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OBDCBlue Owl Capital Corporation
$10.87$5.4B
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OBDC logoBlue Owl Capital Corporation(OBDC)Earnings, Financials & Key Ratios

OBDC•NYSE•Banking & Credit
8.8× P/E·Price updated Jun 19, 2026
SectorFinancial ServicesIndustryCredit ServicesSub-IndustrySmall Business and Middle-Market Lending
AboutOwl Rock Capital Corporation is a business development company. The fund makes investments in senior secured or unsecured loans, subordinated loans or mezzanine loans and also considers equity-related securities including warrants and preferred stocks also pursues preferred equity investments and common equity investments. Within private equity, it seeks to invest in growth, acquisitions, market or product expansion, refinancings and recapitalizations. It seeks to invest in middle market companies based in the United States, with EBITDA between $10 million and $250 million annually and/or annual revenue of $50 million and $2.5 billion at the time of investment.Show more
  • Net Interest Income$1.25B+33.3%
  • Total Revenue$1.68B+52.6%
  • Net Income$627M+5.5%
  • Return on Equity9.4%-5.4%
  • Net Interest Margin7.29%+7.5%
  • Efficiency Ratio2.09%-60.6%
  • ROA4.04%-7.0%
  • Equity / Assets43.04%+0.3%
  • Book Value per Share14.62-4.2%

OBDC Key Insights

Blue Owl Capital Corporation (OBDC) fundamental analysis — strengths, weaknesses & financial health based on data analysis

✓Strengths

  • ✓Strong NIM of 7.3%
  • ✓Efficient operations: 2.1% efficiency ratio
  • ✓Well capitalized: 43.0% equity/assets
  • ✓Trading at only 0.7x book value

✗Weaknesses

  • ✗Dividend payout exceeds 100% of earnings
  • ✗Shares diluted 29.7% in last year

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

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OBDC Price & Volume

Blue Owl Capital Corporation (OBDC) stock price & volume — 10-year historical chart

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OBDC Growth Metrics

Blue Owl Capital Corporation (OBDC) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years-
5 Years30.78%
3 Years27.57%
TTM-

Profit CAGR

10 Years-
5 Years10.1%
3 Years10.39%
TTM-44.99%

EPS CAGR

10 Years-
5 Years4.4%
3 Years1.67%
TTM-54.84%

Return on Capital

10 Years4.97%
5 Years5.45%
3 Years6.15%
Last Year7.92%

OBDC Recent Earnings

Blue Owl Capital Corporation (OBDC) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 7/12 qtrs (58%)●Beat Revenue 3/12 qtrs (25%)
Q2 2026Latest
May 6, 2026
Metric
Actual
Est
EPS
$0.31-11.4%
$0.35
Rev
$397M-6.0%
$422M
Q1 2026
Feb 18, 2026
Metric
Actual
Est
EPS
$0.36+2.9%
$0.35
Rev
$448M+0.2%
$447M
Q4 2025
Nov 5, 2025
Metric
Actual
Est
EPS
$0.36-7.7%
$0.39
Rev
$292M-35.8%
$454M
Q3 2025
Aug 6, 2025
Metric
Actual
Est
EPS
$0.40+2.6%
$0.39
Rev
$507M+5.5%
$480M
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestMay 6, 2026
$0.31vs $0.35-11.4%
$397Mvs $422M-6.0%
Q1 2026Feb 18, 2026
$0.36vs $0.35+2.9%
$448Mvs $447M+0.2%
Q4 2025Nov 5, 2025
$0.36vs $0.39-7.7%
$292Mvs $454M-35.8%
Q3 2025Aug 6, 2025
$0.40vs $0.39+2.6%
$507Mvs $480M+5.5%
Based on last 12 quarters of dataView full earnings history →

OBDC Peer Comparison

Blue Owl Capital Corporation (OBDC) competitors in Small Business and Middle-Market Lending — business model, growth, and fundamentals comparison

