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Private Credit Has a Problem: Too Much Money
Thu 22 May 25, 09:30 AMBlue Owl Capital Announces $7 Billion Final Close for Digital Infrastructure Fund
Thu 15 May 25, 12:00 PMBlue Owl to Present at Bernstein's 41st Annual Strategic Decisions Conference
Wed 14 May 25, 12:00 PMBlue Owl Capital Corporation Announces March 31, 2025 Financial Results
Wed 07 May 25, 08:24 PMBlue Owl Capital's (NYSE:OWL) Upcoming Dividend Will Be Larger Than Last Year's
Sun 04 May 25, 12:23 PMBlue Owl Capital Inc. First Quarter 2025 Results
Thu 01 May 25, 11:00 AMBlue Owl Capital (NYSE:OWL) Gains 12% In One Week
Mon 28 Apr 25, 06:07 PMVantage Mobility Appoints Daryl Adams as CEO
Thu 10 Apr 25, 05:15 PMBlue Owl Capital Inc. to Announce First Quarter 2025 Results
Thu 03 Apr 25, 12:00 PM| Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
| Income before tax | -49.61500M | -1867.47700M | -82.54300M | 20.70M | -2.76700M |
| Minority interest | 30.95M | 1426.10M | 6.53M | 2.26M | 2.26M |
| Net income | -40.23500M | -1802.26600M | -82.44100M | 22.96M | 2.05M |
| Selling general administrative | 220.61M | 140.27M | 67.81M | 51.71M | 122.89M |
| Selling and marketing expenses | - | - | - | - | - |
| Gross profit | 475.04M | -673.11000M | 9.08M | 79.08M | - |
| Reconciled depreciation | 259.21M | 114.55M | 0.67M | 0.83M | - |
| Ebit | -28.40600M | -1775.37000M | -58.72700M | 27.37M | -1.63900M |
| Ebitda | 230.81M | -1660.81600M | -58.05400M | 28.20M | - |
| Depreciation and amortization | 259.21M | 114.55M | 0.67M | 0.83M | - |
| Non operating income net other | - | -912.93500M | - | - | - |
| Operating income | -28.40600M | -1775.37000M | -58.72700M | 27.37M | -1.63900M |
| Other operating expenses | 1372.20M | 1751.14M | 308.54M | 163.48M | - |
| Interest expense | 55.71M | 27.27M | 23.82M | 6.66M | 0.00000M |
| Tax provision | -9.38000M | -65.21100M | -0.10200M | 0.24M | -0.18000M |
| Interest income | 21.21M | 74.47M | 4.98M | 6.66M | 1.13M |
| Net interest income | -55.71100M | -27.27500M | -23.81600M | -6.66200M | - |
| Extraordinary items | - | - | - | - | - |
| Non recurring | - | - | - | - | - |
| Other items | - | - | - | - | - |
| Income tax expense | -9.38000M | -65.21100M | -0.10200M | 0.24M | -0.18000M |
| Total revenue | 1369.72M | 823.88M | 249.81M | 190.85M | 121.25M |
| Total operating expenses | 477.52M | 254.16M | 67.81M | 51.71M | - |
| Cost of revenue | 894.69M | 1496.99M | 240.73M | 111.77M | - |
| Total other income expense net | -21.20900M | -92.10700M | -23.81600M | -6.66200M | - |
| Discontinued operations | - | - | - | - | - |
| Net income from continuing ops | -40.23500M | -1802.26600M | -82.44100M | 20.46M | - |
| Net income applicable to common shares | -9.28900M | -450.43000M | -77.83100M | 22.96M | 2.05M |
| Preferred stock and other adjustments | - | - | - | - | - |
| Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2017-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2017-12-31 |
| Total assets | 8893.08M | 8266.40M | 121.60M | 56.72M | 45.93M |
| Intangible assets | 2405.42M | 2611.41M | - | - | - |
| Earning assets | - | - | - | - | - |
| Other current assets | 6.10M | 8.50M | 0.87M | 10.40M | 0.05M |
| Total liab | 3344.19M | 2418.83M | 622.76M | 409.47M | 40.93M |
| Total stockholder equity | 1604.70M | 1663.57M | -507.68700M | -352.75600M | 5.00M |
| Deferred long term liab | 6.33M | 0.35M | 8.26M | - | - |
| Other current liab | 126.56M | 135.47M | 58.41M | 12.08M | 0.03M |
