Stock fact sheet · data as of
Blue Owl Capital Inc. (OWL): fair value, margin of safety and Wheel Score
Ticker symbol OWL · Financial Services · Asset Management · United States · Class A capital stock · Growth Income
OWL is Blue Owl Capital Inc.'s Class A capital stock. The classes own the same business, share the same earnings report and trade within a few cents of each other; what differs is mainly the vote each share carries - the company's annual report sets out the voting rights.
Is OWL undervalued?
Blue Owl Capital Inc. (OWL) closed at 10.65 on 5 Nov 2026, close to the GLS average fair value of 10.74 (0.9% below fair value). 3 of the 9 models that produced a number sit above the price, 6 below - the market and our models roughly agree. With little margin of safety either way, the case for or against the stock rests on the quality numbers and the option premium rather than on price.
The 9 models disagree widely: EPV gives 1.51 while 10 Cap gives 43.93. A spread that wide means the average is sensitive to which methods you trust; the model table below shows where each one lands, and the Quote page lets you switch any of them off.
Ranked against every other company we cover, OWL is clearly faster-growing than it is cheap, so the nightly engine files it under Growth (value score 32, growth score 84, out of 100). It also carries the Income tag (Income = a dividend yield of 4% or more).
Nine valuation models for OWL
Each model turns the latest filed numbers into a value per share; the GLS fair value is the simple average of the ones that produce a positive number. The last two rows are shown for reference and never enter the average. The Quote page lets you switch any model off and add your own margin of safety.
| Model | Value | vs price | What it measures |
|---|---|---|---|
| DCF | 6.72 | -37% | Present value of the projected free cash flows, discounted at the cost of capital |
| Graham Number | 2.90 | -73% | The most a defensive investor pays for the earnings and book value per share |
| Graham Growth | 4.71 | -56% | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields |
| Lynch | 1.83 | -83% | EPS × the earnings growth rate (PEG of 1), growth capped at 25% |
| GLS Growth | 8.29 | -22% | EPS compounded ten years at the blended growth rate, discounted back at 15% a year |
| 10 Cap | 43.93 | +313% | Owner's earnings (operating cash flow less maintenance capex) capitalised at 10% |
| Payback Time | 13.41 | +26% | Eight years of compounded free cash flow: the price at which the business pays for itself |
| DDM | 13.39 | +26% | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend |
| EPV | 1.51 | -86% | Earnings power value: current EPS capitalised at 9% with no growth |
| Zombie (liquidation) | -3.48 | -133% | Current assets less all liabilities, per share: the balance-sheet floor. Not in the average |
| Wall St target | 11.71 | +10% | Analysts' average 12-month price target. Not in the average |
Quality and financial health
Financial health is average - OWL passes 5 of the nine Piotroski tests, which falls one point short of the "Piotroski 6 or more" Wheel Trade Filter. The Financials tab on the Quote page shows which tests fail. The GLS Moat score is low at 4.7 out of 10: returns on capital, margins or the balance sheet have not shown a lasting edge yet - often a young company, a thin-margin business or one that has only recently turned profitable.
Returns on capital are thin or negative - ROIC 1.3%, ROE 3.6%, ROA 0.6% - with debt at 1.75 times equity and a free-cash-flow yield of 9.0%.
The dividend yield is high at 8.54% (payout ratio 773%) - a payout above 100% of earnings, which is not covered by profits. A yield this size is often the market's way of pricing a risk to the payout, so the health score and cash flow matter more than usual. Revenue comes mainly from Asset Management 58%, Management Fees 29%, Net Lease 5% (quarter Q3 FY2026).
Institutional ownership scores 10/10, insider activity 10/10 and Congressional trading 5/10 on the GLS smart-money scales.
| Piotroski F-score | 5 / 9 | ROIC | 1.3% |
|---|---|---|---|
| GLS Moat | 4.7 / 10 | ROE | 3.6% |
| Debt / equity | 1.75 | ROA | 0.6% |
| Free-cash-flow yield | 9.0% | Payout ratio | 773% |
| Institutions | 10 / 10 | Insiders · Congress | 10 · 5 / 10 |
Wheel Score 41: Weak
OWL scores 41 out of 100 on the Wheel Score, in the Weak band (under 50): it fails filter 4, financially healthy - Piotroski 5/9 (under 6), and the parts are thin too - value weak, premium strong, moat fair, health fair, red flags good, option trading strong, stability good. The score is not a judgement on the company; it says the price, quality and premium do not line up for selling puts on it today.
Implied volatility is 51% on the near-the-money contracts 20-60 days out - inside the 35-60% sweet spot the Wheel Score rewards most: enough premium to be worth selling, not so much that the risk is unpaid. The option chain is deep: 392,142 contracts of open interest across all expiries, which means tight fills at most strikes.
Volume runs at 19.9M shares a day on a market cap of $16.6B, with a beta of 1.29 - a high beta, so the stock tends to move more than the market and a strike can be gapped through; the Stability part of the Wheel Score rates that good.