Select Columns
Stock Universe
Valuation
Growth
Profitability
Financial Health
Dividends & Buybacks
Price Performance
Technical
Fundamentals ($)
Sector-Specific
Institutional Holdings
CompanyMarket CapStock PriceP/E Ratio (TTM)Revenue Growth 1YNet MarginReturn on Equity (ROE)FCF YieldDebt / Equity
ARCC logoARCCAres Capital CorporationDirect Competitor12.95B18.039.6932.87%43.69%8.11%1.12
FSK logoFSKFS KKR Capital Corp.Direct Competitor2.88B10.27261.325.5%-91.82%-9.39%1.31
GBDC logoGBDCGolub Capital BDC, Inc.Direct Competitor3.22B12.358.7042.5%26.91%5.24%1.23
MFIC logoMFICMidCap Financial Investment CorporationDirect Competitor915.66M9.9314.6021.25%18.08%2.51%1.53
TPVG logoTPVGTriplePoint Venture Growth BDC Corp.Direct Competitor202.99M5.004.1036.55%-19.55%-3.39%1.33
CGBD logoCGBDCarlyle Secured Lending, Inc.Direct Competitor760.99M10.9510.8417.9%23.81%4.42%1.31
PSEC logoPSECProspect Capital CorporationProduct Competitor1.11B2.21-1.64-159.23%-38%-1.12%0.70
HTGC logoHTGCHercules Capital, Inc.Product Competitor2.9B15.498.3726.97%50.05%13.18%1.04

Compare OBDC vs Peers

Blue Owl Capital Corporation (OBDC) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs ARCC

Most directly comparable listed peer for OBDC.

Scale Benchmark

vs BAC

Larger-name benchmark to compare OBDC against a more recognizable public peer.

Peer Set

Compare Top 5

vs ARCC, FSK, GBDC, MFIC

OBDC Income Statement

Blue Owl Capital Corporation (OBDC) annual income statement — 10-year revenue, gross profit & net income history

10Y historyFree accessUpdated daily
MetricDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25TTM
Net Interest Income
129.28M295.42M566.54M632.66M753.82M780.2M990.82M940.77M1.25B1.1B
NII Growth %
405.07%128.51%91.78%11.67%19.15%3.5%27%-5.05%33.27%56.59%
Net Interest Margin %
5.29%4.96%6.16%5.6%5.67%5.74%7.33%6.78%7.29%6.87%
Interest Income
151.25M366.86M691.85M769.04M946.47M1.05B1.4B1.38B1.85B1.66B
Interest Expense
21.96M71.44M125.31M136.39M192.65M273.13M410.59M434.88M595.75M558.44M
Loan Loss Provision
00000000-181.37M-83.35M
Non-Interest Income
-12.48M-73.43M-109.8M-330.13M-64.16M-244.57M-126.49M-275.02M-172.25M-348.49M
Non-Interest Income %
-8.99%-25.02%-18.86%-75.21%-7.27%-30.24%-9.92%-24.99%-10.26%-26.6%
Total Revenue
138.77M▲ 0%
293.43M▲ 111.5%
582.05M▲ 98.4%
438.92M▼ 24.6%
882.31M▲ 101.0%
808.76M▼ 8.3%
1.27B▲ 57.6%
1.1B▼ 13.7%
1.68B▲ 52.6%
1.31B▲ 0%
Revenue Growth %
410.23%111.46%98.36%-24.59%101.02%-8.34%57.64%-13.67%52.55%56.63%
Non-Interest Expense
12.9M18.65M-43.24M-90.92M52.16M59.5M53.65M58.41M35.1M184.04M
Efficiency Ratio
9.3%6.36%-7.43%-20.71%5.91%7.36%4.21%5.31%2.09%14.05%
Operating Income
103.9M▲ 0%
203.34M▲ 95.7%
499.99M▲ 145.9%
393.44M▼ 21.3%
637.5M▲ 62.0%
476.13M▼ 25.3%
810.68M▲ 70.3%
607.34M▼ 25.1%
1.23B▲ 102.5%
651.02M▲ 0%
Operating Margin %
74.87%69.3%85.9%89.64%72.25%58.87%63.59%55.18%73.23%49.69%
Operating Income Growth %
511.56%95.71%145.89%-21.31%62.03%-25.31%70.26%-25.08%102.45%-
Pretax Income
103.9M▲ 0%
203.34M▲ 95.7%
499.99M▲ 145.9%
393.44M▼ 21.3%
637.5M▲ 62.0%
476.13M▼ 25.3%
810.68M▲ 70.3%
607.34M▼ 25.1%
642.49M▲ 5.8%
371.91M▲ 0%
Pretax Margin %
74.87%69.3%85.9%89.64%72.25%58.87%63.59%55.18%38.27%28.39%
Income Tax
158K1.09M1.98M5.71M12.61M9.77M17.36M12.36M15.09M11.52M
Effective Tax Rate %
0.15%0.54%0.4%1.45%1.98%2.05%2.14%2.03%2.35%3.1%
Net Income
103.74M▲ 0%
202.24M▲ 95.0%
498M▲ 146.2%
387.74M▼ 22.1%
624.88M▲ 61.2%
466.36M▼ 25.4%
793.31M▲ 70.1%
594.98M▼ 25.0%
627.41M▲ 5.5%
360.39M▲ 0%
Net Margin %
74.76%68.92%85.56%88.34%70.82%57.66%62.22%54.06%37.37%27.51%
Net Income Growth %
523.55%94.95%146.24%-22.14%61.16%-25.37%70.11%-25%5.45%-44.99%
Net Income (Continuing)
103.74M202.24M498M387.74M624.88M466.36M793.31M594.98M627.41M360.39M
EPS (Diluted)
0.40▲ 0%
1.49▲ 272.5%
1.53▲ 2.7%
1.00▼ 34.6%
1.59▲ 59.0%
1.18▼ 25.8%
2.03▲ 72.0%
1.53▼ 24.6%
1.24▼ 19.0%
0.72▲ 0%
EPS Growth %
584.93%272.5%2.68%-34.64%59%-25.79%72.03%-24.63%-18.95%-54.84%
EPS (Basic)
0.401.491.531.001.591.182.031.531.24-
Diluted Shares Outstanding
259.2M135.73M324.63M388.65M392.3M394.01M390.1M390.07M506.1M498.9M

