Blue Owl Technology Finance Corp. Earnings Per Share Disclosure
| For the Years Ended December 31, | |||||||||||||||||
| ($ in thousands, except per share amounts) | 2025 | 2024 | 2023(1) | ||||||||||||||
| Increase (decrease) in net assets resulting from operations | $ | 720,371 | $ | 319,225 | $ | 369,139 | |||||||||||
| Weighted average shares of common stock outstanding—basic and diluted | 409,416,223 | 209,770,414 | 205,005,236 | ||||||||||||||
| Earnings (loss) per common share-basic and diluted | $ | 1.76 | $ | 1.52 | $ | 1.80 | |||||||||||
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Feb 18, 2026 | Showing above |
| 2024 | Mar 6, 2025 | |
| 2023 | Mar 6, 2024 | |
About Earnings Per Share Disclosures
The earnings per share disclosure breaks down the calculation from net income to both basic and diluted EPS, revealing the full impact of a company's capital structure on per-share economics. The reconciliation between basic and diluted share counts exposes how many stock options, RSUs, convertible securities, and warrants are potentially dilutive to existing shareholders.
Key signals: a widening gap between basic and diluted shares indicates growing dilution from equity compensation or convertible instruments. Anti-dilutive securities excluded from the diluted calculation deserve attention — they represent latent dilution that will materialize if the stock price rises. Watch for the effect of share buybacks on per-share metrics: EPS growth driven primarily by repurchases rather than income growth signals weakening fundamentals. Compare year-over-year changes in the diluted share count against equity compensation expense to assess whether management is effectively managing dilution.