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About

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.

Fundamentals
Scroll to Statements
Sector Financial Services Industry Asset Management Market Cap 14.43B
Enterprise Value 13.81B Income 78.83M Sales 2.87B
Book/sh 3.31 Cash/sh 0.29 Dividend Yield 9.51%
Payout 8.55% Employees 1365 IPO
P/E 92.50 Forward P/E 8.43 PEG
P/S 5.03 P/B 2.80 P/C
EV/EBITDA 11.17 EV/Sales 4.81 Quick Ratio 1.75
Current Ratio 1.79 Debt/Eq 63.80 LT Debt/Eq
EPS (ttm) 0.10 EPS next Y 1.10 EPS Growth 57.40%
Revenue Growth 19.70% Earnings 2026-04-30 ROA 4.55%
ROE 5.15% ROIC Gross Margin 58.89%
Oper. Margin 32.42% Profit Margin 2.75% Shs Outstand 665.57M
Shs Float 631.18M Short Float 14.48% Short Ratio 2.31
Short Interest 52W High 21.88 52W Low 9.23
Beta 1.17 Avg Volume 24.65M Volume 6.01M
Target Price $16.33 Recom Buy Prev Close $9.46
Price $9.25 Change -2.22%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$16.33
Mean price target
2. Current target
$9.25
Latest analyst target
3. DCF / Fair value
$36.61
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$9.25
Low
$10.00
High
$26.00
Mean
$16.33

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-03-04 main Oppenheimer Outperform → Outperform $17
2026-03-02 down Barclays Overweight → Equal-Weight $11
2026-02-24 down Deutsche Bank Buy → Hold $10
2026-02-20 main UBS Neutral → Neutral $12
2026-02-19 reit Raymond James Strong Buy → Strong Buy
2026-02-09 main Goldman Sachs Neutral → Neutral $14
2026-02-06 main Oppenheimer Outperform → Outperform $24
2026-02-06 main Piper Sandler Overweight → Overweight $15
2026-02-06 main Barclays Overweight → Overweight $15
2026-01-22 main Evercore ISI Group Outperform → Outperform $17
2026-01-14 main TD Cowen Buy → Buy $24
2026-01-13 main UBS Neutral → Neutral $17
2026-01-09 main Barclays Overweight → Overweight $18
2025-12-10 up Raymond James Market Perform → Strong Buy $20
2025-11-03 main JP Morgan Neutral → Neutral $20
2025-10-31 main Barclays Overweight → Overweight $19
2025-10-31 main Evercore ISI Group Outperform → Outperform $19
2025-10-29 main JP Morgan Neutral → Neutral $22
2025-10-14 main Oppenheimer Outperform → Outperform $24
2025-10-13 main Citigroup Buy → Buy $19
Insider Transactions
Date Shares Value Url Text Insider Position Transaction Start Date Ownership
0 145768 Stock Award(Grant) at price 0.00 per share. REDDY NEENA General Counsel 2025-12-09 00:00:00 D
1 192790 Stock Award(Grant) at price 0.00 per share. POLLAND ANDREW ROBERT Chief Operating Officer 2025-12-09 00:00:00 D
2 146617 Stock Award(Grant) at price 0.00 per share. BROUSE JENNIFER Director 2025-12-09 00:00:00 D/I
3 158000 2379469.0 Purchase at price 15.06 per share. LIPSCHULTZ MARC S Chief Executive Officer 2025-12-02 00:00:00 D/I
4 158000 2379469.0 Purchase at price 15.06 per share. OSTROVER DOUGLAS I. Chief Executive Officer 2025-12-02 00:00:00 I
5 125000 1882492.0 Purchase at price 15.06 per share. PACKER CRAIG W President 2025-12-02 00:00:00 I