| Common stock | 0.14M | 0.14M | -507.68700M | -352.75600M | 0.00020M |
| Capital stock | 0.14M | 0.14M | - | - | - |
| Retained earnings | -689.34500M | -497.50600M | -5.28150M | -352.75600M | 0.05M |
| Other liab | 1043.37M | 932.24M | - | - | - |
| Good will | 4205.16M | 4132.24M | 0.00000M | - | - |
| Other assets | 915.54M | 15731.71M | 13.35M | 1.27M | - |
| Cash | 68.08M | 42.57M | 11.63M | 7.34M | 0.56M |
| Cash and equivalents | 68.08M | 42.57M | 11.63M | 7.34M | - |
| Total current liabilities | 336.56M | 223.94M | 58.41M | 120.11M | 0.04M |
| Current deferred revenue | - | - | - | - | - |
| Net debt | 1796.54M | 1220.08M | 344.76M | - | -0.56020M |
| Short term debt | 210.00M | 88.48M | 0.00000M | 0.00000M | - |
| Short long term debt | 210.00M | - | - | - | - |
| Short long term debt total | 1864.62M | 1262.65M | 356.39M | 287.10M | - |
| Other stockholder equity | 2293.90M | 2160.93M | -507.68700M | -352.75600M | 4.95M |
| Property plant equipment | 295.60M | 93.98M | 3.36M | 3.38M | - |
| Total current assets | 444.03M | 275.64M | 105.20M | 52.07M | 0.61M |
| Long term investments | 63.08M | 12.14M | 2.68M | - | - |
| Net tangible assets | -5005.88300M | -4298.33300M | -507.68700M | -352.75600M | - |
| Short term investments | 317.23M | - | 275.04M | - | - |
| Net receivables | 369.86M | 224.58M | 92.70M | 34.33M | - |
| Long term debt | 1624.77M | 1174.17M | 34.97M | 287.10M | - |
| Inventory | - | - | - | - | - |
| Accounts payable | 126.56M | 58.04M | 49.75M | 25.76M | 0.00300M |
| Total permanent equity | - | - | - | - | - |
| Noncontrolling interest in consolidated entity | - | 4184.00M | - | - | - |
| Temporary equity redeemable noncontrolling interests | - | - | - | - | - |
| Accumulated other comprehensive income | - | - | - | - | - |
| Additional paid in capital | - | - | - | - | - |
| Common stock total equity | - | 0.14M | 0.00117M | - | 0.00020M |
| Preferred stock total equity | - | - | - | - | - |
| Retained earnings total equity | - | -497.50600M | -5.28150M | - | - |
| Treasury stock | - | - | - | - | - |
| Accumulated amortization | - | - | - | - | - |
| Non currrent assets other | 722.55M | 505.35M | 1.31M | - | 45.32M |
| Deferred long term asset charges | - | - | - | - | - |
| Non current assets total | 8449.04M | 7990.76M | 16.39M | - | 45.32M |
| Capital lease obligations | 239.84M | 88.48M | 0.00000M | - | - |
| Long term debt total | 1624.77M | 1174.17M | 339.08M | 287.10M | - |
| Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
| Investments | -485.21800M | -14.74500M | -14.74500M | -14.74500M | -14.74500M |
| Change to liabilities | 58.01M | -32.62800M | 11.15M | -6.56200M | 9.23M |
| Total cashflows from investing activities | -485.21800M | -1598.87200M | -0.65200M | -1.17300M | -3.17600M |
| Net borrowings | 452.06M | 812.46M | 69.09M | 261.35M | 15.23M |
| Total cash from financing activities | -217.71700M | 1348.15M | -0.29500M | -43.00700M | -11.51500M |
| Change to operating activities | 45.79M | -55.72600M | 75.54M | 28.95M | 11.27M |
| Net income | -40.23500M | -1802.26600M | -82.44100M | 20.46M | 2.05M |
| Change in cash | 25.51M | 30.94M | 4.29M | -0.11600M | 3.92M |
| Begin period cash flow | 42.57M | 11.63M | 7.34M | 7.46M | 0.56M |
| End period cash flow | 68.08M | 42.57M | 11.63M | 7.34M | 7.46M |
| Total cash from operating activities | 728.45M | 281.66M | 5.23M | 44.06M | 18.61M |
| Issuance of capital stock | - | - | - | - | - |
| Depreciation | 259.21M | 114.55M | 0.67M | 0.83M | 0.30M |
