Blue Owl Capital Inc. (OWL) Stock

Blue Owl Capital Inc. (OWL) is a Financials stock trading at $11.40 (as of 2026-08-20), with a market capitalization of $7.85B and a trailing P/E of 97.0. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Blue Owl Capital Inc. operates as an asset manager. It offers permanent capital base solutions that enables it to offer a holistic platform to middle market companies, large alternative asset managers, and corporate real estate owners and tenants. The company provides direct lending products that offer private credit products comprising diversified, technology, first lien, and opportunistic lending to middle-market companies; GP capital solutions products, which offers capital solutions, including GP minority equity investments, GP debt financing, and professional sports minority investments to large private capital managers; and real estate products that focuses on structuring sale-leaseback transactions, which includes triple net leases. It offers its solutions through permanent capital vehicles, as well as long-dated private funds. The company is headquartered in New York, New York.

Understand Blue Owl Capital Inc.: how it makes money

Blue Owl Capital Inc. is an asset manager that provides private credit direct lending and GP capital solutions, making money through fee based earnings tied to those investment products for middle market companies and other alternative asset and real estate participants.

Its profit model is primarily fee based, reflected in its operating metrics like Adjusted Fee Related Earnings Revenue, which are linked to how its direct lending and GP capital solutions are deployed and generate returns.

Business quality (Solid): Clear asset management business with fee related earnings as the key operating lens, but the provided segment revenue breakdown is not clean enough to map to total revenue for this quarter.

Valuation: At 71× earnings, OWL trades 113% above the Trading average (34×). Note: one-time items can distort reported P/E.

Bull case

  • Fee related earnings are the central operating metric: The company highlights Adjusted Fee Related Earnings Revenue as a key operating driver, consistent with an asset manager earning fees from its products.
  • Multiple product types within the platform: Blue Owl offers both direct lending products (diversified, technology, first lien, opportunistic) and GP capital solutions (including GP minority equity and GP debt financing), which can diversify where earnings come from within the platform.

Bear case

  • Operating results depend on investment product performance and deployment: Because the operating KPI is fee related earnings, outcomes for direct lending and GP capital solutions are likely to feed into the company’s earnings power.
  • No verified segment level mapping from the provided data: The provided Adjusted Fee Related Earnings Revenue and Adjusted Revenues figures do not reconcile cleanly to the single total revenue figure in the dataset, limiting how precisely investors can attribute performance across offerings based on the available inputs.
Valuation — source: SEC EDGAR (first-party)
Price$11.40
Market Cap$7.85B
P/E Ratio97.0
EV / EBITDA27.6
Price / Book1.40
Price / Sales13.71
FCF Yield16.9%
DCF Value (model)$1.27
DCF Upside vs Price-88.9%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$567.75M
Net Margin13.9%
Revenue Growth (YoY)-0.7%
EPS Growth (YoY)-33.3%
FCF Growth (YoY)9.8%
Valuation vs Sector & Industry
Stock P/E97.0
Sector P/E (Financials)15.1
Industry P/E (Trading)34.6
vs Sector540.9%
vs Industry180.4%
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderVANGUARD GROUP INC ($1.03B)
Institutional Holders Tracked10
Congressional Trades (recent)2
Company
SectorFinancials
IndustryTrading
CEODouglas Irving Ostrover
Employees1,200
CountryUS
IPO Date2020-12-14

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OWL earnings history · OWL institutional & insider holders · OWL KPIs & operating metrics · OWL financials · OWL investor presentations & press releases · OWL SEC filings · OWL peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-20.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.