Blue Owl Capital Inc. (OWL)财务
NYSE · Financial Services · Asset Management · 员工1,365人 · CEO Douglas Irving Ostrover
- 股价
- $10.33 -0.77%
- 市值
- $161亿
- 企业价值
- $165亿
- 最近财报
- Q3 '26 2026-10-30提交
- 下次财报
- 2027-02-04 EPS预期 $0.25
营收(TTM)$30.7亿+11.8% 对比去年同期最近4个季度;柱状图=各季度
营业利润率(TTM)23.2%+7.6 百分点 对比去年同期营业利润 $7.11亿
净利润(TTM)$9460万+82.2% 对比去年同期税后,含营业外收益
自由现金流(TTM)$15亿+30.7% 对比去年同期资本支出 $5380万
稀释EPS(TTM)$0.14+89.4% 对比去年同期最近4个季度之和
净现金-$3.1亿+91.5% 对比去年同期现金 + 短期投资 - 债务
估值与关键数据
- 市值
- $161亿 EV $165亿
- 营收
- $30.7亿 过去12个月
- 营收增速
- -1% FY2026年一致预期
- 净利润率
- 3.1% 净利润 / 营收,TTM
- P/E
- 74.9× 预期 11.6×(FY2026)
- P/S
- 5.3× 股价 / 营收,TTM
- EV / EBITDA
- 18.3× TTM
- 自由现金流
- $15亿 过去12个月
- 净利润
- $9460万 过去12个月
- 营收预期
- $28.5亿 FY2026年一致预期
- 盈利
- 2027-02-04 营收预期 $7.41亿
- 股息
- $0.91 每股,过去12个月
核心要点
根据披露数据计算,每条结论都附有其依据的数字。
- 最近财报(2026-10-29):营收超预期15.5%,EPS 超预期6.6%营收$8.07亿,预期$6.98亿(+15.5%);EPS $0.24,预期$0.23(+6.6%)。
- 营收增长放缓:同比10.8%Q3 '26营收$8.07亿,此前四个季度的平均值为14.6%。
- 营业利润率23.2%(TTM),较去年同期+7.6 百分点营收增长11.8%,营业利润增长66.1%。
- 税前利润的65.8%被营业外亏损吞噬税前利润$4.29亿,营业利润$7.11亿(TTM)。股权投资亏损等一次性项目压低了净利润和EPS,营业利润更能反映业务本身。
- 资本支出占营收的1.8%(去年为1.7%)最近4个季度投入$5380万(同比+12.2%)。自由现金流$15亿,相当于净利润的1,588.9%。
- 股东回报$5.07亿 = 自由现金流的33.8%回购$5200万(去年为$7750万),股息$4.55亿,股权激励$7.35亿(TTM)。
- 稀释股数一年内增加3.7%Q3 '26稀释股数6.99亿,一年前为6.74亿。
- 净债务 $3.1亿现金 + 短期投资 $2.14亿,含租赁债务 $5.24亿;一年前净债务 $36.4亿。
上一季度:Q3 '26
截至2026-09-30的季度。与去年同期及财报发布前的分析师一致预期对比。
本季度与去年同期
| Q3 '26 | 去年同期 | 变化 | |
|---|---|---|---|
| 营收 | $8.07亿 | $7.28亿 | +10.8% |
| 毛利率 | 41.2% | 53.1% | -11.9 百分点 |
| 营业利润 | $1.48亿 | $1.13亿 | +31.1% |
| 营业利润率 | 18.3% | 15.5% | +2.8 百分点 |
| 净利润 | $2000万 | $631万 | +216.3% |
| 稀释EPS | $0.03 | $0.01 | +219.1% |
| 经营现金流 | $6.09亿 | $4.33亿 | +40.7% |
| 资本支出 | $793万 | $1060万 | -25.4% |
| 自由现金流 | $6.01亿 | $4.22亿 | +42.4% |
| R&D | $0 | $0 | – |
| 股权激励费用 | $1.92亿 | $1.73亿 | +11.1% |
实际 vs 一致预期
2026-10-29| 实际 | 一致预期 | 对比预期 | |
|---|---|---|---|
| 营收 | $8.07亿 | $6.98亿 | +15.5% |
| EPS(一致预期口径) | $0.24 | $0.23 | +6.6% |
来自2026-10-29发布的Q3 '26财报：营收及分析师预期口径的EPS（通常为调整后），可能与上方报表中的EPS不同。
EPS与一致预期
最近8次财报营收
收入从何而来,按业务线和地区逐季展示。
营收、营业利润与增速
季度按业务线划分的营收
堆叠,季度| 分部 | Q3 '26 | 同比 | 占比 | TTM | TTM同比 | 12个季度 |
|---|---|---|---|---|---|---|
| Asset Management | $8.06亿 | +24.9% | 58.2% | – | – | |
| Credit Platform | – | – | – | – | – | |
| Management Fees | $3.96亿 | – | 28.6% | – | – | |
| GP Strategic Capital Platform | – | – | – | – | – | |
| Administrative Service | $6810万 | -17.1% | 4.9% | – | – | |
| Real Assets Platform | – | – | – | – | – | |
| Net Lease | $7040万 | +38.1% | 5.1% | – | – | |
| Digital Infrastructure | $3610万 | +18.6% | 2.6% | – | – | |
| Other | $853万 | – | 0.6% | – | – | |
