NYSE : OBDC
Blue Owl Capital Corporation — Financial statements
Financials · Asset Management · United States
Last price 10.39 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 5.12B
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Financial statements
Blue Owl Capital Corporation (OBDC) reported revenue of 1.70B USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Other Revenue | 1.70B | 1.85B | 1.60B | 1.58B | 1.20B | 1.02B |
| Revenue | 1.70B | 1.85B | 1.60B | 1.58B | 1.20B | 1.02B |
| Gross Profit | 1.70B | 1.85B | 1.60B | 1.58B | 1.20B | 1.02B |
| Selling, General & Admin | 419.16M | 443.19M | 379.14M | 379.42M | 331.94M | 308.12M |
| Operating Expenses | 419.16M | 443.19M | 379.14M | 379.42M | 331.94M | 308.12M |
| Operating Income | 1.28B | 1.41B | 1.22B | 1.20B | 870.07M | 713.28M |
| Interest Expense | -552.95M | -595.75M | -464.92M | -436.31M | -307.54M | -219.13M |
| Currency Exchange Gain (Loss) | 7.05M | 10.51M | -10.55M | 4.57M | -3.14M | -2.70M |
| EBT Excluding Unusual Items | 733.87M | 822.87M | 742.15M | 770.94M | 559.38M | 491.45M |
| Gain (Loss) on Sale of Investments | -436.12M | -183.46M | -135.53M | 35.13M | -87.22M | 137.44M |
| Pretax Income | 297.75M | 639.41M | 606.63M | 806.07M | 472.17M | 628.89M |
| Income Tax Expense | 9.13M | 12.00M | 11.65M | 12.76M | 5.81M | 4.01M |
| Net Income | 288.63M | 627.41M | 594.98M | 793.31M | 466.36M | 624.88M |
| Net Income to Common | 288.63M | 627.41M | 594.98M | 793.31M | 466.36M | 624.88M |
| Shares Outstanding (Basic) | 503.17M | 506.10M | 390.07M | 390.10M | 394.01M | 392.30M |
| Shares Outstanding (Diluted) | 503.17M | 506.10M | 390.07M | 390.10M | 394.01M | 392.30M |
| EPS (Basic) | 0.57 | 1.24 | 1.53 | 2.03 | 1.18 | 1.59 |
| EPS (Diluted) | 0.57 | 1.24 | 1.53 | 2.03 | 1.18 | 1.59 |
| Dividend Per Share | 1.42 | 1.48 | 1.48 | 1.34 | 1.26 | 1.24 |
| Gross Margin | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% |
| Operating Margin | 75.33% | 76.06% | 76.26% | 76.02% | 72.39% | 69.83% |
| Profit Margin | 16.99% | 33.89% | 37.26% | 50.14% | 38.80% | 61.18% |
| EBIT | 1.28B | 1.41B | 1.22B | 1.20B | 870.07M | 713.28M |
| EBIT Margin | 75.33% | 76.06% | 76.26% | 76.02% | 72.39% | 69.83% |
| Effective Tax Rate | 3.07% | 1.88% | 1.92% | 1.58% | 1.23% | 0.64% |
| Revenue as Reported | 1.70B | 1.85B | 1.60B | 1.58B | 1.20B | 1.02B |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 217.65M | 521.09M | 431.77M | 572.59M | 348.67M | 425.66M |
| Cash & Short-Term Investments | 217.65M | 521.09M | 431.77M | 572.59M | 348.67M | 425.66M |
| Accounts Receivable | 91.33M | 104.58M | 105.88M | 112.26M | 108.08M | 81.72M |
| Other Receivables | 33.01M | 26.85M | 16.97M | 22.98M | 17.71M | 3.95M |
| Receivables | 124.34M | 131.42M | 122.85M | 135.24M | 125.79M | 85.67M |
| Prepaid Expenses | 37.16M | 15.51M | 34.01M | 3.15M | 3.63M | 23.72M |
