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Side-by-side financial comparison of BLUE OWL CAPITAL INC. (OWL) and Sinclair, Inc. (SBGI). Click either name above to swap in a different company.
Sinclair, Inc. is the larger business by last-quarter revenue ($836.0M vs $755.6M, roughly 1.1× BLUE OWL CAPITAL INC.). Sinclair, Inc. runs the higher net margin — 13.0% vs 6.3%, a 6.7% gap on every dollar of revenue. On growth, BLUE OWL CAPITAL INC. posted the faster year-over-year revenue change (19.7% vs -16.7%). BLUE OWL CAPITAL INC. produced more free cash flow last quarter ($359.1M vs $79.0M). Over the past eight quarters, BLUE OWL CAPITAL INC.'s revenue compounded faster (21.3% CAGR vs 2.4%).
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.
Sinclair, Inc., doing business as Sinclair Broadcast Group, is a publicly traded American telecommunications conglomerate that is controlled by the descendants of company founder Julian Sinclair Smith. Headquartered in the Baltimore suburb of Cockeysville, Maryland, the company is the second-largest television station operator in the United States by number of stations after Nexstar Media Group, owning or operating 193 stations across the country in over 100 markets, covering 40% of American ...
OWL vs SBGI — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $755.6M | $836.0M |
| Net Profit | $47.7M | $109.0M |
| Gross Margin | — | — |
| Operating Margin | 22.2% | 9.6% |
| Net Margin | 6.3% | 13.0% |
| Revenue YoY | 19.7% | -16.7% |
| Net Profit YoY | 129.8% | -38.1% |
| EPS (diluted) | $0.07 | $1.62 |
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 | $836.0M | ||
| Q3 25 | $728.0M | $773.0M | ||
| Q2 25 | $703.1M | $784.0M | ||
| Q1 25 | $683.5M | $776.0M | ||
| Q4 24 | $631.4M | $1.0B | ||
| Q3 24 | $600.9M | $917.0M | ||
| Q2 24 | $549.8M | $829.0M | ||
| Q1 24 | $513.3M | $798.0M |
| Q4 25 | $47.7M | $109.0M | ||
| Q3 25 | $6.3M | $-1.0M | ||
| Q2 25 | $17.4M | $-64.0M | ||
| Q1 25 | $7.4M | $-156.0M | ||
| Q4 24 | $20.7M | $176.0M | ||
| Q3 24 | $29.8M | $94.0M | ||
| Q2 24 | $33.9M | $17.0M | ||
| Q1 24 | $25.1M | $23.0M |
| Q4 25 | 22.2% | 9.6% | ||
| Q3 25 | 7.6% | 7.5% | ||
| Q2 25 | 12.0% | 2.7% | ||
| Q1 25 | 5.9% | 1.8% | ||
| Q4 24 | 11.7% | 26.5% | ||
| Q3 24 | 18.7% | 19.5% | ||
| Q2 24 | 28.4% | 7.7% | ||
| Q1 24 | 24.7% | 5.3% |
| Q4 25 | 6.3% | 13.0% | ||
| Q3 25 | 0.9% | -0.1% | ||
| Q2 25 | 2.5% | -8.2% | ||
| Q1 25 | 1.1% | -20.1% | ||
| Q4 24 | 3.3% | 17.5% | ||
| Q3 24 | 5.0% | 10.3% | ||
| Q2 24 | 6.2% | 2.1% | ||
| Q1 24 | 4.9% | 2.9% |
| Q4 25 | $0.07 | $1.62 | ||
| Q3 25 | $0.01 | $-0.02 | ||
| Q2 25 | $0.02 | $-0.91 | ||
| Q1 25 | $0.00 | $-2.30 | ||
| Q4 24 | $0.06 | $2.64 | ||
| Q3 24 | $0.04 | $1.43 | ||
| Q2 24 | $0.06 | $0.27 | ||
| Q1 24 | $0.04 | $0.35 |
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 | $866.0M |
| Total DebtLower is stronger | $3.3B | $4.4B |
| Stockholders' EquityBook value | $2.2B | $443.0M |
| Total Assets | $12.5B | $5.9B |
| Debt / EquityLower = less leverage | 1.51× | 9.84× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $194.5M | $866.0M | ||