| Management Service, Incentive | $29.7万 | +58.0% | 0.0% | – | – |
利润率与成本结构
每一单位营收在各层级还剩多少,成本又花在哪里。
利润率
季度成本占营收比例
季度现金流与资本配置
创造了多少现金,用在何处,又有多少回到股东手中。
经营现金流、资本支出、自由现金流
季度现金用途与经营现金流
财年最近4个季度
现金流量表- 经营现金流
- $15.6亿
- 资本支出
- -$5380万
- 股票回购
- -$5200万
- 股息
- -$4.55亿
- 收购
- $0
- 债务净发行
- $5.75亿
- 股权激励费用
- $7.35亿
- 自由现金流
- $15亿
- 股东回报 / FCF
- 33.8%
股数与EPS
季度,稀释资产负债表
各季度末的流动性、投资和债务。
现金、投资与债务
季度末估值与回报
当前估值倍数与公司自身过去五个财年对比;分析师目标价与评级。
估值倍数与回报
TTM与过去5个财年| 当前 | 5年均值 | 当前处于5年区间的位置 | |
|---|---|---|---|
| P/E(TTM) | 74.9× | 121.7× 5年中的3年 | 116.3× – 124.5× |
| EV / EBITDA | 18.3× | 35.0× 5年中的4年 | 28.2× – 46.0× |
| EV / 营收 | 5.4× | 12.2× | 9.1× – 18.4× |
| 股价 / FCF | 10.7× | 11.7× | 6.9× – 21.8× |
| 股价 / 净资产 | 3.8× | 4.3× | 2.9× – 6.0× |
| FCF收益率 | 9.3% | 10.2% | 4.6% – 14.4% |
| 投入资本回报率 | 6.0% | 0.4% | -10.9% – 5.0% |
| 净资产收益率 | 4.6% | -2.2% | -22.6% – 5.2% |
分析师
一致目标价 $11.14 (+7.8%)
区间 $9.00 – $17.00 · 评级 Buy
强烈买入1
买入10
持有8
卖出0
强烈卖出0
展望
分析师对未来财年的一致预期,以及按当前股价意味着什么。
一致预期
| 财年 | 营收 | 增速 | EPS | 增速 | 按当前股价的P/E | 分析师(EPS) |
|---|---|---|---|---|---|---|
| FY2026 | $28.5亿 | -0.6% | $0.89 | +640.7% | 11.6× | 8 |
| FY2027 | $31.5亿 | +10.5% | $0.98 | +10.1% | 10.6× | 9 |
| FY2028 | $36.1亿 | +14.6% | $1.11 | +13.1% | 9.3× | 2 |
| FY2029 | $43.2亿 | +19.6% | $1.31 | +18.3% | 7.9× | 1 |
财务报表
利润表、资产负债表和现金流量表的每一项,含12个季度和10个财年,以金额、占营收比例或增速展示。
全部披露项目
Blue Owl Capital Inc.在近期10-Q / 10-K文件中标记的全部184项数据,附SEC官方标签和定义,包括附注(租赁、税务、回购、员工等)。
| 项目(SEC标签) | 最近季度 | 去年同期 | 同比 | 最近财年 | 上一财年 | 同比 |
|---|---|---|---|---|---|---|
| Accounts Payable and Other Accrued Liabilities | $2.34亿 | $1.88亿 | +24.2% | $1.63亿 | $1.66亿 | -1.8% |
| Accounts Receivable, after Allowance for Credit Loss | $3200万 | $2320万 | +38.0% | $4740万 | $2660万 | +78.1% |
| Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment | $7660万 | $4910万 | +56.0% | $5490万 | $3160万 | +73.6% |
| Accumulated Other Comprehensive Income (Loss), Net of Tax | $275万 | $235万 | +17.2% | $189万 | $0 | – |
| Additional Paid in Capital | $39.5亿 | $38亿 | +3.9% | $38.1亿 | $32.7亿 | +16.6% |
| Alternative Investment | $1.01亿 | $5500万 | +82.8% | $6190万 | $9700万 | -36.2% |
| Amortization of Debt Issuance Costs and Discounts | $224万 | $197万 | +13.4% | $783万 | $721万 | +8.6% |
| Amortization of Intangible Assets | $8630万 | $9270万 | -6.9% | $3.59亿 | $2.58亿 | +39.0% |
| Assets | $122亿 | $125亿 | -2.0% | $125亿 | $110亿 | +13.4% |
| Assets, Fair Value Disclosure | $4.52亿 | – | – | – | – | – |
| Cash and Cash Equivalents, at Carrying Value | $2.14亿 | $1.37亿 | +55.6% | $1.95亿 | $1.52亿 | +27.9% |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | $2.14亿 | $1.37亿 | +55.6% | $1.95亿 | $1.52亿 | +27.9% |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | $4460万 | $1970万 | +126.6% | $4240万 | $4790万 | -11.5% |
