RWAY
Neutral signal
Factor checklist — research, not advice
A check leans with a bullish reading. A cross leans against it. A dash is unavailable or mixed.
- Insider Supports a bullish reading. Open-market purchases outweigh sales
- Congress Unavailable or mixed. No purchase disclosures in the stored window
- Financial indicators Supports a bullish reading. Current ratio 1.22 · operating margin 55%
- Narrative Unavailable or mixed. Stored narrative reading is in the neutral band
- Timing Unavailable or mixed. No stored price series
ACHAT TOTAL: 9000 titres (~62632 USD)
- Insiders
- SPRENG R DAVIDThomson Carmela
- Total bought
-
$62,632
Avg buy (VWAP, 90d window) $6.77 vs last close —
- Total sold
-
—
Avg sell (VWAP, 90d window) —
- Last activity
- 2026-08-14
- Last synced
-
2026-08-25 17:08:49
Sign in to request a sync of this company's price history and timing levels.
Insider holdings as a share of total assets aren't available for this company.
Avg buy and avg sell are volume-weighted prices (sum of shares × price, divided by shares) for Form 4 rows in this 90-day window that report both figures. A comparison with last close is market context for that average, not advice.
Recent Form 4
Filings in the 90-day window for this company. Value is shares × price from the filing. Research, not advice.
| Date | Person | Side | Shares | Price | Value | Form 4 |
|---|---|---|---|---|---|---|
| 2026-09-22 | Goldthorpe Edward J. | Buy | 6,251 | $6.76 | $42,257 | Form 4 |
| 2026-09-21 | Goldthorpe Edward J. | Buy | 3,749 | $6.72 | $25,193 | Form 4 |
| 2026-09-09 | Rovner Michael | Buy | 7,000 | $6.57 | $45,990 | Form 4 |
| 2026-08-14 | SPRENG R DAVID | Buy | 1,000 | $6.89 | $6,889 | Form 4 |
| 2026-08-13 | Thomson Carmela | Buy | 8,000 | $6.97 | $55,743 | Form 4 |
Price (1 year)
Live chart from TradingView — independent market data, as price context around the filings, not the Quorum score. EMA 50/200 and Bollinger load by default. When the exchange is known it is sent as EXCHANGE:SYMBOL; otherwise TradingView resolves the ticker best-effort.
Market snapshot
Signal
Neutral signalScored 2026-08-23
RWAY presents a moderately compelling event-driven setup: an insider cluster buy following an earnings beat and dividend announcement, combined with a notable 45% NAV discount and solid 16% ROE, provides a credible…
The first sentence of the analysis written for RWAY on 2026-08-23 - a real excerpt, not a sample. The rest of it, the 0-100 score and the rating it produced are part of Plus. See plans.
Financial ratios
| Metric | Trend | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|---|
| Gross Profit Margin | 78.5% | 69.1% | 59.1% | 75.1% | 92.2% | |
| Ebit Margin | 54.7% | 59.3% | 46.9% | 58.5% | 84.5% | |
| Ebitda Margin | 54.7% | 59.3% | 50.1% | 58.5% | 84.5% | |
| Operating Profit Margin | 54.7% | 59.3% | 46.9% | 58.5% | 84.5% | |
| Pretax Profit Margin | 24.3% | 59.3% | 46.9% | 58.5% | 84.5% | |
| Continuous Operations Profit Margin | 24.3% | 59.3% | 46.9% | 58.5% | 84.5% | |
| Net Profit Margin | 24.3% | 59.3% | 46.9% | 58.5% | 84.5% | |
| Bottom Line Profit Margin | 24.3% | 59.3% | 46.9% | 58.5% | 84.5% | |
| Current Ratio | 1.216 | 1.794 | 1.662 | 2.335 | 0.178 | |
| Quick Ratio | 1.216 | 1.794 | 1.662 | 2.335 | 0.178 | |
| Solvency Ratio | 0.072 | 0.128 | 0.089 | 0.057 | 0.345 | |
| Cash Ratio | 0.857 | 0.743 | 0.439 | 0.926 | 0.104 | |
| Price To Earnings Ratio | 9.602 | 5.799 | 11.578 | 14.671 | 9.639 | |
