What is The Carlyle Group Inc.'s earnings per share (EPS)?

The Carlyle Group Inc. (CG) reported diluted earnings per share of $2.18 for fiscal year 2025. This represents a -21.3% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

The Carlyle Group Inc. (CG) Financials

Trailing 12 months to June 30, 2026

Revenue $3.6B -41.9% YoY

Net Income $363.9M -71.0% YoY

EPS (Diluted) $0.96 -71.8% YoY

Free Cash Flow -$4.1B -2448.1% YoY

Market Cap $13.5B as of Oct 8, 2026

Price / Sales 3.7x on $3.6B revenue, trailing 12 months to June 30, 2026

Price / Earnings 37.0x on $363.9M net income, trailing 12 months to June 30, 2026

Price / Book 1.9x on $7.2B equity, Q2 FY2026

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 8, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period Q2 FY2026, ended Jun 30, 2026 Reported Aug 10, 2026 Currency USD FYE December

Newest figures come from the 10-Q for Q2 FY2026, filed Aug 10, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the CG SEC filings page.

The Carlyle Group Inc. (CG) reported $3.6B in revenue over the twelve months to Jun 30, 2026, down 41.9% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI CG FY2025 2026-10-03

The reported figures show a financial business whose asset base expanded while cash generation increasingly depended on outside funding.

From FY2023 to FY2025, total assets increased from $21.2B to $29.1B, but operating cash flow moved from $205M to -$3.3B. That divergence suggests the reported expansion was not being funded by internally generated cash, even as the balance sheet grew.

Net income remained positive in FY2025 at $808.7M, while operating cash flow was -$3.3B; accounting earnings and cash generation sharply diverged. Because free cash flow was only modestly below operating cash flow at -$3.4B, capital spending added little to the much larger operating cash deficit.

Total liabilities rose from $16.8B in FY2024 to $22.1B in FY2025, increasing the balance-sheet funding burden as assets expanded. The $4.0B financing inflow in FY2025 alongside negative operating cash flow indicates a funding mix that leaned on financing rather than cash generated by reported activities.

Financial Health Signals

Financial health score not available

The Carlyle Group Inc. does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.

Piotroski F-Score Partial

2/6

The Carlyle Group Inc. passes 2 of 6 computable financial strength tests (3 of the nine could not be computed from available data). 1 of 4 profitability signals pass, all 1 leverage/liquidity signals pass, neither operating efficiency signal passes.

Earnings Quality No Cash Backing

$4.05used

For every $1 of reported earnings, The Carlyle Group Inc. used $4.05 of operating cash (-$3.3B OCF vs $808.7M net income). Earnings that no cash stands behind rest on accounting accruals, which cannot be repeated indefinitely.

Key Financial Metrics

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Earnings & Revenue

Revenue

$1.1B

YoY-28.6%

QoQ+342.3%

5Y CAGR-16.1%

10Y CAGR+6.3%

The Carlyle Group Inc. generated $1.1B in revenue in Q2 2026. This represents a decrease of 28.6% from the same quarter a year earlier. Against the prior quarter it is up 342.3%.

Net Income

$137.1M

YoY-57.1%

QoQ+203.7%

5Y CAGR-31.7%

10Y CAGR+36.5%

The Carlyle Group Inc. reported $137.1M in net income in Q2 2026. This represents a decrease of 57.1% from the same quarter a year earlier. Against the prior quarter it is up 203.7%.

EPS (Diluted)

$0.37

YoY-57.5%

QoQ+200.0%

5Y CAGR-32.0%

10Y CAGR+18.1%

The Carlyle Group Inc. earned $0.37 per diluted share (EPS) in Q2 2026. This represents a decrease of 57.5% from the same quarter a year earlier. Against the prior quarter it is up 200.0%.

EBITDA

Not reported for Q2 2026.

Cash & Balance Sheet

Free Cash Flow

-$32.5M

YoY+82.6%

QoQ+97.4%

The Carlyle Group Inc. recorded an outflow of $32.5M in free cash flow in Q2 2026, representing a cash shortfall after capex. This represents an increase of 82.6% from the same quarter a year earlier. Against the prior quarter it is up 97.4%.

Cash & Debt

$1.3B

YoY-1.5%

QoQ-24.9%

5Y CAGR-4.6%

10Y CAGR+4.5%

The Carlyle Group Inc. held $1.3B in cash as of Q2 2026; long-term debt is not reported for that period.

