Blue Owl Capital

Blue Owl Capital, Inc. operates as an alternative asset management firm. It provides investors access to asset management capital solutions through its Direct Lending and GP Capital Solutions products. It offers platform of capital solutions to both middle market companies and large alternative asset managers. The company was founded on August 20, 2020 and is headquartered in New York, NY.

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Blue Owl Capital excels in Q4 2022, poised for growth

Blue Owl Capital delivered robust Q4 2022 results, showcasing strong growth and successful fundraising halfway to their goal, with a focus on long-dated assets and substantial earnings growth.
Despite challenges like wealth flow slowdown and retail market turbulence, the company's strengths in software investments, real estate strategy, and credit quality position them well for future opportunities.
Opportunities lie in new product introductions, sustained growth expectations, and strategic expansions, indicating a positive outlook for Blue Owl's continued stability, profitability, and growth.
Maintaining performance momentum, capitalizing on strengths, addressing challenges, and leveraging opportunities will be key for Blue Owl to achieve its $1 billion DE target and drive success in 2023.

Blue Owl Capital excels in Q1 earnings amidst market challenges

Blue Owl Capital demonstrated strong financial performance with notable fee-related earnings and AUM growth.
Despite challenges like market volatility, the company's diversified business segments and solid fundraising efforts position it for future success.
Opportunities lie in expanding revenue streams through real estate and direct lending, supported by a positive market outlook.
Strategic management of challenges and proactive pursuit of opportunities can drive sustained growth and shareholder value.

Blue Owl Capital excels in Q2 earnings, eyes international growth

Blue Owl Capital delivered strong financial performance in Q2 2023, showcasing growth in AUM, distributable earnings, and fundraising capabilities.
The company's emphasis on higher fee rates, permanent capital model, and unified branding positions it well for future growth and market leadership.
While facing challenges in direct lending trends and international expansion, Blue Owl is focused on leveraging opportunities in fundraising, market penetration, and business expansion.
Navigating regulatory landscapes and strategic business expansions are key focus areas for Blue Owl to sustain its growth trajectory and capitalize on emerging market trends.

Blue Owl Capital reports robust Q3 earnings amidst growth strategies

Blue Owl Capital's Q3 performance reflects financial strength, growth in management fees, and strategic initiatives for expansion. While facing challenges of market volatility and potential European expansion risks, the company remains focused on dividend growth, product innovation, and fundraising efforts to drive future success.

Blue Owl Capital excels in Q4, targets $1 dividend goal

Blue Owl Capital's Q4 2023 earnings call highlighted robust financial performance, strategic partnerships, and a focus on delivering value to investors. The company aims to achieve a $1 per share dividend goal through targeted revenue growth, fundraising efforts, and product diversification.

Blue Owl Capital excels in Q1 earnings, eyes growth milestones

Blue Owl Capital delivered strong financial results in Q1 2024, with robust fee-related and distributable earnings, showcasing consistent growth. The company's strategic acquisitions and successful fundraising efforts highlight its commitment to expanding capabilities and driving shareholder value. Challenges lie in integration post-acquisitions and navigating market uncertainties, but opportunities for growth and achieving milestones are within reach.

Blue Owl Capital excels in Q2 2024, eyes growth opportunities

Blue Owl Capital demonstrated strong financial performance and operational resilience in Q2 2024, with robust fee-related earnings and fundraising progress.
Despite short-term margin pressures from acquisitions, the company remains confident in achieving long-term growth and shareholder value.
Strategic acquisitions, record deployment in credit, and active capital deployment in real estate underscore Blue Owl's commitment to growth and market leadership.

