Price as of close on Nov 3, 2026 · Financials updated Sep 30, 2026
Basics
Sector
Financial Services
Industry
Asset Management
Country
United States
Market cap
5.2B USD
Enterprise value
12.7B USD
Overall health
Drawback:growing more slowly than most peersgrowing more slowly than peers
Drawback:higher risk than most peers: less short-term liquidity (current ratio 0.18 vs a peer median of 2.02)higher risk: less liquidity (current ratio 0.18 vs peers 2.02)
About average: profitability
Ranks #159 of 232 financial services companies (bottom 32%)
Shareholders being diluted. Shares outstanding up 26% from December 2022 to July 2026.
Blue Owl Capital had 26% more shares at July 2026 than at December 2022, mostly from issuing stock (for pay, acquisitions or fundraising). Each existing share now owns a smaller slice of the business.Blue Owl Capital had 26% more shares at July 2026 than at December 2022, mostly from issuing stock. Each existing share now owns a smaller slice of the business.
Valuation signals disagree. Cheaper than 90% of peers on free cash flow, but only 48% on earnings.
Relative to its free cash flow, Blue Owl Capital looks cheaper than 90% of peers; relative to its earnings, cheaper than only 48%. The valuation score blends the two, so look at which measure fits this business best.
Cash flow well above reported profit. Free cash flow is 7.6× reported profit.
Free cash flow is 7.6× reported profit. Large non-cash charges, such as depreciation, amortization or stock-based pay, reduce reported profit without using cash.
Since last quarter: No major changeValuation also moves with the share price every day.
Why it changed since the Oct 27, 2026 close: Score 86 → 85
Peer companies moved-1
Each step re-scores the company against its peers as they were on Oct 28, 2026; the parts add up to the change. Price effects on EBITDA yield are approximate.
Revenue and earnings-per-share growth over one year, and revenue growth over three years.
Earnings per share growth-55.4%
SEC filings · 12 months to Jun 2026Reported value33% base weight · Z-score -2.36Sector median: 0.0999 · MAD: 0.2773
3-year revenue growth9.8%
Yahoo Finance fallback · SEC figure unavailable or out of date · 3 fiscal years to Dec 2025Reported value33% base weight · Z-score -0.02Sector median: 0.0999 · MAD: 0.0858
Revenue growth6.6%
Yahoo Finance fallback · SEC figure unavailable or out of date · fiscal year to Dec 2025Reported value33% base weight · Z-score -0.06Sector median: 0.0742 · MAD: 0.1477
Why it changed since the Oct 27, 2026 close: Score 45 → 46
Peer companies moved+1
Each step re-scores the company against its peers as they were on Oct 28, 2026; the parts add up to the change. Price effects on EBITDA yield are approximate.
Why it changed since the Oct 27, 2026 close: Safety percentile 27 → 28
Peer companies moved+1
Each step re-scores the company against its peers as they were on Oct 28, 2026; the parts add up to the change. Price effects on EBITDA yield are approximate.
Valuation, growth and profitability scores: higher is better. Risk: 0 is lower, 2 is higher. Risk is a relative proxy, not a bankruptcy probability. Scores depend on available sector peers.
Questions investors ask about Blue Owl Capital
Is Blue Owl Capital getting weaker?
Its latest SEC filing (Aug 5, 2026) showed no major changes. Its overall score is unchanged at 45/100 since Oct 28, 2026.
How is Blue Owl Capital valued vs its peers?
Priced lower than most peers relative to what it earns. Valuation scores 85/100 against 432 financial services peers.Free cash flow yield 42.3% vs a peer median of 6.1% (stronger than 90% of peers).Free cash flow yield 42.3% vs peers 6.1% (stronger than 90% of peers).
Is Blue Owl Capital growing?
More slowly than most of its peers. Growth scores 23/100 against 432 financial services peers.Earnings per share growth -55.4% vs a peer median of 10.0% (weaker than 94% of peers).Earnings per share growth -55.4% vs peers 10.0% (weaker than 94% of peers).
How profitable is Blue Owl Capital?
About as profitable as its peers. Profitability scores 46/100 against 432 financial services peers.Return on assets 1.9% vs a peer median of 2.6% (weaker than 63% of peers).Return on assets 1.9% vs peers 2.6% (weaker than 63% of peers).
How risky is Blue Owl Capital?
Higher risk relative to 432 financial services peers, judged on debt, liquidity and share-price swings.Current ratio 0.18× vs a peer median of 2.02× (weaker than 100% of peers).Current ratio 0.18× vs peers 2.02× (weaker than 100% of peers). A relative measure, not a bankruptcy probability.
Latest filing: what changed
Quarter ended Jun 30, 2026 · filed Aug 5, 2026 · compared with the quarter ended Mar 31, 2026
No major changes
Previous quarter
Latest quarter
Change
Net income (12 months)
360.4M USD
288.6M USD
−19.9%
Debt
8.5B USD
7.9B USD
−6.5%
Cash
455.4M USD
238.0M USD
−47.7%
Shares outstanding
496.3M
493.1M
−0.6%
From the company’s own SEC filings, as filed. Twelve-month figures roll forward one quarter at a time.
Industry valuation context
Industry: Asset Management · 43 companies
Valuations in Asset Management are near the top of their range since 2016.
95% of months since 2016 were valued lower than now.
37% of companies are in the most expensive fifth of their own price-to-sales history.
Over 24 months, company values +10% and earnings +13% (medians): prices and earnings moved broadly together.
Median price-to-sales is +31% vs the whole market, against a usual +6%.
2016Shaded: most expensive fifth of its range2026
Blue Owl Capital looks cheaper than most of its peers on our valuation measures, while the Asset Management industry as a whole is valued high by its own standards since 2016. Both can be true at once.
Describes valuations since 2016; it does not predict prices. US companies worth $1B+, from SEC filings and month-end prices, as of Aug 2026. Today's companies and industry labels are used throughout. Measured on earnings, sales and free cash flow yields. How this works
Financials
Fiscal years from SEC annual filings · change vs the prior year
Key ratios
FY 2021
FY 2022
FY 2023
FY 2024
FY 2025
Change
Return on assets (ROA)
4.7%
3.4%
5.9%
4.3%
3.7%
▼ 0.6 pts
Return on equity (ROE)
10.5%
7.9%
13.2%
10.0%
8.5%
▼ 1.5 pts
Debt to equity
1.19×
1.24×
1.18×
1.25×
1.26×
▲ 0.4%
OBDC price history
Price history is added with the daily price update and will appear after the next one.