BLUE OWL CAPITAL INC. (OWL) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

Medium Risk
Moderate dilution risk
Last updated: May 01, 2026

Risk Assessment Details

Potential Dilution: 14.11% of current shares
Recent Dilution: 27.21% (2 years)
Historical Dilution Factor: significant recent dilution
Outstanding Shares
680M
Potential Supply
96M
Additional shares possible
Splits
None
Past 2 years

Summary

OWL currently has 680M outstanding shares. with limited dilution risk as only 96M additional shares (14.1%) are authorized for issuance. The company has significantly diluted shareholders by 27.21% over the past 2 years, indicating aggressive capital raising.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
May 01, 2026

10-Q filing | 680.4M shares outstanding

680M 96M
Nov 03, 2025

10-Q filing | 667.1M shares outstanding

670M 96M
Aug 01, 2025

10-Q filing | 649.7M shares outstanding

650M 96M
May 05, 2025

10-Q filing | 625.9M shares outstanding

630M 96M
Feb 21, 2025

10-K filing | 558.4M shares outstanding

560M 96M
Nov 06, 2024

10-Q filing | 575.2M shares outstanding

580M 96M
Aug 01, 2024

10-Q filing | 539.4M shares outstanding

540M 96M
May 03, 2024

10-Q filing | 498.7M shares outstanding

500M 96M
Feb 23, 2024

10-K filing | 463.2M shares outstanding

460M 96M
Nov 02, 2023

10-Q filing | 466.4M shares outstanding

470M 96M
Aug 08, 2023

10-Q filing | 459.4M shares outstanding

460M 96M
May 04, 2023

10-Q filing | 456.2M shares outstanding

460M 96M
Feb 27, 2023

10-K filing | 433.4M shares outstanding

430M 96M
Dec 22, 2022

S-3 filing: This S-3 filing registers the resale of up to 52,148,660 Class A shares by selling holders.

440M 96M
Nov 04, 2022

10-Q filing | 441.5M shares outstanding

440M 44M
Aug 04, 2022

10-Q filing | 422.6M shares outstanding

420M 44M
Jun 16, 2022

S-3 filing: Blue Owl Capital Inc. is filing a shelf registration statement for the potential sale of Class A Common Stock, Preferred Stock, Debt Securities, Depositary Shares, Units and Warrants up to an aggregate amount of $1,000,000,000.

420M 44M
Jun 16, 2022

POS AM filing: This is a POS AM filing registering the possible resale by the Selling Holders of up to 1,350,292,353 Class A Shares.

420M 44M
Jun 16, 2022

POS AM filing: The filing registers the possible resale by Selling Holders of up to 1,350,292,353 Class A Shares.

420M 44M
May 05, 2022

10-Q filing | 417.1M shares outstanding

420M 74M
Apr 21, 2022

POS AM filing: This POS AM filing registers the possible resale of up to 1,320,591,340 Class A Shares by Selling Holders.

400M 74M
Feb 28, 2022

10-K filing | 404.9M shares outstanding

400M 1.4B
Nov 09, 2021

10-Q filing | 338.5M shares outstanding

340M 1.4B
Oct 18, 2021

S-1 filing: This S-1 filing registers the possible resale of up to 29,701,013 Class A shares by selling holders.

320M 1.4B
Oct 04, 2021

S-1 filing: This is an S-1 filing for Blue Owl Capital Inc. detailing the company's capital structure, including Class A, B, C, D, and E shares, RSUs, warrants, and Blue Owl Operating Group Units, as of June 30, 2021.

320M 1.4B
Aug 12, 2021

10-Q filing | 329.1M shares outstanding

330M 1.4B
Jul 15, 2021

S-1/A filing: This S-1/A filing registers the possible resale of up to 1,320,591,340 shares of Class A common stock by the Selling Holders.

3.5M 1.4B
Jun 21, 2021

S-1 filing: This S-1 filing registers the possible resale by selling holders of up to 1,333,380,998 shares of Class A common stock.

3.5M 1.4B
May 17, 2021

10-Q filing | 3.5M shares outstanding

3.5M 30M
Feb 24, 2021

10-K filing | 6.9M shares outstanding

6.9M 30M
Dec 07, 2020

10-Q filing | 27.5M shares outstanding

28M 30M
Oct 21, 2020

S-1/A filing: Altimar Acquisition Corporation is offering 25,000,000 units at $10.00 per unit in an initial public offering. Each unit consists of one Class A ordinary share and one-third of one redeemable warrant. The sponsor has agreed to purchase warrants in a private placement.

7.2M 30M
Oct 19, 2020

S-1/A filing: Altimar Acquisition Corporation is offering 30,000,000 units at $10.00 per unit in an initial public offering.

8.6M 35M
Oct 07, 2020

S-1 filing: Altimar Acquisition Corporation is offering 30,000,000 units at $10.00 per unit, each unit consisting of one Class A ordinary share and one-third of one redeemable warrant.

N/A 35M
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