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Carlyle Secured Lending, Inc. (CGBD) Fundamental Analysis & AI Grade 2026

CGBD Nasdaq MD CIK: 0001544206
Updated This Month • Analysis: May 12, 2026 • SEC Data: 2026-03-31
Combined AI Grade
C
69% Confidence
AGREEMENT
C
70% Conf
B
68% Conf

📊 CGBD Key Takeaways

Revenue: N/A
Net Margin: N/A
Free Cash Flow: $212.4M
Current Ratio: N/A
Debt/Equity: 1.24x
EPS: $-0.06
AI Grade: C with 70% confidence
Carlyle Secured Lending, Inc. (CGBD) receives a C fundamental grade with 69% confidence from our AI analysis based on SEC 10-K filings., and return on equity (ROE) of -0.4% Below is our complete CGBD stock analysis for 2026.

Is Carlyle Secured Lending, Inc. (CGBD) a Good Investment?

Claude

Carlyle Secured Lending is currently unprofitable with net losses and deteriorating diluted EPS (-36.1% YoY), indicating operational headwinds in the lending portfolio despite modest net income improvement. While strong operating cash flow of $212.4M and reasonable 1.24x debt/equity provide some financial stability, the absence of profitability visibility and accelerating per-share value destruction present elevated downside risk.

ChatGPT

Carlyle Secured Lending shows stable absolute earnings and a sizable equity base, but the quality of growth is mixed because net income rose only slightly while diluted EPS fell sharply year over year. The balance sheet appears serviceable for a credit-focused lender, yet leverage is meaningful and deeply negative operating cash flow suggests investors should be cautious about earnings durability and funding quality.

Carlyle Secured Lending, Inc. Key Strengths (CGBD)

Claude
  • + Strong operating cash flow of $212.4M supports debt service and potential distributions despite net losses
  • + Balanced capital structure with 1.24x debt/equity ratio and positive stockholders equity of $1.1B reduces solvency risk
  • + Asset base of $2.6B with retained earnings cushion provides resilience for loan portfolio absorption
ChatGPT
  • + Net income remained positive and grew modestly year over year
  • + Equity of $1.17B provides a meaningful capital cushion against total assets of $2.79B
  • + ROE and ROA remain positive, indicating the portfolio is still generating profits

CGBD Stock Risks: Carlyle Secured Lending, Inc. Investment Risks

Claude
  • ! Negative profitability with -$4.2M net income and -0.4% ROE indicates poor capital deployment and portfolio performance deterioration
  • ! Diluted EPS collapsed 36.1% YoY despite net income improvement, signaling severe shareholder dilution and value destruction
  • ! Low cash position of $97.2M relative to $1.4B debt and $2.6B assets limits flexibility for portfolio stress or covenant violations
ChatGPT
  • ! Diluted EPS declined 36.1% year over year, pointing to weaker per-share earnings quality
  • ! Debt/equity of 1.31x and $1.53B of long-term debt create balance-sheet sensitivity if credit conditions worsen
  • ! Operating cash flow was negative $204.56M, raising questions about cash generation and portfolio funding dynamics

Key Metrics to Watch

Claude
  • * Time to profitability and quarterly net income trend
  • * Portfolio credit quality metrics including delinquency and charge-off rates
  • * Diluted share count trend and total shareholder return sustainability
ChatGPT
  • * Per-share net investment income and diluted EPS trend
  • * Leverage, non-accruals, and operating cash flow trend

Carlyle Secured Lending, Inc. (CGBD) Financial Metrics & Key Ratios

Revenue
N/A
Net Income
$-4.2M
EPS (Diluted)
$-0.06
Free Cash Flow
$212.4M
Total Assets
$2.6B
Cash Position
$97.2M

💡 AI Analyst Insight

The current ratio below 1.0x warrants monitoring of short-term liquidity.

CGBD Profit Margin, ROE & Profitability Analysis

Gross Margin N/A
Operating Margin N/A
Net Margin N/A
ROE -0.4%
ROA -0.2%
FCF Margin N/A

CGBD vs Market Sector: How Carlyle Secured Lending, Inc. Compares

How Carlyle Secured Lending, Inc. compares to Market sector averages

Net Margin
CGBD 0.0%
vs
Sector Avg 12.0%
CGBD Sector
ROE
CGBD -0.4%
vs
Sector Avg 15.0%
CGBD Sector
Current Ratio
CGBD 0.0x
vs
Sector Avg 1.8x
CGBD Sector
Debt/Equity
CGBD 1.2x
vs
Sector Avg 0.7x
CGBD Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Carlyle Secured Lending, Inc. Stock Overvalued? CGBD Valuation Analysis 2026

Based on fundamental analysis, Carlyle Secured Lending, Inc. shows some fundamental concerns relative to the Market sector in 2026.

