a Reduce rating with a composite score of 38.5/100 as of April 2026. The rating is derived from the Blank Capital Research methodology, which combines six factor dimensions into a single quantitative ranking. Investors should consider these quantitative signals alongside their own fundamental research, risk tolerance, and investment time horizon before making buy or sell decisions on RWAY stock.

Related Resources for RWAY Investors

Explore more research and tools: RWAY vs S&P 500 comparison, top Other stocks, stock screener, our methodology, quality factor explained, value factor explained, momentum factor explained. Compare RWAY head-to-head with peers: RWAY vs BRK.A, RWAY vs BF.A, RWAY vs CRD.A.

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