Carlyle Group Inc.

CG Financial Asset Management

Carlyle Group Inc.’s revenue for fiscal 2025 (year ended December 2025) was $4.8 billion, down 11.9% from fiscal 2024. In the quarter to June 2026, revenue fell 28.6%, EPS fell 57.3%, free cash flow grew 82.6% and total debt rose 35.2%, each against the same quarter a year earlier. Dividend growth for five consecutive years.

36.38 0.43 −1.17%
Market cap
$13.1B
P/E
36.0×
Fwd P/E
11.9×
Dividend yield
3.85%
F-score
2/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a
Dec '16 Dec '17 Dec '18 Dec '19 Dec '20 Dec '21 Dec '22 Dec '23 Dec '24 Dec '25
Piotroski F-Score
4 4 2 6 2 6 3 2 6 2
P/E ratio
222.86 8.89 17.12 10.28 32.41 6.55 8.82 0.00 17.72 26.27
P/S ratio
0.57 0.58 0.68 1.07 3.75 2.22 2.44 4.88 3.34 4.45
P/FCF ratio
0.00 0.00 0.00 10.97 0.00 11.15 0.00 0.00 0.00 0.00
P/Operating CF
(3.01) (3.71) (3.74) (6.42) (188.03) 39.92 (89.69) 56.88 (51.32) (17.79)
P/B ratio
0.89 0.84 0.67 1.22 3.76 3.42 1.59 2.50 2.85 3.01
EV/Sales
1.74 0.36 2.94 2.77 3.42 1.60 1.50 3.87 2.59 4.25
EV/EBITDA
7.87 0.86 11.00 6.09 11.01 3.21 3.20 99.19 6.29 10.26
EV/FCF
(12.11) (32.34) (19.07) 28.30 (43.55) 8.01 (6.43) (23.90) (9.67) (5.09)
Current Ratio
1.33 2.63 0.53 0.38 2.25 2.44 2.58 2.27 2.32 2.33
Net Debt/EBITDA
5.30 (0.53) 8.48 3.73 (1.08) (1.26) (2.00) (25.72) (1.80) (0.47)
Debt/Equity
3.58 1.99 2.25 2.25 2.57 1.40 1.20 1.52 1.42 1.90
ROE
0.17% 11.86% 3.71% 12.75% 11.80% 68.89% 19.56% (9.65%) 16.82% 12.07%
ROA
0.03% 2.14% 0.74% 2.58% 2.36% 16.13% 5.74% (2.86%) 4.61% 3.10%
ROIC
0.49% 30.61% 2.67% 9.03% 19.32% 1,181.60% 37.93% (13.53%) 36.86% 10.63%
Return on Tangible Assets
0.75% 5.09% (7.56%) (17.38%) 6.85% 35.44% 15.07% (8.44%) 12.47% 8.96%
Average Days of Receivables
41.20 31.20 86.69 37.65 44.98 21.55 56.02 102.53 70.14 79.51
Earnings Yield
0.45% 11.24% 5.84% 9.73% 3.09% 15.26% 11.34% (4.20%) 5.64% 3.81%
Free Cash Flow Yield
(25.26%) (1.91%) (22.84%) 9.12% (2.09%) 8.97% (9.58%) (3.32%) (8.04%) (18.78%)
Free Cash Flow per Share
(3.94) (0.45) (3.60) 2.93 (0.66) 4.93 (2.87) 0.38 (2.33) (9.38)
Book value per Share
17.58 32.01 27.22 26.26 8.36 16.06 18.88 16.01 17.70 19.62
Free Cash Flow
(326.00) (41.10) (374.80) 330.80 (230.40) 1,749.60 (1,038.30) 138.30 (837.20) (3,374.90)
EV/EBIT
9.19 0.88 11.86 6.36 11.68 3.25 3.45 0.00 6.85 11.36
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