BLUE OWL CAPITAL INC. Stock Research

Market Summary

USD11.08+0.07

Market Closed

0.64%

OWL Alerts

Big fall in Revenue (Y/Y)
Big jump in Earnings (Y/Y)

OWL Stock Price

OWL RSI Chart

OWL Valuation

Market Cap

4.9B

Price/Earnings (Trailing)

-531.36

Price/Sales (Trailing)

3.6

EV/EBITDA

772.92

Price/Free Cashflow

7.45

OWL Price/Sales (Trailing)

OWL Profitability

EBT Margin

-3.62%

Return on Equity

-0.58%

Return on Assets

-0.1%

Free Cashflow Yield

13.43%

OWL Fundamentals

OWL Revenue

Revenue (TTM)

1.4B

Revenue Y/Y

-31.33%

Revenue Q/Q

6.61%

OWL Earnings

Earnings (TTM)

-9.3M

Earnings Y/Y

100.4%

Earnings Q/Q

-22.72%

Price Action

52 Week Range

7.9714.30

(Low)(High)

Last 7 days

2.7%

Last 30 days

-10.8%

Last 90 days

3.9%

Trailing 12 Months

-10.0%

OWL Financial Health

Debt/Equity

1.01

Debt/Cashflow

0.45

OWL Investor Care

Dividend Yield

3.85%

Dividend/Share (TTM)

0.43

Shares Dilution (1Y)

30.44%

Diluted EPS (TTM)

-0.02

Financials for BLUE OWL CAPITAL

Income Statement (Last 12 Months)
Description	(%) Q/Q	2022Q4	2022Q3	2022Q1	2021Q4	2021Q3
Revenue	-16.0%	1,369,722,000	1,630,621,333	1,279,115,000	1,111,362,000	641,365,000
S&GA Expenses	-20.5%	220,610,000	277,485,000	235,082,000	206,648,000	-
EBITDA	100.5%	8,400,000	-1,592,720,666	-3,476,954,000	-3,416,570,000	-
EBITDA Margin	100.6%	0.01	-0.98	-2.72	-3.07	-2.92
Earnings Before Taxes	97.0%	-49,615,000	-1,657,721,000	-3,511,970,000	-3,444,494,000	-
EBT Margin	96.4%	-0.04	-1.02	-2.75	-3.10	-2.94
Interest Expenses	-13.1%	55,711,000	64,075,000	45,926,000	38,950,000	-
Net Income	97.7%	-9,289,000	-407,988,000	-616,326,666	-548,021,333	-
Net Income Margin	97.3%	-0.01	-0.25	-0.40	-0.40	-0.04
Free Cahsflow	21.0%	662,908,000	547,677,333	267,399,559	167,102,667	-

* denotes actual numbers (not divided by Millions)
Balance Sheet					(In Millions)
Description	(%) Q/Q	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4
Assets	1.1%	8,893	8,792	8,419	8,361	8,266
Cash Equivalents	72.2%	68.00	40.00	49.00	186	43.00
Goodwill	0%	4,205	4,205	4,205	72.00	4,132
Liabilities	5.9%	3,344	3,157	2,732	2,616	2,419
Long Term Debt	6.5%	1,625	1,526	1,400	1,413	1,174
Shareholder's Equity	-3.0%	1,605	1,655	1,623	1,617	1,664
Retained Earnings	-8.0%	-689	-638	-591	-549	-497
Additional Paid-In Capital	0.1%	2,294	2,293	2,214	2,166	2,161
Shares Outstanding	4.5%	441	423	417	-	-
Minority Interest	-0.9%	3,944	3,980	4,064	4,128	4,184

* denotes actual numbers (not divided by Millions)
Cashflow (Last 12 Months)					(In Millions)
Description	(%) Q/Q	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4
Cashflow From Operations	20.8%	728	603	473	293	170
Share Based Compensation	2.0%	421	412	289	1,695	1,566
Cashflow From Investing	-5.2%	-485	-461	-629	-1,728	-1,698
Cashflow From Financing	-49.1%	-217	-146	-231	1,800	1,699
Dividend Payments	5.4%	183	173	126	71.00	17.00
Buy Backs	132.0%	79.00	34.00	24.00	24.00	0.00

Risks for OWL

What is the probability of a big loss on OWL?

