Blue Owl Capital Corporation (OBDC) - Net Assets
Based on the latest financial reports, Blue Owl Capital Corporation (OBDC) has net assets worth $7.40 Billion USD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($17.19 Billion) and total liabilities ($9.79 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Blue Owl Capital Corporation (OBDC) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $7.40 Billion |
| % of Total Assets | 43.04% |
| Annual Growth Rate | 30.36% |
| 5-Year Change | 24.58% |
| 10-Year Change | N/A |
| Growth Volatility | 50.16 |
Blue Owl Capital Corporation - Net Assets Trend (2016–2025)
This chart illustrates how Blue Owl Capital Corporation's net assets have evolved over time, based on quarterly financial data. Also explore total assets of Blue Owl Capital Corporation for the complete picture of this company's asset base.
Annual Net Assets for Blue Owl Capital Corporation (2016–2025)
The table below shows the annual net assets of Blue Owl Capital Corporation from 2016 to 2025. For live valuation and market cap data, see Blue Owl Capital Corporation (OBDC) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $7.40 Billion | +24.26% |
| 2024-12-31 | $5.95 Billion | -1.14% |
| 2023-12-31 | $6.02 Billion | +2.36% |
| 2022-12-31 | $5.88 Billion | -0.93% |
| 2021-12-31 | $5.94 Billion | +3.33% |
| 2020-12-31 | $5.75 Billion | -3.86% |
| 2019-12-31 | $5.98 Billion | +83.08% |
| 2018-12-31 | $3.26 Billion | +121.71% |
| 2017-12-31 | $1.47 Billion | +116.39% |
| 2016-12-31 | $680.52 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Blue Owl Capital Corporation's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 1621.8% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $4.99 Million | 0.07% |
| Other Components | $7.51 Billion | 101.55% |
| Total Equity | $7.40 Billion | 100.00% |
Blue Owl Capital Corporation Competitors by Market Cap
The table below lists competitors of Blue Owl Capital Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Maha Properti Indonesia Tbk PT
JK:MPRO
|
$5.37 Billion |
|
Atlantic Union Bankshares Corp
NYSE:AUB
|
$5.37 Billion |
|
Oberbank AG
VI:OBS
|
$5.38 Billion |
|
CNX Resources Corp
NYSE:CNX
|
$5.38 Billion |
|
Zhejiang Weiming Environment Protection Co Ltd
SHG:603568
|
$5.37 Billion |
|
Shanghai Fudan Microelectronics Group Co Ltd
SHG:688385
|
$5.37 Billion |
|
OrangePL
WAR:OPL
|
$5.37 Billion |
|
Lien Viet Post Joint Stock Commercial Bank
VN:LPB
|
$5.37 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Blue Owl Capital Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 5,952,841,000 to 7,397,279,000, a change of 1,444,438,000 (24.3%).
- Net income of 627,407,000 contributed positively to equity growth.
- Dividend payments of 752,524,000 reduced retained earnings.
- Share repurchases of 148,200,000 reduced equity.
- New share issuances of 3,070,000 increased equity.
- Other factors increased equity by 1,714,685,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $627.41 Million | +8.48% |
| Dividends Paid | $752.52 Million | -10.17% |
| Share Repurchases | $148.20 Million | -2.0% |
| Share Issuances | $3.07 Million | +0.04% |
| Other Changes | $1.71 Billion | +23.18% |
| Total Change | $- | 24.26% |
Book Value vs Market Value Analysis
This analysis compares Blue Owl Capital Corporation's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.81x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 4.96x to 0.81x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | $2.39 | $11.86 | x |
| 2017-12-31 | $5.68 | $11.86 | x |
| 2018-12-31 | $24.05 | $11.86 | x |
| 2019-12-31 | $18.41 | $11.86 | x |
| 2020-12-31 | $14.79 | $11.86 | x |
| 2021-12-31 | $15.14 | $11.86 | x |
| 2022-12-31 | $14.93 | $11.86 | x |
| 2023-12-31 | $15.44 | $11.86 | x |
| 2024-12-31 | $15.26 | $11.86 | x |
| 2025-12-31 | $14.62 | $11.86 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Blue Owl Capital Corporation utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 8.48%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 37.37%
- • Asset Turnover: 0.10x
- • Equity Multiplier: 2.32x
- Recent ROE (8.48%) is above the historical average (8.09%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 2.44% | 66.94% | 0.02x | 1.74x | $-51.42 Million |
| 2017 | 7.04% | 88.82% | 0.05x | 1.66x | $-43.52 Million |
| 2018 | 6.19% | 91.10% | 0.04x | 1.82x | $-124.24 Million |
| 2019 | 8.33% | 109.03% | 0.05x | 1.54x | $-99.73 Million |
| 2020 | 6.75% | 88.34% | 0.04x | 1.97x | $-186.90 Million |
| 2021 | 10.52% | 70.82% | 0.07x | 2.24x | $31.09 Million |
| 2022 | 7.93% | 57.66% | 0.06x | 2.31x | $-121.89 Million |
| 2023 | 13.17% | 62.22% | 0.09x | 2.24x | $191.17 Million |
| 2024 | 9.99% | 54.06% | 0.08x | 2.33x | $-304.10K |
| 2025 | 8.48% | 37.37% | 0.10x | 2.32x | $-112.32 Million |
Industry Comparison
This section compares Blue Owl Capital Corporation's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $1,282,182,370
- Average return on equity (ROE) among peers: -7.28%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Blue Owl Capital Corporation (OBDC) | $7.40 Billion | 2.44% | 1.32x | $5.37 Billion |
| Acadian Asset Management Inc (AAMI) | $384.40 Million | 74.58% | 2.59x | $1.86 Billion |
| AllianceBernstein Holding L.P. (AB) | $1.60 Billion | 15.33% | 0.00x | $3.60 Billion |
| Associated Capital Group Inc (AC) | $948.70 Million | 4.12% | 0.07x | $78.56 Million |
| Abrdn Emerging Markets Equity Income Fund Inc (AEF) | $141.30 Million | 14.06% | 0.03x | $265.69 Million |
| AgriFORCE Growing Systems Ltd (AGRI) | $2.99 Million | -170.94% | 0.46x | $194.14 Million |
| Alvarium Tiedemann Holdings Inc. (ALTI) | $17.85 Million | -32.96% | 4.15x | $368.87 Million |
| Affiliated Managers Group Inc (AMG) | $962.54 Million | 12.37% | 1.41x | $8.19 Billion |
| Ameriprise Financial Inc (AMP) | $9.71 Billion | 10.60% | 12.87x | $41.87 Billion |
| AMTD IDEA Group (AMTD) | $-303.04 Million | 0.00% | 0.00x | $44.19 Million |
| Artisan Partners Asset Management Inc (APAM) | $-641.09 Million | 0.00% | 0.00x | $2.65 Billion |
About Blue Owl Capital Corporation
Blue Owl Capital Corporation is a business development company. It specializes in direct and fund of fund investments. The fund makes investments in senior secured, direct lending or unsecured loans, subordinated loans or mezzanine loans and also considers equity-related securities including warrants and preferred stocks also pursues preferred equity investments, first lien, unitranche, and secon… Read more