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Blue Owl Capital (OWL) Financials

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$17.22 +0.21 (+1.23%)
As of 03:59 PM Eastern
Annual Income Statements for Blue Owl Capital

Annual Income Statements for Blue Owl Capital

This table shows Blue Owl Capital's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2019 2020 2021 2022 2023 2024
Net Income / (Loss) Attributable to Common Shareholders
23 -78 -376 -9.29 54 110
Consolidated Net Income / (Loss)
20 -82 -1,802 -40 221 420
Net Income / (Loss) Continuing Operations
20 -82 -1,802 -40 221 420
Total Pre-Tax Income
21 -83 -1,867 -50 246 469
Total Operating Income
27 -59 -927 -2.48 318 607
Total Gross Profit
79 9.08 -673 475 861 1,278
Total Revenue
191 250 824 1,370 1,732 2,295
Operating Revenue
191 250 824 1,370 1,732 2,295
Total Cost of Revenue
112 241 1,497 895 871 1,017
Operating Cost of Revenue
112 241 1,497 895 871 1,017
Total Operating Expenses
52 68 254 478 543 671
Selling, General & Admin Expense
52 68 140 221 243 413
Amortization Expense
0.00 0.00 114 257 300 258
Total Other Income / (Expense), net
-6.66 -24 -940 -47 -71 -138
Interest Expense
6.66 24 45 60 76 122
Interest & Investment Income
- 0.00 -3.14 4.23 26 44
Other Income / (Expense), net
0.00 0.00 -892 8.71 -22 -60
Income Tax Expense
0.24 -0.10 -65 -9.38 26 49
Net Income / (Loss) Attributable to Noncontrolling Interest
-2.49 -4.61 -1,426 -31 166 311
Basic Earnings per Share
$0.00 $0.00 $0.00 ($0.02) $0.12 $0.20
Weighted Average Basic Shares Outstanding
0.00 0.00 0.00 433.43M 463.23M 549.01M
Diluted Earnings per Share
$0.00 $0.00 $0.00 ($0.02) $0.10 $0.20
Weighted Average Diluted Shares Outstanding
0.00 0.00 0.00 433.43M 478.01M 558.43M
Weighted Average Basic & Diluted Shares Outstanding
- - 1.40B 1.41B 1.43B 1.54B
Cash Dividends to Common per Share
$0.00 $0.00 $0.13 $0.43 $0.55 $0.68

Quarterly Income Statements for Blue Owl Capital

This table shows Blue Owl Capital's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
Net Income / (Loss) Attributable to Common Shareholders
2.06 1.59 8.32 13 15 18 25 34 30 21
Consolidated Net Income / (Loss)
-10 1.76 42 34 64 81 112 138 99 71
Net Income / (Loss) Continuing Operations
-10 1.76 42 34 64 81 112 138 99 71
Total Pre-Tax Income
-14 -4.13 48 39 74 84 127 156 112 74
Total Operating Income
2.43 28 66 41 93 117 156 173 140 139
Total Gross Profit
136 148 193 209 216 243 289 323 330 337
Total Revenue
371 396 391 417 430 494 513 550 601 631
Operating Revenue
371 396 391 417 430 494 513 550 601 631
Total Cost of Revenue
235 248 198 208 214 251 225 227 271 294
Operating Cost of Revenue
235 248 198 208 214 251 225 227 271 294
Total Operating Expenses
134 120 127 167 122 127 133 150 190 198
Selling, General & Admin Expense
68 55 56 51 65 70 77 93 121 121
Amortization Expense
66 65 71 116 57 57 56 57 69 77
Total Other Income / (Expense), net
-17 -32 -18 -1.82 -19 -32 -29 -16 -28 -65
Interest Expense
15 17 18 19 20 18 22 33 34 33
Interest & Investment Income
-0.59 4.94 5.40 8.64 4.46 7.88 7.93 16 16 3.59
Other Income / (Expense), net
-0.91 -20 -4.91 8.72 -4.09 -22 -14 0.00 -9.51 -36
Income Tax Expense
-4.09 -5.89 6.44 5.40 11 3.11 15 18 13 3.02
Net Income / (Loss) Attributable to Noncontrolling Interest
-12 0.16 34 21 48 63 87 104 70 50
Basic Earnings per Share
$0.00 $0.01 $0.02 $0.03 $0.03 $0.04 $0.05 $0.06 $0.05 $0.04
Weighted Average Basic Shares Outstanding
441.49M 433.43M 456.19M 459.40M 466.38M 463.23M 488.44M 530.10M 575.25M 549.01M
Diluted Earnings per Share
$0.00 $0.01 $0.02 $0.02 $0.03 $0.03 $0.04 $0.06 $0.04 $0.06
Weighted Average Diluted Shares Outstanding
1.41B 433.43M 461.91M 1.43B 482.57M 478.01M 498.74M 539.39M 1.49B 558.43M
Weighted Average Basic & Diluted Shares Outstanding
1.39B 1.41B 1.41B 1.41B 1.41B 1.43B 1.43B 1.46B 1.49B 1.54B

