Carlyle Group Inc (CG) - Net Assets

Latest as of December 2025: $7.06 Billion USD

Based on the latest financial reports, Carlyle Group Inc (CG) has net assets worth $7.06 Billion USD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($29.12 Billion) and total liabilities ($22.06 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Carlyle Group Inc liquidity resilience to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	$7.06 Billion
% of Total Assets	24.24%
Annual Growth Rate	15.4%
5-Year Change	23.67%
10-Year Change	385.36%
Growth Volatility	97.64

Carlyle Group Inc - Net Assets Trend (2009–2025)

This chart illustrates how Carlyle Group Inc's net assets have evolved over time, based on quarterly financial data. Also explore total assets of Carlyle Group Inc for the complete picture of this company's asset base.

Annual Net Assets for Carlyle Group Inc (2009–2025)

The table below shows the annual net assets of Carlyle Group Inc from 2009 to 2025. For live valuation and market cap data, see market cap of Carlyle Group Inc.

Year	Net Assets	Change
2025-12-31	$7.06 Billion	+11.18%
2024-12-31	$6.35 Billion	+9.73%
2023-12-31	$5.78 Billion	-15.20%
2022-12-31	$6.82 Billion	+19.54%
2021-12-31	$5.71 Billion	+94.74%
2020-12-31	$2.93 Billion	-1.33%
2019-12-31	$2.97 Billion	-36.75%
2018-12-31	$4.70 Billion	+59.21%
2017-12-31	$2.95 Billion	+102.82%
2016-12-31	$1.45 Billion	-76.08%
2015-12-31	$6.08 Billion	-65.23%
2014-12-31	$17.48 Billion	+68.42%
2013-12-31	$10.38 Billion	-2.97%
2012-12-31	$10.70 Billion	+16.67%
2011-12-31	$9.17 Billion	+316.96%
2010-12-31	$2.20 Billion	+208.10%
2009-12-31	$713.60 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Carlyle Group Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

Retained earnings have decreased by 0.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Other Components	$7.06 Billion	100.00%
Total Equity	$7.06 Billion	100.00%

Carlyle Group Inc Competitors by Market Cap

The table below lists competitors of Carlyle Group Inc ranked by their market capitalization.

Company	Market Cap
Halliburton Co BA:HAL	$18.16 Billion
Great Wall Motor Co Ltd SHG:601633	$18.18 Billion
Banco de Chile F:G4RA	$18.19 Billion
BANCO BRANDESCO SP.ADR 1 F:BREA	$18.19 Billion
Dongfang Electric Corp Ltd Class A SHG:600875	$18.14 Billion
Santos Ltd AU:STO	$18.13 Billion
Geberit AG SW:GEBN	$18.11 Billion
JSC National Atomic Company Kazatomprom IL:KAP	$18.08 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Carlyle Group Inc's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 5,606,900,000 to 7,057,100,000, a change of 1,450,200,000 (25.9%).
Net income of 808,700,000 contributed positively to equity growth.
Other comprehensive income increased equity by 329,800,000.
Other factors increased equity by 311,700,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	$808.70 Million	+11.46%
Other Comprehensive Income	$329.80 Million	+4.67%
Other Changes	$311.70 Million	+4.42%
Total Change	$-	25.86%

Book Value vs Market Value Analysis

This analysis compares Carlyle Group Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

Current price-to-book ratio: 2.67x
The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
The price-to-book ratio has decreased from 35.36x to 2.67x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2009-12-31	$1.44	$50.80	x
2010-12-31	$3.08	$50.80	x
2011-12-31	$5.27	$50.80	x
2012-12-31	$3.67	$50.80	x
2013-12-31	$2.91	$50.80	x
2014-12-31	$132.81	$50.80	x
2015-12-31	$1.73	$50.80	x
2016-12-31	$1.00	$50.80	x
2017-12-31	$3.39	$50.80	x
2018-12-31	$8.34	$50.80	x
2019-12-31	$1.68	$50.80	x
2020-12-31	$7.50	$50.80	x
2021-12-31	$14.56	$50.80	x
2022-12-31	$17.01	$50.80	x
2023-12-31	$14.36	$50.80	x
2024-12-31	$15.24	$50.80	x
2025-12-31	$19.03	$50.80	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Carlyle Group Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

Current Return on Equity (ROE): 11.46%
The company shows good efficiency in utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 16.51%
• Asset Turnover: 0.17x
• Equity Multiplier: 4.13x
Recent ROE (11.46%) is below the historical average (36.07%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2009	158.65%	52.70%	0.52x	5.74x	$650.35 Million
2010	162.56%	71.34%	0.13x	18.18x	$1.43 Billion
2011	81.20%	70.94%	0.08x	14.75x	$1.19 Billion
2012	1.90%	0.46%	0.14x	29.53x	$-86.59 Million
2013	12.86%	2.63%	0.11x	44.01x	$23.15 Million
2014	0.94%	2.20%	0.09x	4.88x	$-823.65 Million
2015	-3.56%	-0.87%	0.07x	62.31x	$-70.06 Million
2016	2.08%	0.33%	0.19x	32.39x	$-24.39 Million
2017	24.01%	10.56%	0.19x	12.08x	$142.44 Million
2018	4.11%	5.67%	0.14x	5.21x	$-167.13 Million
2019	61.57%	13.06%	0.21x	22.32x	$319.04 Million
2020	12.95%	16.32%	0.14x	5.82x	$79.28 Million
2021	56.35%	51.08%	0.27x	4.03x	$2.45 Billion
2022	19.69%	33.31%	0.17x	3.44x	$602.90 Million
2023	-11.72%	-32.59%	0.09x	4.08x	$-1.13 Billion
2024	18.20%	24.96%	0.18x	4.12x	$459.71 Million
2025	11.46%	16.51%	0.17x	4.13x	$102.99 Million

Industry Comparison

This section compares Carlyle Group Inc's net assets metrics with peer companies in the Asset Management industry.

Industry Context

Industry: Asset Management
Average net assets among peers: $1,190,644,204
Average return on equity (ROE) among peers: 18.77%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Carlyle Group Inc (CG)	$7.06 Billion	158.65%	3.13x	$18.16 Billion
Acadian Asset Management Inc (AAMI)	$84.00 Million	95.24%	7.06x	$1.86 Billion
AllianceBernstein Holding L.P. (AB)	$1.60 Billion	17.42%	0.00x	$3.64 Billion
Associated Capital Group Inc (AC)	$964.38 Million	0.92%	0.04x	$78.56 Million
Abrdn Emerging Markets Equity Income Fund Inc (AEF)	$190.80 Million	139.32%	0.02x	$265.69 Million
AgriFORCE Growing Systems Ltd (AGRI)	$8.56 Million	-137.00%	1.03x	$194.14 Million
Alvarium Tiedemann Holdings Inc. (ALTI)	$75.99 Million	5.18%	0.76x	$385.27 Million
Affiliated Managers Group Inc (AMG)	$337.80 Million	7.58%	0.79x	$8.61 Billion
Ameriprise Financial Inc (AMP)	$7.29 Billion	9.95%	10.74x	$41.87 Billion
AMTD IDEA Group (AMTD)	$602.83 Million	14.44%	3.67x	$42.91 Million
Artisan Partners Asset Management Inc (APAM)	$749.92 Million	34.64%	1.16x	$2.67 Billion

About Carlyle Group Inc

NASDAQ:CG USA Asset Management

Market Cap

$18.16 Billion

Market Cap Rank

#1408 Global

#552 in USA

Share Price

$50.80

Change (1 day)

-0.96%

52-Week Range

$41.26 - $69.35

All Time High

$69.35