Dividends Per Share

$0.35

YoY0.0%

QoQ0.0%

The Carlyle Group Inc. paid $0.35 per share in dividends in Q2 2026. That is unchanged from the same quarter a year earlier. It is unchanged from the prior quarter.

Shares Outstanding

356M

YoY-1.5%

QoQ-1.0%

5Y CAGR+0.1%

10Y CAGR+15.9%

The Carlyle Group Inc. had 356M shares outstanding in Q2 2026. This represents a decrease of 1.5% from the same quarter a year earlier. Against the prior quarter it is down 1.0%.

Margins & Returns

Net Margin

12.2%

YoY-8.1pp

QoQ+64.3pp

5Y change-22.0pp

10Y change+11.2pp

The Carlyle Group Inc.'s net profit margin was 12.2% in Q2 2026, showing the share of revenue converted to profit. This is down 8.1 percentage points from the same quarter a year earlier. Against the prior quarter it is up 64.3 percentage points.

Return on Equity

1.9%

YoY-2.9pp

QoQ+3.7pp

5Y change-18.1pp

10Y change+1.6pp

The Carlyle Group Inc.'s ROE was 1.9% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is down 2.9 percentage points from the same quarter a year earlier. Against the prior quarter it is up 3.7 percentage points.

Gross Margin

Not reported for Q2 2026.

Operating Margin

Not reported for Q2 2026.

Capital Allocation

Share Buybacks

$304.1M

YoY+193.5%

QoQ+48.5%

5Y CAGR+82.6%

10Y CAGR+26.0%

The Carlyle Group Inc. spent $304.1M on share buybacks in Q2 2026, returning capital to shareholders by reducing shares outstanding. This represents an increase of 193.5% from the same quarter a year earlier. Against the prior quarter it is up 48.5%.

Capital Expenditures

$32.0M

YoY+82.9%

QoQ+13.9%

5Y CAGR+32.3%

10Y CAGR+22.5%

The Carlyle Group Inc. invested $32.0M in capex in Q2 2026, funding long-term assets and infrastructure. This represents an increase of 82.9% from the same quarter a year earlier. Against the prior quarter it is up 13.9%.

R&D Spending

Not reported for Q2 2026.

CG Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

CG quarterly income statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Revenue	$3.6B	$4.8B-11.9%	$5.4B+83.1%	$3.0B-33.2%	$4.4B-49.5%	$8.8B+199.3%	$2.9B-13.1%	$3.4B+39.1%	$2.4B-34.0%	$3.7B+61.6%	$2.3B-24.3%	$3.0B-22.5%	$3.9B-12.6%	$4.4B+49.4%	$3.0B+4.5%	$2.8B
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$64.4M+105.8%	$31.3M-35.5%	$48.5M	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$3.6B+61.0%	$2.2B-24.2%	$3.0B	N/A	N/A	N/A	N/A
SG&A Expenses	$1.4B	$2.2B-18.4%	$2.7B+13.8%	$2.4B+312.7%	$575.8M+33.4%	$431.7M+23.6%	$349.3M-29.3%	$494.4M+7.3%	$460.7M+66.4%	$276.8M-46.9%	$521.1M-26.9%	$712.8M+35.3%	$526.8M+6.1%	$496.4M+38.9%	$357.5M+10.5%	$323.5M
Interest Expense	$144.9M	$123.9M+2.4%	$121.0M-2.3%	$123.8M+12.1%	$110.4M-2.6%	$113.3M+20.5%	$94.0M+14.5%	$82.1M-0.1%	$82.2M+25.5%	$65.5M+6.9%	$61.3M+5.7%	$58.0M+4.1%	$55.7M+22.4%	$45.5M+85.0%	$24.6M-59.4%	$60.6M
Income Tax	$101.5M	$214.5M-29.1%	$302.6M+390.4%	-$104.2M-136.2%	$287.8M-70.7%	$982.3M+398.1%	$197.2M+302.4%	$49.0M+56.5%	$31.3M-74.9%	$124.9M+316.3%	$30.0M+1328.6%	$2.1M-97.3%	$76.8M-20.2%	$96.2M+138.1%	$40.4M+41.8%	$28.5M
Net Income	$363.9M	$808.7M-20.7%	$1.0B+267.7%	-$608.4M-149.7%	$1.2B-58.8%	$3.0B+754.3%	$348.2M-8.6%	$380.9M+227.0%	$116.5M-52.3%	$244.1M+3714.1%	$6.4M+134.8%	-$18.4M-121.4%	$85.8M-17.6%	$104.1M+412.8%	$20.3M-98.2%	$1.2B
EPS (Basic)	N/A	$2.25-21.1%	$2.85+269.6%	-$1.68-149.6%	$3.39-59.5%	$8.37+745.5%	$0.99-67.5%	$3.05+242.7%	$0.89-65.5%	$2.58+3125.0%	$0.08+133.3%	-$0.24-117.8%	$1.35-39.7%	$2.24+366.7%	$0.48	N/A
EPS (Diluted)	$0.96	$2.18-21.3%	$2.77+264.9%	-$1.68-150.1%	$3.35-59.1%	$8.20+745.4%	$0.97	$2.82	$0.82-65.5%	$2.38+3075.0%	-$0.08+73.3%	-$0.30-124.4%	$1.23-40.0%	$2.05+400.0%	$0.41	N/A
Diluted Shares (Avg)	N/A	371M+0.8%	368M+1.8%	361M-1.2%	366M+0.9%	363M+1.2%	358M	123M	113M+13.3%	100M-67.6%	309M+3.3%	299M+336.4%	68M-75.4%	278M+7.1%	260M	N/A