Annual Cash Flow Statements for Blue Owl Capital

This table details how cash moves in and out of Blue Owl Capital's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2019 2020 2021 2022 2023 2024
Net Change in Cash & Equivalents
-0.12 4.29 31 26 36 48
Net Cash From Operating Activities
44 5.23 282 728 949 1,000
Net Cash From Continuing Operating Activities
44 5.23 282 728 949 1,000
Net Income / (Loss) Continuing Operations
20 -82 -1,802 -40 221 420
Consolidated Net Income / (Loss)
20 -82 -1,802 -40 221 420
Depreciation Expense
0.83 0.67 0.67 2.30 10 17
Amortization Expense
0.23 0.79 117 261 305 265
Non-Cash Adjustments To Reconcile Net Income
0.00 0.00 1,272 437 379 354
Changes in Operating Assets and Liabilities, net
23 86 694 68 34 -57
Net Cash From Investing Activities
-1.17 -0.65 -1,599 -485 -118 -638
Net Cash From Continuing Investing Activities
-1.17 -0.65 -1,599 -485 -118 -638
Purchase of Property, Plant & Equipment
-1.17 -0.65 -5.26 -66 -68 -64
Acquisitions
0.00 0.00 -1,579 -114 -26 -445
Purchase of Investments
0.00 -30 -329 -309 -86 -378
Sale and/or Maturity of Investments
0.00 30 314 3.88 62 250
Net Cash From Financing Activities
-43 -0.30 1,348 -218 -795 -313
Net Cash From Continuing Financing Activities
-43 -0.30 1,348 -218 -795 -313
Repayment of Debt
-88 -172 -596 -331 -1,006 -1,270
Repurchase of Common Equity
0.00 0.00 -126 -79 0.00 -0.27
Payment of Dividends
-320 -78 -583 -608 -794 -1,104
Issuance of Debt
345 241 1,390 775 1,055 2,170
Issuance of Common Equity
0.00 9.26 16 27 48 38
Other Financing Activities, net
20 0.00 1,247 -2.27 -98 -147
Cash Interest Paid
2.70 23 25 48 72 101
Cash Income Taxes Paid
0.36 0.14 4.35 4.78 14 22

Quarterly Cash Flow Statements for Blue Owl Capital

This table details how cash moves in and out of Blue Owl Capital's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
Net Change in Cash & Equivalents
-9.20 29 -30 3.41 35 27 52 281 -321 36
Net Cash From Operating Activities
207 276 121 238 282 308 47 302 326 324
Net Cash From Continuing Operating Activities
207 276 121 238 282 308 47 302 326 324
Net Income / (Loss) Continuing Operations
-10 1.76 42 34 64 81 112 138 99 71
Consolidated Net Income / (Loss)
-10 1.76 42 34 64 81 112 138 99 71
Depreciation Expense
0.24 1.61 1.92 2.58 2.90 2.82 2.81 3.96 4.94 4.95
Amortization Expense
67 66 72 117 58 58 58 59 71 79
Non-Cash Adjustments To Reconcile Net Income
123 130 82 83 95 119 97 49 87 122
Changes in Operating Assets and Liabilities, net
26 77 -77 1.82 62 47 -222 53 64 48
Net Cash From Investing Activities
-171 -139 -34 -23 -37 -24 -15 -135 -442 -46
Net Cash From Continuing Investing Activities
-171 -139 -34 -23 -37 -24 -15 -135 -442 -46
Purchase of Property, Plant & Equipment
-14 -24 -5.67 -10 -19 -34 -6.14 -33 -11 -14
Acquisitions
- - - - -26 -0.02 - - -407 -9.80
Purchase of Investments
-158 -116 -38 -12 -18 -18 -13 -274 -23 -68
Sale and/or Maturity of Investments
0.85 0.85 9.00 -0.36 26 28 3.75 200 0.08 46
Net Cash From Financing Activities
-45 -108 -117 -212 -209 -257 20 113 -205 -242
Net Cash From Continuing Financing Activities
-45 -108 -117 -212 -209 -257 20 113 -205 -242
Repayment of Debt
-76 -94 -215 -266 -225 -301 -330 -845 -5.08 -90
Repurchase of Common Equity
-9.73 -45 - - - - - - - -0.03
Payment of Dividends
-155 -170 -187 -200 -203 -204 -270 -268 -280 -285
Issuance of Debt
188 192 355 250 215 235 720 1,230 90 130
Issuance of Common Equity
8.16 8.64 8.93 13 10 17 15 7.65 7.45 8.27
Other Financing Activities, net
-0.44 -0.52 -78 -8.67 -6.38 -4.26 -115 -11 -17 -3.96
Cash Interest Paid
9.29 20 11 24 12 24 11 29 9.89 52
Cash Income Taxes Paid
2.74 0.16 1.83 7.42 4.63 0.37 5.08 8.33 4.87 3.87

Annual Balance Sheets for Blue Owl Capital

This table presents Blue Owl Capital's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2020 2021 2022 2023 2024
Total Assets
122 8,266 8,893 8,818 10,992
Total Current Assets
12 43 426 471 701
Cash & Equivalents
12 43 68 104 152
Accounts Receivable
- - 358 367 549
Plant, Property, & Equipment, net
0.00 0.00 0.00 0.00 0.00
Total Noncurrent Assets
110 8,224 8,467 8,346 10,292
Long-Term Investments
- 12 317 344 487
Goodwill
0.00 4,132 4,205 4,224 4,699
Intangible Assets
0.00 2,611 2,405 2,110 2,903
Noncurrent Deferred & Refundable Income Taxes
0.80 636 757 782 1,245
Other Noncurrent Operating Assets
109 832 782 886 957
Total Liabilities & Shareholders' Equity
122 8,266 8,893 8,818 10,992
Total Liabilities
623 2,419 3,344 3,540 5,186
Total Current Liabilities
58 68 127 139 166
Accounts Payable
58 68 127 139 166
Total Noncurrent Liabilities
564 2,350 3,218 3,401 5,020
Long-Term Debt
356 1,174 1,625 1,681 2,588
Noncurrent Deferred & Payable Income Tax Liabilities
0.00 49 42 34 37
Noncurrent Employee Benefit Liabilities
208 156 310 371 424
Other Noncurrent Operating Liabilities
0.00 972 1,241 1,315 1,971
Commitments & Contingencies
0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests
-501 5,848 5,549 5,278 5,806
Total Preferred & Common Equity
0.00 1,664 1,605 1,528 2,128
Total Common Equity
0.00 1,664 1,605 1,528 2,128
Common Stock
0.00 2,161 2,294 2,411 3,269
Retained Earnings
0.00 -498 -689 -883 -1,142
Noncontrolling Interest
-501 4,184 3,944 3,750 3,678

