Blue Owl Capital Cash Flow Statement
NYSE: OWLFinanceInvestment ManagersUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Blue Owl Capital free cash flow
In fiscal 2025, Blue Owl Capital generated $1.26 billion of operating cash flow and spent $57.7 million on capital expenditures. That left free cash flow of $1.20 billion, a free-cash-flow margin of 211.1% of revenue. Free cash flow was up 28.1% from the prior year's $935.4 million.
Blue Owl Capital returned $600.4 million to shareholders: $546.7 million in dividends and $53.7 million in share repurchases, equal to 50% of free cash flow. Free cash flow covered dividend payments 2.2 times.
Summary generated from market data by MetaCap's automated system. Methodology
Blue Owl Capital cash flow statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 |
|---|---|---|---|---|---|---|---|
| Net Income | 305.49M | 420.45M | 220.78M | -40.23M | -1.80B | -82.44M | 20.46M |
| Net Income growth (YoY) | -27.34% | +90.44% | — | — | — | -502.84% | — |
| Depreciation & Amortization | 23.45M | 16.66M | 10.23M | 2.30M | 665.00K | 673.00K | 829.00K |
| Stock-Based Compensation | 673.52M | 312.61M | 312.56M | 420.83M | 1.21B | 0 | 0 |
| Change in Working Capital | -93.41M | -14.10M | -15.49M | -1.78M | -2.10M | -9.75M | 2.06M |
| Operating Cash Flow | 1.26B | 999.55M | 949.14M | 728.45M | 281.66M | 5.23M | 44.06M |
| Capital Expenditures | -57.75M | -64.19M | -67.91M | -65.54M | -5.26M | -652.00K | -1.17M |
| Investing Cash Flow | -270.57M | -638.14M | -118.03M | -485.22M | -1.60B | -652.00K | -1.17M |
| Dividends Paid | -546.66M | -368.33M | -247.88M | -182.55M | -47.08M | 0 | 0 |
| Share Repurchases | -53.69M | 0 | 0 | -78.79M | 0 | 0 | — |
| Debt Issued | 2.27B | 2.17B | 1.05B | 775.06M | 1.39B | 240.55M | 344.94M |
| Debt Repaid | -1.54B | -1.25B | -1.00B | -323.00M | -577.84M | -171.46M | -83.59M |
| Financing Cash Flow | -943.04M | -313.48M | -795.03M | -217.72M | 1.35B | -295.00K | -43.01M |
| Net Change in Cash | 42.42M | 47.93M | 36.08M | 25.51M | 30.94M | 4.29M | -116.00K |
| Free Cash Flow | 1.20B | 935.37M | 881.24M | 662.91M | 276.40M | 4.58M | 42.89M |
This table shows 7 annual periods of Blue Owl Capital's cash flow statement, from FY 2025 back to FY 2019, across 14 line items including net income, depreciation & amortization, stock-based compensation. Values in USD; B = billions, M = millions. Fiscal periods follow OWL's reporting calendar. What is a cash flow statement?