Blue Owl Capital OWL Ratios & Valuation
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Net margin | 3%-0.8pp | 2.7%-2.0pp | 1.9%-3.1pp | 2.9%-1.8pp | 3.7%-0.1pp | |
| EBITDA margin | 32.3%-1.4pp | 31.2%-6.6pp | 28.4%-10.5pp | 30.7%-8.2pp | 33.7%-4.1pp | |
| Free cash flow margin | 43.6%+7.2pp | 41.7%+1.0pp | 41.9%+0.1pp | 39.8%-2.9pp | 36.4%-7.1pp | |
| Returns | ||||||
| Return on equity | 3.9%-0.7pp | 3.6%-2.4pp | 2.4%-3.6pp | 3.7%-1.9pp | 4.6%+0.2pp | |
| Return on assets | 0.7%-0.2pp | 0.7%-0.4pp | 0.4%-0.6pp | 0.7%-0.3pp | 0.9%+0.1pp | |
| Return on invested capital | 8.2%-1.5pp | 8.3%-4.3pp | 6.8%-5.9pp | 8.2%-4.2pp | 9.6%0.0pp | |
| Efficiency | ||||||
| Asset turnover | 0.2×0.0× | 0.2×0.0× | 0.2×0.0× | 0.2×0.0× | 0.2×0.0× | |
| Leverage | ||||||
| Debt-to-equity | 2.1×+0.5× | 1.8×+0.4× | 1.6×+0.2× | 1.6×-0.1× | 1.5×+0.1× | |
| Debt-to-assets | 0.4×+0.1× | 0.3×0.0× | 0.3×0.0× | 0.3×0.0× | 0.3×0.0× | |
| Net debt / EBITDA | 4.4×+0.2× | 4.1×+0.8× | 4.7×+1.3× | 4.4×+1.3× | 4.2×+1.0× | |
| Interest coverage | 3.4×-0.4× | 3.1×-1.7× | 2.6×-2.8× | 3.1×-2.6× | 3.8×-1.3× | |
| Per Share | ||||||
| Book value per share | $3.08-15.7% | $3.33-12.6% | $3.41+154% | $3.58+10.6% | $3.66+10.8% | |
| Valuation | ||||||
| Market capitalization | $6.08B-50.4% | $9.93B-24.9% | $11.02B+7.4% | $11.96B+37.9% | $12.25B+33.0% | |
| Enterprise value | $10.24B-35.0% | $13.6B-15.3% | $14.66B+12.3% | $15.49B+40.3% | $15.75B+37.4% | |
| Price / earnings | 69.9×-63.3× | 126×+5.3× | 212.4×+116× | 158.6×+64.5× | 133.2×+3.7× | |
| Price / sales | 2.1×-2.9× | 3.5×-2.3× | 4×-0.7× | 4.6×+0.2× | 5×0.0× | |
| Price / book | 2.9×-2.3× | 4.5×-1.7× | 4.8×-0.3× | 5.1×+0.1× | 5.2×-0.4× | |
| EV / EBITDA | 10.8×-8.2× | 15.2×-3.3× | 18.8×+3.3× | 19.3×+5.0× | 18.9×+2.6× | |
| EV / sales | 3.5×-2.9× | 4.7×-2.3× | 5.3×-0.7× | 5.9×+0.4× | 6.4×+0.2× | |
| Free cash flow yield | 21.1%+13.8pp | 12.1%+5.0pp | 10.4%+1.7pp | 8.7%-1.1pp | 7.3%-1.4pp | |
| Earnings yield | 1.4%+0.7pp | 0.8%0.0pp | 0.5%-0.6pp | 0.6%-0.4pp | 0.8%0.0pp | |
| Dividend yield | 9.7%+6.3pp | 5.5%+2.7pp | 4.6%+1.4pp | 3.8%+0.5pp | 3.4%+0.6pp |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →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.
