OWLNYSEInvestment AdviceFiscal year ends December 31
BLUE OWL CAPITAL INC.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Jul 31, 2026
$8.96+0.11 (+1.24%)
Close on Oct 19, 2026
- Market cap
- $6.17B
- P/E (TTM)
- 74.7
- Dividend yield
- 9.54%
Margins
Share of revenue, fiscal years 2018 to 2025
Net margin
13.9%+45.0 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +7.6% | +34.4% | +17.8% | – | |
| Net income | -28.1% | – | – | – | |
| EPS, diluted | -50.0% | – | – | – | |
| Free cash flow | +28.1% | +21.8% | +204.4% | – | |
| Dividend per share | +25.7% | +25.7% | – | – |
Returns and balance sheet
8 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2018 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | – | – | 3.6% | |
| Return on assets | – | – | 0.7% | |
| Capex to revenue | – | 0.3% | 10.2% | |
| Diluted shares | – | – | 662M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Blue Owl Capital generated $4.21B from operations and spent $1.79B on capital expenditure, dividends and share buybacks. 15% of that went back into the business.
Generated
$4.21B
Used
$1.79B
Capital expenditure$260.64M15%Dividends$1.39B78%Share buybacks$132.48M7%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin13.9%
×Asset turnover0.05×
×Equity multiplier5.41×
=Return on equity, FY20253.6%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 13.9% | 0.05× | 5.41× | 3.6% |
| FY2024 | 20.8% | 0.05× | 5.42× | 6.0% |
| FY2023 | 14.0% | 0.04× | 5.65× | 3.5% |
| FY2022 | -4.0% | 0.03× | 5.25× | -0.6% |
| FY2021 | -45.7% | 0.20× | 5.03× | -45.1% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
3of 6 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero$78.83M
- Cash generatingOperating cash flow above zero$1.26B
- Return on assets improvedROA up on the prior year1.2% → 0.7%
- Earnings backed by cashOperating cash flow above net income$1.26B vs $78.83M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose– → –
- No dilutionShare count did not rise558M → 662M
- Gross margin improvedGross margin up on the prior year– → –
- More efficientAsset turnover rose0.06 → 0.05