Blue Owl Capital annual debt-to-equity ratio
2020
2021
2022
2023
2024
2025
Blue Owl Capital Debt-to-Equity Ratio Growth & History (OWL)
Blue Owl Capital's debt-to-equity ratio was 1.75 for fiscal 2025.
View full Blue Owl Capital company overviewBlue Owl Capital annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 1.75 | 0.35 | +25.10% |
| 2024 | 2024-12-31 | 1.40 | 0.09 | +6.93% |
| 2023 | 2023-12-31 | 1.31 | 0.15 | +12.67% |
| 2022 | 2022-12-31 | 1.16 | 0.40 | +53.09% |
| 2021 | 2021-12-31 | 0.76 | −70.52 | −98.94% |
| 2020 | 2020-12-31 | 71.28 | — | — |
Blue Owl Capital quarterly debt-to-equity ratio
Q4.20
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
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 | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 2.18 | 0.62 | +40.24% |
| Q1 2026 | 2026-03-31 | 2.07 | 0.53 | +34.63% |
| Q4 2025 | 2025-12-31 | 1.75 | 0.35 | +25.10% |
| Q3 2025 | 2025-09-30 | 1.65 | 0.20 | +13.51% |
| Q2 2025 | 2025-06-30 | 1.55 | −0.06 | −3.43% |
| Q1 2025 | 2025-03-31 | 1.54 | 0.08 | +5.41% |
| Q4 2024 | 2024-12-31 | 1.40 | 0.09 | +6.93% |
| Q3 2024 | 2024-09-30 | 1.45 | 0.12 | +9.02% |
| Q2 2024 | 2024-06-30 | 1.61 | 0.30 | +22.71% |
| Q1 2024 | 2024-03-31 | 1.46 | 0.19 | +14.71% |
| Q4 2023 | 2023-12-31 | 1.31 | 0.15 | +12.67% |
| Q3 2023 | 2023-09-30 | 1.33 | 0.26 | +24.73% |
| Q2 2023 | 2023-06-30 | 1.31 | 0.38 | +41.36% |
| Q1 2023 | 2023-03-31 | 1.27 | 0.35 | +37.12% |
| Q4 2022 | 2022-12-31 | 1.16 | 0.40 | +53.09% |
| Q3 2022 | 2022-09-30 | 1.07 | 0.53 | +100.79% |
| Q2 2022 | 2022-06-30 | 0.93 | 0.25 | +37.41% |
| Q1 2022 | 2022-03-31 | 0.93 | — | — |
| Q4 2021 | 2021-12-31 | 0.76 | −70.52 | −98.94% |
| Q3 2021 | 2021-09-30 | 0.53 | — | — |
| Q2 2021 | 2021-06-30 | 0.67 | — | — |
| Q4 2020 | 2020-12-31 | 71.28 | — | — |
Blue Owl Capital debt-to-equity ratio trends
Over the last five fiscal years, Blue Owl Capital's debt-to-equity ratio decreased from 71.28 to 1.75, a change of −69.53. The latest reported quarter, Q2 2026, shows 2.18.
About the metric
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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