Stocks · Financial Services · Asset Management
Carlyle Secured Lending, Inc. CGBD
$10.65 -1.11% Close, Oct 2, 2026 · NASDAQ · Market cap $740.1M
High qualityWeak trendHigh risk
Next earnings report: Nov 3, 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
- Revenue over the last four quarters was $238.3M, up 54.7% from a year earlier, accelerating from 41.9% a quarter earlier.
- Diluted EPS over the last four quarters was $0.51, down 56.8% year over year.
- The shares trade at 20.9× trailing earnings, higher than 95% of the company's own readings over the past five years.
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.
Growth71Positive
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Top 6%
- EPS growth (TTM, YoY)Bottom 12%
- Revenue growth, 3-year CAGRBottom 41%
- Revenue growth accelerationTop 8%
Quality89Strong
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalTop 34%
- Gross marginTop 14%
- Operating marginTop 13%
- Cash conversion (OCF / net income)Top 5%
- Accruals (lower is better)Top 9%
- Net debt / EBITDA (lower is better)Bottom 10%
- Interest coverTop 44%
Value36Weak
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldBottom 40%
- Free-cash-flow yieldTop 6%
- EBITDA / enterprise valueBottom 43%
- Sales / enterprise valueBottom 13%
- P/E vs own 5-year history (lower is better)Bottom 7%
Momentum12Very weak
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthBottom 19%
- 6-month returnBottom 17%
- 1-year return vs S&P 500Bottom 19%
- Distance from 52-week highBottom 25%
- Trend checklist (0–4)Bottom 9%
Revisions12Very weak
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersBottom 28%
- Consecutive EPS beatsTop 42%
- Share of analysts rating BuyBottom 9%
- Upside to consensus price targetBottom 16%
Stability19Very weak
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Bottom 35%
- Maximum drawdown, 3 yearsBottom 19%
- Beta vs S&P 500 (lower is better)Top 45%
- Net debt / EBITDA (lower is better)Bottom 10%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | 41.9% | 54.7% | ↑ |
| EPS growth (YoY) | -45.8% | -56.8% | ↓ |
| Gross margin | 51.8% | 80.6% | ↑ |
| Operating margin | 46.5% | 43.0% | ↓ |
| FCF margin | -29.7% | 125.6% | ↑ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | 54.7% | 41.9% | ↑ | Top 6% |
| EPS growth (TTM, YoY) | -56.8% | -45.8% | ↓ | Bottom 12% |
| Gross margin | 80.6% | 51.8% | ↑ | Top 14% |
| Operating margin | 43.0% | 46.5% | ↓ | Top 13% |
| Net margin | 15.5% | 45.2% | ↓ | — |
| Free-cash-flow margin | 125.6% | -29.7% | ↑ | — |
| Return on invested capital | 4.1% | — | Top 34% | |
| Revenue growth, 3-year CAGR | 12.6% | — | Bottom 41% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- 3.00×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -10.7%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 0.0%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- -154.7 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- 11.55×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- 1.1×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 15.56%
- Net buyback yield (TTM)
- 6.07%
- Shareholder yield
- 21.63%
- Share count change, 1 year
- -2.7%
- Share count change, 3-year CAGR
- +11.8%
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 6, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 2
- Beats in the last 8 reports
- 4 of 8
- Average EPS surprise, last 4
- -0.5%
- Average 2-day reaction, last 8
- +0.6%
- Positive 20 days after report
- 5 of 8
Analysts
- Consensus price target
- $11.00
- Target vs current price
- +3.3%
- Analysts with a rating
- 7
- Share rating Buy or Strong Buy
- 14%
- Consensus rating
- Hold
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Aug 6, 2026 | +10.9% | +3.7% | +8.0% | +12.5% | — |
| May 11, 2026 | +2.9% | -1.2% | -2.8% | -8.0% | -10.8% |
| Feb 24, 2026 | -13.2% | +3.2% | +0.5% | +1.4% | -2.2% |
| Nov 4, 2025 | -2.6% | -1.2% | -5.9% | +0.6% | -2.9% |
| Aug 5, 2025 | +0.0% | +0.2% | +0.8% | +0.9% | -5.7% |
