Carlyle Secured Lending (CGBD) Debt Ratio (2021 - 2026)

Carlyle Secured Lending's (CGBD) quarterly Debt Ratio came in at 0.16 in Q1 2026, down 4.31% year-on-year from 0.17 in Q1 2025, and up 1018.72% quarter-over-quarter from 0.01 in Q4 2025.

Carlyle Secured Lending (CGBD) Debt Ratio (2021 - 2026) Analysis & Trends

Carlyle Secured Lending has disclosed Debt Ratio across 6 years of filings, most recently posting 0.16 for Q1 2026.

  • Debt Ratio for Q1 2026 came in at 0.16, down 4.31% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.16 (down 4.31% YoY), and the FY2025 annual result was 0.01, changed N/A from the prior year.
  • Debt Ratio came in at 0.16 for Q1 2026 at Carlyle Secured Lending, up from 0.01 in the prior quarter.
  • In the past five years, Debt Ratio ranged from a high of 0.22 in Q1 2023 to a low of 0.01 in Q4 2025.
  • The 5-year median for Debt Ratio is 0.17 (2026), against an average of 0.15.
  • Across the five-year window, Debt Ratio plunged 41.9% in 2024 and jumped 35.06% in 2025, its largest moves.
  • Carlyle Secured Lending's Debt Ratio stood at 0.21 in 2022, then retreated by 9.32% to 0.19 in 2023, then slumped by 41.9% to 0.11 in 2024, then slumped by 86.65% to 0.01 in 2025, then soared by 1018.72% to 0.16 in 2026.
  • The last three Debt Ratio figures came in at 0.16 (Q1 2026), 0.01 (Q4 2025), and 0.15 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 BlackRock 163.18 Bn 153.56 Bn - 0.05
2 Blackstone 96.85 Bn 95.80 Bn - 0.27
3 Kkr 86.45 Bn 133.96 Bn - -
4 Apollo Global Management 82.30 Bn 101.04 Bn 5.04 Bn -
5 State Street 46.95 Bn 21.27 Bn - -
6 Ameriprise Financial 43.65 Bn 43.52 Bn 4.57 Bn 0.00
7 Northern Trust 31.92 Bn 31.92 Bn - 0.04
8 Raymond James Financial 30.62 Bn 19.37 Bn - 0.04
9 Ares Management 29.04 Bn 32.41 Bn - -
10 Carlyle Secured Lending 775.73 Mn 678.49 Mn - 0.16

Historic Data

Download Data
DateValue
Mar 31, 2026 0.16
Dec 31, 2025 0.01
Sep 30, 2025 0.15
Jun 30, 2025 0.07
Mar 31, 2025 0.17
Sep 30, 2024 0.11
Sep 30, 2023 0.19
Jun 30, 2023 0.20
Mar 31, 2023 0.22
Sep 30, 2022 0.21
Dec 31, 2021 0.20