Blue Owl Capital annual net debt
2021
2022
2023
2024
2025
Blue Owl Capital Net Debt Growth & History (OBDC)
Blue Owl Capital's net debt was $8.73B for fiscal 2025.
View full Blue Owl Capital company overviewBlue Owl Capital annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $8.73B | $1.79B | +25.75% |
| 2024 | 2024-12-31 | $6.94B | $526.1M | +8.20% |
| 2023 | 2023-12-31 | $6.42B | −$419.2M | −6.13% |
| 2022 | 2022-12-31 | $6.84B | $204.5M | +3.08% |
| 2021 | 2021-12-31 | $6.63B | — | — |
Blue Owl Capital quarterly net debt
Q4.21
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $7.67B | −$1.20B | −13.54% |
| Q1 2026 | 2026-03-31 | $8.00B | −$1.65B | −17.08% |
| Q4 2025 | 2025-12-31 | $8.73B | $1.79B | +25.75% |
| Q3 2025 | 2025-09-30 | $9.21B | $1.95B | +26.83% |
| Q2 2025 | 2025-06-30 | $8.87B | $1.83B | +26.02% |
| Q1 2025 | 2025-03-31 | $9.65B | $3.50B | +57.04% |
| Q4 2024 | 2024-12-31 | $6.94B | $526.1M | +8.20% |
| Q3 2024 | 2024-09-30 | $7.26B | $629.4M | +9.49% |
| Q2 2024 | 2024-06-30 | $7.03B | $375.7M | +5.64% |
| Q1 2024 | 2024-03-31 | $6.14B | −$840.9M | −12.04% |
| Q4 2023 | 2023-12-31 | $6.42B | −$419.2M | −6.13% |
| Q3 2023 | 2023-09-30 | $6.63B | −$110.6M | −1.64% |
| Q2 2023 | 2023-06-30 | $6.66B | — | — |
| Q1 2023 | 2023-03-31 | $6.98B | — | — |
| Q4 2022 | 2022-12-31 | $6.84B | $204.5M | +3.08% |
| Q3 2022 | 2022-09-30 | $6.74B | — | — |
| Q4 2021 | 2021-12-31 | $6.63B | — | — |
Blue Owl Capital net debt trends
Between the periods ended 2021-12-31 and 2025-12-31, Blue Owl Capital's net debt increased from $6.63B to $8.73B, a change of $2.10B. The latest reported quarter, Q2 2026, shows $7.67B.
About the metric
What net debt means
Net debt compares a company’s interest-bearing debt with its cash and cash equivalents. Positive net debt means debt exceeds cash, while a negative value indicates the company has more cash than debt on this measure.
Calculation and source
How net debt is calculated
TickerStat calculates net debt as total interest-bearing debt minus cash and cash equivalents at the same reporting-period end. Short-term investments are not subtracted because they are not included in the standardized cash series. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Blue Owl Capital source filings ↗