Carlyle Secured Lending (CGBD) Invested Capital (2013 - 2026)
Carlyle Secured Lending's Invested Capital was $2.25 billion in Q2 2026, up 40.3% from $1.6 billion a year earlier and up 26.9% from the prior quarter.
Carlyle Secured Lending (CGBD) Invested Capital (2013 - 2026) Analysis & Trends
For FY2025, Invested Capital at Carlyle Secured Lending came in at $1.76 billion, up 57.0% from FY2024.
- Invested Capital shows a five-year compound annual growth rate of 7.1% (FY2020 to FY2025).
- In earlier years, Invested Capital was $1.12 billion in FY2024 (-4.6%), $1.17 billion in FY2023 (-13.6%), $1.36 billion in FY2022 (+0.1%) and $1.36 billion in FY2021 (+8.6%).
- The Q2 2026 figure marks the highest quarterly Invested Capital in data going back to Q3 2021.
- Compared with a year earlier, Invested Capital has increased for six straight quarters, with growth averaging 28.4% over the last eight quarters.
- The best year-over-year quarter for Invested Capital over five years was Q3 2025 (growth of 57.7%); the worst was Q1 2024 (a decline of 16.2%).
- Per Business Quant data, CGBD's Invested Capital in the three quarters before Q2 2026 was $1.77 billion (Q1 2026), $1.76 billion (Q4 2025) and $1.74 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 41.00 Bn | 29.82 Bn | - | 59.93 Bn |
| 2 | Royalty Pharma | 39.88 Bn | 40.21 Bn | - | 18.38 Bn |
| 3 | Orix | 36.75 Bn | 7.39 Bn | 13.83 Bn | 71.63 Bn |
| 4 | Federal National Mortgage Association Fannie Mae | 25.40 Bn | -16,108.71 Bn | - | 4,288.89 Bn |
| 5 | Royal Gold | 23.20 Bn | 22.41 Bn | 402.46 Mn | 7.92 Bn |
| 6 | Affirm Holdings | 22.35 Bn | 15.40 Bn | - | 8.66 Bn |
| 7 | Synchrony Financial | 22.29 Bn | -45.34 Bn | - | 24.66 Bn |
| 8 | Annaly Capital Management | 14.69 Bn | 5.72 Bn | - | 54.27 Bn |
| 9 | Ares Capital | 14.04 Bn | 11.79 Bn | - | 26.98 Bn |
| 10 | Carlyle Secured Lending | 783.30 Mn | 335.08 Mn | - | 3.32 Bn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 3.32 Bn |
| Jun 30, 2026 | 2.97 Bn |
| Mar 31, 2026 | 2.50 Bn |
| Dec 31, 2025 | 1.76 Bn |
| Sep 30, 2025 | 1.90 Bn |
| Jun 30, 2025 | 1.73 Bn |
| Mar 31, 2025 | 1.64 Bn |
| Dec 31, 2024 | 1.12 Bn |
| Sep 30, 2024 | 1.10 Bn |
| Jun 30, 2024 | 1.15 Bn |
| Mar 31, 2024 | 1.15 Bn |
| Dec 31, 2023 | 1.17 Bn |
| Sep 30, 2023 | 1.27 Bn |
| Jun 30, 2023 | 1.30 Bn |
| Mar 31, 2023 | 1.37 Bn |
| Dec 31, 2022 | 2.33 Bn |
| Sep 30, 2022 | 1.36 Bn |
| Jun 30, 2022 | 1.37 Bn |
| Mar 31, 2022 | 1.31 Bn |
| Dec 31, 2021 | 2.34 Bn |
Carlyle Secured Lending Invested Capital 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=invested-capital&ticker=CGBD&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "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=invested-capital&ticker=CGBD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();