53.3%

Probability that BLUE OWL CAPITAL stock will be more than 20% underwater in next one year

47.5%

Probability that BLUE OWL CAPITAL stock will be more than 30% underwater in next one year.

23.3%

Probability that BLUE OWL CAPITAL stock will be more than 40% underwater in next one year.

*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does OWL drawdown profile look like?

Y-axis is the maximum loss one would have experienced if BLUE OWL CAPITAL was unfortunately bought at previous high price.

Drawdowns

Returns for OWL

Cumulative Returns on OWL

Which funds bought or sold OWL recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
2023-03-27	Neo Ivy Capital Management	added	2,679	420,000	434,000	0.29%
2023-03-23	MetLife Investment Management, LLC	reduced	-2.56	28,327	266,378	-%
2023-03-10	VICTORY CAPITAL MANAGEMENT INC	reduced	-0.05	61,646	480,646	-%
2023-02-28	Voya Investment Management LLC	reduced	-0.01	236,433	1,826,430	-%
2023-02-27	Parallax Volatility Advisers, L.P.	added	5.43	29,247	170,247	-%
2023-02-21	NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO	new	-	31,800	31,800	-%
2023-02-21	MACQUARIE GROUP LTD	sold off	-	-20,000	-	-%
2023-02-16	HARBOUR INVESTMENTS, INC.	unchanged	-	-46.00	954	-%
2023-02-15	1832 Asset Management L.P.	reduced	-3.86	2,928,590	31,058,600	0.06%
2023-02-15	GAMCO INVESTORS, INC. ET AL	new	-	264,470	264,470	-%

Latest Funds Activity

Are funds buying OWL calls or puts?

Calls

Puts

Are funds bullish or bearish(Calls - Puts)?

Net Call Options

No. of funds that own OWL

No. of Funds

BLUE OWL CAPITAL News

Schedule 13G FIlings of BLUE OWL CAPITAL

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Mar 13, 2023	koch companies defined benefit master trust	3.23%	14,372,940	SC 13G/A
Feb 14, 2023	blue pool capital ltd	9.2%	41,157,043	SC 13G/A
Feb 13, 2023	capital world investors	12.1%	53,934,631	SC 13G/A
Feb 13, 2023	capital international investors	8.0%	35,799,327	SC 13G/A
Feb 09, 2023	vanguard group inc	8.51%	37,880,184	SC 13G/A
Feb 14, 2022	altimar sponsor, llc	2.57%	9,385,625	SC 13G/A
Feb 14, 2022	blue pool capital ltd	13.4%	49,005,191	SC 13G/A
Feb 14, 2022	luxor capital group, lp	0%	0	SC 13G/A
Feb 14, 2022	point72 asset management, l.p.	0%	0	SC 13G/A
Feb 14, 2022	point72 asset management, l.p.	0%	0	SC 13G/A

OWL Fair Value

Recent SEC filings of BLUE OWL CAPITAL

View All Filings

Date Filed	Form Type	Document
Mar 13, 2023	4	Insider Trading
Mar 13, 2023	SC 13G/A	Major Ownership Report
Feb 27, 2023	10-K	Annual Report
Feb 23, 2023	4	Insider Trading
Feb 23, 2023	4	Insider Trading
Feb 23, 2023	4	Insider Trading
Feb 23, 2023	4	Insider Trading
Feb 23, 2023	4	Insider Trading
Feb 14, 2023	SC 13G/A	Major Ownership Report
Feb 13, 2023	8-K	Current Report

