Blue Owl Capital (OBDC) Tax Rate (2021 - 2026)

Blue Owl Capital (OBDC) recorded quarterly Tax Rate of 8.96% in Q1 2026, up 57.36% quarter-over-quarter from 5.7% in Q4 2025, and up 233.0% on a YoY basis from 2.69% in Q1 2025.

Blue Owl Capital (OBDC) Tax Rate (2021 - 2026) Analysis & Trends

Blue Owl Capital's Tax Rate history runs 6 years deep, the most recent figure standing at 8.96% for Q1 2026.

  • In Q1 2026, Tax Rate rose 233.0% year-over-year to 8.96%; the TTM figure through Mar 2026 stood at 5.72% (up 205.0% YoY), while the FY2025 annual figure was 5.54%, up 151.0% from the prior year.
  • Tax Rate was 8.96% for Q1 2026 at Blue Owl Capital, up from 5.7% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 8.96% in Q1 2026 to a low of 0.58% in Q4 2024.
  • Historically, Tax Rate has averaged 4.29% across 5 years, with a median of 3.41% in 2025.
  • The sharpest annual moves came in 2024 and 2025: Tax Rate tumbled 409 bps in 2024, then jumped 512 bps in 2025.
  • A 5-year view of Tax Rate shows it stood at 2.71% in 2022, then surged by 72 bps to 4.67% in 2023, then tumbled by 88 bps to 0.58% in 2024, then surged by 887 bps to 5.7% in 2025, then soared by 57 bps to 8.96% in 2026.
  • The last three Tax Rate figures came in at 8.96% (Q1 2026), 5.7% (Q4 2025), and 7.33% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 BlackRock 163.18 Bn 153.56 Bn - 18.16
2 Blackstone 96.85 Bn 95.80 Bn - 13.55
3 Kkr 86.45 Bn 133.96 Bn - 40.05
4 Apollo Global Management 82.30 Bn 101.04 Bn 5.04 Bn 598.59
5 State Street 46.95 Bn 21.27 Bn - 21.16
6 Ameriprise Financial 43.65 Bn 43.52 Bn 4.57 Bn 20.02
7 Northern Trust 31.92 Bn 31.92 Bn - 24.99
8 Raymond James Financial 30.62 Bn 19.37 Bn - -
9 Ares Management 29.04 Bn 32.41 Bn - 19.13
10 Blue Owl Capital 5.43 Bn 5.01 Bn - 8.96

Historic Data

Download Data
DateValue
Mar 31, 2026 8.96%
Mar 31, 2026 8.96%
Dec 31, 2025 5.70%
Dec 31, 2025 5.70%
Sep 30, 2025 7.33%
Sep 30, 2025 7.33%
Jun 30, 2025 3.41%
Jun 30, 2025 3.41%
Mar 31, 2025 6.63%
Mar 31, 2025 6.63%
Dec 31, 2024 0.58%
Dec 31, 2024 0.58%
Sep 30, 2024 5.30%
Sep 30, 2024 5.30%
Jun 30, 2024 2.92%
Jun 30, 2024 2.92%
Mar 31, 2024 7.61%
Mar 31, 2024 7.61%
Dec 31, 2023 4.67%
Dec 31, 2023 4.67%