FinEdge Labs
O

OWL

OWLReviewed
14 segments tracked|4 years of data|Annual (10-K)
Total Revenue
$4.3B147.7%
FY2024
Operating Segments
14
Active segments
Blended Margin
0.0%
Operating margin
Highest Margin
0.0%
Asset Management1
Segment Shift

Asset Management1 has grown from 81.1% to 46.5% of total revenue since FY2021, with 0.0% operating margins. Meanwhile, Management Service Incentive is the fastest growing at +96.0% YoY.

Segment Revenue Over Time

Revenue Mix

Segment Breakdown — FY2024

SegmentRevenueOp. IncomeMargin% of TotalYoY
Asset Management1$2.0B$00.0%46.5%+30.6%
Direct Lending$1.1B$00.0%26.4%+0.0%
GPMinority Stakes$589M$00.0%13.7%+0.0%
Administrative Service$294M$00.0%6.9%+46.6%
Net Lease$169M$00.0%3.9%+0.0%
Investment Grade Credit$28M$00.0%0.7%+0.0%
Liquid Credit$28M$00.0%0.6%+0.0%
Other Equity Based Awards$26M$00.0%0.6%+0.0%
GPDebt Financing$23M$00.0%0.5%+0.0%
Alternative Credit$20M$00.0%0.5%+0.0%
Real Estate Credit$19M$00.0%0.4%+0.0%
Management Service Incentive$7M$00.0%0.2%+96.0%
Professional Sports Minority Stakes$3M$00.0%0.1%+0.0%
Strategic Revenue Share Purchase Consideration Amortization$-44M$00.0%-1.0%+0.0%

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