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Financial statements

Blue Owl Technology Finance Corp. financial statements

Income statement, balance sheet and cash flow statement for the last 5 fiscal years, taken from the XBRL data Blue Owl Technology Finance Corp. files with the SEC in its annual reports.

In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

FY2021FY2023FY2023FY2024FY2025
Interest expense93.8137196193321
Net income42519369319720
EPS, basic3.050.091.801.52
EPS, diluted3.050.091.801.52
Shares, basic (weighted)139201205210409
Shares, diluted (weighted)139201205210409

Balance sheet

FY2021FY2023FY2023FY2024FY2025
Cash and equivalents107203469257283
Total assets6,6636,6526,72314,715
Total liabilities3,2763,1223,0976,673
Total debt3,1582,9472,9156,288
Paid-in capital3,2163,2813,3527,574
Retained earnings169247271463
Shareholders' equity3,5323,3873,5303,6258,042
Total equity3,5323,3873,5303,6258,042
Total liabilities and equity6,6636,6526,72314,715
Shares outstanding200203207212464

Cash flow statement

FY2021FY2023FY2023FY2024FY2025
Net income42519369319720
Cash from operations-2,619-29570864.2-916
Debt issued3,8041,4429023484,004
Debt repaid-2,775-903-1,124-382-2,568
Stock issued1,70400
Share buybacks00-73.4
Dividends paid-83.3-136-209-230-394
Cash from financing2,644392-443-276942
Net change in cash24.896.3266-21225.9
Interest paid75.5120173189305

Key metrics

Worked out from the statements above. Latest values use the trailing twelve months to June 30, 2026; growth uses fiscal years. Valuation uses the share price of $10.31 on September 25, 2026.

Profitability

MetricValueHow it is calculated
Return on equity (ROE)5.0%Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)2.5%Net income / average total assets.

Growth

MetricValueHow it is calculated
Net income growth, 1y125.7%Net income vs the same period a year earlier. Only from a positive base.
Net income CAGR, 3y236.0%Compound annual growth of net income over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Operating cash flow growth, 1y-1,528.0%Operating cash flow vs the same period a year earlier. Only from a positive base.
Book value growth, 1y121.8%Book value vs the same period a year earlier. Only from a positive base.
Book value CAGR, 3y33.4%Compound annual growth of book value over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets growth, 1y118.9%Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y30.2%Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Share count change, 1y95.2%Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y26.7%Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.

Balance sheet health

MetricValueHow it is calculated
Debt / equity0.95xTotal debt / shareholders' equity. Not shown when equity is negative.
Debt / assets47.5%Total debt / total assets.
Liabilities / assets49.9%Total liabilities / total assets.
Net debt$6.94BTotal debt - cash - short-term investments. Negative means more cash than debt.
Tangible book value$7.54BShareholders' equity - goodwill - intangible assets.

Per share

MetricValueHow it is calculated
EPS, diluted$0.81Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
Operating cash flow per share-$3.39Cash from operations / diluted weighted shares.
Book value per share$16.48Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share$16.48Tangible book value / shares outstanding.
Cash per share$0.47(Cash + short-term investments) / shares outstanding.
Payout ratio165.7%Dividends paid / net income, when net income is positive.

Valuation

MetricValueHow it is calculated
Market cap$4.72BShare price x shares outstanding.
Enterprise value$11.67BMarket cap + total debt - cash - short-term investments.
P/E12.6xMarket cap / net income. Only when net income is positive.
P/B0.63xMarket cap / shareholders' equity. Only when equity is positive.
Price / tangible book0.63xMarket cap / tangible book value, when positive.
Earnings yield7.9%Net income / market cap (the inverse of P/E).
Dividend yield13.2%Dividends paid over the period / market cap.
Shareholder yield16.9%(Dividends paid + share buybacks) / market cap.
Was Blue Owl Technology Finance Corp. profitable in fiscal 2025?

Yes. Net income was $720.4M, a net margin of -.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

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