The Carlyle Group Inc. (CG) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Total Current Assets | 3.88B | 3.21B | 4.26B | 2.78B | 2.78B | 3.14B | 2.84B | 2.91B | 2.53B | 2.62B | 2.44B | 2.26B | 1.95B | 2.33B | 2.2B | 2.22B | 2.07B | 3.2B | 3.07B | 2.32B |
| Cash & Short-Term Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Cash Only | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Short-Term Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Accounts Receivable | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Days Sales Outstanding | - | - | 120.46 | 79.77 | 114.82 | 100.15 | 59.39 | 87.6 | 100.19 | -344.14 | 93.21 | 105.58 | 76.17 | 78.26 | 61.98 | 62.09 | 37.99 | 32.69 | 37.47 | 23.43 |
| Inventory | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Days Inventory Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Current Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Non-Current Assets | 25.96B | 25.91B | 22.8B | 22.29B | 21.32B | 19.96B | 19.82B | 19.38B | 18.32B | 18.56B | 18.52B | 19.13B | 19.32B | 19.07B | 18.89B | 19.21B | 19.67B | 18.05B | 17.72B | 17.33B |
| Property, Plant & Equipment | 567.8M | 556.8M | 539.7M | 542.8M | 544.3M | 526.7M | 527.7M | 521.5M | 512.1M | 493.7M | 492.2M | 498.4M | 473.3M | 476.9M | 467.9M | 479M | 496M | 505M | 503.6M | 478.6M |
| Fixed Asset Turnover | 0.34x | 3.36x | 1.44x | 2.16x | 1.51x | 1.76x | 2.83x | 1.78x | 1.50x | -0.45x | 1.54x | 1.17x | 1.59x | 1.59x | 1.89x | 1.68x | 2.43x | 2.75x | 2.33x | 3.45x |
| Goodwill | 0 | 104.6M | 104.6M | 104.5M | 103.9M | 103.6M | 104.1M | 103.9M | 103.9M | 104M | 103.8M | 104M | 104M | 103.9M | 103M | 12.7M | 13.1M | 13.3M | 0 | 0 |
| Intangible Assets | 473.6M | 402.5M | 435.4M | 469.1M | 499.3M | 530.5M | 566.5M | 596.3M | 628.9M | 662.1M | 692.2M | 731.3M | 762.4M | 793.9M | 822.1M | 771.7M | 807M | 21.6M | 36.9M | 38.9M |
| Long-Term Investments | 24.79B | 2.88B | 2.94B | 3B | 3.15B | 3.29B | 3.23B | 3.17B | 3.15B | 3.02B | 2.95B | 2.91B | 2.81B | 2.9B | 2.88B | 0 | 0 | 2.13B | 0 | 0 |
| Other Non-Current Assets | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Assets | 29.84B | 29.12B | 27.06B | 25.07B | 24.1B | 23.1B | 22.66B | 22.28B | 20.85B | 21.18B | 20.96B | 21.38B | 21.27B | 21.4B | 21.09B | 21.42B | 21.74B | 21.25B | 20.79B | 19.65B |
| Asset Turnover | 0.01x | 0.07x | 0.03x | 0.05x | 0.03x | 0.04x | 0.07x | 0.04x | 0.04x | -0.01x | 0.04x | 0.03x | 0.04x | 0.04x | 0.04x | 0.04x | 0.06x | 0.07x | 0.06x | 0.09x |
| Asset Growth % | 23.85% | 26.02% | 19.41% | 12.49% | 15.57% | 9.1% | 8.12% | 4.22% | -1.99% | -1.06% | -0.64% | -0.2% | -2.13% | 0.72% | 1.46% | 9.04% | 28.05% | 35.83% | 46.38% | 59.46% |
| Total Current Liabilities | 358.2M | 203.9M | 214.8M | 198.9M | 292.8M | 241.9M | 219.8M | 279.3M | 334.1M | 459M | 263.5M | 327.5M | 304.8M | 369.2M | 379.4M | 315M | 365.4M | 379.7M | 374.5M | 309.8M |
| Accounts Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 263.5M | 327.5M | 304.8M | 369.2M | 379.4M | 315M | 365.4M | 379.7M | 374.5M | 309.8M |
| Days Payables Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Short-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 279.3M | 334.1M | 459M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue (Current) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Current Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Current Ratio | 10.83x | 15.72x | 19.83x | 13.99x | 9.49x | 12.98x | 12.92x | 10.40x | 7.57x | 5.71x | 9.26x | 6.89x | 6.40x | 6.31x | 5.81x | 7.03x | 5.66x | 8.42x | 8.21x | 7.47x |
