Business
Blue Owl Capital Corporation Announces December 31, 2025 Financial Results
Blue Owl Capital Corporation (NYSE: OBDC) ("OBDC" or the "Company") today announced financial results for its fourth quarter and year ended December 31, 2025.
About this update from Blue Owl Capital Corporation
[{"type":"text","content":"NEW YORK, Feb. 18, 2026 /PRNewswire/ -- Blue Owl Capital Corporation (NYSE: OBDC) ("OBDC" or the "Company") today announced financial results for its fourth quarter and year ended December 31, 2025.","length":223,"tagName":"p"},{"type":"text","content":"FOURTH QUARTER 2025 HIGHLIGHTS","length":30,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Fourth quarter GAAP net investment income ("NII") per share of $0.38","length":78,"tagName":"p"}]},{"val":[{"type":"text","content":"Fourth quarter adjusted NII per share(1) of $0.36, consistent with the prior quarter of $0.36","length":93,"tagName":"p"}]},{"val":[{"type":"text","content":"Dividends declared for the fourth quarter were $0.37 per share, representing an annualized dividend yield of 10.0%(2)","length":117,"tagName":"p"}]},{"val":[{"type":"text","content":"Net asset value ("NAV") per share of $14.81, as compared with $14.89 as of September 30, 2025, driven primarily by credit-related markdowns on a small number of names, partially offset by accretive share repurchases","length":225,"tagName":"p"}]},{"val":[{"type":"text","content":"New investment commitments for the fourth quarter were $684 million and sales and repayments were $1.4 billion, as compared with $1.3 billion of new investment commitments and $797 million of sales and repayments for the three months ended September 30, 2025","length":258,"tagName":"p"}]},{"val":[{"type":"text","content":"Investments on non-accrual represented 2.3% and 1.1% of the portfolio at cost and fair value, respectively, as compared with 2.7% and 1.3% as of September 30, 2025","length":163,"tagName":"p"}]},{"val":[{"type":"text","content":"OBDC repurchased approximately $148 million of OBDC common stock at 86% price-to-book value","length":91,"tagName":"p"}]},{"val":[{"type":"text","content":"The Board of Directors (the "Board") approved a new $300 million share repurchase program, replacing the prior $200 million authorization","length":147,"tagName":"p"}]},{"val":[{"type":"text","content":"In January 2026, received Moody's upgrade to Baa2 given view on credit profile and liability management","length":107,"tagName":"p"}]},{"val":[{"type":"text","content":"Announced today that OBDC and certain other Blue Owl BDCs entered into agreements to sell $1.4 billion o...