CG

The Carlyle Group Inc.

Fundamental data last updated:August 15, 2026

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company profile

SECTOR

Financial Services

industry

Asset Management

Exchange

NASDAQ

County of HQ

US

Next Earnings Date

Pending Announcement

Business Summary

The Carlyle Group Inc. is an investment firm specializing in direct and fund of fund investments. Within direct investments, it specializes in management-led/ Leveraged buyouts, privatizations, divestitures, strategic minority equity investments, structured credit, global distressed and corporate opportunities, small and middle market, equity private placements, consolidations and buildups, senior debt, mezzanine and leveraged finance, and venture and growth capital financings, seed/startup, early venture, emerging growth, turnaround, mid venture, late venture, PIPES. The firm invests across four segments which include Corporate Private Equity, Real Assets, Global Market Strategies, and Solutions. The firm typically invests in industrial, agribusiness, ecological sector, fintech, airports, parking, Plastics, Rubber, diversified natural resources, minerals, farming, aerospace, defense, automotive, consumer, retail, industrial, infrastructure, energy, power, healthcare, software, software enabled services, semiconductors, communications infrastructure, financial technology, utilities, gaming, systems and related supply chain, electronic systems, systems, oil and gas, processing facilities, power generation assets, technology, systems, real estate, financial services, transportation, business services, telecommunications, media, and logistics sectors. Within the industrial sector, the firm invests in manufacturing, building products, packaging, chemicals, metals and mining, forestry and paper products, and industrial consumables and services. In consumer and retail sectors, it invests in food and beverage, retail, restaurants, consumer products, domestic consumption, consumer services, personal care products, direct marketing, and education. Within aerospace, defense, business services, and government services sectors, it seeks to invest in defense electronics, manufacturing and services, government contracting and services, information technology, distribution companies. In telecommunication and media sectors, it invests in cable TV, directories, publishing, entertainment and content delivery services, wireless infrastructure/services, fixed line networks, satellite services, broadband and Internet, and infrastructure. Within real estate, the firm invests in office, hotel, industrial, retail, for sale residential, student housing, hospitality, multifamily residential, homebuilding and building products, and senior living sectors. The firm seeks to make investments in growing business including those with overleveraged balance sheets. The firm seeks to hold its investments for four to six years. In the healthcare sector, it invests in healthcare services, outsourcing services, companies running clinical trials for pharmaceutical companies, managed care, pharmaceuticals, pharmaceutical related services, healthcare IT, medical, products, and devices. It seeks to invest in companies based in Sub-Saharan focusing on Ghana, Kenya, Mozambique, Botswana, Nigeria, Uganda, West Africa, North Africa and South Africa focusing on Tanzania and Zambia; Asia focusing on Pakistan, India, South East Asia, Indonesia, Philippines, Vietnam, Korea, and Japan; Australia; New Zealand; Europe focusing on France, Italy, Denmark, United Kingdom, Germany, Austria, Belgium, Finland, Iceland, Ireland, Netherlands, Norway, Portugal, Spain, Benelux , Sweden, Switzerland, Hungary, Poland, and Russia; Middle East focusing on Bahrain, Jordan, Kuwait, Lebanon, Oman, Qatar, Saudi Arabia, Turkey, and UAE; North America focusing on United States which further invest in Southeastern United States, Texas, Boston, San Francisco Bay Area and Pacific Northwest; Asia Pacific; Soviet Union, Central-Eastern Europe, and Israel; Nordic region; and South America focusing on Mexico, Argentina, Brazil, Chile, and Peru. The firm seeks to invest in food, financial, and healthcare industries in Western China. In the real estate sector, the firm seeks to invest in various locations across Europe focusing on France and Central Europe, United States, Asia focusing on China, and Latin America. It typically invests between $1 million and $50 million for venture investments and between $50 million and $2 billion for buyouts in companies with enterprise value of between $31.57 million and $1000 million and sales value of $10 million and $500 million. It seeks to invest in companies with market capitalization greater than $50 million and EBITDA between $5 million to $25 million. It prefers to take a majority or a minority stake. It typically holds its investments for three to five years. Within automotive and transportation sectors, the firm seeks to hold its investments in for four to six years. While investing in Japan, it does not invest in companies with more than 1,000 employees and prefers companies' worth between $100 million and $150 million. The firm originates, structures, and acts as lead equity investor in the transactions. The Carlyle Group Inc. was founded in 1987 and is based in Washington, District of Columbia with additional offices in 21 countries across 5 continents (North America, South America, Asia, Australia and Europe).

