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Side-by-side financial comparison of DigitalBridge Group, Inc. (DBRG) and BLUE OWL CAPITAL INC. (OWL). Click either name above to swap in a different company.

BLUE OWL CAPITAL INC. is the larger business by last-quarter revenue ($755.6M vs $105.7M, roughly 7.1× DigitalBridge Group, Inc.). DigitalBridge Group, Inc. runs the higher net margin — 61.5% vs 6.3%, a 55.2% gap on every dollar of revenue. On growth, BLUE OWL CAPITAL INC. posted the faster year-over-year revenue change (19.7% vs 4.1%). BLUE OWL CAPITAL INC. produced more free cash flow last quarter ($359.1M vs $258.0M). Over the past eight quarters, BLUE OWL CAPITAL INC.'s revenue compounded faster (21.3% CAGR vs 19.2%).

DigitalBridge Group, Inc. is a global digital infrastructure investment firm. The company owns, invests in and operates businesses such as cell towers, data centers, fiber, small cells, and edge infrastructure. Headquartered in Boca Raton, DigitalBridge has offices in Los Angeles, New York, Denver, London, and Singapore. As of June 2025, DigitalBridge had US$106 billion of assets under management.

Blue Owl Capital Inc. is an American alternative investment asset management company that is listed on the New York Stock Exchange under the ticker symbol: "OWL". Headquartered in New York City, it has additional offices around the world, including London, Dubai, and Hong Kong.

DBRG vs OWL — Head-to-Head

Bigger by revenue
OWL
OWL
7.1× larger
OWL
$755.6M
$105.7M
DBRG
Growing faster (revenue YoY)
OWL
OWL
+15.5% gap
OWL
19.7%
4.1%
DBRG
Higher net margin
DBRG
DBRG
55.2% more per $
DBRG
61.5%
6.3%
OWL
More free cash flow
OWL
OWL
$101.1M more FCF
OWL
$359.1M
$258.0M
DBRG
Faster 2-yr revenue CAGR
OWL
OWL
Annualised
OWL
21.3%
19.2%
DBRG

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
DBRG
DBRG
OWL
OWL
Revenue
$105.7M
$755.6M
Net Profit
$65.1M
$47.7M
Gross Margin
Operating Margin
22.2%
Net Margin
61.5%
6.3%
Revenue YoY
4.1%
19.7%
Net Profit YoY
129.8%
EPS (diluted)
$0.28
$0.07

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
DBRG
DBRG
OWL
OWL
Q4 25
$105.7M
$755.6M
Q3 25
$93.3M
$728.0M
Q2 25
$85.3M
$703.1M
Q1 25
$90.1M
$683.5M
Q4 24
$101.6M
$631.4M
Q3 24
$76.6M
$600.9M
Q2 24
$390.3M
$549.8M
Q1 24
$74.4M
$513.3M
Net Profit
DBRG
DBRG
OWL
OWL
Q4 25
$65.1M
$47.7M
Q3 25
$31.4M
$6.3M
Q2 25
$31.6M
$17.4M
Q1 25
$13.8M
$7.4M
Q4 24
$20.7M
Q3 24
$13.8M
$29.8M
Q2 24
$91.4M
$33.9M
Q1 24
$-29.6M
$25.1M
Operating Margin
DBRG
DBRG
OWL
OWL
Q4 25
22.2%
Q3 25
-13.9%
7.6%
Q2 25
-31.2%
12.0%
Q1 25
-11.5%
5.9%
Q4 24
5.7%
11.7%
Q3 24
62.4%
18.7%
Q2 24
33.5%
28.4%
Q1 24
-20.7%
24.7%
Net Margin
DBRG
DBRG
OWL
OWL
Q4 25
61.5%
6.3%
Q3 25
33.7%
0.9%
Q2 25
37.1%
2.5%
Q1 25
15.3%
1.1%
Q4 24
3.3%
Q3 24
18.0%
5.0%
Q2 24
23.4%
6.2%
Q1 24
-39.8%
4.9%
EPS (diluted)
DBRG
DBRG
OWL
OWL
Q4 25
$0.28
$0.07
Q3 25
$0.09
$0.01
Q2 25
$0.10
$0.02
Q1 25
$-0.01
$0.00
Q4 24
$0.06
Q3 24
$-0.01
$0.04
Q2 24
$0.44
$0.06
Q1 24
$-0.28
$0.04