OBDC Balance Sheet

Blue Owl Capital Corporation (OBDC) balance sheet — assets, liabilities & shareholders' equity

MetricDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25TTM
Cash & Short Term Investments
17.43M121.59M309.57M349.07M425.66M348.67M572.59M431.77M9.84M619.21M
Cash & Due from Banks
17.43M121.59M309.57M349.07M425.66M348.67M572.59M431.77M9.84M39.29M
Short Term Investments
0000000000
Total Investments
65.6M86.62M89.53M272.38M00013.19B16.47B15.34B
Investments Growth %
-93.22%32.05%3.35%204.25%-100%---24.83%0%
Long-Term Investments
65.6M86.62M89.53M272.38M00013.19B16.47B16.47B
Accounts Receivables
32.39M37.78M69.36M65.77M85.67M125.79M135.24M122.85M104.58M100.47M
Goodwill & Intangibles
0000000000
Goodwill
0000000000
Intangible Assets
0000000000
PP&E (Net)
0000000000
Other Assets
2.33B5.7B8.72B10.58B12.76B13.11B12.8B82.39M15.51M0
Total Current Assets
51.15M160.96M396.81M453.44M535.05M478.09M710.98M588.63M699.96M139.76M
Total Non-Current Assets
2.39B5.78B8.81B10.85B12.76B13.11B12.8B13.28B16.49B0
Total Assets
2.44B▲ 0%
5.95B▲ 143.5%
9.2B▲ 54.7%
11.3B▲ 22.8%
13.3B▲ 17.6%
13.58B▲ 2.2%
13.51B▼ 0.5%
13.87B▲ 2.6%
17.19B▲ 23.9%
16.02B▲ 0%
Asset Growth %
106.94%143.54%54.66%22.83%17.64%2.16%-0.54%2.62%23.95%61.53%
Return on Assets (ROA)
5.72%4.82%6.57%3.78%5.08%3.47%5.86%4.35%4.04%2.11%
Accounts Payable
33.55M81.53M137.25M152.09M122.07M129.52M136.41M144.38M00
Total Debt
919.43M2.57B3.04B5.29B7.08B7.28B7.08B7.46B9.3B0
Net Debt
902M2.45B2.73B4.94B6.65B6.93B6.5B7.03B9.29B-39.29M
Long-Term Debt
919.43M2.57B3.04B5.29B7.08B7.28B7.08B7.46B9.3B0
Short-Term Debt
0000000000
Other Liabilities
17.99M36.95M50.86M113.11M158.9M291.19M276.51M310.64M489.01M8.86B
Total Current Liabilities
33.55M81.53M137.25M152.09M122.07M129.52M136.41M144.38M00
Total Non-Current Liabilities
937.42M2.6B3.09B5.41B7.24B7.57B7.35B7.77B9.79B8.86B
Total Liabilities
970.97M2.69B3.23B5.56B7.36B7.7B7.49B7.91B9.79B8.86B
Total Equity
1.47B▲ 0%
3.26B▲ 121.7%
5.98B▲ 83.1%
5.75B▼ 3.9%
5.94B▲ 3.3%
5.88B▼ 0.9%
6.02B▲ 2.4%
5.95B▼ 1.1%
7.4B▲ 24.3%
7.15B▲ 0%
Equity Growth %
116.39%121.71%83.08%-3.86%3.33%-0.93%2.36%-1.14%24.26%72.53%
Equity / Assets (Capital Ratio)
60.26%54.86%64.94%50.83%44.65%43.3%44.57%42.93%43.04%44.66%
Return on Equity (ROE)
9.64%8.54%10.78%6.61%10.7%7.89%13.33%9.94%9.4%4.83%
Book Value per Share
5.6824.0518.4114.7915.1414.9315.4415.2614.6214.34
Tangible BV per Share
5.6824.0518.4114.7915.1414.9315.4415.2614.6214.34
Common Stock
980K2.16M3.92M3.9M3.94M3.92M3.9M3.9M4.99M4.96M
Additional Paid-in Capital
1.45B3.27B5.96B5.94B5.99B5.97B5.92B5.92B7.51B0
Retained Earnings
1.2M-8.48M17.75M-198.44M-56.42M-92.2M93.49M29.4M-119.95M0
Accumulated OCI
18.52M-8.48M00000000
Treasury Stock
0000000000
Preferred Stock
0000000000

