NYSE$OWL

Blue Owl Capital Inc · Q1 2023 earnings

Q1 2023 earnings · · Investor relations

Briefing

Blue Owl reported steady growth in Q1 2023, with management fees and AUM increasing more than 40% year over year.

Blue Owl Capital reported its financial results for the first quarter ended March 31, 2023. The company experienced steady and significant growth, with management fees and AUM increasing more than 40% year over year. Blue Owl declared a quarterly dividend of $0.14 per Class A Share.

  • Blue Owl continued to generate steady and significant growth.
  • Management fees and AUM increased more than 40% year over year.
  • The company's business model is built around sticky, durable capital and recurring management fees.
  • Strategies are focused on providing differentiated returns for investors through income generation, principal preservation, and inflation mitigation.

Headline financials

Total Revenue

$391M

Previous: $276M+41.7%
EPS (adj)

$0.15

Previous: $0.11+36.4%
Assets Under Management

$144B

No prior period
Capital Expenditures

-$5.67M

Previous: -$18.4M+69.1%
Free Cash Flow

$2.65M

Previous: -$30.2M+108.8%
Net Income

$8.32M

Previous: -$11.8M+170.4%
Operating Income

-$127M

Previous: -$105M-21.2%
Gross Profit

$193M

Previous: $82.1M+135.6%
Cash & Equivalents

$37.9M

Previous: $186M-79.6%
Total Assets

$8.76B

Previous: $8.36B+4.8%
Stock-Based Comp

$73.3M

Previous: $96.6M-24.1%

Revenue & EPS history

Blue Owl Capital · Revenue · Quarterly

$391M

Q1 2023+41.7%vs Q1 2022
Beat estimate in 8 of 15 quarters(53%)
ActualEstimate

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 Q1 2023

Historical avgQ1 2023

+0.6%

Avg return

Earnings day

+1.5%

Avg return

5 days after

-0.7%

Avg return

30 days after

38%

8 / 21 earnings

Positive

+17.6%

Q3 2022

Best reaction

-14.7%

Q2 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+10.7%+21.1%+15.8%
Q4 2025-3.6%+7.5%-18.0%
Q3 2025-4.2%-5.4%-9.4%
Q1 2025-3.3%-3.7%+0.8%
Q4 2024-0.7%-5.6%-22.2%
Q3 2024-7.1%-7.7%+2.7%
Q2 2024-14.7%-14.1%-7.5%
Q1 2024-3.8%-2.8%-3.5%
Q4 2023+7.9%+10.0%+7.4%
Q3 2023+5.7%+3.4%+8.4%
Q2 2023+0.1%-0.4%-3.0%
Q1 2023-3.3%-4.8%-2.7%
Q4 2022+4.1%+5.5%-21.1%
Q3 2022+17.6%+20.1%+15.9%
Q2 2022+7.3%+8.4%-5.8%
Q1 2022-2.2%-12.3%-0.8%
Q4 2021-7.2%-7.3%-3.2%
Q3 2021-6.7%-7.1%-11.1%
Q2 2021-0.5%+3.9%+24.4%
Q1 2021+15.9%+24.8%+21.5%
Q4 2020-0.2%-1.8%-2.7%
Q2 2020
Q1 2020

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro