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The Carlyle Group CG Ratios & Valuation

TTM Q1 '26TTM Q4 '25TTM Q3 '25TTM Q2 '25TTM Q1 '25
Profitability
Net margin67.5%+39.2pp73%+86.7pp74.9%+128pp60.2%+108pp28.3%+51.1pp
EBITDA margin123%+51.3pp125.6%+96.4pp126%+138pp104.7%+102pp71.7%+38.6pp
Returns
Return on equity50.2%+20.1pp60.2%+58.2pp64.9%+89.4pp56.7%+79.8pp30.1%+40.6pp
Return on assets13.1%+4.9pp15.9%+15.6pp17.4%+24.6pp15.3%+22.0pp8.2%+11.2pp
Return on invested capital74.3%+27.1pp85%+68.7pp89%+103pp76.4%+89.0pp47.2%+47.5pp
Efficiency
Asset turnover0.8×-0.1×0.9×+0.1×0.9×+0.2×+0.4×0.9×+0.3×
Leverage
Debt-to-equity0.3×0.0×0.3×0.0×0.3×0.0×0.3×0.0×0.3×0.0×
Debt-to-assets0.1×0.0×0.1×0.0×0.1×0.0×0.1×0.0×0.1×0.0×
Net debt / EBITDA-3.9×-3.2×-2.6×-2.7×
Interest coverage42.1×+14.9×48.4×+38.5×50.5×+57.0×44.5×+49.8×27.3×+24.5×
Per Share
Book value per share$76.04+12.4%$72.94+10.9%$71.16+10.3%$70.35+8.1%$67.66-0.2%
Valuation
Market capitalization$79.2B+24.3%$77.47B+19.4%$74.23B+20.6%$66.98B+17.6%$63.72B+18.0%
Enterprise value$73.95B+21.3%$72.74B+17.2%$70.22B+20.0%$63.84B+18.1%$60.96B+19.2%
Price / earnings106.7×89.3×80.6×177.6×
Price / sales17.4×+4.2×15.9×-0.7×14.7×-3.4×11.8×-7.4×13.2×-5.4×
Price / book11.3×+1.1×11.4×+0.7×11.3×+0.8×10.4×+0.7×10.3×+1.4×
EV / EBITDA52.8×47.2×43.9×52.1×
EV / sales16.2×+3.5×14.9×-1.0×13.9×-3.4×11.3×-6.9×12.7×-4.9×
Earnings yield16.9%+6.4pp20.7%+20.8pp22.5%+32.5pp20.4%+29.1pp10.6%+13.0pp
Dividend yield10.3%-2.4pp10.6%-1.9pp11%-2.1pp12.1%-2.3pp12.7%-2.3pp

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Questions, answered.

Where do The Carlyle Group's ratios come from?
Every ratio is computed from The Carlyle Group's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.