Oaktree Capital Group, LLC

In FY2025, Oaktree Capital Group, LLC reported total revenues of $679.5 million, a 13% decline from $778.0 million in FY2024, driven by zero incentive income compared to $117.5 million prior year, partially offset by higher investment income of $196.5 million (up from $170.0 million) and stable interest and dividend income at $483.0 million. Net income totaled $523.2 million, down 33% from $787.1 million in 2024, with income before taxes at $523.2 million reflecting total other income of $20.8 million from consolidated funds' investments. Net income attributable to Brookfield Oaktree Holdings, LLC Class A unitholders was $221.9 million, or $2 per unit (basic and diluted), versus $280.2 million or $2.45 per unit in 2024. Total assets remained stable at $6.80 billion, with liabilities at $1.46 billion. Operating cash flow strengthened to $471.0 million from a use of $538.6 million prior year, supported by net income and investment distributions, though financing activities used $795.9 million mainly for distributions. This performance underscores reliance on investment and interest income post-restructurings, positioning the company for continued exposure to Oaktree's opportunistic funds amid market volatility.

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