| Q3 25 | $137.3M | $526.0M | ||
| Q2 25 | $117.6M | $616.0M | ||
| Q1 25 | $97.6M | $631.0M | ||
| Q4 24 | $152.1M | $697.0M | ||
| Q3 24 | $115.9M | $536.0M | ||
| Q2 24 | $436.8M | $378.0M | ||
| Q1 24 | $155.8M | $655.0M |
| Q4 25 | $3.3B | $4.4B | ||
| Q3 25 | $3.2B | $4.1B | ||
| Q2 25 | $3.2B | $4.1B | ||
| Q1 25 | $3.2B | $4.2B | ||
| Q4 24 | $2.6B | $4.1B | ||
| Q3 24 | $2.5B | $4.1B | ||
| Q2 24 | $2.5B | $4.1B | ||
| Q1 24 | $2.1B | $4.1B |
| Q4 25 | $2.2B | $443.0M | ||
| Q3 25 | $2.3B | $347.0M | ||
| Q2 25 | $2.4B | $361.0M | ||
| Q1 25 | $2.3B | $436.0M | ||
| Q4 24 | $2.1B | $583.0M | ||
| Q3 24 | $2.0B | $415.0M | ||
| Q2 24 | $1.7B | $340.0M | ||
| Q1 24 | $1.6B | $333.0M |
| Q4 25 | $12.5B | $5.9B | ||
| Q3 25 | $12.5B | $5.6B | ||
| Q2 25 | $12.3B | $5.7B | ||
| Q1 25 | $12.3B | $5.8B | ||
| Q4 24 | $11.0B | $5.9B | ||
| Q3 24 | $10.8B | $5.8B | ||
| Q2 24 | $9.7B | $5.7B | ||
| Q1 24 | $9.0B | $6.0B |
| Q4 25 | 1.51× | 9.84× | ||
| Q3 25 | 1.41× | 11.75× | ||
| Q2 25 | 1.38× | 11.30× | ||
| Q1 25 | 1.37× | 9.56× | ||
| Q4 24 | 1.22× | 7.02× | ||
| Q3 24 | 1.27× | 9.86× | ||
| Q2 24 | 1.41× | 12.08× | ||
| Q1 24 | 1.26× | 12.35× |
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 | $98.0M |
| Free Cash FlowOCF − Capex | $359.1M | $79.0M |
| FCF MarginFCF / Revenue | 47.5% | 9.4% |
| Capex IntensityCapex / Revenue | 3.1% | 2.3% |
| Cash ConversionOCF / Net Profit | 8.03× | 0.90× |
| TTM Free Cash FlowTrailing 4 quarters | $1.2B | $115.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $382.9M | $98.0M | ||
| Q3 25 | $433.1M | $-36.0M | ||
| Q2 25 | $422.5M | $122.0M | ||
| Q1 25 | $17.6M | $5.0M | ||
| Q4 24 | $324.0M | $198.0M | ||
| Q3 24 | $326.0M | $210.0M | ||
| Q2 24 | $302.3M | $-306.0M | ||
| Q1 24 | $47.2M | $-4.0M |
| Q4 25 | $359.1M | $79.0M | ||
| Q3 25 | $422.5M | $-58.0M | ||
| Q2 25 | $412.5M | $105.0M | ||
| Q1 25 | $4.2M | $-11.0M | ||
| Q4 24 | $310.1M | $175.0M | ||
| Q3 24 | $314.8M | $193.0M | ||
| Q2 24 | $269.4M | $-329.0M | ||
| Q1 24 | $41.1M | $-25.0M |
| Q4 25 | 47.5% | 9.4% | ||
| Q3 25 | 58.0% | -7.5% | ||
| Q2 25 | 58.7% | 13.4% | ||
| Q1 25 | 0.6% | -1.4% | ||
| Q4 24 | 49.1% | 17.4% | ||
| Q3 24 | 52.4% | 21.0% | ||
| Q2 24 | 49.0% | -39.7% | ||
| Q1 24 | 8.0% | -3.1% |
| Q4 25 | 3.1% | 2.3% | ||
| Q3 25 | 1.5% | 2.8% | ||
| Q2 25 | 1.4% | 2.2% | ||
| Q1 25 | 2.0% | 2.1% | ||
| Q4 24 | 2.2% | 2.3% | ||
| Q3 24 | 1.9% | 1.9% | ||
| Q2 24 | 6.0% | 2.8% | ||
| Q1 24 | 1.2% | 2.6% |
| Q4 25 | 8.03× | 0.90× | ||
| Q3 25 | 68.64× | — | ||
| Q2 25 | 24.25× | — | ||
| Q1 25 | 2.37× | — | ||
| Q4 24 | 15.62× | 1.13× | ||
| Q3 24 | 10.94× | 2.23× | ||
| Q2 24 | 8.91× | -18.00× | ||
| Q1 24 | 1.88× | -0.17× |
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% |
SBGI
| Distribution Revenue | $384.0M | 46% |
| Core Advertising Revenue | $312.0M | 37% |
| Tennis Segment | $62.0M | 7% |
| Other | $40.0M | 5% |
| Other Media Non Media Revenuesand Intercompany Revenues | $24.0M | 3% |
| Political Advertising Revenue | $14.0M | 2% |
