Carlyle Secured Lending, Inc.

Carlyle Secured Lending, Inc.

CGBD
Carlyle Secured Lending, Inc.US flagNASDAQ Global Select
10.44
USD
+0.08
- -
725.55MMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.1
0.32
0.62
2.07
1.63
0.76
1.17
0.3
3.1
1.82
1.99
1.95
1.2
0.87
Basic EPS, GAAP
-0.06
0.17
0.56
2.03
1.59
0.63
1.02
0.08
2.89
1.58
1.75
1.68
1.02
0.72
Free Cash Flow per Basic Share
-6.26
-12.83
-11.75
-9.14
-7.28
0.46
-1.53
5.41
1.39
0.28
4.54
2.05
-3.02
-1.91
Dividend per Share
- -
0.36
1.07
1.78
1.43
1.49
1.78
1.71
1.54
1.67
1.83
1.89
1.54
1.52
Book Value per Share
-0.02
-0.13
-0.38
-0.08
-0.83
-1.75
-2.51
-4.05
-2.8
-2.94
-2.98
-3.1
-2.88
-3.15
Tangible Book Value per Share
5.61
10.2
17.23
22.21
21.27
17
15.89
15.09
16.57
16.65
16.98
16.82
17.24
15.46
Basic Weighted Avg Shares
33
33
33
34
53
63
60
56
54
52
51
51
68
72
Sales/Revenue/Turnover
3
11
21
71
86
48
70
17
168
95
101
99
81
63
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Net Income, GAAP
-2
6
19
70
84
39
61
7
160
86
92
89
70
52
Effective Tax Rate (%)
- -
- -
- -
0.11
0.31
0.58
0.65
7.74
0.49
2.09
2.57
2.99
2.65
3.13
Profit Margin (%)
-56.33
53.2
91.02
97.97
97.68
81.87
87.38
39.9
95.47
90.46
91.29
89.63
86.4
81.98
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
67
308
505
693
834
961
1,178
984
1,044
1,077
979
968
1,532
1,385
Total Equity
186
338
572
764
1,127
1,063
956
901
949
917
913
905
1,167
1,117
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
73
72
70
Market Capitalization
824
823
790

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
26
45
68
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
8.93%
5.92%
28.96%
Free Cash Flow
2.67%
196.41%
-296.19%
Net Income, GAAP
239.32%
436.87%
-21.36%
Sales/Revenue/Turnover
101.92%
164.84%
-18.42%
Total Cash Common Dividend
13.32%
2.26%
11.58%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
32
21
22
24
99
2025
17
17
27
20
81
2026
-1
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.56
0.35
0.37
- -
1.68
2025
0.25
0.2
0.33
- -
1.02
2026
-0.06
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.46
0.5
0.47
- -
1.89
2025
0.44
0.31
0.4
- -
1.54
2026
0.41
- -
- -
- -
- -

Company Description

APIChatGPT
CEO
Alex Chi
Full Time Employees
2,500
Sector
Financial Services
Industry
Asset Management
Address
One Vanderbilt Avenue New York City NY United States of America 10017
IPO Date
Jun 14, 2017
Business
Carlyle Secured Lending, Inc. Carlyle Secured Lending, Inc. (NASDAQ: CGBD) is an externally managed business development company that originates and invests in first lien senior secured debt, second lien senior secured loans, unitranche facilities, mezzanine debt, unsecured debt and equity investments primarily for middle-market companies with EBITDA between $25 million and $100 million backed by private equity sponsors. The company targets recession-resistant sectors including healthcare and pharmaceuticals, aerospace and defense, high technology, business services, software, beverage, food and tobacco, hotel, gaming and leisure, banking, finance, insurance and real estate; it operates principally in the United States with additional investments in Luxembourg, Cayman Islands, Cyprus and the United Kingdom. Founded in 2012 and headquartered at One Vanderbilt Avenue in New York, New York, Carlyle Secured Lending leverages the global origination platform and credit expertise of its affiliate The Carlyle Group Inc. The Carlyle Group Inc. to underwrite and manage a diversified portfolio exceeding $2.3 billion in fair value. In March 2025, the company closed its merger with Carlyle Secured Lending III, a private BDC with overlapping strategy, increasing total assets to over $2.5 billion, enhancing scale, liquidity and portfolio diversity while Carlyle covered up to $5 million in certain merger expenses; it also priced a $300 million public offering of 5.750% unsecured notes due 2031 in October 2025 to repay debt, fund investments and support general corporate purposes, and reported record Q2 2025 originations with net investment income of $0.39 per share.

Company News

APIChatGPT
  • Carlyle Secured Lending, Inc. Schedules Earnings Release and Quarterly Earnings Call to Discuss its Financial Results for the Second Quarter Ended June 30, 2026

  • Carlyle Secured Lending: Major Revaluation Opportunity

  • 4 Deeply Discounted BDCs Paying Us Up To 13%

  • Carlyle Secured Lending: Downside Risks Remain Due To Software Exposure

  • The High-Yield Stocks the Smart Money Is Buying Right Now

  • Carlyle Secured Lending: I'm Buying This Mispriced Double-Digit Yield

  • Carlyle Secured Lending: 12.5% Dividend Reduction, Signs Of Stability, But I'm Not Ready To Turn Bullish

  • Carlyle Secured Lending Inc. (CGBD) Q1 2026 Earnings Call Transcript

  • Carlyle Secured Lending Q1 Earnings Call Highlights

  • Carlyle Secured Lending, Inc. (CGBD) Q1 Earnings Surpass Estimates

  • Carlyle Secured Lending, Inc. Announces Financial Results For First Quarter Ended March 31, 2026, Declares Second Quarter 2026 Dividend of $0.35 Per Common Share

  • Carlyle Secured Lending, Inc. Announces Financial Results For First Quarter Ended March 31, 2026, Declares Second Quarter 2026 Dividend of $0.35 Per Common Share

  • Carlyle Secured Lending: Portfolio, Yield, And Capital Structure Review

  • Carlyle Secured Lending, Inc. Schedules Earnings Release and Quarterly Earnings Call to Discuss its Financial Results for the First Quarter Ended March 31, 2026

  • 20 BDCs And 13 Of Them Are Likely To Slash Their Dividends This Year

  • Reviewing OFS Capital (NASDAQ:OFS) and Carlyle Secured Lending (NASDAQ:CGBD)

  • Carlyle Secured Lending: Dividend Reset Priced In

  • Reviewing Carlyle Secured Lending (NASDAQ:CGBD) and Baltic International USA (OTCMKTS:BISA)

  • Brokerages Set Carlyle Secured Lending, Inc. (NASDAQ:CGBD) PT at $13.20

  • Carlyle Secured Lending: I Believe The Dividend Has A +50% Chance Of Being Cut In 2026