PerpEquities

Equity · Financial services

Blue Owl Capital Inc. (OWL) perpetual futures

Blue Owl Capital Inc. is a New York-based asset manager providing direct lending, GP capital solutions, and real estate financing through permanent capital vehicles and private funds.

+1.5%NYSE closed
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Trading data

Perpetual market activity

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24h volume
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Open interest
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Best liquidity
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Tightest spread
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Highest volume
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Settlement mix
USDT · 1/1
Perp/spot vol.
-
OI / float
-
Spot performance
1D+1.45%
5D-1.30%
1M-22.72%
6M+7.46%
YTD-39.22%
1Y-45.04%

Venue matrix

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Company data

Company fundamentals

Updated 5h ago
Market cap
$14.2B
Updated 5h ago
Revenue
$3B
Trailing 12 months
Revenue growth
-1%
Next fiscal year
Profit margin
+2.7%
P/E
76.4
Peer P/E -1.2
Free cash flow
$1.3B
Trailing 12 months
More metrics
Net income
$80.9M
Trailing 12 months
P/S
4.7
Peer P/E
-1.2
Similar listed perps
Revenue estimate
$2.8B
Next fiscal year
Earnings
2026-10-29
Revenue est. $698.7M · Updated 5h ago
Dividend
$0.23
2026-08-13

Fundamental detail

Annual + quarterly
Latest revenue$2.9B
Net margin+2.7%
Free cash flow$1.2B
Net debt$3.7B
2020$249.8M
2021$823.9M
2022$1.4B
2023$1.7B
2024$2.3B
2025$2.9B
PeriodRevenueGrowthNet incomeFCF
2020$249.8M+31%-$77.8M$4.6M
2021$823.9M+230%-$376.2M$276.4M
2022$1.4B+66%-$9.3M$662.9M
2023$1.7B+26%$54.3M$881.2M
2024$2.3B+33%$109.6M$935.4M
2025$2.9B+25%$78.8M$1.2B
PeriodGross marginOperating marginNet marginROEROA
2020+3.6%-23.5%-31.2%+15.3%-64.0%
2021-81.7%-112.5%-45.7%-22.6%-4.6%
2022+34.7%-0.2%-0.7%-0.6%-0.1%
2023+49.7%+18.4%+3.1%+3.6%+0.6%
2024+55.7%+26.4%+4.8%+5.2%+1.0%
2025+55.4%+21.9%+2.7%+3.6%+0.6%
PeriodCashDebtNet debtCurrent ratio
2020$11.6M$356.4M$344.8M1.80
2021$42.6M$1.3B$1.2B1.27
2022$68.1M$1.9B$1.8B1.32
2023$104.2M$2B$1.9B1.44
2024$152.1M$3B$2.8B2.52
2025$194.5M$3.9B$3.7B0.95
PeriodMarket capEnterprise valueP/SP/E
2020$902.8M$1.2B1.6-5.0
2021$13.9B$15.2B7.3-16.0
2022$10.6B$12.4B3.4-495.3
2023$15.9B$17.8B4.0124.2
2024$29.5B$32.3B5.6116.3
2025$22.9B$26.6B3.5124.5
Q3 2024$600.9M
Q4 2024$631.4M
Q1 2025$683.5M
Q2 2025$703.1M
Q3 2025$728M
Q4 2025$755.6M
Q1 2026$753.8M
Q2 2026$753.1M
PeriodRevenueGrowthNet incomeFCF
Q3 2024$600.9M+40%$29.8M$314.8M
Q4 2024$631.4M+28%$20.7M$310.1M
Q1 2025$683.5M+33%$7.4M$4.2M
Q2 2025$703.1M+28%$17.4M$412.5M
Q3 2025$728M+21%$6.3M$422.5M
Q4 2025$755.6M+20%$47.7M$359.1M
Q1 2026$753.8M+10%$15.5M$89M
Q2 2026$753.1M+7%$11.4M$452.9M
PeriodGross marginOperating marginNet marginROEROA
Q3 2024+54.9%+23.3%+5.0%+1.5%+0.3%
Q4 2024+53.4%+22.0%+3.3%+1.0%+0.2%
Q1 2025+52.3%+11.3%+1.1%+0.3%+0.1%
Q2 2025+53.6%+14.1%+2.5%+0.7%+0.1%
Q3 2025+53.1%+15.5%+0.9%+0.3%+0.1%
Q4 2025+62.0%+44.7%+6.3%+2.2%+0.4%
Q1 2026+87.9%+14.4%+2.1%+0.7%+0.1%
Q2 2026+40.9%+15.5%+1.5%+0.6%+0.1%
PeriodCashDebtNet debtCurrent ratio
Q3 2024$115.9M$2.9B$2.8B1.09
Q4 2024$152.1M$3B$2.8B2.52
Q1 2025$97.6M$3.6B$3.5B1.75
Q2 2025$117.6M$3.6B$3.5B1.66
Q3 2025$137.3M$3.8B$3.6B1.35
Q4 2025$194.5M$3.9B$3.7B0.95
Q1 2026$190.5M$4.4B$4.2B2.10
Q2 2026$169.1M$4.3B$4.2B0.32
PeriodMarket capEnterprise valueP/SP/E
Q3 2024$24.5B$27.3B17.7242.0
Q4 2024$29.5B$32.3B20.2145.4
Q1 2025$28.9B$32.4B18.4501.0
Q2 2025$28.8B$32.3B17.8179.2
Q3 2025$26.3B$30B15.7445.5
Q4 2025$22.9B$26.6B13.153.4
Q1 2026$14.3B$18.5B8.2100.1
Q2 2026$13.9B$18.1B8.0131.8

