Saturday 17 October 2026 Export OBDC’s income statement to Excel — free account

Blue Owl Capital Corporation

Blue Owl Capital Corporation’s revenue for fiscal 2025 (year ended December 2025) was $1.9 billion, up 15.9% from fiscal 2024. In the quarter to June 2026, revenue fell 17.4%, EPS fell 51.9%, free cash flow fell 45.8% and total debt fell 14.3%, each against the same quarter a year earlier. Revenue growth for five consecutive years.

10.11 0.24 −2.32%

Follow OBDC

Alert me

Market cap: $5.1B
P/E: 18.1×
Fwd P/E: 12.1×
Dividend yield: 13.7%
F-score: 4/9
Altman Z: n/a
Beneish M: n/a
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	—	—	—	—	—	—	—	—	—	—	—	—

Insider Ownership 1.51%

Capital & Financial Ratios $m

Market Cap 5,100.00

Revenue 1,698.93

Net Income 288.63

Free Cash Flow 2,206.64

Net Debt 7,666.10

Current Ratio 0.65

Debt/Equity 1.12

P/E ratio 18.05

Fwd P/E 12.10

P/S ratio 2.95

P/B ratio 0.71

Past 5Y EPS Growth 4.40%

This Y EPS Growth (17.85%)

Next Y EPS Growth (0.68%)

Next Y revenue growth (15.41%)

Next 5Y EPS Growth (8.56%)

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/E against its own 10 years 81.40%

10-year low 10-year high

P/S against its own 10 years 0.33%

10-year low 10-year high

P/B against its own 10 years 1.32%

10-year low 10-year high

Dividends

Payout Ratio 2.46

Annual Dividend Rate 1.38

Annual Dividend Yield 13.65%

	total	individual payouts
2028	Powerpack
2027	Powerpack
2026	1.32	0.37 0.31 0.02 0.31
2025	1.56	0.05 0.37 0.01 0.37 0.02 0.37 0.37
2024	1.72	0.08 0.37 0.05 0.37 0.06 0.37 0.05 0.37
2023	1.49	0.04 0.33 0.06 0.33 0.07 0.33 0.08 0.35
2022	1.26	0.31 0.31 0.31 0.03 0.33
2021	1.24	0.31 0.31 0.31 0.31
2020	1.56	0.39 0.39 0.39 0.39
2019	1.12	0.44 0.33 0.35
2018	Powerpack

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	659	506	559	237
Receivables	—	—	—	—
Inventory	—	—	—	—
Other	—	—	—	—
	662	540	574	275

	2023	2024	2025	Q'26
Payables	48	49	63	57
ST’ Debt	—	—	—	—
Other	—	—	—	—
	413	455	489	419

Compound Annual Growth %

	10y	5y	3y
Sales	—	18.17%	15.48%
Cash Flow	—	0.00%	100.13%
Earnings	—	10.10%	10.39%
Book Value	—	5.18%	7.94%

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	397	401	—	—	—
’25	465	486	453	448	1,851
’24	400	397	406	394	1,597
’23	378	394	399	411	1,582
’22	264	273	314	351	1,202
’21	222	249	269	282	1,021
’20	205	190	187	221	803

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	967	547	—	—	—
’25	39	1,011	(131)	823	1,742
’24	444	(726)	(4)	446	160
’23	46	497	179	414	1,136
’22	(14)	88	48	95	217
’21	(225)	(349)	(280)	(372)	(1,227)
’20	(373)	187	(666)	(708)	(1,560)

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	967	547	—	—	—
’25	39	1,011	(131)	823	1,742
’24	444	(726)	(4)	446	160
’23	46	497	179	414	1,136
’22	(14)	88	48	95	217
’21	(225)	(349)	(280)	(372)	(1,227)
’20	(373)	187	(666)	(708)	(1,560)

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	(0.05)	0.13	—	—	—
’25	0.49	0.27	0.25	0.23	1.24
’24	0.47	0.31	0.35	0.40	1.53
’23	0.52	0.50	0.53	0.48	2.03
’22	0.11	(0.09)	0.37	0.49	1.18
’21	0.26	0.38	0.36	0.35	1.25
’20	(0.79)	0.34	0.33	0.29	1.00

