OTF - Blue Owl Technology Finance Corp.
Price:
--
--
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CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$13.50
DETAILS
HIGH:
$15.00
LOW:
$12.00
MEDIAN:
$13.50
CONSENSUS:
$13.50
UPSIDE:
49.83%
| Metric | 2026 Q2 | 2026 Q1 | 2025 Q4 | 2025 Q3 | 2025 Q2 | 2025 Q1 | 2024 Q4 | 2024 Q3 | 2024 Q2 | 2024 Q1 | 2023 Q4 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||
| Revenue | 321.7 | 426.6 | 310.3 | 320.4 | 294.9 | 138.6 | 154.1 | 173.9 | 62.5 | 146.4 | 153.9 |
| Cost of Revenue | 83.3 | 43.2 | 86.5 | 97.7 | 79.4 | 47.7 | 44.0 | 46.2 | 46.3 | 47.0 | 47.1 |
| Gross Profit | 238.4 | 383.4 | 223.8 | 222.7 | 215.4 | 90.9 | 110.1 | 127.7 | 16.2 | 99.4 | 106.8 |
| Operating Expenses | |||||||||||
| R&D Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| SG&A Expenses | 6.5 | 0 | 5.9 | 6.2 | 6.2 | 4.9 | 3.8 | 3.2 | 3.5 | 3.0 | 3.1 |
| Other Expenses | (26.8) | 498.3 | 10.6 | (98.0) | 7.5 | 3.8 | 2.7 | 2.1 | 2.1 | 2.3 | 2.0 |
| Operating Expenses | (20.3) | 498.3 | 16.5 | (91.8) | 13.8 | 8.6 | 6.5 | 5.3 | 5.6 | 5.3 | 5.1 |
| Operating Income | |||||||||||
| Operating Income | 258.7 | (114.9) | 207.2 | 314.5 | 201.7 | 82.3 | 103.6 | 122.4 | 10.6 | 94.2 | 101.8 |
| Interest Expense | 108.8 | 103.8 | 108.9 | 85.4 | 79.4 | 47.7 | 44.0 | 46.2 | 46.3 | 47.0 | 47.1 |
| Interest Income | 333.8 | 322.7 | 355.2 | 318.7 | 290.2 | 160.4 | 152.0 | 157.2 | 159.8 | 159.5 | 166.8 |
| Profitability | |||||||||||
| EBITDA | 263.0 | (114.9) | 207.2 | 320.4 | 281.1 | 130.0 | 147.6 | 168.6 | 56.9 | 141.1 | 148.8 |
| EBIT | 263.0 | (114.9) | 207.2 | 320.4 | 281.1 | 130.0 | 147.6 | 168.6 | 56.9 | 141.1 | 148.8 |
| Income Before Tax | 154.2 | (218.7) | 207.2 | 234.9 | 201.7 | 82.3 | 103.6 | 122.4 | 10.6 | 94.2 | 101.8 |
| Income Tax Expense | 0 | 1.2 | 1.4 | 0 | 0.2 | 4.1 | 2.9 | 2.8 | 2.5 | 3.3 | 0.2 |
| Net Income | 154.2 | (219.9) | 205.8 | 234.9 | 201.5 | 78.1 | 100.7 | 119.5 | 8.1 | 90.9 | 101.6 |
| Per Share Data | |||||||||||
| EPS (Basic) | 0.33 | -0.47 | 0.44 | 1.00 | 0.86 | 0.33 | 0.45 | 0.57 | 0.04 | 0.44 | 0.50 |
| EPS (Diluted) | 0.33 | -0.47 | 0.44 | 1.00 | 0.86 | 0.33 | 0.45 | 0.57 | 0.04 | 0.44 | 0.50 |
| Shares Outstanding | 460.9 | 464.3 | 464.0 | 235.4 | 235.4 | 235.4 | 222.6 | 210.3 | 209.1 | 208.1 | 203.2 |
| Metric | 2026 Q2 | 2026 Q1 | 2025 Q4 | 2025 Q3 | 2025 Q2 | 2025 Q1 | 2024 Q4 | 2024 Q3 | 2024 Q2 | 2024 Q1 | 2023 Q4 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | |||||||||||
| Cash & Cash Equivalents | 3.2 | 0.8 | 0.7 | 396.9 | 170.5 | 990.9 | 257 | 186.5 | 331.2 | 499.8 | 469.0 |
| Short-Term Investments | 0 | 0 | 0 | 178.2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Receivables | 115.0 | 99.6 | 83.0 | 83.6 | 88.3 | 99.4 | 47.8 | 63.7 | 57.1 | 63.4 | 50.0 |
| Inventory | 0 | 0 | 0 | (516.6) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Assets | 0 | 0 | 0 | 12,706.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Current Assets | 118.2 | 100.4 | 83.7 | 12,884.0 | 258.9 | 1,090.3 | 304.8 | 250.2 | 388.3 | 563.2 | 519.0 |
| Non-Current Assets | |||||||||||