| Quick Ratio | 10.83x | 15.72x | 19.83x | 13.99x | 9.49x | 12.98x | 12.92x | 10.40x | 7.57x | 5.71x | 9.26x | 6.89x | 6.40x | 6.31x | 5.81x | 7.03x | 5.66x | 8.42x | 8.21x | 7.47x |
| Cash Conversion Cycle | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 22.47B | 21.86B | 20B | 18.15B | 17.42B | 16.51B | 16.1B | 16.28B | 14.78B | 14.93B | 14.19B | 14.41B | 14.16B | 14.21B | 14.06B | 14.68B | 15.02B | 15.16B | 15.38B | 14.72B |
| Long-Term Debt | 14.15B | 13.89B | 12.66B | 10.71B | 10.46B | 9.5B | 9.25B | 9.79B | 8.51B | 8.38B | 9.19B | 9.28B | 8.86B | 8.68B | 8.25B | 8.51B | 8.5B | 8.5B | 8.87B | 8.21B |
| Capital Lease Obligations | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Deferred Tax Liabilities | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Non-Current Liabilities | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | 22.47B | 22.06B | 20.21B | 18.35B | 17.71B | 16.76B | 16.32B | 16.55B | 15.11B | 15.39B | 14.45B | 14.74B | 14.46B | 14.58B | 14.44B | 14.99B | 15.38B | 15.54B | 15.76B | 15.03B |
| Total Debt | 14.62B | 13.89B | 12.66B | 10.71B | 10.46B | 9.5B | 9.25B | 10.54B | 9.3B | 9.26B | 9.19B | 9.28B | 8.86B | 8.68B | 8.25B | 8.51B | 8.5B | 8.5B | 8.87B | 8.21B |
| Net Debt | 11.86B | 10.69B | 9.4B | 8.97B | 8.7B | 7.4B | 7.38B | 8.58B | 7.59B | 7.47B | 7.57B | 7.88B | 7.62B | 7.11B | 6.71B | 6.97B | 7.04B | 5.88B | 6.33B | 6.44B |
| Debt / Equity | 1.98x | 1.97x | 1.85x | 1.59x | 1.64x | 1.50x | 1.46x | 1.84x | 1.62x | 1.60x | 1.41x | 1.40x | 1.30x | 1.27x | 1.24x | 1.32x | 1.34x | 1.49x | 1.76x | 1.78x |
| Debt / EBITDA | - | 27.00x | 94.29x | 21.92x | 48.00x | 30.39x | 11.07x | 39.89x | 56.01x | - | 45.70x | - | 43.50x | 40.15x | 20.56x | 25.01x | 11.15x | 9.23x | 12.40x | 6.49x |
| Net Debt / EBITDA | - | 20.77x | 70.02x | 18.36x | 39.92x | 23.68x | 8.84x | 32.46x | 45.75x | - | 37.65x | - | 37.41x | 32.89x | 16.72x | 20.48x | 9.23x | 6.39x | 8.86x | 5.09x |
| Interest Coverage | -3.64x | 13.06x | 0.41x | 2.22x | 1.21x | 1.70x | 4.10x | 1.20x | 0.78x | -5.52x | 1.14x | -0.53x | 1.29x | 1.67x | 4.43x | 4.44x | 10.52x | 11.10x | 9.67x | 17.40x |
| Total Equity | 7.37B | 7.06B | 6.85B | 6.72B | 6.39B | 6.35B | 6.34B | 5.73B | 5.74B | 5.78B | 6.5B | 6.64B | 6.81B | 6.82B | 6.65B | 6.43B | 6.35B | 5.71B | 5.03B | 4.62B |
| Equity Growth % | 15.5% | 11.18% | 8.05% | 17.25% | 11.24% | 9.73% | -2.6% | -13.77% | -15.73% | -15.2% | -2.26% | 3.3% | 7.2% | 19.54% | 32.23% | 39.17% | 71.17% | 94.74% | 107.1% | 115.71% |
| Book Value per Share | 20.53 | 18.87 | 18.18 | 18.30 | 17.43 | 17.11 | 17.34 | 15.62 | 15.54 | 16.03 | 17.89 | 18.39 | 18.64 | 18.61 | 18.14 | 17.56 | 17.50 | 16.05 | 13.80 | 12.76 |
| Total Shareholders' Equity | 7.37B | 5.76B | 5.62B | 5.86B | 5.58B | 5.61B | 5.55B | 5.03B | 5.07B | 5.19B | 5.92B | 5.96B | 6.17B | 6.22B | 6.12B | 5.99B | 5.91B | 5.28B | 4.76B | 4.34B |
| Common Stock | 3.6M | 3.6M | 3.6M | 3.6M | 3.6M | 3.6M | 3.6M | 3.6M | 3.6M | 3.6M | 3.6M | 3.6M | 3.6M | 3.6M | 3.6M | 3.6M | 3.6M | 3.6M | 3.6M | 3.5M |
| Retained Earnings | 1.17B | 1.64B | 1.62B | 1.95B | 1.86B | 2.04B | 2.03B | 1.71B | 1.87B | 2.08B | 2.9B | 2.99B | 3.28B | 3.4B | 3.43B | 3.31B | 3.21B | 2.81B | 2.32B | 1.94B |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -181.2M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 1.97B | 1.3B | 1.23B | 857.1M | 807.8M | 740.7M | 788.7M | 699.5M | 669.3M | 593.1M | 584.7M | 680.9M | 636.7M | 600.3M | 537.2M | 446M | 444.3M | 427.2M | 273.8M | 285M |