NYSE$OWL

Blue Owl Capital Inc · Q2 2024 earnings

Q2 2024 earnings · · Investor relations

Briefing

Blue Owl Capital reported strong and stable growth in Q2 2024, marked by record deployment levels and robust fundraising.

Blue Owl Capital reported exceptionally strong and stable growth in the second quarter of 2024, with LTM management fee growth exceeding 20% year over year. The company experienced record levels of deployment, strong pipelines, and robust fundraising. They also announced an agreement to acquire Atalaya Capital Management, expanding their capabilities in alternative credit and asset-based finance.

  • Blue Owl reported strong and stable growth.
  • LTM management fee growth exceeded 20% year over year.
  • The company had record levels of deployment and robust fundraising.
  • Blue Owl announced an agreement to acquire Atalaya Capital Management.

Headline financials

Total Revenue

$129M

Previous: $417M-69.0%
EPS

$0.06

Previous: $0.16-62.5%
Capital Expenditures

-$39M

Previous: -$15.9M-146.2%
Free Cash Flow

-$5.09M

Previous: -$2.99M-69.9%
Net Income

$33.9M

Previous: $12.9M+164.0%
Operating Income

-$20.8M

Previous: -$167M+87.6%
Gross Profit

$129M

Previous: $209M-38.0%
Cash & Equivalents

$437M

Previous: $41.3M+957.0%
Total Assets

$9.66B

Previous: $8.75B+10.4%
Stock-Based Comp

$60M

Previous: $70.8M-15.3%

Revenue & EPS history

Blue Owl Capital · Revenue · Quarterly

$129M

Q2 2024-69%vs Q2 2023
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 Q2 2024

Historical avgQ2 2024

+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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