BLUE OWL CAPITAL INC.

Annual Trend FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Cash flows from operating activities:
Adjustments to reconcile net income to net cash provided by operating activities:
Net Income From Continuing Operations ($40.2m) $220.8m $420.4m $305.5m
Net Income (Loss) Attributable to Parent ($376.2m) ($9.3m) $54.3m $109.6m $78.8m
Net Income (Loss) Available to Common Stockholders, Basic ($9.3m) $54.3m $109.6m $78.8m
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest ($1.8b) ($40.2m) $220.8m $420.4m $305.5m
Net Income (Loss) Attributable to Noncontrolling Interest ($1.4b) ($30.9m) $166.4m $310.9m $226.7m
Amortization of Debt Issuance Costs and Discounts $787k $1.9m $4.4m $5.0m $7.2m $7.8m
Amortization of Intangible Assets $0 $113.9m $256.9m $300.3m $258.3m $359.0m
Depreciation $665k $2.3m $10.2m $16.7m $23.4m
Amortization Cash Flow $256.9m $300.3m $258.3m $359.0m
Amortization Of Intangibles $256.9m $300.3m $258.3m $359.0m
Amortization Of Securities $1.7m $6k $0
Depreciation Amortization Depletion $259.2m $310.6m $274.9m $382.4m
Deferred Income Tax Expense (Benefit) ($66.1m) ($23.9m) $4.2m $26.8m $21.2m
Deferred Income Tax ($12.5m) $5.9m $19.7m $34.8m
Deferred Tax ($12.5m) $5.9m $19.7m $34.8m
Share-based Payment Arrangement, Noncash Expense $1.2b $420.8m $312.6m $312.6m $673.5m
Payment, Tax Withholding, Share-based Payment Arrangement $2.4m $15.4m $38.8m $79.6m
Share-based Payment Arrangement, Expense $1.2b $420.8m $312.6m $312.6m $673.5m
Goodwill, Impairment Loss $0 $0 $0 $0 $0
Impairment of Intangible Assets (Excluding Goodwill) $0 $0 $0 $0 $0
Gain (Loss) on Extinguishment of Debt ($17.6m) $0 $0
Income Tax Expense (Benefit) ($65.2m) ($9.4m) $25.6m $48.8m $42.4m
Interest Expense Nonoperating $121.9m $163.8m
Income (Loss) from Equity Method Investments, Net of Dividends or Distributions ($3.6m) ($132k) $4.2m ($12.7m) ($5.7m)
Changes in operating assets and liabilities:
Additional Financial Items
Increase (Decrease) in Other Operating Assets $2.1m $1.8m $15.5m $14.1m $93.4m
Distributions paid to shareholders $47.1m $182.6m $247.9m $368.3m $546.7m
Gain (Loss) on Investments ($3.5m) ($132k) $4.2m $1.7m ($7.1m)
General and Administrative Expense $140.3m $220.6m $242.8m $412.9m $747.9m
Goodwill $4.1b $4.2b $4.2b $4.7b $5.6b
Nonoperating Income (Expense) ($940.2m) ($47.1m) ($71.4m) ($137.5m) ($108.3m)
Proceeds from Contributed Capital $0
Proceeds from Contributions from Affiliates $0
Beginning Cash Position $42.6m $68.1m $104.2m $152.1m
Cash Flow From Continuing Financing Activities ($217.7m) ($795.0m) ($313.5m) ($943.0m)
Cash Flow From Continuing Investing Activities ($485.2m) ($118.0m) ($638.1m) ($270.6m)
Change In Account Payable $58.0m $4.7m $10.1m $2.8m
Change In Accrued Expense $138.2m $41.3m $30.6m $45.7m
Change In Other Current Assets $35.6m $25.4m $29.5m ($49.1m)
Change In Other Working Capital $92.7m $138.2m $41.3m
Change In Payable $58.0m $4.7m $10.1m $2.8m
Change In Payables And Accrued Expense $196.2m $46.0m $40.7m $48.5m
Change In Receivables ($128.0m) ($8.7m) ($175.1m) ($103.0m)
