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.

Symbol
OWL
Exchange
NYSE
Sector
Financial Services
Industry
Asset Management
Market cap
$6.80B
52 week range
7.95 - 18.99

Valuation

Share price
$9.60 (close of 2026-09-23)
P/E (TTM)
82.33x
Price to book
1.21x
Price to free cash flow
5.14x
Enterprise value
$10.98B
Book value per share
$8.15

Price performance

PeriodChange
1 day-4.19%
5 days-6.25%
1 month-17.74%
3 months+7.74%
6 months+5.61%
Year to date-35.74%
1 year-48.50%
3 years-24.05%
5 years-38.66%
All time-5.88%

Profitability and growth

Return on equity
1.30%
Return on assets
0.63%
Net margin
2.75%
EBITDA margin
5.04%
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)
19.46%
Net debt to EBITDA
4.44x

Latest reported year

Period end
2025-12-31
Fiscal year
2025
Revenue
$2.87B
EBITDA
$144.70M
Net income
$78.83M
Earnings per share
$0.12
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

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%15.53%
2019-12-3112.03%-6.55%

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

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-

Dividend history

Most recent payment
2026-08-13
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

Next earnings report

Next confirmed report
2026-10-29
Consensus EPS estimate
$0.23

Past earnings dates

ReportedFiscal periodEPS estimate
2026-07-30Jun/2026$0.22
2026-04-30--
2026-02-05--
2025-10-30--
2025-07-31--
2025-05-01--
2025-02-06--
2024-10-31--

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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Price-to-earnings ratio · 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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