OWL (Blue Owl Capital) Debt-to-Equity: 2.08 (As of Mar. 2026) — 59% Above Median

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Director of Data and Quant Analytics at GuruFocus
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OWL Blue Owl Capital Inc OWL
62 GF Score
Price $10.30
GF Value $22.32
Valuation Possible Value Trap
! 8 Warning Signs
View Full Analysis

What is Blue Owl Capital Debt-to-Equity?

Blue Owl Capital OWL +1.38% 62 Debt-to-Equity is 2.08 as of Mar. 2026, which is 59% above its 10-year median of 1.31. GuruFocus rates OWL with a GF Score™ of 62/100 and a GF Value™ of $22.32 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 960 Asset Management companies, Blue Owl Capital ranks worse than 93.75% on this metric.

Blue Owl Capital's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $0 Mil. Blue Owl Capital's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $4,357 Mil. Blue Owl Capital's Total Stockholders Equity for the quarter that ended in Mar. 2026 was $2,100 Mil. Blue Owl Capital's debt to equity for the quarter that ended in Mar. 2026 was 2.07.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Blue Owl Capital's Debt-to-Equity or its related term are showing as below:

OWL' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.7   Med: 1.31   Max: 2.08
Current: 2.08

During the past 7 years, the highest Debt-to-Equity Ratio of Blue Owl Capital was 2.08. The lowest was -0.70. And the median was 1.31.

OWL's Debt-to-Equity is ranked worse than
93.75% of 960 companies
in the Asset Management industry
Industry Median: 0.21 vs OWL: 2.08

Blue Owl Capital  (NYSE:OWL) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Blue Owl Capital Debt-to-Equity Related Terms


Blue Owl Capital Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Blue Owl Capital's Debt-to-Equity 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 Debt-to-Equity Chart

Blue Owl Capital Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial 0.76 1.16 1.31 1.40 1.75

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
Debt-to-Equity 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 1.54 1.55 1.65 1.75 2.08

OWL vs VCTR, TPG, BXSL: Debt-to-Equity Comparison

For the Asset Management subindustry, Blue Owl Capital's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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 Debt-to-Equity vs Asset Management Industry

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

* The bar in red indicates where Blue Owl Capital's Debt-to-Equity falls into.


OWL
62GF Score
Blue Owl Capital Inc OWL
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Blue Owl Capital Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Blue Owl Capital's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Blue Owl Capital's Debt to Equity Ratio for the quarter that ended in Mar. 2026 is calculated as

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 2.08 mean?
Blue Owl Capital (OWL) has a Debt-to-Equity of 2.08 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Blue Owl Capital and its competitors. This is 59% above median its historical median of 1.31. According to the industry distribution chart, Blue Owl Capital ranks #900 out of 960 companies in the Asset Management industry, placing it in the top 93.7%.
Is Blue Owl Capital's Debt-to-Equity too high?
Blue Owl Capital's current Debt-to-Equity of 2.08 is 59% above median its 10-year median of 1.31. The Asset Management industry median Debt-to-Equity is 0.21. Blue Owl Capital's value of 2.08 is 890.5% above this industry median. Based on the distribution chart, Blue Owl Capital ranks #900 out of 960 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Blue Owl Capital has a GF Score™ of 62/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Blue Owl Capital's Debt-to-Equity compare to VCTR and TPG?
According to the Asset Management industry distribution chart, Blue Owl Capital ranks #900 out of 960 companies for Debt-to-Equity. This places Blue Owl Capital in the lower half of its industry. The industry median Debt-to-Equity is 0.21. Blue Owl Capital's value of 2.08 is 890.5% above this benchmark. While the company's 10-year median is 1.31 vs. the industry median of 0.21, Blue Owl Capital has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for an Asset Management company?
The median Debt-to-Equity among Asset Management companies is 0.21, based on 960 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Blue Owl Capital's current Debt-to-Equity of 2.08 is 890.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Blue Owl Capital and its competitors. For the Asset Management industry, the median Debt-to-Equity is 0.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Blue Owl Capital's current Debt-to-Equity is 2.08, which is 59% above median its own 10-year median of 1.31. 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 (OWL) is currently considered Possible Value Trap. The stock's GF Value™ is $22.32, compared to a current price of $10.30 — trading 53.9% below its estimated fair value. The current Debt-to-Equity is 2.08, which is 59% above median its 10-year median of 1.31 and 890.5% above the Asset Management industry median of 0.21. Blue Owl Capital's overall GF Score™ is 62/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Blue Owl Capital (OWL), the current Debt-to-Equity is 2.08 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 (OWL) Overvalued in 2026?

Based on GuruFocus' analysis, Blue Owl Capital stock appears to be undervalued. The current stock price of $10.30 is trading 53.9% below its estimated GF Value™ of $22.32. GuruFocus considers Blue Owl Capital to be Possible Value Trap.

Key valuation signals for OWL:

  • Debt-to-Equity: 2.08 (59% above median its 10-year median of 1.31)
  • GF Value™: $22.32 vs. price of $10.30 (53.9% below fair value)
  • GF Score™: 62/100 with 8 warning signs
  • Industry Position: 890.5% above the Asset Management median (#900 of 960)

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


Blue Owl Capital Business Description

Other Exchanges OWL:Mexico1OWL:Italy
Address 399 Park Avenue, New York, NY, USA, 10022
Blue Owl Capital is one of the world's largest alternative-asset managers, $307.4 billion in total managed assets, including $187.7 billion in fee-earning AUM, at the end of 2025. The company has three core business segments: global private equity, (with $69.1 billion in total AUM and $39.5 billion in fee-earning AUM), private credit ($157.7 billion/$99.5 billion), and real estate/real assets ($80.6 billion/$48.7 billion). The firm primarily serves institutional investors (68% of AUM) and high-net-worth individuals (32%). Blue Owl operates through more than 20 offices in the Americas, and the EMEA and Asia-Pacific regions.
62GF Score

Get the complete analysis for OWL

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$10.30
Price
$22.32
GF Value