YOLFTbeta
Carlyle Secured Lending Inc

Carlyle Secured Lending Inc

CGBD · NASDAQ · Financial Services / Asset Management

11.08USD-0.10 (-0.89%)

Price History

Full chart

Market Stats

Previous Close11.18
Open11.24
Day Range10.96 – 11.30
52-Week Range9.90 – 12.13
Volume556.99K
Market Cap767.17M
P/E (TTM)21.86
Forward P/E7.90
EPS0.51
Dividend Yield13.45%
Beta0.71
50-Day Avg11.04
200-Day Avg11.44

About

Carlyle Secured Lending, Inc. is business development company specializing in first lien debt, senior secured loans, second lien senior secured loan unsecured debt, mezzanine debt and investments in equities. It specializes in directly investing. It specializes in middle market. It targets healthcare and pharmaceutical, aerospace and defense, high tech industries, business services, software, beverage food and tobacco, hotel gamming and leisure, banking finance insurance and in real estate sector. The fund seeks to invest across United States of America, Luxembourg, Cayman Islands, Cyprus, and United Kingdom. It invests in companies with EBITDA between $25 million and $100 million.

Company Details

  • SectorFinancial Services
  • IndustryAsset Management
  • CEOMr. Alex Chi
  • Employees0
  • HeadquartersOne Vanderbilt Avenue, New York, NY, United States, 10017, USA
  • Websitehttps://carlylesecuredlending.com

Leadership

  • Mr. Alex ChiCEO, Head of Direct Lending, Deputy Chief Investment Officer of Carlyle Global Credit & Director · b. 1973
  • Mr. Michael HadleyChief Investment Officer, VP & Head of Underwriting
  • Mr. Nelson JosephPrincipal Accounting Officer · b. 1979
  • Ms. Allison RudaryHead, Investor Relations
  • Mr. Joshua A. Lefkowitz J.D.Chief Compliance Officer & Secretary · b. 1974
  • Mr. Alexander I. PopovVP & Head of Private Credit
  • Mr. Nishil MehtaHead of Shareholder Relations
  • Mr. Frank TaylorTreasurer · b. 1992
  • Mr. Joseph KurcheAssociate
  • Mr. Jason ZhaoAssociate, TCG BDC, Inc.

Financials

Income Statement

Currency: USD2013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue3.77M14.20M30.10M87.72M110.71M85.58M70.19M17.12M169.89M138.63M172.80M167.76M197.79M
Growth (%)-+276.29%+111.94%+191.44%+26.22%-22.70%-17.98%-75.61%+892.51%-18.40%+24.64%-2.91%+17.90%
Cost of Revenue353.00K3.65M9.58M16.46M24.51M37.80M110.60M47.88M47.36M43.96M71.71M68.48M57.56M
Gross Profit3.42M10.55M20.52M71.25M86.20M47.78M70.19M17.12M169.89M94.67M101.09M99.28M140.23M
Gross Margin90.65%74.31%68.16%81.23%77.86%55.83%100.00%100.00%100.00%68.29%58.50%59.18%70.90%
Operating Expense5.35M4.94M1.84M1.37M1.74M8.43M8.45M9.71M8.75M7.21M6.37M7.56M-30.23M
Operating Income-1.93M5.61M18.67M69.89M84.46M39.34M61.73M7.40M161.13M87.47M94.72M91.72M170.46M
Operating Margin-51.06%39.53%62.04%79.67%76.29%45.98%87.96%43.24%94.85%63.09%54.81%54.67%86.18%
EBITDA-1.41M7.43M19.72M71.30M85.41M41.24M61.73M9.54M359.85M87.47M94.72M95.20M165.27M
EBITDA Margin-37.47%52.35%65.53%81.29%77.15%48.19%87.96%55.70%211.82%63.09%54.81%56.75%83.56%
Net Income-1.93M5.61M18.67M69.81M84.20M39.12M61.33M6.83M160.35M85.64M92.28M88.98M69.97M
Net Income Margin-51.06%39.53%62.04%79.59%76.05%45.71%87.38%39.90%94.39%61.77%53.40%53.04%35.38%
R&D---0.690.550.190.340.060.850.420.43--
R&D as % of Total Revenue---0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%--
Interest Expense353.00K3.65M9.58M16.46M24.51M37.80M50.59M35.82M28.83M43.96M71.71M68.48M88.09M
Interest Expense % of Total Revenue9.35%25.69%31.84%18.77%22.14%44.17%72.07%209.27%16.97%31.71%41.50%40.82%44.54%

Balance Sheet

Currency: USD2012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets2.00K260.97M716.72M1.11B1.49B2.02B2.08B2.19B1.92B2.03B2.04B1.94B1.93B2.79B
Total Liabilities-2.00K74.97M378.46M534.66M726.02M894.08M1.02B1.23B1.02B1.08B1.12B1.03B1.02B1.62B
Total Equity2.00K186.00M338.26M571.73M764.14M1.13B1.06B956.47M901.36M948.80M917.42M912.81M905.20M1.17B
Cash2.00K42.01M8.75M41.84M38.49M32.04M87.19M36.75M52.23M22.99M16.09M60.45M29.67M45.02M
Total Debt-66.82M308.44M507.31M692.73M1.10B1.41B1.18B983.92M1.04B1.08B980.18M967.65M1.53B
Net Debt-2.00K24.81M299.69M465.48M654.25M801.91M873.49M1.14B931.69M1.02B1.06B919.74M937.98M1.49B