OBDC Cash Flow Statement

Blue Owl Capital Corporation (OBDC) cash flow — operating, investing & free cash flow history

MetricDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25TTM
Cash from Operations
-1.33B-3.17B438.24M-1.56B-1.23B423.79M514.37M160.22M1.74B1.08B
Operating CF Growth %
-41.24%-137.64%113.82%-456.04%21.35%134.53%21.37%-68.85%986.99%4078.89%
Net Income
103.74M202.24M498M387.74M624.88M466.36M793.31M594.98M800.36M360.39M
Depreciation & Amortization
0-23.8M017.2M25.82M000-65.74M8.45M
Deferred Taxes
0000000000
Other Non-Cash Items
-1.42B-3.39B-36.19M-2.01B-1.92B-154.82M-255.29M-467.92M994.01M801.28M
Working Capital Changes
-19.57M14.03M-23.57M45.09M40.68M112.25M-23.65M33.16M12.88M-92.97M
Cash from Investing
00-2.97B00-206.52M621.24M001.59B
Purchase of Investments
0-4.72B-4.47B00-2.13B-2.27B-5.54B0-2.22B
Sale/Maturity of Investments
001.51B001.93B2.89B003.81B
Net Investment Activity
0-4.72B-2.97B00-206.52M621.24M-5.54B01.59B
Acquisitions
0000000000
Other Investing
00000005.54B00
Cash from Financing
1.15B3.28B2.72B1.6B1.32B-219.33M-921.04M-305.72M-1.69B-2.73B
Dividends Paid
-28.07M-90.03M-221.11M-453.5M-460.85M-488.42M-613.37M-655.56M-752.52M-767.47M
Share Repurchases
000-150.25M-2.6M-25.96M-34.06M0-148.2M-183.39M
Stock Issued
749.93M1.72B2.49B0000000
Net Stock Activity
749.93M1.72B2.49B-150.25M-2.6M-25.96M-34.06M0-148.2M-183.39M
Debt Issuance (Net)
1000K1000K1000K1000K1000K1000K-1000K1000K-1000K-2M
Other Financing
736.52M1.71B0-63.96M-44.88M00-33.53M-17.79M-1.33M
Net Change in Cash
-189.28M▲ 0%
107.53M▲ 156.8%
189.56M▲ 76.3%
40.75M▼ 78.5%
89.23M▲ 119.0%
-2.06M▼ 102.3%
214.57M▲ 10526.2%
-145.5M▼ 167.8%
54.39M▲ 137.4%
-58.81M▲ 0%
Exchange Rate Effect
0000000000
Cash at Beginning
209.35M20.07M127.6M317.16M357.91M447.14M445.09M659.66M514.16M568.54M
Cash at End
20.07M127.6M317.16M357.91M447.14M445.09M659.66M514.16M568.54M455.4M
Interest Paid
000113.1M166.53M00000
Income Taxes Paid
0000000000
Free Cash Flow
-1.33B▲ 0%
-3.17B▼ 137.6%
438.24M▲ 113.8%
-1.56B▼ 456.0%
-1.23B▲ 21.4%
423.79M▲ 134.5%
514.37M▲ 21.4%
160.22M▼ 68.9%
1.74B▲ 987.0%
1.08B▲ 0%
FCF Growth %
-41.24%-137.64%113.82%-456.04%21.35%134.53%21.37%-68.85%986.99%17448.32%

