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Blue Owl CapitalOBDC +0.65%60 Return-on-Tangible-Asset is -0.59% as of Mar. 2026. GuruFocus rates OBDC with a GF Score™ of 60/100 and a GF Value™ of $14.53 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,637 Asset Management companies, Blue Owl Capital ranks worse than 61.09% on this metric.
Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Blue Owl Capital's annualizedNet Income for the quarter that ended in Mar. 2026 was $-97.5 Mil. Blue Owl Capital's average total tangible assets for the quarter that ended in Mar. 2026 was $16,602.5 Mil. Therefore, Blue Owl Capital's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -0.59%.
The historical rank and industry rank for Blue Owl Capital's Return-on-Tangible-Asset or its related term are showing as below:
OBDC'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 1.41 Med: 4.59 Max: 6.57
Current: 2.08
During the past 10 years, Blue Owl Capital's highest Return-on-Tangible-Asset was 6.57%. The lowest was 1.41%. And the median was 4.59%.
OBDC's Return-on-Tangible-Asset is ranked worse than 61.09% of 1637
companies
in the Asset Management industry
Industry Median: 4.23
vs OBDC: 2.08
Blue Owl Capital (NYSE:OBDC) Return-on-Tangible-Asset Explanation
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
Blue Owl Capital Return-on-Tangible-Asset Related Terms
Blue Owl Capital Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Blue Owl Capital's Return-on-Tangible-Asset 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.
OBDC vs BXSL, MAIN, HASI: Return-on-Tangible-Asset Comparison
For the Asset Management subindustry, Blue Owl Capital's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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 Return-on-Tangible-Asset vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Blue Owl Capital's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Blue Owl Capital's Return-on-Tangible-Asset falls into.
* 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.
In the calculation of annual Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of -0.59% mean?
Blue Owl Capital (OBDC) has a Return-on-Tangible-Asset of -0.59% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Blue Owl Capital and its competitors. Over the past decade, Blue Owl Capital's Return-on-Tangible-Asset has ranged from 1.41 to 6.57. According to the industry distribution chart, Blue Owl Capital ranks #1000 out of 1637 companies in the Asset Management industry, placing it in the top 61.1%.
Is Blue Owl Capital's Return-on-Tangible-Asset too high?
Blue Owl Capital's current Return-on-Tangible-Asset is -0.59%. Over the past 10 years, this metric has ranged from a low of 1.41 to a high of 6.57. Based on the distribution chart, Blue Owl Capital ranks #1000 out of 1637 companies in the Asset Management industry, which is below the industry midpoint. 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 Return-on-Tangible-Asset compare to BXSL and MAIN?
According to the Asset Management industry distribution chart, Blue Owl Capital ranks #1000 out of 1637 companies for Return-on-Tangible-Asset. This places Blue Owl Capital in the lower half of its industry. The industry median Return-on-Tangible-Asset is 4.23. Historically, Blue Owl Capital's own Return-on-Tangible-Asset has ranged from 1.41 to 6.57 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Asset for an Asset Management company?
The median Return-on-Tangible-Asset among Asset Management companies is 4.23, based on 1,637 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset 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 Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Blue Owl Capital and its competitors. For the Asset Management industry, the median Return-on-Tangible-Asset is 4.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Blue Owl Capital's current Return-on-Tangible-Asset is -0.59%. 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 $14.53, compared to a current price of $10.77 — trading 25.9% below its estimated fair value. The current Return-on-Tangible-Asset is -0.59%. 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 Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Blue Owl Capital (OBDC), the current Return-on-Tangible-Asset is -0.59% 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 25.9% below its estimated GF Value™ of $14.53.
GuruFocus considers Blue Owl Capital to be Modestly Undervalued.
Key valuation signals for OBDC:
Return-on-Tangible-Asset: -0.59%
GF Value™: $14.53 vs. price of $10.77 (25.9% below fair value)
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 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
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