| Common Stock, Dividends, Per Share, Cash Paid | $0.23 | $0.23 | +2.2% | $0.86 | $0.68 | +25.7% |
| Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interest | $6060万 | $4090万 | +48.0% | $2.29亿 | $3.11亿 | -26.4% |
| Comprehensive Income (Loss), Net of Tax, Attributable to Parent | $2020万 | $623万 | +224.7% | $8070万 | $1.1亿 | -26.3% |
| Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest | $8080万 | $4720万 | +71.4% | $3.1亿 | $4.2亿 | -26.4% |
| Costs and Expenses | $6.59亿 | $6.15亿 | +7.1% | $24.1亿 | $16.9亿 | +42.9% |
| Current Federal Tax Expense (Benefit) | – | – | – | $1.3万 | -$25.5万 | +105.1% |
| Current Foreign Tax Expense (Benefit) | – | – | – | $251万 | $214万 | +17.0% |
| Current Income Tax Expense (Benefit) | – | – | – | $2120万 | $2200万 | -3.7% |
| Current State and Local Tax Expense (Benefit) | – | – | – | $1870万 | $2010万 | -7.1% |
| Debt Instrument, Fair Value Disclosure | $33亿 | $32亿 | +3.1% | $32亿 | $25亿 | +28.0% |
| Debt Issuance Costs, Line of Credit Arrangements, Net | $910万 | $1140万 | -20.0% | $1080万 | $968万 | +11.9% |
| Debt Securities, Trading, Amortized Cost | $6130万 | $5550万 | +10.6% | $5880万 | $5420万 | +8.6% |
| Deferred Federal Income Tax Expense (Benefit) | – | – | – | $1790万 | $2970万 | -39.8% |
| Deferred Foreign Income Tax Expense (Benefit) | – | – | – | -$24.2万 | -$16.7万 | -44.9% |
| Deferred Income Tax Assets, Net | $14.3亿 | $14.1亿 | +1.1% | $14.1亿 | $12.5亿 | +13.5% |
| Deferred Income Tax Expense (Benefit) | $708万 | $347万 | +103.8% | $2120万 | $2680万 | -20.8% |
| Deferred Income Tax Liabilities, Net | $3680万 | $3800万 | -3.2% | $3970万 | $3690万 | +7.6% |
| Deferred State and Local Income Tax Expense (Benefit) | – | – | – | $356万 | -$281万 | +226.5% |
| Deferred Tax Assets, Investment in Subsidiaries | $9.39亿2025-12-31 | $8.56亿 | +9.7% | $9.39亿 | $8.56亿 | +9.7% |
| Deferred Tax Assets, Net of Valuation Allowance | $14.3亿2025-12-31 | $12.6亿 | +13.6% | $14.3亿 | $12.6亿 | +13.6% |
| Deferred Tax Assets, Operating Loss Carryforwards | $6510万2025-12-31 | $4130万 | +57.9% | $6510万 | $4130万 | +57.9% |
| Deferred Tax Assets, Other | $2720万2025-12-31 | $2220万 | +22.7% | $2720万 | $2220万 | +22.7% |
| Deferred Tax Assets, Valuation Allowance | $02025-12-31 | $0 | – | $0 | $0 | – |
| Deferred Tax Liabilities, Goodwill and Intangible Assets | $4270万2025-12-31 | $3940万 | +8.4% | $4270万 | $3940万 | +8.4% |
| Deferred Tax Liabilities, Gross | $5750万2025-12-31 | $5140万 | +11.8% | $5750万 | $5140万 | +11.8% |
| Deferred Tax Liabilities, Other | $1470万2025-12-31 | $1200万 | +22.9% | $1470万 | $1200万 | +22.9% |
