Blue Owl Capital Inc. Valuation Multiples

Blue Owl Capital Inc. is valued at $6.1B as of October 2026, a 5.0x revenue multiple. In the last 12 months, Blue Owl Capital Inc. revenue was $2.8B and Blue Owl Capital Inc. EBITDA was $1.6B.

Blue Owl Capital Inc. Overview

About Blue Owl Capital Inc.

Blue Owl Capital Inc. is an American alternative asset manager headquartered at 399 Park Avenue in New York City and listed on the New York Stock Exchange under the ticker OWL. It manages credit, GP strategic capital and real assets strategies: direct loans to middle-market companies, minority equity stakes in private equity and other alternative asset managers, and net lease real estate, for institutional and retail investors. At the end of 2025 it had $307.5 billion of assets under management, revenue of $2.9 billion and about 1,365 employees. The firm was created in May 2021 when Owl Rock Capital Group, a middle-market direct lender founded in 2016, and Dyal Capital Partners, a GP-stakes investor formed in 2011 by Michael Rees, combined with the SPAC Altimar Acquisition Corp in a deal valued at $12.2 billion; its founders include Doug Ostrover, Marc Lipschultz, Craig Packer and Rees. Blue Owl then bought net lease real estate manager Oak Street for $950 million in 2021 and agreed to buy private credit firm Atalaya Capital Management in 2024. In October 2025 it formed a $27 billion joint venture with Meta Platforms to develop the Hyperion AI data center in Richland Parish, Louisiana.


Founded

2021

HQ

United States

Employees

1.4K

Financials (LTM)

Revenue: $2.8B
EBITDA: $1.6B

EV

$14B

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Blue Owl Capital Inc. Financials

Blue Owl Capital Inc. reported last 12-month revenue of $2.8B and EBITDA of $1.6B.

In the same LTM period, Blue Owl Capital Inc. generated $1.6B in EBITDA and $1.2B in net income.

Revenue (LTM)


Blue Owl Capital Inc. P&L

In the most recent fiscal year, Blue Owl Capital Inc. reported revenue of $2.9B and EBITDA of $849M.

Blue Owl Capital Inc. is profitable as of last fiscal year, with gross margin of 54%, EBITDA margin of 30%, and net margin of 3%.

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LTMLast FY202320242025202620272028
Revenue$2.8B$2.9B$1.7B$2.3B$2.9B
Gross Profit-$1.6B$861M$1.3B$1.6B
Gross Margin-54%50%56%54%
EBITDA$1.6B$849M$633M$866M$849M
EBITDA Margin57%30%37%38%30%
EBIT Margin51%16%18%26%16%
Net Profit$1.2B$79M$54M$110M$79M
Net Margin44%3%3%5%3%
Net Debt-$3.1B---

Financial data powered by Morningstar, Inc.

Blue Owl Capital Inc. Stock Performance

Blue Owl Capital Inc. has current market cap of $6.1B, and enterprise value of $14B.

Market Cap Evolution


Blue Owl Capital Inc.'s stock price is $8.97.

Blue Owl Capital Inc. share price decreased by 1.3% in the last 30 days, and by 41.9% in the last year.

Blue Owl Capital Inc. has an EPS (earnings per share) of $0.12.

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EVMarket CapPrice 1DPrice 1MPrice 3MPrice 12MEPS
$14B$6.1B2.0%-1.3%-12.9%-41.9%$0.12

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Blue Owl Capital Inc. Valuation Multiples

Blue Owl Capital Inc. trades at 5.0x EV/Revenue multiple, and 8.6x EV/EBITDA.

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EV / Revenue (LTM)


Blue Owl Capital Inc. Financial Valuation Multiples

As of October 16, 2026, Blue Owl Capital Inc. has market cap of $6.1B and EV of $14B.

Blue Owl Capital Inc. has a P/E ratio of 5.0x.

LTMLast FY202320242025202620272028
EV/Revenue5.0x4.9x8.0x6.1x4.9x
EV/EBITDA8.6x16.4x22.0x16.1x16.4x
EV/EBIT9.7x30.5x43.8x23.0x30.5x
EV/Gross Profit-8.9x16.2x10.9x8.9x
P/E5.0x77.8x112.9x56.0x77.8x
EV/FCF22.4x11.6x15.8x14.9x11.6x

Multiples above and below 250x are considered non-meaningful (n/m). Valuation data powered by FactSet, Inc. and Morningstar, Inc.

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Blue Owl Capital Inc. Margins & Growth Rates

Blue Owl Capital Inc. decreased revenue by 1% but EBITDA grew by 93% in the last fiscal year.

In the most recent fiscal year, Blue Owl Capital Inc. reported gross margin of 54%, EBITDA margin of 30%, and net margin of 3%.

