(CG) Carlyle - Ratings and Ratios

Exchange: NASDAQ • Country: United States • Currency: USD • Type: Common Stock • ISIN: US14316J1088

Private Equity, Real Assets, Credit, Infrastructure, Venture

EPS (Earnings per Share)

EPS (Earnings per Share) of CG over the last years for every Quarter: "2020-09": 0.4, "2020-12": 0.64, "2021-03": 0.58, "2021-06": 0.88, "2021-09": 1.54, "2021-12": 2.01, "2022-03": 0.74, "2022-06": 1.17, "2022-09": 1.42, "2022-12": 1.01, "2023-03": 0.63, "2023-06": 0.88, "2023-09": 0.87, "2023-12": 0.86, "2024-03": 1.01, "2024-06": 0.78, "2024-09": 0.95, "2024-12": 0.92, "2025-03": 1.14, "2025-06": 0.91, "2025-09": 0.96,

Revenue

Revenue of CG over the last years for every Quarter: 2020-09: 807.9, 2020-12: 1096.9, 2021-03: 1582.9, 2021-06: 1709.7, 2021-09: 1144.2, 2021-12: 1386.8, 2022-03: 1213.9, 2022-06: 818.5, 2022-09: 894.7, 2022-12: 647.3, 2023-03: 756.9, 2023-06: 569.9, 2023-09: 761.2, 2023-12: -220.9, 2024-03: 754.2, 2024-06: 920.4, 2024-09: 1486.7, 2024-12: 927, 2025-03: 807.8, 2025-06: 780.5, 2025-09: 573.4,

Dividends

Dividend Yield 2.57%
Yield on Cost 5y 5.77%
Yield CAGR 5y 8.78%
Payout Consistency 91.2%
Payout Ratio 35.6%
Risk via 10d forecast
Volatility 35.7%
Value at Risk 5%th 58.0%
Relative Tail Risk -1.31%
Reward TTM
Sharpe Ratio 0.23
Alpha -21.10
CAGR/Max DD 0.63
Character TTM
Hurst Exponent 0.426
Beta 1.715
Beta Downside 2.108
Drawdowns 3y
Max DD 38.53%
Mean DD 11.39%
Median DD 9.80%

Description: CG Carlyle October 16, 2025

The Carlyle Group Inc. (NASDAQ: CG) is a global alternative-asset manager that deploys capital through both direct investments and fund-of-fund structures, targeting a broad spectrum of strategies from leveraged buyouts and distressed credit to venture-stage growth and structured finance.

Its operations are organized into four core segments-Corporate Private Equity, Real Assets, Global Market Strategies, and Solutions-allowing it to invest across more than 30 industries, including industrial manufacturing, aerospace & defense, fintech, renewable energy, and consumer retail. This diversification lets Carlyle capture value from macro-driven trends such as infrastructure spending, ESG-focused capital flows, and the ongoing digital transformation of traditional sectors.

As of the most recent filing, Carlyle reported approximately $426 billion in assets under management, generating $5.2 billion of revenue in 2023 with a net income margin of roughly 12 %, while fee-related earnings grew 8 % year-over-year, reflecting strong fundraising momentum and higher fee-related earnings from its expanding private-equity and real-asset platforms. For investors seeking deeper quantitative analysis, a look-up on ValueRay can provide granular, up-to-date performance metrics and scenario modeling tools.

Piotroski VR‑10 (Strict, 0-10) 2.5

Net Income (342.7m TTM) > 0 and > 6% of Revenue (6% = 185.3m TTM)
FCFTA -0.09 (>2.0%) and ΔFCFTA -8.33pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)
NWC/Revenue 97.14% (prev 83.71%; Δ 13.43pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)
CFO/TA -0.09 (>3.0%) and CFO -2.43b <= Net Income 342.7m (YES >=105%, WARN >=100%)
Net Debt (8.92b) to EBITDA (664.7m) ratio: 13.43 <= 3.0 (WARN <= 3.5)
Current Ratio 22.63 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)
Outstanding Shares last Quarter (360.1m) change vs 12m ago -1.46% (target <= -2.0% for YES)
Gross Margin 83.68% (prev 76.77%; Δ 6.91pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)
Asset Turnover 12.43% (prev 12.98%; Δ -0.55pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)
Interest Coverage Ratio 0.73 (EBITDA TTM 664.7m / Interest Expense TTM 711.2m) >= 6 (WARN >= 3)

Altman Z'' 1.15

(A) 0.11 = (Total Current Assets 3.14b - Total Current Liabilities 138.7m) / Total Assets 27.06b
(B) 0.06 = Retained Earnings (Balance) 1.62b / Total Assets 27.06b
(C) 0.02 = EBIT TTM 522.2m / Avg Total Assets 24.86b
(D) 0.08 = Book Value of Equity 1.62b / Total Liabilities 20.21b
Total Rating: 1.15 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 26.23

1. Piotroski 2.50pt
2. FCF Yield -10.09%
3. FCF Margin -81.50%
4. Debt/Equity 1.69
5. Debt/Ebitda 13.43
6. ROIC - WACC (= -4.87)%
7. RoE 5.80%
8. Rev. Trend -5.07%
9. EPS Trend -30.00%

What is the price of CG shares?

