Blue Owl Capital Corporation (OBDC) AI Stock Analysis

Blue Owl Capital Corporation operates as a business development company specializing in strategic investments across middle market companies in the United States. The firm focuses on senior secured or unsecured loans, subordinated loans, mezzanine loans, as well as equity-related securities such as warrants and preferred stocks. It also pursues preferred and common equity investments in the private equity sector to support growth, acquisitions, market expansion, refinancings, and recapitalizations. Blue Owl targets companies with annual EBITDA between $10 million and $250 million, or annual revenues from $50 million to $2.5 billion at the time of investment.

Between FY2020 and FY2025, OBDC produced a 5-year revenue CAGR of 30.8%. Annual revenue rose 52.6% in FY2025 to $1.68B, rebounding from $1.10B in FY2024. Operating margin stood at 73.2% in FY2025, while net margin reached 37.4% alongside net income of $627.4M and EPS of $1.55. For the trailing twelve months, revenue reached $1.70B with an operating margin of 74.7% and a profit margin of 17.0%. However, performance softened in the latest quarter ending June 30, 2026, with quarterly revenue falling 17.4% year-over-year and quarterly earnings contracting 50.7%.

As of June 30, 2026, OBDC held $237.4M in cash and short-term investments against total debt of $6.10B, resulting in net debt of $5.86B. Shareholders' equity was $7.03B and total assets were $15.35B, yielding a debt-to-equity ratio of 0.87 and a current ratio of 0.18. In FY2025, operating cash flow and free cash flow were both $1.74B. Capital allocation in FY2025 included $752.5M paid in dividends and $148.2M spent on share buybacks, while share count expanded 26.1% over the past 5 years.

OBDC carries a market cap of $5.02B and an enterprise value of $12.67B. It trades at a trailing P/E of 18.1x, higher than the 12.1x median of its US-listed Financial Services peers. Conversely, its forward P/E of 8.3x and price-to-book ratio of 0.8x sit below peer levels, while price-to-sales stands at 2.9x compared to the peer median of 3.2x. Over the past year, the stock declined 8.8%, underperforming the S&P 500 (SPY) return of 16.8%. Over five years, OBDC returned 23.0% compared to 83.0% for SPY.

OBDC pays a quarterly dividend with an annualized forward payout of $1.24 per share, translating to a dividend yield of 12.27%. The payout ratio is 73.2%, and the company has paid dividends for 8 consecutive years. Its 5-year annualized dividend growth rate is 0.0%. The most recent ex-dividend date was September 30, 2026.

Wall Street coverage consists of 8 Strong Buy, 3 Buy, and 2 Hold ratings, with zero Sell or Strong Sell ratings. The mean price target is $13.17, representing a 30.3% premium over the last close of $10.11. For the fiscal year ending December 31, 2026, consensus estimates project revenue of $1.57B and EPS of $1.32, reflecting a projected EPS contraction of 16.5%. OBDC has beaten EPS estimates in 2 of the past 4 quarters, and its next earnings date is November 4, 2026.

This page is an AI-written research summary of Blue Owl Capital Corporation (OBDC). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

Related: OBDC income statement, OBDC balance sheet, OBDC key metrics, OBDC analyst forecast, OBDC chart. See the OBDC stock overview for the latest quote and news.