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Revenue	$1.1B-28.6%	$254.0M-73.9%	$1.9B+84.1%	$332.7M-87.4%	$1.6B+47.0%	$973.1M+41.4%	$1.0B+11.5%	$2.6B+267.7%
SG&A Expenses	$471.5M-39.2%	-$21.0M-104.3%	$955.7M+94.4%	-$17.7M-101.2%	$774.9M+62.9%	$493.3M+91.6%	$491.7M-71.0%	$1.5B+432.2%
Interest Expense	$38.2M+36.4%	$38.6M+38.8%	$38.3M+29.8%	$29.8M-1.7%	$28.0M-7.9%	$27.8M-9.7%	$29.5M-7.8%	$30.3M-3.5%
Income Tax	$49.0M-56.4%	-$37.1M-399.2%	$116.3M+205.2%	-$26.7M-115.4%	$112.5M+61.9%	$12.4M-43.4%	$38.1M+122.1%	$173.1M+320.1%
Net Income	$137.1M-57.1%	-$132.2M-201.7%	$358.1M+69.8%	$900K-99.8%	$319.7M+115.7%	$130.0M+98.2%	$210.9M+130.5%	$595.7M+632.7%
EPS (Basic)	$0.38-57.3%	-$0.37-202.8%	$1.00+69.5%	$0.00-100.0%	$0.89+117.1%	$0.36+100.0%	$0.59+130.9%	$1.67+626.1%
EPS (Diluted)	$0.37-57.5%	-$0.37-205.7%	$0.96+71.4%	$0.00-100.0%	$0.87+117.5%	$0.35+94.4%	$0.56+129.3%	$1.63+640.9%
Diluted Shares (Avg)	367M+0.1%	359M-2.0%	N/A	376M+3.2%	367M0.0%	366M-0.8%	N/A	365M+0.3%

Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, Operating Income, EBITDA.

