Blue Owl Capital (OBDC) Operating Margin (2021 - 2025)

Blue Owl Capital has reported Operating Margin over the past 5 years, most recently at 43.58% for Q4 2025.

  • Quarterly results put Operating Margin at 43.58% for Q4 2025, down 325.0% from a year ago — trailing twelve months through Dec 2025 was 43.88% (down 326.0% YoY), and the annual figure for FY2025 was 43.88%, down 326.0%.
  • Operating Margin for Q4 2025 was 43.58% at Blue Owl Capital, up from 42.64% in the prior quarter.
  • Over the last five years, Operating Margin for OBDC hit a ceiling of 49.43% in Q4 2023 and a floor of 42.64% in Q3 2025.
  • Median Operating Margin over the past 5 years was 46.96% (2022), compared with a mean of 46.85%.
  • Biggest five-year swings in Operating Margin: skyrocketed 257bps in 2023 and later plummeted -378bps in 2025.
  • Blue Owl Capital's Operating Margin stood at 49.31% in 2021, then decreased by -5bps to 46.87% in 2022, then increased by 5bps to 49.43% in 2023, then dropped by -5bps to 46.83% in 2024, then decreased by -7bps to 43.58% in 2025.
  • The last three reported values for Operating Margin were 43.58% (Q4 2025), 42.64% (Q3 2025), and 45.08% (Q2 2025) per Business Quant data.