Refreshed 5h ago

Charts: revenue, profit, cash flow & valuation
Revenue$753.1MQ2 2026
$188.9M$377.8M$566.7M$755.6MQ3 2023: $429.7MQ4 2023: $494MQ1 2024: $513.3MQ2 2024: $549.8MQ3 2024: $600.9MQ4 2024: $631.4MQ1 2025: $683.5MQ2 2025: $703.1MQ3 2025: $728MQ4 2025: $755.6MQ1 2026: $753.8MQ2 2026: $753.1MQ3 2023Q2 2026
Net income$11.4MQ2 2026
$11.9M$23.8M$35.8M$47.7MQ3 2023: $15.1MQ4 2023: $18.1MQ1 2024: $25.1MQ2 2024: $33.9MQ3 2024: $29.8MQ4 2024: $20.7MQ1 2025: $7.4MQ2 2025: $17.4MQ3 2025: $6.3MQ4 2025: $47.7MQ1 2026: $15.5MQ2 2026: $11.4MQ3 2023Q2 2026
EBITDA$212MQ2 2026
$87.3M$174.5M$261.8M$349MQ3 2023: $153.5MQ4 2023: $178.5MQ1 2024: $208.3MQ2 2024: $249.7MQ3 2024: $219.8MQ4 2024: $188.3MQ1 2025: $173.9MQ2 2025: $222.1MQ3 2025: $196.1MQ4 2025: $349MQ1 2026: $199.8MQ2 2026: $212MQ3 2023Q2 2026
Free cash flow$452.9MQ2 2026
$113.2M$226.5M$339.7M$452.9MQ3 2023: $263.2MQ4 2023: $274.8MQ1 2024: $41.1MQ2 2024: $269.4MQ3 2024: $314.8MQ4 2024: $310.1MQ1 2025: $4.2MQ2 2025: $412.5MQ3 2025: $422.5MQ4 2025: $359.1MQ1 2026: $89MQ2 2026: $452.9MQ3 2023Q2 2026
EPS$0.02Q2 2026
$0.02$0.04$0.05$0.07Q3 2023: $0.03Q4 2023: $0.04Q1 2024: $0.05Q2 2024: $0.06Q3 2024: $0.02Q4 2024: $0.04Q1 2025: $0Q2 2025: $0.02Q3 2025: $0.01Q4 2025: $0.07Q1 2026: $0.02Q2 2026: $0.02Q3 2023Q2 2026
Cash / Debt$169.1MQ2 2026
$1.1B$2.2B$3.3B$4.4BQ3 2023 · Cash: $76.7MQ3 2023 · Debt: $2BQ4 2023 · Cash: $104.2MQ4 2023 · Debt: $2BQ1 2024 · Cash: $155.8MQ1 2024 · Debt: $2.4BQ2 2024 · Cash: $436.8MQ2 2024 · Debt: $2.8BQ3 2024 · Cash: $115.9MQ3 2024 · Debt: $2.9BQ4 2024 · Cash: $152.1MQ4 2024 · Debt: $3BQ1 2025 · Cash: $97.6MQ1 2025 · Debt: $3.6BQ2 2025 · Cash: $117.6MQ2 2025 · Debt: $3.6BQ3 2025 · Cash: $137.3MQ3 2025 · Debt: $3.8BQ4 2025 · Cash: $194.5MQ4 2025 · Debt: $3.9BQ1 2026 · Cash: $190.5MQ1 2026 · Debt: $4.4BQ2 2026 · Cash: $169.1MQ2 2026 · Debt: $4.3BQ3 2023Q2 2026
CashDebt
Profitability+40.9%Q2 2026