Quarterly Balance Sheets for Blue Owl Capital

This table presents Blue Owl Capital's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q1 2023 Q2 2023 Q3 2023 Q1 2024 Q2 2024 Q3 2024
Total Assets
8,792 8,763 8,752 8,771 8,985 9,661 10,752
Total Current Assets
40 38 377 423 540 873 641
Cash & Equivalents
40 38 41 77 156 437 116
Accounts Receivable
- - 336 346 384 436 526
Plant, Property, & Equipment, net
0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Noncurrent Assets
8,753 8,725 8,374 8,348 8,446 8,788 10,110
Long-Term Investments
201 347 362 353 358 431 456
Goodwill
4,205 4,205 4,205 4,225 4,224 4,298 4,704
Intangible Assets
2,470 2,335 2,219 2,168 2,054 2,105 2,974
Noncurrent Deferred & Refundable Income Taxes
733 746 760 765 930 1,047 1,042
Other Noncurrent Operating Assets
1,143 1,093 829 837 880 906 933
Total Liabilities & Shareholders' Equity
8,792 8,763 8,752 8,771 8,985 9,661 10,752
Total Liabilities
3,157 3,294 3,380 3,453 3,814 4,442 4,873
Total Current Liabilities
147 156 134 136 152 150 207
Accounts Payable
147 156 134 136 152 150 207
Total Noncurrent Liabilities
3,010 3,137 3,247 3,317 3,662 4,292 4,666
Long-Term Debt
1,526 1,766 1,755 1,746 2,072 2,459 2,548
Noncurrent Deferred & Payable Income Tax Liabilities
41 40 36 36 33 34 41
Noncurrent Employee Benefit Liabilities
246 145 217 290 157 224 340
Other Noncurrent Operating Liabilities
1,197 1,187 1,238 1,245 1,400 1,576 1,737
Commitments & Contingencies
0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests
5,635 5,469 5,372 5,318 5,172 5,218 5,879
Total Preferred & Common Equity
1,655 1,590 1,571 1,542 1,646 1,747 2,004
Total Common Equity
1,655 1,590 1,571 1,542 1,646 1,747 2,004
Common Stock
2,293 2,329 2,360 2,379 2,569 2,730 3,058
Retained Earnings
-638 -739 -789 -837 -923 -983 -1,054
Noncontrolling Interest
3,980 3,880 3,800 3,776 3,525 3,471 3,875

Annual Metrics and Ratios for Blue Owl Capital

This table displays calculated financial ratios and metrics derived from Blue Owl Capital's official financial filings.

