OBDC (Blue Owl Capital) Cyclically Adjusted FCF per Share: $-2.86 (As of Mar. 2026)

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OBDC Blue Owl Capital Corp OBDC
60 GF Score
Price $10.77
GF Value $14.46
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Blue Owl Capital Cyclically Adjusted FCF per Share?

Blue Owl Capital OBDC +0.65% 60 Cyclically Adjusted FCF per Share is $-2.86 as of Mar. 2026. GuruFocus rates OBDC with a GF Score™ of 60/100 and a GF Value™ of $14.46 (Modestly Undervalued). The stock has 6 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

Blue Owl Capital's adjusted free cash flow per share for the three months ended in Mar. 2026 was $1.939. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is $-2.86 for the trailing ten years ended in Mar. 2026.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

As of today (2026-07-27), Blue Owl Capital's current stock price is $10.77. Blue Owl Capital's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was $-2.86. Blue Owl Capital's Cyclically Adjusted Price-to-FCF of today is .


Blue Owl Capital  (NYSE:OBDC) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Blue Owl Capital Cyclically Adjusted FCF per Share Related Terms


Blue Owl Capital Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Blue Owl Capital's Cyclically Adjusted FCF per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Blue Owl Capital Cyclically Adjusted FCF per Share Chart

Blue Owl Capital Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 -3.08

Blue Owl Capital Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted FCF per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 -3.08 -2.86

OBDC vs BXSL, MAIN, HASI: Cyclically Adjusted FCF per Share Comparison

For the Asset Management subindustry, Blue Owl Capital's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Blue Owl Capital Cyclically Adjusted Price-to-FCF vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Blue Owl Capital's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Blue Owl Capital's Cyclically Adjusted Price-to-FCF falls into.


OBDC
60GF Score
Blue Owl Capital Corp OBDC
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Blue Owl Capital Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Blue Owl Capital's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2026 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=1.939/330.2130*330.2130
=1.939

Current CPI (Mar. 2026) = 330.2130.

Blue Owl Capital Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 -0.435 241.018 -0.596
201609 -1.221 241.428 -1.670
201612 -0.807 241.432 -1.104
201703 -0.386 243.801 -0.523
201706 -1.663 244.955 -2.242
201709 -0.812 246.819 -1.086
201712 -0.617 246.524 -0.826
201803 -1.491 249.554 -1.973
201806 -1.025 251.989 -1.343
201809 -2.934 252.439 -3.838
201812 -2.817 251.233 -3.703
201903 -4.019 254.202 -5.221
201906 -0.445 256.143 -0.574
201909 -2.704 256.759 -3.478
201912 -0.962 256.974 -1.236
202003 -0.948 258.115 -1.213
202006 0.484 257.797 0.620
202009 -1.723 260.280 -2.186
202012 -1.819 260.474 -2.306
202103 -0.575 264.877 -0.717
202106 -0.892 271.696 -1.084
202109 -0.714 274.310 -0.860
202112 -0.946 278.802 -1.120
202203 -0.034 287.504 -0.039
202206 0.224 296.311 0.250
202209 0.121 296.808 0.135
202212 0.241 296.797 0.268
202303 0.118 301.836 0.129
202306 1.273 305.109 1.378
202309 0.459 307.789 0.492
202312 1.062 306.746 1.143
202403 1.140 312.332 1.205
202406 -1.862 314.175 -1.957
202409 -0.009 315.301 -0.009
202412 1.143 315.605 1.196
202503 0.079 319.799 0.082
202506 1.978 322.561 2.025
202509 -0.256 324.800 -0.260
202512 1.622 324.054 1.653
202603 1.939 330.213 1.939

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

What does a Cyclically Adjusted FCF per Share of $-2.86 mean?
Blue Owl Capital (OBDC) has a Cyclically Adjusted FCF per Share of $-2.86 as of Mar. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Blue Owl Capital and its competitors.
Is Blue Owl Capital's Cyclically Adjusted FCF per Share too high?
Blue Owl Capital's current Cyclically Adjusted FCF per Share is $-2.86. Overall, Blue Owl Capital has a GF Score™ of 60/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Blue Owl Capital's Cyclically Adjusted FCF per Share compare to BXSL and MAIN?
Blue Owl Capital's Cyclically Adjusted FCF per Share of $-2.86 can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted FCF per Share for an Asset Management company?
A good Cyclically Adjusted FCF per Share depends on the Asset Management industry context. However, Cyclically Adjusted FCF per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted FCF per Share mean?
A high Cyclically Adjusted FCF per Share can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Blue Owl Capital and its competitors. Blue Owl Capital's current Cyclically Adjusted FCF per Share is $-2.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Blue Owl Capital stock overvalued right now?
Based on GuruFocus' analysis, Blue Owl Capital (OBDC) is currently considered Modestly Undervalued. The stock's GF Value™ is $14.46, compared to a current price of $10.77 — trading 25.5% below its estimated fair value. The current Cyclically Adjusted FCF per Share is $-2.86. Blue Owl Capital's overall GF Score™ is 60/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted FCF per Share calculated?
Cyclically Adjusted FCF per Share is calculated from a company's financial statements. For Blue Owl Capital (OBDC), the current Cyclically Adjusted FCF per Share is $-2.86 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Blue Owl Capital (OBDC) Overvalued in 2026?

Based on GuruFocus' analysis, Blue Owl Capital stock appears to be undervalued. The current stock price of $10.77 is trading 25.5% below its estimated GF Value™ of $14.46. GuruFocus considers Blue Owl Capital to be Modestly Undervalued.

Key valuation signals for OBDC:

  • Cyclically Adjusted FCF per Share: $-2.86
  • GF Value™: $14.46 vs. price of $10.77 (25.5% below fair value)
  • GF Score™: 60/100 with 6 warning signs

No single metric tells the full story. See the OBDC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Blue Owl Capital Business Description

Other Exchanges 1D6:Germany
Address 399 Park Avenue, New York, NY, USA, 10022
Blue Owl Capital Corp is a specialty finance company and business development company (BDC) focused on providing direct lending solutions to U.S. middle-market companies. The company seeks to generate current income and, to a lesser extent, capital appreciation by targeting investment opportunities with favorable risk-adjusted returns, including senior secured, subordinated, or mezzanine loans and equity-related instruments. Its investment strategies are intended to generate favorable returns across credit cycles with an emphasis on preserving capital.
60GF Score

Get the complete analysis for OBDC

Cyclically Adjusted FCF per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$10.77
Price
$14.46
GF Value