NYSE$OWL

Blue Owl Capital Inc · Q2 2021 earnings

Q2 2021 earnings · · Investor relations

Briefing

Reported strong financial results driven by differentiated investment performance and flexible capital solutions.

Blue Owl Capital Inc. reported its financial results for the second quarter ended June 30, 2021. The company's assets under management reached $62.4 billion, reflecting an 8% increase from the prior quarter. Adjusted Distributable Earnings were $108.4 million, or $0.09 per Adjusted Share, and Adjusted Fee-related Earnings were $130.1 million, or $0.10 per Adjusted Share.

  • Assets under management reached $62.4 billion, up 8% quarter-over-quarter.
  • Adjusted Fee-Related Earnings were $130.1 million, or $0.10 per Adjusted Share.
  • Adjusted Distributable Earnings were $108.4 million, or $0.09 per adjusted share.
  • Declared a quarterly dividend of $0.04 per Class A share.

Headline financials

Total Revenue

$179M

Previous: $40.5M+342.6%
EPS (adj)

$0.09

Previous: -$0.04+331.5%
Assets Under Management

$62.4B

Previous: $53.3B+17.0%
Capital Expenditures

-$533K

No prior period
Free Cash Flow

-$363M

No prior period
Net Income

-$362M

Previous: -$12.4M-2812.0%
Operating Income

-$72.9M

Previous: -$7.37M-889.1%
Gross Profit

-$1.04B

Previous: $8.23M-12766.2%
Cash & Equivalents

$436M

No prior period
Total Assets

$6.87B

No prior period
Stock-Based Comp

$1.16B

No prior period

Revenue & EPS history

Blue Owl Capital · Revenue · Quarterly

$179M

Q2 2021+342.6%vs Q2 2020
Beat estimate in 8 of 11 quarters(73%)
ActualEstimate

Forward guidance

Company did not provide forward guidance in the Q2 2021 earnings report.

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 Q2 2021

Historical avgQ2 2021

+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

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