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	—	—	—	15.02	8.09	12.28	10.18	11.60	13.98	11.65	Analyst estimates 2026–2028 Powerpack
	High	—	—	—	19.19	18.05	14.97	15.33	15.27	16.91	15.73
People
People	Employees	—	—	—	—	—	—	—	—	—	—
	Revenue/emp, $m	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Income, $m
Income, $m	Revenue	29	160	389	718	803	1,021	1,202	1,582	1,597	1,851
	Gross margin, %	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00
	EBT	9	94	247	501	519	494	563	766	753	812
	EBT margin, %	32.49	58.76	63.42	69.76	64.67	48.38	46.80	48.44	47.14	43.88
	Net income	17	104	202	498	388	625	466	793	595	627
	Depreciation	0	(4)	(17)	(22)	(33)	(56)	(12)	(22)	(38)	(66)
Per share, $
Per share, $	Revenue	1.35	2.38	2.66	2.21	2.07	2.60	3.05	4.06	4.09	3.66
	Earnings	0.42	1.40	1.68	1.53	1.00	1.25	1.18	2.03	1.53	1.24
	Cash flow	(44.27)	(19.90)	(21.66)	(7.78)	(4.01)	(3.13)	0.55	2.91	0.41	3.44
	Capex	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	Free cash flow	(44.27)	(19.90)	(21.66)	(7.78)	(4.01)	(3.13)	0.55	2.91	0.41	3.44
	Book value	31.88	21.95	22.30	18.41	14.79	15.14	14.93	15.44	15.26	14.62
	Shares, m	21	67	146	325	389	392	394	390	390	506
Valuation, ×
Valuation, ×	P/E	9.04	9.04	9.04	11.79	74.60	10.46	13.44	7.25	9.88	10.02
	P/S	7.81	7.81	7.81	8.09	6.13	5.44	3.89	3.63	3.69	3.40
	P/B	0.77	0.77	0.77	0.97	0.86	0.94	0.79	0.95	0.99	0.85
	EV/Sales	10.15	10.15	10.15	11.88	12.28	11.95	9.58	7.69	8.05	8.12
	EV/FCF	(1.73)	(1.73)	(1.73)	(3.38)	(6.32)	(9.95)	52.99	10.71	80.22	8.63
Cash, $m
Cash, $m	Operating cash flow	(945)	(1,335)	(3,172)	(2,527)	(1,560)	(1,227)	217	1,136	160	1,742
	Capex	—	—	—	—	—	—	—	—	—	—
	Free cash flow	(945)	(1,335)	(3,172)	(2,527)	(1,560)	(1,227)	217	1,136	160	1,742
Balance, $m
Balance, $m	Working capital	202	(10)	11	156	128	174	27	249	85	85
	Total debt	492	919	2,568	3,038	5,293	7,079	7,282	7,077	7,458	9,300
	Net debt	283	899	2,440	2,721	4,945	6,648	6,837	6,418	6,952	8,741
	Shareholders’ equity	681	1,473	3,265	5,977	5,746	5,938	5,882	6,021	5,953	7,397
Returns, %
Returns, %	ROA	0.92	5.72	4.82	6.57	3.78	5.08	3.47	5.86	4.35	4.04
	ROIC	0.61	2.48	2.70	3.60	3.04	2.45	2.76	3.85	3.65	3.15
	ROE	1.55	9.64	8.54	10.78	6.61	10.70	7.89	13.33	9.94	9.40

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
BXSL Blackstone Secured Lending Fund	$5.6B	18.8×	11.4×	−7.06% (below 0%: shrinking)	−94.12% (below 0%: shrinking)	+353.76% (above 0%: growing)	100.00%	85.77%	Compare
MAAS Maase Inc. - Sponsored ADR	$5.5B	— (loss-making)	— (loss-making)	−60.12% (below 0%: shrinking)	+62.50% (above 0%: growing)	+82.86% (above 0%: growing)	0.00%	0.00%	Compare
STEP StepStone Group Inc.	$5.2B	— (loss-making)	3.9×	+4.01% (above 0%: growing)	n/m	−1,113.70% (below 0%: shrinking)	100.00%	(54.06%)	Compare
OBDC Blue Owl Capital Corporation	$5.1B	18.1×	12.1×	−17.39% (below 0%: shrinking)	−51.85% (below 0%: shrinking)	−45.84% (below 0%: shrinking)	100.00%	74.72%
MAIN Main Street Capital Corporation	$5.1B	10.8×	15.2×	+3.89% (above 0%: growing)	+15.33% (above 0%: growing)	+13.70% (above 0%: growing)	100.00%	87.20%	Compare
HASI HA Sustainable Infrastructure Capital, Inc.	$4.7B	55.2×	29.3×	+40.97% (above 0%: growing)	+25.00% (above 0%: growing)	−14.48% (below 0%: shrinking)	100.00%	80.56%	Compare
HLNE Hamilton Lane Inc.	$4.6B	12.3×	12.3×	+56.48% (above 0%: growing)	+49.23% (above 0%: growing)	−40.94% (below 0%: shrinking)	100.00%	45.93%	Compare
OTF Blue Owl Technology Finance Corp.	$4.3B	11.4×	26.7×	+5.81% (above 0%: growing)	−23.26% (below 0%: shrinking)	+22.79% (above 0%: growing)	100.00%	82.00%	Compare
FHI Federated Hermes, Inc.	$4.2B	10.4×	11.3×	+18.34% (above 0%: growing)	+18.97% (above 0%: growing)	+342.66% (above 0%: growing)	100.00%	26.43%	Compare
Median of peers	$4.9B	11.9×	12.3×	+4.91%	+18.97%	+18.25%	100.00%	63.25%

All 120 Asset Management stocks →