Metric 2019 2020 2021 2022 2023 2024
Growth Metrics
- - - - - -
Revenue Growth
0.00% 30.90% 229.80% 66.25% 26.42% 32.56%
EBITDA Growth
0.00% -301.50% -2,870.17% 115.86% 126.54% 35.68%
EBIT Growth
0.00% -314.59% -2,997.45% 100.34% 4,647.93% 85.06%
NOPAT Growth
0.00% -251.98% -1,478.94% 99.73% 16,484.77% 90.91%
Net Income Growth
0.00% -502.84% -2,086.13% 97.77% 648.72% 90.44%
EPS Growth
0.00% 0.00% 0.00% 0.00% 600.00% 100.00%
Operating Cash Flow Growth
0.00% -88.12% 5,281.31% 158.63% 30.30% 5.31%
Free Cash Flow Firm Growth
0.00% 0.00% -6,841.35% 102.28% 217.84% -224.66%
Invested Capital Growth
0.00% 0.00% 4,554.48% -2.56% -4.09% 19.12%
Revenue Q/Q Growth
0.00% 0.00% 0.00% 8.47% 6.03% 6.36%
EBITDA Q/Q Growth
0.00% 0.00% 0.00% 21.52% 15.15% 3.85%
EBIT Q/Q Growth
0.00% 0.00% 0.00% 127.41% 41.57% 1.52%
NOPAT Q/Q Growth
0.00% 0.00% 0.00% -106.95% 38.95% 3.54%
Net Income Q/Q Growth
0.00% 0.00% 0.00% 27.38% 56.20% -2.35%
EPS Q/Q Growth
0.00% 0.00% 0.00% -115.38% 25.00% 17.65%
Operating Cash Flow Q/Q Growth
0.00% 0.00% 87.58% 20.07% 3.52% 1.59%
Free Cash Flow Firm Q/Q Growth
0.00% 0.00% 0.00% 0.00% 14.59% -0.88%
Invested Capital Q/Q Growth
0.00% 0.00% 0.00% -1.90% -1.86% -1.26%
Profitability Metrics
- - - - - -
Gross Margin
41.43% 3.64% -81.70% 34.68% 49.72% 55.67%
EBITDA Margin
14.89% -22.92% -206.45% 19.70% 35.30% 36.13%
Operating Margin
14.34% -23.51% -112.55% -0.18% 18.35% 26.43%
EBIT Margin
14.34% -23.51% -220.79% 0.45% 17.08% 23.84%
Profit (Net Income) Margin
10.72% -33.00% -218.75% -2.94% 12.75% 18.32%
Tax Burden Percent
98.84% 99.88% 96.51% 81.09% 89.61% 89.60%
Interest Burden Percent
75.66% 140.55% 102.66% -796.64% 83.32% 85.74%
Effective Tax Rate
1.16% 0.00% 0.00% 0.00% 10.39% 10.40%
Return on Invested Capital (ROIC)
0.00% 0.00% -19.06% -0.03% 4.28% 7.62%
ROIC Less NNEP Spread (ROIC-NNEP)
0.00% 0.00% -176.58% -3.29% -0.90% -0.12%
Return on Net Nonoperating Assets (RNNOA)
0.00% 0.00% -48.36% -0.68% -0.20% -0.04%
Return on Equity (ROE)
0.00% 16.45% -67.42% -0.71% 4.08% 7.59%
Cash Return on Invested Capital (CROIC)
0.00% 0.00% -111.56% 2.57% 8.46% -9.83%
Operating Return on Assets (OROA)
0.00% -48.30% -43.37% 0.07% 3.34% 5.52%
Return on Assets (ROA)
0.00% -67.80% -42.97% -0.47% 2.49% 4.24%
Return on Common Equity (ROCE)
0.00% 0.00% -20.98% -0.20% 1.18% 2.50%
Return on Equity Simple (ROE_SIMPLE)
0.00% 0.00% -108.34% -2.51% 14.45% 19.76%
Net Operating Profit after Tax (NOPAT)
27 -41 -649 -1.74 285 544
NOPAT Margin
14.17% -16.46% -78.78% -0.13% 16.45% 23.69%
Net Nonoperating Expense Percent (NNEP)
0.00% 23.98% 157.52% 3.26% 5.18% 7.74%
Return On Investment Capital (ROIC_SIMPLE)
- - - -0.02% 4.09% 6.48%
Cost of Revenue to Revenue
58.57% 96.36% 181.70% 65.32% 50.28% 44.33%
SG&A Expenses to Revenue
27.09% 27.14% 17.03% 16.11% 14.02% 17.99%
R&D to Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue
27.09% 27.14% 30.85% 34.86% 31.37% 29.24%
Earnings before Interest and Taxes (EBIT)
27 -59 -1,819 6.23 296 547
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
28 -57 -1,701 270 611 829
Valuation Ratios
- - - - - -
Price to Book Value (P/BV)
0.00 0.00 11.23 8.42 13.16 16.21
Price to Tangible Book Value (P/TBV)
0.00 0.00 0.00 0.00 0.00 0.00
Price to Revenue (P/Rev)
1.31 1.42 22.67 9.86 11.61 15.02
Price to Earnings (P/E)
10.89 0.00 0.00 0.00 370.01 314.65
Dividend Yield
0.00% 0.00% 1.25% 4.44% 3.85% 3.55%
Earnings Yield
9.18% 0.00% 0.00% 0.00% 0.27% 0.32%
Enterprise Value to Invested Capital (EV/IC)
0.00 0.00 3.44 2.75 3.85 5.17
Enterprise Value to Revenue (EV/Rev)
0.00 0.80 29.11 13.65 14.49 17.47
Enterprise Value to EBITDA (EV/EBITDA)
0.00 0.00 0.00 69.27 41.05 48.36
Enterprise Value to EBIT (EV/EBIT)
0.00 0.00 0.00 3,001.08 84.85 73.29
Enterprise Value to NOPAT (EV/NOPAT)
0.00 0.00 0.00 0.00 88.10 73.77
Enterprise Value to Operating Cash Flow (EV/OCF)
0.00 38.05 85.15 25.66 26.43 40.13
Enterprise Value to Free Cash Flow (EV/FCFF)
0.00 1.73 0.00 105.63 44.61 0.00
Leverage & Solvency
- - - - - -
Debt to Equity
0.00 -0.71 0.20 0.29 0.32 0.45
Long-Term Debt to Equity
0.00 -0.71 0.20 0.29 0.32 0.45
Financial Leverage
0.00 -0.69 0.27 0.21 0.23 0.29
Leverage Ratio
0.00 -0.24 1.57 1.51 1.64 1.79
Compound Leverage Factor
0.00 -0.34 1.61 -12.00 1.36 1.53
Debt to Total Capital
0.00% -246.17% 16.72% 22.65% 24.16% 30.84%
