Blue Owl Capital Inc.

OWL Financial Asset Management

Blue Owl Capital Inc.’s revenue for fiscal 2025 (year ended December 2025) was $2.9 billion, up 25.0% from fiscal 2024.

Revenue
+10.8%
EPS
+200.0%
Free cash flow
+42.4%
Total debt
+12.5%

Quarter to September 2026, against a year earlier

9.93 0.04 +0.40%
Market cap
$15.5B
P/E
71.1×
Fwd P/E
35.0×
Dividend yield
9.14%
F-score
5/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Blue Owl Capital Inc. (OWL) Free cash flow margin

Alert me on Free cash flow margin

Blue Owl Capital Inc.'s free cash flow margin over the twelve months to 30 September 2026 was 49.0%, up 7.2 percentage points from fiscal 2025 (41.8%). Over the past ten years it has ranged from 1.83% (fiscal 2020) to 50.9% (fiscal 2023); the current reading is higher than 71% of that period. That is above the Asset Management industry median of 5.96% and above the Financial sector median of 11.4%.

Free cash flow margin, annual

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Annual newest first

Period Free cash flow margin Change (points)
FY2025 41.8% 1.00
FY2024 40.8% (10.14)
FY2023 50.9% 2.49
FY2022 48.4% 14.85
FY2021 33.6% 31.72
FY2020 1.83% (20.64)
FY2019 22.5% —

Against its own ten years

Low 1.83% High 50.9%
Ten-year median 40.8%
Current reading's percentile 71

Free cash flow margin against peers

Company Free cash flow margin
OWL Blue Owl Capital Inc. 49.0%
ARCC Ares Capital Corporation compare 37.1%
IVZ Invesco Ltd. compare 24.9%
EQH Equitable Holdings, Inc. compare 20.1%
TPG TPG Inc. compare 12.7%
CRBG Corebridge Financial, Inc. compare 11.7%
BEN Franklin Resources Inc compare 2.48%
PS Pershing Square Inc. compare −36.9%
CG Carlyle Group Inc. compare −114.2%
Asset Management industry median 5.96%
Financial sector median 11.4%
Market median 0.00%

What Free cash flow margin is

Free Cash Flow Margin tells an investor how much of each sale turns into cash the company keeps after paying for investment in its assets.

(Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)) ÷ Revenue

The full definition of Free cash flow margin →

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