NYSE$OWL

Blue Owl Capital Inc · Q3 2023 earnings

Q3 2023 earnings · · Investor relations

Briefing

Blue Owl Capital reported stable business model with sequential management fee growth.

Blue Owl Capital reported their Q3 2023 financial results, demonstrating stability and resilience with consistent management fee growth. The company remains well-positioned due to investor demand for differentiated product offerings and predictable income.

  • Blue Owl demonstrated stability and resilience in its business model.
  • The company generated sequential management fee growth.
  • Blue Owl's management fee growth has been over 40% per year.
  • Blue Owl is well-positioned to benefit from investors' desire for differentiated product offerings.

Headline financials

Total Revenue

$430M

Previous: $371M+15.8%
EPS (adj)

$0.16

Previous: $0.14+14.3%
Assets Under Management

$157B

Previous: $132B+18.8%
Capital Expenditures

-$34.4M

Previous: -$41.6M+17.4%
Free Cash Flow

-$19.3M

Previous: -$39.6M+51.3%
Net Income

$15.1M

Previous: $2.06M+633.4%
Operating Income

-$122M

Previous: -$134M+8.7%
Gross Profit

$216M

No prior period
Cash & Equivalents

$76.7M

Previous: $39.5M+94.0%
Total Assets

$8.77B

Previous: $8.79B-0.2%
Stock-Based Comp

$75M

No prior period

Revenue & EPS history

Blue Owl Capital · Revenue · Quarterly

$430M

Q3 2023+15.8%vs Q3 2022
Beat estimate in 8 of 15 quarters(53%)
ActualEstimate

Forward guidance

No specific financial forward guidance was provided in the press release.

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 Q3 2023

Historical avgQ3 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