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Blue Owl Capital Inc.. (OWL) Fundamental Analysis & AI Grade 2026

OWL NYSE Investment Advice NJ CIK: 0001823945
Updated This Month • Analysis: May 6, 2026 • SEC Data: 2026-03-31
Combined AI Grade
C
67% Confidence
AGREEMENT
C
68% Conf
B
66% Conf

📊 OWL Key Takeaways

Revenue: $138.0M
Net Margin: 11.3%
Free Cash Flow: $89.0M
Current Ratio: 11.78x
Debt/Equity: 1.82x
EPS: $0.02
AI Grade: C with 68% confidence
Blue Owl Capital Inc.. (OWL) receives a C fundamental grade with 67% confidence from our AI analysis based on SEC 10-K filings. With revenue of $138.0M, net profit margin of 11.3%, and return on equity (ROE) of 0.7%, Blue Owl Capital Inc.. demonstrates mixed fundamentals in the Market sector. Below is our complete OWL stock analysis for 2026.

Is Blue Owl Capital Inc.. (OWL) a Good Investment?

Claude

Blue Owl Capital experienced a catastrophic 80% revenue decline YoY paired with 74% net income erosion, signaling severe operational deterioration in its asset management business. Despite strong liquidity (11.78x current ratio) and positive free cash flow, abysmal returns on equity (0.7%) and assets (0.1%) indicate the company is not generating value on its $2.1B equity base, while elevated 1.82x debt/equity leverage amplifies downside risk.

ChatGPT

Despite an 80% YoY revenue contraction and a 50% EPS decline, Blue Owl posts very high operating margins, strong interest coverage, and outsized free cash flow, indicating resilient fee economics and ample liquidity. However, low ROE/ROA and the disconnect between revenue and cash generation raise questions about earnings quality and sustainability, warranting caution until revenue normalizes.

Blue Owl Capital Inc.. Key Strengths (OWL)

Claude
  • + Exceptional liquidity with 11.78x current ratio providing operational flexibility and debt service cushion through downturn
  • + Positive free cash flow of $89M and 64.5% FCF margin demonstrate core business generates cash despite revenue contraction
  • + High operating margins of 69.4% on remaining business indicate efficiency in scaled operations
ChatGPT
  • + High operating margin with disciplined cost structure
  • + Robust free cash flow and strong cash conversion
  • + Healthy liquidity and solid interest coverage despite leverage

OWL Stock Risks: Blue Owl Capital Inc.. Investment Risks

Claude
  • ! Catastrophic 80% YoY revenue decline with 74% net income collapse indicates severe asset base or client deterioration
  • ! Elevated 1.82x debt/equity with shrinking revenue creates refinancing and coverage risk in prolonged downturns
  • ! Severely depressed ROE (0.7%) and ROA (0.1%) evidence capital is not deployed efficiently despite operational profitability
ChatGPT
  • ! Severe revenue decline suggests instability in fee base or recognition
  • ! Low ROE/ROA imply weak capital efficiency
  • ! Potential earnings quality concerns given FCF far exceeds reported revenue

Key Metrics to Watch

Claude
  • * Assets under management (AUM) stabilization - determine if revenue decline is bottoming or continuing
  • * Operating cash flow sustainability - verify positive FCF persists as revenue base shrinks further
  • * Debt service capacity and refinancing needs - monitor if elevated leverage becomes unmanageable without revenue stabilization
ChatGPT
  • * Revenue and EPS stabilization (underlying fee revenue trend)
  • * Operating cash flow sustainability relative to operating income

Blue Owl Capital Inc.. (OWL) Financial Metrics & Key Ratios

Revenue
$138.0M
Net Income
$15.5M
EPS (Diluted)
$0.02
Free Cash Flow
$89.0M
Total Assets
$12.4B
Cash Position
$190.5M

💡 AI Analyst Insight

The 64.5% free cash flow margin provides substantial flexibility for dividends, buybacks, and strategic investments. Strong liquidity with a 11.78x current ratio provides a solid financial cushion.

OWL Profit Margin, ROE & Profitability Analysis

Gross Margin N/A
Operating Margin 69.4%
Net Margin 11.3%
ROE 0.7%
ROA 0.1%
FCF Margin 64.5%

OWL vs Market Sector: How Blue Owl Capital Inc.. Compares

How Blue Owl Capital Inc.. compares to Market sector averages

Net Margin
OWL 11.3%
vs
Sector Avg 12.0%
OWL Sector
ROE
OWL 0.7%
vs
Sector Avg 15.0%
OWL Sector
Current Ratio
OWL 11.8x
vs
Sector Avg 1.8x
OWL Sector
Debt/Equity
OWL 1.8x
vs
Sector Avg 0.7x
OWL Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Blue Owl Capital Inc.. Stock Overvalued? OWL Valuation Analysis 2026

Based on fundamental analysis, Blue Owl Capital Inc.. shows some fundamental concerns relative to the Market sector in 2026.