Change In Working Capital $103.8m $62.6m ($105.0m) ($103.7m)
Changes In Cash $25.5m $36.1m $47.9m $42.4m
End Cash Position $68.1m $104.2m $152.1m $194.5m
Financing Cash Flow ($217.7m) ($795.0m) ($313.5m) ($943.0m)
Free Cash Flow $662.9m $881.2m $935.4m $1.2b
Gain Loss On Investment Securities ($34.5m) $9.8m $51.0m $5.7m
Investing Cash Flow ($485.2m) ($118.0m) ($638.1m) ($270.6m)
Net Business Purchase And Sale ($114.5m) ($26.3m) ($445.2m) ($244.6m)
Net PPE Purchase And Sale ($65.5m) ($67.9m) ($64.2m) ($57.7m)
Operating Gains Losses ($34.5m) $9.8m $51.0m $5.7m
Other Non Cash Items $31.9m $26.9m $25.9m ($42.2m)
Proceeds From Stock Option Exercised $0 $151k $0 $0
Purchase Of Business ($114.5m) ($26.3m) ($445.2m) ($244.6m)
Purchase Of PPE ($65.5m) ($67.9m) ($64.2m) ($57.7m)
Repurchase Of Capital Stock ($78.8m) $0 $0 ($53.7m)
Stock Based Compensation $420.8m $312.6m $312.6m $673.5m
Net Cash Provided by (Used in) Operating Activities ($551k) $281.7m $728.4m $949.1m $999.6m $1.3b
Cash flows from investing activities:
Payments to Acquire Property, Plant, and Equipment $5.3m $65.5m $67.9m $64.2m $57.7m
Payments to Acquire Businesses, Net of Cash Acquired $1.6b $114.5m $26.3m $445.2m $244.6m
Payments to Acquire Investments $328.8m $309.1m $85.9m $378.4m $94.3m
Net Investment Purchase And Sale ($305.2m) ($23.9m) ($128.7m) $31.8m
Purchase Of Investment ($309.1m) ($85.9m) ($378.4m) ($94.3m)
Sale Of Investment $3.9m $62.1m $249.6m $126.0m
Net Cash Provided by (Used in) Investing Activities ($275.0m) ($1.6b) ($485.2m) ($118.0m) ($638.1m) ($270.6m)
Cash flows from financing activities:
Issuance Of Debt $775.1m $1.1b $2.2b $2.3b
Long Term Debt Issuance $775.1m $1.1b $2.2b $2.3b
Net Issuance Payments Of Debt $452.1m $54.8m $925.0m $730.0m
Net Long Term Debt Issuance $452.1m $54.8m $925.0m $730.0m
Long Term Debt Payments ($323.0m) ($1.0b) ($1.2b) ($1.5b)
Repayment Of Debt ($323.0m) ($1.0b) ($1.2b) ($1.5b)
Net Common Stock Issuance ($78.8m) $0 $0 ($53.7m)
Payments for Repurchase of Common Stock $78.8m $0 $0 $53.7m
Payments of Ordinary Dividends, Common Stock $47.1m $182.6m $247.9m $368.3m $546.7m
Common Stock Payments ($78.8m) $0 $0 ($53.7m)
Proceeds from Noncontrolling Interests $15.7m $27.5m $48.3m $37.9m $29.3m
Cash Dividends Paid ($182.6m) ($247.9m) ($368.3m) ($546.7m)
Common Stock Dividend Paid ($182.6m) ($247.9m) ($368.3m) ($546.7m)
Net Other Financing Charges ($408.6m) ($602.0m) ($870.1m) ($1.1b)
Net Cash Provided by (Used in) Financing Activities $276.5m $1.3b ($217.7m) ($795.0m) ($313.5m) ($943.0m)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect $929k $30.9m $25.5m $36.1m $47.9m $42.4m
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $929k $42.6m $68.1m $104.2m $152.1m $194.5m
Supplemental disclosure of cash flow information:
Change In Cash Supplemental As Reported $25.5m $36.1m $47.9m $42.4m
Interest Paid, Excluding Capitalized Interest, Operating Activities $23.2m $25.0m $47.7m $71.6m $101.2m $155.4m
Income Taxes Paid, Net $142k $4.4m $4.8m $14.2m $22.1m $17.1m

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.