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The Carlyle Group Inc. 4.625% Subordinated Notes due 2061(CGABL)Earnings, Financials & Key Ratios
CGABL•NASDAQ
$16.17
7.4× P/E·Price updated Jun 27, 2026
AboutFunctions as a financing subsidiary/special purpose entityShow more
- EBITDA$192M-87.6%
- Net Income$809M-20.7%
- EPS (Diluted)2.18-21.3%
- EBITDA Margin4.02%-86.0%
- Net Margin16.92%-10.0%
- ROE10.47%-30.9%
CGABL Price & Volume
The Carlyle Group Inc. 4.625% Subordinated Notes due 2061 (CGABL) stock price & volume — 10-year historical chart
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Episodic Revenue Volatility Challenges Income Stability Outlook
Investment Thesis • Updated 2026Q1
VerdictNeutral
Growth:Contracting
Profitability:Strained
Financial:Healthy
Cash Flow:Mixed
Primary Risk:Realization velocity and exit volatility
Key Thesis Takeaways
- The Carlyle Group's financial profile is characterized by extreme revenue instability, with quarterly figures swinging from $254 million to $1.9 billion, driven by a heavy reliance on unpredictable performance-based allocations.
- While the firm maintains a robust liquidity buffer of $1.97 billion in cash as of 2026Q1, the structural disconnect between net income and operating cash flow, evidenced by an OCF/NI ratio of -0.26 in the most recent quarter, complicates the assessment of long-term debt serviceability.
- Investors should monitor the firm's aggressive capital return policy, which persists despite periods of negative net income, as it may threaten the long-term sustainability of subordinated note obligations.
Verdict Logic
while the firm holds $1.97 billion in cash, the extreme volatility in earnings and the 8.4% dividend yield suggest that the subordinated notes carry significant risk relative to the firm's inconsistent cash conversion metrics.
CGABL Growth Metrics
The Carlyle Group Inc. 4.625% Subordinated Notes due 2061 (CGABL) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years4.75%
5 Years10.25%
3 Years2.5%
TTM-
Profit CAGR
10 Years7.29%
5 Years16.18%
3 Years-14.3%
TTM-49.62%
EPS CAGR
10 Years4.99%
5 Years15.3%
3 Years-14.68%
TTM668.42%
Return on Capital
10 Years8.52%
5 Years14.83%
3 Years0.52%
Last Year-
CGABL Recent Earnings
The Carlyle Group Inc. 4.625% Subordinated Notes due 2061 (CGABL) EPS & revenue vs analyst estimates — last 4 quarters
Q2 2026Latest
May 8, 2026Metric
Actual
Est
EPS
$0.37
—
Rev
$254M
—
Q1 2026
Feb 27, 2026Metric
Actual
Est
EPS
$0.69
—
Rev
$1.9B
—
Q4 2023
Sep 30, 2023Metric
Actual
Est
EPS
$0.22
—
Rev
$717M
—
Q3 2023
Jun 30, 2023Metric
Actual
Est
EPS
$0.27
—
Rev
$462M
—
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 8, 2026 | $0.37 | $254M |
| Q1 2026 | Feb 27, 2026 | $0.69 | $1.9B |
| Q4 2023 | Sep 30, 2023 | $0.22 | $717M |
| Q3 2023 | Jun 30, 2023 | $0.27 | $462M |
Based on last 4 quarters of dataView full earnings history →
Peers Comparison
Key metrics vs top competitors for The Carlyle Group Inc. 4.625% Subordinated Notes due 2061 (CGABL)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $16.17 | $5.81B | 7.42 | -11.91% | 16.92% | 10.47% | 8.42% | |
| $90.13 | $80.93B | 38.52 | -10.99% | 14.82% | 3.84% | — | |
| $118.29 | $68.2B | 16.29 | 16.03% | 7.24% | 5.52% | — | |
| $115.35 | $90.37B | 29.73 | 21.58% | 20.38% | 14.25% | — | |
| $109.13 | $35.84B | 55.68 | 66.55% | 9.87% | 7.34% | — | |
| $39.69 | $15.21B | 32.80 | 77.91% | 0.51% | 0.41% | — |
Compare CGABL vs Peers
The Carlyle Group Inc. 4.625% Subordinated Notes due 2061 (CGABL) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
CGABL SEC Filings & Documents
The Carlyle Group Inc. 4.625% Subordinated Notes due 2061 (CGABL) SEC filings — annual & quarterly reports (10-K, 10-Q)
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CGABL Frequently Asked Questions
The Carlyle Group Inc. 4.625% Subordinated Notes due 2061 (CGABL) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
What is The Carlyle Group Inc. 4.625% Subordinated Notes due 2061's revenue?
The Carlyle Group Inc. 4.625% Subordinated Notes due 2061 (CGABL) reported $4.06B in revenue for fiscal year 2025.
How fast is The Carlyle Group Inc. 4.625% Subordinated Notes due 2061 growing?
The Carlyle Group Inc. 4.625% Subordinated Notes due 2061 (CGABL) saw revenue decline by 11.9% over the past year.
Is CGABL profitable?
Yes, The Carlyle Group Inc. 4.625% Subordinated Notes due 2061 (CGABL) is profitable, generating $546.5M in net income for fiscal year 2025 (16.9% net margin).
Dividend & Returns
Does CGABL pay dividends?
Yes, The Carlyle Group Inc. 4.625% Subordinated Notes due 2061 (CGABL) pays a dividend with a yield of 8.42%. This makes it attractive for income-focused investors.
What is CGABL's return on equity?
The Carlyle Group Inc. 4.625% Subordinated Notes due 2061 (CGABL) has a return on equity (ROE) of 10.5%. This is reasonable for most industries.
What is The Carlyle Group Inc. 4.625% Subordinated Notes due 2061's free cash flow?
The Carlyle Group Inc. 4.625% Subordinated Notes due 2061 (CGABL) generated $848.5M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.