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Blue Owl Capital Inc. Margins

Last FY202420252026202720282029
Gross Margin54%56%54%-
EBITDA Margin30%38%30%58%
EBIT Margin16%26%16%50%
Net Margin3%5%3%43%
FCF Margin42%41%42%27%

Blue Owl Capital Inc. Growth Rates

FY+1/FY23/2424/2525/2626/2727/2828/29
Revenue Growth(1%)33%25%(1%)
Gross Profit Growth-48%22%-
EBITDA Growth93%37%(2%)93%
EBIT Growth214%91%(25%)214%
Net Profit Growth1446%102%(28%)1446%
FCF Growth(37%)6%28%(37%)

Data powered by FactSet, Inc. and Morningstar, Inc.

Blue Owl Capital Inc. Operational KPIs

Blue Owl Capital Inc.'s revenue per employee in the last FY averaged $2.1M, while opex per employee averaged $1.8M for the same period.

Blue Owl Capital Inc.'s Rule of 40 is 57% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).

Blue Owl Capital Inc.'s Rule of X is 55% (created by Bessemer, Rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).

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LTMLast FY202320242025202620272028
Rule of 4068%57%---
Bessemer Rule of X83%55%---
Revenue per Employee-$2.1M---
Opex per Employee-$1.8M---
G&A Expenses to Revenue13%26%14%18%26%
Opex to Revenue40%84%31%29%84%

Data powered by FactSet, Inc. and Morningstar, Inc.

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Blue Owl Capital Inc. Competitors

Blue Owl Capital Inc. competitors include Zheshang Securities, Charter Hall Group, Vontobel, Korea Investment Holdings, SDIC Capital, Soochow Securities, China CITIC Financial, Capital Securities Corp., Aedifica and Compagnie du Cambodge.

Most Blue Owl Capital Inc. public comparables operate across Asset Management.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Zheshang Securities$1.3B-4.7x4.1x--
Charter Hall Group$312M-20.7x10.7x-12.9x
Vontobel$1.7B-1.7x1.5x--
Korea Investment Holdings$3.7B-1.7x1.5x--
SDIC Capital$2B$884M3.0x2.9x6.8x-
Soochow Securities$1.3B-4.5x4.3x--
China CITIC Financial$7.4B$3.9B21.1x21.1x40.0x35.6x
Capital Securities Corp.$374M-15.8x---

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Acquisitions by Blue Owl Capital Inc.

Blue Owl Capital Inc. has acquired 15 companies to date.

Last acquisition by Blue Owl Capital Inc. was on April 20th 2026. Blue Owl Capital Inc. acquired Sila Realty Trust for $2.4B (EV/Revenue multiple available to Pro users).

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Latest Acquisitions by Blue Owl Capital Inc.

Sila Realty Trust
Interos
Beignet Investor
Gigabit Fiber
Description
Sila Realty Trust Inc is a real estate investment trust. Its investment objective is to pay regular cash distributions to stockholders and to preserve, protect, and return capital contributions to stockholders. The company owns and manages healthcare assets. The company generates revenue from real estate investments in healthcare properties.
Interos is an Arlington-headquartered provider of AI-powered supply chain risk management software serving U.S. federal agencies and Fortune 500 enterprises. The platform aggregates data from over 300 sources to deliver ecosystem mapping, supplier risk scoring, and continuous monitoring for third-party risks including geopolitical, financial, and ESG factors. Deployed by clients like Lockheed Martin and the Department of Defense, Interos enables predictive analytics to enhance supply chain resiliency. Founded in 2005, the company processes billions of commercial relationships annually.
Beignet Investor is the joint venture company that owns and is developing Meta Platforms' Hyperion AI data center campus in Richland Parish, Louisiana. Funds managed by Blue Owl Capital own 80% of the venture and Meta owns the remaining 20%. The partners committed to fund their pro rata shares of about $27 billion of total development costs for the buildings and the long-lived power, cooling and connectivity infrastructure of the campus. The venture financed the project mainly through a single $27.3 billion senior secured, fully amortising bond placed in October 2025 with investors led by PIMCO and BlackRock. Meta provides construction management and property management services, and it leases the capacity as the campus's tenant, so the venture earns rental income from Meta. Beignet sits outside Meta's consolidated balance sheet, an off-balance-sheet structure that drew wide comment in financial markets.
Gigabit Fiber is a Dallas-based provider of dark and lit fiber optic communications infrastructure in Texas. The company owns and operates about 500 route miles of conduit and high-count fiber that connect more than 50 data centers, with networks in the Dallas-Fort Worth Metroplex, Austin, El Paso, San Antonio and South Texas. It leases dark fiber and conduit and sells lit connectivity to hyperscale cloud companies, data center operators, carriers and enterprises, with a focus on data-center-to-data-center links and campus connections. The business traces its origins to InnerCity FiberNet, founded in 2002, which assembled its network by acquiring conduit systems from earlier carriers. Chairman and chief executive Tom Spackman, the largest individual shareholder, leads the company, and funds managed by Blue Owl's Digital Infrastructure strategy hold a 51% stake in its enterprise, carrier and hyperscale fiber business following a 2025 investment.
HQ CountryUnited StatesUnited StatesUnited StatesUnited States
HQ City
-
Washington, DC
Richland Parish
Dallas
Deal Date20 Apr 20266 Jan 202621 Oct 202515 Sep 2025
Valuation$2.4Bundisclosedundisclosedundisclosed
EV/Revenue
EV/EBITDA