Short-Term Debt to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital
0.00% -246.17% 16.72% 22.65% 24.16% 30.84%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
0.00% 346.17% 59.59% 54.98% 53.88% 43.82%
Common Equity to Total Capital
0.00% 0.00% 23.69% 22.37% 21.96% 25.35%
Debt to EBITDA
0.00 -6.22 -0.69 6.02 2.75 3.12
Net Debt to EBITDA
0.00 -6.02 -0.66 4.59 2.02 2.35
Long-Term Debt to EBITDA
0.00 -6.22 -0.69 6.02 2.75 3.12
Debt to NOPAT
0.00 -8.67 -1.81 -934.80 5.90 4.76
Net Debt to NOPAT
0.00 -8.39 -1.72 -713.11 4.33 3.59
Long-Term Debt to NOPAT
0.00 -8.67 -1.81 -934.80 5.90 4.76
Altman Z-Score
0.00 0.34 3.92 2.51 3.62 4.28
Noncontrolling Interest Sharing Ratio
0.00% 100.00% 68.88% 71.32% 71.06% 67.02%
Liquidity Ratios
- - - - - -
Current Ratio
0.00 0.20 0.62 3.37 3.40 4.22
Quick Ratio
0.00 0.20 0.62 3.37 3.40 4.22
Cash Flow Metrics
- - - - - -
Free Cash Flow to Firm (FCFF)
0.00 115 -7,773 177 562 -701
Operating Cash Flow to CapEx
3,756.52% 802.76% 5,353.70% 1,111.47% 1,397.75% 1,557.25%
Free Cash Flow to Firm to Interest Expense
0.00 4.84 -171.59 2.95 7.43 -5.75
Operating Cash Flow to Interest Expense
6.61 0.22 6.22 12.13 12.54 8.20
Operating Cash Flow Less CapEx to Interest Expense
6.44 0.19 6.10 11.04 11.64 7.67
Efficiency Ratios
- - - - - -
Asset Turnover
0.00 2.05 0.20 0.16 0.20 0.23
Accounts Receivable Turnover
0.00 0.00 0.00 0.00 4.78 5.01
Inventory Turnover
0.00 0.00 0.00 0.00 0.00 0.00
Fixed Asset Turnover
0.00 0.00 0.00 0.00 0.00 0.00
Accounts Payable Turnover
0.00 4.12 23.62 9.18 6.56 6.68
Days Sales Outstanding (DSO)
0.00 0.00 0.00 0.00 76.42 72.82
Days Inventory Outstanding (DIO)
0.00 0.00 0.00 0.00 0.00 0.00
Days Payable Outstanding (DPO)
0.00 88.57 15.45 39.76 55.61 54.65
Cash Conversion Cycle (CCC)
0.00 -88.57 -15.45 -39.76 20.80 18.16
Capital & Investment Metrics
- - - - - -
Invested Capital
0.00 -156 6,967 6,788 6,511 7,755
Invested Capital Turnover
0.00 -3.19 0.24 0.20 0.26 0.32
Increase / (Decrease) in Invested Capital
0.00 -156 7,123 -179 -278 1,245
Enterprise Value (EV)
0.00 199 23,983 18,691 25,090 40,108
Market Capitalization
250 356 18,679 13,507 20,108 34,480
Book Value per Share
$0.00 $0.00 $1.21 $1.15 $1.08 $1.42
Tangible Book Value per Share
$0.00 $0.00 ($3.70) ($3.59) ($3.41) ($3.67)
Total Capital
0.00 -145 7,022 7,174 6,959 8,395
Total Debt
0.00 356 1,174 1,625 1,681 2,588
Total Long-Term Debt
0.00 356 1,174 1,625 1,681 2,588
Net Debt
0.00 345 1,119 1,239 1,233 1,949
Capital Expenditures (CapEx)
1.17 0.65 5.26 66 68 64
Debt-free, Cash-free Net Working Capital (DFCFNWC)
0.00 -58 -68 231 228 383
Debt-free Net Working Capital (DFNWC)
0.00 -47 -26 299 333 535
Net Working Capital (NWC)
0.00 -47 -26 299 333 535
Net Nonoperating Expense (NNE)
6.58 41 1,153 38 64 123
Net Nonoperating Obligations (NNO)
0.00 345 1,119 1,239 1,233 1,949
Total Depreciation and Amortization (D&A)
1.05 1.46 118 264 316 282
Debt-free, Cash-free Net Working Capital to Revenue
0.00% -23.38% -8.29% 16.89% 13.19% 16.68%
Debt-free Net Working Capital to Revenue
0.00% -18.73% -3.13% 21.86% 19.20% 23.30%
Net Working Capital to Revenue
0.00% -18.73% -3.13% 21.86% 19.20% 23.30%
Earnings Adjustments
- - - - - -
Adjusted Basic Earnings per Share
$0.00 $0.00 $0.00 ($0.02) $0.12 $0.20
Adjusted Weighted Average Basic Shares Outstanding
0.00 0.00 0.00 433.43M 463.23M 549.01M
Adjusted Diluted Earnings per Share
$0.00 $0.00 $0.00 ($0.02) $0.10 $0.20
Adjusted Weighted Average Diluted Shares Outstanding
0.00 0.00 0.00 433.43M 478.01M 558.43M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
0.00 0.00 1.40B 1.41B 1.43B 1.54B
Normalized Net Operating Profit after Tax (NOPAT)
27 -41 -649 -1.74 285 544
Normalized NOPAT Margin
14.17% -16.46% -78.78% -0.13% 16.45% 23.69%
Pre Tax Income Margin
10.85% -33.04% -226.67% -3.62% 14.23% 20.44%
Debt Service Ratios
- - - - - -
EBIT to Interest Expense
4.11 -2.47 -40.16 0.10 3.91 4.49
NOPAT to Interest Expense
4.06 -1.73 -14.33 -0.03 3.76 4.46
EBIT Less CapEx to Interest Expense
3.93 -2.49 -40.27 -0.99 3.01 3.96
NOPAT Less CapEx to Interest Expense
3.88 -1.75 -14.45 -1.12 2.87 3.93
Payout Ratios
- - - - - -
Dividend Payout Ratio
1,564.88% -94.68% -32.32% -1,510.41% 359.70% 262.52%
Augmented Payout Ratio
1,564.88% -94.68% -39.33% -1,706.23% 359.70% 262.58%

