Financial health
- Total debt ($9.3B) exceeds cash ($569M); net debt is $8.7B.
Shareholder returns
- Dividends have been paid for 6 consecutive years, consuming 119.9% of earnings.
- The dividend has grown 10.7% per year over the past 5 years.
OBDC Financials Blue Owl Capital Corp
6 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
RevenueNet income
GrossOperatingNet
Free cash flow
CashTotal debt
OperatingInvestingFinancing
Key annual figures
| FY | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| 2025 | — | $627M | — | — | — | $9.3B | $569M |
| 2024 | — | $595M | — | — | — | $7.5B | $514M |
| 2023 | — | $793M | — | — | — | $7.1B | $660M |
| 2022 | — | $466M | — | — | — | $7.3B | $445M |
| 2021 | — | $625M | — | — | — | $7.1B | $447M |
| 2020 | — | $388M | — | — | — | — | $358M |
RevenueNet income
GrossOperatingNet
Free cash flow
CashTotal debt
OperatingInvestingFinancing
Key quarterly figures
| Quarter | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| Mar '26 | — | -$24M | — | — | — | $8.5B | $455M |
| Dec '25 | — | $119M | — | — | — | $9.3B | $569M |
| Sep '25 | — | $128M | — | — | — | $9.5B | $321M |
| Jun '25 | — | $138M | — | — | — | $9.2B | $360M |
| Mar '25 | — | $243M | — | — | — | $10.2B | $514M |
| Dec '24 | — | $155M | — | — | — | $7.5B | $514M |
| Sep '24 | — | $135M | — | — | — | $7.7B | $481M |
| Jun '24 | — | $122M | — | — | — | $7.4B | $380M |
| Mar '24 | — | $183M | — | — | — | $6.9B | $743M |
| Dec '23 | — | $189M | — | — | — | $7.1B | $660M |
| Sep '23 | — | $207M | — | — | — | $7.1B | $432M |
| Jun '23 | — | $196M | — | — | — | $7.0B | $368M |
| Mar '23 | — | $202M | — | — | — | $7.4B | $399M |
| Dec '22 | — | $192M | — | — | — | $7.3B | $445M |
| Sep '22 | — | $265M | — | — | — | $7.2B | $455M |
| Jun '22 | — | -$35M | — | — | — | — | $343M |
| Mar '22 | — | $44M | — | — | — | — | $333M |
| Dec '21 | — | $174M | — | — | — | $7.1B | $447M |
| Sep '21 | — | $143M | — | — | — | — | $795M |
Valuation over time
How the market has priced OBDC against its own fundamentals since 2023-07 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
- The price-to-earnings ratio has fallen from 15.1× (Jul '23) to 8.5× (Jun '26).
- The dividend yield has risen from 6.9% (Jul '23) to 14.2% (Jun '26).
P/E
Dividend yield %
Frequently asked questions
Is OBDC growing its revenue and profit?
See the revenue and net-income charts above for Blue Owl Capital Corp's multi-year trend.
How much debt does OBDC have?
As of FY2025, Blue Owl Capital Corp reported $9.3B of total debt against $569M of cash.
What is OBDC's profit margin?
In FY2025, gross margin was —, operating margin —, and net margin —.
What is OBDC's P/E ratio?
As of Jun '26, Blue Owl Capital Corp traded at a price-to-earnings ratio of about 8.5× (market cap ÷ latest annual net income). The valuation charts above show how its P/E and dividend yield have moved with the share price. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.