What is The Carlyle Group Return-on-Tangible-Equity?
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. The Carlyle Group's annualized net income for the quarter that ended in Dec. 2023 was $-2,768 Mil. The Carlyle Group's average shareholder tangible equity for the quarter that ended in Dec. 2023 was $4,775 Mil. Therefore, The Carlyle Group's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was -57.97%.
The historical rank and industry rank for The Carlyle Group's Return-on-Tangible-Equity or its related term are showing as below:
CG'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -12.48 Med: 22.48 Max: 75.46
Current: -12.02
During the past 13 years, The Carlyle Group's highest Return-on-Tangible-Equity was 75.46%. The lowest was -12.48%. And the median was 22.48%.
CG's Return-on-Tangible-Equity is ranked worse than 86.15% of 1675
companies
in the Asset Management industry
Industry Median: 4.53
vs CG: -12.02
The Carlyle Group Return-on-Tangible-Equity Historical Data
The historical data trend for The Carlyle Group's Return-on-Tangible-Equity can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of The Carlyle Group's Return-on-Tangible-Equity
For the Asset Management subindustry, The Carlyle Group's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
The Carlyle Group's Return-on-Tangible-Equity Distribution in the Asset Management Industry
For the Asset Management industry and Financial Services sector, The Carlyle Group's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where The Carlyle Group's Return-on-Tangible-Equity falls into.
The Carlyle Group Return-on-Tangible-Equity Calculation
The Carlyle Group's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Dec. 2023) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
The Carlyle Group (NAS:CG) Return-on-Tangible-Equity Explanation
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
The Carlyle Group Return-on-Tangible-Equity Related Terms
Thank you for viewing the detailed overview of The Carlyle Group's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
The Carlyle Group (The Carlyle Group) Business Description
The Carlyle Group is one of the world's largest alternative-asset managers, with $382.3 billion in total assets under management, including $273.0 billion in fee-earning AUM, at the end of September 2023. The company has three core business segments: private equity, which includes private equity, real estate, infrastructure, and natural resources funds (accounting for 40% of fee-earning AUM and 64% of base management fees during 2023), global credit (46% and 25%) and investment solutions (14% and 11%). The firm primarily serves institutional investors and high-net-worth individuals. Carlyle operates through 29 offices across five continents, serving more than 2,900 active carry fund investors from 88 countries.
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