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Blue Owl Capital OWL Ratios & Valuation

TTM Q1 '26TTM Q4 '25TTM Q3 '25TTM Q2 '25TTM Q1 '25
Profitability
Net margin3%+0.2pp2.7%+0.9pp1.9%-1.0pp2.9%-0.8pp3.7%-1.0pp
EBITDA margin32.3%+1.2pp31.2%+2.7pp28.4%-2.3pp30.7%-3.0pp33.7%-4.0pp
Free cash flow margin43.6%+1.9pp41.7%-0.1pp41.9%+2.1pp39.8%+3.3pp36.4%-4.3pp
Returns
Return on equity3.9%+0.3pp3.6%+1.2pp2.4%-1.3pp3.7%-0.9pp4.6%-1.4pp
Return on assets0.7%0.0pp0.7%+0.2pp0.4%-0.2pp0.7%-0.2pp0.9%-0.2pp
Return on invested capital8.2%-0.1pp8.3%+1.5pp6.8%-1.4pp8.2%-1.5pp9.6%-3.0pp
Efficiency
Asset turnover0.2×0.0×0.2×0.0×0.2×0.0×0.2×0.0×0.2×0.0×
Leverage
Debt-to-equity2.1×+0.3×1.8×+0.1×1.6×+0.1×1.6×0.0×1.5×+0.1×
Debt-to-assets0.4×0.0×0.3×0.0×0.3×0.0×0.3×0.0×0.3×0.0×
Net debt / EBITDA4.4×+0.3×4.1×-0.6×4.7×+0.3×4.4×+0.2×4.2×+0.9×
Interest coverage3.4×+0.3×3.1×+0.5×2.6×-0.5×3.1×-0.7×3.8×-1.1×
Per Share
Book value per share$3.08-7.5%$3.33-2.2%$3.41-4.9%$3.58-2.0%$3.66-4.0%
Valuation
Market capitalization$6.08B-38.8%$9.93B-9.9%$11.02B-7.8%$11.96B-2.4%$12.25B-7.4%
Enterprise value$10.24B-24.7%$13.6B-7.2%$14.66B-5.3%$15.49B-1.7%$15.75B-1.9%
Price / earnings69.9×-56.1×126×-86.4×212.4×+53.8×158.6×+25.3×133.2×+12.6×
Price / sales2.1×-1.4×3.5×-0.6×-0.6×4.6×-0.4×-0.8×
Price / book2.9×-1.6×4.5×-0.3×4.8×-0.3×5.1×-0.2×5.2×-1.0×
EV / EBITDA10.8×-4.4×15.2×-3.6×18.8×-0.5×19.3×+0.3×18.9×+0.4×
EV / sales3.5×-1.3×4.7×-0.6×5.3×-0.6×5.9×-0.5×6.4×-0.6×
Free cash flow yield21.1%+9.0pp12.1%+1.6pp10.4%+1.7pp8.7%+1.4pp7.3%+0.3pp
Earnings yield1.4%+0.6pp0.8%+0.3pp0.5%-0.2pp0.6%-0.1pp0.8%-0.1pp
Dividend yield9.7%+4.2pp5.5%+0.9pp4.6%+0.7pp3.8%+0.5pp3.4%+0.6pp

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Questions, answered.

Where do Blue Owl Capital's ratios come from?
Every ratio is computed from Blue Owl Capital's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.