vs

Side-by-side financial comparison of BLUE OWL CAPITAL INC. (OWL) and BOSTON BEER CO INC (SAM). 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 $461.6M, roughly 1.6× BOSTON BEER CO INC). On growth, BLUE OWL CAPITAL INC. posted the faster year-over-year revenue change (19.7% vs -4.1%). Over the past eight quarters, BLUE OWL CAPITAL INC.'s revenue compounded faster (21.3% CAGR vs -10.7%).

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.

The Boston Beer Company is an American brewery founded in 1984 by James "Jim" Koch and Rhonda Kallman. Boston Beer Company's first brand of beer was named Samuel Adams after Founding Father Samuel Adams, an American revolutionary patriot. Since its founding, Boston Beer has started several other brands, and in 2019 completed a merger with Dogfish Head Brewery.

OWL vs SAM — Head-to-Head

Bigger by revenue
OWL
OWL
1.6× larger
OWL
$755.6M
$461.6M
SAM
Growing faster (revenue YoY)
OWL
OWL
+23.8% gap
OWL
19.7%
-4.1%
SAM
Faster 2-yr revenue CAGR
OWL
OWL
Annualised
OWL
21.3%
-10.7%
SAM

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
OWL
OWL
SAM
SAM
Revenue
$755.6M
$461.6M
Net Profit
$47.7M
Gross Margin
46.4%
Operating Margin
22.2%
12.4%
Net Margin
6.3%
Revenue YoY
19.7%
-4.1%
Net Profit YoY
129.8%
EPS (diluted)
$0.07
$2.16

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
OWL
OWL
SAM
SAM
Q1 26
$461.6M
Q4 25
$755.6M
$385.7M
Q3 25
$728.0M
$537.5M
Q2 25
$703.1M
$587.9M
Q1 25
$683.5M
$453.9M
Q4 24
$631.4M
$402.3M
Q3 24
$600.9M
$605.5M
Q2 24
$549.8M
$579.1M
Net Profit
OWL
OWL
SAM
SAM
Q1 26
Q4 25
$47.7M
$-22.5M
Q3 25
$6.3M
$46.2M
Q2 25
$17.4M
$60.4M
Q1 25
$7.4M
$24.4M
Q4 24
$20.7M
$-38.8M
Q3 24
$29.8M
$33.5M
Q2 24
$33.9M
$52.3M
Gross Margin
OWL
OWL
SAM
SAM
Q1 26
46.4%
Q4 25
43.5%
Q3 25
50.8%
Q2 25
49.8%
Q1 25
48.3%
Q4 24
39.9%
Q3 24
46.3%
Q2 24
46.0%
Operating Margin
OWL
OWL
SAM
SAM
Q1 26
12.4%
Q4 25
22.2%
-8.6%
Q3 25
7.6%
11.5%
Q2 25
12.0%
14.0%
Q1 25
5.9%
7.4%
Q4 24
11.7%
-13.9%
Q3 24
18.7%
7.6%
Q2 24
28.4%
12.2%
Net Margin
OWL
OWL
SAM
SAM
Q1 26
Q4 25
6.3%
-5.8%
Q3 25
0.9%
8.6%
Q2 25
2.5%
10.3%
Q1 25
1.1%
5.4%
Q4 24
3.3%
-9.6%
Q3 24
5.0%
5.5%
Q2 24
6.2%
9.0%
EPS (diluted)
OWL
OWL
SAM
SAM
Q1 26
$2.16
Q4 25
$0.07
$-1.97
Q3 25
$0.01
$4.25
Q2 25
$0.02
$5.45
Q1 25
$0.00
$2.16
Q4 24
$0.06
$-3.23
Q3 24
$0.04
$2.86
Q2 24
$0.06
$4.39

Balance Sheet & Financial Strength

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

Metric
OWL
OWL
SAM
SAM
Cash + ST InvestmentsLiquidity on hand
$194.5M
$164.1M
Total DebtLower is stronger
$3.3B
Stockholders' EquityBook value
$2.2B
$682.6M
Total Assets
$12.5B
$1.2B
Debt / EquityLower = less leverage
1.51×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
OWL
OWL
SAM
SAM
Q1 26
$164.1M
Q4 25
$194.5M
$223.4M
Q3 25
$137.3M
$250.5M
Q2 25
$117.6M
$212.4M
Q1 25
$97.6M
$152.5M
Q4 24
$152.1M
$211.8M
Q3 24
$115.9M
$255.6M
Q2 24
$436.8M
$219.3M
Total Debt
OWL
OWL
SAM
SAM
Q1 26
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
Stockholders' Equity
OWL
OWL
SAM
SAM
Q1 26
$682.6M
Q4 25
$2.2B
$846.3M
Q3 25
$2.3B
$911.0M
Q2 25
$2.4B
$912.3M
Q1 25
$2.3B
$897.0M
Q4 24
$2.1B
$916.2M
Q3 24
$2.0B
$1.0B
Q2 24
$1.7B
$1.0B
Total Assets
OWL
OWL
SAM
SAM
Q1 26
$1.2B
Q4 25
$12.5B
$1.2B
Q3 25
$12.5B
$1.2B
Q2 25
$12.3B
$1.3B
Q1 25
$12.3B
$1.2B
Q4 24
$11.0B
$1.3B
Q3 24
$10.8B
$1.4B
Q2 24
$9.7B
$1.4B
Debt / Equity
OWL
OWL
SAM
SAM
Q1 26
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×

Cash Flow & Capital Efficiency

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

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

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
OWL
OWL
SAM
SAM
Q1 26
Q4 25
$382.9M
$39.9M
Q3 25
$433.1M
$101.8M
Q2 25
$422.5M
$126.5M
Q1 25
$17.6M
$1.9M
Q4 24
$324.0M
$41.9M
Q3 24
$326.0M
$115.9M
Q2 24
$302.3M
$96.0M
Free Cash Flow
OWL
OWL
SAM
SAM
Q1 26
Q4 25
$359.1M
$22.1M
Q3 25
$422.5M
$89.2M
Q2 25
$412.5M
$112.2M
Q1 25
$4.2M
$-8.0M
Q4 24
$310.1M
$18.4M
Q3 24
$314.8M
$99.2M
Q2 24
$269.4M
$75.6M
FCF Margin
OWL
OWL
SAM
SAM
Q1 26
Q4 25
47.5%
5.7%
Q3 25
58.0%
16.6%
Q2 25
58.7%
19.1%
Q1 25
0.6%
-1.8%
Q4 24
49.1%
4.6%
Q3 24
52.4%
16.4%
Q2 24
49.0%
13.1%
Capex Intensity
OWL
OWL
SAM
SAM
Q1 26
Q4 25
3.1%
4.6%
Q3 25
1.5%
2.3%
Q2 25
1.4%
2.4%
Q1 25
2.0%
2.2%
Q4 24
2.2%
5.8%
Q3 24
1.9%
2.8%
Q2 24
6.0%
3.5%
Cash Conversion
OWL
OWL
SAM
SAM
Q1 26
Q4 25
8.03×
Q3 25
68.64×
2.21×
Q2 25
24.25×
2.09×
Q1 25
2.37×
0.08×
Q4 24
15.62×
Q3 24
10.94×
3.46×
Q2 24
8.91×
1.83×

Financial Flow Comparison

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

Revenue Breakdown by Segment

OWL
OWL

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

SAM
SAM

Segment breakdown not available.

Related Comparisons