13 years of historical data (2012–2024) · Financial Services · Financial - Credit Services
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
The Carlyle Group Inc. 4.625% Subordinated Notes due 2061 trades at 6.4x earnings, 36% above its 5-year average of 4.7x, sitting at the 67th percentile of its historical range. Compared to the Financial Services sector median P/E of 13.8x, the stock trades at a discount of 54%. On a free-cash-flow basis, the stock trades at 6.3x P/FCF, 6% below the 5-year average of 6.7x.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $6.3B | $6.6B | $7.4B | $5.9B | $9.2B | — | — | — | — | — | — |
| Enterprise Value | $5.1B | $5.3B | $6.0B | $4.6B | $8.8B | — | — | — | — | — | — |
| P/E Ratio → | 6.35 | 6.43 | — | 4.61 | 3.01 | — | — | — | — | — | — |
| P/S Ratio | 1.17 | 1.21 | 2.51 | 1.33 | 1.04 | — | — | — | — | — | — |
| P/B Ratio | 0.91 | 0.93 | 1.17 | 0.87 | 1.61 | — | — | — | — | — | — |
| P/FCF | 6.26 | 6.49 | 8.37 | — | 5.24 | — | — | — | — | — | — |
| P/OCF | 5.82 | 6.02 | 7.79 | — | 5.12 | — | — | — | — | — | — |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
The Carlyle Group Inc. 4.625% Subordinated Notes due 2061's enterprise value stands at 3.3x EBITDA, 24% above its 5-year average of 2.6x. The Financial Services sector median is 11.1x, placing the stock at a 71% discount on an enterprise-value basis.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 0.98 | 2.02 | 1.03 | 1.00 | — | — | — | — | — | — |
| EV / EBITDA | 3.26 | 3.41 | — | 2.44 | 2.06 | — | — | — | — | — | — |
| EV / EBIT | 3.70 | 2.74 | — | 2.56 | 2.09 | — | — | — | — | — | — |
| EV / FCF | — | 5.23 | 6.75 | — | 5.01 | — | — | — | — | — | — |
Margins and return-on-capital ratios measuring operating efficiency
The Carlyle Group Inc. 4.625% Subordinated Notes due 2061 earns an operating margin of 25.2%, above the Financial Services sector average of 21.9%. Operating margins have compressed from 38.8% to 25.2% over the past 3 years, signaling potential cost pressures or competitive headwinds. ROE of 15.2% indicates solid capital efficiency, compared to the sector median of 9.1%. ROIC of 15.3% represents solid returns on invested capital versus a sector median of 5.4%.
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 50.1% | 50.1% | -14.7% | -11.3% | 43.7% | 100.0% | 100.0% | 13.0% | 41.1% | 32.2% | 44.6% |
| Operating Margin | 25.2% | 25.2% | -36.7% | 38.8% | 47.9% | 19.8% | 36.5% | -5.9% | -1.9% | -0.5% | -0.2% |
| Net Profit Margin | 18.8% | 18.8% | -20.5% | 28.9% | 34.7% | 13.0% | 35.1% | 13.6% | 27.4% | 0.7% | 13.3% |
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 15.2% | 15.2% | -9.2% | 20.5% | 68.6% | 12.4% | 40.8% | 11.4% | 45.8% | 0.3% | 3.7% |
| ROA | 4.6% | 4.6% | -2.9% | 6.0% | 26.3% | 4.9% | 8.9% | 2.6% | 9.1% | 0.1% | 1.2% |
| ROIC | 15.3% | 15.3% | -12.4% | 17.7% | 42.4% | 8.6% | 31.9% | -3.7% | -2.4% | -0.2% | -0.1% |
| ROCE | 6.2% | 6.2% | -5.2% | 8.6% | 49.6% | 10.0% | 9.3% | -1.2% | -0.6% | -0.1% | -0.0% |
Solvency and debt-coverage ratios — lower is generally safer
The company holds a net cash position — cash of $1.3B exceeds total debt of $0, providing substantial financial flexibility for buybacks, acquisitions, or weathering downturns. Interest coverage of just 2.4x is concerning — the company has limited headroom to absorb earnings volatility before struggling with debt service.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | — | — | — | — | 0.36 | 1.24 | — | — | — | — | — |
| Debt / EBITDA | — | — | — | — | 0.49 | 6.80 | — | — | — | — | — |
| Net Debt / Equity | — | -0.18 | -0.23 | -0.20 | -0.07 | 0.93 | -0.27 | -0.22 | -0.34 | -0.46 | -0.11 |
| Net Debt / EBITDA | -0.81 | -0.81 | — | -0.73 | -0.09 | 5.10 | -0.61 | — | — | -11.03 | — |
| Debt / FCF | — | -1.25 | -1.62 | — | -0.23 | 4.50 | -2.40 | -5.12 | -8.14 | -2.40 | -0.26 |
| Interest Coverage | 2.42 | 2.42 | -2.60 | 8.15 | 23.62 | — | — | -0.88 | -0.36 | -0.09 | -0.01 |