+22.0%+44.0%+66.0%+87.9%Q3 2023 · Gross margin: +50.2%Q4 2023 · Gross margin: +49.2%Q1 2024 · Gross margin: +56.2%Q2 2024 · Gross margin: +58.7%Q3 2024 · Gross margin: +54.9%Q4 2024 · Gross margin: +53.4%Q1 2025 · Gross margin: +52.3%Q2 2025 · Gross margin: +53.6%Q3 2025 · Gross margin: +53.1%Q4 2025 · Gross margin: +62.0%Q1 2026 · Gross margin: +87.9%Q2 2026 · Gross margin: +40.9%Q3 2023 · Operating margin: +21.8%Q4 2023 · Operating margin: +23.6%Q1 2024 · Operating margin: +30.3%Q2 2024 · Operating margin: +31.4%Q3 2024 · Operating margin: +23.3%Q4 2024 · Operating margin: +22.0%Q1 2025 · Operating margin: +11.3%Q2 2025 · Operating margin: +14.1%Q3 2025 · Operating margin: +15.5%Q4 2025 · Operating margin: +44.7%Q1 2026 · Operating margin: +14.4%Q2 2026 · Operating margin: +15.5%Q3 2023 · Net margin: +3.5%Q4 2023 · Net margin: +3.7%Q1 2024 · Net margin: +4.9%Q2 2024 · Net margin: +6.2%Q3 2024 · Net margin: +5.0%Q4 2024 · Net margin: +3.3%Q1 2025 · Net margin: +1.1%Q2 2025 · Net margin: +2.5%Q3 2025 · Net margin: +0.9%Q4 2025 · Net margin: +6.3%Q1 2026 · Net margin: +2.1%Q2 2026 · Net margin: +1.5%Q3 2023Q2 2026
Gross marginOperating marginNet margin
Revenue growth+7.1%Q2 2026
+10.0%+19.9%+29.9%+39.9%Q2 2024: +31.9%Q3 2024: +39.9%Q4 2024: +27.8%Q1 2025: +33.1%Q2 2025: +27.9%Q3 2025: +21.2%Q4 2025: +19.7%Q1 2026: +10.3%Q2 2026: +7.1%Q3 2023Q2 2026
Shares outstanding688.5MQ2 2026
172.1M344.3M516.4M688.5MQ3 2023: 466.4MQ4 2023: 488.3MQ1 2024: 498.7MQ2 2024: 539.4MQ3 2024: 548.9MQ4 2024: 558.4MQ1 2025: 638.5MQ2 2025: 656.1MQ3 2025: 673.9MQ4 2025: 664.8MQ1 2026: 681.1MQ2 2026: 688.5MQ3 2023Q2 2026
Valuation131.8Q2 2026
125.2250.5375.7501.0Q3 2023 · P/E: 100.0Q4 2023 · P/E: 97.0Q1 2024 · P/E: 90.3Q2 2024 · P/E: 69.6Q3 2024 · P/E: 242.0Q4 2024 · P/E: 145.4Q1 2025 · P/E: 501.0Q2 2025 · P/E: 179.2Q3 2025 · P/E: 445.5Q4 2025 · P/E: 53.4Q1 2026 · P/E: 100.1Q2 2026 · P/E: 131.8Q3 2023 · P/S: 14.1Q4 2023 · P/S: 14.2Q1 2024 · P/S: 17.7Q2 2024 · P/S: 17.2Q3 2024 · P/S: 17.7Q4 2024 · P/S: 20.2Q1 2025 · P/S: 18.4Q2 2025 · P/S: 17.8Q3 2025 · P/S: 15.7Q4 2025 · P/S: 13.1Q1 2026 · P/S: 8.2Q2 2026 · P/S: 8.0Q3 2023Q2 2026
P/EP/S
Revenue$2.9B2025
$717.5M$1.4B$2.2B$2.9B2018: $121.2M2019: $190.9M2020: $249.8M2021: $823.9M2022: $1.4B2023: $1.7B2024: $2.3B2025: $2.9B20182025
Net income$78.8M2025
-$254.7M-$133.3M-$11.9M$109.6M2018: $2M2019: $23M2020: -$77.8M2021: -$376.2M2022: -$9.3M2023: $54.3M2024: $109.6M2025: $78.8M20182025