As of November 29, 2025, the stock is trading at USD 54.53 with a total of 1,226,862 shares traded.
Over the past week, the price has changed by +5.43%, over one month by -4.88%, over three months by -14.78% and over the past year by +5.18%.

Is CG a buy, sell or hold?

Carlyle has received a consensus analysts rating of 3.56. Therefor, it is recommend to hold CG.
  • Strong Buy: 4
  • Buy: 3
  • Hold: 10
  • Sell: 1
  • Strong Sell: 0

What are the forecasts/targets for the CG price?

Issuer Target Up/Down from current
Wallstreet Target Price 65.4 19.9%
Analysts Target Price 65.4 19.9%
ValueRay Target Price 57.2 5%

CG Fundamental Data Overview November 25, 2025

Market Cap USD = 18.71b (18.71b USD * 1.0 USD.USD)
P/E Trailing = 29.0562
P/E Forward = 10.3842
P/S = 5.8309
P/B = 3.3177
P/EG = 0.9112
Beta = 2.057
Revenue TTM = 3.09b USD
EBIT TTM = 522.2m USD
EBITDA TTM = 664.7m USD
Long Term Debt = unknown (none)
Short Term Debt = 458.2m USD (from shortTermDebt, last fiscal year)
Debt = 9.50b USD (from shortLongTermDebtTotal, last fiscal year)
Net Debt = 8.92b USD (from netDebt column, last quarter)
Enterprise Value = 24.94b USD (18.71b + Debt 9.50b - CCE 3.26b)
Interest Coverage Ratio = 0.73 (Ebit TTM 522.2m / Interest Expense TTM 711.2m)
FCF Yield = -10.09% (FCF TTM -2.52b / Enterprise Value 24.94b)
FCF Margin = -81.50% (FCF TTM -2.52b / Revenue TTM 3.09b)
Net Margin = 11.10% (Net Income TTM 342.7m / Revenue TTM 3.09b)
Gross Margin = 83.68% ((Revenue TTM 3.09b - Cost of Revenue TTM 504.1m) / Revenue TTM)
Gross Margin QoQ = 100.0% (prev 73.47%)
Tobins Q-Ratio = 0.92 (Enterprise Value 24.94b / Total Assets 27.06b)
Interest Expense / Debt = 2.18% (Interest Expense 207.1m / Debt 9.50b)
Taxrate = -31.12% (negative due to tax credits) (-26.7m / 85.8m)
NOPAT = 684.7m (EBIT 522.2m * (1 - -31.12%)) [negative tax rate / tax credits]
Current Ratio = 22.63 (Total Current Assets 3.14b / Total Current Liabilities 138.7m)
Debt / Equity = 1.69 (Debt 9.50b / totalStockholderEquity, last quarter 5.62b)
Debt / EBITDA = 13.43 (Net Debt 8.92b / EBITDA 664.7m)
Debt / FCF = -3.55 (negative FCF - burning cash) (Net Debt 8.92b / FCF TTM -2.52b)
Total Stockholder Equity = 5.91b (last 4 quarters mean from totalStockholderEquity)
RoA = 1.27% (Net Income 342.7m / Total Assets 27.06b)
RoE = 5.80% (Net Income TTM 342.7m / Total Stockholder Equity 5.91b)
RoCE = 1.94% (EBIT 522.2m / Capital Employed (Total Assets 27.06b - Current Liab 138.7m))
RoIC = 4.28% (NOPAT 684.7m / Invested Capital 16.01b)
WACC = 9.15% (E(18.71b)/V(28.20b) * Re(12.34%) + D(9.50b)/V(28.20b) * Rd(2.18%) * (1-Tc(-0.31)))
Discount Rate = 12.34% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -33.33 | Cagr: -0.09%
Fair Price DCF = unknown (Cash Flow -2.52b)
EPS Correlation: -30.00 | EPS CAGR: -17.89% | SUE: -0.73 | # QB: 0
Revenue Correlation: -5.07 | Revenue CAGR: -20.98% | SUE: -0.50 | # QB: 0

Additional Sources for CG Stock

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Fund Manager Positions: Dataroma | Stockcircle