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Investments by Blue Owl Capital Inc.

Blue Owl Capital Inc. has invested in 103 companies to date.

Latest investment by Blue Owl Capital Inc. was on July 28th 2026. Blue Owl Capital Inc. invested in CAIS in their $170M Series D round (EV/Revenue multiple available to Pro users).

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Latest Investments by Blue Owl Capital Inc.

CAIS
BlackFin Capital Partners
Cleveland Cavaliers
Windward Bio
Description
New York-headquartered CAIS is a fintech platform connecting independent financial advisors to alternative investments including hedge funds, private equity, private credit, real estate, structured notes, and digital assets. The marketplace streamlines access, execution, and reporting for over 4,000 advisor firms managing $4 trillion in assets. CAIS partners with Mercer for due diligence on fund managers and offers model portfolios via Allvue integration. Registered as an NFA member, securities are distributed through CAIS Capital LLC, a FINRA and SIPC member.
BlackFin Capital Partners is a European investment manager dedicated to financial services and financial technology. Founded by entrepreneurs and headquartered in Paris, the firm also operates from Amsterdam, Brussels, Frankfurt and London. BlackFin runs two distinct strategies: buyout funds for asset-light financial-services businesses and venture funds for technology companies transforming the sector. Buyout investments target areas such as insurance distribution, payments, wealth and asset management, software and outsourced financial infrastructure, often using add-on acquisitions to build scale. The venture team backs earlier-stage fintech and insurtech companies with products capable of expanding across Europe. BlackFin emphasises sector-specialist operating support and local sourcing through its five-office network. As of June 2025, the manager reported €4 billion raised, six funds, more than 110 completed deals and a team of over fifty people, placing it well beyond the €2 billion and twenty-platform figures in the previous profile.
Cleveland Cavaliers is an American professional basketball franchise based in Cleveland, Ohio, that competes in the NBA's Central Division of the Eastern Conference and has played home games at Rocket Arena downtown since 1994, sharing it with the AHL's Cleveland Monsters. Founded in 1970 as an expansion team alongside Portland and Buffalo, the Cavs first played at Cleveland Arena and then the Richfield Coliseum. Owners have included Ted Stepien from 1980, whose tenure brought $15 million in losses, George and Gordon Gund from 1983 and, since March 2005, Dan Gilbert, who remains majority owner with minority partners including Gary Gilbert, Usher Raymond and Myles Garrett. After drafting LeBron James first overall in 2003, the team reached its first NBA Finals in 2007 and won the 2016 NBA championship, its only title, among five conference titles. The club earns revenue from ticketing, media rights, sponsorship, with Cleveland-Cliffs as main sponsor, and merchandise. Nic Barlage is chief executive, Koby Altman president, Brandon Weems general manager and Kenny Atkinson head coach.
Windward Bio is a Basel, Switzerland-based clinical-stage biotechnology company launched in January 2025. It develops long-acting immunology therapies for serious respiratory and dermatological diseases such as severe asthma and COPD, including its lead candidate WIN378, a long-acting anti-TSLP monoclonal antibody in-licensed from Kelun-Biotech and Harbour BioMed. The company has in-licensed a second bispecific antibody candidate, WIN027, from Qyuns Therapeutics to expand its pipeline in respiratory and dermatology indications.
HQ CountryUnited StatesFranceUnited StatesSwitzerland
HQ City
New York City, NY
Paris
Cleveland, OH
-
Deal Date28 Jul 202614 Jul 20265 Jul 20263 May 2026
RoundSeries DStrategic investmentSecondaryUndisclosed stage
Raised$170Mundisclosedundisclosed$165M
InvestorsVista Equity Partners; Blue Owl Capital Inc.; RBC; Carlyle Group; Lord Abbett; AllianceBernstein; Golub Capital; Fortress Investment GroupBlue Owl Capital Inc.Blue Owl Capital Inc.RTW Investments; Blue Owl Capital Inc.; Novo Holdings; Quan Capital; SR One; Janus Henderson; Qiming Venture Partners; HBM Holdings; Omega Funds; RA Capital Management; OrbiMed; Sanofi Ventures
Valuation$2Bundisclosed$5.5Bundisclosed
EV/Revenue
EV/EBITDA

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About Blue Owl Capital Inc.

