Carlyle Secured Lending (CGBD) EBIT Margin (2021 - 2026)

Carlyle Secured Lending's (CGBD) quarterly EBIT Margin came in at 40.02% in Q1 2026, down 63.0% year-on-year from 108.16% in Q1 2025, and up 9.85% quarter-over-quarter from 36.43% in Q4 2025.

Carlyle Secured Lending (CGBD) EBIT Margin (2021 - 2026) Analysis & Trends

Carlyle Secured Lending has disclosed EBIT Margin across 6 years of filings, most recently posting 40.02% for Q1 2026.

  • EBIT Margin for Q1 2026 came in at 40.02%, down 63.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 40.03% (down 478.0% YoY), and the FY2025 annual result was 40.17%, down 626.0% from the prior year.
  • EBIT Margin came in at 40.02% for Q1 2026 at Carlyle Secured Lending, up from 36.43% in the prior quarter.
  • In the past five years, EBIT Margin ranged from a high of 54.46% in Q1 2022 to a low of 36.43% in Q4 2025.
  • The 5-year median for EBIT Margin is 46.32% (2023), against an average of 45.69%.
  • Across the five-year window, EBIT Margin jumped 259 bps in 2022 and slumped 833 bps in 2025, its largest moves.
  • Carlyle Secured Lending's EBIT Margin stood at 47.03% in 2022, then gained by 0 bps to 47.1% in 2023, then decreased by 5 bps to 44.77% in 2024, then decreased by 19 bps to 36.43% in 2025, then increased by 10 bps to 40.02% in 2026.
  • The last three EBIT Margin figures came in at 40.02% (Q1 2026), 36.43% (Q4 2025), and 41.11% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBIT Margin (Qtr)
1 BlackRock 163.18 Bn 153.56 Bn - 42.01%
2 Blackstone 96.85 Bn 95.80 Bn - 44.01%
3 Kkr 86.45 Bn 133.96 Bn - 46.06%
4 Apollo Global Management 82.30 Bn 101.04 Bn 5.04 Bn 1.56%
5 State Street 46.95 Bn 21.27 Bn - 73.37%
6 Ameriprise Financial 43.65 Bn 43.52 Bn 4.57 Bn 18.44%
7 Northern Trust 31.92 Bn 31.92 Bn - 170.02%
8 Raymond James Financial 30.62 Bn 19.37 Bn - -
9 Ares Management 29.04 Bn 32.41 Bn - 26.04%
10 Carlyle Secured Lending 775.73 Mn 678.49 Mn - 40.02%

Historic Data

Download Data
DateValue
Mar 31, 2026 40.02%
Dec 31, 2025 36.43%
Sep 30, 2025 41.11%
Jun 30, 2025 42.55%
Mar 31, 2025 40.66%
Dec 31, 2024 44.77%
Sep 30, 2024 45.80%
Jun 30, 2024 47.80%
Mar 31, 2024 47.22%
Dec 31, 2023 47.10%
Sep 30, 2023 46.22%
Jun 30, 2023 46.32%
Mar 31, 2023 46.41%
Dec 31, 2022 47.03%
Sep 30, 2022 53.43%
Jun 30, 2022 49.47%
Mar 31, 2022 54.46%
Dec 31, 2021 51.86%
Sep 30, 2021 50.84%