(OBDC) Blue Owl Capital - Ratings and Ratios

Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US69121K1043

Senior Secured, Unitranche, Second Lien, Subordinated, Preferred Equity

Stock: Asset Management & Custody Banks
Age 6.5y

MCap 6,444m
Avg Vol 4.15M (51.5M USD)

Beta 0.831
Volatility 19.25%

EPS (Earnings per Share)

EPS CAGR: -42.06%
EPS Trend: -23.5%

Last SUE: -4.00
Qual. Beats: 0

Revenue

Rev. CAGR: 5.14%
Rev. Trend: 44.5%

Last SUE: -0.97
Qual. Beats: 0

Dividends

Dividend Yield	11.51%
Yield on Cost 5y	20.34%
Yield CAGR 5y	5.91%
Payout Consistency	95.8%
Payout Ratio	67.6%

Risk via 5d forecast
Volatility	19.3%
Value at Risk 5%th	31.8%
Relative Tail Risk	0.56%

Reward TTM
Sharpe Ratio	-0.28
Alpha	-18.58
CAGR/Max DD	0.57

Character TTM
Hurst Exponent	0.681
Beta	0.831
Beta Downside	0.913

Drawdowns 3y
Max DD	19.83%
Mean DD	4.76%
Median DD	3.94%

Description: OBDC Blue Owl Capital January 07, 2026

Blue Owl Capital Corporation (NYSE: OBDC) operates as a Business Development Company (BDC) that focuses on direct-lending and fund-of-fund strategies. Its investment mandate covers senior secured loans, unitranche and second-lien term loans, mezzanine debt, as well as equity-linked securities such as warrants, preferred stock, and common equity. Within private-equity, the firm targets growth-capital, acquisition, expansion, refinancing, and recapitalization opportunities in U.S. middle-market and upper-middle-market companies, typically with EBITDA of $10 M–$250 M and revenue of $50 M–$2.5 B. Deal sizes range from $20 M to $250 M, with maturities of three to ten years.

**Key market context (as of Q4 2023):**
• AUM stood at roughly $13 B, with a net asset value (NAV) yield of ~8.5%-above the BDC median of ~7% but sensitive to credit-spread widening.
• U.S. middle-market loan demand is being driven by a 4.2% YoY increase in corporate refinancing activity, reflecting higher leverage ratios and the need to lock in rates before further Federal Reserve tightening.
• The sector’s performance is closely linked to the health of the U.S. manufacturing and business services segments, which together account for ~45% of the target addressable market; a slowdown in these industries would likely compress deal flow and pricing.

For a deeper, data-rich view of Blue Owl’s risk-adjusted returns and how they compare to peers, you might explore the analytics platform ValueRay for additional insights.

Piotroski VR‑10 (Strict, 0-10) 5.0

YES: Net Income (663.2m TTM) > 0 and > 6% of Revenue (6% = 76.3m TTM)
YES: FCFTA 0.06 (>2.0%) and ΔFCFTA 6.63pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)
YES: NWC/Revenue 17.50% (prev 39.12%; Δ -21.62pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)
YES: CFO/TA 0.06 (>3.0%) and CFO 1.01b > Net Income 663.2m (YES >=105%, WARN >=100%)
NO: Net Debt (9.25b) to EBITDA (675.5m) ratio: 13.70 <= 3.0 (WARN <= 3.5)
YES: Current Ratio 2.12 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)
NO: Outstanding Shares last Quarter (511.0m) change vs 12m ago 30.97% (target <= -2.0% for YES)
NO: Gross Margin 58.40% (prev 61.83%; Δ -3.43pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)
NO: Asset Turnover 8.02% (prev 8.06%; Δ -0.04pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)
NO: Interest Coverage Ratio -0.50 (EBITDA TTM 675.5m / Interest Expense TTM 528.8m) >= 6 (WARN >= 3)

Altman Z'' (< 1.1 .. > 2.6) -0.05

WARN: (A) 0.01 = (Total Current Assets 421.5m - Total Current Liabilities 199.1m) / Total Assets 17.61b
NO: (B) -0.00 = Retained Earnings (Balance) -67.0m / Total Assets 17.61b
NO: (C) -0.02 = EBIT TTM -262.3m / Avg Total Assets 15.85b
NO: (D) -0.01 = Book Value of Equity -61.8m / Total Liabilities 9.99b
NO: Total Rating: -0.05 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 55.37

WARN: 1. Piotroski 5.0pt
YES: 2. FCF Yield 6.41%
YES: 3. FCF Margin 79.21%
WARN: 4. Debt/Equity 1.25
NO: 5. Debt/Ebitda 13.70
NO: 6. ROIC - WACC (= -6.02)%
WARN: 7. RoE 9.15%
WARN: 8. Rev. Trend 44.47%
NO: 9. EPS Trend -23.54%

What is the price of OBDC shares?