When was Blue Owl Capital Inc. founded?Blue Owl Capital Inc. was founded in 2021.
Where is Blue Owl Capital Inc. headquartered?Blue Owl Capital Inc. is headquartered in United States.
How many employees does Blue Owl Capital Inc. have?As of today, Blue Owl Capital Inc. has over 1K employees.
Who is the CEO of Blue Owl Capital Inc.?Blue Owl Capital Inc.'s CEO is Marc S. Lipschultz.
Is Blue Owl Capital Inc. publicly listed?Yes, Blue Owl Capital Inc. is a public company listed on NYSE.
What is the stock symbol of Blue Owl Capital Inc.?Blue Owl Capital Inc. trades under OWL ticker.
When did Blue Owl Capital Inc. go public?Blue Owl Capital Inc. went public in 2021.
Who are competitors of Blue Owl Capital Inc.?Blue Owl Capital Inc. main competitors include Zheshang Securities, Charter Hall Group, Vontobel, Korea Investment Holdings, SDIC Capital, Soochow Securities, China CITIC Financial, Capital Securities Corp., Aedifica, Compagnie du Cambodge.
What is the current market cap of Blue Owl Capital Inc.?Blue Owl Capital Inc.'s current market cap is $6.1B.
What is the current revenue of Blue Owl Capital Inc.?Blue Owl Capital Inc.'s last 12 months revenue is $2.8B.
What is the current revenue growth of Blue Owl Capital Inc.?Blue Owl Capital Inc. revenue growth (NTM/LTM) is 10%.
What is the current EV/Revenue multiple of Blue Owl Capital Inc.?Current revenue multiple of Blue Owl Capital Inc. is 5.0x.
What is the current EBITDA of Blue Owl Capital Inc.?Blue Owl Capital Inc.'s last 12 months EBITDA is $1.6B.
What is Blue Owl Capital Inc.'s EBITDA margin?Blue Owl Capital Inc.'s last 12 months EBITDA margin is 57%.
What is the current EV/EBITDA multiple of Blue Owl Capital Inc.?Current EBITDA multiple of Blue Owl Capital Inc. is 8.6x.
What is the current FCF of Blue Owl Capital Inc.?Blue Owl Capital Inc.'s last 12 months FCF is $622M.
What is Blue Owl Capital Inc.'s FCF margin?Blue Owl Capital Inc.'s last 12 months FCF margin is 22%.
What is the current EV/FCF multiple of Blue Owl Capital Inc.?Current FCF multiple of Blue Owl Capital Inc. is 22.4x.
How many companies Blue Owl Capital Inc. has acquired to date?As of October 2026, Blue Owl Capital Inc. has acquired 15 companies.
What was the largest acquisition by Blue Owl Capital Inc.?$2.4B acquisition of Sila Realty Trust on 20th April 2026 was the largest M&A Blue Owl Capital Inc. has done to date.
What companies Blue Owl Capital Inc. acquired?Blue Owl Capital Inc. acquired Sila Realty Trust, Peter C. Foy & Associates, IPI Partners, Oak Street Real Estate Capital, Kuvare Asset Management (KAM), Atalaya Capital, Prima Capital Advisors, Wellfleet Credit Partners, South Reach Networks, Ascentium Group, and 5 other companies.
In how many companies Blue Owl Capital Inc. has invested to date?As of October 2026, Blue Owl Capital Inc. has invested in 103 companies.
What was the last Blue Owl Capital Inc. investment?On 28th July 2026 Blue Owl Capital Inc. invested in CAIS, participating in a $170M Series D round at $2B valuation, alongside Vista Equity Partners, RBC, Carlyle Group, Lord Abbett, AllianceBernstein, Golub Capital, and Fortress Investment Group.
In what companies Blue Owl Capital Inc. invested in?Blue Owl Capital Inc. invested in Crusoe AI Data Center, Big Brand Tire & Service, Nscale, MBK Partners, Bolt, AlphaSense, Kajabi, Nuvemshop, Trucordia, iCapital Network, Vestwell, MapLight Therapeutics, Klaviyo, Acorns, Cardurion Pharmaceuticals, Mirador Therapeutics, Kuvare, Illumio, Aviceda Therapeutics, Signifyd, and 83 other companies.

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