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CG vs. GS: Carlyle vs. Goldman Sachs Stock Comparison

How do Carlyle (CG) and Goldman Sachs (GS) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

Carlyle (CG) and Goldman Sachs (GS) both belong to the Capital Markets industry, though CG is classified under Asset Management & Custody Banks while GS falls under Investment Banking & Brokerage.

Company profile comparison for Carlyle (CG) and Goldman Sachs (GS)
Profile ItemCGGS
NameThe Carlyle Group Inc.The Goldman Sachs Group, Inc.
Country/RegionUnited StatesUnited States
GICS SectorFinancialsFinancials
GICS Industry GroupFinancial ServicesFinancial Services
GICS IndustryCapital MarketsCapital Markets
GICS Sub-IndustryAsset Management & Custody BanksInvestment Banking & Brokerage
Market Capitalization14.04 billion USD249.73 billion USD
CurrencyUSDUSD
ExchangeNasdaqNYSE
Listing DateMay 3, 2012May 4, 1999
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

CG
GS
GSPC
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Carlyle (CG) vs. Goldman Sachs (GS), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Carlyle (CG) and Goldman Sachs (GS). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Carlyle (CG) and Goldman Sachs (GS). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Carlyle (CG) and Goldman Sachs (GS)
MetricCGGS
Total Return (1Y)-17.79%17.85%
Total Return (3Y, Annualized)15.29%44.69%
Total Return (5Y, Annualized)-3.77%20.41%

Risk Profile

Drawdown History

CG
GS
GSPC
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Carlyle (CG) vs. Goldman Sachs (GS), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for Carlyle (CG) and Goldman Sachs (GS). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Carlyle (CG) and Goldman Sachs (GS)
MetricCGGS
Volatility (1Y, Annualized)37.89%33.28%
Beta (5Y)1.821.27
Max Drawdown (5Y)-56.75%-30.90%
Avg. Volume (3M)3.48M2.10M

Risk-Adjusted Performance

Risk-Return Positioning

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CG and GS are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Carlyle (CG) and Goldman Sachs (GS)
MetricCGGS
Sharpe Ratio (1Y)-0.580.41
Sortino Ratio (1Y)-0.810.59

Profitability

ROE (TTM)

Both Carlyle (CG) at 5.23% and Goldman Sachs (GS) at 17.71% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.

CG

Financial Services industry group

5.23%

Max
44.78%
Q3
21.85%
Median
12.91%
CG
5.23%
Q1
4.48%
Min
-18.71%

GS

Financial Services industry group

17.71%

Max
44.78%
Q3
21.85%
GS
17.71%
Median
12.91%
Q1
4.48%
Min
-18.71%
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Carlyle (CG) vs. Goldman Sachs (GS): A comparison of their ROE against the Financial Services industry group benchmark.

Net Margin (TTM)

Goldman Sachs (GS) at 31.21% retains a top-quartile share of revenue as profit, ahead of Carlyle (CG) at 12.81%, which keeps about the industry-typical share.

CG

Financial Services industry group

12.81%

Max
62.84%
Q3
28.05%
Median
15.36%
CG
12.81%
Q1
4.82%
Min
-28.52%

GS

Financial Services industry group

31.21%

Max
62.84%
GS
31.21%
Q3
28.05%
Median
15.36%
Q1
4.82%
Min
-28.52%
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Carlyle (CG) vs. Goldman Sachs (GS): A comparison of their net margin against the Financial Services industry group benchmark.

Operating Margin (TTM)

Carlyle (CG) reports a negative operating margin of -52.93%, usually indicating that operating costs exceeded revenue at the operating-income line. Meanwhile Goldman Sachs (GS) reports 38.37%, ranking against industry peers normally.

CG

Financial Services industry group

-52.93%

Max
107.33%
Q3
55.90%
Median
30.09%
Q1
14.60%
Min
-44.34%
CG
-52.93%

GS

Financial Services industry group

38.37%

Max
107.33%
Q3
55.90%
GS
38.37%
Median
30.09%
Q1
14.60%
Min
-44.34%
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Carlyle (CG) vs. Goldman Sachs (GS): A comparison of their operating margin against the Financial Services industry group benchmark.

Profitability Metrics

Profitability metrics for Carlyle (CG) and Goldman Sachs (GS)
MetricCGGS
ROE (TTM)5.23%17.71%
ROA (TTM)1.27%1.11%
Net Margin (TTM)12.81%31.21%
Operating Margin (TTM)-52.93%38.37%
Gross Margin (TTM)----

Growth

Revenue Growth

Goldman Sachs (GS) at 8.92% is around its peer norm for revenue growth, while Carlyle (CG) at -5.56% drops into the bottom quartile, signaling weaker demand or pricing momentum.

