(OBDC) Blue Owl Capital - Ratings and Ratios
Senior Secured Loans, Mezzanine Debt, Preferred Equity, Unitranche, Equity Warrants
EPS (Earnings per Share)
Revenue
| Risk via 10d forecast | |
|---|---|
| Volatility | 17.2% |
| Value at Risk 5%th | 28.3% |
| Relative Tail Risk | -0.14% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | -0.56 |
| Alpha | -20.42 |
| Character TTM | |
|---|---|
| Hurst Exponent | 0.651 |
| Beta | 0.791 |
| Beta Downside | 0.903 |
| Drawdowns 3y | |
|---|---|
| Max DD | 19.83% |
| Mean DD | 4.43% |
| Median DD | 3.65% |
Description: OBDC Blue Owl Capital November 04, 2025
Blue Owl Capital Corporation (NYSE: OBDC) operates as a Business Development Company (BDC) that focuses on direct and fund-of-fund investments across the private credit and private equity spectrum. Its credit strategy includes senior secured, first-lien, unitranche, and second-lien term loans, as well as unsecured, subordinated, and mezzanine debt, while its equity side encompasses warrants, preferred stock, and common equity positions.
Within private equity, Blue Owl targets growth-stage and acquisition-driven opportunities, emphasizing market or product expansion, refinancing, and recapitalization transactions. The firm concentrates on middle-market and upper-middle-market U.S. companies with EBITDA ranging from $10 million to $250 million (or revenue between $50 million and $2.5 billion) at the time of investment.
Typical investment sizes are $20 million to $250 million, with maturities of three to ten years, allowing the BDC to balance yield generation with manageable credit risk.
**Key industry context:** The private credit market has expanded to roughly $1.5 trillion in the United States, driven by banks’ de-leveraging and heightened demand for flexible financing solutions. Rising interest rates have compressed traditional loan spreads, making senior secured and unitranche structures more attractive for yield-seeking investors.
**Recent performance metrics:** As of the latest filing, Blue Owl reported assets under management of approximately $12.4 billion, a net asset value (NAV) growth of 8 % year-over-year, and a portfolio weighted average credit rating of B-, reflecting a disciplined risk profile amid a tightening monetary environment.
**Economic driver to watch:** Corporate cash-flow resilience in the middle-market segment remains a critical determinant of default rates; a slowdown in U.S. consumer spending could pressure EBITDA targets and affect loan performance.
For a deeper quantitative look at OBDC’s risk-adjusted returns, you might explore the analytics on ValueRay.
OBDC Stock Overview
| Market Cap in USD | 6,112m |
| Sub-Industry | Asset Management & Custody Banks |
| IPO / Inception | 2019-07-18 |
| Return 12m vs S&P 500 | -20.1% |
| Analyst Rating | 4.33 of 5 |
OBDC Dividends
| Metric | Value |
|---|---|
| Dividend Yield | 13.38% |
| Yield on Cost 5y | 20.00% |
| Yield CAGR 5y | 14.24% |
| Payout Consistency | 100.0% |
| Payout Ratio | 46.1% |
OBDC Growth Ratios
| Metric | Value |
|---|---|
| CAGR 3y | 8.85% |
| CAGR/Max DD Calmar Ratio | 0.45 |
| CAGR/Mean DD Pain Ratio | 2.00 |
| Current Volume | 10220k |
| Average Volume | 5098.5k |
Piotroski VR‑10 (Strict, 0-10) 5.0
| Net Income (725.1m TTM) > 0 and > 6% of Revenue (6% = 83.0m TTM) |
| FCFTA 0.08 (>2.0%) and ΔFCFTA 6.84pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue -14.71% (prev 39.12%; Δ -53.82pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.08 (>3.0%) and CFO 1.36b > Net Income 725.1m (YES >=105%, WARN >=100%) |
| Net Debt (9.21b) to EBITDA (736.0m) ratio: 12.51 <= 3.0 (WARN <= 3.5) |
| Current Ratio 0.35 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (511.0m) change vs 12m ago 30.97% (target <= -2.0% for YES) |
| Gross Margin 71.89% (prev 61.83%; Δ 10.07pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 8.72% (prev 8.06%; Δ 0.66pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio -0.49 (EBITDA TTM 736.0m / Interest Expense TTM 539.6m) >= 6 (WARN >= 3) |
Altman Z'' -0.21
| (A) -0.01 = (Total Current Assets 109.5m - Total Current Liabilities 312.8m) / Total Assets 17.61b |
| (B) -0.00 = Retained Earnings (Balance) -67.0m / Total Assets 17.61b |
| (C) -0.02 = EBIT TTM -262.3m / Avg Total Assets 15.85b |
| (D) -0.01 = Book Value of Equity -61.8m / Total Liabilities 9.99b |
| Total Rating: -0.21 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 52.67
| 1. Piotroski 5.0pt |
| 2. FCF Yield 8.73% |
| 3. FCF Margin 98.69% |
| 4. Debt/Equity 1.25 |
| 5. Debt/Ebitda 12.51 |
| 6. ROIC - WACC (= -6.02)% |
| 7. RoE 10.01% |
| 8. Rev. Trend 23.72% |
| 9. EPS Trend -70.93% |
What is the price of OBDC shares?