Blue Owl Capital excels in Q3, eyes growth amid challenges

Blue Owl Capital delivered strong financial performance in Q3 2024, with significant growth in management fees, fee-related earnings, and distributable earnings, supported by a unique business model and strategic initiatives.
The company's focus on organic growth, strategic M&A activities, and product innovation, along with record equity capital raised, underscores investor confidence and sets the stage for continued success.
While challenges like navigating a tepid M&A environment and clarifying guidance exist, Blue Owl's proactive approach, strong performance track record, and growth opportunities position them well for sustained growth and industry leadership.
With a commitment to leading key growth metrics and driving shareholder value, Blue Owl remains focused on capitalizing on opportunities, managing challenges effectively, and delivering sustainable performance for investors.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Blue Owl Capital, Inc. operates as an alternative asset management firm. It provides investors access to asset management capital solutions through its Direct Lending and GP Capital Solutions products. The company offers a platform of capital solutions to both middle market companies and large alternative asset managers. Blue Owl Capital was founded in 2009 and is headquartered in New York, NY.

Apollo Global Management

New Mountain Finance

For a long time, private equity was the hottest thing in Wall Street. Now, with interest rates sitting at their highest level in 2 decades, the private equity industry is being challenged by private credit.

Private credit is booming in Wall Street: 3 stocks to buy

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns a BBB rating to Blue Owl Technology Income Corporation's (“OTIC” or “the company”) $100 million floating rate senior unsecured notes due January 15, 2029. The notes bear interest at a rate of SOFR +4.75%. The rating Outlook is Stable. The company changed its name from Owl Rock Technology Income Corporation effective July 6, 2023. Key Credit Considerations The rating reflects the company's ties to the sizeable $79.5 billion Blue Owl direct lending platform.

KBRA Assigns Rating to Blue Owl Technology Income Corp.'s $100 Million Floating Rate Senior Unsecured Notes

Ares Capital

Ares Capital and Blue Owl Capital are two of the largest BDCs with dividend yields of nearly 10%. OBDC has a higher NII coverage ratio than ARCC, giving it more scope to pay special dividends. OBDC's portfolio has a smaller percentage of underperforming investments compared to ARCC, indicating a somewhat lower risk of rising non-accruals.

Ares Capital Vs. Blue Owl Capital: One Has The Edge

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns a rating of BBB to Blue Owl Credit Income Corp.'s (“OCIC” or “the company”) $550 million 7.750% senior unsecured notes due January 15, 2029. The rating Outlook is Stable. The proceeds will be used for general corporate purposes, including the repayment of debt. Key Credit Considerations The rating reflects the company's ties to the sizeable $79.5 billion Blue Owl direct lending platform, the derived benefits from OCIC's SEC exemptive relief to co-invest w.

KBRA Assigns Rating to Blue Owl Credit Income Corp.'s $550 Million Senior Unsecured Notes due 2029

Blackstone Group

Blue Owl Capital Corporation and Blackstone Secured Lending Fund are both blue-chip investment grade Business Development Companies. Both offer high yields that are well-covered by income. We compare them side-by-side and offer our take on which is the better buy right now.

Better 10%+ Yield: Blue Owl Capital Corp Or Blackstone Secured Lending?

NEW YORK , Nov. 22, 2023 /PRNewswire/ -- Blue Owl Capital Inc. (NYSE: OWL) ("Blue Owl") today announced that Doug Ostrover, co-CEO, will present at the Goldman Sachs 2023 US Financial Services Conference on Wednesday, December 6, 2023 at 3:00 pm ET. A live webcast of the presentation will be broadcast live on the Investor Resources section of Blue Owl's website at www.blueowl.com.

Blue Owl Capital Inc. to Present at the Goldman Sachs 2023 US Financial Services Conference

Blue Owl Capital Corp. has delivered a +3.6% total NAV return in Q3, extending its strong performance. OBDC targets borrowers in the upper middle-market space, with top sectors including software, insurance, and healthcare. The company outperformed the median BDC in its coverage by 7% over the past year, with a +15% total NAV return.

