OAK-PA

MKT CAP:$2B

Oaktree Capital Group, LLC 6.625% PFD UT A

Market Cap

$2B

Financial Services·Asset Management·🇺🇸 United States·NYSE

Financials·Asset Management·🇺🇸·NYSE

Stock Price

$20.96-$0.27 (-1.27%)

Apr 23, 2026

Company Details

Brookfield Oaktree Holdings LLC formerly Oaktree Capital Group LLC is an alternative asset manager involved in investing in credit, real assets, private equity, and listed equities. It operates into one segment namely the Investment managem...

CEO

Nicholas H. Goodman

IPO Date

May 11, 2018

Website

www.oaktreecapital.com

Key Metrics TTM

Revenue

$869M

+76.6% YoY

Net Income

$430M

EPS (Diluted)

$3.45

Free Cash Flow

$783M

Revenue / Share

$7.06

Gross Margin

88.2%

Operating Margin

109.1%

Net Margin

49.5%

FCF Margin

90.1%

P/S

2.8x

P/E

5.7x

Earnings Reports

Q1 2026

May 12, 2026

PENDING

Q4 2025

Mar 24, 2026

$201M-22.1%EPS $1.35

Q4 2024

Mar 20, 2025

$258M-26.6%EPS $1.07

Q2 2024

Aug 14, 2024

$214M+532.9%EPS $0.33

Q1 2024

May 10, 2024

$197M+113.5%EPS $0.70

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q2 20	$57M	$35M	$49M
Q3 21	$216M	$107M	$116M
Q4 21	$483M	$259M	$149M
Q1 22	-$26M	-$57M	$19M
Q2 22	$134M	$104M	-$93M
Q3 22	$66M	$45M	$2M
Q4 22	$318M	$224M	$196M
Q1 23	$92M	$19M	$17M
Q2 23	$34M	$22M	-$23M
Q3 23	$15M	-$117.0K	$5M
Q4 23	$351M	$250M	$321M
Q1 24	$197M	$150M	$270M
Q2 24	$214M	$194M	$169M
Q4 24	$258M	$241M	$243M
Q4 25	$201M	$182M	$267M

Valuation

Quarter	P/S	P/E
Q2 20	—	—
Q3 21	—	—
Q4 21	—	—
Q1 22	3.5x	7.1x
Q2 22	3.2x	10.6x
Q3 22	3.7x	14.4x
Q4 22	4.7x	11.4x
Q1 23	3.8x	10.1x
Q2 23	4.9x	10.1x
Q3 23	5.0x	9.0x
Q4 23	4.8x	10.7x
Q1 24	4.6x	10.7x
Q2 24	3.2x	8.1x
Q4 24	2.6x	6.5x
Q4 25	2.9x	5.9x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q3 15	-$895M	-$899M
Q3 21	$397M	$397M
Q4 21	$297M	$297M
Q1 22	$219M	$219M
Q2 22	$121M	$121M
Q3 22	-$111M	-$112M
Q4 22	$211M	$211M
Q1 23	$210M	$210M
Q2 23	$76M	$76M
Q3 23	$80M	$80M
Q4 23	$121M	$121M
Q1 24	$545M	$545M
Q2 24	$136M	$136M
Q4 24	$78M	$78M
Q4 25	$25M	$25M

Capital Expenditures

Quarter	CapEx
Q3 15	$4M
Q3 21	$92.0K
Q4 21	$320.0K
Q1 22	$96.0K
Q2 22	$42.0K
Q3 22	$287.0K
Q4 22	$41.0K
Q1 23	$0
Q2 23	$0
Q3 23	$0
Q4 23	$466
Q1 24	$0
Q2 24	$0
Q4 24	$0
Q4 25	$0

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q2 22	+134.4%	+2693.3%
Q3 22	-69.6%	-36.8%
Q4 22	-34.1%	-63.3%
Q1 23	+450.6%	+265.1%
Q2 23	-74.6%	-75.1%
Q3 23	-77.0%	-84.3%
Q4 23	+10.3%	-75.7%
Q1 24	+113.5%	-197.5%
Q2 24	+532.9%	-19.0%
Q4 24	+1607.4%	+45.5%
Q4 25	-42.9%	-321.4%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q3 15	$12M	—
Q3 21	$4.5K	0.0%
Q4 21	$7M	1.5%
Q1 22	$1.5K	—
Q2 22	$0	0.0%
Q3 22	$0	0.0%
Q4 22	$7M	2.1%
Q1 23	-$9M	-10.3%
Q2 23	$0	0.0%
Q3 23	$0	0.0%
Q4 23	$15M	4.2%
Q1 24	-$51M	-25.9%
Q2 24	$0	0.0%
Q4 24	$88.0K	0.0%
Q4 25	$0	0.0%

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 22	$1.2B	$7M	$1.2B
Q2 22	$1.1B	$6M	$1.1B
Q3 22	$776M	$6M	$782M
Q4 22	$176M	$0	$176M
Q1 23	$463M	$0	$463M
Q2 23	$264M	$0	$264M
Q3 23	$269M	$0	$269M
Q4 23	$337M	$0	$337M
Q1 24	$442M	$250M	$692M
Q2 24	$495M	$170M	$665M
Q3 24	$21M	$0	$21M
Q4 24	$450M	$0	$450M
Q1 25	$613M	$0	$613M
Q2 25	$15M	$0	$15M
Q3 25	$9M	$0	$9M
Q4 25	$7M	$0	$7M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q2 20	99M	—	—
Q3 21	99M	+0.5%	—
Q4 21	99M	-0.0%	—
Q1 22	99M	+0.0%	—
Q2 22	103M	+3.7%	+4.2%
Q3 22	103M	+0.3%	+4.0%
Q4 22	102M	-1.0%	+2.9%
Q1 23	99M	-2.7%	+0.1%
Q2 23	160M	+61.3%	+55.7%
Q3 23	160M	-0.0%	+55.3%
Q4 23	108M	-32.8%	+5.4%
Q1 24	109M	+1.5%	+10.0%
Q2 24	160M	+46.6%	+0.0%
Q4 24	127M	-20.9%	-20.9%
Q4 25	123M	-2.8%	+14.4%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q2 20	$76.3K	747
Q3 21	$288.5K	749
Q4 21	$618.7K	781
Q1 22	-$33.7K	781
Q2 22	$171.0K	781
Q3 22	$84.1K	781
Q4 22	$375.0K	849
Q1 23	$108.5K	849
Q2 23	$39.9K	849
Q3 23	$17.8K	849
Q4 23	$385.4K	911
Q1 24	$215.9K	911
Q2 24	$235.2K	911
Q4 24	$275.2K	936
Q4 25	$207.2K	968

Revenue / Employee