| Filter | Wheel Trade Filter | Result | Detail |
|---|---|---|---|
| 1 | Options that actually trade | Passes | Listed options with 1,000+ contracts of open interest and 100+ traded a day |
| 2 | A real business, not a gamble | Passes | Profitable over the last twelve months - not a speculative stock, fund or note |
| 3 | Below fair value | Passes | Trading below the nine-model average fair value (margin of safety above 0) |
| 4 | Financially healthy | Fails | Piotroski 5/9 (under 6) |
| 5 | Can repay its debt | Passes | Long-term debt repaid from 3 years of operating cash flow or less (6 for real estate and utilities; banks and insurers are not judged on it) |
| 6 | No serious red flags | Passes | Red Flags score 60 or more out of 100 (earnings, margins, debt, analysts, filings and price checked the same way for every stock) |
| 7 | A premium worth selling | Passes | Implied volatility 25-80% (enough premium, not a lottery ticket) |
| 8 | Big enough | Passes | Market cap $1 billion or more |
| 9 | Not a penny stock | Passes | Share price $5 or more |
| How it ranks | Rating | From | |
|---|---|---|---|
| Value | Weak | 1% below fair value | |
| Premium | Strong | implied volatility 51% | |
| Moat | Fair | moat 4.7/10 | |
| Health | Fair | Piotroski 5/9 | |
| Red Flags | Good | Red Flags score 85/100 | |
| Option trading | Strong | 12,783 contracts a day, 392,142 open interest | |
| Stability | Good | beta 1.29, $16.6B company |
The Wheel Score ranks ~7,400 US stocks for selling cash-secured puts and covered calls: a stock must pass all 9 Wheel Trade Filters to score 70, and the score then ranks the ones that pass; the Sunday Scan is the top 10. It is updated nightly and is not a recommendation. How the Wheel Score works · the walkthrough lesson shows how it fits into a trade, start to finish.
Upcoming events
No upcoming earnings date is recorded for OWL in the nightly calendar. The shares go ex-dividend on 10 Nov 2026 (0.2300 per share), so a covered call sold before then carries a small early-assignment risk around that date.
No analyst upgrades or downgrades were recorded in the last 30 days.
Earnings, dividend, IPO, split and economic calendars for the whole market, filterable to your watchlists.
Similar stocks in Asset Management
The 12 companies below are the closest to Blue Owl Capital Inc. by market cap within the Asset Management industry, each with its own fact sheet; the Compare page puts up to eight of them side by side.
| Stock | Close | Fair value | MoS | Wheel | Mkt cap |
|---|---|---|---|---|---|
| LGRNX Loomis Sayles Growth Fund Class N | 33.65 | 5.95 | -466% | 13No options | $16.8B |
| VPCCX Vanguard PRIMECAP Core Fund | 45.27 | 68.06 | +33% | 31No options | $16.9B |
| DUKH Ocean Park High Income ETF | 23.34 | 126.27 | +82% | 32No options | $16.3B |
| CRBG Corebridge Financial, Inc. | 36.24 | 103.21 | +65% | 81Good | $16.2B |
| TRRHX T. Rowe Price Retirement 2025 Fund | 18.88 | 195.03 | +90% | 28No options | $16.1B |
| BEN Franklin Resources, Inc. | 33.87 | 24.18 | -40% | 38Weak | $17.2B |
| VWLUX Vanguard Long-Term Tax-Exempt Fund Admiral Shares | 10.52 | 3.32 | -217% | 15No options | $18.0B |
| EQH Equitable Holdings, Inc. | 56.12 | 165.11 | +66% | 82Good | $15.3B |
| CG The Carlyle Group Inc. | 42.75 | 30.49 | -40% | 36Weak | $15.2B |
| FIDZX Fidelity Advisor International Capital Appreciation Fund Class Z | 35.91 | 25.89 | -39% | 16No options | $18.2B |
| IHGIX Hartford Dividend and Growth Fund Class A | 41.12 | 45.80 | +10% | 20No options | $18.6B |
| HDGCX The Hartford Dividend and Growth Fund Class C | 38.73 | 86.30 | +55% | 30No options | $18.6B |
⚖ Compare OWL with 7 of them All Financial Services stocks →
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Start free See the Sunday ScanQuestions about OWL
What kind of share is OWL?
OWL is Blue Owl Capital Inc.'s Class A capital stock. The classes own the same business, share the same earnings report and trade within a few cents of each other; what differs is mainly the vote each share carries - the company's annual report sets out the voting rights.
Is OWL undervalued right now?
Not meaningfully: at 10.65 the stock trades within a few percent of the GLS average fair value of 10.74 (0.9% below fair value, data as of 5 Nov 2026).
What is the Wheel Score of OWL and what does it mean?
OWL scores 41 out of 100 (Weak) - it fails Wheel Trade Filter 4. The Wheel Score ranks stocks for the wheel strategy - selling cash-secured puts, then covered calls if assigned - in two parts: the 9 pass/fail Wheel Trade Filters (busy options, a real business, below fair value, Piotroski 6 or more, debt it can repay, a Red Flags score of 60 or more, implied volatility of 25-80%, a $1 billion company, $5 a share) and a ranking of how strongly a stock passes on value, premium, moat, health, red flags, option trading and stability. A stock that fails any filter stays under 70; 70-84 is Good, 85 and above is Prime. The Sunday Scan is the top 10 that pass, sorted by Wheel Score.
What is the GLS fair value for OWL?
10.74 per share as of 5 Nov 2026 - the simple average of the 9 valuation models (out of nine: DCF, Graham Number, Graham Growth, Lynch, GLS Growth, 10 Cap, Payback Time, DDM and EPV) that produced a positive value. The models run every night on the latest filings; the Quote page lets you switch any of them off and add a margin of safety of your own.
When does Blue Owl Capital Inc. report earnings next?
No upcoming earnings date is recorded for OWL in our calendar as of 5 Nov 2026; the Calendars page is refreshed every morning.
Does OWL have listed options, and how liquid are they?
Yes. The nightly snapshot found 224 listed contracts with 392,142 open interest across all expiries and implied volatility of 51% on the near-the-money contracts. The Options scanner lists the cash-secured put and covered call set-ups with premium and annualised yield worked out.