Carlyle Secured Lending (CGBD) Operating Margin (2021 - 2025)
Carlyle Secured Lending's Operating Margin history spans 4 years, with the latest figure at 36.43% for Q4 2025.
- For Q4 2025, Operating Margin fell 833.0% year-over-year to 36.43%; the TTM value through Dec 2025 reached 40.17%, down 626.0%, while the annual FY2025 figure was 40.17%, 626.0% down from the prior year.
- Operating Margin for Q4 2025 was 36.43% at Carlyle Secured Lending, down from 41.11% in the prior quarter.
- Across five years, Operating Margin topped out at 54.46% in Q1 2022 and bottomed at 36.43% in Q4 2025.
- The 4-year median for Operating Margin is 46.37% (2023), against an average of 46.05%.
- The largest annual shift saw Operating Margin skyrocketed 147bps in 2024 before it tumbled -833bps in 2025.
- A 4-year view of Operating Margin shows it stood at 47.03% in 2022, then increased by 0bps to 47.1% in 2023, then fell by -5bps to 44.77% in 2024, then fell by -19bps to 36.43% in 2025.
- Per Business Quant, the three most recent readings for CGBD's Operating Margin are 36.43% (Q4 2025), 41.11% (Q3 2025), and 42.55% (Q2 2025).