Blue Owl Capital annual net debt
2020
2021
2022
2023
2024
2025
Blue Owl Capital Net Debt Growth & History (OWL)
Blue Owl Capital's net debt was $3.67B 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 | $3.67B | $841.3M | +29.76% |
| 2024 | 2024-12-31 | $2.83B | $930.1M | +49.04% |
| 2023 | 2023-12-31 | $1.90B | $100.1M | +5.57% |
| 2022 | 2022-12-31 | $1.80B | $576.5M | +47.25% |
| 2021 | 2021-12-31 | $1.22B | $864.6M | +243.24% |
| 2020 | 2020-12-31 | $355.5M | — | — |
Blue Owl Capital quarterly net debt
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 | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $4.18B | $645.4M | +18.28% |
| Q1 2026 | 2026-03-31 | $4.17B | $664.2M | +18.97% |
| Q4 2025 | 2025-12-31 | $3.67B | $841.3M | +29.76% |
| Q3 2025 | 2025-09-30 | $3.64B | $851.5M | +30.54% |
| Q2 2025 | 2025-06-30 | $3.53B | $1.16B | +48.95% |
| Q1 2025 | 2025-03-31 | $3.50B | $1.25B | +55.57% |
| Q4 2024 | 2024-12-31 | $2.83B | $930.1M | +49.04% |
| Q3 2024 | 2024-09-30 | $2.79B | $815.1M | +41.31% |
| Q2 2024 | 2024-06-30 | $2.37B | $353.7M | +17.54% |
| Q1 2024 | 2024-03-31 | $2.25B | $262.6M | +13.21% |
| Q4 2023 | 2023-12-31 | $1.90B | $100.1M | +5.57% |
| Q3 2023 | 2023-09-30 | $1.97B | $249.1M | +14.45% |
| Q2 2023 | 2023-06-30 | $2.02B | $562.0M | +38.64% |
| Q1 2023 | 2023-03-31 | $1.99B | $671.6M | +51.01% |
| Q4 2022 | 2022-12-31 | $1.80B | $576.5M | +47.25% |
| Q3 2022 | 2022-09-30 | $1.72B | $1.11B | +181.45% |
| Q2 2022 | 2022-06-30 | $1.45B | $1.15B | +376.35% |
| Q1 2022 | 2022-03-31 | $1.32B | — | — |
| Q4 2021 | 2021-12-31 | $1.22B | $864.6M | +243.24% |
| Q3 2021 | 2021-09-30 | $612.5M | — | — |
| Q2 2021 | 2021-06-30 | $305.3M | — | — |
| Q4 2020 | 2020-12-31 | $355.5M | — | — |
Blue Owl Capital net debt trends
Over the last five fiscal years, Blue Owl Capital's net debt increased from $355.5M to $3.67B, a change of $3.31B. The latest reported quarter, Q2 2026, shows $4.18B.
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.
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