(OBDC) Blue Owl Capital - Overview

Sector: Financial Services | Industry: Asset Management | Exchange: NYSE (USA) | Market Cap: 5.588m USD | Total Return: -15.3% in 12m

Direct Lending, Senior Loans, Mezzanine Debt, Equity Investments
Total Rating 23
Safety 24
Buy Signal -1.21
Asset Management
Industry Rotation: -5.1
Market Cap: 5.59B
Avg Turnover: 38.5M
Risk 3d forecast
Volatility23.3%
VaR 5th Pctl4.19%
VaR vs Median9.09%
Reward TTM
Sharpe Ratio-0.81
Rel. Str. IBD23.8
Rel. Str. Peer Group33.5
Character TTM
Beta0.663
Beta Downside0.793
Hurst Exponent0.535
Drawdowns 3y
Max DD23.90%
CAGR/Max DD0.24
CAGR/Mean DD0.90
EPS (Earnings per Share) EPS (Earnings per Share) of OBDC over the last years for every Quarter: "2021-03": 0.26, "2021-06": 0.31, "2021-09": 0.33, "2021-12": 0.35, "2022-03": 0.31, "2022-06": 0.32, "2022-09": 0.37, "2022-12": 0.49, "2023-03": 0.45, "2023-06": 0.48, "2023-09": 0.49, "2023-12": 0.51, "2024-03": 0.47, "2024-06": 0.49, "2024-09": 0.47, "2024-12": 0.47, "2025-03": 0.41, "2025-06": 0.42, "2025-09": 0.3719, "2025-12": 0.3713, "2026-03": 0.319,
EPS CAGR: -0.08%
EPS Trend: -23.3%
Last SUE: -1.53
Qual. Beats: -1
Revenue Revenue of OBDC over the last years for every Quarter: 2021-03: 215.511, 2021-06: 212.378, 2021-09: 212.658, 2021-12: 241.765, 2022-03: 112.422, 2022-06: 39.802, 2022-09: 354.686, 2022-12: 301.851, 2023-03: 316.065, 2023-06: 317.902, 2023-09: 329.318, 2023-12: 311.633, 2024-03: 313.328, 2024-06: 241.722, 2024-09: 269.165, 2024-12: 276.412, 2025-03: 404.354, 2025-06: 298.606, 2025-09: 291.784, 2025-12: 407.894, 2026-03: 311.869,
Rev. CAGR: 73.15%
Rev. Trend: 42.0%
Last SUE: -0.65
Qual. Beats: 0

Warnings

Below Avwap Earnings

Tailwinds

No distinct edge detected

Description: OBDC Blue Owl Capital

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.

Headlines to Watch Out For
  • 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
Piotroski VR‑10 (Strict) 4.0
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 (650.4m): 12.94 < 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 0.61%; Δ 6.31k% > 0.5%)
Asset Turnover: 7.62% > 50% (prev 6.48%; Δ 1.13% > 0%)
Interest Coverage Ratio: 1.17 > 6 (EBITDA TTM 650.4m / Interest Expense TTM 558.4m)
Altman Z'' 0.39
A: 0.04 (Total Current Assets 581.0m - Total Current Liabilities 0.0) / Total Assets 16.02b
B: -0.02 (Retained Earnings -328.0m / Total Assets 16.02b)
C: 0.04 (EBIT TTM 651.0m / Avg Total Assets 17.20b)
D: -0.04 (Book Value of Equity -323.1m / Total Liabilities 8.86b)
Altman-Z'' Score: 0.39 = B
What is the price of OBDC shares? As of May 20, 2026, the stock is trading at USD 11.05 with a total of 3,366,798 shares traded.
Over the past week, the price has changed by -1.07%, over one month by -6.20%, over three months by +0.08% and over the past year by -15.34%.
Is OBDC a buy, sell or hold? 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
What are the forecasts/targets for the OBDC price?
Analysts Target Price 13.5 22%
Blue Owl Capital (OBDC) - Fundamental Data Overview as of 16 May 2026
P/E Trailing = 16.0857
P/E Forward = 8.4104
P/S = 2.9945
P/B = 0.7874
Revenue TTM = 1.31b USD
EBIT TTM = 651.0m USD
EBITDA TTM = 650.4m USD
 Long Term Debt = unknown (none)
 Short Term Debt = unknown (none)
 Debt = 8.45b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 8.42b USD (from netDebt column, last quarter)
Enterprise Value = 14.00b 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 14.00b / FCF TTM 1.08b)
FCF Yield = 7.69% (FCF TTM 1.08b / Enterprise Value 14.00b)
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 14.00b / Total Assets 16.02b)
Interest Expense / Debt = 1.58% (Interest Expense 133.9m / Debt 8.45b)
Taxrate = 2.35% (15.1m / 642.5m)
NOPAT = 635.7m (EBIT 651.0m * (1 - 2.35%))
 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 = 12.94 (Net Debt 8.42b / EBITDA 650.4m)
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 16.02b)
RoE = 4.83% (Net Income TTM 360.4m / Total Stockholder Equity 7.46b)
RoCE = 4.06% (EBIT 651.0m / Capital Employed (Total Assets 16.02b - Current Liab 0.0))
RoIC = 3.76% (NOPAT 635.7m / Invested Capital 16.92b)
WACC = 4.24% (E(5.59b)/V(14.04b) * Re(8.31%) + D(8.45b)/V(14.04b) * Rd(1.58%) * (1-Tc(0.02)))
Discount Rate = 8.31% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 62.93 | Cagr: 11.55%
[DCF] Terminal Value 80.82% ; FCFF base≈1.08b ; Y1≈707.2m ; Y5≈323.4m
[DCF] Fair Price = 3.73 (EV 10.27b - Net Debt 8.42b = Equity 1.85b / Shares 496.3m; r=6.0% [WACC]; 5y FCF grow -40.0% → 3.0% )
EPS Correlation: -23.31 | EPS CAGR: -0.08% | SUE: -1.53 | # QB: -1
Revenue Correlation: 42.05 | Revenue CAGR: 73.15% | SUE: -0.65 | # QB: 0
EPS current Quarter (2026-06-30): EPS=0.32 | Chg30d=-6.87% | Revisions=-50% | Analysts=9
EPS next Quarter (2026-09-30): EPS=0.32 | Chg30d=-5.63% | Revisions=-50% | Analysts=9
EPS current Year (2026-12-31): EPS=1.28 | Chg30d=-5.88% | Revisions=-50% | GrowthEPS=-19.1% | GrowthRev=-14.7%
EPS next Year (2027-12-31): EPS=1.32 | Chg30d=-0.15% | Revisions=+11% | GrowthEPS=+2.8% | GrowthRev=+0.5%
[Analyst] Revisions Ratio: -50%