Stocks · Financial Services · Asset Management
The Carlyle Group Inc. CG
$39.82 -1.41% Close, Oct 2, 2026 · NASDAQ · Market cap $14.33B
Weak trendExpensive vs sectorHigh risk
Next earnings report: Nov 6, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- Operating margin narrowed to 19.1% from 37.9% a year earlier.
- Diluted EPS over the last four quarters was $0.96, down 71.9% year over year.
- Net debt is 14.3× EBITDA, a high level of leverage.
PromtFinance scores
Each score is a percentile within the Financial Services sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Bottom 12%
- EPS growth (TTM, YoY)Bottom 9%
- FCF growth (TTM, YoY)Bottom 1%
- Revenue growth, 3-year CAGRBottom 30%
- Revenue growth accelerationBottom 22%
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalTop 40%
- Gross marginTop 35%
- Operating marginBottom 44%
- Cash conversion (OCF / net income)Bottom 2%
- Accruals (lower is better)Bottom 5%
- Net debt / EBITDA (lower is better)Bottom 8%
- Interest coverTop 28%
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldBottom 27%
- Free-cash-flow yieldBottom 8%
- EBITDA / enterprise valueBottom 32%
- Sales / enterprise valueBottom 18%
- P/E vs own 5-year history (lower is better)Bottom 22%
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthBottom 9%
- 6-month returnBottom 7%
- 1-year return vs S&P 500Bottom 9%
- Distance from 52-week highBottom 10%
- Trend checklist (0–4)Bottom 9%
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersBottom 38%
- Consecutive EPS beatsBottom 43%
- Share of analysts rating BuyTop 42%
- Upside to consensus price targetTop 16%
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Bottom 21%
- Maximum drawdown, 3 yearsBottom 22%
- Beta vs S&P 500 (lower is better)Bottom 4%
- Net debt / EBITDA (lower is better)Bottom 8%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | -3.7% | -9.9% | ↓ |
| EPS growth (YoY) | -50.4% | -71.9% | ↓ |
| Gross margin | 84.4% | 70.7% | ↓ |
| Operating margin | 37.9% | 19.1% | ↓ |
| FCF margin | 8.5% | -50.4% | ↓ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | -9.9% | -3.7% | ↓ | Bottom 12% |
| EPS growth (TTM, YoY) | -71.9% | -50.4% | ↓ | Bottom 9% |
| Gross margin | 70.7% | 84.4% | ↓ | Top 35% |
| Operating margin | 19.1% | 37.9% | ↓ | Bottom 44% |
| Net margin | 9.2% | 28.6% | ↓ | — |
| Free-cash-flow margin | -50.4% | 8.5% | ↓ | — |
| Return on invested capital | 2.8% | — | Top 40% | |
| Revenue growth, 3-year CAGR | 10.0% | — | Bottom 30% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- -2.00×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- 7.9%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 6.0%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- +50.9 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- 14.34×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- 2.4×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 2.64%
- Net buyback yield (TTM)
- 6.39%
- Shareholder yield
- 9.03%
- Share count change, 1 year
- +0.1%
- Share count change, 3-year CAGR
- +0.6%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jun 30, 2026 (filed Aug 10, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 1
- Beats in the last 8 reports
- 5 of 8
- Average EPS surprise, last 4
- +2.6%
- Average 2-day reaction, last 8
- +1.3%
- Positive 20 days after report
- 3 of 8
Analysts
- Consensus price target
- $54.89
- Target vs current price
- +37.8%
- Analysts with a rating
- 26
- Share rating Buy or Strong Buy
- 54%
- Consensus rating
- Buy
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Aug 4, 2026 | +17.5% | +3.5% | -2.3% | -1.1% | — |
| May 6, 2026 | -4.5% | -1.0% | -2.4% | -17.6% | -10.3% |
| Feb 6, 2026 | +1.4% | +6.0% | -1.7% | -11.7% | -9.8% |
| Oct 31, 2025 | -3.9% | -5.7% | -7.2% | -3.6% | +7.0% |
| Aug 5, 2025 | +2.5% | -0.5% | +3.3% | +6.6% | -4.5% |
| May 9, 2025 | +19.4% | +1.9% | +13.9% | +12.2% | +45.7% |
| Feb 11, 2025 | -11.5% | -3.7% | +3.8% | -20.2% | -22.4% |
| Nov 6, 2024 | +7.5% | +9.6% | +5.7% | +6.5% | +5.5% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Aug 4, 2026 | $1.07 | $0.91 | +17.5% | $1.11B |
| May 6, 2026 | $0.89 | $0.93 | -4.5% | $750.9M |
| Feb 6, 2026 | $1.01 | $1.00 | +1.4% | $1.09B |
| Oct 31, 2025 | $0.98 | $1.02 | -3.9% | $780.5M |
| Aug 5, 2025 | $0.91 | $0.89 | +2.5% | $1.57B |
| May 9, 2025 | $1.14 | $0.96 | +19.4% | $807.8M |
| Feb 11, 2025 | $0.92 | $1.04 | -11.5% | $948.5M |
| Nov 6, 2024 | $0.95 | $0.88 | +7.5% | $1.83B |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 41.4× | 15.9× | 83th | Bottom 27% |
| P/E (forward) | 10.9× | — | — | — |
| EV / EBITDA | 31.2× | — | — | Bottom 32% |
| EV / Sales | 6.70× | — | — | Bottom 18% |
| Free-cash-flow yield | -13.94% | — | — | Bottom 8% |
| Earnings yield | 2.42% | — | — | Bottom 27% |
P/E over the past five years
Range 5.2× – 180.5× since Jun 30, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.
