Blue Owl Capital annual free cash flow
2019
2020
2021
2022
2023
2024
2025
Blue Owl Capital Free Cash Flow (FCF) History (OWL)
Blue Owl Capital reported $1.20B in free cash flow for fiscal 2025, an increase of 28.11% from the previous fiscal year, with a free cash flow margin of 41.75%.
View full Blue Owl Capital company overviewBlue Owl Capital free cash flow by year
| Fiscal year | Period ended | Free cash flow | Change | Growth | FCF margin |
|---|---|---|---|---|---|
| 2025 | 2025-12-31 | $1.20B | $262.9M | +28.11% | +41.75% |
| 2024 | 2024-12-31 | $935.4M | $54.1M | +6.14% | +40.75% |
| 2023 | 2023-12-31 | $881.2M | $218.3M | +32.94% | +50.89% |
| 2022 | 2022-12-31 | $662.9M | $386.5M | +139.84% | +48.40% |
| 2021 | 2021-12-31 | $276.4M | $271.8M | +5932.23% | +33.55% |
| 2020 | 2020-12-31 | $4.6M | −$38.3M | −89.32% | +1.83% |
| 2019 | 2019-12-31 | $42.9M | — | — | +22.47% |
Blue Owl Capital quarterly free cash flow
Q3.20
Q1.21
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 | Free cash flow | Change | YoY growth | FCF margin |
|---|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $452.9M | $40.5M | +9.82% | +60.15% |
| Q1 2026 | 2026-03-31 | $89.0M | $84.7M | +1995.69% | +11.80% |
| Q4 2025 | 2025-12-31 | $359.1M | $49.0M | +15.81% | +47.53% |
| Q3 2025 | 2025-09-30 | $422.5M | $107.7M | +34.22% | +58.03% |
| Q2 2025 | 2025-06-30 | $412.5M | $143.1M | +53.10% | +58.66% |
| Q1 2025 | 2025-03-31 | $4.2M | −$36.9M | −89.67% | +0.62% |
| Q4 2024 | 2024-12-31 | $310.1M | $35.3M | +12.84% | +49.12% |
| Q3 2024 | 2024-09-30 | $314.8M | $51.6M | +19.60% | +52.38% |
| Q2 2024 | 2024-06-30 | $269.4M | $41.5M | +18.21% | +49.00% |
| Q1 2024 | 2024-03-31 | $41.1M | −$74.2M | −64.36% | +8.01% |
| Q4 2023 | 2023-12-31 | $274.8M | $22.7M | +8.99% | +55.63% |
| Q3 2023 | 2023-09-30 | $263.2M | $70.1M | +36.29% | +61.26% |
| Q2 2023 | 2023-06-30 | $227.9M | $85.1M | +59.56% | +54.66% |
| Q1 2023 | 2023-03-31 | $115.3M | $40.5M | +54.14% | +29.50% |
| Q4 2022 | 2022-12-31 | $252.2M | $101.1M | +66.91% | +63.75% |
| Q3 2022 | 2022-09-30 | $193.1M | $85.6M | +79.56% | +52.05% |
| Q2 2022 | 2022-06-30 | $142.8M | $125.3M | +716.40% | +43.65% |
| Q1 2022 | 2022-03-31 | $74.8M | $74.5M | +25525.00% | +27.11% |
| Q4 2021 | 2021-12-31 | $151.1M | $145.0M | +2407.80% | +52.36% |
| Q3 2021 | 2021-09-30 | $107.5M | — | — | +43.38% |
| Q2 2021 | 2021-06-30 | $17.5M | — | — | +9.76% |
| Q1 2021 | 2021-03-31 | $292,000 | — | — | +0.27% |
| Q3 2020 | 2020-09-30 | $6.0M | — | — | +11.15% |
Blue Owl Capital free cash flow growth trends
Over the last five reported fiscal years, free cash flow grew from $4.6M to $1.20B, a compound annual growth rate of 204.44%. Blue Owl Capital's latest reported quarter, Q2 2026, generated $452.9M in free cash flow, an increase of 9.82% year over year.
About the metric
What free cash flow means
Free cash flow is the cash a company generates from operations after capital expenditures. Positive FCF can fund dividends, buybacks, debt repayment, or reinvestment; negative FCF means capital spending exceeded operating cash flow for that period.
Calculation and source
How free cash flow is calculated
TickerStat calculates free cash flow as SEC-reported operating cash flow minus capital expenditures. FCF margin equals free cash flow divided by revenue. Fiscal periods can differ from calendar years, so the tables include exact period-end dates.
Review Blue Owl Capital filings at SEC.gov ↗