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Blue Owl Capital Inc (OWL)

Fair Value
Financial ServicesAsset ManagementUnited States

Fundamental

54

Price

$8.99

Market Cap

$14.34B

Part 1 · What the company is worth

Overview

Blue Owl Capital Inc. operates as an alternative asset manager in the United States. It offers permanent capital base solutions that enables it to offer holistic framework of capital solutions to middle market companies, large alternative asset managers, and corporate real estate owners and tenants. The company also provides private financing solutions, such as direct lending products comprising diversified, technology, first lien, and opportunistic lending to middle-market companies; alternative credit; investment grade credit; liquid credit; and other credit solutions. In addition, the company offers GP strategic capital products, which offers capital solutions, including GP minority stakes, GP debt financing, and professional sports minority stakes; and real estate products that focuses on acquiring triple net lease real estate by investment grade or creditworthy tenants, as well as real estate debt finance through net lease and real estate credit. It offers its solutions through permanent capital vehicles and long-dated private funds. Blue Owl Capital Inc. is headquartered in New York, New York.

No editorial profile for this company yet

Direct competitors

Who this company fights with for the same customers

Compare

Generated on September 19, 2026 with claude-haiku-4-5 — shared with all users

P/E: 41.5Score: 58Market cap: $37.06B

Ares is the closest peer by business mix: a credit-led alternative asset manager whose direct lending funds bid for the same sponsor-backed middle-market loans and court the same institutional and wealth investors as Blue Owl's Credit platform.

P/E: 42.2Score: 61Market cap: $70.27B

Apollo competes head-on in private credit origination and in investment-grade and asset-backed lending, and chases the same insurance and retirement capital that funds Blue Owl's perpetual vehicles.

P/E: 25.1Score: 71Market cap: $85.99B

Blackstone overlaps with Blue Owl on all three platforms — its BCRED vehicle competes for the same non-traded private credit flows, while its real estate and GP stakes businesses target the same net lease assets and minority stakes in asset managers.

P/E: 26.6Score: 59Market cap: $83.70B

KKR competes for the same private credit deals and for the same institutional and high-net-worth allocations to perpetual alternative vehicles, alongside a growing digital infrastructure business that overlaps Blue Owl's Real Assets platform.

Golub CapitalNot tracked

Golub Capital is a private direct lending specialist that bids against Blue Owl for the same sponsor-backed middle-market loans in the United States, its core arena rather than one business line among many.

Balance Sheet & Liquidity

Revenue

$2.99B

Trailing 12 months (through 6/30/2026)

Net Income

$81M

Trailing 12 months (through 6/30/2026)

Free Cash Flow

$1.20B

Total Equity

$2.21B

Total Liabilities

$6.41B

Current Ratio

0.75

Interest Coverage

-

Debt/EBITDA

3.46

Earnings Per Share

Revenue & Net Income

Free Cash Flow

Income Breakdown

Historical statement

Margins over time

Debt over time

How heavy the debt is

Growth grid

Growth — Revenue

Fair Value Estimation

General caseFairly Valued

Fair Value

$8.55

Current Price

$8.99

Margin of Safety

-5.2%

Fair Value Range

$5.56 - $11.54

Spread across the valuation methods used, not a statistically calibrated confidence interval.

Estimation Methods

Analyst price target:$12.79
Discounted cash flow (DCF):Not enough data to compute it
Earnings multiple (P/E):$1.24
Graham growth formula:$1.95
Earnings power value (EPV):$4.96
Justified P/B:$0.46
Dividend discount (Gordon):Not enough data to compute it
P/FFO, funds from operations:Not enough data to compute it
Mid-cycle earnings:Not enough data to compute it
Revenue multiple:$11.36
Analyst Consensus:Buy (13B / 7H / 0S)
Last Earnings Surprise:+0.46%

Valuation Metrics

P/E Ratio

75.75

ROE

3.6%

P/B Ratio

3.11

P/FCF

4.70

Gross Margin

-

ROIC

-

Profitability Radar

Value Creation (Economic Moat)

ROIC

-

WACC

9.7%

ROIC − WACC

-

Fundamental Analysis Criteria

Passed (9)

  • EPS shows upward trend
  • P/FCF 4.70
  • Debt/Equity ratio
  • Positive Free Cash Flow
  • CapEx intensity
  • Debt/EBITDA
  • Revenue Growth 5Y 63.0%
  • Analyst Consensus 65% Buy
  • Earnings Quality (OCF/NI) 17.06

Failed (11)

  • Price CAGR -1.24%
  • P/B Ratio 3.11
  • Return on Tangible Assets
  • Low reliance on intangibles
  • Price below Graham Number
  • DCF valuation (Unknown)
  • ROE 3.8%
  • Earnings Surprise avg 2.1%
  • Share Dilution 43.9%
  • Net Margin Trend 2.7% vs 2.9%
  • Piotroski F-Score 4/9

Unavailable (7)

  • ROIC NaN%
  • Gross Margin NaN%
  • Dividend Payout NaN%
  • Operating Margin NaN%
  • Current Ratio
  • Interest Coverage
  • PEG Ratio (need PE > 0 and growth > 0)