| May 6, 2025 | -4.7% | +0.0% | -1.7% | -1.5% | -3.2% |
| Feb 25, 2025 | +2.2% | -1.4% | -0.7% | -7.0% | -19.4% |
| Nov 5, 2024 | +2.1% | +1.9% | +0.4% | +4.9% | +12.3% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Aug 6, 2026 | $0.35 | $0.32 | +10.9% | $62.1M |
| May 11, 2026 | $0.36 | $0.35 | +2.9% | $64.1M |
| Feb 24, 2026 | $0.33 | $0.38 | -13.2% | $66.9M |
| Nov 4, 2025 | $0.38 | $0.39 | -2.6% | $48.8M |
| Aug 5, 2025 | $0.39 | $0.39 | +0.0% | $64.5M |
| May 6, 2025 | $0.41 | $0.43 | -4.7% | $35.3M |
| Feb 25, 2025 | $0.47 | $0.46 | +2.2% | $44.5M |
| Nov 5, 2024 | $0.49 | $0.48 | +2.1% | $56.0M |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 20.9× | 10.5× | 95th | Bottom 40% |
| P/E (forward) | 7.6× | — | — | — |
| EV / EBITDA | 18.2× | — | — | Bottom 43% |
| EV / Sales | 8.46× | — | — | Bottom 13% |
| Free-cash-flow yield | 40.46% | — | — | Top 6% |
| Earnings yield | 4.79% | — | — | Bottom 40% |
P/E over the past five years
Range 5.0× – 20.9× 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
- -14.2%
- Earnings per share growth (TTM)
- -56.8%
- Change in P/E multiple
- +79.6%
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)
- +2.8%
- 200-day average slope (20 days)
- -1.1%
- Distance from 50-day average
- -4.2%
- Distance from 200-day average
- -6.3%
- RSI (14)
- 34.1
- Relative volume
- 1.33×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 25.0%
- Volatility vs own 5-year history
- 70th percentile · Normal for this stock
- Beta vs S&P 500 (2 years, weekly)
- 0.66
- Correlation with S&P 500
- 0.44
- Current drawdown from 1-year high
- -18.9%
- Maximum drawdown, 3 years
- -46.2%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Jan 31, 2025 | Jul 31, 2026 | -46.2% | 375 days | Not yet recovered |
| Apr 19, 2022 | Sep 30, 2022 | -22.9% | 114 days | 70 days (Jan 11, 2023) |
| Mar 1, 2023 | May 16, 2023 | -16.2% | 53 days | 50 days (Jul 28, 2023) |
| Sep 28, 2020 | Oct 28, 2020 | -15.4% | 22 days | 9 days (Nov 10, 2020) |
| Jul 28, 2023 | Oct 27, 2023 | -15.3% | 64 days | 82 days (Feb 27, 2024) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $740.1M
- P/E (TTM)
- 20.9
- EPS, diluted (TTM)
- $0.51
- Revenue (TTM)
- $238.3M
- Dividend yield
- 14.08%
- 52-week range
- $9.95 – $13.28
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $198.7M | $138.6M | $172.8M | $167.8M | $197.8M |
| Gross profit | $168.0M | $94.7M | $101.1M | $99.3M | $140.2M |
| Operating income | $161.1M | $87.5M | $94.7M | $91.7M | $170.5M |
| Net income | $160.4M | $85.6M | $92.3M | $89.0M | $70.0M |
| EPS (diluted) | $2.69 | $1.49 | $1.64 | $1.58 | $1.01 |
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $39.0M | $40.8M | $35.3M | $39.1M | $48.8M | $74.6M | $54.6M | $60.3M |
| Net income | $19.6M | $21.4M | $14.1M | $14.6M | $23.9M | $17.4M | -$4.2M | -$60,000 |
| EPS (diluted) | $0.35 | $0.38 | $0.25 | $0.20 | $0.33 | $0.24 | -$0.06 | -$0.00 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | $69.4M | $71.5M | $230.6M | $104.3M | -$204.6M |
| Capital expenditure | $0 | $0 | $0 | $0 | $0 |
| Free cash flow | $69.4M | $71.5M | $230.6M | $104.3M | -$204.6M |
| Dividends paid | -$83.7M | -$86.8M | -$93.0M | -$1.3M | -$104.0M |
| Net share buybacks | -$28.4M | -$28.5M | -$4.0M | $0 | -$13.8M |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $25.9M
- Total assets
- $2.44B
- Total liabilities
- $1.36B
- Total debt
- $1.30B
- Net debt
- $1.28B
- Shareholders’ equity
- $1.08B
As of Jun 30, 2026 (filed Aug 6, 2026).
Dividends
| Ex-date | Amount | Paid |
|---|---|---|
| Sep 30, 2026 | $0.35 | Oct 16, 2026 |
| Jun 30, 2026 | $0.35 | Jul 16, 2026 |
| Mar 31, 2026 | $0.40 | Apr 16, 2026 |
| Dec 31, 2025 | $0.40 | Jan 16, 2026 |
| Sep 30, 2025 | $0.40 | Oct 17, 2025 |
| Jun 30, 2025 | $0.40 | Jul 17, 2025 |
| Mar 24, 2025 | $0.50 | Apr 17, 2025 |
| Dec 31, 2024 | $0.45 | Jan 17, 2025 |
Short interest
- Shares sold short
- 2,966,434
- Days to cover
- 8.13
- Change vs previous report
- -2.5%
FINRA short interest, settlement date Sep 15, 2026.