NYSE$OWL

Blue Owl Capital Inc · Q4 2023 earnings

Q4 2023 earnings · · Investor relations

Briefing

Blue Owl reported strong Q4 2023 results with revenue and earnings growth.

Blue Owl reported a strong quarter and year with revenue and earnings growth, driven by robust expansion across its businesses. They are also increasing their 2024 dividend by almost 30%.

  • Blue Owl reported strong revenue and earnings growth in Q4 2023.
  • The company's business model is characterized by stability, predictability, and resilience.
  • Blue Owl is expanding across its businesses, reflecting investor interest in its strategies.
  • The company is developing new capital solutions for new markets to drive future growth.

Headline financials

Total Revenue

$494M

Previous: $396M+24.9%
EPS (adj)

$0.18

Previous: $0.15+20.0%
Assets Under Management

$165B

Previous: $138B+19.4%
Capital Expenditures

-$33.5M

Previous: $23.9M-240.3%
Net Income

$18.1M

Previous: $1.59M+1034.3%
Operating Income

$117M

No prior period
Gross Profit

$243M

Previous: $148M+64.8%
Stock-Based Comp

$93.5M

Previous: $111M-16.1%

Revenue & EPS history

Blue Owl Capital · Revenue · Quarterly

$494M

Q4 2023+24.9%vs Q4 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 Q4 2023

Historical avgQ4 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

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