Stocktoria

Carlyle Secured Lending, Inc. CGBD

Nasdaq · stock · website · IPO 2017-06-14 · LEI

Carlyle Secured Lending, Inc. statistics & valuation

Market cap$751.3M
P / E10.7×
P / B0.6×
Dividend yield13.85%
Return on equity6.0%
Net debt$1.5B
Enterprise value USD$2.3B
Graham number +73.2%$19.22

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($19.22); a green figure means the price is below it.

Profitability & efficiency

Gross margin (%)
20212022202320242025
Operating margin (%)
20212022202320242025
Return on equity (%)
16.90% 9.30% 10.10% 9.80% 6.00% 20212022202320242025
Shares outstanding
59.5M 57.5M 56.3M 56.5M 71.8M 20212022202320242025
Net debt ($)
$1.04B $1.08B $980.2M $960.9M $1.53B 20212022202320242025
Share buybacks ($)
20212022202320242025
Return on assets (%)
7.90% 4.20% 4.80% 4.60% 2.50% 20212022202320242025
Free cash flow margin (%)
20212022202320242025
Debt / equity (×)
1.10× 1.17× 1.07× 1.06× 1.31× 20212022202320242025
EPS ($)
$2.69 $1.49 $1.64 $1.58 $1.01 20212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

Carlyle Secured Lending, Inc. trades at about 11× earnings — near its 10-year norm (10-year range 5.2×–12.1×, median 10.1×).

5.2× 12.1×

Shaded band = 10-year range (5.2×–12.1×); dot = today's 11×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021
Return on assets2.5%4.6%4.8%4.2%7.9%
Return on equity6.0%9.8%10.1%9.3%16.9%
Debt / equity1.31×1.06×1.07×1.17×1.10×

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.