Carlyle Secured Lending (CGBD) Debt Ratio (2021 - 2026)
Carlyle Secured Lending's (CGBD) Debt Ratio came in at 0.48 for Q2 2026, up 205.5% from 0.16 a year earlier and up 87.0% from the prior quarter.
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Analysis
Carlyle Secured Lending (CGBD) Debt Ratio (2021 - 2026) Analysis & Trends
For FY2025, Carlyle Secured Lending's Debt Ratio stood at 0.21, up 90.5% from FY2024.
- In prior years, Carlyle Secured Lending's Debt Ratio was 0.11 in FY2024 (-17.3%), 0.13 in FY2023 (-37.9%), 0.22 in FY2022 (+7.5%) and 0.20 in FY2021.
- The Q2 2026 figure stands as the highest quarterly Debt Ratio in data going back to Q4 2021.
- On a year-over-year basis, Debt Ratio has increased in each of the last six quarters, with growth averaging 55.6% over the last eight quarters.
- The strongest year-over-year quarter for Debt Ratio in the past five years was Q2 2026, with growth of 205.5%; the weakest was Q1 2024, with a decline of 44.2%.
- According to Business Quant data, Debt Ratio for the three prior quarters was 0.26 (Q1 2026), 0.21 (Q4 2025) and 0.21 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.26 Bn | 28.94 Bn | - | 0.27 |
| 2 | Orix | 42.40 Bn | 42.90 Bn | - | 0.35 |
| 3 | Royalty Pharma | 33.56 Bn | 33.47 Bn | - | 0.45 |
| 4 | Federal National Mortgage Association Fannie Mae | 24.47 Bn | 24.47 Bn | - | - |
| 5 | Affirm Holdings | 23.34 Bn | 17.03 Bn | - | 0.21 |
| 6 | Synchrony Financial | 23.06 Bn | -44.91 Bn | - | 0.06 |
| 7 | Royal Gold | 19.98 Bn | 19.21 Bn | 390.45 Mn | 0.04 |
| 8 | Annaly Capital Management | 14.18 Bn | 5.27 Bn | - | 0.24 |
| 9 | Ares Capital | 13.71 Bn | 11.15 Bn | - | - |
| 10 | Carlyle Secured Lending | 739.33 Mn | 464.47 Mn | - | 0.48 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.48 |
| Mar 31, 2026 | 0.26 |
| Dec 31, 2025 | 0.21 |
| Sep 30, 2025 | 0.21 |
| Jun 30, 2025 | 0.16 |
| Mar 31, 2025 | 0.17 |
| Dec 31, 2024 | 0.11 |
| Sep 30, 2024 | 0.11 |
| Jun 30, 2024 | 0.13 |
| Mar 31, 2024 | 0.12 |
| Dec 31, 2023 | 0.13 |
| Sep 30, 2023 | 0.19 |
| Jun 30, 2023 | 0.20 |
| Mar 31, 2023 | 0.22 |
| Dec 31, 2022 | 0.22 |
| Sep 30, 2022 | 0.21 |
| Dec 31, 2021 | 0.20 |
API Access
Carlyle Secured Lending Debt Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=debt-ratio&ticker=CGBD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "CGBD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=CGBD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();