Quarterly Metrics and Ratios for Blue Owl Capital

This table displays calculated financial ratios and metrics derived from Blue Owl Capital's official financial filings.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
Growth Metrics
- - - - - - - - - -
Revenue Growth
49.67% 37.08% 41.67% 27.41% 15.81% 24.91% 31.29% 31.88% 39.85% 27.80%
EBITDA Growth
134.08% 172.52% 184.10% 117.46% 118.84% 106.59% 48.98% 38.59% 36.95% 19.74%
EBIT Growth
100.61% 138.77% 506.18% 325.75% 5,756.88% 1,073.48% 130.06% 245.26% 45.74% 8.61%
NOPAT Growth
-96.81% -57.74% 461.49% 601.34% 4,597.77% 474.40% 138.97% 328.18% 54.69% 18.44%
Net Income Growth
95.84% 113.08% 283.43% 475.46% 734.60% 4,526.32% 166.48% 305.58% 56.39% -12.49%
EPS Growth
100.00% -93.75% 166.67% 0.00% 0.00% 200.00% 100.00% 200.00% 33.33% 100.00%
Operating Cash Flow Growth
89.73% 78.92% 29.83% 56.34% 36.15% 11.70% -60.96% 26.97% 15.72% 5.08%
Free Cash Flow Firm Growth
78.98% 0.00% 102.65% 114.99% 130.69% 96.74% 44.37% -81.61% -399.62% -384.99%
Invested Capital Growth
20.85% -2.56% -1.74% -4.66% -4.13% -4.09% -1.76% 1.27% 18.39% 19.12%
Revenue Q/Q Growth
13.37% 6.61% -1.14% 6.64% 3.05% 14.99% 3.91% 7.11% 9.28% 5.07%
EBITDA Q/Q Growth
-11.91% 9.84% 79.35% 25.31% -11.35% 3.69% 29.35% 16.56% -12.40% -9.34%
EBIT Q/Q Growth
-87.00% 430.01% 659.58% -18.65% 78.83% 6.19% 48.92% 22.09% -24.51% -20.87%
NOPAT Q/Q Growth
123.99% 1,048.89% 193.89% -38.11% 124.79% 40.48% 22.27% 10.90% -18.79% 7.56%
Net Income Q/Q Growth
-10.39% 117.54% 2,295.10% -19.02% 86.58% 27.84% 37.96% 23.25% -28.05% -28.46%
EPS Q/Q Growth
0.00% 0.00% 100.00% 0.00% 50.00% 0.00% 33.33% 50.00% -33.33% 50.00%
Operating Cash Flow Q/Q Growth
35.86% 33.42% -56.16% 96.75% 18.32% 9.46% -84.68% 539.82% 7.84% -0.61%
Free Cash Flow Firm Q/Q Growth
50.89% 116.63% -9.95% 103.81% 0.54% 6.61% -33.92% -74.04% -1,738.29% -1.40%
Invested Capital Q/Q Growth
-1.86% -1.90% 0.91% -1.86% -1.32% -1.86% 3.37% 1.17% 15.36% -1.26%
Profitability Metrics
- - - - - - - - - -
Gross Margin
36.72% 37.31% 49.46% 50.05% 50.20% 49.24% 56.21% 58.70% 54.88% 53.36%
EBITDA Margin
18.52% 19.08% 34.62% 40.68% 35.00% 31.56% 39.29% 42.75% 34.27% 29.57%
Operating Margin
0.66% 7.07% 16.97% 9.90% 21.75% 23.63% 30.31% 31.38% 23.26% 21.99%
EBIT Margin
0.41% 2.04% 15.71% 11.99% 20.80% 19.21% 27.53% 31.38% 21.68% 16.33%
Profit (Net Income) Margin
-2.70% 0.44% 10.75% 8.16% 14.78% 16.43% 21.82% 25.11% 16.53% 11.25%
Tax Burden Percent
71.01% -42.46% 86.71% 86.30% 85.64% 96.31% 88.35% 88.35% 88.59% 95.93%
Interest Burden Percent
-923.53% -51.10% 78.90% 78.92% 82.98% 88.83% 89.70% 90.55% 86.07% 71.86%
Effective Tax Rate
0.00% 0.00% 13.29% 13.70% 14.36% 3.69% 11.65% 11.65% 11.41% 4.07%
Return on Invested Capital (ROIC)
0.09% 0.99% 3.16% 1.95% 4.49% 5.93% 7.31% 8.14% 6.14% 6.79%
ROIC Less NNEP Spread (ROIC-NNEP)
-1.19% -0.53% 1.97% 1.84% 3.22% 3.40% 5.58% 7.16% 4.65% 2.88%
Return on Net Nonoperating Assets (RNNOA)
-0.20% -0.11% 0.46% 0.45% 0.76% 0.78% 1.54% 1.99% 1.37% 0.83%
Return on Equity (ROE)
-0.11% 0.88% 3.62% 2.40% 5.25% 6.70% 8.85% 10.13% 7.51% 7.62%
Cash Return on Invested Capital (CROIC)
0.00% 2.57% 2.91% 6.72% 7.24% 8.46% 7.14% 5.85% -9.59% -9.83%
Operating Return on Assets (OROA)
0.06% 0.33% 2.72% 2.20% 3.87% 3.76% 5.75% 6.77% 4.79% 3.78%
Return on Assets (ROA)
-0.42% 0.07% 1.86% 1.50% 2.75% 3.21% 4.56% 5.42% 3.65% 2.61%
Return on Common Equity (ROCE)
-0.03% 0.25% 1.03% 0.69% 1.53% 1.94% 2.69% 3.18% 2.38% 2.51%
Return on Equity Simple (ROE_SIMPLE)
-3.35% 0.00% 1.55% 4.32% 9.17% 0.00% 17.66% 22.60% 21.49% 0.00%
Net Operating Profit after Tax (NOPAT)
1.70 20 58 36 80 112 137 152 124 133
NOPAT Margin
0.46% 4.95% 14.71% 8.54% 18.63% 22.76% 26.78% 27.73% 20.61% 21.09%
Net Nonoperating Expense Percent (NNEP)
1.28% 1.51% 1.19% 0.12% 1.27% 2.53% 1.73% 0.98% 1.49% 3.90%
Return On Investment Capital (ROIC_SIMPLE)
- 0.27% - - - 1.62% - - - 1.59%
Cost of Revenue to Revenue
63.28% 62.69% 50.54% 49.96% 49.80% 50.76% 43.79% 41.30% 45.12% 46.64%
SG&A Expenses to Revenue
18.32% 13.89% 14.36% 12.35% 15.24% 14.11% 14.95% 17.00% 20.19% 19.23%
R&D to Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue
36.07% 30.24% 32.49% 40.15% 28.44% 25.61% 25.90% 27.32% 31.62% 31.37%
Earnings before Interest and Taxes (EBIT)
1.53 8.09 61 50 89 95 141 173 130 103
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
69 75 135 170 150 156 202 235 206 187
Valuation Ratios
- - - - - - - - - -
Price to Book Value (P/BV)
7.36 8.42 9.37 10.02 11.39 13.16 16.14 14.52 14.14 16.21
Price to Tangible Book Value (P/TBV)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Price to Revenue (P/Rev)
9.64 9.86 10.04 10.00 10.75 11.61 14.33 12.76 13.13 15.02
Price to Earnings (P/E)
0.00 0.00 9,590.32 1,012.88 614.14 370.01 211.80 173.06 175.72 314.65
Dividend Yield
4.59% 4.44% 4.34% 4.47% 4.25% 3.85% 2.97% 3.38% 3.31% 3.55%
Earnings Yield
0.00% 0.00% 0.01% 0.10% 0.16% 0.27% 0.47% 0.58% 0.57% 0.32%
Enterprise Value to Invested Capital (EV/IC)
2.52 2.75 2.94 3.11 3.41 3.85 4.70 4.47 4.35 5.17
Enterprise Value to Revenue (EV/Rev)
13.81 13.65 13.58 13.27 13.87 14.49 17.07 15.31 15.84 17.47
Enterprise Value to EBITDA (EV/EBITDA)
78.56 69.27 56.40 46.51 42.67 41.05 46.72 40.95 42.81 48.36
Enterprise Value to EBIT (EV/EBIT)
0.00 3,001.08 243.56 172.61 108.44 84.85 84.28 61.07 63.41 73.29
Enterprise Value to NOPAT (EV/NOPAT)
697.41 0.00 252.62 155.56 110.51 88.10 86.84 63.20 65.10 73.77
Enterprise Value to Operating Cash Flow (EV/OCF)
28.75 25.66 26.66 24.81 24.70 26.43 36.16 32.38 34.74 40.13
Enterprise Value to Free Cash Flow (EV/FCFF)
0.00 105.63 100.41 45.16 46.15 44.61 65.30 76.86 0.00 0.00
Leverage & Solvency
- - - - - - - - - -
Debt to Equity
0.27 0.29 0.32 0.33 0.33 0.32 0.40 0.47 0.43 0.45
Long-Term Debt to Equity
0.27 0.29 0.32 0.33 0.33 0.32 0.40 0.47 0.43 0.45
Financial Leverage
0.17 0.21 0.23 0.25 0.24 0.23 0.28 0.28 0.29 0.29
Leverage Ratio
1.50 1.51 1.53 1.55 1.60 1.64 1.67 1.74 1.74 1.79
Compound Leverage Factor