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
DBRG
DBRG
OWL
OWL
Cash + ST InvestmentsLiquidity on hand
$382.5M
$194.5M
Total DebtLower is stronger
$298.8M
$3.3B
Stockholders' EquityBook value
$2.1B
$2.2B
Total Assets
$3.4B
$12.5B
Debt / EquityLower = less leverage
0.14×
1.51×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DBRG
DBRG
OWL
OWL
Q4 25
$382.5M
$194.5M
Q3 25
$358.4M
$137.3M
Q2 25
$340.7M
$117.6M
Q1 25
$349.9M
$97.6M
Q4 24
$302.2M
$152.1M
Q3 24
$294.4M
$115.9M
Q2 24
$261.2M
$436.8M
Q1 24
$247.4M
$155.8M
Total Debt
DBRG
DBRG
OWL
OWL
Q4 25
$298.8M
$3.3B
Q3 25
$327.9M
$3.2B
Q2 25
$298.0M
$3.2B
Q1 25
$296.9M
$3.2B
Q4 24
$296.4M
$2.6B
Q3 24
$295.8M
$2.5B
Q2 24
$295.3M
$2.5B
Q1 24
$366.5M
$2.1B
Stockholders' Equity
DBRG
DBRG
OWL
OWL
Q4 25
$2.1B
$2.2B
Q3 25
$2.1B
$2.3B
Q2 25
$2.0B
$2.4B
Q1 25
$2.0B
$2.3B
Q4 24
$2.0B
$2.1B
Q3 24
$2.0B
$2.0B
Q2 24
$2.0B
$1.7B
Q1 24
$1.8B
$1.6B
Total Assets
DBRG
DBRG
OWL
OWL
Q4 25
$3.4B
$12.5B
Q3 25
$3.5B
$12.5B
Q2 25
$3.4B
$12.3B
Q1 25
$3.4B
$12.3B
Q4 24
$3.5B
$11.0B
Q3 24
$3.5B
$10.8B
Q2 24
$3.5B
$9.7B
Q1 24
$3.5B
$9.0B
Debt / Equity
DBRG
DBRG
OWL
OWL
Q4 25
0.14×
1.51×
Q3 25
0.16×
1.41×
Q2 25
0.15×
1.38×
Q1 25
0.15×
1.37×
Q4 24
0.15×
1.22×
Q3 24
0.15×
1.27×
Q2 24
0.15×
1.41×
Q1 24
0.20×
1.26×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
DBRG
DBRG
OWL
OWL
Operating Cash FlowLast quarter
$259.3M
$382.9M
Free Cash FlowOCF − Capex
$258.0M
$359.1M
FCF MarginFCF / Revenue
244.0%
47.5%
Capex IntensityCapex / Revenue
1.3%
3.1%
Cash ConversionOCF / Net Profit
3.99×
8.03×
TTM Free Cash FlowTrailing 4 quarters
$440.5M
$1.2B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DBRG
DBRG
OWL
OWL
Q4 25
$259.3M
$382.9M
Q3 25
$56.5M
$433.1M
Q2 25
$77.0M
$422.5M
Q1 25
$50.3M
$17.6M
Q4 24
$60.1M
$324.0M
Q3 24
$35.9M
$326.0M
Q2 24
$22.5M
$302.3M
Q1 24
$-27.0M
$47.2M
Free Cash Flow
DBRG
DBRG
OWL
OWL
Q4 25
$258.0M
$359.1M
Q3 25
$56.1M
$422.5M
Q2 25
$76.4M
$412.5M
Q1 25
$50.0M
$4.2M
Q4 24
$56.5M
$310.1M
Q3 24
$314.8M
Q2 24
$22.3M
$269.4M
Q1 24
$-30.1M
$41.1M
FCF Margin
DBRG
DBRG
OWL
OWL
Q4 25
244.0%
47.5%
Q3 25
60.2%
58.0%
Q2 25
89.5%
58.7%
Q1 25
55.5%
0.6%
Q4 24
55.7%
49.1%
Q3 24
52.4%
Q2 24
5.7%
49.0%
Q1 24
-40.4%
8.0%
Capex Intensity
DBRG
DBRG
OWL
OWL
Q4 25
1.3%
3.1%
Q3 25
0.4%
1.5%
Q2 25
0.7%
1.4%
Q1 25
0.3%
2.0%
Q4 24
3.5%
2.2%
Q3 24
0.0%
1.9%
Q2 24
0.1%
6.0%
Q1 24
4.1%
1.2%
Cash Conversion
DBRG
DBRG
OWL
OWL
Q4 25
3.99×
8.03×
Q3 25
1.80×
68.64×
Q2 25
2.43×
24.25×
Q1 25
3.65×
2.37×
Q4 24
15.62×
Q3 24
2.61×
10.94×
Q2 24
0.25×
8.91×
Q1 24
1.88×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

DBRG
DBRG

Segment breakdown not available.

OWL
OWL

Credit Platform$455.0M60%
GP Strategic Capital Platform$157.0M21%
Administrative Service$87.6M12%
IPI Partners LLC$33.8M4%
Other$22.2M3%

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