Business
Blue Owl Capital Corporation Announces March 31, 2026 Financial Results
Blue Owl Capital Corporation (NYSE: OBDC) ("OBDC" or the "Company") today announced financial results for its first quarter ended March 31, 2026.
About this update from Blue Owl Capital Corporation
[{"type":"text","content":"NEW YORK, May 6, 2026 /PRNewswire/ -- Blue Owl Capital Corporation (NYSE: OBDC) ("OBDC" or the "Company") today announced financial results for its first quarter ended March 31, 2026.","length":203,"tagName":"p"},{"type":"text","content":"FIRST QUARTER 2026 HIGHLIGHTS","length":29,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"First quarter GAAP net investment income ("NII") per share of $0.32","length":77,"tagName":"p"}]},{"val":[{"type":"text","content":"First quarter adjusted NII per share(1) of $0.31, as compared with the prior quarter of $0.36","length":93,"tagName":"p"}]},{"val":[{"type":"text","content":"Net asset value per share of $14.41, as compared with $14.81 as of December 31, 2025, primarily reflecting the impact of credit spread widening on the portfolio","length":165,"tagName":"p"}]},{"val":[{"type":"text","content":"New investment commitments for the first quarter were $676 million and sales and repayments were $1.5 billion, as compared with $684 million of new investment commitments and $1.4 billion of sales and repayments for the three months ended December 31, 2025","length":261,"tagName":"p"}]},{"val":[{"type":"text","content":"Investments on non-accrual represented 2.0% and 1.0% of the portfolio at cost and fair value, respectively, as compared with 2.3% and 1.1% as of December 31, 2025","length":167,"tagName":"p"}]},{"val":[{"type":"text","content":"In January, Moody's upgraded OBDC to Baa2 given their view on OBDC's credit profile and liability management","length":116,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":879,"olType":false},{"type":"text","content":""OBDC's credit performance remains strong, with no new non‑accruals and steady borrower performance," said Craig W. Packer, Chief Executive Officer. "While the quarter reflected a more challenging earnings environment driven by lower base rates and tighter spreads, our portfolio is delivering solid performance, and our balance sheet is strong. With healthy repayments, lower leverage and approximately $4 billion of available liquidity, we have the flexibility to capitalize on an increasingly attractive deployment environment at wider spreads."","length":572,"tagName":"p"},{"type":"text","content":"Stock RepurchasesOn February 17, 2026...