-13.87 -0.77 1.20 1.23 1.33 1.45 1.50 1.57 1.50 1.28
Debt to Total Capital
21.31% 22.65% 24.40% 24.63% 24.72% 24.16% 28.61% 32.03% 30.23% 30.84%
Short-Term Debt to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital
21.31% 22.65% 24.40% 24.63% 24.72% 24.16% 28.61% 32.03% 30.23% 30.84%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
55.58% 54.98% 53.62% 53.32% 53.46% 53.88% 48.67% 45.22% 45.99% 43.82%
Common Equity to Total Capital
23.11% 22.37% 21.97% 22.05% 21.83% 21.96% 22.72% 22.76% 23.78% 25.35%
Debt to EBITDA
6.87 6.02 4.94 3.91 3.29 2.75 3.06 3.31 3.19 3.12
Net Debt to EBITDA
5.79 4.59 3.86 3.01 2.48 2.02 2.30 2.14 2.47 2.35
Long-Term Debt to EBITDA
6.87 6.02 4.94 3.91 3.29 2.75 3.06 3.31 3.19 3.12
Debt to NOPAT
61.01 -934.80 22.12 13.07 8.52 5.90 5.68 5.11 4.85 4.76
Net Debt to NOPAT
51.38 -713.11 17.30 10.07 6.42 4.33 4.28 3.30 3.76 3.59
Long-Term Debt to NOPAT
61.01 -934.80 22.12 13.07 8.52 5.90 5.68 5.11 4.85 4.76
Altman Z-Score
2.34 2.51 2.77 2.90 3.18 3.55 4.35 3.64 3.64 4.14
Noncontrolling Interest Sharing Ratio
71.62% 71.32% 71.41% 71.12% 70.82% 71.06% 69.59% 68.66% 68.34% 67.02%
Liquidity Ratios
- - - - - - - - - -
Current Ratio
0.27 3.37 0.24 2.82 3.10 3.40 3.56 5.81 3.09 4.22
Quick Ratio
0.27 3.37 0.24 2.82 3.10 3.40 3.56 5.81 3.09 4.22
Cash Flow Metrics
- - - - - - - - - -
Free Cash Flow to Firm (FCFF)
-1,192 198 179 364 366 390 258 67 -1,096 -1,112
Operating Cash Flow to CapEx
1,499.70% 1,154.84% 2,133.45% 2,338.52% 1,521.15% 919.54% 769.37% 919.08% 2,901.09% 2,328.06%
Free Cash Flow to Firm to Interest Expense
-79.34 11.56 9.72 18.98 18.60 21.10 11.46 2.05 -32.14 -34.10
Operating Cash Flow to Interest Expense
13.77 16.09 6.59 12.42 14.32 16.68 2.10 9.24 9.56 9.94
Operating Cash Flow Less CapEx to Interest Expense
12.85 14.70 6.28 11.89 13.38 14.86 1.83 8.23 9.23 9.51
Efficiency Ratios
- - - - - - - - - -
Asset Turnover
0.16 0.16 0.17 0.18 0.19 0.20 0.21 0.22 0.22 0.23
Accounts Receivable Turnover
0.00 0.00 0.00 0.00 0.00 4.78 0.00 5.15 4.95 5.01
Inventory Turnover
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Fixed Asset Turnover
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Accounts Payable Turnover
6.81 9.18 7.42 7.93 6.12 6.56 5.83 6.46 5.67 6.68
Days Sales Outstanding (DSO)
0.00 0.00 0.00 0.00 0.00 76.42 0.00 70.92 73.72 72.82
Days Inventory Outstanding (DIO)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Days Payable Outstanding (DPO)
53.62 39.76 49.22 46.04 59.63 55.61 62.59 56.53 64.40 54.65
Cash Conversion Cycle (CCC)
-53.62 -39.76 -49.22 -46.04 -59.63 20.80 -62.59 14.39 9.32 18.16
Capital & Investment Metrics
- - - - - - - - - -
Invested Capital
6,920 6,788 6,850 6,723 6,634 6,511 6,730 6,809 7,854 7,755
Invested Capital Turnover
0.20 0.20 0.21 0.23 0.24 0.26 0.27 0.29 0.30 0.32
Increase / (Decrease) in Invested Capital
1,194 -179 -121 -328 -286 -278 -120 86 1,220 1,245
Enterprise Value (EV)
17,443 18,691 20,164 20,891 22,650 25,090 31,656 30,423 34,184 40,108
Market Capitalization
12,178 13,507 14,903 15,739 17,557 20,108 26,572 25,361 28,333 34,480
Book Value per Share
$1.18 $1.15 $1.13 $1.12 $1.10 $1.08 $3.37 $1.22 $1.37 $1.42
Tangible Book Value per Share
($3.59) ($3.59) ($3.52) ($3.45) ($3.45) ($3.41) ($9.48) ($3.26) ($3.88) ($3.67)
Total Capital
7,161 7,174 7,235 7,126 7,064 6,959 7,244 7,677 8,426 8,395
Total Debt
1,526 1,625 1,766 1,755 1,746 1,681 2,072 2,459 2,548 2,588
Total Long-Term Debt
1,526 1,625 1,766 1,755 1,746 1,681 2,072 2,459 2,548 2,588
Net Debt
1,285 1,239 1,381 1,352 1,316 1,233 1,559 1,591 1,975 1,949
Capital Expenditures (CapEx)
14 24 5.67 10 19 34 6.14 33 11 14
Debt-free, Cash-free Net Working Capital (DFCFNWC)
-147 231 -156 202 210 228 232 286 318 383
Debt-free Net Working Capital (DFNWC)
-108 299 -118 244 287 333 388 723 434 535
Net Working Capital (NWC)
-108 299 -118 244 287 333 388 723 434 535
Net Nonoperating Expense (NNE)
12 18 15 1.57 17 31 25 14 24 62
Net Nonoperating Obligations (NNO)
1,285 1,239 1,381 1,352 1,316 1,233 1,559 1,591 1,975 1,949
Total Depreciation and Amortization (D&A)
67 67 74 120 61 61 60 63 76 84
Debt-free, Cash-free Net Working Capital to Revenue
-11.66% 16.89% -10.53% 12.86% 12.85% 13.19% 12.54% 14.38% 14.75% 16.68%
Debt-free Net Working Capital to Revenue
-8.53% 21.86% -7.98% 15.48% 17.55% 19.20% 20.94% 36.36% 20.12% 23.30%
Net Working Capital to Revenue
-8.53% 21.86% -7.98% 15.48% 17.55% 19.20% 20.94% 36.36% 20.12% 23.30%
Earnings Adjustments
- - - - - - - - - -
Adjusted Basic Earnings per Share
$0.00 $0.01 $0.02 $0.03 $0.03 $0.04 $0.05 $0.06 $0.05 $0.04
Adjusted Weighted Average Basic Shares Outstanding
441.49M 433.43M 456.19M 459.40M 466.38M 463.23M 488.44M 530.10M 575.25M 549.01M
Adjusted Diluted Earnings per Share
$0.00 $0.01 $0.02 $0.02 $0.03 $0.03 $0.04 $0.06 $0.04 $0.06
Adjusted Weighted Average Diluted Shares Outstanding
1.41B 433.43M 461.91M 1.43B 482.57M 478.01M 498.74M 539.39M 1.49B 558.43M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
1.39B 1.41B 1.41B 1.41B 1.41B 1.43B 1.43B 1.46B 1.49B 1.54B
Normalized Net Operating Profit after Tax (NOPAT)
1.70 20 58 36 80 112 137 152 124 133
Normalized NOPAT Margin
0.46% 4.95% 14.71% 8.54% 18.63% 22.76% 26.78% 27.73% 20.61% 21.09%
Pre Tax Income Margin
-3.80% -1.05% 12.40% 9.46% 17.26% 17.06% 24.70% 28.42% 18.66% 11.73%
Debt Service Ratios
- - - - - - - - - -
EBIT to Interest Expense
0.10 0.47 3.35 2.61 4.54 5.13 6.29 5.27 3.82 3.16
NOPAT to Interest Expense
0.11 1.14 3.13 1.86 4.07 6.08 6.11 4.66 3.63 4.09
EBIT Less CapEx to Interest Expense
-0.82 -0.92 3.04 2.08 3.60 3.32 6.01 4.27 3.49 2.74
NOPAT Less CapEx to Interest Expense
-0.80 -0.25 2.82 1.33 3.13 4.27 5.84 3.65 3.30 3.66
Payout Ratios
- - - - - - - - - -
Dividend Payout Ratio
-1,543.80% -1,510.41% 2,643.94% 1,050.35% 537.65% 359.70% 301.43% 239.30% 237.37% 262.52%
Augmented Payout Ratio
-1,604.90% -1,706.23% 2,643.94% 1,050.35% 569.36% 359.70% 301.43% 239.30% 237.43% 262.58%