CG Balance Sheet

CG quarterly balance sheet

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Total Assets	$29.1B+26.0%	$23.1B+9.1%	$21.2B-1.1%	$21.4B+0.7%	$21.3B+35.8%	$15.6B+13.3%	$13.8B+6.9%	$12.9B+5.2%	$12.3B+23.1%	$10.0B-69.0%	$32.2B-10.6%	$36.0B+1.0%	$35.6B+12.8%	$31.6B+28.1%	$24.7B
Cash & Equivalents	$2.0B+55.6%	$1.3B-12.1%	$1.4B+5.8%	$1.4B-44.9%	$2.5B+150.1%	$987.6M+24.5%	$793.4M+26.0%	$629.6M-37.0%	$1.0B+49.1%	$670.9M-32.3%	$991.5M-20.2%	$1.2B+28.5%	$966.6M+70.4%	$567.1M+11.3%	$509.6M
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	$104.6M+1.0%	$103.6M-0.4%	$104.0M+0.1%	$103.9M+681.2%	$13.3M-20.8%	$16.8M+4.3%	$16.1M+5.2%	$15.3M+37.8%	$11.1M+9.9%	$10.1M-73.6%	$38.3M-19.4%	$47.5M+17.9%	$40.3M+8.9%	$37.0M+0.5%	$36.8M
Total Liabilities	$22.1B+31.6%	$16.8B+8.9%	$15.4B+5.6%	$14.6B-6.2%	$15.5B+22.3%	$12.7B+17.3%	$10.8B+7.6%	$10.1B+8.0%	$9.3B+9.5%	$8.5B-63.4%	$23.3B+0.5%	$23.1B+10.7%	$20.9B+16.2%	$18.0B+32.6%	$13.6B
Long-Term Debt	N/A	N/A	N/A	$2.3B+9.7%	$2.1B+5.1%	$2.0B-0.3%	$2.0B+27.5%	$1.6B-1.5%	$1.6B+24.4%	$1.3B+11.4%	$1.1B+366.2%	$243.6M-20.2%	$305.3M	N/A	N/A
Total Equity	$7.1B+11.2%	$6.3B+9.7%	$5.8B-15.2%	$6.8B+19.5%	$5.7B+94.7%	$2.9B-1.3%	$3.0B+4.7%	$2.8B-3.8%	$2.9B+102.8%	$1.5B-83.7%	$8.9B-30.6%	$12.9B-12.7%	$14.7B+8.4%	$13.6B+48.2%	$9.2B
Retained Earnings	$1.6B-19.5%	$2.0B-2.0%	$2.1B-38.8%	$3.4B+21.2%	$2.8B+705.7%	$348.2M	$0	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Total Assets	$28.2B+12.5%	$29.8B+23.8%	$29.1B+26.0%	$27.1B+19.4%	$25.1B+12.5%	$24.1B+15.6%	$23.1B+9.1%	$22.7B+8.1%
Cash & Equivalents	$1.3B-1.5%	$1.7B+40.6%	$2.0B+55.6%	$2.2B+61.4%	$1.3B+39.5%	$1.2B-6.8%	$1.3B-12.1%	$1.4B+8.6%
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	N/A	N/A	$104.6M+1.0%	$104.6M+0.5%	$104.5M+0.6%	$103.9M0.0%	$103.6M-0.4%	$104.1M+0.3%
Total Liabilities	$21.0B+14.3%	$22.5B+26.9%	$22.1B+31.6%	$20.2B+23.8%	$18.4B+10.8%	$17.7B+17.2%	$16.8B+8.9%	$16.3B+12.9%
Total Equity	$7.2B+7.4%	$7.4B+15.5%	$7.1B+11.2%	$6.8B+8.0%	$6.7B+17.2%	$6.4B+11.2%	$6.3B+9.7%	$6.3B-2.6%
Retained Earnings	$873.8M-55.2%	$1.2B-37.1%	$1.6B-19.5%	$1.6B-20.5%	$1.9B+14.2%	$1.9B-0.2%	$2.0B-2.0%	$2.0B-29.9%

Not reported in any period shown, so not listed: Current Assets, Inventory, Accounts Receivable, Current Liabilities, Non-Current Liabilities, Long-Term Debt.