| Property, Plant & Equipment | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 14,680.5 | 14,068.2 | 14,286.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | (14,680.5) | (14,068.2) | (14,286.0) | 516.7 | 12,784.1 | 12,128.7 | 6,417.9 | 6,434.9 | 6,162.1 | 6,106.0 | 6,133.1 |
| Total Non-Current Assets | 0 | 0 | 0 | 516.7 | 12,784.1 | 12,128.7 | 6,417.9 | 6,434.9 | 6,162.1 | 6,106.0 | 6,133.1 |
| Total Assets | 15,054.9 | 14,868.6 | 14,715.0 | 13,400.8 | 13,042.9 | 13,219.0 | 6,722.6 | 6,685.0 | 6,550.4 | 6,669.2 | 6,652.2 |
| Current Liabilities | |||||||||||
| Account Payables | 184.6 | 0 | 0 | 289.5 | 162.8 | 10.7 | 123.8 | 76.5 | 99.0 | 76.4 | 101.0 |
| Short-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | (267.9) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Current Liabilities | 0 | 0 | 0 | 377.8 | 162.8 | 10.7 | 123.8 | 76.5 | 99.0 | 76.4 | 101.0 |
| Non-Current Liabilities | |||||||||||
| Long-Term Debt | 7,157.5 | 6,904.3 | 6,288.2 | 4,966.7 | 0 | 5,127.9 | 2,914.5 | 2,961.2 | 2,878.8 | 2,954.9 | 2,947.3 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 357.5 | 358.8 | 385.2 | 0 | 4,894.7 | 133.7 | 59.2 | 71.8 | 62.2 | 72.9 | 73.8 |
| Total Non-Current Liabilities | 7,515.0 | 7,263.2 | 6,673.4 | 4,966.7 | 4,894.7 | 5,261.6 | 2,973.7 | 3,033.0 | 2,941.1 | 3,027.8 | 3,021.1 |
| Total Liabilities | 7,515.0 | 7,263.2 | 6,673.4 | 5,345.6 | 5,057.5 | 5,272.3 | 3,097.5 | 3,109.5 | 3,040.1 | 3,104.2 | 3,122.2 |
| Stockholders' Equity | |||||||||||
| Common Stock | 4.6 | 4.6 | 4.6 | 4.7 | 4.7 | 4.7 | 2.1 | 2.1 | 2.1 | 2.1 | 2.1 |
| Retained Earnings | 0 | 0 | 0 | 0 | 315.1 | 276.4 | 270.8 | 229.7 | 186.7 | 261.7 | 247.2 |
| Accumulated Other Comprehensive Income | 57.8 | 86.6 | 463.2 | 363.4 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Stockholders' Equity | 7,539.9 | 7,605.5 | 8,041.6 | 8,055.2 | 7,985.4 | 7,946.7 | 3,625.2 | 3,575.5 | 3,510.4 | 3,565.0 | 3,530.0 |
| Total Liabilities & Equity | 15,054.9 | 14,868.6 | 14,715.0 | 13,400.8 | 13,042.9 | 13,219.0 | 6,722.6 | 6,685.0 | 6,550.4 | 6,669.2 | 6,652.2 |
| Debt Metrics | |||||||||||
| Total Debt | 7,157.5 | 6,904.3 | 6,288.2 | 4,966.7 | 0 | 5,127.9 | 2,914.5 | 2,961.2 | 2,878.8 | 2,954.9 | 2,947.3 |
| Net Debt | 7,154.3 | 6,903.5 | 6,287.5 | 4,569.8 | (170.5) | 4,137.0 | 2,657.5 | 2,774.7 | 2,547.6 | 2,455.1 | 2,478.3 |
| Metric | 2026 Q2 | 2026 Q1 | 2025 Q4 | 2025 Q3 | 2025 Q2 | 2025 Q1 | 2024 Q4 | 2024 Q3 | 2024 Q2 | 2024 Q1 | 2023 Q4 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||
| Net Income | 190.2 | (219.9) | (495.6) | 234.9 | 201.5 | 78.1 | 100.7 | 119.5 | 8.1 | 90.9 | 101.6 |
| Depreciation & Amortization | (11.0) | 0 | (25.3) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock-Based Compensation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Working Capital | 200.6 | (200.6) | 38.9 | 72.0 | 1.4 | (112.4) | 83.6 | (46.6) | 35.9 | (66.1) | 23.5 |
| Other Non-Cash Items | (153.3) | 359.1 | 533.5 | (147.1) | (613.1) | 576.5 | (22.6) | (226.6) | (67.1) | 54.2 | (50.9) |
| Operating Cash Flow | (452.6) | (61.4) | 51.5 | 159.8 | (410.2) | 542.2 | 161.7 | (153.6) | (23.0) | 79.0 | 74.2 |
