Carlyle Secured Lending (CGBD) Debt to Equity (2021 - 2026)

Carlyle Secured Lending's (CGBD) quarterly Debt to Equity came in at $0.37 in Q1 2026, up 4.88% year-on-year from $0.35 in Q1 2025, and up 972.16% quarter-over-quarter from $0.03 in Q4 2025.

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

Carlyle Secured Lending has disclosed Debt to Equity across 6 years of filings, most recently posting $0.37 for Q1 2026.

  • Debt to Equity for Q1 2026 came in at $0.37, up 4.88% year-over-year; the trailing twelve-month figure through Mar 2026 was $0.37 (up 4.88% YoY), and the FY2025 annual result was $0.03, changed N/A from the prior year.
  • Debt to Equity came in at $0.37 for Q1 2026 at Carlyle Secured Lending, up from $0.03 in the prior quarter.
  • In the past five years, Debt to Equity ranged from a high of $0.5 in Q1 2023 to a low of $0.03 in Q4 2025.
  • The 5-year median for Debt to Equity is $0.38 (2022), against an average of $0.34.
  • Across the five-year window, Debt to Equity slumped 46.06% in 2024 and soared 44.55% in 2025, its largest moves.
  • Carlyle Secured Lending's Debt to Equity stood at $0.45 in 2022, then slipped by 10.83% to $0.4 in 2023, then plunged by 46.06% to $0.22 in 2024, then sank by 84.08% to $0.03 in 2025, then jumped by 972.16% to $0.37 in 2026.
  • The last three Debt to Equity figures came in at $0.37 (Q1 2026), $0.03 (Q4 2025), and $0.32 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 BlackRock 163.18 Bn 153.56 Bn - 0.14
2 Blackstone 96.85 Bn 95.80 Bn - 1.59
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 0.03
7 Northern Trust 31.92 Bn 31.92 Bn - 0.60
8 Raymond James Financial 30.62 Bn 19.37 Bn - 0.28
9 Ares Management 29.04 Bn 32.41 Bn - -
10 Carlyle Secured Lending 775.73 Mn 678.49 Mn - 0.37

Historic Data

Download Data
DateValue
Mar 31, 2026 0.37
Dec 31, 2025 0.03
Sep 30, 2025 0.32
Jun 30, 2025 0.15
Mar 31, 2025 0.35
Sep 30, 2024 0.22
Sep 30, 2023 0.40
Jun 30, 2023 0.44
Mar 31, 2023 0.50
Sep 30, 2022 0.45
Jun 30, 2022 0.48
Mar 31, 2022 0.38
Dec 31, 2021 0.43
Sep 30, 2021 0.45