Blue Owl Capital (OBDC) Net Margin (2021 - 2026)

Blue Owl Capital's (OBDC) quarterly Net Margin came in at 2.59% in Q1 2026, down 327.0% year-on-year from 1.14% in Q1 2025, and down 114.0% quarter-over-quarter from 18.5% in Q4 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 2.59% for Q1 2026.

  • On a quarterly basis, Net Margin fell 327.0% year-over-year to 2.59% in Q1 2026; TTM through Mar 2026 was 9.74%, a 445.0% decrease from a year earlier, with the FY2025 full-year figure at 11.05%, down 552.0% from the prior year.
  • Net Margin eased to 2.59% in Q1 2026 per OBDC's latest filing, from 18.5% in the prior quarter.
  • Across five years, Net Margin topped out at 28.32% in Q4 2022 and bottomed at 2.59% in Q1 2026.
  • The 5-year median for Net Margin is 18.5% (2025), against an average of 16.06%.
  • Across the five-year window, Net Margin surged 661 bps in 2023 and slumped 1460 bps in 2025, its largest moves.
  • Year by year, Net Margin stood at 28.32% in 2022, then decreased by 25 bps to 21.19% in 2023, then gained by 11 bps to 23.46% in 2024, then slipped by 21 bps to 18.5% in 2025, then plunged by 114 bps to 2.59% in 2026.
  • Per Business Quant, the three latest OBDC Net Margin figures stand at 2.59% (Q1 2026), 18.5% (Q4 2025), and 7.94% (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Brookfield 1,236.60 Bn 1,311.20 Bn 18.56 Bn 0.55%
2 BlackRock 161.01 Bn 148.08 Bn - 32.99%
3 Blackstone 97.77 Bn 96.72 Bn - 34.77%
4 Apollo Global Management 70.80 Bn 90.38 Bn -409.00 Mn -889.40%
5 State Street 51.30 Bn 51.30 Bn - 18.57%
6 Ameriprise Financial 48.54 Bn 39.27 Bn 4.57 Bn 18.73%
7 Northern Trust 32.93 Bn 32.93 Bn - 37.97%
8 Raymond James Financial 32.59 Bn 17.67 Bn - 14.05%
9 Price T Rowe 24.70 Bn 21.13 Bn - 26.07%
10 Blue Owl Capital 5.34 Bn 4.92 Bn - -2.59%

Historic Data

Download Data
DateValue
Mar 31, 2026 -2.59%
Dec 31, 2025 18.50%
Sep 30, 2025 7.94%
Jun 30, 2025 13.40%
Mar 31, 2025 0.68%
Dec 31, 2024 23.46%
Sep 30, 2024 14.79%
Jun 30, 2024 20.17%
Mar 31, 2024 15.28%
Dec 31, 2023 21.19%
Sep 30, 2023 19.95%
Jun 30, 2023 18.84%
Mar 31, 2023 17.03%
Dec 31, 2022 28.32%
Sep 30, 2022 13.34%
Jun 30, 2022 21.14%
Mar 31, 2022 21.54%
Dec 31, 2021 27.25%
Sep 30, 2021 26.85%