NYSE$OBDC

Blue Owl Capital Corporation · Q4 2020 earnings

Q4 2020 earnings · · Investor relations

Briefing

Reported fourth quarter results with net investment income per share of $0.29 and NAV per share of $14.74.

Owl Rock Capital Corporation reported net investment income of $114.6 million, or $0.29 per share, and net income of $180.7 million, or $0.46 per share, for the fourth quarter ended December 31, 2020. The company's net asset value per share was $14.74 at December 31, 2020, as compared to $14.67 at September 30, 2020.

  • New investment commitments totaled $1,527.4 million for the three months ended December 31, 2020.
  • Principal amount of new investments funded was $1,274.9 million across 12 new portfolio companies and 14 existing portfolio companies for the three months ended December 31, 2020.
  • The company had $520.3 million aggregate principal amount in exits and repayments for the three months ended December 31, 2020.
  • As of December 31, 2020, the company had investments in 119 portfolio companies with an aggregate fair value of $10.8 billion.

Headline financials

Total Revenue

$221M

Previous: $202M+9.4%
EPS (adj)

$0.29

Previous: $0.37-21.6%
NAV per share

$14.74

Previous: $15.24-3.3%
Net Income

$181M

Previous: $140M+28.9%
Cash & Equivalents

$358M

Previous: $317M+12.9%
Total Assets

$11.3B

Previous: $8.8B+28.5%

Revenue & EPS history

Blue Owl · Revenue · Quarterly

$221M

Q4 2020+9.4%vs Q4 2019
Beat estimate in 4 of 9 quarters(44%)
ActualEstimate

Revenue by segment

Blue Owl · $875K total across 1 segment · Q3 2023

  • Joint ventures
    $875K

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2020

Historical avgQ4 2020

+0.6%

Avg return

Earnings day

+1.1%

Avg return

5 days after

+0.4%

Avg return

30 days after

63%

17 / 27 earnings

Positive

+6.6%

Q3 2022

Best reaction

-5.4%

Q3 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-2.9%-5.1%-6.3%
Q4 2025-1.0%+1.1%-3.5%
Q3 2025-5.4%-5.6%+5.5%
Q1 2025+1.2%+6.3%+6.3%
Q4 2024-0.7%-1.9%-4.2%
Q3 2024+1.2%+1.4%+4.6%
Q2 2024-1.6%-2.9%-0.9%
Q1 2024-0.9%+0.2%+0.1%
Q4 2023+1.5%+0.7%+2.9%
Q3 2023+1.7%+3.5%+7.3%
Q2 2023-0.7%-1.5%-3.4%
Q1 2023+1.8%+3.4%+8.1%
Q4 2022+5.2%+4.9%-5.0%
Q3 2022+6.6%+9.0%+8.7%
Q2 2022+1.3%+6.3%+1.7%
Q1 2022-4.9%-8.6%-5.1%
Q4 2021+2.0%+2.8%+2.5%
Q3 2021+0.1%+1.6%-2.7%
Q2 2021+0.1%+0.3%+2.3%
Q1 2021-2.6%-3.7%+0.9%
Q4 2020+0.4%+0.8%-0.4%
Q3 2020+5.6%+9.3%+12.9%
Q2 2020+3.0%+3.1%+0.4%
Q1 2020+3.6%+4.8%+3.7%
Q4 2019-1.2%-5.9%-35.5%
Q3 2019+1.7%+2.4%+7.2%
Q2 2019+1.7%+2.1%+1.9%
Q1 2019
Q4 2018
Q3 2018
Q2 2018
Q1 2018
Q4 2017
Q3 2017
Q2 2017
Q1 2017
Q4 2016
Q3 2016
Q2 2016
Q1 2016

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