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| Date | Value |
|---|---|
| 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% |