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BLUE OWL CAPITAL INC.（OWL）与RBC Bearings INC（RBC）财务数据对比。点击上方公司名可切换其他公司
BLUE OWL CAPITAL INC.的季度营收约是RBC Bearings INC的1.6倍（$755.6M vs $461.6M），RBC Bearings INC净利率更高（14.6% vs 6.3%，领先8.3%），BLUE OWL CAPITAL INC.同比增速更快（19.7% vs 17.0%），BLUE OWL CAPITAL INC.自由现金流更多（$359.1M vs $99.1M），过去两年BLUE OWL CAPITAL INC.的营收复合增速更高（21.3% vs 5.6%）
Blue Owl Capital Inc.是美国另类投资资产管理机构，于纽约证券交易所挂牌上市，股票代码为OWL，总部设在纽约市，在伦敦、迪拜、中国香港等全球多地设有办事处，专注为各类客户提供专业的另类资产管理解决方案。
该文本实际介绍的并非RBC Bearings，而是美国多佛公司。多佛是一家工业产品综合制造商，1955年成立，总部位于伊利诺伊州当纳斯格罗夫。2021年其业务分为五大板块：工程产品、清洁能源与加注、成像与识别、泵与工艺解决方案、气候与可持续技术，是标普500成分股，在纽约证券交易所上市。
OWL vs RBC — 直观对比
营收规模更大
OWL
是对方的1.6倍
$461.6M
营收增速更快
OWL
高出2.6%
17.0%
净利率更高
RBC
高出8.3%
6.3%
自由现金流更多
OWL
多$260.0M
$99.1M
两年增速更快
OWL
近两年复合增速
5.6%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $755.6M | $461.6M |
| 净利润 | $47.7M | $67.4M |
| 毛利率 | — | 44.3% |
| 营业利润率 | 22.2% | 22.3% |
| 净利率 | 6.3% | 14.6% |
| 营收同比 | 19.7% | 17.0% |
| 净利润同比 | 129.8% | 16.4% |
| 每股收益（稀释后） | $0.07 | $2.13 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收OWLRBC
| Q4 25 | $755.6M | $461.6M | ||
| Q3 25 | $728.0M | $455.3M | ||
| Q2 25 | $703.1M | $436.0M | ||
| Q1 25 | $683.5M | $437.7M | ||
| Q4 24 | $631.4M | $394.4M | ||
| Q3 24 | $600.9M | $397.9M | ||
| Q2 24 | $549.8M | $406.3M | ||
| Q1 24 | $513.3M | $413.7M |
净利润OWLRBC
| Q4 25 | $47.7M | $67.4M | ||
| Q3 25 | $6.3M | $60.0M | ||
| Q2 25 | $17.4M | $68.5M | ||
| Q1 25 | $7.4M | $72.7M | ||
| Q4 24 | $20.7M | $57.9M | ||
| Q3 24 | $29.8M | $54.2M | ||
| Q2 24 | $33.9M | $61.4M | ||
| Q1 24 | $25.1M | — |
毛利率OWLRBC
| Q4 25 | — | 44.3% | ||
| Q3 25 | — | 44.1% | ||
| Q2 25 | — | 44.8% | ||
| Q1 25 | — | 44.2% | ||
| Q4 24 | — | 44.3% | ||
| Q3 24 | — | 43.7% | ||
| Q2 24 | — | 45.3% | ||
| Q1 24 | — | 43.1% |
营业利润率OWLRBC
| Q4 25 | 22.2% | 22.3% | ||
| Q3 25 | 7.6% | 21.5% | ||
| Q2 25 | 12.0% | 23.2% | ||
| Q1 25 | 5.9% | 23.0% | ||
| Q4 24 | 11.7% | 21.7% | ||
| Q3 24 | 18.7% | 21.6% | ||
| Q2 24 | 28.4% | 24.0% | ||
| Q1 24 | 24.7% | 22.8% |
净利率OWLRBC
| Q4 25 | 6.3% | 14.6% | ||
| Q3 25 | 0.9% | 13.2% | ||
| Q2 25 | 2.5% | 15.7% | ||
| Q1 25 | 1.1% | 16.6% | ||
| Q4 24 | 3.3% | 14.7% | ||
| Q3 24 | 5.0% | 13.6% | ||
| Q2 24 | 6.2% | 15.1% | ||
| Q1 24 | 4.9% | — |
每股收益（稀释后）OWLRBC
| Q4 25 | $0.07 | $2.13 | ||
| Q3 25 | $0.01 | $1.90 | ||
| Q2 25 | $0.02 | $2.17 | ||
| Q1 25 | $0.00 | $2.33 | ||
| Q4 24 | $0.06 | $1.82 | ||
| Q3 24 | $0.04 | $1.65 | ||
| Q2 24 | $0.06 | $1.90 | ||
| Q1 24 | $0.04 | $1.92 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $194.5M | $107.6M |
| 总债务越低越好 | $3.3B | $990.2M |
| 股东权益账面价值 | $2.2B | $3.3B |
| 总资产 | $12.5B | $5.1B |
| 负债/权益比越低杠杆越低 | 1.51× | 0.30× |
8季度趋势，按日历期对齐
现金及短期投资OWLRBC
| Q4 25 | $194.5M | $107.6M | ||