OBDC Banking Ratios

Blue Owl Capital Corporation (OBDC) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios

Metric201720182019202020212022202320242025TTM
Return on Equity (ROE)
9.64%8.54%10.78%6.61%10.7%7.89%13.33%9.94%9.4%4.83%
Return on Assets (ROA)
5.72%4.82%6.57%3.78%5.08%3.47%5.86%4.35%4.04%2.11%
Net Interest Margin
5.29%4.96%6.16%5.6%5.67%5.74%7.33%6.78%7.29%6.87%
Efficiency Ratio
9.3%6.36%-7.43%-20.71%5.91%7.36%4.21%5.31%2.09%14.05%
Equity / Assets
60.26%54.86%64.94%50.83%44.65%43.3%44.57%42.93%43.04%44.66%
Book Value / Share
5.6824.0518.4114.7915.1414.9315.4415.2614.6214.34
NII Growth
405.07%128.51%91.78%11.67%19.15%3.5%27%-5.05%33.27%13.71%
Dividend Payout
27.06%44.52%44.4%94.91%69.28%104.73%77.32%110.18%119.94%161.66%
Related:OBDC Dividend History·OBDC Revenue History·OBDC Price History·OBDC P/E History·OBDC Financial Ratios·OBDC Institutional Holders

OBDC SEC Filings & Documents

Blue Owl Capital Corporation (OBDC) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

May 6, 2026·SEC

Material company update

Apr 16, 2026·SEC

Material company update

Apr 1, 2026·SEC

10-K Annual Reports

2
FY 2026

Feb 18, 2026·SEC

FY 2025

Feb 19, 2025·SEC

10-Q Quarterly Reports

6
FY 2026

May 6, 2026·SEC

FY 2025

Nov 5, 2025·SEC

FY 2025

Aug 6, 2025·SEC

OBDC Frequently Asked Questions

Blue Owl Capital Corporation (OBDC) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials

Blue Owl Capital Corporation (OBDC) grew revenue by 52.6% over the past year. This is strong growth.

Yes, Blue Owl Capital Corporation (OBDC) is profitable, generating $360.4M in net income for fiscal year 2025 (37.4% net margin).

Dividend & Returns

Yes, Blue Owl Capital Corporation (OBDC) pays a dividend with a yield of 13.68%. This makes it attractive for income-focused investors.

Blue Owl Capital Corporation (OBDC) has a return on equity (ROE) of 9.4%. This is below average, suggesting room for improvement.

Industry Metrics

Blue Owl Capital Corporation (OBDC) has a net interest margin (NIM) of 7.3%. This indicates healthy earnings from lending activities.

Blue Owl Capital Corporation (OBDC) has an efficiency ratio of 2.1%. This is excellent, indicating strong cost control.

What if you invested $1,000 in OBDC back in 2016?

Total return calculator · dividends reinvested · 10+ years of data

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How much would $100/month in OBDC be worth today?

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