OBDC Stock Analysis: Blue Owl Capital | NYSE
Asset Management | NYSE, USA | Market Cap: 5.047m USD | 12M Return: -9.6% | US69121K1043 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 36.5M
EPS Trend: -87.1%
Qual. Beats: 1
Rev. Trend: 47.6%
Qual. Beats: 0
Warnings
Tailwinds
No distinct edge detected
Seasonality 7.2 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Blue Owl Capital Corporation (OBDC) is a business development company (BDC) that invests in private debt through direct lending and fund-of-fund structures. Its portfolio includes senior secured, first lien, unitranche, second lien, subordinated, and mezzanine loans, as well as equity-related instruments such as warrants, preferred stock, and common equity. The company targets U.S. middle-market and upper middle-market businesses, with stated investment sizing of $20 million to $250 million and typical maturities of three to ten years.
OBDC focuses on companies with EBITDA between $10 million and $250 million and/or annual revenue between $50 million and $2,500 million, primarily supporting growth initiatives, acquisitions, refinancings, and recapitalizations. As a BDC, the company is structured as a regulated investment company under the Investment Company Act of 1940, a structure that generally requires distribution of the bulk of taxable income to shareholders and positions the firm as a key source of growth capital for mid-sized private companies with limited access to conventional bank financing.
- Direct lending demand rises as middle market M&A activity accelerates
- Net interest income pressured by floating rate exposure and base rate volatility
- Asset management fee revenue grows with private credit fundraising scale
| Net Income: 288.6m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.07 > 0.02 and ΔFCF/TA 2.49 > 1.0 |
| NWC/Revenue: -129.2% < 20% (prev 22.06%; Δ -151.3% < -1%) |
| CFO/TA 0.07 > 3% & CFO 1.15b > Net Income 288.6m |
| Net Debt (5.86b) to EBITDA (676.4m): 8.66 < 3 |
| Current Ratio: 0.18 > 1.5 & < 3 |
| Outstanding Shares: last quarter (495.4m) vs 12m ago -3.07% < -2% |
| Gross Margin: 67.56% > 18% (prev 59.54%; Δ 8.02% > 0.5%) |
| Asset Turnover: 8.63% > 50% (prev 7.18%; Δ 1.45% > 0%) |
| Interest Coverage Ratio: 1.27 > 6 (EBIT TTM 687.9m / Interest Expense TTM 541.7m) |
| A: -0.12 (Total Current Assets 398.9m - Total Current Liabilities 2.22b) / Total Assets 15.4b |
| B: -0.03 (Retained Earnings -415.2m / Total Assets 15.4b) |
| C: 0.04 (EBIT TTM 687.9m / Avg Total Assets 16.4b) |
| D: 0.84 (Book Value of Equity 7.03b / Total Liabilities 8.32b) |
| Altman-Z'' = 0.30 = B |
As of October 08, 2026, the stock is trading at USD 10.02 with a total of 5,117,124 shares traded. Over the past week, the price has changed by -4.48%, over one month by -7.65%, over three months by -4.58% and over the past year by -9.63%.
Current recommended Stop Loss: 9.70 (which is 3.2% or 1.5 ATR below the current price).
Blue Owl Capital has received a consensus analysts rating of 4.46. Therefore, it is recommended to buy OBDC.
- StrongBuy: 8
- Buy: 3
- Hold: 2
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 13.2 | 31.4% |
P/E Trailing = 18.1607
P/E Forward = 8.2988
P/S = 2.9709
P/B = 0.7679
Revenue TTM = 1.41b USD
EBIT TTM = 687.9m USD
EBITDA TTM = 676.4m USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = 6.10b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 5.86b USD (calculated: Debt 6.10b - CCE 237.4m)
Enterprise Value = 10.9b USD (5.05b + Debt 6.10b - CCE 237.4m)
Interest Coverage Ratio = 1.27 (Ebit TTM 687.9m / Interest Expense TTM 541.7m)
EV/FCF = 9.51x (Enterprise Value 10.9b / FCF TTM 1.15b)
FCF Yield = 10.52% (FCF TTM 1.15b / Enterprise Value 10.9b)
FCF Margin = 81.18% (FCF TTM 1.15b / Revenue TTM 1.41b)
Net Margin = 20.43% (Net Income TTM 288.6m / Revenue TTM 1.41b)
Gross Margin = 67.56% ((Revenue TTM 1.41b - Cost of Revenue TTM 458.3m) / Revenue TTM)
Gross Margin QoQ = 69.36% (prev 70.15%)
Tobins Q-Ratio = 0.71 (Enterprise Value 10.9b / Total Assets 15.4b)
Interest Expense / Debt = 8.88% (Interest Expense 541.7m / Debt 6.10b)
Taxrate = 29.40% (120.2m / 408.8m)
NOPAT = 485.7m (EBIT 687.9m * (1 - 29.40%))
Current Ratio = 0.18 (Total Current Assets 398.9m / Total Current Liabilities 2.22b)
Debt / Equity = 0.87 (Debt 6.10b / totalStockholderEquity, last quarter 7.03b)
Debt / EBITDA = 8.66 (Net Debt 5.86b / EBITDA 676.4m)
Debt / FCF = 5.11 (Net Debt 5.86b / FCF TTM 1.15b)
Total Stockholder Equity = 7.30b (last 4 quarters mean from totalStockholderEquity)
RoA = 1.76% (Net Income 288.6m / Total Assets 15.4b)
RoE = 3.95% (Net Income TTM 288.6m / Total Stockholder Equity 7.30b)
RoCE = 5.24% (EBIT 687.9m / Capital Employed (Total Assets 15.4b - Current Liab 2.22b))
RoIC = 3.72% (NOPAT 485.7m / Invested Capital 13.1b)
WACC = 7.14% (E(5.05b)/V(11.1b) * Re(8.20%) + D(6.10b)/V(11.1b) * Rd(8.88%) * (1-Tc(0.29)))
Discount Rate = 8.20% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 83.76 | Cagr: 11.25%
[DCF] Terminal Value 77.97% ; FCFF base≈1.03b ; Y1≈1.19b ; Y5≈1.75b
[DCF] Fair Price = 41.12 (EV 26.3b - Net Debt 5.86b = Equity 20.4b / Shares 496.3m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: -87.13 | EPS CAGR: -10.99% | SUE: 0.98 | # QB: 1
Revenue Correlation: 47.55 | Revenue CAGR: 4.01% | SUE: 0.05 | # QB: 0
EPS current Quarter (2026-09-30): EPS=0.33 | Chg30d=+0.00% | Revisions=+50% | Analysts=13
EPS current Year (2026-12-31): EPS=1.32 | Chg30d=+0.00% | Revisions=+67% | GrowthEPS=-16.6% | GrowthRev=-15.4%
EPS next Year (2027-12-31): EPS=1.31 | Chg30d=+0.00% | Revisions=-57% | GrowthEPS=-0.8% | GrowthRev=-1.0%
[Analyst] Revisions Ratio: +31% (up=9, down=4)