6 33670 500808.0 Purchase at price 14.87 per share. KIRSHENBAUM ALAN Chief Financial Officer 2025-12-01 00:00:00 D
7 20000000 nan REES MICHAEL DOUGLASS President 2025-05-14 00:00:00 I
8 20000000 399600000.0 Sale at price 19.98 per share. REES MICHAEL DOUGLASS President 2025-05-14 00:00:00 I
9 10905 Stock Award(Grant) at price 0.00 per share. HOLZ CLAUDIA A Director 2025-05-08 00:00:00 D
Financials
Line Item2025-12-312024-12-312023-12-312022-12-31
TaxEffectOfUnusualItems-866.10K-3.81M-1.02M6.52M
TaxRateForCalcs0.120.100.100.19
NormalizedEBITDA901.17M902.62M642.49M235.16M
TotalUnusualItems-7.11M-36.59M-9.85M34.50M
TotalUnusualItemsExcludingGoodwill-7.11M-36.59M-9.85M34.50M
NetIncomeFromContinuingOperationNetMinorityInterest78.83M109.58M54.34M-9.29M
ReconciledDepreciation382.40M274.92M310.57M259.21M
ReconciledCostOfRevenue1.28B1.00B860.42M892.38M
EBITDA894.06M866.04M632.65M269.67M
EBIT511.67M591.12M322.08M10.45M
NetInterestIncome-118.57M-79.72M-53.52M-55.71M
InterestExpense163.75M121.89M75.70M60.07M
InterestIncome45.18M42.17M22.18M4.36M
NormalizedIncome85.07M142.37M63.17M-37.27M
NetIncomeFromContinuingAndDiscontinuedOperation78.83M109.58M54.34M-9.29M
TotalExpenses2.41B1.69B1.41B1.37B
DilutedAverageShares558.43M478.01M433.43M1.32B
BasicAverageShares549.01M463.23M433.43M354.95M
DilutedEPS0.200.10-0.02-1.34
BasicEPS0.200.12-0.02-1.27
DilutedNIAvailtoComStockholders68.34M109.58M49.76M-9.29M
AverageDilutionEarnings-10.50M0.00-4.58M0.00
NetIncomeCommonStockholders78.83M109.58M54.34M-9.29M
OtherunderPreferredStockDividend0.0074.26M
NetIncome78.83M109.58M54.34M-9.29M
MinorityInterests-226.65M-310.86M-166.43M30.95M
NetIncomeIncludingNoncontrollingInterests305.49M420.45M220.78M-40.23M
NetIncomeContinuousOperations305.49M420.45M220.78M-40.23M
TaxProvision42.42M48.78M25.61M-9.38M
PretaxIncome347.91M469.23M246.38M-49.62M
OtherIncomeExpense10.23M-57.81M-17.91M8.58M
OtherNonOperatingIncomeExpenses17.34M-21.22M-8.06M-25.92M
SpecialIncomeCharges0.000.00-17.64M
OtherSpecialCharges17.64M
GainOnSaleOfSecurity-7.11M-36.59M-9.85M34.50M
NetNonOperatingInterestIncomeExpense-118.57M-79.72M-53.52M-55.71M
InterestExpenseNonOperating163.75M121.89M75.70M60.07M
InterestIncomeNonOperating45.18M42.17M22.18M4.36M
OperatingIncome456.25M606.76M317.82M-2.48M
OperatingExpense1.11B671.19M543.15M477.52M
DepreciationAmortizationDepletionIncomeStatement358.95M258.26M300.34M256.91M
DepreciationAndAmortizationInIncomeStatement358.95M258.26M300.34M256.91M
Amortization358.95M258.26M300.34M256.91M
AmortizationOfIntangiblesIncomeStatement358.95M258.26M300.34M256.91M
SellingGeneralAndAdministration747.94M412.93M242.81M220.61M
GeneralAndAdministrativeExpense747.94M412.93M242.81M220.61M
OtherGandA747.94M412.93M242.81M220.61M
GrossProfit1.56B1.28B860.97M475.04M
CostOfRevenue1.31B1.02B870.64M894.69M
TotalRevenue2.87B2.30B1.73B1.37B
OperatingRevenue2.87B2.30B1.73B1.37B
Line Item2025-12-312024-12-312023-12-312022-12-31
