Carlyle Secured Lending (CGBD) Tax Rate (2021 - 2026)
Carlyle Secured Lending recorded quarterly Tax Rate of 1.72% in Q1 2026, up 19.77% quarter-over-quarter from 1.44% in Q4 2025, and down 131.0% year-over-year from 5.55% in Q1 2025.
Carlyle Secured Lending's Tax Rate history runs 6 years deep, the most recent figure standing at 1.72% for Q1 2026.
- In Q1 2026, Tax Rate fell 131.0% year-over-year to 1.72%; the TTM figure through Mar 2026 stood at 1.58% (down 98.0% YoY), while the FY2025 annual figure was 1.86%, down 68.0% from the prior year.
- Tax Rate came in at 1.72% for Q1 2026 at Carlyle Secured Lending, up from 1.44% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 8.9% in Q4 2022 to a low of 0.72% in Q4 2024.
- A 5-year average of 2.43% and a median of 1.93% in 2023 frame the typical range for Tax Rate.
- Across the five-year window, Tax Rate jumped 628 bps in 2022 and slumped 750 bps in 2023, its largest moves.
- Carlyle Secured Lending's Tax Rate stood at 8.9% in 2022, then slumped by 84 bps to 1.4% in 2023, then plunged by 48 bps to 0.72% in 2024, then surged by 99 bps to 1.44% in 2025, then rose by 20 bps to 1.72% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 1.72%, 1.44%, and 1.83% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 158.51 Bn | 148.89 Bn | - | 18.16 |
| 2 | Blackstone | 92.68 Bn | 91.63 Bn | - | 13.55 |
| 3 | Kkr | 84.94 Bn | 132.45 Bn | - | 40.05 |
| 4 | Brookfield Asset Management | 77.34 Bn | 77.68 Bn | - | 15.80 |
| 5 | Apollo Global Management | 76.27 Bn | 95.00 Bn | 5.04 Bn | 598.59 |
| 6 | State Street | 44.42 Bn | 18.75 Bn | - | 21.16 |
| 7 | Ameriprise Financial | 41.68 Bn | 41.55 Bn | 4.57 Bn | 20.02 |
| 8 | Northern Trust | 31.21 Bn | 31.21 Bn | - | 24.99 |
| 9 | Ares Management | 28.85 Bn | 32.22 Bn | - | 19.13 |
| 10 | Carlyle Secured Lending | 780.70 Mn | 683.46 Mn | - | 1.72 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.72 |
| Mar 31, 2026 | 1.72 |
| Dec 31, 2025 | 1.44 |
| Dec 31, 2025 | 1.44 |
| Sep 30, 2025 | 1.83 |
| Sep 30, 2025 | 1.83 |
| Jun 30, 2025 | 1.33 |
| Jun 30, 2025 | 1.33 |
| Mar 31, 2025 | 3.03 |
| Mar 31, 2025 | 3.03 |
| Dec 31, 2024 | 0.72 |
| Dec 31, 2024 | 0.72 |
| Sep 30, 2024 | 2.93 |
| Sep 30, 2024 | 2.93 |
| Jun 30, 2024 | 3.51 |
| Jun 30, 2024 | 3.51 |
| Mar 31, 2024 | 2.83 |
| Mar 31, 2024 | 2.83 |
| Dec 31, 2023 | 1.40 |
| Dec 31, 2023 | 1.40 |
| Sep 30, 2023 | 3.04 |
| Sep 30, 2023 | 3.04 |
| Jun 30, 2023 | 2.34 |
| Jun 30, 2023 | 2.34 |
| Mar 31, 2023 | 1.93 |
| Mar 31, 2023 | 1.93 |
| Dec 31, 2022 | 8.90 |
| Dec 31, 2022 | 8.90 |
| Sep 30, 2022 | 2.23 |
| Sep 30, 2022 | 2.23 |
| Jun 30, 2022 | 0.80 |
| Jun 30, 2022 | 0.80 |
| Mar 31, 2022 | 1.36 |
| Mar 31, 2022 | 1.36 |
| Dec 31, 2021 | 2.62 |
| Dec 31, 2021 | 2.62 |
| Sep 30, 2021 | 1.11 |
| Sep 30, 2021 | 1.11 |