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OBDC logoBlue Owl Capital Corporation(OBDC)Earnings, Financials & Key Ratios

OBDC•NYSE•Banking & Credit
$11.41
$5.67B mkt cap·9.2× P/E·Price updated May 7, 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%
  • Tangible BV/Share14.62-4.2%
  • Debt/Equity1.26+0.4%
Technical→

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 0.8x 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.

OBDC Price & Volume

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

Loading chart...

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-16.97%

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
EPS
$0.31
Est $0.35
-11.4%
Revenue
$397M
Est $422M
-6.0%
Q1 2026
Feb 18, 2026
EPS
$0.36
Est $0.35
+2.9%
Revenue
$448M
Est $447M
+0.2%
Q4 2025
Nov 5, 2025
EPS
$0.36
Est $0.39
-7.7%
Revenue
$292M
Est $454M
-35.8%
Q3 2025
Aug 6, 2025
EPS
$0.40
Est $0.39
+2.6%
Revenue
$507M
Est $480M
+5.5%
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
CompanyMarket CapStock PriceP/E Ratio (TTM)Revenue Growth 1YNet MarginReturn on Equity (ROE)FCF YieldDebt / Equity
ARCC logoARCCAres Capital CorporationDirect Competitor13.61B18.9610.1932.87%8.11%1.12
FSK logoFSKFS KKR Capital Corp.Direct Competitor3.06B10.94278.375.5%0.18%1.31
GBDC logoGBDCGolub Capital BDC, Inc.Direct Competitor3.43B13.159.2642.5%5.24%1.23
MFIC logoMFICMidCap Financial Investment CorporationDirect Competitor1.09B11.8517.4221.25%2.51%1.53
TPVG logoTPVGTriplePoint Venture Growth BDC Corp.Direct Competitor242.54M5.994.9136.55%-3.39%1.33
CGBD logoCGBDCarlyle Secured Lending, Inc.Direct Competitor858.8M11.787.46-2.92%6.2%1.07
PSEC logoPSECProspect Capital CorporationProduct Competitor1.34B2.75-2.04-159.23%-2.79%0.70
HTGC logoHTGCHercules Capital, Inc.Product Competitor3.07B16.408.8626.97%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
Line itemDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25TTM
Net Interest Income129.28M295.42M566.54M632.66M753.82M780.2M990.82M940.77M1.25B837.32M
NII Growth %405.07%128.51%91.78%11.67%19.15%3.5%27%-5.05%33.27%-44.08%
Net Interest Margin %5.29%4.96%6.16%5.6%5.67%5.74%7.33%6.78%7.29%5.23%
Interest Income151.25M366.86M691.85M769.04M946.47M1.05B1.4B1.38B1.85B1.55B
Interest Expense21.96M71.44M125.31M136.39M192.65M273.13M410.59M434.88M595.75M558.86M
Loan Loss Provision00000000-181.37M-176.87M
Non-Interest Income-12.48M-73.43M-109.8M-330.13M-64.16M-244.57M-126.49M-275.02M-172.25M-212.98M
Non-Interest Income %-8.99%-25.02%-18.86%-75.21%-7.27%-30.24%-9.92%-24.99%-10.26%-15.88%
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%
1.34B▲ 0%
Revenue Growth %410.23%111.46%98.36%-24.59%101.02%-8.34%57.64%-13.67%52.55%64.21%
Non-Interest Expense12.9M18.65M-43.24M-90.92M52.16M59.5M53.65M58.41M35.1M312.81M
Efficiency Ratio9.3%6.36%-7.43%-20.71%5.91%7.36%4.21%5.31%2.09%23.33%
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%
700.26M▲ 0%
Operating Margin %74.87%69.3%85.9%89.64%72.25%58.87%63.59%55.18%73.23%52.23%
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%
556.17M▲ 0%
Pretax Margin %74.87%69.3%85.9%89.64%72.25%58.87%63.59%55.18%38.27%41.48%
Income Tax158K1.09M1.98M5.71M12.61M9.77M17.36M12.36M15.09M12.22M
Effective Tax Rate %0.15%0.54%0.4%1.45%1.98%2.05%2.14%2.03%2.35%2.2%
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%
543.94M▲ 0%
Net Margin %74.76%68.92%85.56%88.34%70.82%57.66%62.22%54.06%37.37%40.57%
Net Income Growth %523.55%94.95%146.24%-22.14%61.16%-25.37%70.11%-25%5.45%-16.97%
Net Income (Continuing)103.74M202.24M498M387.74M624.88M466.36M793.31M594.98M627.41M543.94M
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%
1.09▲ 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 Outstanding259.2M135.73M324.63M388.65M392.3M394.01M390.1M390.07M506.1M498.9M