| Depreciation | $767万 | $582万 | +31.7% | $2340万 | $1670万 | +40.7% |
| Earnings Per Share, Basic | $0.03 | $0.01 | +200.0% | $0.12 | $0.20 | -40.0% |
| Earnings Per Share, Diluted | $0.03 | $0.01 | +200.0% | $0.10 | $0.20 | -50.0% |
| Effective Income Tax Rate Reconciliation at Federal Statutory Income Tax Rate, Amount | – | – | – | $7310万 | $9850万 | -25.9% |
| Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent | – | – | – | 21.0% | 21.0% | 0.0% |
| Effective Income Tax Rate Reconciliation, Foreign Income Tax Rate Differential, Amount | – | – | – | -$9.6万 | -$7万 | -37.1% |
| Effective Income Tax Rate Reconciliation, Foreign Income Tax Rate Differential, Percent | – | – | – | -0.0% | -0.0% | -200.0% |
| Effective Income Tax Rate Reconciliation, Noncontrolling Interest Income (Loss), Amount | – | – | – | $5310万 | $6730万 | -21.1% |
| Effective Income Tax Rate Reconciliation, Noncontrolling Interest Income (Loss), Percent | – | – | – | 15.3% | 14.3% | +6.4% |
| Effective Income Tax Rate Reconciliation, Nondeductible Expense, Other, Amount | – | – | – | $109万 | $173万 | -36.9% |
| Effective Income Tax Rate Reconciliation, Nondeductible Expense, Other, Percent | – | – | – | 0.3% | 0.4% | -16.2% |
| Effective Income Tax Rate Reconciliation, Percent | 14.9% | 14.4% | +3.5% | 12.2% | 10.4% | +17.2% |
| Effective Income Tax Rate Reconciliation, State and Local Income Taxes, Amount | – | – | – | $1670万 | $1090万 | +53.5% |
| Effective Income Tax Rate Reconciliation, State and Local Income Taxes, Percent | – | – | – | 4.8% | 2.3% | +107.4% |
| Effective Income Tax Rate Reconciliation, Tax Contingency, Amount | – | – | – | $486万 | $505万 | -3.7% |
| Effective Income Tax Rate Reconciliation, Tax Contingency, Percent | – | – | – | 1.4% | 1.1% | +29.6% |
| EffectiveIncomeTaxRateReconciliationCrossBorderTaxEffectAmount | – | – | – | -$6.9万 | -$4.3万 | -60.5% |
| EffectiveIncomeTaxRateReconciliationCrossBorderTaxEffectPercent | – | – | – | -0.0% | -0.0% | -100.0% |
| Employee-related Liabilities | $6.4亿 | $4.49亿 | +42.4% | $5.26亿 | $4.24亿 | +23.9% |
| Equity Method Investments | $8200万 | $1.14亿 | -27.9% | $6740万 | $6350万 | +6.2% |
| EquitySecuritiesFvNiCurrentAndNoncurrent | $2.91亿 | $2.84亿 | +2.6% | $2.91亿 | $2.67亿 | +8.8% |
来源:SEC companyfacts(每份10-Q / 10-K的XBRL)。现金流量表的季度数据由10-Q标记的年初至今累计数推算。分部拆分带有维度标记,在分部章节中单独展示。
数据来源
报表、分部营收、指标和预期均根据公司文件标准化。分部利润及全部披露项目:SEC EDGAR(XBRL)。 已读取的文件: 10-Q 2026-09-30, 10-Q 2026-06-30, 10-Q 2026-03-31, 10-K 2025-12-31, 10-Q 2025-09-30, 10-Q 2025-06-30, 10-Q 2025-03-31, 10-K 2024-12-31, 10-Q 2024-09-30
数据截至 2026-11-02