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

Carlyle Secured Lending recorded quarterly Equity Ratio of 0.44 in Q1 2026, up 4.34% quarter-over-quarter from 0.42 in Q4 2025, and down 8.76% year-over-year from 0.48 in Q1 2025.

Carlyle Secured Lending's Equity Ratio history runs 6 years deep, the most recent figure standing at 0.44 for Q1 2026.

  • In Q1 2026, Equity Ratio fell 8.76% year-over-year to 0.44; the TTM figure through Mar 2026 stood at 0.44 (down 8.76% YoY), while the FY2025 annual figure was 0.42, down 10.98% from the prior year.
  • Equity Ratio came in at 0.44 for Q1 2026 at Carlyle Secured Lending, up from 0.42 in the prior quarter.
  • In the past five years, Equity Ratio ranged from a high of 0.5 in Q3 2024 to a low of 0.42 in Q4 2025.
  • A 5-year average of 0.46 and a median of 0.47 in 2025 frame the typical range for Equity Ratio.
  • Across the five-year window, Equity Ratio climbed 8.3% in 2024 and slipped 10.98% in 2025, its largest moves.
  • Carlyle Secured Lending's Equity Ratio stood at 0.45 in 2022, then increased by 4.57% to 0.47 in 2023, then increased by 0.02% to 0.47 in 2024, then dropped by 10.98% to 0.42 in 2025, then gained by 4.34% to 0.44 in 2026.
  • According to Business Quant data, Equity Ratio over the past three periods registered 0.44, 0.42, and 0.47 for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Equity Ratio (Qtr)
1 BlackRock 158.51 Bn 148.89 Bn - 0.33
2 Blackstone 92.68 Bn 91.63 Bn - 0.17
3 Kkr 84.94 Bn 132.45 Bn - 0.07
4 Brookfield Asset Management 77.34 Bn 77.68 Bn - 0.48
5 Apollo Global Management 76.27 Bn 95.00 Bn 5.04 Bn 0.08
6 State Street 44.42 Bn 18.75 Bn - -
7 Ameriprise Financial 41.68 Bn 41.55 Bn 4.57 Bn 0.03
8 Northern Trust 31.21 Bn 31.21 Bn - 0.07
9 Ares Management 28.85 Bn 32.22 Bn - 0.29
10 Carlyle Secured Lending 780.70 Mn 683.46 Mn - 0.44

Historic Data

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DateValue
Mar 31, 2026 0.44
Dec 31, 2025 0.42
Sep 30, 2025 0.47
Jun 30, 2025 0.47
Mar 31, 2025 0.48
Dec 31, 2024 0.47
Sep 30, 2024 0.50
Jun 30, 2024 0.49
Mar 31, 2024 0.48
Dec 31, 2023 0.47
Sep 30, 2023 0.46
Jun 30, 2023 0.45
Mar 31, 2023 0.45
Dec 31, 2022 0.45
Sep 30, 2022 0.46
Dec 31, 2021 0.47