Blue Owl Capital Inc. (OWL)

Blue Owl Capital Inc. operates as an alternative asset manager in the United States. It offers permanent capital base solutions that enables it to offer holistic framework of capital solutions to middle market companies, large alternative asset managers, and corporate real estate owners and tenants. The company also provides private financing solutions, such as direct lending products comprising diversified, technology, first lien, and opportunistic lending to middle-market companies; alternative credit; investment grade credit; liquid credit; and other credit solutions. In addition, the company offers GP strategic capital products, which offers capital solutions, including GP minority stakes, GP debt financing, and professional sports minority stakes; and real estate products that focuses on acquiring triple net lease real estate by investment grade or creditworthy tenants, as well as real estate debt finance through net lease and real estate credit. It offers its solutions through permanent capital vehicles and long-dated private funds. Blue Owl Capital Inc. is headquartered in New York, New York.

Ticker
OWL
Exchange
NYSE
Sector
Financial Services
Industry
Asset Management
Market cap
$15.39B
52-week range
$7.95 - $17.00

Valuation

Share price
$9.82 (close of Nov 6, 2026)
P/E (TTM)
70.14x
Price to book
2.84x
Price to free cash flow
10.24x
Enterprise value
$19.33B
Book value per share
$3.45

Price performance

PeriodChange
1 day-0.71%
5 days-4.94%
1 month+8.27%
3 months-14.31%
6 months-6.83%
Year to date-34.27%
1 year-34.31%
3 years-24.69%
5 years-42.51%
All time-3.73%

Short interest

As of
Oct 15, 2026
Short % of float
17.69%
Shares short
107.59M
Days to cover
5.15
Change since prior report
+1.63%
Source
FINRA consolidated short interest

Profitability and growth

Return on equity
1.30%
Return on assets
0.63%
Net margin
2.75%
Revenue growth
25.04%
Net income growth
-28.06%
Free cash flow growth
28.11%

Cash flow and balance sheet

Free cash flow yield (TTM)
9.77%
Net debt to EBITDA
4.02x

Latest reported year

Period end
Dec 31, 2025
Fiscal year
2025
Revenue
$2.87B
Net income
$78.83M
Earnings per share
$0.12
Interest expense
$163.75M
Shares outstanding
654.79M

Income statement by year

Period endRevenueNet incomeEPS
2025-12-31$2.87B$78.83M$0.12
2024-12-31$2.30B$109.58M$0.20
2023-12-31$1.73B$54.34M$0.12
2022-12-31$1.37B-$9.29M-$0.02
2021-12-31$823.88M-$376.17M$0.00
2020-12-31$249.81M-$77.83M$0.00
2019-12-31$190.85M$22.96M$0.00
2018-12-31$121.25M$2.05M-

Margins and returns by year

Period endNet marginReturn on equity
2025-12-312.75%1.30%
2024-12-314.77%1.89%
2023-12-313.14%1.03%
2022-12-31-0.68%-0.17%
2021-12-31-45.66%-6.43%
2020-12-31-31.16%-
2019-12-3112.03%-
2018-12-311.69%-

Cash and debt by year

Period endCashDebt
2025-12-31$194.51M$3.32B
2024-12-31$152.09M$2.59B
2023-12-31$104.16M$1.68B
2022-12-31$68.08M$1.62B
2021-12-31$42.57M$1.17B
2020-12-31$11.63M$356.39M
2019-12-31$7.34M-

Free cash flow by year

Period endFree cash flowStock-based compensation
2025-12-31$1.20B$673.52M
2024-12-31$935.37M$312.61M
2023-12-31$881.24M$312.56M
2022-12-31$662.91M$420.83M
2021-12-31$276.40M$1.21B
2020-12-31$4.58M-
2019-12-31$42.89M-
2018-12-31$15.43M-

Dividend history

Most recent payment
Aug 13, 2026
Paid in the last twelve months
$0.91
Payment dateDividend per share
2026-08-13$0.23
2026-05-13$0.23
2026-02-20$0.23
2025-11-10$0.23
2025-08-14$0.23
2025-05-14$0.23
2025-02-19$0.18
2024-11-08$0.18

Investor relations

Past earnings dates

ReportedFiscal periodEPS estimate
2026-10-29Sep 2026$0.22
2026-07-30Jun 2026$0.22
2026-04-30Mar 2026$0.19
2026-02-05Dec 2025$0.22
2025-10-30Sep 2025$0.22
2025-07-31Jun 2025$0.21
2025-05-01Mar 2025$0.19
2025-02-06Dec 2024$0.21

Filings and sources

Company website
blueowl.com
SEC filings
10-K, 10-Q and 8-K on EDGAR
Earnings calendar
All upcoming reports

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Understanding these figures

Price-to-earnings ratio · Short interest · Discounted cash flow · Free cash flow · Earnings per share · Return on equity · Gross margin vs net margin · Reading a balance sheet · Debt and leverage · Dividend yield · Insider transactions and Form 4 · How to read a stock chart

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