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Affiliated Managers Group vs Blue OWL Capital

Blue OWL Capital is the larger business, with $2.87bn of revenue in fiscal 2025 against $2.07bn for Affiliated Managers Group (1.4 times as much). Blue OWL Capital grew faster (25.0% against 1.6%). Affiliated Managers Group kept more of each dollar of sales as profit: a net margin of 34.5% against 2.7%.

Latest fiscal yearAffiliated Managers GroupAMG, 2025Blue OWL CapitalOWL, 2025
Revenue $2.07bn $2.87bn
Revenue growth 1.6% 25.0%
Net income $717m $78.8m
Operating margin — —
Net margin 34.5% 2.7%
Return on equity 21.8% 3.6%
Free cash flow $967m $1.20bn
Cash $586m $195m
Total debt $2.73bn $3.32bn
Debt to equity 84.3% —
Dividend per share $0.04 $0.85
Dividend yield 0.0% 8.3%
Share buybacks $706m $53.7m
Employees 5,600 1,365
Market value $9.99bn $7.20bn
Price vs our value range — —
Moat score 68 (Moderate) —
Insider trades, 12 months 2 buys, 5 sales 9 buys, 0 sales

Each figure is from the company's latest annual report and links to the page it comes from. Fiscal years can end on different dates. Market value and the value verdict use the delayed price shown on the stock pages. Not a recommendation.

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Figures from each company's latest annual report filed with the SEC (10-K or 20-F), as reported, with the fiscal year shown. Not investment advice. How we read filings: methodology.