| Other cashflows from investing activities | -419.67900M | -1593.61100M | -275.00000M | 0.00000M | 0.00000M |
| Dividends paid | 182.55M | 150.22M | 78.05M | 320.25M | 44.85M |
| Change to inventory | - | - | - | - | - |
| Change to account receivables | - | - | - | - | - |
| Sale purchase of stock | -78.78900M | -407.62900M | 269.50M | - | - |
| Other cashflows from financing activities | 366.62M | 2076.21M | 249.22M | 360.83M | -0.41400M |
| Change to netincome | 370.35M | 629.76M | -5.08500M | -2.33400M | -4.63500M |
| Capital expenditures | 65.54M | 5.26M | 0.65M | 1.17M | 3.18M |
| Change receivables | - | -105.37600M | - | - | - |
| Cash flows other operating | - | 806.99M | - | - | - |
| Exchange rate changes | - | - | - | - | - |
| Cash and cash equivalents changes | - | 30.94M | - | - | - |
| Change in working capital | 103.79M | -88.35400M | 86.69M | 22.39M | 30.42M |
| Stock based compensation | 420.83M | 1205.34M | 0.00000M | 0.00000M | - |
| Other non cash items | -2.64400M | 904.68M | 0.79M | 0.23M | - |
| Free cash flow | 662.91M | 276.40M | 4.58M | 42.89M | - |
Sector: Financial Services Industry: Asset Management
| Company | Change (USD) | Price (USD) | Trailing PE (x) | Forward PE (x) | Price Sales TTM (x) | Price to Book Value (x) | Enterprise Value to Revenue (x) | Enterprise Value to EBITDA (x) |
|---|---|---|---|---|---|---|---|---|
| OWL Blue Owl Capital Inc |
-0.35 3.57% | 9.46 | 187.13 | 20.45 | 12.76 | 4.39 | 5.34 | 16.47 |
| BX Blackstone Group Inc |
-0.69 0.62% | 109.96 | 44.45 | 29.85 | 14.38 | 14.06 | 11.73 | |
| BLK BlackRock Inc |
9.69 1.01% | 967.36 | 23.92 | 21.23 | 8.04 | 3.78 | 7.54 | 16.86 |
| APO Apollo Global Management LLC Class A |
0.03 0.03% | 108.17 | 18.23 | 20.92 | 3.08 | 6.11 | 2.73 | 14.76 |
| IVSXF Investor AB (publ) |
- -% | 38.00 | 20.83 | - | 0.88 | 1.11 | 10.01 | 1.68 |
Blue Owl Capital Inc. operates as an asset manager. It offers permanent capital base solutions that enables it to offer a holistic platform to middle market companies, large alternative asset managers, and corporate real estate owners and tenants. The company provides direct lending products that offer private credit products comprising diversified, technology, first lien, and opportunistic lending to middle-market companies; GP capital solutions products, which offers capital solutions, including GP minority equity investments, GP debt financing, and professional sports minority investments to large private capital managers; and real estate products that focuses on structuring sale-leaseback transactions, which includes triple net leases. It offers its solutions through permanent capital vehicles, as well as long-dated private funds. The company is headquartered in New York, New York.
399 Park Avenue, New York, NY, United States, 10022
| Name | Title | Year Born |
|---|---|---|
| Mr. Douglas Irving Ostrover | Co-Founder, Chairman & CEO | 1962 |
| Mr. Michael D. Rees | Co-Founder, Co-Pres, Head of Blue Owl's Dyal Capital Division & Director | 1975 |
| Mr. Alan J. Kirshenbaum CPA | Chief Financial Officer | 1971 |
| Mr. Sean Ward J.D. | Sr. MD & Director | 1979 |
| Mr. Marc Zahr | Director & Pres of the Oak Street Division | 1980 |
| Mr. Marc S. Lipschultz | Co-Pres & Director | 1969 |
| Mr. Andrew Robert Polland | Chief Operating Officer | 1975 |
| Ms. Ann Dai | MD & Head of Investor Relations | NA |
| Ms. Neena A. Reddy | MD, Gen. Counsel & Sec. | 1978 |
| Mr. Craig W. Packer | Sr. MD & Director | 1966 |
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