Blue Owl Capital Corporation (OBDC) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 16, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q2 FY2026, filed Aug 5, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the OBDC SEC filings page.
This page shows Blue Owl Capital Corporation (OBDC) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 6 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
The reported balance sheet expanded sharply in FY2025, while net income stayed near prior levels and liabilities rose alongside assets.
From FY2024 to FY2025, total assets rose24.0% , while net income increased only5.4% ; the larger balance sheet therefore produced proportionally less earnings. Reported leverage remained broadly unchanged, with debt-to-equity at 1.3x, so expansion did not materially reduce reliance on debt financing.
The key reported pattern is that FY2025 net income was
Financial Health Signals
Blue Owl Capital Corporation does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.
Blue Owl Capital Corporation passes 4 of 6 computable financial strength tests (3 of the nine could not be computed from available data). 3 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass.
For every $1 of reported earnings, Blue Owl Capital Corporation generates $2.78 in operating cash flow ($1.7B OCF vs $627.4M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Key Financial Metrics
Earnings & Revenue
Blue Owl Capital Corporation reported $65.7M in net income in Q2 2026. This represents a decrease of 52.2% from the same quarter a year earlier. Against the prior quarter it is up 369.6%.
Blue Owl Capital Corporation earned $0.13 per diluted share (EPS) in Q2 2026. This represents a decrease of 51.9% from the same quarter a year earlier. Against the prior quarter it is up 360.0%.
Not reported for Q2 2026.
Not reported for Q2 2026.
Cash & Balance Sheet
Blue Owl Capital Corporation held $238.0M in cash against $7.9B in long-term debt as of Q2 2026.
Not reported for Q2 2026.
Not reported for Q2 2026.
Margins & Returns
Blue Owl Capital Corporation's ROE was 0.9% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is down 0.9 percentage points from the same quarter a year earlier. Against the prior quarter it is up 1.3 percentage points.
Not reported for Q2 2026.
Not reported for Q2 2026.
Not reported for Q2 2026.
Capital Allocation
Blue Owl Capital Corporation spent $35.1M on share buybacks in Q2 2026, returning capital to shareholders by reducing shares outstanding. Against the prior quarter it is down 0.2%.
Not reported for Q2 2026.
Not reported for Q2 2026.
OBDC Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Interest Expense | $108.5M-22.3% | $121.5M-14.0% | N/A | $140.2M+15.6% | $139.8M+28.1% | $141.4M+18.7% | N/A | $121.3M+9.8% |
| Net Income | $65.7M-52.2% | -$24.4M-110.0% | N/A | $128.2M-5.3% | $137.5M+12.5% | $242.6M+32.9% | N/A | $135.4M-34.6% |
| EPS (Basic) | $0.13-51.9% | -$0.05-110.2% | $0.23-42.5% | $0.25-28.6% | $0.27-12.9% | $0.49+4.3% | $0.40-16.7% | $0.35-34.0% |
| EPS (Diluted) | $0.13-51.9% | -$0.05-110.2% | $0.23-42.5% | $0.25-28.6% | $0.27-12.9% | $0.49+4.3% | $0.40-16.7% | $0.35-34.0% |
| Diluted Shares (Avg) | 495M-3.1% | 499M+0.8% | N/A | 511M+31.0% | 511M+31.0% | 495M+27.0% | N/A | 390M+0.1% |
Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, Operating Income, EBITDA, Income Tax.
OBDC Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $15.4B-11.7% | $16.0B-12.8% | $17.2B+23.9% | $17.6B+24.9% | $17.4B+25.5% | $18.4B+37.9% | $13.9B+2.6% | $14.1B+4.7% |
| Cash & Equivalents | $238.0M-33.9% | $455.4M-11.4% | $568.5M+10.6% | $321.3M-33.2% | $360.2M-5.2% | $514.2M-30.8% | $514.2M-22.1% | $481.3M+11.4% |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $8.3B-14.3% | $8.9B-16.7% | $9.8B+23.7% | $10.0B+22.9% | $9.7B+23.4% | $10.6B+45.7% | $7.9B+5.6% | $8.1B+8.9% |
| Long-Term Debt | $7.9B-14.3% | $8.5B-16.8% | $9.3B+24.7% | $9.5B+23.1% | $9.2B+24.4% | $10.2B+47.6% | $7.5B+5.4% | $7.7B+9.6% |
| Total Equity | $7.0B-8.5% | $7.2B-7.6% | $7.4B+24.3% | $7.6B+27.7% | $7.7B+28.2% | $7.7B+28.4% | $6.0B-1.1% | $6.0B-0.6% |
| Retained Earnings | -$415.2M-10051.4% | -$328.0M-639.0% | -$119.9M-508.0% | -$67.0M-352.4% | $4.2M-92.9% | $60.9M-39.5% | $29.4M-68.6% | $26.5M-55.4% |
Not reported in any period shown, so not listed: Current Assets, Inventory, Accounts Receivable, Goodwill, Current Liabilities, Non-Current Liabilities.