As of January 22, 2026, the stock is trading at USD 12.64 with a total of 2,857,453 shares traded.
Over the past week, the price has changed by -0.32%, over one month by +2.82%, over three months by +0.44% and over the past year by -5.06%.

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.

Strong Buy: 7
Buy: 2
Hold: 3
Sell: 0
Strong Sell: 0

What are the forecasts/targets for the OBDC price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	14.5	14.7%
Analysts Target Price	14.5	14.7%
ValueRay Target Price	15.2	20.3%

OBDC Fundamental Data Overview January 18, 2026

P/E Trailing = 8.9433
P/E Forward = 9.1408
P/S = 3.5843
P/B = 0.8467
Revenue TTM = 1.27b USD
EBIT TTM = -262.3m USD
EBITDA TTM = 675.5m USD
Long Term Debt = unknown (none)
Short Term Debt = 499.9m USD (from shortTermDebt, two quarters ago)
Debt = 9.53b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 9.25b USD (from netDebt column, last quarter)
Enterprise Value = 15.70b USD (6.44b + Debt 9.53b - CCE 274.3m)
Interest Coverage Ratio = -0.50 (Ebit TTM -262.3m / Interest Expense TTM 528.8m)
EV/FCF = 15.59x (Enterprise Value 15.70b / FCF TTM 1.01b)
FCF Yield = 6.41% (FCF TTM 1.01b / Enterprise Value 15.70b)
FCF Margin = 79.21% (FCF TTM 1.01b / Revenue TTM 1.27b)
Net Margin = 52.17% (Net Income TTM 663.2m / Revenue TTM 1.27b)
Gross Margin = 58.40% ((Revenue TTM 1.27b - Cost of Revenue TTM 528.8m) / Revenue TTM)
Gross Margin QoQ = 51.96% (prev 53.19%)
Tobins Q-Ratio = 0.89 (Enterprise Value 15.70b / Total Assets 17.61b)
Interest Expense / Debt = 1.47% (Interest Expense 140.2m / Debt 9.53b)
Taxrate = 3.45% (4.58m / 132.8m)
NOPAT = -253.3m (EBIT -262.3m * (1 - 3.45%)) [loss with tax shield]
Current Ratio = 2.12 (Total Current Assets 421.5m / Total Current Liabilities 199.1m)
Debt / Equity = 1.25 (Debt 9.53b / totalStockholderEquity, last quarter 7.61b)
Debt / EBITDA = 13.70 (Net Debt 9.25b / EBITDA 675.5m)
Debt / FCF = 9.19 (Net Debt 9.25b / FCF TTM 1.01b)
Total Stockholder Equity = 7.25b (last 4 quarters mean from totalStockholderEquity)
RoA = 4.18% (Net Income 663.2m / Total Assets 17.61b)
RoE = 9.15% (Net Income TTM 663.2m / Total Stockholder Equity 7.25b)
RoCE = -1.51% (EBIT -262.3m / Capital Employed (Total Assets 17.61b - Current Liab 199.1m))
RoIC = -1.55% (negative operating profit) (NOPAT -253.3m / Invested Capital 16.34b)
WACC = 4.47% (E(6.44b)/V(15.97b) * Re(8.98%) + D(9.53b)/V(15.97b) * Rd(1.47%) * (1-Tc(0.03)))
Discount Rate = 8.98% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -81.65 | Cagr: -0.51%
[DCF Debug] Terminal Value 80.82% ; FCFF base≈1.01b ; Y1≈661.0m ; Y5≈301.6m
Fair Price DCF = 0.69 (EV 9.61b - Net Debt 9.25b = Equity 354.9m / Shares 511.0m; r=5.90% [WACC]; 5y FCF grow -40.0% → 2.90% )
[DCF Warning] FCF declining rapidly (-40.0%), DCF may be unreliable
EPS Correlation: -23.54 | EPS CAGR: -42.06% | SUE: -4.0 | # QB: 0
Revenue Correlation: 44.47 | Revenue CAGR: 5.14% | SUE: -0.97 | # QB: 0
EPS next Quarter (2026-03-31): EPS=0.36 | Chg30d=-0.006 | Revisions Net=-2 | Analysts=12
EPS next Year (2026-12-31): EPS=1.41 | Chg30d=-0.022 | Revisions Net=-1 | Growth EPS=-8.7% | Growth Revenue=-3.0%

Additional Sources for OBDC Stock

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