OWL (Blue Owl Capital) Return-on-Tangible-Asset: 1.57% (As of Mar. 2026) — 89% Above Median

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Director of Data and Quant Analytics at GuruFocus
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

OWL Blue Owl Capital Inc OWL
62 GF Score
Price $9.93
GF Value $22.39
Valuation Possible Value Trap
! 8 Warning Signs
View Full Analysis

What is Blue Owl Capital Return-on-Tangible-Asset?

Blue Owl Capital OWL +3.22% 62 Return-on-Tangible-Asset is 1.57% as of Mar. 2026, which is 89% above its 10-year median of 0.83. GuruFocus rates OWL with a GF Score™ of 62/100 and a GF Value™ of $22.39 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 1,633 Asset Management companies, Blue Owl Capital ranks worse than 60.01% 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 annualized Net Income for the quarter that ended in Mar. 2026 was $62 Mil. Blue Owl Capital's average total tangible assets for the quarter that ended in Mar. 2026 was $3,970 Mil. Therefore, Blue Owl Capital's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 1.57%.

The historical rank and industry rank for Blue Owl Capital's Return-on-Tangible-Asset or its related term are showing as below:

OWL' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -64.01   Med: 0.83   Max: 3.73
Current: 2.3

During the past 7 years, Blue Owl Capital's highest Return-on-Tangible-Asset was 3.73%. The lowest was -64.01%. And the median was 0.83%.

OWL's Return-on-Tangible-Asset is ranked worse than
60.01% of 1633 companies
in the Asset Management industry
Industry Median: 4.25 vs OWL: 2.30

Blue Owl Capital  (NYSE:OWL) 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 company’s 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 company’s 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.

Blue Owl Capital Return-on-Tangible-Asset Chart

Blue Owl Capital Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Asset
Get a 7-Day Free Trial -45.75 -0.49 2.28 3.73 2.15

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
Return-on-Tangible-Asset 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 0.86 1.97 0.68 4.87 1.57

OWL vs MAAS, BXSL, OBDC: 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.


OWL
62GF Score
Blue Owl Capital Inc OWL
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Blue Owl Capital Return-on-Tangible-Asset Calculation

Blue Owl Capital's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=78.833/( (3390.253+3954.415)/ 2 )
=78.833/3672.334
=2.15 %

Blue Owl Capital's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=62.168/( (3954.415+3985.994)/ 2 )
=62.168/3970.2045
=1.57 %

* 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 1.57% mean?
Blue Owl Capital (OWL) has a Return-on-Tangible-Asset of 1.57% 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. This is 89% above median its historical median of 0.83. According to the industry distribution chart, Blue Owl Capital ranks #980 out of 1633 companies in the Asset Management industry, placing it in the top 60%.
Is Blue Owl Capital's Return-on-Tangible-Asset too high?
Blue Owl Capital's current Return-on-Tangible-Asset of 1.57% is 89% above median its 10-year median of 0.83. The Asset Management industry median Return-on-Tangible-Asset is 4.25. Blue Owl Capital's value of 1.57% is 63.1% below this industry median. Based on the distribution chart, Blue Owl Capital ranks #980 out of 1633 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 Return-on-Tangible-Asset compare to MAAS and BXSL?
According to the Asset Management industry distribution chart, Blue Owl Capital ranks #980 out of 1633 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 4.25. Blue Owl Capital's value of 1.57% is 63.1% below this benchmark. While the company's 10-year median is 0.83 vs. the industry median of 4.25, 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 Return-on-Tangible-Asset for an Asset Management company?
The median Return-on-Tangible-Asset among Asset Management companies is 4.25, based on 1,633 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. Blue Owl Capital's current Return-on-Tangible-Asset of 1.57% is 63.1% 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 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 4.25 — 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 1.57%, which is 89% above median its own 10-year median of 0.83. 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 $22.39, compared to a current price of $9.93 — trading 55.6% below its estimated fair value. The current Return-on-Tangible-Asset is 1.57%, which is 89% above median its 10-year median of 0.83 and 63.1% below the Asset Management industry median of 4.25. 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 Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Blue Owl Capital (OWL), the current Return-on-Tangible-Asset is 1.57% 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 $9.93 is trading 55.6% below its estimated GF Value™ of $22.39. GuruFocus considers Blue Owl Capital to be Possible Value Trap.

Key valuation signals for OWL:

  • Return-on-Tangible-Asset: 1.57% (89% above median its 10-year median of 0.83)
  • GF Value™: $22.39 vs. price of $9.93 (55.6% below fair value)
  • GF Score™: 62/100 with 8 warning signs
  • Industry Position: 63.1% below the Asset Management median (#980 of 1633)

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

Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$9.93
Price
$22.39
GF Value