Cash Flow

Currency: USD2013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-207.80M-425.76M-389.94M-314.61M-385.65M28.80M-91.89M305.16M75.43M14.51M230.61M104.27M-204.56M
Investing Cash Flow-206.85M-444.20M-425.15M-372.06M-467.55M-65.09M-175.29M236.87M6.06M-56.96M---334.56M
Financing Cash Flow249.81M392.51M423.03M311.26M379.20M26.35M41.46M-273.49M-50.78M-77.08M-200.67M-108.14M224.48M
Capital Expenditure0000000000000
Free Cash Flow-207.80M-425.76M-389.94M-314.61M-385.65M28.80M-91.89M305.16M75.43M14.51M230.61M104.27M-204.56M
Dividends Paid-11.85M35.55M61.20M76.05M93.30M107.10M96.55M83.66M86.82M93.02M96.00M104.04M
FCF to OCF100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%
Dividend Paid to FCF--2.78%-9.12%-19.45%-19.72%324.03%-116.55%31.64%110.91%598.26%40.34%92.07%-50.86%

Earnings

Report DateMay 10, 2017Aug 8, 2017Nov 7, 2017Feb 27, 2018May 3, 2018Aug 7, 2018Nov 6, 2018Feb 26, 2019May 7, 2019Aug 6, 2019Nov 5, 2019Feb 25, 2020May 5, 2020Aug 4, 2020Nov 4, 2020Feb 23, 2021May 4, 2021Aug 3, 2021Nov 2, 2021Feb 22, 2022May 3, 2022Aug 9, 2022Nov 8, 2022Feb 27, 2023May 10, 2023Aug 8, 2023Nov 7, 2023Feb 26, 2024May 7, 2024Aug 5, 2024Nov 5, 2024Feb 24, 2025May 6, 2025Aug 5, 2025Nov 4, 2025Feb 24, 2026May 12, 2026Aug 6, 2026Nov 3, 2026
EPS Estimate-0.370.410.400.400.400.400.410.420.440.410.430.400.360.360.360.360.360.370.390.390.380.410.450.490.500.510.520.520.510.490.440.430.390.390.370.370.320.37
EPS Actual0.460.470.410.430.400.450.410.470.450.460.450.430.420.380.360.360.360.380.390.390.470.400.580.480.500.520.520.560.520.510.470.470.400.390.370.330.360.35-
Surprise-27.03%0.00%7.50%0.00%12.50%2.50%14.63%7.14%4.55%9.76%0.00%5.00%5.56%0.00%0.00%0.00%5.56%5.41%0.00%20.51%5.26%41.46%6.67%2.04%4.00%1.96%7.69%0.00%0.00%-4.08%7.04%-6.98%0.00%-5.13%-10.81%-3.02%9.38%-
TimingAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hours

Key Statistics & Ratios

Market Cap767.17M
Enterprise Value2.04B
Trailing P/E21.86
Forward P/E7.90
PEG Ratio3.54
Price / Sales2.96
Price / Book0.71
EPS0.51
Book Value15.61
Revenue (TTM)259.59M
Gross Profit (TTM)259.59M
Profit Margin14.26%
Operating Margin74.03%
Return on Equity3.25%
Return on Assets4.80%
Shares Outstanding68.80M
Shares Float0
Beta0.71
Dividend Yield13.45%
Dividend Rate1.50
Payout Ratio106.38%

Analyst Ratings

Hold
Based on 4 analystsTarget 12.50
  • Hold
    2
  • Sell
    2

Ownership Breakdown

Institutions
40.74%
Insiders
0.36%
Retail / Other
58.90%

Top Institutional Holders

  • Creative Planning Inc
    3.23M4.67%
  • Morgan Stanley - Brokerage Accounts
    2.63M3.81%
  • RSM US WEALTH MANAGEMENT LLC
    1.36M1.97%
  • Van Eck Associates Corporation
    1.31M1.90%
  • Amvescap Plc.
    1.31M1.90%
  • UBS Group AG
    1.24M1.79%
  • Lalia Capital, LLC
    927.33K1.34%
  • Muzinich & Co Inc
    741.28K1.07%
  • CF Capital LLC
    616.00K0.89%
  • Legal & General Group PLC
    551.58K0.80%
  • Mariner Wealth Advisors LLC
    548.52K0.79%
  • Sumitomo Mitsui Trust Group Inc
    519.74K0.75%
  • Diameter Capital Partners LP
    508.39K0.74%
  • Ares Management LLC
    472.19K0.68%
  • SRS Capital Advisors Inc
    465.61K0.67%
  • The Toronto-Dominion Bank
    450.00K0.65%
  • Two Sigma Investments LLC
    448.85K0.65%

Top Fund Holders

  • VanEck BDC Income ETF
    1.37M1.97%
  • Invesco KBW High Dividend Yld Fincl ETF
    1.20M1.74%
  • Accelerate Divers Crdt Inc ETF
    525.61K0.76%

Dividends

20263×
0.35Sep 30, 20260.35Jun 30, 20260.40Mar 31, 2026
20254×
0.40Dec 31, 20250.40Sep 30, 20250.40Jun 30, 20250.45Mar 24, 2025
20244×
0.40Dec 31, 20240.07Sep 30, 20240.40Jun 28, 20240.40Mar 27, 2024
20234×
0.07Dec 28, 20230.07Sep 28, 20230.37Jun 29, 20230.37Mar 30, 2023
20224×
0.36Dec 29, 20220.06Sep 29, 20220.40Jun 29, 20220.32Mar 30, 2022
20214×
0.32Dec 30, 20210.32Sep 29, 20210.32Jun 29, 20210.05Mar 30, 2021
20201×
0.36Dec 30, 2020