What moved the stock over the past year
- Price return, 1 year
- -34.5%
- Earnings per share growth (TTM)
- -71.9%
- Change in P/E multiple
- +172.9%
Most of the move came from earnings growth.
Technical state
Trend checklist
- ✗ Price above 20-day average
- ✗ Price above 50-day average
- ✗ Price above 200-day average
- ✗ 50-day average above 200-day
- ✓ MACD histogram positive
Trend quality
- Days above the 50-day average
- 0
- Days above the 200-day average
- 0
- 50-day average slope (20 days)
- -2.2%
- 200-day average slope (20 days)
- -2.7%
- Distance from 50-day average
- -12.3%
- Distance from 200-day average
- -19.7%
- RSI (14)
- 34.5
- Relative volume
- 1.02×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 34.8%
- Volatility vs own 5-year history
- 38th percentile · Normal for this stock
- Beta vs S&P 500 (2 years, weekly)
- 1.79
- Correlation with S&P 500
- 0.72
- Current drawdown from 1-year high
- -39.8%
- Maximum drawdown, 3 years
- -43.2%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Nov 12, 2021 | Oct 14, 2022 | -57.7% | 231 days | 690 days (Jul 18, 2025) |
| Sep 18, 2025 | Sep 24, 2026 | -43.2% | 255 days | Not yet recovered |
| Oct 19, 2020 | Oct 30, 2020 | -10.0% | 9 days | 7 days (Nov 10, 2020) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $14.33B
- P/E (TTM)
- 41.4
- EPS, diluted (TTM)
- $0.96
- Revenue (TTM)
- $3.96B
- Dividend yield
- 3.52%
- 52-week range
- $38.72 – $67.30
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $5.82B | $3.68B | $1.87B | $4.09B | $4.90B |
| Gross profit | $5.53B | $3.36B | $1.32B | $3.40B | $3.23B |
| Operating income | $4.03B | $1.57B | -$600.9M | $1.39B | $1.28B |
| Net income | $2.97B | $1.23B | -$608.4M | $1.02B | $808.7M |
| EPS (diluted) | $8.20 | $3.35 | -$1.68 | $2.77 | $2.18 |
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.49B | $927.0M | $807.8M | $1.18B | $780.5M | $1.84B | $189.6M | $1.15B |
| Net income | $595.7M | $210.9M | $130.0M | $319.7M | $900,000 | $358.1M | -$132.2M | $137.1M |
| EPS (diluted) | $1.63 | $0.57 | $0.35 | $0.87 | $0.00 | $0.96 | -$0.37 | $0.37 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | $1.79B | -$379.3M | $204.9M | -$759.5M | $1.46B |
| Capital expenditure | -$41.4M | -$40.6M | -$66.6M | -$77.7M | -$99.4M |
| Free cash flow | $1.75B | -$419.9M | $138.3M | -$837.2M | $1.36B |
| Dividends paid | -$355.8M | -$443.6M | -$497.7M | -$503.0M | -$505.1M |
| Net share buybacks | -$157.0M | -$146.7M | -$203.5M | -$554.6M | -$686.5M |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $2.04B
- Total assets
- $28.20B
- Total liabilities
- $20.98B
- Total debt
- $14.25B
- Net debt
- $12.21B
- Shareholders’ equity
- $7.21B
As of Jun 30, 2026 (filed Aug 10, 2026).
Dividends
| Ex-date | Amount | Paid |
|---|---|---|
| Aug 17, 2026 | $0.35 | Aug 26, 2026 |
| May 18, 2026 | $0.35 | May 28, 2026 |
| Feb 13, 2026 | $0.35 | Feb 20, 2026 |
| Nov 10, 2025 | $0.35 | Nov 19, 2025 |
| Aug 18, 2025 | $0.35 | Aug 28, 2025 |
| May 19, 2025 | $0.35 | May 27, 2025 |
| Feb 21, 2025 | $0.35 | Feb 28, 2025 |
| Nov 18, 2024 | $0.35 | Nov 25, 2024 |
Short interest
- Shares sold short
- 19,257,718
- Days to cover
- 6.33
- Change vs previous report
- +7.6%
FINRA short interest, settlement date Sep 15, 2026.