| Restricted Cash | 20.40M | 47.45M | 82.39M | 87.07M | 96.42M | 21.48M |
| Total Current Assets | 399.56M | 715.47M | 671.02M | 798.05M | 574.51M | 556.53M |
| Long-Term Investments | 14.96B | 16.47B | 13.19B | 12.71B | 13.01B | 616.78M |
| Other Long-Term Assets | 12.12B | |||||
| Total Assets | 15.35B | 17.19B | 13.87B | 13.51B | 13.58B | 13.30B |
| Accrued Expenses | 257.98M | 291.56M | 304.56M | 272.67M | 284.84M | 153.10M |
| Current Portion of Long-Term Debt | 1.81B | 1.50B | 923.53M | |||
| Other Current Liabilities | 152.87M | 184.88M | 144.38M | 136.41M | 129.52M | 122.07M |
| Total Current Liabilities | 2.22B | 1.97B | 1.37B | 409.08M | 414.36M | 275.17M |
| Long-Term Debt | 6.09B | 7.80B | 6.53B | 7.08B | 7.28B | 7.08B |
| Other Long-Term Liabilities | 8.46M | 12.57M | 6.08M | 3.83M | 6.35M | 5.80M |
| Total Liabilities | 8.32B | 9.79B | 7.91B | 7.49B | 7.70B | 7.36B |
| Common Stock | 4.93M | 4.99M | 3.90M | 3.90M | 3.92M | 3.94M |
| Additional Paid-In Capital | 7.44B | 7.51B | 5.92B | 5.92B | 5.97B | 5.99B |
| Retained Earnings | -415.17M | -119.95M | 29.40M | 93.49M | -92.20M | -56.42M |
| Shareholders' Equity | 7.03B | 7.40B | 5.95B | 6.02B | 5.88B | 5.94B |
| Total Liabilities & Equity | 15.35B | 17.19B | 13.87B | 13.51B | 13.58B | 13.30B |
| Total Debt | 7.90B | 9.30B | 7.46B | 7.08B | 7.28B | 7.08B |
| Net Cash (Debt) | -7.69B | -8.78B | -7.03B | -6.50B | -6.93B | -6.65B |
| Net Cash Per Share | -15.27 | -17.35 | -18.01 | -16.67 | -17.60 | -16.96 |
| Filing Date Shares Outstanding | 493.14M | 499.45M | 510.85M | 389.73M | 390.95M | 394.58M |
| Total Common Shares Outstanding | 493.14M | 499.45M | 390.22M | 389.73M | 392.48M | 393.77M |
| Working Capital | -1.83B | -1.26B | -701.45M | 388.97M | 160.15M | 281.37M |
| Book Value Per Share | 14.26 | 14.81 | 15.26 | 15.45 | 14.99 | 15.08 |
| Tangible Book Value | 7.03B | 7.40B | 5.95B | 6.02B | 5.88B | 5.94B |
| Tangible Book Value Per Share | 14.26 | 14.81 | 15.26 | 15.45 | 14.99 | 15.08 |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 288.63M | 627.41M | 594.98M | 793.31M | 466.36M | 624.88M |
| Other Amortization | 45.58M | 40.19M | 30.66M | 26.85M | 30.08M | 25.82M |
| Loss (Gain) From Sale of Investments | 341.42M | 113.98M | 47.64M | -66.41M | -43.23M | -237.58M |
| Other Operating Activities | 1.54B | 947.06M | -546.22M | 405.51M | -348.18M | -1.68B |
| Change in Accounts Receivable | 21.41M | 46.02M | 13.54M | -4.17M | -26.37M | -18.29M |
| Change in Accounts Payable | -802.00K | |||||
| Change in Other Net Operating Assets | -27.65M | -33.13M | 19.62M | -19.48M | 138.62M | 58.97M |
| Operating Cash Flow | 2.21B | 1.74B | 160.22M | 1.14B | 217.27M | -1.23B |
| Long-Term Debt Issued | 5.18B | 4.18B | 1.75B | 2.53B | 5.52B | |
| Total Debt Issued | 5.51B | 5.18B | 4.18B | 1.75B | 2.53B | 5.52B |
