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Carlyle Secured Lending, Inc.

CGBDFinancial ServicesNASDAQ

Asset Management · Last scanned May 30, 2026

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Financials · Annual
Revenue
$81.0M
-18.4% YoY
Net Income
$70.0M
-21.4% YoY
Free Cash Flow
$41.5M

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About Carlyle Secured Lending, Inc.

Part of the financial services sector, Carlyle Secured Lending, Inc. (CGBD) is listed under Asset Management. The $751.3M market capitalization puts CGBD squarely in small-cap range for its industry. It specializes in directly investing.

Key stats
Market Cap$751.3M
P/E (TTM)15.44
Fwd P/E7.61
EPS$0.70
Beta0.72
52W Change-22.2%
Dividend Yield14.34%
ROE4.4%
Analysis

On the balance sheet, CGBD has $68.5M in cash with $1.38B in obligations. The ability to service this debt comfortably depends on continued operational cash generation. The company generates $41.5M in free cash flow annually, which funds everything from R&D to shareholder returns without needing external financing. ROE of 4.4% points to modest capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. ROA of 4.8% is on the lower side, which is common in asset-heavy industries. Revenue has pulled back from $94.7M (2022) to $81.0M (2025), a 14% decline worth watching.

Carlyle Secured Lending, Inc. carries a heavier debt load relative to its cash position, which introduces financial risk that investors should weigh. It is important to consider these factors alongside broader market conditions and individual financial goals when reviewing CGBD.

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