OrdinarySharesNumber667.28M608.35M464.43M445.13M
ShareIssued667.28M608.35M464.43M445.13M
NetDebt3.13B2.44B1.58B1.56B
TotalDebt3.86B2.98B2.00B1.86B
TangibleBookValue-6.31B-5.47B-4.81B-5.01B
InvestedCapital5.53B4.72B3.21B3.23B
WorkingCapital-53.53M449.27M150.61M107.47M
NetTangibleAssets-6.31B-5.47B-4.81B-5.01B
CapitalLeaseObligations538.15M390.35M319.53M239.84M
CommonStockEquity2.21B2.13B1.53B1.60B
TotalCapitalization4.67B4.59B3.00B3.02B
TotalEquityGrossMinorityInterest6.05B5.81B5.28B5.55B
MinorityInterest3.85B3.68B3.75B3.94B
StockholdersEquity2.21B2.13B1.53B1.60B
GainsLossesNotAffectingRetainedEarnings1.89M0.00
OtherEquityAdjustments1.89M
RetainedEarnings-1.61B-1.14B-882.88M-689.35M
AdditionalPaidInCapital3.81B3.27B2.41B2.29B
CapitalStock155.00K150.00K141.00K140.00K
CommonStock155.00K150.00K141.00K140.00K
TotalLiabilitiesNetMinorityInterest6.41B5.19B3.54B3.34B
TotalNonCurrentLiabilitiesNetMinorityInterest5.39B4.89B3.20B3.01B
OtherNonCurrentLiabilities1.82B1.58B972.42M993.03M
DerivativeProductLiabilities0.0022.60M8.55M68.80M
EmployeeBenefits525.55M424.02M370.73M309.64M
NonCurrentDeferredLiabilities39.66M36.87M34.42M41.79M
NonCurrentDeferredTaxesLiabilities39.66M36.87M34.42M41.79M
LongTermDebtAndCapitalLeaseObligation3.00B2.85B1.80B1.65B
LongTermCapitalLeaseObligation538.15M390.35M319.53M239.84M
LongTermDebt2.46B2.46B1.48B1.41B
CurrentLiabilities1.02B295.95M343.75M336.56M
CurrentDebtAndCapitalLeaseObligation860.00M130.00M205.00M210.00M
CurrentDebt860.00M130.00M205.00M210.00M
LineOfCredit860.00M130.00M205.00M210.00M
PensionandOtherPostRetirementBenefitPlansCurrent155.61M
PayablesAndAccruedExpenses163.00M165.95M138.75M126.56M
TotalAssets12.47B10.99B8.82B8.89B
TotalNonCurrentAssets11.50B10.25B8.32B8.45B
OtherNonCurrentAssets366.93M400.12M446.58M468.39M
NonCurrentDeferredAssets1.46B1.25B781.69M757.23M
NonCurrentDeferredTaxesAssets1.41B1.25B781.69M757.23M
NonCurrentNoteReceivables58.84M54.19M214.17M254.15M
InvestmentsAndAdvances425.54M432.76M130.09M63.08M
OtherInvestments5.65M5.17M2.52M2.84M
InvestmentinFinancialAssets352.50M364.12M76.26M14.08M
HeldToMaturitySecurities0.001.31M
AvailableForSaleSecurities352.50M364.12M76.26M14.08M
LongTermEquityInvestment67.39M63.47M51.32M46.16M
InvestmentsInOtherVenturesUnderEquityMethod67.39M63.47M51.32M46.16M
GoodwillAndOtherIntangibleAssets8.51B7.60B6.33B6.61B
OtherIntangibleAssets2.89B2.90B2.11B2.41B
Goodwill5.62B4.70B4.22B4.21B
NetPPE675.14M512.84M416.56M295.60M
AccumulatedDepreciation-54.85M-31.59M-14.87M-4.64M
GrossPPE730.00M544.43M431.43M300.25M
Leases215.66M178.40M127.61M61.74M
OtherProperties325.09M281.67M224.41M86.03M
MachineryFurnitureEquipment58.13M40.94M22.15M14.09M
BuildingsAndImprovements456.20M325.09M281.67M224.41M
Properties0.000.000.000.00
CurrentAssets969.47M745.22M494.36M444.03M
PrepaidAssets33.46M17.77M7.21M6.10M
Receivables741.50M575.36M382.99M369.86M
DuefromRelatedPartiesCurrent694.06M548.73M367.14M357.92M
AccountsReceivable47.44M26.63M15.85M11.94M