EBITDA$941.1M2025
-$1.1B-$392.1M$274.5M$941.1M2018: -$1.3M2019: $28.2M2020: -$58.1M2021: -$1.7B2022: $269.7M2023: $632.6M2024: $866M2025: $941.1M20182025
Free cash flow$1.2B2025
$299.6M$599.1M$898.7M$1.2B2018: $15.4M2019: $42.9M2020: $4.6M2021: $276.4M2022: $662.9M2023: $881.2M2024: $935.4M2025: $1.2B20182025
EPS$0.122025
-$1.64-$1.03-$0.41$0.22018: $0.012019: $0.072020: -$2.262021: -$0.932022: -$0.022023: $0.112024: $0.22025: $0.1220182025
Cash / Debt$194.5M2025
$965.6M$1.9B$2.9B$3.9B2019 · Cash: $7.3M2019 · Debt: $287.1M2020 · Cash: $11.6M2020 · Debt: $356.4M2021 · Cash: $42.6M2021 · Debt: $1.3B2022 · Cash: $68.1M2022 · Debt: $1.9B2023 · Cash: $104.2M2023 · Debt: $2B2024 · Cash: $152.1M2024 · Debt: $3B2025 · Cash: $194.5M2025 · Debt: $3.9B20182025
CashDebt
Profitability+55.4%2025
-70.5%-28.4%+13.6%+55.7%2018 · Gross margin: +50.9%2019 · Gross margin: +41.4%2020 · Gross margin: +3.6%2021 · Gross margin: -81.7%2022 · Gross margin: +34.7%2023 · Gross margin: +49.7%2024 · Gross margin: +55.7%2025 · Gross margin: +55.4%2018 · Operating margin: -1.4%2019 · Operating margin: +14.3%2020 · Operating margin: -23.5%2021 · Operating margin: -112.5%2022 · Operating margin: -0.2%2023 · Operating margin: +18.4%2024 · Operating margin: +26.4%2025 · Operating margin: +21.9%2018 · Net margin: +1.7%2019 · Net margin: +12.0%2020 · Net margin: -31.2%2021 · Net margin: -45.7%2022 · Net margin: -0.7%2023 · Net margin: +3.1%2024 · Net margin: +4.8%2025 · Net margin: +2.7%20182025
Gross marginOperating marginNet margin
Revenue growth+25.0%2025
+57.4%+114.9%+172.3%+229.8%2019: +57.4%2020: +30.9%2021: +229.8%2022: +66.3%2023: +26.4%2024: +32.6%2025: +25.0%20182025
Shares outstanding664.8M2025
166.2M332.4M498.6M664.8M2018: 320M2019: 320M2020: 34.4M2021: 404.9M2022: 433.4M2023: 478M2024: 558.4M2025: 664.8M20182025
Valuation124.52025
26.9549.21,071.51,593.72018 · P/E: 1,593.72019 · P/E: 142.32020 · P/E: -5.02021 · P/E: -16.02022 · P/E: -495.32023 · P/E: 124.22024 · P/E: 116.32025 · P/E: 124.52018 · P/S: 26.92019 · P/S: 17.12020 · P/S: 1.62021 · P/S: 7.32022 · P/S: 3.42023 · P/S: 4.02024 · P/S: 5.62025 · P/S: 3.520182025
P/EP/S