 


VALUATION

P/E

30.24

Market Cap ($M USD)

$16.56B

Forward P/E

7.47

PEG

0.02

PRICE TO SALES

4.15

PRICE TO BOOK

3.06

EV / EBITDA

28.07

5-Year Average P/E

Free Cash Flow Yield

-5.54%

DCF Value

$30.77

Graham Number

$22.69

Price to FCF

-18.05

EV to FCF

-30.97

Earnings Yield

3.31%

FCF Yield

-5.54%

DIVIDEND

Yield

3.04%

Annual Payout

$1.40

Payout Ratio

92.42%

Consecutive Years of Dividend Growth

5-Year Dividend Growth Rate

Financial Health & Profitability

Earnings Per Share

$1.52

Next Year EPS Growth Estimate

$6.16

Next Year Revenue Growth Estimate

$5.93B

Return on Equity (ROE)

9.65%

FREE CASH FLOW

Operating Margin

22.21%

Debt-to-Equity

2.41

Piotroski F-Score

5

Altman Z-Score

0.87

Return on Invested Capital (ROIC)

3.01%

Current Ratio

10.83

Quick Ratio

10.83

Net Debt to EBITDA

11.71

Interest Coverage

1.84

Gross Profit margin

73.08%

FCF PER SHARE

$-2.56

REVENUE PER SHARE

$11.11

Gainseekers Quantitative Analysis

Summary

The Carlyle Group Inc. presents a perplexing valuation picture. Despite a snapshot price trading significantly above its DCF Value and Graham Number, the Forward P/E of 8.20 suggests the market anticipates robust earnings growth. However, the Altman Z-score of 0.92 signals distress, raising red flags about financial stability. The Earnings Yield of 3.01% is underwhelming, indicating limited immediate return potential. This stock is a complex mix of potential growth and underlying risk, demanding careful scrutiny.

AI Exposure / Tech Reliance

Operating within the asset management industry, The Carlyle Group is well-positioned to leverage AI and tech advancements. As financial services increasingly integrate technology for data analysis and client management, Carlyle's adaptability could enhance operational efficiency. However, the industry's traditional nature may slow rapid tech adoption.

The Bull Case

For the value or GARP investor, Carlyle offers intriguing prospects. The Forward PEG ratio of 0.03 is a beacon of undervaluation, suggesting growth at a bargain. Despite a modest ROIC of 3.01%, the company's operating margin of 22.21% indicates solid pricing power. The Piotroski F-Score of 5 reflects moderate financial health, while the high current ratio underscores liquidity strength, making it a compelling buy for those betting on future growth.

The Bear Case

Yet, Carlyle's structural weaknesses cannot be ignored. The Price/Book ratio of 2.47 and Price/Sales of 4.58 highlight a potentially overvalued stock. The negative FCF Yield and Price to FCF ratio underscore a troubling cash flow situation. With a Net Debt to EBITDA ratio of 11.71, the company is heavily leveraged, posing significant financial risk. These metrics paint a picture of a company that may struggle under its debt burden.

Market Sentiment & Smart Money

Short Interest %

Analyst Consensus

Buy

Average Analyst Price Target

$62.86

Institutional Ownership %

1-Year Beta

1.89

Insider Buying % (6 Mo)

Distance to 52-Week High

51.81%

Distance to 52-Week Low

4.41%

EARNINGS SURPRISE %

-2.20%

50-DAY SMA

$48.37

200-DAY SMA

$56.10

⚠️ Financial Disclaimer:
This content is for informational purposes only and is not financial advice. Information may be delayed or inaccurate. We may earn a commission from partner links.