CashCashEquivalentsAndShortTermInvestments194.51M152.09M104.16M68.08M
CashAndCashEquivalents194.51M152.09M104.16M68.08M
Line Item2025-12-312024-12-312023-12-312022-12-31
FreeCashFlow1.20B935.37M881.24M662.91M
RepurchaseOfCapitalStock-53.69M0.000.00-78.79M
RepaymentOfDebt-1.54B-1.25B-1.00B-323.00M
IssuanceOfDebt2.27B2.17B1.05B775.06M
CapitalExpenditure-57.75M-64.19M-67.91M-65.54M
InterestPaidSupplementalData155.39M101.19M71.59M47.73M
IncomeTaxPaidSupplementalData17.14M22.14M14.25M4.78M
EndCashPosition194.51M152.09M104.16M68.08M
BeginningCashPosition152.09M104.16M68.08M42.57M
ChangesInCash42.42M47.93M36.08M25.51M
FinancingCashFlow-943.04M-313.48M-795.03M-217.72M
CashFlowFromContinuingFinancingActivities-943.04M-313.48M-795.03M-217.72M
NetOtherFinancingCharges-1.07B-870.15M-601.95M-408.59M
ProceedsFromStockOptionExercised0.000.00151.00K0.00
CashDividendsPaid-546.66M-368.33M-247.88M-182.55M
CommonStockDividendPaid-546.66M-368.33M-247.88M-182.55M
NetCommonStockIssuance-53.69M0.000.00-78.79M
CommonStockPayments-53.69M0.000.00-78.79M
NetIssuancePaymentsOfDebt730.00M925.00M54.80M452.06M
NetLongTermDebtIssuance730.00M925.00M54.80M452.06M
LongTermDebtPayments-1.54B-1.25B-1.00B-323.00M
LongTermDebtIssuance2.27B2.17B1.05B775.06M
InvestingCashFlow-270.57M-638.14M-118.03M-485.22M
CashFlowFromContinuingInvestingActivities-270.57M-638.14M-118.03M-485.22M
NetInvestmentPurchaseAndSale31.76M-128.75M-23.86M-305.23M
SaleOfInvestment126.03M249.65M62.08M3.88M
PurchaseOfInvestment-94.27M-378.40M-85.94M-309.10M
NetBusinessPurchaseAndSale-244.58M-445.21M-26.27M-114.45M
PurchaseOfBusiness-244.58M-445.21M-26.27M-114.45M
NetPPEPurchaseAndSale-57.75M-64.19M-67.91M-65.54M
PurchaseOfPPE-57.75M-64.19M-67.91M-65.54M
OperatingCashFlow1.26B999.55M949.14M728.45M
CashFlowFromContinuingOperatingActivities1.26B999.55M949.14M728.45M
ChangeInWorkingCapital-103.68M-104.97M62.65M103.79M
ChangeInOtherWorkingCapital41.35M138.22M92.74M
ChangeInOtherCurrentAssets-49.09M29.45M25.37M35.60M
ChangeInPayablesAndAccruedExpense48.46M40.66M46.03M196.22M
ChangeInAccruedExpense45.66M30.57M41.35M138.22M
ChangeInPayable2.80M10.08M4.68M58.01M
ChangeInAccountPayable2.80M10.08M4.68M58.01M
ChangeInReceivables-103.05M-175.08M-8.75M-128.03M
OtherNonCashItems-42.22M25.90M26.88M31.86M
StockBasedCompensation673.52M312.61M312.56M420.83M
AmortizationOfSecurities0.006.00K1.69M
DeferredTax34.81M19.68M5.86M-12.51M
DeferredIncomeTax34.81M19.68M5.86M-12.51M
DepreciationAmortizationDepletion382.40M274.92M310.57M259.21M
DepreciationAndAmortization382.40M274.92M310.57M259.21M
AmortizationCashFlow358.95M258.26M300.34M256.91M
AmortizationOfIntangibles358.95M258.26M300.34M256.91M
Depreciation23.45M16.66M10.23M2.30M
OperatingGainsLosses5.71M50.98M9.85M-34.50M
GainLossOnInvestmentSecurities5.71M50.98M9.85M-34.50M
NetIncomeFromContinuingOperations305.49M420.45M220.78M-40.23M
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Public Trades for OWL
Date User Broker Pattern Type Position Size Entry Price Trade P&L Status