Blue Owl CapitalOWL -1.60%62 ROC (Joel Greenblatt) % is 82.64% as of Mar. 2026, which is 81% above its 10-year median of 45.76. GuruFocus rates OWL with a GF Score™ of 62/100 and a GF Value™ of $22.40 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 628 Asset Management companies, Blue Owl Capital ranks better than 54.78% on this metric.
Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits). He defines ROC (Joel Greenblatt) % as EBIT divided by the total of Property, Plant and Equipment and net working capital. Blue Owl Capital's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 82.64%.
The historical rank and industry rank for Blue Owl Capital's ROC (Joel Greenblatt) % or its related term are showing as below:
OWL'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -3780.18 Med: 45.76 Max: 127.2
Current: 92.36
During the past 7 years, Blue Owl Capital's highest ROC (Joel Greenblatt) % was 127.20%. The lowest was -3780.18%. And the median was 45.76%.
OWL's ROC (Joel Greenblatt) % is ranked better than 54.78% of 628
companies
in the Asset Management industry
Industry Median: 63.66
vs OWL: 92.36
Blue Owl Capital's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
Blue Owl Capital (NYSE:OWL) ROC (Joel Greenblatt) % Explanation
The way Joel Greenblatt defines Return on Capital is a more accurate measure of how efficiently the company generates returns onthe capital actually invested in the business. EBIT is used instead of net income because the tax and interest payment may be affected by factors other than the core business operation. Intangible assets are not included in the calculation because they don't need to be replaced.
Blue Owl Capital ROC (Joel Greenblatt) % Related Terms
Blue Owl Capital ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Blue Owl Capital's ROC (Joel Greenblatt) % 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.
OWL vs MAAS, BXSL, OBDC: ROC (Joel Greenblatt) % Comparison
For the Asset Management subindustry, Blue Owl Capital's ROC (Joel Greenblatt) %, along with its competitors' market caps and ROC (Joel Greenblatt) % 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 ROC (Joel Greenblatt) % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Blue Owl Capital's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Blue Owl Capital's ROC (Joel Greenblatt) % falls into.
Blue Owl Capital ROC (Joel Greenblatt) % Calculation
Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits) . He defines Return on Capital as follows:
EBIT stands for Earnings Before Interest and Taxes.
Fixed Assets are also known as non-current assets. They include the Property, Plant and Equipment that the firm needs in its operation.
GuruFocus calculates net working capital as: (Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Deferred Revenue + Other Current Liabilities). We're trying to account for OPERATING assets and liabilities (part of daily business) when calculating working capital. Cash and marketable securities are considered NON-OPERATING assets and are not included in calculation. We will also back out all interest bearing debt, short term debt and the portion of long term debt that is due in the current period from the current liabilities. This debt will be considered when computing cost of capital and it would be inappropriate to count it twice.
Note:
The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.
* 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.
What does a ROC (Joel Greenblatt) % of 82.64% mean?
Blue Owl Capital (OWL) has a ROC (Joel Greenblatt) % of 82.64% as of Mar. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Blue Owl Capital and its competitors. This is 81% above median its historical median of 45.76. According to the industry distribution chart, Blue Owl Capital ranks #284 out of 628 companies in the Asset Management industry, placing it in the top 45.2%.
Is Blue Owl Capital's ROC (Joel Greenblatt) % too high?
Blue Owl Capital's current ROC (Joel Greenblatt) % of 82.64% is 81% above median its 10-year median of 45.76. The Asset Management industry median ROC (Joel Greenblatt) % is 63.66. Blue Owl Capital's value of 82.64% is 29.8% above this industry median. Based on the distribution chart, Blue Owl Capital ranks #284 out of 628 companies in the Asset Management industry, which is above 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 ROC (Joel Greenblatt) % compare to MAAS and BXSL?
According to the Asset Management industry distribution chart, Blue Owl Capital ranks #284 out of 628 companies for ROC (Joel Greenblatt) %. This puts Blue Owl Capital in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 63.66. Blue Owl Capital's value of 82.64% is 29.8% above this benchmark. While the company's 10-year median is 45.76 vs. the industry median of 63.66, 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 ROC (Joel Greenblatt) % for an Asset Management company?
The median ROC (Joel Greenblatt) % among Asset Management companies is 63.66, based on 628 companies in the industry. Companies in the top quartile (top 25%) have a ROC (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, ROC (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Blue Owl Capital's current ROC (Joel Greenblatt) % of 82.64% is 29.8% 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 ROC (Joel Greenblatt) % mean?
A high ROC (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Blue Owl Capital and its competitors. For the Asset Management industry, the median ROC (Joel Greenblatt) % is 63.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Blue Owl Capital's current ROC (Joel Greenblatt) % is 82.64%, which is 81% above median its own 10-year median of 45.76. 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 $22.40, compared to a current price of $9.24 — trading 58.8% below its estimated fair value. The current ROC (Joel Greenblatt) % is 82.64%, which is 81% above median its 10-year median of 45.76 and 29.8% above the Asset Management industry median of 63.66. 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 ROC (Joel Greenblatt) % calculated?
ROC (Joel Greenblatt) % is calculated from a company's financial statements. For Blue Owl Capital (OWL), the current ROC (Joel Greenblatt) % is 82.64% 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 $9.24 is trading 58.8% below its estimated GF Value™ of $22.40.
GuruFocus considers Blue Owl Capital to be Possible Value Trap.
Key valuation signals for OWL:
ROC (Joel Greenblatt) %: 82.64% (81% above median its 10-year median of 45.76)
GF Value™: $22.40 vs. price of $9.24 (58.8% below fair value)
Industry Position: 29.8% above the Asset Management median (#284 of 628)
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 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
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