Blue Owl Capital: Another Dividend Hike For This 11.7% Yielding BDC

NEW YORK--(BUSINESS WIRE)-- #KBRA--KBRA assigns a rating of BBB to Blue Owl Capital Corporation II's (“OBDC II” or “the company”) $350 million 8.45% senior unsecured notes due November 15, 2026. The rating Outlook is Positive. The proceeds will be used to redeem $350 million of the outstanding 2024 notes, using the make-whole call provision. Key Credit Considerations The rating and Positive Outlook are supported by the company's ties to the solid $79.5 billion Blue Owl direct lending platform, the deri.

KBRA Assigns Rating to Blue Owl Capital Corporation II's $350 Million Senior Unsecured Notes Due 2026

BOCA RATON, Fla. , Nov. 13, 2023 /PRNewswire/ -- Amergin Asset Management ("AAM") today announced that Amergin Rail, a portfolio company of certain funds managed by AAM, has closed on a $450 million credit facility that includes a revolving tranche to fund future railcar and portfolio acquisitions.

AMERGIN ASSET MANAGEMENT ANNOUNCES ENTRY INTO $450 MILLION CREDIT FACILITY

Blue Owl Capital runs a unique fee centric model, which gives it a number of competitive advantages. During the most recent earnings call, management has admitted that they may not hit their target of $1 per share dividend by 2025. I present the implications and my (realistic) expectations for the stock.

Blue Owl: $1 Dividend By 2025 Likely A Stretch, But Upside Remains Significant

Blue Owl Capital Inc. (NYSE:OWL ) Q3 2023 Earnings Conference Call November 2, 2023 8:30 AM ET Company Participants Ann Dai - Head, Investor Relations Doug Ostrover - Co-Chief Executive Officer Marc Lipschultz - Co-Chief Executive Officer Alan Kirshenbaum - Chief Financial Officer Conference Call Participants Craig Siegenthaler - Bank of America Alex Blostein - Goldman Sachs Patrick Davitt - Autonomous Research Steven Chubak - Wolfe Research Brian McKenna - JMP Securities Brennan Hawken - UBS Alex Bernstein - JPMorgan Mike Brown - KBW Operator Ladies and gentlemen, thank you for standing by. My name is Bhavesh, and I will be your conference operator today.

Blue Owl Capital Inc. (OWL) Q3 2023 Earnings Call Transcript

NEW YORK , Nov. 2, 2023 /PRNewswire/ -- Blue Owl Capital Inc. (NYSE: OWL) ("Blue Owl") today reported its financial results for the third quarter ended September 30, 2023. "Blue Owl continued to demonstrate the stability and resilience of our business model through challenging and rapidly changing market conditions, generating sequential management fee growth in every quarter since we've been a public company," said Doug Ostrover and Marc Lipschultz, Co-CEOs of Blue Owl.

Blue Owl Capital Inc. Third Quarter 2023 Results

Acquisition of life sciences investment manager's funds will add ~$1 billion in assets under management and bolster Blue Owl's presence in the sector. NEW YORK , Oct. 30, 2023 /PRNewswire/ -- Blue Owl Capital Inc. (NYSE: OWL) ("Blue Owl") today announced an agreement to acquire funds managed by Cowen Healthcare Investments ("CHI"), a life sciences investment manager, from CIM.

Blue Owl Capital Announces Agreement to Acquire Funds Managed by Cowen Healthcare Investments from Cowen Investment Management (CIM)

I believe Blue Owl Capital has the potential to offer double-digit returns to investors based on its excellent dividend growth potential and strong financials. Fee-related earnings increased by 24% year-over-year and were fueled by double-digit growth in AUM and a consistent gross margin of over 60%.

Blue Owl Capital: Great Dividend Growth Potential Ahead

Blue Owl Capital is a relatively new BDC focused on providing direct lending solutions to U.S. middle-market companies. OBDC has a diversified portfolio with a focus on Internet Software & Services and Insurance companies. The company has a conservative balance sheet, well-laddered debt maturities, and a focus on first-lien investments.

