BLUE OWL REAL ESTATE NET LEASE TRUST Financial Statements (2025 and earlier)
Company Profile
| Business Address |
30 N. LASALLE STREET, SUITE 4140 CHICAGO, IL 60602 |
| State of Incorp. | MD |
| Fiscal Year End | December 31 |
| Industry (SIC) | 65 - Real Estate (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
| 3/31/2025 Q1 | 12/31/2024 Q4 | 9/30/2024 Q3 | 6/30/2024 Q2 | 3/31/2024 Q1 | 12/31/2023 Q4 | 9/30/2023 Q3 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 112,718 | 113,372 | 101,571 | 55,135 | 59,087 | 35,581 | |||
| Cash and cash equivalent | 112,718 | 113,372 | 101,571 | 55,135 | 59,087 | 35,581 | |||
| Deferred costs | 9,677 | 11,919 | |||||||
| Total current assets: | 122,395 | 113,372 | 101,571 | 55,135 | 71,006 | 35,581 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 603,069 | 548,804 | 510,417 | 498,451 | 499,936 | 497,353 | |||
| Long-term investments and receivables | 1,747,787 | 1,581,947 | 1,577,389 | 1,533,116 | 705,628 | 471,772 | |||
| Long-term investments | 1,747,787 | 1,581,947 | 1,577,389 | 1,533,116 | 705,628 | 471,772 | |||
| Intangible assets, net (including goodwill) | 168,101 | 172,410 | 142,582 | 133,087 | 136,530 | 137,971 | |||
| Intangible assets, net (excluding goodwill) | 168,101 | 172,410 | 142,582 | 133,087 | 136,530 | 137,971 | |||
| Total noncurrent assets: | 2,518,957 | 2,303,161 | 2,230,388 | 2,164,654 | 1,342,094 | 1,107,096 | |||
| Other undisclosed assets | 3,736,236 | 3,271,526 | 3,082,986 | 2,977,175 | 2,980,668 | 3,029,797 | |||
| TOTAL ASSETS: | 6,377,588 | 5,688,059 | 5,414,945 | 5,196,964 | 4,393,768 | 4,172,474 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Noncurrent Liabilities | |||||||||
| Other undisclosed liabilities | 2,083,190 | 1,957,477 | 2,201,321 | 2,550,860 | 2,259,908 | 2,322,472 | |||
| Total liabilities: | 2,083,190 | 1,957,477 | 2,201,321 | 2,550,860 | 2,259,908 | 2,322,472 | |||
| Temporary equity, including noncontrolling interest | 39,952 | 32,071 | 23,687 | 18,265 | 17,976 | 12,438 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | 3,948,179 | 3,376,952 | 2,873,482 | 2,321,895 | 1,820,751 | 1,543,883 | |||
| Additional paid in capital | 4,149,362 | 3,588,122 | 3,047,387 | 2,461,018 | 1,948,355 | 1,597,811 | |||
| Accumulated other comprehensive income (loss) | (18,118) | (9,543) | 16,035 | 16,087 | 3,052 | 25,272 | |||
| Accumulated deficit | (187,297) | (205,284) | (193,046) | (157,716) | (132,638) | (80,831) | |||
| Other undisclosed equity, attributable to parent | 4,232 | 3,657 | 3,106 | 2,506 | 1,982 | 1,631 | |||
| Equity, attributable to noncontrolling interest | 249,319 | 248,508 | 254,387 | 256,444 | 256,715 | 265,649 | |||
| Total equity: | 4,197,498 | 3,625,460 | 3,127,869 | 2,578,339 | 2,077,466 | 1,809,532 | |||
| Other undisclosed liabilities and equity | 56,948 | 73,051 | 62,068 | 49,500 | 38,418 | 28,032 | |||
| TOTAL LIABILITIES AND EQUITY: | 6,377,588 | 5,688,059 | 5,414,945 | 5,196,964 | 4,393,768 | 4,172,474 | |||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 3/31/2025 Q1 | 12/31/2024 Q4 | 9/30/2024 Q3 | 6/30/2024 Q2 | 3/31/2024 Q1 | 12/31/2023 Q4 | 9/30/2023 Q3 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues (Operating Lease, Lease Income) | 54,640 | 52,684 | 48,717 | 50,954 | 48,079 | 48,071 | ||
| Cost of revenue | (44,674) | (24,489) | (27,964) | (23,037) | (22,998) | (30,740) | ||
| Provision for loan, lease, and other losses | (3,240) | 1,018 | 2,311 | |||||
| Gross profit: | 9,966 | 28,195 | 20,753 | 27,917 | 25,081 | 17,331 | ||
| Operating expenses | (45,930) | (33,015) | (32,887) | (25,377) | (14,531) | (34,630) | ||
| Other operating income (expense), net | 114,922 | 39,116 | 12,575 | (956) | (48,012) | (18,396) | ||
| Operating income (loss): | 78,958 | 34,296 | 441 | 1,584 | (37,462) | (35,695) | ||
| Interest and debt expense | (20,728) | (27,602) | (31,838) | (37,265) | (34,946) | (34,629) | ||
| Income (loss) from continuing operations before equity method investments, income taxes: | 58,230 | 6,694 | (31,397) | (35,681) | (72,408) | (70,324) | ||
| Other undisclosed income from continuing operations before income taxes | 35,650 | 44,735 | 46,875 | 51,799 | 179,002 | |||
| Income (loss) from continuing operations before income taxes: | 93,880 | 51,429 | 15,478 | 16,118 | 106,594 | (70,324) | ||
| Income tax expense | (1,382) | (1,026) | (1,108) | (304) | ||||
| Other undisclosed loss from continuing operations | (230) | |||||||
| Income (loss) from continuing operations: | 92,498 | 50,403 | 14,370 | 15,814 | 106,364 | (70,324) | ||
| Other undisclosed net income (loss) | (129,635) | 49,673 | ||||||
| Net income (loss): | 92,498 | 50,403 | 14,370 | 15,814 | (23,271) | (20,651) | ||
| Net income (loss) attributable to noncontrolling interest | (6,247) | (3,629) | (1,234) | (1,683) | 3,001 | 2,858 | ||
| Net income (loss) available to common stockholders, basic: | 86,251 | 46,774 | 13,136 | 14,131 | (20,270) | (17,793) | ||
| Dilutive securities, effect on basic earnings per share | 6,247 | 3,629 | 1,234 | 1,683 | ||||
| Net income (loss) available to common stockholders, diluted: | 92,498 | 50,403 | 14,370 | 15,814 | (20,270) | (17,793) | ||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 3/31/2025 Q1 | 12/31/2024 Q4 | 9/30/2024 Q3 | 6/30/2024 Q2 | 3/31/2024 Q1 | 12/31/2023 Q4 | 9/30/2023 Q3 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 92,498 | 50,403 | 14,370 | 15,814 | (23,271) | (20,651) | ||
| Net income (loss) attributable to redeemable noncontrolling interest | 1,880 | (392) | (83) | ✕ | ✕ | |||
| Other comprehensive income (loss) | (9,177) | (27,687) | 64 | 14,600 | (25,470) | 2,438 | ||
| Comprehensive income (loss): | 83,321 | 22,716 | 14,434 | 30,414 | (48,741) | (18,213) | ||
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | (5,646) | (1,519) | (1,351) | (3,247) | 6,248 | 2,504 | ||
| Comprehensive income (loss), net of tax, attributable to parent: | 77,675 | 21,197 | 13,083 | 27,167 | (42,493) | (15,709) | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.