CG Cash Flow Statement

CG quarterly cash flow statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Operating Cash Flow	-$4.0B	-$3.3B-331.3%	-$759.5M-470.7%	$204.9M+154.0%	-$379.3M-121.2%	$1.8B+1158.5%	-$169.2M-147.2%	$358.6M+204.4%	-$343.5M-4738.0%	-$7.1M+97.6%	-$300.6M-107.7%	$3.9B+47.5%	$2.6B-11.6%	$3.0B+47.6%	$2.0B-24.3%	$2.7B
Depreciation & Amortization	N/A	$192.1M+4.3%	$184.1M+1.9%	$180.6M+22.5%	$147.4M+183.5%	$52.0M-0.2%	$52.1M-20.6%	$65.6M+39.9%	$46.9M+13.6%	$41.3M	N/A	N/A	$192.1M+17.4%	$163.6M+51.8%	$107.8M+29.7%	$83.1M
Stock-Based Compensation	N/A	$374.7M-19.9%	$467.9M+87.8%	$249.1M+61.8%	$154.0M-5.6%	$163.1M+55.3%	$105.0M-25.0%	$140.0M-41.6%	$239.9M-25.1%	$320.3M-4.3%	$334.6M-11.5%	$378.0M+9.9%	$344.0M+6.7%	$322.4M+59.8%	$201.7M	N/A
Capital Expenditures	$125.3M	$99.4M+27.9%	$77.7M+16.7%	$66.6M+64.0%	$40.6M-1.9%	$41.4M-32.4%	$61.2M+120.1%	$27.8M-11.2%	$31.3M-7.9%	$34.0M+33.9%	$25.4M-59.2%	$62.3M+109.8%	$29.7M+0.7%	$29.5M-9.8%	$32.7M-4.4%	$34.2M
Free Cash Flow	-$4.1B	-$3.4B-303.1%	-$837.2M-705.4%	$138.3M+132.9%	-$419.9M-124.0%	$1.7B+859.4%	-$230.4M-169.6%	$330.8M+188.3%	-$374.8M-811.9%	-$41.1M+87.4%	-$326.0M-108.5%	$3.8B+46.8%	$2.6B-11.8%	$3.0B+48.6%	$2.0B-24.5%	$2.6B
Investing Cash Flow	-$125.3M	-$99.4M-28.1%	-$77.6M-78.0%	-$43.6M+94.7%	-$828.8M-2473.9%	-$32.2M+47.4%	-$61.2M-120.1%	-$27.8M+71.9%	-$99.1M-191.5%	-$34.0M-33.9%	-$25.4M-18.1%	-$21.5M-158.1%	$37.0M+127.4%	-$135.1M-7.1%	-$126.1M-20.3%	-$104.8M
Financing Cash Flow	$4.1B	$4.0B+484.4%	$682.8M+785.5%	-$99.6M-186.8%	$114.8M+147.3%	-$242.5M-165.5%	$370.3M+348.2%	-$149.2M-307.2%	$72.0M-77.4%	$318.6M+1982.4%	$15.3M+100.4%	-$4.0B-74.9%	-$2.3B+8.4%	-$2.5B-36.0%	-$1.8B+31.3%	-$2.7B
Dividends Paid	$504.5M	$505.1M+0.4%	$503.0M+1.1%	$497.7M+12.2%	$443.6M+24.7%	$355.8M+1.3%	$351.3M+126.8%	$154.9M+19.3%	$129.8M+9.9%	$118.1M-16.2%	$140.9M-43.9%	$251.0M+144.4%	$102.7M+71.5%	$59.9M+412.0%	$11.7M	N/A
Share Buybacks	$915.3M	$686.5M+23.8%	$554.6M+172.5%	$203.5M+9.6%	$185.6M+14.7%	$161.8M+512.9%	$26.4M-23.5%	$34.5M-67.9%	$107.5M+53650.0%	$200K-99.7%	$58.9M	$0	$0	N/A	N/A	N/A

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Operating Cash Flow	-$500K+99.7%	-$1.2B-252.9%	-$1.2B-238.7%	-$1.6B-296.9%	-$168.8M+86.7%	-$352.1M-595.2%	-$352.8M-238.8%	$791.9M-1.0%
Depreciation & Amortization	$51.3M+7.5%	$50.5M+7.7%	$49.0M+4.0%	$48.5M+5.0%	$47.7M+4.8%	$46.9M+3.5%	$47.1M+8.0%	$46.2M-5.5%
Stock-Based Compensation	$116.0M+24.9%	$119.8M+15.7%	N/A	$90.7M-25.4%	$92.9M-25.8%	$103.5M-4.4%	N/A	$121.6M+88.8%
Capital Expenditures	$32.0M+82.9%	$28.1M+68.3%	$42.0M+57.3%	$23.2M+21.5%	$17.5M-1.1%	$16.7M+17.6%	$26.7M+57.1%	$19.1M+11.7%
Free Cash Flow	-$32.5M+82.6%	-$1.3B-244.5%	-$1.2B-226.0%	-$1.6B-304.8%	-$186.3M+85.5%	-$368.8M-748.2%	-$379.5M-260.1%	$772.8M-1.3%
Investing Cash Flow	-$32.0M-82.9%	-$28.1M-68.3%	-$42.0M-57.3%	-$23.2M-65.7%	-$17.5M+22.9%	-$16.7M-17.6%	-$26.7M-165.3%	-$14.0M+52.1%
Financing Cash Flow	-$359.8M-256.3%	$988.3M+233.2%	$975.0M+212.4%	$2.5B+818.2%	$230.2M-75.4%	$296.6M+236.9%	$312.1M+305.1%	-$346.5M+2.5%
Dividends Paid	$125.7M-0.5%	$126.4M0.0%	$125.9M+0.6%	$126.5M+0.8%	$126.3M+0.6%	$126.4M-0.2%	$125.2M-0.9%	$125.5M-0.6%
Share Buybacks	$304.1M+193.5%	$204.8M+16.0%	$203.7M+168.7%	$202.7M+34.7%	$103.6M-41.9%	$176.5M+17.7%	$75.8M+37800.0%	$150.5M+250.8%

