OBDC
Blue Owl Capital Corp
Next earnings Aug 4, 2026 · consensus $0.33 EPS, $404M rev
Last earnings -1.3% on 2026-05-06
$10.82
▲ 0.00%$10.82▼ -14.66%
over 1Y
L $10.46EODHDH $13.75
Earnings Dividend Split Congress buy Congress sellGrouped by date · hover a pin to expand
Today+0.0%
1W+0.3%
1M-3.1%
3M+3.4%
YTD-10.8%
1Y-14.7%
Hold
Conviction
Horizon
Medium (3–12mo)
12-mo target
$•••
Street · 19 analysts
Buy
Big externally-managed BDC trading below book at 8.8x EPS with a fat dividend, but EPS fell and leverage is rising.
P/E 8.8 · FY2025
The read
Middling fundamentals offset by an attractive price (~91% below fair value) — worth a look on the value angle.
Blue Owl Capital Corp is a business development company that originates loans to U.S. upper-middle-market companies (those generating more than $50 million of EBITDA annually), per the 10-K MD&A. FY2025 net income was $627M (+5.5%), but diluted EPS slipped to $1.24 (-19.0%) as the share count and asset base grew faster than earnings. At $10.87 the stock trades at 8.8x EPS, and with stockholders' equity of $7.40B against 499M shares the price sits below book value, the typical pattern for a BDC the market views with some caution.
Financials · annual, by fiscal year
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | — | — | — | — | — |
| Gross profit | — | — | — | — | — |
| Operating income | — | — | — | — | — |
| Net income | $625M | $466M | $793M | $595M | $627M |
| Diluted EPS | $1.59 | $1.18 | $2.03 | $1.53 | $1.24 |
| Net margin | — | — | — | — | — |
Annual figures from SEC 10-K XBRL filings. Open the filing links below for full statement detail.
Key statistics
Valuation
Enterprise value—
EV / EBITDA—
EV / Sales—
EV / FCF—
P / FCF—
PEG (trailing)1.60
Earnings yield11.6%
FCF yield—
Quality & risk
ROIC (est.)—
Free cash flow—
Total debt$9.30B
Net cash-$8.73B
Piotroski F-Score4/6
Capital returns
Buyback yield2.7%
Dividend yield (est.)13.9%
Shareholder yield16.7%
Shares Δ YoY-2.2%
Computed from SEC XBRL annual figures + the current quote. EV and ROIC use long-term + current debt where filed; estimates, not investment advice.
Disclosure timeline
SEC · 8-Ks + reportsRoutine disclosure cadence — no material red flags in recent filings.
Recent filings
all on EDGAR ↗8-KPeriod ending 2026-06-252026-06-26open ↗4Period ending 2026-06-022026-06-03open ↗40-17GFiling2026-05-27open ↗8-KPeriod ending 2026-05-182026-05-21open ↗424B2Filing2026-05-19open ↗497ADFiling2026-05-19open ↗497ADFiling2026-05-19open ↗FWPFiling2026-05-18open ↗497ADFiling2026-05-18open ↗424B2Filing2026-05-18open ↗4Period ending 2026-05-112026-05-12open ↗8-KPeriod ending 2026-05-062026-05-06open ↗
Frequently asked
- Is Blue Owl Capital Corp (OBDC) a buy?
- OBDC currently carries a Hold rating with 3/5 conviction, derived from its latest SEC filings. Big externally-managed BDC trading below book at 8.8x EPS with a fat dividend, but EPS fell and leverage is rising.
- What is OBDC's fair value?
- A Modified-Graham model based on OBDC's SEC fundamentals estimates a fair value of about $20.68. It is an estimate from reported earnings, not a price target.
- Is OBDC overvalued or undervalued?
- Against a Modified-Graham fair-value estimate, OBDC currently appears undervalued relative to its SEC-grounded earnings power.
- What is Blue Owl Capital Corp's quality score?
- OBDC scores 74.41176470588235/100 (grade B) on a SEC-grounded quality model spanning value, growth, profitability, financial health and momentum.
Sources: SEC EDGAR (CIK 0001655888, latest 10-Q filed 2026-05-06) · EODHD · analysis by claude-code · as of 6/21/2026, 8:45:32 PM.
Research and education only — not financial advice. EDGAR is not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities EDGAR rates; see Disclosures. Past performance does not guarantee future results. Do your own research.