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Income Statement
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BLUE OWL CAPITAL INC.

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
 
In millions, except per share itemsDec-31-22Dec-31-21Dec-31-20Dec-31-19Dec-31-18
   10-K10-K10-K10-KS-1
Revenues:  
    Real Estate Products  99.3    
    Realized performance income  12.25.9194.9124.0 
    Direct Lending Products  752.0571.0249.8190.9 
    Administrative, transaction and other fees  145.9150.054.966.9 
    Other  360.396.9   
Total revenues  1,369.7823.9249.8190.9121.2
            Revenue growth   [+]66.3%229.8%30.9%57.4% 
Cost of goods sold  894.71,497.0240.7111.859.5
Gross profit  475.0-673.19.179.161.8
            Gross margin  34.7%-81.7%3.6%41.4%50.9%
Selling, general and administrative   [+]220.6140.367.851.763.4
Other operating expenses  -90.334.0-23.8-6.7 
EBITDA   [+]347.1-846.7-34.234.9-1.3
            EBITDA margin  25.3%-102.8%-13.7%18.3%-1.1%
Depreciation  2.30.70.70.80.3
EBITA  344.8-847.4-34.934.0-1.6
            EBITA margin  25.2%-102.9%-14.0%17.8%-1.4%
Amortization of intangibles  256.9113.9   
EBIT   [+]87.9-961.3-34.934.0-1.6
            EBIT margin  6.4%-116.7%-14.0%17.8%-1.4%
Interest expense  55.727.323.86.71.1
Other income (expense), net   [+]-81.8-878.9-23.8-6.7 
Pre-tax income  -49.6-1,867.5-82.520.7-2.8
Income taxes  -9.4-65.2-0.10.2-0.2
            Tax rate  18.9%3.5%0.1%1.2%6.5%
Minority interest  -30.9-1,426.1-4.6-2.5-4.6
Net income  -9.3-376.2-77.823.02.0
            Net margin  -0.7%-45.7%-31.2%12.0%1.7%
   
Basic EPS  ($0.02)    
Diluted EPS  ($0.02)    
   
Dividends per share   [+]$0.43$0.13   
   
Shares outstanding (basic)  433.4    
Shares outstanding (diluted)  433.4    
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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