CG Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

CG quarterly financial ratios

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	98.3%-0.4pp	98.6%+0.2pp	98.4%	N/A	N/A	N/A	N/A
Net Margin	16.9%-1.9pp	18.8%+39.3pp	-20.5%-48.1pp	27.6%-6.3pp	33.9%+22.0pp	11.9%+0.6pp	11.3%+6.5pp	4.8%-1.8pp	6.6%+6.4pp	0.3%+0.9pp	-0.6%-2.8pp	2.2%-0.1pp	2.3%+1.7pp	0.7%-39.9pp	40.6%
Return on Equity	11.5%-4.6pp	16.1%+26.6pp	-10.5%-28.5pp	18.0%-34.2pp	52.1%+40.3pp	11.9%-0.9pp	12.8%+8.7pp	4.1%-4.2pp	8.3%+7.8pp	0.4%+0.7pp	-0.2%-0.9pp	0.7%0.0pp	0.7%+0.6pp	0.1%-12.4pp	12.6%
Return on Assets	2.8%-1.6pp	4.4%+7.3pp	-2.9%-8.6pp	5.7%-8.3pp	14.0%+11.8pp	2.2%-0.5pp	2.8%+1.9pp	0.9%-1.1pp	2.0%+1.9pp	0.1%+0.1pp	-0.1%-0.3pp	0.2%-0.1pp	0.3%+0.2pp	0.1%-4.6pp	4.7%
Debt-to-Equity	3.13+0.5x	2.640.0x	2.66+2.3x	0.330.0x	0.36-0.3x	0.670.0x	0.67+0.1x	0.550.0x	0.53-0.3x	0.87+0.7x	0.13+0.1x	0.020.0x	0.02-1.3x	1.32-0.2x	1.48
Asset Turnover	0.16-0.1x	0.23+0.1x	0.14-0.1x	0.21-0.2x	0.41+0.2x	0.19-0.1x	0.24+0.1x	0.19-0.1x	0.30+0.1x	0.23+0.1x	0.090.0x	0.110.0x	0.120.0x	0.090.0x	0.12
FCF Margin	-70.6%-55.2pp	-15.4%-20.1pp	4.7%+14.1pp	-9.5%-29.4pp	19.9%+27.8pp	-7.8%-17.6pp	9.8%+25.2pp	-15.4%-14.3pp	-1.1%+13.2pp	-14.3%	127.8%	67.4%+0.7pp	66.8%-0.4pp	67.1%-25.8pp	92.9%

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Net Margin	12.2%-8.1pp	-52.0%-65.4pp	18.8%-1.6pp	0.3%-22.3pp	20.3%+6.5pp	13.4%+3.8pp	20.4%+95.1pp	22.6%+11.3pp
Return on Equity	1.9%-2.9pp	-1.8%-3.8pp	5.1%+1.8pp	0.0%-9.4pp	4.8%+2.2pp	2.0%+0.9pp	3.3%+15.3pp	9.4%+8.2pp
Return on Assets	0.5%-0.8pp	-0.4%-1.0pp	1.2%+0.3pp	0.0%-2.6pp	1.3%+0.6pp	0.5%+0.2pp	0.9%+4.2pp	2.6%+2.2pp
Debt-to-Equity	2.91+0.2x	3.05+0.3x	3.13+0.5x	2.95+0.4x	2.73-0.2x	2.77+0.1x	2.640.0x	2.58+0.4x
Asset Turnover	0.040.0x	0.010.0x	0.070.0x	0.01-0.1x	0.060.0x	0.040.0x	0.040.0x	0.12+0.1x
FCF Margin	-2.9%+9.0pp	-500.2%	-65.1%-28.3pp	-475.7%	-11.8%	-37.9%-46.2pp	-36.8%-62.4pp	29.3%

Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Current Ratio.

Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: FCF Margin.

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company	Fiscal year	Revenue	Net income	Net margin	Market cap	Health score
The Carlyle Group Inc. CG	FY2025	$4.8B	$808.7M	16.9%	$13.5B	—
TPG Inc. TPG	FY2025	$4.7B	$184.6M	4.0%	$7.4B	26/100
T Rowe Price Group Inc TROW	FY2025	$7.3B	$2.1B	28.5%	$22.2B	51/100
Northern Trust Corp NTRS	FY2025	$8.1B	$1.7B	21.5%	$30.8B	27/100
Blue Owl Capital Inc. OWL	FY2025	$2.9B	$305.5M	10.6%	$6.2B	38/100
Raymond James Financial, Inc. RJF	FY2025	$14.1B	$2.1B	15.2%	$30.2B	21/100

Where The Carlyle Group Inc. Ranks

Frequently Asked Questions

What is The Carlyle Group Inc.'s annual revenue?

The Carlyle Group Inc. (CG) reported $4.8B in total revenue for fiscal year 2025. This represents a -11.9% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is The Carlyle Group Inc.'s revenue growing?

The Carlyle Group Inc. (CG) revenue declined by 11.9% year-over-year, from $5.4B to $4.8B in fiscal year 2025.

Is The Carlyle Group Inc. profitable?

Yes, The Carlyle Group Inc. (CG) reported a net income of $808.7M in fiscal year 2025, with a net profit margin of 16.9%.

What is The Carlyle Group Inc.'s net profit margin?

The Carlyle Group Inc. (CG) had a net profit margin of 16.9% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Does The Carlyle Group Inc. pay dividends?

Yes, The Carlyle Group Inc. (CG) paid $1.40 per share in dividends during fiscal year 2025.

What is The Carlyle Group Inc.'s return on equity (ROE)?

The Carlyle Group Inc. (CG) has a return on equity of 11.5% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is The Carlyle Group Inc.'s free cash flow?

The Carlyle Group Inc. (CG) recorded an outflow of $3.4B in free cash flow during fiscal year 2025. This represents a -303.1% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is The Carlyle Group Inc.'s operating cash flow?

The Carlyle Group Inc. (CG) recorded an outflow of $3.3B in operating cash flow during fiscal year 2025, representing cash used by core business activities.

What are The Carlyle Group Inc.'s total assets?

The Carlyle Group Inc. (CG) had $29.1B in total assets as of fiscal year 2025, including both current and long-term assets.

What are The Carlyle Group Inc.'s capital expenditures?

The Carlyle Group Inc. (CG) invested $99.4M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

Does The Carlyle Group Inc. buy back shares?

Yes, The Carlyle Group Inc. (CG) spent $686.5M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

How many shares does The Carlyle Group Inc. have outstanding?

The Carlyle Group Inc. (CG) had 361M shares outstanding as of fiscal year 2025.

What is The Carlyle Group Inc.'s debt-to-equity ratio?

The Carlyle Group Inc. (CG) had a debt-to-equity ratio of 3.13 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is The Carlyle Group Inc.'s return on assets (ROA)?

The Carlyle Group Inc. (CG) had a return on assets of 2.8% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is The Carlyle Group Inc.'s P/E ratio?

The Carlyle Group Inc. (CG) trades at 37.0x earnings, its market capitalization divided by net income of $363.9M net income, trailing 12 months to June 30, 2026. The market capitalization is $13.5B as of Oct 8, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is The Carlyle Group Inc.'s price-to-sales ratio?

The Carlyle Group Inc. (CG) trades at 3.7x sales, its market capitalization divided by revenue of $3.6B revenue, trailing 12 months to June 30, 2026. The market capitalization is $13.5B as of Oct 8, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is The Carlyle Group Inc.'s Piotroski F-Score?

The Carlyle Group Inc. (CG) has a Piotroski F-Score of 2 out of 6 computable signals; 3 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are The Carlyle Group Inc.'s earnings high quality?

For every $1 of reported earnings, The Carlyle Group Inc. (CG) used $4.05 of operating cash (-$3.3B OCF vs $808.7M net income). Earnings that no cash stands behind rest on accounting accruals, which cannot be repeated indefinitely. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.