Blue Owl Capital
Manages private-market credit, real assets and GP strategic capital.
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Profile
Manages private-market strategies across Credit, Real Assets and GP Strategic Capital. Most management fees come from permanent-capital vehicles, while economics depend on fundraising, fee generation, fund valuations and liquidity management.
Manages private-market capital through Credit, Real Assets and GP Strategic Capital. Credit traces to Owl Rock’s middle-market lending franchise; Real Assets includes real estate, insurance solutions and digital infrastructure; GP Strategic Capital provides capital to private-capital managers.
Built through the 2021 combination of Owl Rock and Dyal and expanded through acquisitions, the firm operates globally from New York. It integrates specialist strategies under a one-firm approach and reports a single accounting operating segment.
Most management fees come from permanent-capital vehicles, which generally lack ordinary asset-manager-level redemptions. Its economics and reputation depend on fundraising, fee generation, fund valuations and liquidity management, while competition for capital and investments, regulation, leverage inside products, and retention of senior talent shape the business.
Company facts
Categories
Key statistics
Year to date −21.5% · Average volume (30d) 18.8M
Analysts
Ratings
Target range
Latest analyst notes
| Date | Firm | Action | Prior rating | Rating | Prior target | Target |
|---|---|---|---|---|---|---|
| Aug 3, 2026 | Capital One Financial | Target | $11 | $12 | ||
| Aug 3, 2026 | Goldman Sachs | Reiterate | Neutral | $14 | $10.50 | |
| Jul 13, 2026 | Capital One Financial | Target | $11 | |||
| Jul 9, 2026 | Barclays | Reiterate | Equal Weight | $10 | $9 | |
| Jul 2, 2026 | Credit Suisse | Target | $9.10 |
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| Jul 30, 2026Q2 FY26 | $0.22 | $0.22 | +1.6% | $693.1M | $753.1M | +8.6% | +6.39% |
| Apr 30, 2026Q1 FY26 | $0.19 | $0.19 | 0.0% | $687.2M | $699.9M | +1.8% | +2.36% |
| Feb 5, 2026Q4 FY25 | $0.22 | $0.24 | +9.1% | $711.8M | $701.5M | −1.4% | +7.65% |
| Oct 30, 2025Q3 FY25 | $0.22 | $0.22 | −0.7% | $674.7M | $728.0M | +7.9% | −0.57% |
Financial highlights
| 12 quarters | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | |
|---|---|---|---|---|---|---|---|
| Revenue | $683.5M | $703.1M | $728.0M | $755.6M | $753.8M | $753.1M | |
| Gross profit | $357.5M | $376.8M | $386.6M | $468.5M | $662.9M | $308.2M | |
| Operating income | $77.3M | $99.3M | $112.7M | $337.9M | $108.9M | $116.4M | |
| Net income | $7.4M | $17.4M | $6.3M | $47.7M | $15.5M | $11.4M | |
| Diluted EPS | $0.00 | $0.02 | $0.01 | $0.07 | $0.02 | $0.02 | |
| Gross margin | 52.3% | 53.6% | 53.1% | 62.0% | 87.9% | 40.9% | |
| Operating margin | 11.3% | 14.1% | 15.5% | 44.7% | 14.4% | 15.5% |
Fiscal years (4-quarter sums)FY21 $823.9M · FY22 $1.37B · FY23 $1.73B · FY24 $2.30B · FY25 $2.87B
Revenue by product · Q2 FY26
Balance sheet, Jun 30, 2026Cash & short-term investments $169.1M · Total debt $4.34B · Total assets $12.33B · Shareholders' equity $2.00B
Dividends
Raised for 3 straight years — most recently to $0.23 from $0.225 in May 2026. To collect a payout, hold shares through the close before the ex-date.
History
| Ex-date | Record | Paid | Amount | Note |
|---|---|---|---|---|
| Aug 13, 2026 | Aug 13 | Aug 27 | $0.23 | |
| May 13, 2026 | May 13 | May 27 | $0.23 | raised from $0.225 |
| Feb 20, 2026 | Feb 20 | Mar 2 | $0.225 | |
| Nov 10, 2025 | Nov 10 | Nov 24 | $0.225 | |
| Aug 14, 2025 | Aug 14 | Aug 28 | $0.225 | |
| May 14, 2025 | May 14 | May 28 | $0.225 | raised from $0.18 |
| Feb 19, 2025 | Feb 19 | Feb 28 | $0.18 | |
| Nov 8, 2024 | Nov 11 | Nov 22 | $0.18 |
Ownership
Shares outstanding 1.56B · Float 623.15M · 39.9% free float
Insiders — no current Form 4 position.
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % outstanding | Form | Filed |
|---|---|---|---|---|
| FMR LLC | 67.70M | 4.33% | 13F | Aug 13, 2026 |
| Capital World Investors | 53.87M | 3.45% | 13F | Aug 12, 2026 |
| Capital Research Global Investors | 43.20M | 2.76% | 13F | Aug 12, 2026 |
| Iconiq Capital, LLC | 34.35M | 2.20% | 13F | Aug 13, 2026 |
| BlackRock, Inc. | 31.60M | 2.02% | 13F | Aug 7, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Dec 1, 2025 | Craig Packer | director, officer: Co-President | +14,773 | $15.06 |
| Dec 2, 2025 | Craig Packer | director, officer: Co-President | +110,227 | $15.06 |
| Dec 1, 2025 | Marc S. Lipschultz | director, officer: Co-Chief Executive Officer | +9,337 | $15.06 |
| Dec 2, 2025 | Marc S. Lipschultz | director, officer: Co-Chief Executive Officer | +69,663 | $15.06 |
| Dec 1, 2025 | Douglas I. Ostrover | director, officer: Co-Chief Executive Officer | +18,673 | $15.06 |
Peers
- Blackstone
Broad rival in credit, real assets, infrastructure, and GP stakes
- Ares Management
Global alternatives platform across credit, real estate, and infrastructure
- Apollo Global Management
Alternative-asset rival spanning credit, real assets, and insurer solutions
- KKR
Global alternatives manager across credit, real assets, and insurance
- Brookfield Asset Management
Scaled alternative manager across credit, real estate, and infrastructure
- Goldman Sachs
Broad alternatives rival across GP stakes, credit, and real assets
CompareAfter-hours close
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Blue Owl Capital | $12.04 | +0.12% | $18.79B | 101.2 | 13.0 | 6.3 | +7.1% |
| Blackstone | $142.86 | +0.35% | $171.97B | 31.6 | 22.2 | 10.7 | +2.4% |
| Ares Management | $142.53 | +0.04% | $46.81B | 59.1 | 21.9 | 7.3 | +5.8% |
| Apollo Global Management | $135.48 | +0.35% | $77.78B | 30.2 | 13.8 | 2.2 | +63.7% |
| KKR | $108.40 | −0.21% | $97.58B | 34.2 | 16.3 | 4.6 | −44.8% |
| Brookfield Asset Management | $51.52 | −1.14% | $83.22B | 30.3 | 25.6 | 15.4 | +58.7% |
| Goldman Sachs | $1,033.62 | +0.05% | $305.03B | 16.0 | 14.8 | 2.6 | +39.5% |
| Median | 31.0 | 19.1 | 6.0 | +22.6% |