vs
Side-by-side financial comparison of BLUE OWL CAPITAL INC. (OWL) and RH (RH). Click either name above to swap in a different company.
RH is the larger business by last-quarter revenue ($883.8M vs $755.6M, roughly 1.2× BLUE OWL CAPITAL INC.). BLUE OWL CAPITAL INC. runs the higher net margin — 6.3% vs 4.1%, a 2.2% gap on every dollar of revenue. On growth, BLUE OWL CAPITAL INC. posted the faster year-over-year revenue change (19.7% vs 8.9%). BLUE OWL CAPITAL INC. produced more free cash flow last quarter ($359.1M vs $83.0M). Over the past eight quarters, BLUE OWL CAPITAL INC.'s revenue compounded faster (21.3% CAGR vs 9.4%).
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.
RH is an upscale American home-furnishings company headquartered in Corte Madera, California. The company sells its merchandise through its retail stores, catalog, and online. As of August 2018, the company operated a total of 70 galleries, 18 full-line design galleries, and 3 baby-and-child galleries. The company also has 36 outlet stores in the United States and Canada.
OWL vs RH — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $755.6M | $883.8M |
| Net Profit | $47.7M | $36.3M |
| Gross Margin | — | 44.1% |
| Operating Margin | 22.2% | 12.0% |
| Net Margin | 6.3% | 4.1% |
| Revenue YoY | 19.7% | 8.9% |
| Net Profit YoY | 129.8% | 9.3% |
| EPS (diluted) | $0.07 | $1.83 |
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.
| Q4 25 | $755.6M | $883.8M | ||
| Q3 25 | $728.0M | $899.2M | ||
| Q2 25 | $703.1M | $814.0M | ||
| Q1 25 | $683.5M | $812.4M | ||
| Q4 24 | $631.4M | $811.7M | ||
| Q3 24 | $600.9M | $829.7M | ||
| Q2 24 | $549.8M | $727.0M | ||
| Q1 24 | $513.3M | $738.3M |
| Q4 25 | $47.7M | $36.3M | ||
| Q3 25 | $6.3M | $51.7M | ||
| Q2 25 | $17.4M | $8.0M | ||
| Q1 25 | $7.4M | $13.9M | ||
| Q4 24 | $20.7M | $33.2M | ||
| Q3 24 | $29.8M | $29.0M | ||
| Q2 24 | $33.9M | $-3.6M | ||
| Q1 24 | $25.1M | $11.4M |
| Q4 25 | — | 44.1% | ||
| Q3 25 | — | 45.5% | ||
| Q2 25 | — | 43.7% | ||
| Q1 25 | — | 44.7% | ||
| Q4 24 | — | 44.5% | ||
| Q3 24 | — | 45.2% | ||
| Q2 24 | — | 43.5% | ||
| Q1 24 | — | 43.5% |
| Q4 25 | 22.2% | 12.0% | ||
| Q3 25 | 7.6% | 14.3% | ||
| Q2 25 | 12.0% | 6.9% | ||
| Q1 25 | 5.9% | 8.7% | ||
| Q4 24 | 11.7% | 12.5% | ||
| Q3 24 | 18.7% | 11.6% | ||
| Q2 24 | 28.4% | 7.5% | ||
| Q1 24 | 24.7% | 8.7% |
| Q4 25 | 6.3% | 4.1% | ||
| Q3 25 | 0.9% | 5.8% | ||
| Q2 25 | 2.5% | 1.0% | ||
| Q1 25 | 1.1% | 1.7% | ||
| Q4 24 | 3.3% | 4.1% | ||
| Q3 24 | 5.0% | 3.5% | ||
| Q2 24 | 6.2% | -0.5% | ||
| Q1 24 | 4.9% | 1.5% |
| Q4 25 | $0.07 | $1.83 | ||
| Q3 25 | $0.01 | $2.62 | ||
| Q2 25 | $0.02 | $0.40 | ||
| Q1 25 | $0.00 | $0.71 | ||
| Q4 24 | $0.06 | $1.66 | ||
| Q3 24 | $0.04 | $1.45 | ||
| Q2 24 | $0.06 | $-0.20 | ||
| Q1 24 | $0.04 | $0.91 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $194.5M | $43.1M |
| Total DebtLower is stronger | $3.3B | — |
| Stockholders' EquityBook value | $2.2B | $3.3M |
| Total Assets | $12.5B | $4.8B |
| Debt / EquityLower = less leverage | 1.51× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $194.5M | $43.1M | ||