| Price To Earnings Growth Ratio | -0.189 | 0.079 | 0.305 | -0.361 | 0.578 | |
| Forward Price To Earnings Growth Ratio | -0.189 | 0.079 | 0.305 | -0.361 | 0.578 | |
| Price To Earnings Diluted Ratio | 9.602 | 5.799 | 11.578 | 14.671 | 9.639 | |
| Price To Earnings Diluted Growth Ratio | -0.189 | 0.079 | 0.305 | -0.361 | 0.578 | |
| Price To Book Ratio | 0.676 | 0.827 | 0.934 | 0.824 | 0.837 | |
| Price To Sales Ratio | 2.338 | 3.428 | 5.409 | 8.612 | 9.400 | |
| Price To Free Cash Flow Ratio | 1.759 | 8.433 | 4.547 | 9.696 | -8.287 | |
| Price To Operating Cash Flow Ratio | 1.759 | 8.433 | 4.547 | 9.696 | -8.287 | |
| Debt To Assets Ratio | 0.469 | 0.506 | 0.473 | 0.481 | 0.108 | |
| Debt To Equity Ratio | 0.928 | 1.073 | 0.932 | 0.953 | 0.131 | |
| Debt To Capital Ratio | 0.481 | 0.518 | 0.483 | 0.488 | 0.116 | |
| Long Term Debt To Capital Ratio | 0.481 | 0.518 | 0.483 | 0.488 | 0.116 | |
| Financial Leverage Ratio | 1.980 | 2.120 | 1.973 | 1.982 | 1.218 | |
| Working Capital Turnover Ratio | 26.155 | 23.384 | 14.790 | -3.842 | -1.213 | |
| Operating Cash Flow Ratio | 8.788 | 6.521 | 16.623 | 7.873 | -1.360 | |
| Operating Cash Flow Sales Ratio | 1.329 | 0.406 | 1.190 | 0.888 | -1.134 | |
| Free Cash Flow Operating Cash Flow Ratio | 1.000 | 1.000 | 1.000 | 1.000 | 1.000 | |
| Debt Service Coverage Ratio | 1.798 | 1.664 | 1.226 | 2.344 | 10.882 | |
| Interest Coverage Ratio | 1.798 | 1.664 | 1.147 | 2.344 | 10.882 | |
| Short Term Operating Cash Flow Coverage Ratio | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 | |
| Operating Cash Flow Coverage Ratio | 0.414 | 0.091 | 0.220 | 0.089 | -0.771 | |
| Capital Expenditure Coverage Ratio | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 | |
| Dividend Paid And Capex Coverage Ratio | 3.621 | 0.723 | 1.533 | 0.949 | -3.413 | |
| Dividend Payout Ratio | 1.511 | 0.949 | 1.654 | 1.600 | 0.393 | |
| Enterprise Value Multiple | 9.899 | 13.210 | 21.498 | 31.568 | 12.766 |
Sparkline shows each ratio oldest → newest (left → right).
How the latest year compares
For each ratio: its most recent value, the change versus one year earlier, and versus its 5-year average. ▲ higher ▼ lower
| Metric | Current | vs 1Y ago | vs 5Y avg |
|---|---|---|---|
| Gross Profit Margin | 78.5% | ▲9.3% | ▲3.7% |
| Ebit Margin | 54.7% | ▼-4.5% | ▼-6.0% |
| Ebitda Margin | 54.7% | ▼-4.5% | ▼-6.7% |
| Operating Profit Margin | 54.7% | ▼-4.5% | ▼-6.0% |
| Pretax Profit Margin | 24.3% | ▼-35.0% | ▼-30.4% |
| Continuous Operations Profit Margin | 24.3% | ▼-35.0% | ▼-30.4% |
| Net Profit Margin | 24.3% | ▼-35.0% | ▼-30.4% |
| Bottom Line Profit Margin | 24.3% | ▼-35.0% | ▼-30.4% |
| Current Ratio | 1.216 | ▼-0.579 | ▼-0.221 |
| Quick Ratio | 1.216 | ▼-0.579 | ▼-0.221 |
| Solvency Ratio | 0.072 | ▼-0.056 | ▼-0.067 |
| Cash Ratio | 0.857 | ▲0.115 | ▲0.243 |
| Price To Earnings Ratio | 9.602 | ▲3.803 | ▼-0.656 |
| Price To Earnings Growth Ratio | -0.189 | ▼-0.268 | ▼-0.271 |
| Forward Price To Earnings Growth Ratio | -0.189 | ▼-0.268 | ▼-0.271 |
| Price To Earnings Diluted Ratio | 9.602 | ▲3.803 | ▼-0.656 |
| Price To Earnings Diluted Growth Ratio | -0.189 | ▼-0.268 | ▼-0.271 |
| Price To Book Ratio | 0.676 | ▼-0.151 | ▼-0.144 |
| Price To Sales Ratio | 2.338 | ▼-1.090 | ▼-3.499 |
| Price To Free Cash Flow Ratio | 1.759 | ▼-6.675 | ▼-1.471 |
| Price To Operating Cash Flow Ratio | 1.759 | ▼-6.675 | ▼-1.471 |
