earnings
confidence high
sentiment positive
materiality 0.85
Blue Owl Capital Q4 adjusted NII $0.36/sh; announces $1.4B asset sale, new $300M buyback
Blue Owl Capital Corp
2025-FY EPS reported
$1.24
- Q4 adjusted NII per share $0.36, consistent with Q3; dividend $0.37/sh (10% annualized yield).
- New $300M share repurchase program replaces prior $200M; Q4 repurchases of $148M at 86% of book value.
- Sold $400M of direct lending investments as part of $1.4B sale to institutional investors at fair value.
- NAV per share $14.81 (down from $14.89); non-accruals improved to 2.3% cost, 1.1% fair value.
- Moody's upgraded OBDC to Baa2 in January 2026, citing credit profile and liability management.