Over the past week, the price has changed by +0.59%, over one month by -5.28%, over three months by -12.41% and over the past year by -10.66%.
Is OBDC a buy, sell or hold?
- 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 | 15 | 24.4% |
| Analysts Target Price | 15 | 24.4% |
| ValueRay Target Price | 13.7 | 13.6% |
OBDC Fundamental Data Overview November 15, 2025
P/E Trailing = 8.4823
P/E Forward = 8.5397
P/S = 3.3995
P/B = 0.803
Beta = 0.675
Revenue TTM = 1.38b USD
EBIT TTM = -262.3m USD
EBITDA TTM = 736.0m 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 = 9.21b USD (from netDebt column, last quarter)
Enterprise Value = 15.64b USD (6.11b + Debt 9.53b - CCE 4.12m)
Interest Coverage Ratio = -0.49 (Ebit TTM -262.3m / Interest Expense TTM 539.6m)
FCF Yield = 8.73% (FCF TTM 1.36b / Enterprise Value 15.64b)
FCF Margin = 98.69% (FCF TTM 1.36b / Revenue TTM 1.38b)
Net Margin = 52.44% (Net Income TTM 725.1m / Revenue TTM 1.38b)
Gross Margin = 71.89% ((Revenue TTM 1.38b - Cost of Revenue TTM 388.6m) / Revenue TTM)
Gross Margin QoQ = 100.0% (prev 53.19%)
Tobins Q-Ratio = 0.89 (Enterprise Value 15.64b / Total Assets 17.61b)
Interest Expense / Debt = 1.58% (Interest Expense 151.0m / Debt 9.53b)
Taxrate = 1.60% (3.09m / 193.2m)
NOPAT = -258.1m (EBIT -262.3m * (1 - 1.60%)) [loss with tax shield]
Current Ratio = 0.35 (Total Current Assets 109.5m / Total Current Liabilities 312.8m)
Debt / Equity = 1.25 (Debt 9.53b / totalStockholderEquity, last quarter 7.61b)
Debt / EBITDA = 12.51 (Net Debt 9.21b / EBITDA 736.0m)
Debt / FCF = 6.75 (Net Debt 9.21b / FCF TTM 1.36b)
Total Stockholder Equity = 7.25b (last 4 quarters mean from totalStockholderEquity)
RoA = 4.12% (Net Income 725.1m / Total Assets 17.61b)
RoE = 10.01% (Net Income TTM 725.1m / Total Stockholder Equity 7.25b)
RoCE = -1.52% (EBIT -262.3m / Capital Employed (Total Assets 17.61b - Current Liab 312.8m))
RoIC = -1.58% (negative operating profit) (NOPAT -258.1m / Invested Capital 16.34b)
WACC = 4.44% (E(6.11b)/V(15.64b) * Re(8.93%) + D(9.53b)/V(15.64b) * Rd(1.58%) * (1-Tc(0.02)))
Discount Rate = 8.93% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 14.46%
[DCF Debug] Terminal Value 66.55% ; FCFE base≈870.0m ; Y1≈571.2m ; Y5≈261.2m
Fair Price DCF = 8.70 (DCF Value 4.45b / Shares Outstanding 511.0m; 5y FCF grow -40.0% → 3.0% )
EPS Correlation: -70.93 | EPS CAGR: -9.54% | SUE: -1.66 | # QB: 0
Revenue Correlation: 23.72 | Revenue CAGR: 11.12% | SUE: -0.35 | # QB: 0
Additional Sources for OBDC Stock
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle