OWL (Blue Owl Capital) Operating Margin %: 14.52% (As of Mar. 2026) — Near Median


OWL Blue Owl Capital Inc OWL
62 GF Score
Price $8.48
GF Value $22.45
Valuation Possible Value Trap
! 8 Warning Signs
View Full Analysis

What is Blue Owl Capital Operating Margin %?

Blue Owl Capital OWL +0.12% 62 Operating Margin % is 14.52% as of Mar. 2026, which is 1% above its 10-year median of 14.34. GuruFocus rates OWL with a GF Score™ of 62/100 and a GF Value™ of $22.45 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 657 Asset Management companies, Blue Owl Capital ranks worse than 50.23% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Blue Owl Capital's Operating Income for the three months ended in Mar. 2026 was $109 Mil. Blue Owl Capital's Revenue for the three months ended in Mar. 2026 was $754 Mil. Therefore, Blue Owl Capital's Operating Margin % for the quarter that ended in Mar. 2026 was 14.52%.

The historical rank and industry rank for Blue Owl Capital's Operating Margin % or its related term are showing as below:

OWL' s Operating Margin % Range Over the Past 10 Years
Min: -112.55   Med: 14.34   Max: 26.43
Current: 16.61


OWL's Operating Margin % is ranked worse than
50.23% of 657 companies
in the Asset Management industry
Industry Median: 16.85 vs OWL: 16.61

Blue Owl Capital's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

Blue Owl Capital's Operating Income for the three months ended in Mar. 2026 was $109 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was $488 Mil.


Blue Owl Capital  (NYSE:OWL) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Blue Owl Capital Operating Margin % Related Terms


Blue Owl Capital Operating Margin % Historical Data

* Premium members only.

The historical data trend for Blue Owl Capital's Operating Margin % 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 Operating Margin % Chart

Blue Owl Capital Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Margin %
Get a 7-Day Free Trial -112.55 -0.18 18.35 26.43 15.90

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
Operating Margin % 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 11.31 14.12 15.48 22.10 14.52

OWL vs TPG, PDI, JHG: Operating Margin % Comparison

For the Asset Management subindustry, Blue Owl Capital's Operating Margin %, along with its competitors' market caps and Operating Margin % 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 Operating Margin % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Blue Owl Capital's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Blue Owl Capital's Operating Margin % falls into.


OWL
62GF Score
Blue Owl Capital Inc OWL
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Blue Owl Capital Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Blue Owl Capital's Operating Margin % for the fiscal year that ended in Dec. 2025 is calculated as

Operating Margin %=Operating Income (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=456.25 / 2870.178
=15.90 %

Blue Owl Capital's Operating Margin % for the quarter that ended in Mar. 2026 is calculated as

Operating Margin %=Operating Income (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=109.489 / 753.811
=14.52 %

* 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 Operating Margin % →
What does a Operating Margin % of 14.52% mean?
Blue Owl Capital (OWL) has a Operating Margin % of 14.52% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Blue Owl Capital and its competitors. This is near median its historical median of 14.34. According to the industry distribution chart, Blue Owl Capital ranks #330 out of 657 companies in the Asset Management industry, placing it in the top 50.2%.
Is Blue Owl Capital's Operating Margin % too high?
Blue Owl Capital's current Operating Margin % of 14.52% is near median its 10-year median of 14.34. The Asset Management industry median Operating Margin % is 16.85. Blue Owl Capital's value of 14.52% is 13.8% below this industry median. Based on the distribution chart, Blue Owl Capital ranks #330 out of 657 companies in the Asset Management industry, which is below the industry midpoint. 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 Operating Margin % compare to TPG and PDI?
According to the Asset Management industry distribution chart, Blue Owl Capital ranks #330 out of 657 companies for Operating Margin %. This places Blue Owl Capital in the lower half of its industry. The industry median Operating Margin % is 16.85. Blue Owl Capital's value of 14.52% is 13.8% below this benchmark. While the company's 10-year median is 14.34 vs. the industry median of 16.85, Blue Owl Capital has consistently been below 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 Operating Margin % for an Asset Management company?
The median Operating Margin % among Asset Management companies is 16.85, based on 657 companies in the industry. Companies in the top quartile (top 25%) have a Operating Margin % significantly above this median, while those in the bottom quartile fall well below. However, Operating Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Blue Owl Capital's current Operating Margin % of 14.52% is 13.8% below 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 Operating Margin % mean?
A high Operating Margin % can signal that a stock is expensive relative to its fundamentals. Operating margin is the ratio of total operating income to net sales. View historical data on Blue Owl Capital and its competitors. For the Asset Management industry, the median Operating Margin % is 16.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Blue Owl Capital's current Operating Margin % is 14.52%, which is near median its own 10-year median of 14.34. 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 $22.45, compared to a current price of $8.48 — trading 62.2% below its estimated fair value. The current Operating Margin % is 14.52%, which is near median its 10-year median of 14.34 and 13.8% below the Asset Management industry median of 16.85. 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 Operating Margin % calculated?
Operating Margin % is calculated from a company's financial statements. For Blue Owl Capital (OWL), the current Operating Margin % is 14.52% 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 $8.48 is trading 62.2% below its estimated GF Value™ of $22.45. GuruFocus considers Blue Owl Capital to be Possible Value Trap.

Key valuation signals for OWL:

  • Operating Margin %: 14.52% (near median its 10-year median of 14.34)
  • GF Value™: $22.45 vs. price of $8.48 (62.2% below fair value)
  • GF Score™: 62/100 with 8 warning signs
  • Industry Position: 13.8% below the Asset Management median (#330 of 657)

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

Operating Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$8.48
Price
$22.45
GF Value