When Market Uncertainty Gives You Lemons, Make Dividend Lemonade With Blue Owl Capital

Oppenheimer analysts on Monday downgraded Apollo Global Management Inc. APO, +2.25% and Blue Owl Capital Inc. OWL, +2.63% to perform from outperform after the stocks from the alternative investment managers exceeded their price targets. Oppenheimer reiterated an outperform rating on Blackstone Inc. BX, +0.90% and said KKR & Co. Inc. KKR, +2.66%, Carlyle Group Inc. CG, +0.07%, GCM Grosvenor GCMG, -0.13% and P10 Inc. PX, -0.66% remain undervalued.

Oppenheimer cuts ratings on Apollo and Blue Owl but says other alternative investment firms remain undervalued

Oaktree Specialty Lending

BDCs have proven to be valuable portfolio diversifiers in a rising rate environment for income investors. We compare two of the cheaper and more defensively positioned BDCs. We offer our take on each one's strengths and weaknesses relative to each other.

Better 10%+ Yield: Blue Owl Capital Corp Or Oaktree Specialty Lending?

Blue Owl Capital Corp

NEW YORK , Oct. 6, 2023 /PRNewswire/ -- Blue Owl Capital Corporation (NYSE: OBDC) ("OBDC") today announced it will release its financial results for the third quarter ended September 30, 2023 on Wednesday, November 8, 2023 after market close. OBDC invites all interested persons to its webcast / conference call on Thursday, November 9, 2023 at 10:00 a.m.

Blue Owl Capital Corporation Schedules Earnings Release and Quarterly Earnings Call to Discuss its Third Quarter Ended September 30, 2023 Financial Results

NEW YORK , Oct. 5, 2023 /PRNewswire/ -- Blue Owl Capital Inc. (NYSE: OWL) ("Blue Owl") today announced it will release its financial results for the third quarter ended September 30, 2023 on Thursday, November 2, 2023 before market open. Blue Owl invites all interested persons to its webcast / conference call at 8:30 a.m.

Blue Owl Capital Inc. to Announce Third Quarter 2023 Results

NEW YORK--(BUSINESS WIRE)-- #KBRA--KBRA assigns a rating of BBB to Blue Owl Technology Finance Corp. II's (“OTF II” or “the company”) $75 million 8.5% senior unsecured notes due September 27, 2028. The rating Outlook is Stable. The proceeds will be used for general corporate purposes, including the repayment of debt. Key Credit Considerations The rating reflects the company's ties to the sizeable $73.8 billion Blue Owl direct lending platform, the derived benefits from OTF II's SEC exemptive relief to.

KBRA Assigns Rating to Blue Owl Technology Finance Corp. II's $75 million Senior Unsecured Notes due 2028

Blue Owl Capital stock has traded in a range of $10-13 per share since June, with recent trading at the top end of that range. The company reported solid Q2 results, and its partnership with Abu Dhabi's sovereign fund has been well-received by the market and could improve fundraising outlook. The future outlook of the company is positive, which is why I rate OWL as a buy.

Blue Owl Capital: Expected To Grow And Raise Its Dividend

The financial services industry has had several important themes this year. There are fears about the upcoming wall of maturities in the REIT industry, the liquidity crisis in the financial sector, and high-interest rates.

Blue Owl Capital: A good play in the growing private credit

BOCA RATON, Fla. , Sept. 20, 2023 /PRNewswire/ -- Amergin Asset Management (AAM) today announced that Amergin Rail, a portfolio company of certain funds managed by AAM, has acquired PNC Bank's operating railcar portfolio.

AMERGIN ASSET MANAGEMENT ANNOUNCES ACQUISITION OF MORE THAN 6,000 RAILCARS FROM PNC BANK

We discuss quarterly results from BDC Blue Owl Capital Corp and highlight key income dynamics of the portfolio. The company delivered a strong 3.4% total NAV return for the quarter, marking its fourth straight quarter of outperformance. Both net income and NAV increased, while non-accruals remain low.

Blue Owl Capital: Fourth Quarter Of Outperformance And A Dividend Hike (Rating Upgrade)

Blue Owl Capital Inc. (OWL) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

News for Blue Owl Capital Stock (OWL)