Net cash position: cash ($1.3B) exceeds total debt ($0)
Short-term solvency ratios and asset-utilisation metrics
The Carlyle Group Inc. 4.625% Subordinated Notes due 2061's current ratio of 14.94x is well above the 1.0 safety threshold, indicating strong short-term liquidity with ample room to cover current liabilities. The current ratio has improved from 4.16x to 14.94x over the past 3 years.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 14.94 | 14.94 | 15.20 | 4.16 | 6.24 | 0.31 | 15.03 | 9.62 | 15.31 | 19.32 | 32.98 |
| Quick Ratio | 14.94 | 14.94 | 15.20 | 4.16 | 6.24 | 0.31 | 15.03 | 9.62 | 15.31 | 19.32 | 32.98 |
| Cash Ratio | 9.13 | 9.13 | 10.27 | 2.75 | 1.13 | 0.24 | 11.17 | 5.66 | 12.18 | 12.42 | 24.24 |
| Asset Turnover | — | 0.23 | 0.14 | 0.21 | 0.41 | 1.53 | 0.24 | 0.19 | 0.30 | 0.23 | 0.09 |
| Inventory Turnover | — | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | — | — | — | — | — | — | — | — | — | — |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
The Carlyle Group Inc. 4.625% Subordinated Notes due 2061 returns 16.5% to shareholders annually — split between a 7.8% dividend yield and 8.8% buyback yield. A payout ratio of 49.3% is moderate and appears sustainable, balancing shareholder returns with reinvestment capacity. The earnings yield of 15.7% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 7.8% | 7.7% | 6.7% | 7.5% | 3.9% | — | — | — | — | — | — |
| Payout Ratio | 49.3% | 49.3% | — | 34.5% | 11.7% | 92.0% | — | — | — | — | — |
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 15.7% | 15.5% | — | 21.7% | 33.2% | — | — | — | — | — | — |
| FCF Yield | 16.0% | 15.4% | 11.9% | — | 19.1% | — | — | — | — | — | — |
| Buyback Yield | 8.8% | 8.5% | 2.7% | 1.2% | 1.8% | — | — | — | — | — | — |
| Total Shareholder Yield | 16.5% | 16.1% | 9.4% | 8.7% | 5.6% | — | — | — | — | — | — |
| Shares Outstanding | — | $368M | $361M | $366M | $363M | $358M | $125M | $113M | $100M | $309M | $299M |
Compare CGABL with 8 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
| CGABLYou | $6B | 6.4 | 3.3 | 6.3 | 50.1% | 25.2% | 15.2% | 15.3% | — |
| KKRS | $16B | 3.3 | 1.0 | 2.4 | 80.2% | 74.2% | 27.6% | 28.7% | — |
| UPST | $3B | 60.5 | 47.3 | — | — | 4.1% | 7.5% | 2.2% | — |
| AGM | $1B | 9.5 | — | 18.4 | — | — | 11.4% | — | — |
| YRD | $673M | 0.7 | 0.5 | 3.3 | 84.8% | 28.4% | 18.0% | 14.0% | 0.0 |
| NRDS | $344M | 17.0 | 3.8 | 2.6 | 92.4% | 7.8% | 13.2% | 13.1% | — |
| PT | $48M | -0.2 | — | — | 63.5% | -40.1% | — | — | — |
| SNTG | $5M | -2.7 | — | — | 92.5% | -1615.2% | -17.9% | -11.3% | — |
| FOA | $232 | 16.4 | 350.7 | — | 13.9% | 2.2% | 5.3% | 0.1% | 351.3 |
| Financial Services Median | — | 13.8 | 11.1 | 11.2 | 60.2% | 21.9% | 9.1% | 5.4% | 4.1 |
Peers based on L4 peer group classification. Compare multiple stocks →
Includes 30+ ratios · 13 years · Updated daily
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Start ComparisonThe Carlyle Group Inc. 4.625% Subordinated Notes due 2061's current P/E ratio is 6.4x. The historical average is 4.7x. This places it at the 67th percentile of its historical range.
The Carlyle Group Inc. 4.625% Subordinated Notes due 2061's current EV/EBITDA is 3.3x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 2.6x.
The Carlyle Group Inc. 4.625% Subordinated Notes due 2061's return on equity (ROE) is 15.2%. The historical average is 18.7%.
Based on historical data, The Carlyle Group Inc. 4.625% Subordinated Notes due 2061 is trading at a P/E of 6.4x. This is at the 67th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
The Carlyle Group Inc. 4.625% Subordinated Notes due 2061's current dividend yield is 7.77% with a payout ratio of 49.3%.
The Carlyle Group Inc. 4.625% Subordinated Notes due 2061 has 50.1% gross margin and 25.2% operating margin. Operating margin above 20% indicates strong pricing power and cost efficiency.