OBDC Balance Sheet

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

Line itemDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25TTM
Cash & Short Term Investments17.43M121.59M309.57M349.07M425.66M348.67M572.59M431.77M9.84M619.21M
Cash & Due from Banks17.43M121.59M309.57M349.07M425.66M348.67M572.59M431.77M9.84M39.29M
Short Term Investments0000000000
Total Investments65.6M86.62M89.53M272.38M00013.19B16.47B15.34B
Investments Growth %-93.22%32.05%3.35%204.25%-100%---24.83%0%
Long-Term Investments65.6M86.62M89.53M272.38M00013.19B16.47B16.47B
Accounts Receivables32.39M37.78M69.36M65.77M85.67M125.79M135.24M122.85M104.58M100.47M
Goodwill & Intangibles0000000000
Goodwill0000000000
Intangible Assets0000000000
PP&E (Net)0000000000
Other Assets2.33B5.7B8.72B10.58B12.76B13.11B12.8B82.39M15.51M0
Total Current Assets51.15M160.96M396.81M453.44M535.05M478.09M710.98M588.63M699.96M139.76M
Total Non-Current Assets2.39B5.78B8.81B10.85B12.76B13.11B12.8B13.28B16.49B0
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%3.19%
Accounts Payable33.55M81.53M137.25M152.09M122.07M129.52M136.41M144.38M00
Total Debt919.43M2.57B3.04B5.29B7.08B7.28B7.08B7.46B9.3B0
Net Debt902M2.45B2.73B4.94B6.65B6.93B6.5B7.03B9.29B-39.29M
Long-Term Debt919.43M2.57B3.04B5.29B7.08B7.28B7.08B7.46B9.3B0
Short-Term Debt0000000000
Other Liabilities17.99M36.95M50.86M113.11M158.9M291.19M276.51M310.64M489.01M8.86B
Total Current Liabilities33.55M81.53M137.25M152.09M122.07M129.52M136.41M144.38M00
Total Non-Current Liabilities937.42M2.6B3.09B5.41B7.24B7.57B7.35B7.77B9.79B8.86B
Total Liabilities970.97M2.69B3.23B5.56B7.36B7.7B7.49B7.91B9.79B8.86B
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%7.29%
Book Value per Share5.6824.0518.4114.7915.1414.9315.4415.2614.6214.34
Tangible BV per Share5.6824.0518.4114.7915.1414.9315.4415.2614.6214.34
Common Stock980K2.16M3.92M3.9M3.94M3.92M3.9M3.9M4.99M4.96M
Additional Paid-in Capital1.45B3.27B5.96B5.94B5.99B5.97B5.92B5.92B7.51B0
Retained Earnings1.2M-8.48M17.75M-198.44M-56.42M-92.2M93.49M29.4M-119.95M0
Accumulated OCI18.52M-8.48M00000000
Treasury Stock0000000000
Preferred Stock0000000000

OBDC Cash Flow Statement

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

Line itemDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25TTM
Cash from Operations-1.33B-3.17B438.24M-1.56B-1.23B423.79M514.37M160.22M1.74B1.74B
Operating CF Growth %-41.24%-137.64%113.82%-456.04%21.35%134.53%21.37%-68.85%986.99%4437.6%
Net Income103.74M202.24M498M387.74M624.88M466.36M793.31M594.98M800.36M543.94M
Depreciation & Amortization0-23.8M017.2M25.82M000-65.74M2.67M
Deferred Taxes0000000000
Other Non-Cash Items-1.42B-3.39B-36.19M-2.01B-1.92B-154.82M-255.29M-467.92M994.01M1.64B
Working Capital Changes-19.57M14.03M-23.57M45.09M40.68M112.25M-23.65M33.16M12.88M49.26M
Cash from Investing00-2.97B00-206.52M621.24M0055.26M
Purchase of Investments0-4.72B-4.47B00-2.13B-2.27B-5.54B0-2.22B
Sale/Maturity of Investments001.51B001.93B2.89B002.28B
Net Investment Activity0-4.72B-2.97B00-206.52M621.24M-5.54B055.26M
Acquisitions0000000000
Other Investing00000005.54B00
Cash from Financing1.15B3.28B2.72B1.6B1.32B-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-625.42M
Share Repurchases000-150.25M-2.6M-25.96M-34.06M0-148.2M-183.39M
Stock Issued749.93M1.72B2.49B0000000
Net Stock Activity749.93M1.72B2.49B-150.25M-2.6M-25.96M-34.06M0-148.2M-183.39M
Debt Issuance (Net)1000K1000K1000K1000K1000K1000K-1000K1000K-1000K-1000K
Other Financing736.52M1.71B0-63.96M-44.88M00-33.53M-17.79M-1.04B
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 Effect0000000000
Cash at Beginning209.35M20.07M127.6M317.16M357.91M447.14M445.09M659.66M514.16M568.54M
Cash at End20.07M127.6M317.16M357.91M447.14M445.09M659.66M514.16M568.54M455.4M
Interest Paid000113.1M166.53M00000
Income Taxes Paid0000000000
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%
2.07B▲ 0%
FCF Growth %-41.24%-137.64%113.82%-456.04%21.35%134.53%21.37%-68.85%986.99%33494.59%

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%7.29%
Return on Assets (ROA)5.72%4.82%6.57%3.78%5.08%3.47%5.86%4.35%4.04%3.19%
Net Interest Margin5.29%4.96%6.16%5.6%5.67%5.74%7.33%6.78%7.29%5.23%
Efficiency Ratio9.3%6.36%-7.43%-20.71%5.91%7.36%4.21%5.31%2.09%23.33%
Equity / Assets60.26%54.86%64.94%50.83%44.65%43.3%44.57%42.93%43.04%44.66%
Book Value / Share5.6824.0518.4114.7915.1414.9315.4415.2614.6214.34
NII Growth405.07%128.51%91.78%11.67%19.15%3.5%27%-5.05%33.27%-13.46%
Dividend Payout27.06%44.52%44.4%94.91%69.28%104.73%77.32%110.18%119.94%107.11%

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 $543.9M 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 13.04%. 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.

Explore More OBDC

Blue Owl Capital Corporation (OBDC) financial analysis — history, returns, DCA and operating performance tools

Total Return Calculator

Historical returns with dividends reinvested

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DCA Calculator

Dollar cost averaging vs lump sum

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Dividend History

Yield, growth, payout safety & DRIP

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Earnings History

EPS trends, net income & profitability

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Price History

Long-term charts & historical price data

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Revenue History

Sales growth patterns & revenue breakdown

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Financial Ratios

30 years of market, efficiency and balance-sheet ratios

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Valuation

DCF intrinsic value, peer multiples & estimates

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