Blue Owl Capital (OBDC) Net Margin (2021 - 2026)
Blue Owl Capital (OBDC) recorded quarterly Net Margin of 6.26% in Q1 2026, down 41.12% quarter-over-quarter from 10.64% in Q4 2025, and down 509.0% on a YoY basis from 1.53% in Q1 2025.
Blue Owl Capital (OBDC) Net Margin (2021 - 2026) Analysis & Trends
Blue Owl Capital's Net Margin history runs 6 years deep, the most recent figure standing at 6.26% for Q1 2026.
- In Q1 2026, Net Margin fell 509.0% year-over-year to 6.26%; the TTM figure through Mar 2026 stood at 9.91% (down 606.0% YoY), while the FY2025 annual figure was 11.05%, down 624.0% from the prior year.
- Net Margin was 6.26% for Q1 2026 at Blue Owl Capital, down from 10.64% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 23.09% in Q1 2022 to a low of 6.26% in Q1 2026.
- Historically, Net Margin has averaged 16.66% across 5 years, with a median of 18.51% in 2022.
- The sharpest annual moves came in 2022 and 2023: Net Margin tumbled 911 bps in 2022, then soared 268 bps in 2023.
- A 5-year view of Net Margin shows it stood at 18.51% in 2022, then gained by 14 bps to 21.19% in 2023, then declined by 18 bps to 17.47% in 2024, then sank by 39 bps to 10.64% in 2025, then plunged by 41 bps to 6.26% in 2026.
- The last three Net Margin figures came in at 6.26% (Q1 2026), 10.64% (Q4 2025), and 8.62% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 163.18 Bn | 153.56 Bn | - | 34.73% |
| 2 | Blackstone | 96.85 Bn | 95.80 Bn | - | 34.77% |
| 3 | Kkr | 86.45 Bn | 133.96 Bn | - | 8.45% |
| 4 | Apollo Global Management | 82.30 Bn | 101.04 Bn | 5.04 Bn | -38.15% |
| 5 | State Street | 46.95 Bn | 21.27 Bn | - | 18.57% |
| 6 | Ameriprise Financial | 43.65 Bn | 43.52 Bn | 4.57 Bn | 18.73% |
| 7 | Northern Trust | 31.92 Bn | 31.92 Bn | - | 37.97% |
| 8 | Raymond James Financial | 30.62 Bn | 19.37 Bn | - | 12.72% |
| 9 | Ares Management | 29.04 Bn | 32.41 Bn | - | 8.40% |
| 10 | Blue Owl Capital | 5.43 Bn | 5.01 Bn | - | 6.26% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 6.26% |
| Dec 31, 2025 | 10.64% |
| Sep 30, 2025 | 8.62% |
| Jun 30, 2025 | 13.40% |
| Mar 31, 2025 | 11.36% |
| Dec 31, 2024 | 17.47% |
| Sep 30, 2024 | 15.67% |
| Jun 30, 2024 | 20.17% |
| Mar 31, 2024 | 15.93% |
| Dec 31, 2023 | 21.19% |
| Sep 30, 2023 | 19.95% |
| Jun 30, 2023 | 19.45% |
| Mar 31, 2023 | 19.57% |
| Dec 31, 2022 | 18.51% |
| Sep 30, 2022 | 20.88% |
| Jun 30, 2022 | 21.14% |
| Mar 31, 2022 | 23.09% |
| Dec 31, 2021 | 27.61% |
| Sep 30, 2021 | 27.48% |