Carlyle Secured Lending (CGBD) FCF Payout Ratio (2021 - 2026)
Carlyle Secured Lending's (CGBD) quarterly FCF Payout Ratio came in at 0.13 in Q1 2026, down 18.78% year-on-year from 0.16 in Q1 2025, and up 192.36% quarter-over-quarter from 0.14 in Q4 2025.
Carlyle Secured Lending (CGBD) FCF Payout Ratio (2021 - 2026) Analysis & Trends
Carlyle Secured Lending has disclosed FCF Payout Ratio across 6 years of filings, most recently posting 0.13 for Q1 2026.
- FCF Payout Ratio for Q1 2026 came in at 0.13, down 18.78% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.79 (down 233.29% YoY), and the FY2025 annual result was 0.51, down 153.79% from the prior year.
- FCF Payout Ratio came in at 0.13 for Q1 2026 at Carlyle Secured Lending, up from 0.14 in the prior quarter.
- In the past five years, FCF Payout Ratio ranged from a high of 0.91 in Q1 2023 to a low of 1.08 in Q4 2022.
- The 5-year median for FCF Payout Ratio is 0.29 (2024), against an average of 0.18.
- Across the five-year window, FCF Payout Ratio slumped 575.22% in 2022 and soared 202.77% in 2023, its largest moves.
- Carlyle Secured Lending's FCF Payout Ratio stood at 1.08 in 2022, then surged by 138.86% to 0.42 in 2023, then sank by 156.64% to 0.24 in 2024, then soared by 39.54% to 0.14 in 2025, then jumped by 192.36% to 0.13 in 2026.
- The last three FCF Payout Ratio figures came in at 0.13 (Q1 2026), 0.14 (Q4 2025), and 0.86 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 163.18 Bn | 153.56 Bn | - | - |
| 2 | Blackstone | 96.85 Bn | 95.80 Bn | - | 0.37 |
| 3 | Kkr | 86.45 Bn | 133.96 Bn | - | 0.10 |
| 4 | Apollo Global Management | 82.30 Bn | 101.04 Bn | 5.04 Bn | 0.18 |
| 5 | State Street | 46.95 Bn | 21.27 Bn | - | -0.02 |
| 6 | Ameriprise Financial | 43.65 Bn | 43.52 Bn | 4.57 Bn | 0.34 |
| 7 | Northern Trust | 31.92 Bn | 31.92 Bn | - | -0.45 |
| 8 | Raymond James Financial | 30.62 Bn | 19.37 Bn | - | 0.10 |
| 9 | Ares Management | 29.04 Bn | 32.41 Bn | - | 0.21 |
| 10 | Carlyle Secured Lending | 775.73 Mn | 678.49 Mn | - | 0.13 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.13 |
| Dec 31, 2025 | -0.14 |
| Sep 30, 2025 | 0.86 |
| Jun 30, 2025 | -0.13 |
| Mar 31, 2025 | 0.16 |
| Dec 31, 2024 | -0.24 |
| Sep 30, 2024 | 0.39 |
| Jun 30, 2024 | 0.35 |
| Mar 31, 2024 | 0.29 |
| Dec 31, 2023 | 0.42 |
| Sep 30, 2023 | 0.41 |
| Jun 30, 2023 | 0.25 |
| Mar 31, 2023 | 0.91 |
| Dec 31, 2022 | -1.08 |
| Sep 30, 2022 | 0.30 |
| Jun 30, 2022 | -0.25 |
| Mar 31, 2022 | 0.43 |
| Dec 31, 2021 | 0.23 |