Next catalyst

Catalysts

Earnings
2026-10-29
Revenue est. $698.7M · Updated 5h ago
Dividend
$0.23
2026-08-13

No unusual perp activity right now.

Research data

Analysts, filings and peer context

Estimates

6
DateEPS estimateRevenue estimateGrowthAnalysts
FY 20260.89$2.8B-1%9
FY 20270.99$3.2B+10%9
FY 20281.13$3.6B+27%2
FY 20291.32$4.3B+50%1
Q1 20280.23$845.2M+12%5
Q1 20280.24$889.1M+18%3

Company events

6
2026-10-29EarningsActual - / Estimate 0.23-
2026-08-13Dividend$0.23-
2026-07-30EarningsActual 0.22 / Estimate 0.22Beat
2026-05-13Dividend$0.23-
2026-04-30EarningsActual 0.19 / Estimate 0.19In line
2026-02-20Dividend$0.225-

Peer comparison

Similar listed perps

FMP company data

Company intelligence

Updated: Sep 22, 2026, 03:41 PM UTC

Company profile

Sector
Financial Services
Industry
Asset Management
Chief executive
Douglas Irving Ostrover
Employees
1,365
IPO date
Dec 14, 2020
Country
US
Exchange
New York Stock Exchange
Website
Altman Z-scorei1.55
Piotroski scorei5/9
FMP ratingiC-
Owner earningsi$463.43M$0.67 per share
ESG risk ratingiBIndustry rank: 103 out of 237

Rating factors

Return on equityi
2
Return on assetsi
2
Debt to equityi
1
Price to earningsi
1
Price to booki
1
Market cap history
$15.92B+9.8%Jun 26 – Sep 26
$13.38B$16.41B$19.45BHigh: $19.45B · 2026-08-31Low: $13.38B · 2026-06-29Latest: $15.92B · 2026-09-21Jun 26Jul 26Aug 26Sep 26
Latest: $15.92B · 2026-09-21High: $19.45B · 2026-08-31Low: $13.38B · 2026-06-29
Largest fund holders
FundWeightShares held
VTI0.01%20.4M
VB0.1%14.8M
FDGFX0.96%11.3M
VBK0.23%8.5M
VXF0.09%7.5M
FDCAX0.9%6.9M
FGRIX0.3%4.4M
FSLBX4.64%4.3M
NIW0.2%4.3M
FSMAX0.08%3.1M
FBAKX0.04%2.7M
IWR0.05%2.7M

Analyst track record

How the analysts covering OWL have done: ratings, price-target accuracy and the measured reaction after their calls.