| Debt To Assets Ratio | 0.469 | ▼-0.037 | ▲0.061 |
| Debt To Equity Ratio | 0.928 | ▼-0.145 | ▲0.124 |
| Debt To Capital Ratio | 0.481 | ▼-0.036 | ▲0.064 |
| Long Term Debt To Capital Ratio | 0.481 | ▼-0.036 | ▲0.064 |
| Financial Leverage Ratio | 1.980 | ▼-0.140 | ▲0.125 |
| Working Capital Turnover Ratio | 26.155 | ▲2.771 | ▲14.300 |
| Operating Cash Flow Ratio | 8.788 | ▲2.267 | ▲1.099 |
| Operating Cash Flow Sales Ratio | 1.329 | ▲0.923 | ▲0.793 |
| Free Cash Flow Operating Cash Flow Ratio | 1.000 | 0.000 | 0.000 |
| Debt Service Coverage Ratio | 1.798 | ▲0.134 | ▼-1.785 |
| Interest Coverage Ratio | 1.798 | ▲0.134 | ▼-1.769 |
| Short Term Operating Cash Flow Coverage Ratio | 0.000 | 0.000 | 0.000 |
| Operating Cash Flow Coverage Ratio | 0.414 | ▲0.323 | ▲0.405 |
| Capital Expenditure Coverage Ratio | 0.000 | 0.000 | 0.000 |
| Dividend Paid And Capex Coverage Ratio | 3.621 | ▲2.899 | ▲2.938 |
| Dividend Payout Ratio | 1.511 | ▲0.562 | ▲0.290 |
| Enterprise Value Multiple | 9.899 | ▼-3.312 | ▼-7.889 |
Key metrics
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Market cap | $327.7M | $425.8M | $511.2M | $474.9M | $507.6M | |
| Enterprise value | $759.5M | $972.4M | $1.02B | $1.02B | $582.4M | |
| EV / Sales | 5.42x | 7.83x | 10.77x | 18.46x | 10.79x | |
| EV / Op. cash flow | 4.08x | 19.26x | 9.06x | 20.79x | -9.51x | |
| EV / Free cash flow | 4.08x | 19.26x | 9.06x | 20.79x | -9.51x | |
| EV / EBITDA | 9.90x | 13.21x | 21.50x | 31.57x | 12.77x | |
| Net debt / EBITDA | 5.63x | 7.42x | 10.71x | 16.84x | 1.64x | |
| Current ratio | 1.22x | 1.79x | 1.66x | 2.33x | 0.18x | |
| Income quality | 5.47x | 0.69x | 2.54x | 1.52x | -1.34x | |
| Graham number | $17 | $24 | $18 | $16 | $20 | |
| Graham net-net | -$12 | -$15 | -$13 | -$14 | -$3 | |
| Tax burden | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | |
| Interest burden | 44.4% | 100.0% | 100.0% | 100.0% | 100.0% | |
| Working capital | $4.6M | $6.1M | $4.5M | $8.3M | -$37.0M | |
| Invested capital | $4.6M | $6.1M | $4.5M | $8.3M | -$37.0M | |
| Return on assets | 3.5% | 6.7% | 4.1% | 2.8% | 6.2% | |
| Operating ROA | 7.5% | 6.8% | 4.0% | 3.4% | 6.6% | |
| Return on tangible assets | 3.5% | 6.7% | 4.1% | 2.8% | 6.2% | |
| Return on equity | 7.0% | 14.3% | 8.1% | 5.6% | 7.5% | |
| Return on invested capital | 8.2% | 6.8% | 4.1% | 2.8% | 6.6% | |
| Return on capital employed | 8.2% | 6.8% | 4.1% | 2.8% | 6.6% | |
| Earnings yield | 10.4% | 17.3% | 8.7% | 6.8% | 9.0% | |
| Free cash flow yield | 56.9% | 11.9% | 22.0% | 10.3% | -12.1% | |
| Capex / Op. cash flow | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | |
| Capex / Depreciation | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | |
| Capex / Sales | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | |
| SG&A / Sales | 1.6% | 4.8% | 6.7% | 10.6% | 7.8% | |
| R&D / Sales | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | |
| Stock comp / Sales | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | |
| Intangibles / Total assets | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | |
| Days sales outstanding | 20d | 24d | 32d | 58d | 16d | |
| Days payables outstanding | 82d | 74d | 64d | 165d | 3920d | |
| Operating cycle | 20d | 24d | 32d | 58d | 16d | |
| Cash conversion cycle | -62d | -50d | -32d | -107d | -3904d |
Change by theme
Grouped by what each metric measures. Each figure is the change over the period shown — ▲ up ▼ down versus then.