| Q3 25 | $137.3M | $91.2M | ||
| Q2 25 | $117.6M | $132.9M | ||
| Q1 25 | $97.6M | $36.8M | ||
| Q4 24 | $152.1M | — | ||
| Q3 24 | $115.9M | — | ||
| Q2 24 | $436.8M | $76.8M | ||
| Q1 24 | $155.8M | $63.5M |
总债务OWLRBC
| Q4 25 | $3.3B | $990.2M | ||
| Q3 25 | $3.2B | $1.1B | ||
| Q2 25 | $3.2B | $915.6M | ||
| Q1 25 | $3.2B | $920.1M | ||
| Q4 24 | $2.6B | — | ||
| Q3 24 | $2.5B | — | ||
| Q2 24 | $2.5B | — | ||
| Q1 24 | $2.1B | $1.2B |
股东权益OWLRBC
| Q4 25 | $2.2B | $3.3B | ||
| Q3 25 | $2.3B | $3.2B | ||
| Q2 25 | $2.4B | $3.1B | ||
| Q1 25 | $2.3B | $3.0B | ||
| Q4 24 | $2.1B | $2.9B | ||
| Q3 24 | $2.0B | $2.9B | ||
| Q2 24 | $1.7B | $2.8B | ||
| Q1 24 | $1.6B | $2.8B |
总资产OWLRBC
| Q4 25 | $12.5B | $5.1B | ||
| Q3 25 | $12.5B | $5.1B | ||
| Q2 25 | $12.3B | $4.8B | ||
| Q1 25 | $12.3B | $4.7B | ||
| Q4 24 | $11.0B | $4.7B | ||
| Q3 24 | $10.8B | $4.7B | ||
| Q2 24 | $9.7B | $4.7B | ||
| Q1 24 | $9.0B | $4.7B |
负债/权益比OWLRBC
| Q4 25 | 1.51× | 0.30× | ||
| Q3 25 | 1.41× | 0.34× | ||
| Q2 25 | 1.38× | 0.29× | ||
| Q1 25 | 1.37× | 0.30× | ||
| Q4 24 | 1.22× | — | ||
| Q3 24 | 1.27× | — | ||
| Q2 24 | 1.41× | — | ||
| Q1 24 | 1.26× | 0.43× |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $382.9M | $122.1M |
| 自由现金流经营现金流 - 资本支出 | $359.1M | $99.1M |
| 自由现金流率自由现金流/营收 | 47.5% | 21.5% |
| 资本支出强度资本支出/营收 | 3.1% | 5.0% |
| 现金转化率经营现金流/净利润 | 8.03× | 1.81× |
| 过去12个月自由现金流最近4个季度 | $1.2B | — |
8季度趋势，按日历期对齐
经营现金流OWLRBC
| Q4 25 | $382.9M | $122.1M | ||
| Q3 25 | $433.1M | $88.4M | ||
| Q2 25 | $422.5M | $120.0M | ||
| Q1 25 | $17.6M | — | ||
| Q4 24 | $324.0M | $84.0M | ||
| Q3 24 | $326.0M | — | ||
| Q2 24 | $302.3M | $97.4M | ||
| Q1 24 | $47.2M | — |
自由现金流OWLRBC
| Q4 25 | $359.1M | $99.1M | ||
| Q3 25 | $422.5M | $71.7M | ||
| Q2 25 | $412.5M | $104.3M | ||
| Q1 25 | $4.2M | — | ||
| Q4 24 | $310.1M | $73.6M | ||
| Q3 24 | $314.8M | — | ||
| Q2 24 | $269.4M | $88.4M | ||
| Q1 24 | $41.1M | — |
自由现金流率OWLRBC
| Q4 25 | 47.5% | 21.5% | ||
| Q3 25 | 58.0% | 15.7% | ||
| Q2 25 | 58.7% | 23.9% | ||
| Q1 25 | 0.6% | — | ||
| Q4 24 | 49.1% | 18.7% | ||
| Q3 24 | 52.4% | — | ||
| Q2 24 | 49.0% | 21.8% | ||
| Q1 24 | 8.0% | — |
资本支出强度OWLRBC
| Q4 25 | 3.1% | 5.0% | ||
| Q3 25 | 1.5% | 3.7% | ||
| Q2 25 | 1.4% | 3.6% | ||
| Q1 25 | 2.0% | 3.2% | ||
| Q4 24 | 2.2% | 2.6% | ||
| Q3 24 | 1.9% | 4.1% | ||
| Q2 24 | 6.0% | 2.2% | ||
| Q1 24 | 1.2% | — |
现金转化率OWLRBC
| Q4 25 | 8.03× | 1.81× | ||
| Q3 25 | 68.64× | 1.47× | ||
| Q2 25 | 24.25× | 1.75× | ||
| Q1 25 | 2.37× | — | ||
| Q4 24 | 15.62× | 1.45× | ||
| Q3 24 | 10.94× | — | ||
| Q2 24 | 8.91× | 1.59× | ||
| Q1 24 | 1.88× | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
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% |
RBC
| Domestic | $413.3M | 90% |
| Foreign | $48.3M | 10% |