| Investing Activities | |||||||||||
| Capital Expenditure | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Purchases of Investments | (784.6) | (1,230.9) | (1,851.1) | (641.0) | (818.8) | 0 | 0 | 0 | 0 | 0 | (415.3) |
| Sales/Maturities of Investments | (1,095.1) | 1,095.1 | (1,027.4) | 639.8 | 0 | 0 | 0 | 0 | 0 | 0 | 593.6 |
| Other Investing Activities | 1,336.5 | 0 | 1,620.2 | 0 | 818.8 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investing Cash Flow | (543.1) | (135.9) | (1,258.2) | (1.2) | 0 | 0 | 0 | 0 | 0 | 0 | 178.3 |
| Financing Activities | |||||||||||
| Net Debt Issuance | 910 | 630 | (97.2) | 209.2 | (419.3) | 320 | (23.7) | 70.0 | (89.5) | 8.6 | 13.6 |
| Stock Repurchased | (55.1) | (50.2) | (64.6) | (8.9) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | (166.2) | (167.2) | (155.8) | (132.4) | 0.0 | (105.6) | (56.6) | (61.0) | (56.0) | (56.4) | (56.6) |
| Other Financing Activities | (646.6) | (10.1) | 1,410.0 | 0 | (1.0) | (12.6) | (11.0) | (0.2) | (0.2) | (0.4) | (1.3) |
| Financing Cash Flow | 42.0 | 402.5 | 1,092.5 | 67.9 | (420.3) | 201.8 | (91.2) | 8.9 | (145.6) | (48.2) | (44.4) |
| Cash Position | |||||||||||
| Net Change in Cash | (274.7) | 205.2 | (114.2) | 226.6 | (830.5) | 744.0 | 70.5 | (144.7) | (168.6) | 30.8 | 208.1 |
| Cash at Beginning | 488.2 | 282.9 | 397.1 | 170.5 | 1,001.0 | 257 | 186.5 | 331.2 | 499.8 | 469.0 | 260.9 |
| Cash at End | 213.5 | 488.2 | 282.9 | 397.1 | 170.5 | 1,001.0 | 257 | 186.5 | 331.2 | 499.8 | 469.0 |
| Free Cash Flow | (452.6) | (61.4) | 51.5 | 159.8 | (410.2) | 542.2 | 161.7 | (153.6) | (23.0) | 79.0 | 74.2 |
| Key Metrics | 2026 Q2 | 2026 Q1 | 2025 Q4 | 2025 Q3 | 2025 Q2 | 2025 Q1 | 2024 Q4 | 2024 Q3 | 2024 Q2 | 2024 Q1 | 2023 Q4 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||
| Revenue | 321.7 | 426.6 | 310.3 | 320.4 | 294.9 | 138.6 | 154.1 | 173.9 | 62.5 | 146.4 | 153.9 |
| Gross Profit | 238.4 | 383.4 | 223.8 | 222.7 | 215.4 | 90.9 | 110.1 | 127.7 | 16.2 | 99.4 | 106.8 |
| Operating Income | 258.7 | (114.9) | 207.2 | 314.5 | 201.7 | 82.3 | 103.6 | 122.4 | 10.6 | 94.2 | 101.8 |
| Net Income | 154.2 | (219.9) | 205.8 | 234.9 | 201.5 | 78.1 | 100.7 | 119.5 | 8.1 | 90.9 | 101.6 |
| EPS (Diluted) | 0.33 | -0.47 | 0.44 | 1.00 | 0.86 | 0.33 | 0.45 | 0.57 | 0.04 | 0.44 | 0.50 |
| Balance Sheet | |||||||||||
| Cash & Equivalents | 3.2 | 0.8 | 0.7 | 396.9 | 170.5 | 990.9 | 257 | 186.5 | 331.2 | 499.8 | 469.0 |
| Total Assets | 15,054.9 | 14,868.6 | 14,715.0 | 13,400.8 | 13,042.9 | 13,219.0 | 6,722.6 | 6,685.0 | 6,550.4 | 6,669.2 | 6,652.2 |
| Total Debt | 7,157.5 | 6,904.3 | 6,288.2 | 4,966.7 | 0 | 5,127.9 | 2,914.5 | 2,961.2 | 2,878.8 | 2,954.9 | 2,947.3 |
| Stockholders' Equity | 7,539.9 | 7,605.5 | 8,041.6 | 8,055.2 | 7,985.4 | 7,946.7 | 3,625.2 | 3,575.5 | 3,510.4 | 3,565.0 | 3,530.0 |
| Cash Flow | |||||||||||
| Operating Cash Flow | (452.6) | (61.4) | 51.5 | 159.8 | (410.2) | 542.2 | 161.7 | (153.6) | (23.0) | 79.0 | 74.2 |
| Capital Expenditure | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Free Cash Flow | (452.6) | (61.4) | 51.5 | 159.8 | (410.2) | 542.2 | 161.7 | (153.6) | (23.0) | 79.0 | 74.2 |