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Blue Owl Capital (Blue Owl Capital) EBIT : $409 Mil (TTM As of Mar. 2024)


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What is Blue Owl Capital EBIT?

Blue Owl Capital's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was $149 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $409 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Blue Owl Capital's annualized ROC % for the quarter that ended in Mar. 2024 was 6.20%. Blue Owl Capital's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 140.99%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Blue Owl Capital's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 3.55%.


Blue Owl Capital EBIT Historical Data

The historical data trend for Blue Owl Capital's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Blue Owl Capital EBIT Chart

Blue Owl Capital Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
27.37 -58.73 -1,839.82 10.45 322.08

Blue Owl Capital Quarterly Data
Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 66.84 53.01 88.15 118.88 149.27

Competitive Comparison of Blue Owl Capital's EBIT

For the Asset Management subindustry, Blue Owl Capital's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Blue Owl Capital's EV-to-EBIT Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Blue Owl Capital's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Blue Owl Capital's EV-to-EBIT falls into.



Blue Owl Capital EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $409 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Blue Owl Capital  (NYSE:OWL) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Blue Owl Capital's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=622.424 * ( 1 - 11.65% )/( (8574.707 + 9177.5)/ 2 )
=549.911604/8876.1035
=6.20 %

where

Invested Capital(Q: Dec. 2023 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=8817.621 - 138.754 - ( 104.16 - max(0, 343.754 - 494.361+104.16))
=8574.707

Invested Capital(Q: Mar. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=8985.477 - 151.536 - ( 155.759 - max(0, 903.734 - 560.175+155.759))
=9177.5

Note: The Operating Income data used here is four times the quarterly (Mar. 2024) data.

2. Joel Greenblatt's definition of Return on Capital:

Blue Owl Capital's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=597.072/( ( (416.562 + max(-115.689, 0)) + (430.38 + max(-288.269, 0)) )/ 2 )
=597.072/( ( 416.562 + 430.38 )/ 2 )
=597.072/423.471
=140.99 %

where Working Capital is:

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(15.853 + 0 + 7.212) - (138.754 + 0 + 0)
=-115.689

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(11.386 + 0 + 9.079) - (151.536 + 0 + 157.198)
=-288.269

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Blue Owl Capital's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=409.301/11542.254
=3.55 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Blue Owl Capital EBIT Related Terms

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Blue Owl Capital (Blue Owl Capital) Business Description

Traded in Other Exchanges
N/A
Address
399 Park Avenue, New York, NY, USA, 10022
Blue Owl Capital Inc is an alternative asset management firm. It provides investors access to asset management capital solutions through its Direct Lending and GP Capital Solutions business segments. Its investor base includes a diversified mix of institutional investors, including public and private pension funds, endowments, foundations, family offices, private banks, high net worth individuals, asset managers and insurance companies.
Executives
Blue Pool Capital Ltd 10 percent owner 25/F HYSAN PLACE, 500 HENNESSY ROAD, CAUSEWAY BAY K3 NA
Marc Zahr director, officer: Pres. of Oak Street Div. C/O BLUE OWL CAPITAL INC., 399 PARK AVENUE, 37TH FLOOR, NEW YORK NY 10022
Claudia A Holz director C/O BLUE OWL CAPITAL INC., 399 PARK AVENUE, 37TH FLOOR, NEW YORK NY 10022
Augustus, Llc director C/O BLUE OWL CAPITAL INC., 399 PARK AVENUE, 38TH FLOOR, NEW YORK NY 10022
Koch Industries Inc 10 percent owner 4111 EAST 37TH STREET NORTH, WICHITA KS 67220
Icq Bb Gp, Llc 10 percent owner 394 PACIFIC AVENUE, 2ND FLOOR, SAN FRANCISCO CA 94111
Kevin L Beebe other: See remarks. ONE ALLIED DRIVE, LITTLE ROCK AR 72202
Co-investment Portfolio 2021, L.p. 10 percent owner 394 PACIFIC AVENUE, SECOND FLOOR, SAN FRANCISCO CA 94111
Glide Path Solutions 2021, L.p. 10 percent owner 394 PACIFIC AVENUE, SECOND FLOOR, SAN FRANCISCO CA 94111
Bb Holdings Aa Lp 10 percent owner 50 BEALE STREET, SUITE 2300, SAN FRANCISCO CA 94105
Andrew Robert Polland officer: Chief Operating Officer C/O BLUE OWL CAPITAL INC., 399 PARK AVENUE, 38TH FLOOR, NEW YORK NY 10022
Andrew Charles Laurino officer: Senior Managing Director C/O BLUE OWL CAPITAL INC., 399 PARK AVENUE, 38TH FLOOR, NEW YORK NY 10022
Andrew Steven Komaroff director C/O BLUE OWL CAPITAL INC., 399 PARK AVENUE, 38TH FLOOR, NEW YORK NY 10022
Junot Foradada officer: Chief Accounting Officer C/O BLUE OWL CAPITAL INC., 399 PARK AVENUE, 38TH FLOOR, NEW YORK NY 10022
Dana Weeks Ugwonali director C/O BLUE OWL CAPITAL INC., 399 PARK AVENUE, 37TH FLOOR, NEW YORK NY 10022