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Side-by-side financial comparison of BLUE OWL CAPITAL INC. (OWL) and WillScot Holdings Corp (WSC). 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 $566.0M, roughly 1.3× WillScot Holdings Corp). BLUE OWL CAPITAL INC. runs the higher net margin — 6.3% vs -33.1%, a 39.4% gap on every dollar of revenue. On growth, BLUE OWL CAPITAL INC. posted the faster year-over-year revenue change (19.7% vs -6.1%). BLUE OWL CAPITAL INC. produced more free cash flow last quarter ($359.1M vs $149.7M). Over the past eight quarters, BLUE OWL CAPITAL INC.'s revenue compounded faster (21.3% CAGR vs -1.8%).
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.
WillScot Holdings Corp is a leading provider of modular space solutions and portable storage services across North America. It serves a wide range of sectors including construction, commercial development, education, healthcare, government projects, and special events, offering flexible, scalable temporary and semi-permanent space solutions tailored to diverse client needs.
OWL vs WSC — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $755.6M | $566.0M |
| Net Profit | $47.7M | $-187.3M |
| Gross Margin | — | 50.4% |
| Operating Margin | 22.2% | -32.5% |
| Net Margin | 6.3% | -33.1% |
| Revenue YoY | 19.7% | -6.1% |
| Net Profit YoY | 129.8% | -310.0% |
| EPS (diluted) | $0.07 | $-1.02 |
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 | $566.0M | ||
| Q3 25 | $728.0M | $566.8M | ||
| Q2 25 | $703.1M | $589.1M | ||
| Q1 25 | $683.5M | $559.6M | ||
| Q4 24 | $631.4M | $602.5M | ||
| Q3 24 | $600.9M | $601.4M | ||
| Q2 24 | $549.8M | $604.6M | ||
| Q1 24 | $513.3M | $587.2M |
| Q4 25 | $47.7M | $-187.3M | ||
| Q3 25 | $6.3M | $43.3M | ||
| Q2 25 | $17.4M | $47.9M | ||
| Q1 25 | $7.4M | $43.1M | ||
| Q4 24 | $20.7M | $89.2M | ||
| Q3 24 | $29.8M | $-70.5M | ||
| Q2 24 | $33.9M | $-46.9M | ||
| Q1 24 | $25.1M | $56.2M |
| Q4 25 | — | 50.4% | ||
| Q3 25 | — | 49.7% | ||
| Q2 25 | — | 50.3% | ||
| Q1 25 | — | 53.7% | ||
| Q4 24 | — | 55.8% | ||
| Q3 24 | — | 53.5% | ||
| Q2 24 | — | 54.1% | ||
| Q1 24 | — | 54.0% |
| Q4 25 | 22.2% | -32.5% | ||
| Q3 25 | 7.6% | 21.0% | ||
| Q2 25 | 12.0% | 21.5% | ||
| Q1 25 | 5.9% | 21.3% | ||
| Q4 24 | 11.7% | 28.9% | ||
| Q3 24 | 18.7% | -5.9% | ||
| Q2 24 | 28.4% | -0.9% | ||
| Q1 24 | 24.7% | 22.1% |
| Q4 25 | 6.3% | -33.1% | ||
| Q3 25 | 0.9% | 7.6% | ||
| Q2 25 | 2.5% | 8.1% | ||
| Q1 25 | 1.1% | 7.7% | ||
| Q4 24 | 3.3% | 14.8% | ||
| Q3 24 | 5.0% | -11.7% | ||
| Q2 24 | 6.2% | -7.7% | ||
| Q1 24 | 4.9% | 9.6% |
| Q4 25 | $0.07 | $-1.02 | ||
| Q3 25 | $0.01 | $0.24 | ||
| Q2 25 | $0.02 | $0.26 | ||
| Q1 25 | $0.00 | $0.23 | ||
| Q4 24 | $0.06 | $0.48 | ||
| Q3 24 | $0.04 | $-0.37 | ||
| Q2 24 | $0.06 | $-0.25 | ||
| Q1 24 | $0.04 | $0.29 |
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 | $14.6M |
| Total DebtLower is stronger | $3.3B | $3.6B |
| Stockholders' EquityBook value | $2.2B | $856.3M |
| Total Assets | $12.5B | $5.8B |
| Debt / EquityLower = less leverage | 1.51× | 4.15× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $194.5M | $14.6M | ||