| Q3 25 | $137.3M | $34.6M | ||
| Q2 25 | $117.6M | $46.1M | ||
| Q1 25 | $97.6M | $30.4M | ||
| Q4 24 | $152.1M | $87.0M | ||
| Q3 24 | $115.9M | $78.3M | ||
| Q2 24 | $436.8M | $101.8M | ||
| Q1 24 | $155.8M | $123.7M |
| Q4 25 | $3.3B | — | ||
| Q3 25 | $3.2B | — | ||
| Q2 25 | $3.2B | — | ||
| Q1 25 | $3.2B | — | ||
| Q4 24 | $2.6B | — | ||
| Q3 24 | $2.5B | — | ||
| Q2 24 | $2.5B | — | ||
| Q1 24 | $2.1B | — |
| Q4 25 | $2.2B | $3.3M | ||
| Q3 25 | $2.3B | $-40.9M | ||
| Q2 25 | $2.4B | $-110.8M | ||
| Q1 25 | $2.3B | $-163.6M | ||
| Q4 24 | $2.1B | $-183.0M | ||
| Q3 24 | $2.0B | $-234.7M | ||
| Q2 24 | $1.7B | $-289.9M | ||
| Q1 24 | $1.6B | $-297.4M |
| Q4 25 | $12.5B | $4.8B | ||
| Q3 25 | $12.5B | $4.7B | ||
| Q2 25 | $12.3B | $4.7B | ||
| Q1 25 | $12.3B | $4.6B | ||
| Q4 24 | $11.0B | $4.5B | ||
| Q3 24 | $10.8B | $4.4B | ||
| Q2 24 | $9.7B | $4.2B | ||
| Q1 24 | $9.0B | $4.1B |
| Q4 25 | 1.51× | — | ||
| Q3 25 | 1.41× | — | ||
| Q2 25 | 1.38× | — | ||
| Q1 25 | 1.37× | — | ||
| Q4 24 | 1.22× | — | ||
| Q3 24 | 1.27× | — | ||
| Q2 24 | 1.41× | — | ||
| Q1 24 | 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $382.9M | $131.9M |
| Free Cash FlowOCF − Capex | $359.1M | $83.0M |
| FCF MarginFCF / Revenue | 47.5% | 9.4% |
| Capex IntensityCapex / Revenue | 3.1% | 5.5% |
| Cash ConversionOCF / Net Profit | 8.03× | 3.64× |
| TTM Free Cash FlowTrailing 4 quarters | $1.2B | $128.1M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $382.9M | $131.9M | ||
| Q3 25 | $433.1M | $137.7M | ||
| Q2 25 | $422.5M | $86.6M | ||
| Q1 25 | $17.6M | $-18.8M | ||
| Q4 24 | $324.0M | $-31.4M | ||
| Q3 24 | $326.0M | $11.2M | ||
| Q2 24 | $302.3M | $56.1M | ||
| Q1 24 | $47.2M | $-114.0M |
| Q4 25 | $359.1M | $83.0M | ||
| Q3 25 | $422.5M | $80.7M | ||
| Q2 25 | $412.5M | $34.1M | ||
| Q1 25 | $4.2M | $-69.7M | ||
| Q4 24 | $310.1M | $-96.0M | ||
| Q3 24 | $314.8M | $-37.9M | ||
| Q2 24 | $269.4M | $-10.1M | ||
| Q1 24 | $41.1M | $-251.5M |
| Q4 25 | 47.5% | 9.4% | ||
| Q3 25 | 58.0% | 9.0% | ||
| Q2 25 | 58.7% | 4.2% | ||
| Q1 25 | 0.6% | -8.6% | ||
| Q4 24 | 49.1% | -11.8% | ||
| Q3 24 | 52.4% | -4.6% | ||
| Q2 24 | 49.0% | -1.4% | ||
| Q1 24 | 8.0% | -34.1% |
| Q4 25 | 3.1% | 5.5% | ||
| Q3 25 | 1.5% | 6.3% | ||
| Q2 25 | 1.4% | 6.5% | ||
| Q1 25 | 2.0% | 6.3% | ||
| Q4 24 | 2.2% | 8.0% | ||
| Q3 24 | 1.9% | 5.9% | ||
| Q2 24 | 6.0% | 9.1% | ||
| Q1 24 | 1.2% | 18.6% |
| Q4 25 | 8.03× | 3.64× | ||
| Q3 25 | 68.64× | 2.66× | ||
| Q2 25 | 24.25× | 10.78× | ||
| Q1 25 | 2.37× | -1.35× | ||
| Q4 24 | 15.62× | -0.95× | ||
| Q3 24 | 10.94× | 0.39× | ||
| Q2 24 | 8.91× | — | ||
| Q1 24 | 1.88× | -10.01× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
OWL
| Credit Platform | $455.0M | 60% |
| GP Strategic Capital Platform | $157.0M | 21% |
| Administrative Service | $87.6M | 12% |
| IPI Partners LLC | $33.8M | 4% |
| Other | $22.2M | 3% |
RH
| RH Segment | $835.8M | 95% |
| Waterworks Segment | $48.0M | 5% |
| Gift Card And Merchandise Credit | $4.5M | 1% |