Return on Equity
0.7%
Sector avg: 15%
Net Profit Margin
11.3%
Sector avg: 12%
Revenue Growth
N/A
Year-over-year
Debt/Equity
1.82x
Sector avg: 0.7x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Blue Owl Capital Inc.. Balance Sheet: OWL Debt, Cash & Liquidity

Current Ratio
11.78x
Quick Ratio
11.78x
Debt/Equity
1.82x
Debt/Assets
53.4%
Interest Coverage
4.26x
Long-term Debt
$3.8B

OWL Revenue & Earnings Growth: 5-Year Financial Trend

OWL 5-year financial data: Year 2021: Revenue $823.9M, Net Income $23.0M, EPS $-1.34. Year 2022: Revenue $1.4B, Net Income -$77.8M, EPS $-1.34. Year 2023: Revenue $1.7B, Net Income -$376.2M, EPS $-1.34. Year 2024: Revenue $2.3B, Net Income -$9.3M, EPS $-0.02. Year 2025: Revenue $2.9B, Net Income $54.3M, EPS $0.10.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Blue Owl Capital Inc..'s revenue has grown significantly by 248% over the 5-year period, indicating strong business expansion. The most recent EPS of $0.10 reflects profitable operations.

OWL Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
64.5%
Free cash flow / Revenue

OWL Quarterly Earnings & Performance

Quarterly financial performance data for Blue Owl Capital Inc.. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q1 2026 $683.5M $7.4M $0.00
Q3 2025 $600.9M $6.3M $0.01
Q2 2025 $549.8M $17.4M $0.02
Q1 2025 $513.3M $7.4M $0.00
Q3 2024 $429.7M $15.1M $0.03
Q2 2024 $416.9M $12.9M $0.02
Q1 2024 $391.0M $8.3M $0.02
Q3 2023 $371.0M $2.1M $0.00

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Blue Owl Capital Inc.. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$102.8M
Cash generated from operations
Stock Buybacks
$25.0M
Shares repurchased (TTM)
Capital Expenditures
$13.8M
Investment in assets
Dividends Paid
$150.5M
Returned to shareholders

OWL SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Blue Owl Capital Inc.. (CIK: 0001823945)

📋 Recent SEC Filings

Date Form Document Action
May 8, 2026 4 xslF345X06/ownership.xml View →
May 8, 2026 4 xslF345X06/ownership.xml View →
May 8, 2026 4 xslF345X06/ownership.xml View →
May 8, 2026 4 xslF345X06/ownership.xml View →
May 8, 2026 4 xslF345X06/ownership.xml View →

Frequently Asked Questions about OWL

What is the AI rating for OWL?

Blue Owl Capital Inc.. (OWL) has a Combined AI Grade of C from Claude (C) and ChatGPT (B) with 67% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are OWL's key strengths?

Claude: Exceptional liquidity with 11.78x current ratio providing operational flexibility and debt service cushion through downturn. Positive free cash flow of $89M and 64.5% FCF margin demonstrate core business generates cash despite revenue contraction. ChatGPT: High operating margin with disciplined cost structure. Robust free cash flow and strong cash conversion.

What are the risks of investing in OWL?

Claude: Catastrophic 80% YoY revenue decline with 74% net income collapse indicates severe asset base or client deterioration. Elevated 1.82x debt/equity with shrinking revenue creates refinancing and coverage risk in prolonged downturns. ChatGPT: Severe revenue decline suggests instability in fee base or recognition. Low ROE/ROA imply weak capital efficiency.

What is OWL's revenue and growth?

Blue Owl Capital Inc.. reported revenue of $138.0M.

Does OWL pay dividends?

Blue Owl Capital Inc.. pays dividends, with $150.5M distributed to shareholders in the trailing twelve months.

Where can I find OWL SEC filings?

Official SEC filings for Blue Owl Capital Inc.. (CIK: 0001823945) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is OWL's EPS?

Blue Owl Capital Inc.. has a diluted EPS of $0.02.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined grade reflects both perspectives for balanced insights.

What is OWL's fundamental grade?

Based on our AI fundamental analysis in May 2026, Blue Owl Capital Inc.. has a C grade with 67% confidence. Review the strengths and risks sections above for full context. This is not investment advice.

Is OWL stock overvalued or undervalued?

Valuation metrics for OWL: ROE of 0.7% (sector avg: 15%), net margin of 11.3% (sector avg: 12%). Compare these metrics with sector averages to assess valuation.

What is OWL's AI grade for 2026?

Our dual AI analysis gives Blue Owl Capital Inc.. a combined C grade for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is OWL's free cash flow?

Blue Owl Capital Inc..'s operating cash flow is $102.8M, with capital expenditures of $13.8M. FCF margin is 64.5%.

How does OWL compare to other Market stocks?

Vs Default sector averages: Net margin 11.3% (avg: 12%), ROE 0.7% (avg: 15%), current ratio 11.78 (avg: 1.8).

Is Blue Owl Capital Inc.. carrying too much debt?

OWL has a debt-to-equity ratio of 1.82x, which is above the Market sector average of 0.7x. However, the current ratio of 11.78 suggests adequate short-term liquidity.

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: May 6, 2026 | Data as of: 2026-03-31 | Powered by Claude AI