Change over 1 year
Valuation
Market cap ▼-23.0%EV / Sales ▼-30.8%EV / EBITDA ▼-25.1%EV / Op. cash flow ▼-15.182Earnings yield ▼-0.069Graham number ▼-7.158
Profitability
Return on equity ▼-0.073Return on assets ▼-0.032Return on invested capital ▲+0.014Return on capital employed ▲+0.014Operating ROA ▲+0.007Income quality ▲+4.786Tax burden 0.000
Efficiency
Days sales outstanding ▼-4.146Days payables outstanding ▲+7.980Operating cycle ▼-4.146Cash conversion cycle ▼-12.126Capex / Sales n/aR&D / Sales n/a
Balance-sheet strength
Current ratio ▼-0.579Net debt / EBITDA ▼-1.798Working capital ▼-1580000.000Invested capital ▼-1580000.000Intangibles / Total assets n/a
Change over 5 years
Valuation
Market cap ▼-35.4%EV / Sales ▼-49.8%EV / EBITDA ▼-22.5%EV / Op. cash flow ▲+13.584Earnings yield ▲+0.014Graham number ▼-3.313
Profitability
Return on equity ▼-0.005Return on assets ▼-0.026Return on invested capital ▲+0.016Return on capital employed ▲+0.016Operating ROA ▲+0.009Income quality ▲+6.815Tax burden 0.000
Efficiency
Days sales outstanding ▲+3.763Days payables outstanding ▼-3838.549Operating cycle ▲+3.763Cash conversion cycle ▲+3842.312Capex / Sales n/aR&D / Sales n/a
Balance-sheet strength
Current ratio ▲+1.037Net debt / EBITDA ▲+3.988Working capital ▲+41577232.000Invested capital ▲+41577232.000Intangibles / Total assets n/a
Employee count
Peer market caps
Congressional trades
STOCK Act disclosures (90-day window)
Amounts are STOCK Act brackets as disclosed. Quorum does not turn a bracket into an exact price or a midpoint.
No STOCK Act disclosures for this company in this window.
Recent news
- 2026-08-20 Double-Digit Yields Come With a Catch: How to Pick the Right Venture Lending BDC Venture lending is the higher-octane corner of private credit. Business development companies, or BDCs, in this niche extend senior secured loans to venture-backed and lower-middle market private companies, then pass the interest income through to shareholders as dividends.
- 2026-08-19 Runway Growth Finance After Q2: 45% Discount And 16% Adjusted ROE Runway Growth Finance trades at a 45% discount to NAV, offering a compelling entry point. RWAY''s discount-adjusted expected ROE is approximately 16%, outpacing both peers and its own baby bonds. The recent SWK Holdings acquisition increased portfolio size, profitability, and NII by $0.05 per share, but also raised leverage to 1.36x.
- 2026-08-07 Runway Growth Finance Corp. (RWAY) Q2 2026 Earnings Call Transcript Runway Growth Finance Corp. (RWAY) Q2 2026 Earnings Call Transcript
- 2026-08-07 Runway Growth Finance Q2 Earnings Call Highlights Runway Growth Finance NASDAQ: RWAY reported higher second-quarter net investment income as the business integrated assets acquired through its April purchase of SWK Holdings, while management emphasized portfolio diversification, disciplined underwriting and share repurchases amid a substantial discount to net asset value.
- 2026-08-07 Runway Growth Capital Appoints Michael Rovner as Co-Chief Executive Officer and Co-Chief Investment Officer Veteran investor brings more than 30 years of experience across growth lending, private credit, and technology to the firm''s leadership alongside founder David Spreng. MENLO PARK, Calif.
- 2026-08-06 Runway Growth Finance Corp. (RWAY) Beats Q2 Earnings and Revenue Estimates Runway Growth Finance Corp. (RWAY) came out with quarterly earnings of $0.43 per share, beating the Zacks Consensus Estimate of $0.29 per share. This compares to earnings of $0.38 per share a year ago.
- 2026-08-06 Compared to Estimates, Runway Growth Finance Corp. (RWAY) Q2 Earnings: A Look at Key Metrics Although the revenue and EPS for Runway Growth Finance Corp. (RWAY) give a sense of how its business performed in the quarter ended June 2026, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
- 2026-08-05 Runway Growth Finance Corp. Announces Third Quarter 2026 Dividend of $0.33 per Share MENLO PARK, Calif., Aug. 05, 2026 (GLOBE NEWSWIRE) -- Runway Growth Finance Corp. (Nasdaq: RWAY) (“Runway Growth” or the “Company”), a leading provider of flexible capital solutions to late- and growth-stage companies seeking an alternative to raising equity, today announced that its Board of Directors has declared a third quarter 2026 cash distribution of $0.33 per share.
- 2026-08-04 4 Dividend Stocks Yielding 10%+ Flashing Warning Signals A double-digit yield can look like a gift to a retirement portfolio, but the market usually prices in what management has not yet revealed.
- 2026-07-30 Analysts Estimate Runway Growth Finance Corp. (RWAY) to Report a Decline in Earnings: What to Look Out for Runway Growth Finance Corp. (RWAY) doesn''t possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.