| Q3 25 | $137.3M | $14.8M | ||
| Q2 25 | $117.6M | $12.8M | ||
| Q1 25 | $97.6M | $10.7M | ||
| Q4 24 | $152.1M | $9.0M | ||
| Q3 24 | $115.9M | $11.0M | ||
| Q2 24 | $436.8M | $5.9M | ||
| Q1 24 | $155.8M | $13.1M |
| Q4 25 | $3.3B | $3.6B | ||
| Q3 25 | $3.2B | $3.6B | ||
| Q2 25 | $3.2B | $3.7B | ||
| Q1 25 | $3.2B | $3.6B | ||
| Q4 24 | $2.6B | $3.7B | ||
| Q3 24 | $2.5B | $3.6B | ||
| Q2 24 | $2.5B | $3.5B | ||
| Q1 24 | $2.1B | $3.5B |
| Q4 25 | $2.2B | $856.3M | ||
| Q3 25 | $2.3B | $1.1B | ||
| Q2 25 | $2.4B | $1.0B | ||
| Q1 25 | $2.3B | $1.0B | ||
| Q4 24 | $2.1B | $1.0B | ||
| Q3 24 | $2.0B | $1.1B | ||
| Q2 24 | $1.7B | $1.2B | ||
| Q1 24 | $1.6B | $1.3B |
| Q4 25 | $12.5B | $5.8B | ||
| Q3 25 | $12.5B | $6.1B | ||
| Q2 25 | $12.3B | $6.1B | ||
| Q1 25 | $12.3B | $6.0B | ||
| Q4 24 | $11.0B | $6.0B | ||
| Q3 24 | $10.8B | $6.0B | ||
| Q2 24 | $9.7B | $6.0B | ||
| Q1 24 | $9.0B | $6.2B |
| Q4 25 | 1.51× | 4.15× | ||
| Q3 25 | 1.41× | 3.39× | ||
| Q2 25 | 1.38× | 3.55× | ||
| Q1 25 | 1.37× | 3.56× | ||
| Q4 24 | 1.22× | 3.62× | ||
| Q3 24 | 1.27× | 3.42× | ||
| Q2 24 | 1.41× | 2.88× | ||
| Q1 24 | 1.26× | 2.63× |
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 | $158.9M |
| Free Cash FlowOCF − Capex | $359.1M | $149.7M |
| FCF MarginFCF / Revenue | 47.5% | 26.5% |
| Capex IntensityCapex / Revenue | 3.1% | 1.6% |
| Cash ConversionOCF / Net Profit | 8.03× | — |
| TTM Free Cash FlowTrailing 4 quarters | $1.2B | $737.7M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $382.9M | $158.9M | ||
| Q3 25 | $433.1M | $191.2M | ||
| Q2 25 | $422.5M | $205.3M | ||
| Q1 25 | $17.6M | $206.6M | ||
| Q4 24 | $324.0M | $178.9M | ||
| Q3 24 | $326.0M | $-1.6M | ||
| Q2 24 | $302.3M | $175.6M | ||
| Q1 24 | $47.2M | $208.7M |
| Q4 25 | $359.1M | $149.7M | ||
| Q3 25 | $422.5M | $186.9M | ||
| Q2 25 | $412.5M | $199.0M | ||
| Q1 25 | $4.2M | $202.0M | ||
| Q4 24 | $310.1M | $176.6M | ||
| Q3 24 | $314.8M | $-4.9M | ||
| Q2 24 | $269.4M | $169.4M | ||
| Q1 24 | $41.1M | $202.1M |
| Q4 25 | 47.5% | 26.5% | ||
| Q3 25 | 58.0% | 33.0% | ||
| Q2 25 | 58.7% | 33.8% | ||
| Q1 25 | 0.6% | 36.1% | ||
| Q4 24 | 49.1% | 29.3% | ||
| Q3 24 | 52.4% | -0.8% | ||
| Q2 24 | 49.0% | 28.0% | ||
| Q1 24 | 8.0% | 34.4% |
| Q4 25 | 3.1% | 1.6% | ||
| Q3 25 | 1.5% | 0.7% | ||
| Q2 25 | 1.4% | 1.1% | ||
| Q1 25 | 2.0% | 0.8% | ||
| Q4 24 | 2.2% | 0.4% | ||
| Q3 24 | 1.9% | 0.6% | ||
| Q2 24 | 6.0% | 1.0% | ||
| Q1 24 | 1.2% | 1.1% |
| Q4 25 | 8.03× | — | ||
| Q3 25 | 68.64× | 4.41× | ||
| Q2 25 | 24.25× | 4.28× | ||
| Q1 25 | 2.37× | 4.80× | ||
| Q4 24 | 15.62× | 2.01× | ||
| Q3 24 | 10.94× | — | ||
| Q2 24 | 8.91× | — | ||
| Q1 24 | 1.88× | 3.71× |
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% |
WSC
| Modular Space Leasing | $249.8M | 44% |
| Value Added Product And Services | $101.0M | 18% |
| Portable Storage Leasing | $83.0M | 15% |
| Delivery Revenue | $48.2M | 9% |
| Installation Revenue | $45.0M | 8% |
| Rental Units | $19.7M | 3% |
| New Units | $15.5M | 3% |
| Value Added Services | $10.3M | 2% |
| Other Leasing Related Products And Services | $3.8M | 1% |