12 months3 years
Ratings102280
Analysts1922
Buy / hold / sell72 / 30 / 0198 / 81 / 1
Upgrades / downgrades / initiations2 / 4 / 26 / 9 / 13
Price targets hit / missed0 / 98 (0%)0 / 265 (0%)
Avg. return after a rating (TipRanks)-40.3%-51.9%
Best / worst call-0.6% / -68.0%-0.6% / -72.0%

After buy calls on this stock: median 21-day move -1.2% vs S&P 500 -3.4% (n = 197)

Most accurate on this stock

Share of an analyst's price targets on this stock that the price reached within 12 months (our measurement over the last 3 years, at least 8 targets). It describes past calls, not the odds of the current one.

  1. Brian BedellDeutsche Bank100% hit rate on this stock · 8 targets measuredHoldtarget $10.00Feb 24, 2026
  2. Glenn SchorrEvercore ISI75% hit rate on this stock · 12 targets measuredBuytarget $11.00Sep 25, 2026
  3. Crispin LovePiper Sandler69% hit rate on this stock · 13 targets measuredBuytarget $12.50Jul 13, 2026

Latest ratings

DateAnalystCallTarget
Oct 2, 2026Unknown AnalystWells FargoHoldInitiated$10.00
Oct 1, 2026Unknown AnalystWells FargoHoldInitiated$10.00
Oct 1, 2026Unknown AnalystWells FargoHoldInitiated$10.00
Sep 25, 2026William KatzTD CowenBuyReiterated–
Sep 25, 2026Glenn SchorrEvercore ISIBuyMaintained$11.00
Consensus over the last 12 months buy hold sell avg. target month-end close
Monthly buy, hold and sell shares of analyst ratings with the average price target and the month-end close$8.00$10.00$12.00$14.00$16.00$18.00$20.00$22.00Nov 25 · Buy 11 · Hold 4 · Sell 0Nov 25Dec 25 · Buy 13 · Hold 3 · Sell 0Jan 26 · Buy 13 · Hold 3 · Sell 0Jan 26Feb 26 · Buy 12 · Hold 5 · Sell 0Mar 26 · Buy 12 · Hold 5 · Sell 0Mar 26Apr 26 · Buy 10 · Hold 5 · Sell 0May 26 · Buy 10 · Hold 5 · Sell 0May 26Jun 26 · Buy 9 · Hold 5 · Sell 0Jul 26 · Buy 9 · Hold 6 · Sell 0Jul 26Aug 26 · Buy 8 · Hold 5 · Sell 0Sep 26 · Buy 8 · Hold 5 · Sell 0Sep 26Oct 26 · Buy 8 · Hold 6 · Sell 0Nov 25 · avg. target $21.36Dec 25 · avg. target $21.19Jan 26 · avg. target $20.42Feb 26 · avg. target $17.75Mar 26 · avg. target $16.50Apr 26 · avg. target $13.96May 26 · avg. target $13.35Jun 26 · avg. target $13.19Jul 26 · avg. target $12.68Aug 26 · avg. target $13.12Sep 26 · avg. target $13.04Oct 26 · avg. target $12.81Nov 25 · month-end close $15.00Dec 25 · month-end close $14.94Jan 26 · month-end close $13.64Feb 26 · month-end close $10.55Mar 26 · month-end close $9.13Apr 26 · month-end close $9.75May 26 · month-end close $10.28Jun 26 · month-end close $8.75Jul 26 · month-end close $10.30Aug 26 · month-end close $12.24Sep 26 · month-end close $9.09Oct 26 · month-end close $9.08

Share of analysts per call each month (latest call per analyst within 180 days). Targets and closes in USD.

TipRanks data via FMP · computed Oct 2, 2026 · 102 ratings

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