Piotroski F-Score

4/9

Mixed signals: some areas need attention

score
criteria

Earnings Quality

17.06

High quality: earnings backed by cash

Share Dilution

43.9%

Issuing new shares, diluting ownership

Institutional Holdings

Governance

Executive Team

NameTitleAge
Mr. Douglas Irving OstroverCo-Founder, Chairman & Co-CEO63
Mr. Marc S. LipschultzCo-Founder, Co-CEO & Director56
Mr. Michael Douglass ReesCo-Founder, Co-President & Director50
Mr. Craig William PackerHead of Credit, Co-Founder, Co-President, Senior MD & Director59
Mr. Marc ZahrCo-President & Director45
Mr. Alan Jay Kirshenbaum CPAChief Financial Officer54
Ms. Jennifer BrouseSenior MD & Director36
Mr. Andrew Robert PollandChief Operating Officer49
Ms. Ann DaiMD & Head of Investor Relations-
Ms. Neena Ann Reddy J.D.Chief Legal Officer, General Counsel & Secretary47

Audit Risk

5

Board Risk

10

Compensation Risk

10

Shareholder Rights Risk

10

Part 2 · The price and when to enter

This part won't tell you whether the company is worth owning: it helps you choose when to buy it, once the fundamentals have convinced you. Inside: technical analysis, potential, historical drawdowns, gamma exposure.

Documents

  • Annual Report (10-K)

    A yearly overview of the business, its financial results, and the risks it faces.

    Filed on 2026-02-19

    View document
  • Quarterly Report (10-Q)

    A snapshot of financial performance for the most recent three-month period.

    Filed on 2026-07-31

    View document
  • Current Report (8-K)

    An announcement of a major event, such as a leadership change or big news.

    Filed on 2026-08-18

    View document

via SEC EDGAR

Income History

via SEC EDGAR

Latest News

Recent headlines for OWL, sourced from Markets Gazette.

  • 3d agoNEGATIVE
    Il titolo Blue Owl è sceso dal massimo di agosto di $12.7 agli attuali $9.32.

    Blue Owl Capital Inc. (OWL) has seen its stock price decline to $9.32, marking a 27.6% drop from its August high of $12.7. This downturn occurred despite easing concerns within the private credit sector. The company, along with peers like Ares, BlackRock, Blackstone, and Apollo, experienced weaker redemption requests in the second quarter. Investors are observing this trend closely as it impacts the valuation of private credit firms, even as broader sector fears subside.

  • 27d agoPOSITIVE
    Blue Owl: possibile short squeeze dopo il golden cross nel turnaround

    Blue Owl Capital Inc. (OWL) shares have experienced a significant recovery, climbing from a low of $7.60 in April to approximately $11.85. Technical indicators suggest further upside potential, highlighted by a recent 'golden cross' formation on August 14th, where the 50-day and 200-day weighted moving averages intersected. This bullish signal, combined with a rising flag pattern and easing concerns in the AI sector, could fuel additional gains. Investors are watching for a potential short squeeze, supported by these positive technical and market sentiment shifts.

  • 8/11/2026NEUTRAL
    Blue Owl Sets $500 Million Bond Sale to Pay Down Credit Lines

    Blue Owl Capital Inc. is reportedly planning a $500 million bond sale. This move follows issuance of notes by three of the firm's private credit funds earlier this year. The proceeds from the bond sale are intended to repay existing credit lines. While the bond sale itself is a financing activity, its impact on the equity value of Blue Owl Capital is neutral, as it primarily addresses debt management rather than signaling operational growth or decline.

  • 8/5/2026POSITIVE
    Blue Owl BDCs Buy Back $90 Million of Shares to Support Value

    Blue Owl Capital Inc. announced that two of its private credit funds have repurchased a combined $90 million of shares. This marks the second consecutive quarter of share buybacks by these funds, signaling management's commitment to bolstering the vehicles' valuation. The move comes amid broader sector-wide turbulence, suggesting Blue Owl's confidence in its underlying assets and strategy. For investors, these repurchases can indicate a belief that the shares are undervalued, potentially leading to a stabilization or increase in asset value.

  • 7/8/2026POSITIVE
    Blue Owl Buys £1.3 Billion UK Private Hospital Portfolio

    Blue Owl Capital Inc has successfully acquired a substantial portfolio of UK private hospitals valued at £1.3 billion. The transaction was completed with Malaysia's Employees Provident Fund, marking a significant expansion for Blue Owl in the UK healthcare real estate sector. This strategic acquisition is expected to bolster Blue Owl's alternative asset management offerings and potentially enhance its revenue streams through the operation and further development of these healthcare facilities. Investors may view this as a positive move, indicating strong growth potential and strategic foresight in a resilient market.

  • 7/2/2026NEGATIVE
    Blue Owl Imposes Redemption Caps Again

    Blue Owl Capital's private credit funds are facing significant redemption requests for the second consecutive quarter, prompting the manager to impose withdrawal caps. This action indicates potential liquidity strains or investor concerns about the underlying assets within these funds. For investors, this raises questions about the stability and accessibility of capital within Blue Owl's private credit offerings, potentially impacting future fundraising and investor sentiment.

  • 6/8/2026NEGATIVE
    Blue Owl Fund Hit by Redemptions Set to Sell $500 Million Bond

    Blue Owl Capital Inc.'s private credit fund, which previously capped redemptions, is now planning to sell $500 million in investment-grade bonds. This move signals potential liquidity strain within the fund, as it seeks to meet redemption requests by issuing new debt. Investors in Blue Owl's funds may face increased risk due to the fund's reliance on debt issuance to manage outflows, potentially impacting future returns and the overall stability of the fund's portfolio.

via Markets Gazette