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