(OBDC) Blue Owl Capital - Overview
Sector: Financial Services | Industry: Asset Management | Exchange: NYSE (USA) | Market Cap: 5.588m USD | Total Return: -12.5% in 12m
Avg Turnover: 37.8M
EPS Trend: -65.1%
Qual. Beats: -1
Rev. Trend: 18.1%
Qual. Beats: 0
Warnings
Below Avwap Earnings
Tailwinds
No distinct edge detected
Blue Owl Capital Corporation (OBDC) is a business development company (BDC) focused on direct lending to middle and upper-middle market firms in the United States. The fund concentrates its capital deployment on senior secured loans, unitranche facilities, and mezzanine debt, while selectively participating in equity-related securities such as warrants and preferred stock.
The company targets investments in businesses generating annual EBITDA between $10 million and $250 million, typically funding growth initiatives, acquisitions, or recapitalizations. BDCs like OBDC are legally required to distribute at least 90% of their taxable income to shareholders, a structure designed to provide retail investors access to private credit markets. These private debt instruments often feature floating interest rates, which can serve as a hedge against rising rate environments.
Investment sizes generally range from $20 million to $250 million with typical maturities spanning three to ten years. Investors can further examine these portfolio metrics and yield profiles on ValueRay. This strategy allows the firm to maintain a diversified credit portfolio across various industrial sectors while prioritizing capital preservation through high-priority lien positions.
- Higher interest rates drive net investment income via floating rate loan portfolio
- Credit quality of middle market borrowers impacts net asset value and loss reserves
- Transaction volume in private equity sponsor activity dictates new investment deployment
- Dividend payout ratios and supplemental distributions influence investor total return profiles
- Competition in direct lending markets compresses yields on senior secured loan originations
| Net Income: 360.4m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.07 > 0.02 and ΔFCF/TA 6.76 > 1.0 |
| NWC/Revenue: 44.35% < 20% (prev 35.16%; Δ 9.19% < -1%) |
| CFO/TA 0.07 > 3% & CFO 1.08b > Net Income 360.4m |
| Net Debt (8.42b) to EBITDA (612.3m): 13.74 < 3 |
| Current Ratio: error (cannot be calculated; needs correct Total Current Assets and Liabilities) |
| Outstanding Shares: last quarter (498.9m) vs 12m ago 0.82% < -2% |
| Gross Margin: 63.74% > 18% (prev 60.84%; Δ 2.90% > 0.5%) |
| Asset Turnover: 7.62% > 50% (prev 6.48%; Δ 1.13% > 0%) |
| Interest Coverage Ratio: 1.17 > 6 (EBIT TTM 651.0m / Interest Expense TTM 558.4m) |
| A: 0.04 (Total Current Assets 581.0m - Total Current Liabilities 0.0) / Total Assets 16.0b |
| B: -0.02 (Retained Earnings -328.0m / Total Assets 16.0b) |
| C: 0.04 (EBIT TTM 651.0m / Avg Total Assets 17.2b) |
| D: 0.81 (Book Value of Equity 7.15b / Total Liabilities 8.86b) |
| Altman-Z'' = 1.27 = BB |
As of June 03, 2026, the stock is trading at USD 11.21 with a total of 3,397,341 shares traded.
Over the past week, the price has changed by +0.18%,
over one month by -5.00%,
over three months by +0.64% and
over the past year by -12.45%.
Blue Owl Capital has received a consensus analysts rating of 4.33. Therefore, it is recommended to buy OBDC.
- StrongBuy: 7
- Buy: 2
- Hold: 3
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 13.3 | 18.7% |
P/E Trailing = 16.0857
P/E Forward = 8.7951
P/S = 3.1335
P/B = 0.7812
Revenue TTM = 1.31b USD
EBIT TTM = 651.0m USD
EBITDA TTM = 612.3m USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = 8.45b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 8.42b USD (calculated: Debt 8.45b - CCE 39.3m)
Enterprise Value = 14.0b USD (5.59b + Debt 8.45b - CCE 39.3m)
Interest Coverage Ratio = 1.17 (Ebit TTM 651.0m / Interest Expense TTM 558.4m)
EV/FCF = 13.00x (Enterprise Value 14.0b / FCF TTM 1.08b)
FCF Yield = 7.69% (FCF TTM 1.08b / Enterprise Value 14.0b)
FCF Margin = 82.22% (FCF TTM 1.08b / Revenue TTM 1.31b)
Net Margin = 27.51% (Net Income TTM 360.4m / Revenue TTM 1.31b)
Gross Margin = 63.74% ((Revenue TTM 1.31b - Cost of Revenue TTM 475.1m) / Revenue TTM)
Gross Margin QoQ = 70.15% (prev 74.98%)
Tobins Q-Ratio = 0.87 (Enterprise Value 14.0b / Total Assets 16.0b)
Interest Expense / Debt = 6.61% (Interest Expense 558.4m / Debt 8.45b)
Taxrate = 3.10% (11.5m / 371.9m)
NOPAT = 630.9m (EBIT 651.0m * (1 - 3.10%))
Current Ratio = unknown (Total Current Assets 581.0m / Total Current Liabilities 0.0)
Debt / Equity = 1.18 (Debt 8.45b / totalStockholderEquity, last quarter 7.15b)
Debt / EBITDA = 13.74 (Net Debt 8.42b / EBITDA 612.3m)
Debt / FCF = 7.81 (Net Debt 8.42b / FCF TTM 1.08b)
Total Stockholder Equity = 7.46b (last 4 quarters mean from totalStockholderEquity)
RoA = 2.10% (Net Income 360.4m / Total Assets 16.0b)
RoE = 4.83% (Net Income TTM 360.4m / Total Stockholder Equity 7.46b)
RoCE = 4.06% (EBIT 651.0m / Capital Employed (Total Assets 16.0b - Current Liab 0.0))
RoIC = 4.07% (EBIT 651.0m / (Assets 16.0b - Curr.Liab 0.0 - Cash 39.3m))
WACC = 7.18% (E(5.59b)/V(14.0b) * Re(8.35%) + D(8.45b)/V(14.0b) * Rd(6.61%) * (1-Tc(0.03)))
Discount Rate = 8.35% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 62.93 | Cagr: 11.55%
[DCF] Terminal Value 75.44% ; FCFF base≈1.08b ; Y1≈1.08b ; Y5≈1.15b
[DCF] Fair Price = 18.95 (EV 17.8b - Net Debt 8.42b = Equity 9.41b / Shares 496.3m; r=8.35% [WACC [floored]]; 5y FCF grow 0.0% → 2.50% )
EPS Correlation: -65.09 | EPS CAGR: -6.33% | SUE: -1.89 | # QB: -1
Revenue Correlation: 18.09 | Revenue CAGR: 1.32% | SUE: -0.65 | # QB: 0
EPS current Quarter (2026-06-30): EPS=0.32 | Chg30d=-7.49% | Revisions=-67% | Analysts=10
EPS next Quarter (2026-09-30): EPS=0.32 | Chg30d=-6.69% | Revisions=-67% | Analysts=10
EPS current Year (2026-12-31): EPS=1.28 | Chg30d=-6.82% | Revisions=-67% | GrowthEPS=-18.9% | GrowthRev=-15.1%
EPS next Year (2027-12-31): EPS=1.32 | Chg30d=-0.37% | Revisions=+0% | GrowthEPS=+2.6% | GrowthRev=+1.0%
[Analyst] Revisions Ratio: -67%