Carlyle Group Inc (CG) - Net Assets

Latest as of March 2026: $7.37 Billion USD

Based on the latest financial reports, Carlyle Group Inc (CG) has net assets worth $7.37 Billion USD as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($29.84 Billion) and total liabilities ($22.47 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. Also explore Carlyle Group Inc assets under control for the complete picture of this company's asset base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	$7.37 Billion
% of Total Assets	24.71%
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. Check tangible net worth ratio of Carlyle Group Inc to evaluate the tangible quality of the company's equity 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 Carlyle Group Inc market cap and net worth.

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 grown by 164230000000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	$1.64 Billion	28.50%
Common Stock	$3.60 Million	0.06%
Other Comprehensive Income	$-170.20 Million	-2.95%
Other Components	$4.29 Billion	74.39%
Total Equity	$5.76 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
Lattice Semiconductor Corporation NASDAQ:LSCC	$17.22 Billion
Woori Financial Group Inc KO:316140	$17.24 Billion
Geberit AG SW:GEBN	$17.28 Billion
Cemex SAB de CV ADR NYSE:CX	$17.28 Billion
Computershare Ltd AU:CPU	$17.20 Billion
Lenovo Group Limited F:LHL1	$17.12 Billion
Zhejiang Juhua Co Ltd SHG:600160	$17.10 Billion
MERCK KGAA NAM.SP.ADR F:MRKC	$17.07 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 5,761,500,000, a change of 154,600,000 (2.8%).
Net income of 808,700,000 contributed positively to equity growth.
Dividend payments of 505,100,000 reduced retained earnings.
Share repurchases of 686,500,000 reduced equity.
Other comprehensive income increased equity by 159,600,000.
Other factors increased equity by 377,900,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	$808.70 Million	+14.04%
Dividends Paid	$505.10 Million	-8.77%
Share Repurchases	$686.50 Million	-11.92%
Other Comprehensive Income	$159.60 Million	+2.77%
Other Changes	$377.90 Million	+6.56%
Total Change	$-	2.76%

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: 3.08x
The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
The price-to-book ratio has decreased from 33.26x to 3.08x 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	$47.79	x
2010-12-31	$3.08	$47.79	x
2011-12-31	$5.27	$47.79	x
2012-12-31	$3.67	$47.79	x
2013-12-31	$2.91	$47.79	x
2014-12-31	$255.23	$47.79	x
2015-12-31	$20.34	$47.79	x
2016-12-31	$1.00	$47.79	x
2017-12-31	$9.82	$47.79	x
2018-12-31	$13.80	$47.79	x
2019-12-31	$8.07	$47.79	x
2020-12-31	$7.50	$47.79	x
2021-12-31	$14.56	$47.79	x
2022-12-31	$17.01	$47.79	x
2023-12-31	$14.36	$47.79	x
2024-12-31	$15.24	$47.79	x
2025-12-31	$15.53	$47.79	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): 14.04%
The company shows good efficiency in utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 16.51%
• Asset Turnover: 0.17x
• Equity Multiplier: 5.05x
Recent ROE (14.04%) is below the historical average (32.50%), 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	0.49%	2.20%	0.09x	2.54x	$-1.66 Billion
2015	-0.30%	-0.87%	0.07x	5.30x	$-626.16 Million
2016	2.08%	0.33%	0.19x	32.39x	$-24.39 Million
2017	8.28%	10.56%	0.19x	4.16x	$-50.80 Million
2018	2.48%	5.67%	0.14x	3.15x	$-353.00 Million
2019	12.83%	13.06%	0.21x	4.65x	$83.94 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	14.04%	16.51%	0.17x	5.05x	$232.55 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: $1,487,314,470
Average return on equity (ROE) among peers: -13.20%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Carlyle Group Inc (CG)	$7.37 Billion	158.65%	3.05x	$17.20 Billion
Acadian Asset Management Inc (AAMI)	$176.10 Million	77.46%	7.82x	$1.86 Billion
AllianceBernstein Holding L.P. (AB)	$1.56 Billion	20.84%	0.01x	$3.38 Billion
Associated Capital Group Inc (AC)	$1.11 Billion	1.70%	0.06x	$78.56 Million
Abrdn Emerging Markets Equity Income Fund Inc (AEF)	$134.30 Million	-18.79%	0.03x	$265.69 Million
AgriFORCE Growing Systems Ltd (AGRI)	$2.99 Million	-170.94%	0.46x	$194.14 Million
Alpha Compute Corp (ALP)	$4.53 Million	-55.38%	0.03x	$4.50 Million
Alvarium Tiedemann Holdings Inc. (ALTI)	$83.45 Million	-7.38%	0.39x	$455.97 Million
Affiliated Managers Group Inc (AMG)	$4.30 Billion	10.10%	0.79x	$9.37 Billion
Ameriprise Financial Inc (AMP)	$7.81 Billion	10.42%	12.99x	$40.38 Billion
AMTD IDEA Group (AMTD)	$-303.04 Million	0.00%	0.00x	$32.52 Million

About Carlyle Group Inc

NASDAQ:CG USA Asset Management

Market Cap

$17.20 Billion

Market Cap Rank

#1479 Global

#586 in USA

Share Price

$47.79

Change (1 day)

-2.23%

52-Week Range

$40.52 - $69.35

All Time High

$69.35