Latest Insider Trading transactions for OWL

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
2023-02-21	LIPSCHULTZ MARC S	acquired	-	-	418,576	co-president
2023-02-21	Rees Michael Douglas	acquired	-	-	125,909	co-president
2023-02-21	Zahr Marc	acquired	-	-	181,620	pres. of oak street div.
2023-02-21	Packer Craig	acquired	-	-	179,332	senior managing director
2023-02-21	Ostrover Douglas I	acquired	-	-	418,576	chief executive officer
2023-01-12	Zahr Marc	acquired	-	-	11,376,900	pres. of oak street div.
2022-12-15	Reddy Neena	acquired	-	-	446,306	general counsel and secretary
2022-12-15	Polland Andrew Robert	acquired	-	-	66,054	chief operating officer
2022-12-15	Polland Andrew Robert	acquired	-	-	13,390	chief operating officer
2022-12-15	Laurino Andrew Charles	acquired	-	-	100,419	senior managing director

About BLUE OWL CAPITAL

Douglas I. Ostrover

www.blueowl.com

350

Blue Owl Capital Inc. operates as an asset manager. It offers permanent capital base solutions that enables it to offer a holistic platform to middle market companies, large alternative asset managers, and corporate real estate owners and tenants. The company provides direct lending products that offer private credit products comprising diversified, technology, first lien, and opportunistic lending to middle-market companies; GP capital solutions products, which offers capital solutions, including GP minority equity investments, GP debt financing, and professional sports minority investments to large private capital managers; and real estate products that focuses on structuring sale-leaseback transactions, which includes triple net leases. It offers its solutions through permanent capital vehicles, as well as long-dated private funds. The company is headquartered in New York, New York.

OWL Income Statement

2022-12-31

Consolidated and Combined Statements of Operations - USD ($)
$ in Thousands

12 Months Ended

Dec. 31, 2022

Dec. 31, 2021

Dec. 31, 2020

Revenues

Revenues

$ 1,369,722

$ 823,878

$ 249,815

Expenses

Compensation and benefits

894,686

1,496,988

240,731

Amortization of intangible assets

256,909

113,889

General, administrative and other expenses

220,610

140,268

67,811

Total Expenses

1,372,205

1,751,145

308,542

Other Income (Loss)

Net losses on investments

(132)

(3,526)

Net losses on retirement of debt

(17,636)

Interest expense

(55,711)

(27,275)

(23,816)

Change in TRA liability

(11,435)

(13,848)

Change in warrant liability

34,634

(43,670)

Change in earnout liability

(14,488)

(834,255)

Total Other Income (Loss)

(47,132)

(940,210)

(23,816)

Loss Before Income Taxes

(49,615)

(1,867,477)

(82,543)

Income tax benefit

(9,380)

(65,211)

(102)

Consolidated and Combined Net Loss

(40,235)

(1,802,266)

(82,441)

Net loss attributable to noncontrolling interests

30,946

1,426,095

4,610

Net Loss Attributable to Blue Owl Capital Inc. (After May 19, 2021) / Owl Rock (Prior to May 19, 2021)

(9,289)

(376,171)

(77,831)

Net Loss Attributable to Class A Shares

$ (9,289)

Loss per Class A Share

Basic (in dollars per share)

$ (0.02)

Diluted (in dollars per share)

$ (0.02)

Weighted-Average Class A Shares

Basic (in shares)

^[1]

433,431,256

Diluted (in shares)

433,431,256

Management Fees, Net

Revenues

Revenues

$ 1,211,606

667,935

194,906

Administrative, transaction and other fees

Revenues

Revenues

145,895

150,037

54,909

Realized performance income

Revenues

Revenues

$ 12,221

$ 5,906

$ 0

[1]	Included in the weighted-average Class A Shares outstanding were RSUs that have vested but have not been settled in Class A Shares. These RSUs do not participate in dividends until settled in Class A Shares. See Note 13.