| Long-Term Debt Repaid | -5.95B | -3.80B | -2.01B | -2.22B | -3.70B | |
| Total Debt Repaid | -6.83B | -5.95B | -3.80B | -2.01B | -2.22B | -3.70B |
| Net Debt Issued (Repaid) | -1.32B | -768.62M | 383.37M | -260.91M | 310.54M | 1.82B |
| Issuance of Common Stock | 3.07M | |||||
| Repurchase of Common Stock | -218.50M | -148.20M | -34.06M | -25.96M | -2.60M | |
| Common Dividends Paid | -756.98M | -752.52M | -655.56M | -613.37M | -488.42M | -432.92M |
| Other Financing Activities | -32.95M | -20.86M | -33.53M | -12.69M | -15.48M | -44.88M |
| Financing Cash Flow | -2.33B | -1.69B | -305.72M | -921.04M | -219.33M | 1.32B |
| Net Cash Flow | -122.14M | 54.39M | -145.50M | 214.57M | -2.06M | 89.23M |
| Levered Free Cash Flow | 482.51M | 620.29M | 527.17M | 500.94M | 425.87M | 333.50M |
| Unlevered Free Cash Flow | 782.52M | 952.44M | 787.08M | 746.78M | 588.01M | 444.73M |
| Cash Interest Paid | 518.43M | 570.92M | 418.70M | 396.73M | 234.19M | 166.53M |
| Cash Income Tax Paid | 14.18M | 9.15M | 6.14M | 3.45M | 3.91M | 4.96M |
| Change in Working Capital | -7.05M | 12.88M | 33.16M | -23.65M | 112.25M | 40.68M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 5.12B | 6.35B | 5.90B | 5.75B | 4.55B | 5.57B |
| Enterprise Value | 12.81B | 15.61B | 13.21B | 12.48B | 11.38B | 11.72B |
| Last Close Price | 10.39 | 11.32 | 12.29 | 10.71 | 7.47 | 8.25 |
| PE Ratio | 18.11 | 10.12 | 9.92 | 7.25 | 9.75 | 8.91 |
| Forward PE | 7.96 | 8.65 | 8.74 | 7.75 | 6.98 | 10.75 |
| PS Ratio | 3.02 | 3.43 | 3.69 | 3.64 | 3.78 | 5.45 |
| PB Ratio | 0.73 | 0.86 | 0.99 | 0.95 | 0.77 | 0.94 |
| P/TBV Ratio | 0.73 | 0.86 | 0.99 | 0.95 | 0.77 | 0.94 |
| P/OCF Ratio | 2.32 | 3.65 | 36.83 | 5.07 | 20.94 | |
| EV/Sales Ratio | 7.54 | 8.43 | 8.28 | 7.89 | 9.47 | 11.48 |
| EV/EBIT Ratio | 10.01 | 11.08 | 10.85 | 10.38 | 13.08 | 16.43 |
| Debt / Equity Ratio | 1.12 | 1.26 | 1.25 | 1.18 | 1.24 | 1.19 |
| Net Debt / Equity Ratio | 1.09 | 1.19 | 1.18 | 1.08 | 1.18 | 1.12 |
| Asset Turnover | 0.10 | 0.12 | 0.12 | 0.12 | 0.09 | 0.08 |
| Quick Ratio | 0.15 | 0.33 | 0.40 | 1.73 | 1.15 | 1.86 |
| Current Ratio | 0.18 | 0.36 | 0.49 | 1.95 | 1.39 | 2.02 |
| Return on Equity (ROE) | 3.92% | 9.40% | 9.94% | 13.33% | 7.89% | 10.70% |
| Return on Assets (ROA) | 4.88% | 5.67% | 5.56% | 5.55% | 4.05% | 3.62% |
| Return on Invested Capital (ROIC) | 8.30% | 9.48% | 9.37% | 9.34% | 6.77% | 6.09% |
| Return on Capital Employed (ROCE) | 9.70% | 9.30% | 9.70% | 9.20% | 6.60% | 5.50% |
| Earnings Yield | 5.52% | 9.88% | 10.08% | 13.79% | 10.25% | 11.22% |
| Dividend Yield | 12.13% | 11.64% | 9.79% | 9.08% | 10.87% | 8.77% |
| Payout Ratio | 240.58% | 119.94% | 110.18% | 77.32% | 104.73% | 69.28% |
| Buyback Yield / Dilution | -12.67% | -29.75% | 0.01% | 0.99% | -0.44% | -0.94% |
| Total Shareholder Return | -0.54% | -18.11% | 9.80% | 10.07% | 10.44% | 7.83% |