OBDC Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $547.3M-45.8% | $967.4M+2383.8% | $822.9M+84.5% | -$131.0M-3611.8% | $1.0B+239.1% | $38.9M-91.2% | $446.0M+7.8% | -$3.5M-102.0% |
| Financing Cash Flow | -$764.7M+34.3% | -$1.1B-2678.3% | -$575.7M-39.3% | $92.1M-12.2% | -$1.2B-420.3% | -$38.9M+89.2% | -$413.1M-121.8% | $104.9M+191.3% |
| Dividends Paid | $183.7M-5.4% | $184.9M+8.8% | $189.1M+15.4% | $199.3M+18.8% | $194.2M+24.3% | $169.9M+1.4% | $163.9M+2.6% | $167.8M+7.6% |
| Share Buybacks | $35.1M | $35.2M | N/A | N/A | $0 | $0 | $0 | $0 |
Not reported in any period shown, so not listed: Depreciation & Amortization, Stock-Based Compensation, Capital Expenditures, Free Cash Flow, Investing Cash Flow.
OBDC Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Return on Equity | 0.9%-0.9pp | -0.3%-3.5pp | N/A | 1.7%-0.6pp | 1.8%-0.3pp | 3.1%+0.1pp | N/A | 2.3%-1.2pp |
| Return on Assets | 0.4%-0.4pp | -0.1%-1.5pp | N/A | 0.7%-0.2pp | 0.8%-0.1pp | 1.3%-0.1pp | N/A | 1.0%-0.6pp |
| Debt-to-Equity | 1.12-0.1x | 1.18-0.1x | 1.260.0x | 1.250.0x | 1.200.0x | 1.31+0.2x | 1.25+0.1x | 1.30+0.1x |
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, Current Ratio, Asset Turnover, FCF Margin.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Blue Owl Capital Corporation OBDC | FY2025 | N/A | $627.4M | N/A | $5.1B | — |
| Janus Henderson Group plc JHG | FY2025 | $3.1B | $815.9M | 26.3% | $8.0B | 87/100 |
| Blackstone Secured Lending Fund BXSL | FY2025 | N/A | $563.5M | N/A | $5.6B | — |
| StepStone Group Inc. STEP | FY2026 | $2.0B | -$743.3M | -37.3% | $3.5B | 32/100 |
| Affiliated Managers Group AMG | FY2025 | $2.1B | $716.6M | 34.5% | $9.9B | 30/100 |
| Main Street Capital Corporation MAIN | FY2025 | N/A | $493.4M | N/A | $5.1B | — |
Where Blue Owl Capital Corporation Ranks
Frequently Asked Questions
Is Blue Owl Capital Corporation profitable?
Yes, Blue Owl Capital Corporation (OBDC) reported a net income of $627.4M in fiscal year 2025.
How much debt does Blue Owl Capital Corporation have?
As of fiscal year 2025, Blue Owl Capital Corporation (OBDC) had $568.5M in cash and equivalents against $9.3B in long-term debt.
What is Blue Owl Capital Corporation's return on equity (ROE)?
Blue Owl Capital Corporation (OBDC) has a return on equity of 8.5% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Blue Owl Capital Corporation's operating cash flow?
Blue Owl Capital Corporation (OBDC) generated $1.7B in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Blue Owl Capital Corporation's total assets?
Blue Owl Capital Corporation (OBDC) had $17.2B in total assets as of fiscal year 2025, including both current and long-term assets.
What is Blue Owl Capital Corporation's debt-to-equity ratio?
Blue Owl Capital Corporation (OBDC) had a debt-to-equity ratio of 1.26 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Blue Owl Capital Corporation's return on assets (ROA)?
Blue Owl Capital Corporation (OBDC) had a return on assets of 3.6% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Blue Owl Capital Corporation's P/E ratio?
Blue Owl Capital Corporation (OBDC) trades at 8.1x earnings, its market capitalization divided by net income of $627.4M net income, FY2025. The market capitalization is $5.1B as of Oct 16, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Blue Owl Capital Corporation's price-to-sales ratio?
Blue Owl Capital Corporation (OBDC) has no price-to-sales ratio at the moment: no revenue reported. The market capitalization is $5.1B as of Oct 16, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Blue Owl Capital Corporation's Piotroski F-Score?
Blue Owl Capital Corporation (OBDC) has a Piotroski F-Score of 4 out of 6 computable signals; 3 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Blue Owl Capital Corporation's earnings high quality?
Blue Owl Capital Corporation (OBDC) has an earnings quality ratio of 2.78x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.