Frequently Asked Questions About Blue Owl Capital's Financials

When does Blue Owl Capital's financial year end?

According to the most recent income statement we have on file, Blue Owl Capital's fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has Blue Owl Capital's net income changed over the last 5 years?

Blue Owl Capital's net income appears to be on a downward trend, with a most recent value of $420.45 million in 2024, rising from $20.47 million in 2019. The previous period was $220.78 million in 2023.

What is Blue Owl Capital's operating income?
Blue Owl Capital's total operating income in 2024 was $606.76 million, based on the following breakdown:
  • Total Gross Profit: $1.28 billion
  • Total Operating Expenses: $671.19 million
How has Blue Owl Capital revenue changed over the last 5 years?

Over the last 5 years, Blue Owl Capital's total revenue changed from $190.85 million in 2019 to $2.30 billion in 2024, a change of 1,102.7%.

How much debt does Blue Owl Capital have?

Blue Owl Capital's total liabilities were at $5.19 billion at the end of 2024, a 46.5% increase from 2023, and a 732.8% increase since 2020.

How much cash does Blue Owl Capital have?

In the past 4 years, Blue Owl Capital's cash and equivalents has ranged from $11.63 million in 2020 to $152.09 million in 2024, and is currently $152.09 million as of their latest financial filing in 2024.

How has Blue Owl Capital's book value per share changed over the last 5 years?

Over the last 5 years, Blue Owl Capital's book value per share changed from 0.00 in 2019 to 1.42 in 2024, a change of 142.5%.

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This page (NYSE:OWL) was last updated on 4/14/2025 by MarketBeat.com Staff
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