Return on Equity
-0.4%
Sector avg: 15%
Net Profit Margin
N/A
Sector avg: 12%
Revenue Growth
N/A
Year-over-year
Debt/Equity
1.24x
Sector avg: 0.7x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Carlyle Secured Lending, Inc. Balance Sheet: CGBD Debt, Cash & Liquidity

Current Ratio
N/A
Quick Ratio
N/A
Debt/Equity
1.24x
Debt/Assets
56.3%
Interest Coverage
N/A
Long-term Debt
$1.4B

CGBD Revenue & Earnings Growth: 5-Year Financial Trend

CGBD 5-year financial data:
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Carlyle Secured Lending, Inc.'s revenue has remained relatively flat over the 5-year period, with a 0% decline. The most recent EPS of $1.64 reflects profitable operations.

CGBD Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
N/A
Free cash flow / Revenue

Carlyle Secured Lending, Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$212.4M
Cash generated from operations
Stock Buybacks
$18.5M
Shares repurchased (TTM)
Dividends Paid
$28.7M
Returned to shareholders

CGBD SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Carlyle Secured Lending, Inc. (CIK: 0001544206)

📋 Recent SEC Filings

Date Form Document Action
Jun 2, 2026 4 xslF345X06/wk-form4_1780430674.xml View →
May 20, 2026 4 xslF345X06/wk-form4_1779307486.xml View →
May 11, 2026 10-Q csl-20260331.htm View →
May 11, 2026 8-K csl-20260511.htm View →
Apr 30, 2026 DEF 14A cgbd_2026xannualmeetingxde.htm View →

Frequently Asked Questions about CGBD

What is the AI rating for CGBD?

Carlyle Secured Lending, Inc. (CGBD) has a Combined AI Grade of C from Claude (C) and ChatGPT (B) with 69% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are CGBD's key strengths?

Claude: Strong operating cash flow of $212.4M supports debt service and potential distributions despite net losses. Balanced capital structure with 1.24x debt/equity ratio and positive stockholders equity of $1.1B reduces solvency risk. ChatGPT: Net income remained positive and grew modestly year over year. Equity of $1.17B provides a meaningful capital cushion against total assets of $2.79B.

What are the risks of investing in CGBD?

Claude: Negative profitability with -$4.2M net income and -0.4% ROE indicates poor capital deployment and portfolio performance deterioration. Diluted EPS collapsed 36.1% YoY despite net income improvement, signaling severe shareholder dilution and value destruction. ChatGPT: Diluted EPS declined 36.1% year over year, pointing to weaker per-share earnings quality. Debt/equity of 1.31x and $1.53B of long-term debt create balance-sheet sensitivity if credit conditions worsen.

What is CGBD's revenue and growth?

Carlyle Secured Lending, Inc. reported revenue of N/A.

Does CGBD pay dividends?

Carlyle Secured Lending, Inc. pays dividends, with $28.7M distributed to shareholders in the trailing twelve months.

Where can I find CGBD SEC filings?

Official SEC filings for Carlyle Secured Lending, Inc. (CIK: 0001544206) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is CGBD's EPS?

Carlyle Secured Lending, Inc. has a diluted EPS of $-0.06.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined grade reflects both perspectives for balanced insights.

What is CGBD's fundamental grade?

Based on our AI fundamental analysis in June 2026, Carlyle Secured Lending, Inc. has a C grade with 69% confidence. Review the strengths and risks sections above for full context. This is not investment advice.

Is CGBD stock overvalued or undervalued?

Valuation metrics for CGBD: ROE of -0.4% (sector avg: 15%), net margin of N/A (sector avg: 12%). Compare these metrics with sector averages to assess valuation.

What is CGBD's AI grade for 2026?

Our dual AI analysis gives Carlyle Secured Lending, Inc. a combined C grade for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is CGBD's free cash flow?

Carlyle Secured Lending, Inc.'s operating cash flow is $212.4M, with capital expenditures of N/A.

How does CGBD compare to other Market stocks?

Vs Default sector averages: Net margin N/A (avg: 12%), ROE -0.4% (avg: 15%), current ratio N/A (avg: 1.8).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: May 12, 2026 | Data as of: 2026-03-31 | Powered by Claude AI