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Carlyle (CG) vs. Goldman Sachs (GS): A comparison of their Revenue Growth across different time periods.

EPS Growth

Both Carlyle (CG) at -21.30% and Goldman Sachs (GS) at 26.59% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.

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Carlyle (CG) vs. Goldman Sachs (GS): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Carlyle (CG) and Goldman Sachs (GS)
MetricCGGS
Revenue Growth (YoY)-5.56%8.92%
Revenue Growth (3Y CAGR)-1.43%7.16%
EPS Growth (YoY)-21.30%26.59%
EPS Growth (3Y CAGR)-13.34%19.52%

Financial Strength

Current Ratio (MRQ)

current ratio doesn’t apply on either side: Carlyle (CG) in Financial Services and Goldman Sachs (GS) in Financial Services both report balance sheets without a current/non-current split, so their short-term liquidity is better judged through regulatory and funding measures.

Debt / Equity (MRQ)

debt-to-equity ratio is set aside for both: Carlyle (CG) in Financial Services and Goldman Sachs (GS) in Financial Services run businesses where balance-sheet leverage is part of the model, so capital-adequacy and funding measures are the better gauges of balance-sheet risk.

Financial Strength Metrics

Financial strength metrics for Carlyle (CG) and Goldman Sachs (GS)
MetricCGGS
Current Ratio (MRQ)----
Debt / Equity (MRQ)----
Net Debt / EBITDA----

Dividends

Dividend Yield (TTM)

Both Carlyle (CG) at 3.50% and Goldman Sachs (GS) at 2.07% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.

CG

Financial Services industry group

3.50%

Max
9.77%
Q3
3.92%
CG
3.50%
Median
1.09%
Q1
0.00%
Min
0.00%

GS

Financial Services industry group

2.07%

Max
9.77%
Q3
3.92%
GS
2.07%
Median
1.09%
Q1
0.00%
Min
0.00%
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Carlyle (CG) vs. Goldman Sachs (GS): A comparison of their dividend yield against the Financial Services industry group benchmark.

Dividend Payout Ratio (TTM)

Carlyle (CG) reports payout ratio above 100% at 147.37%, meaning dividends exceeded current-period earnings and sustainability needs extra context. Meanwhile Goldman Sachs (GS) reports 25.88%, ranking against industry peers normally.

CG

Financial Services industry group

147.37%

Max
241.07%
CG
147.37%
Q3
97.36%
Median
25.77%
Q1
0.00%
Min
0.00%

GS

Financial Services industry group

25.88%

Max
241.07%
Q3
97.36%
GS
25.88%
Median
25.77%
Q1
0.00%
Min
0.00%
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Carlyle (CG) vs. Goldman Sachs (GS): A comparison of their payout ratio against the Financial Services industry group benchmark.

Dividend Metrics

Dividend metrics for Carlyle (CG) and Goldman Sachs (GS)
MetricCGGS
Dividend Yield (TTM)3.50%2.07%
Dividend Payout Ratio (TTM)147.37%25.88%

Valuation

P/E Ratio (TTM)

Goldman Sachs (GS) at 12.45 is near its industry’s usual P/E ratio, while Carlyle (CG) at 40.93 sits in the richer quartile — CG needs stronger growth or earnings quality to justify the premium.

CG

Financial Services industry group

40.93

Max
45.85
CG
40.93
Q3
24.64
Median
15.37
Q1
9.68
Min
0.16

GS

Financial Services industry group

12.45

Max
45.85
Q3
24.64
Median
15.37
GS
12.45
Q1
9.68
Min
0.16
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Carlyle (CG) vs. Goldman Sachs (GS): A comparison of their P/E ratio against the Financial Services industry group benchmark.

P/S Ratio (TTM)

Goldman Sachs (GS) at 3.52 is priced about in line with its industry on P/S ratio, while Carlyle (CG) at 5.06 sits in the pricier quartile — CG costs more per dollar of sales.

CG

Financial Services industry group

5.06

Max
9.23
CG
5.06
Q3
4.57
Median
2.72
Q1
1.28
Min
-0.55

GS

Financial Services industry group

3.52

Max
9.23
Q3
4.57
GS
3.52
Median
2.72
Q1
1.28
Min
-0.55
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Carlyle (CG) vs. Goldman Sachs (GS): A comparison of their P/S ratio against the Financial Services industry group benchmark.

P/B Ratio (MRQ)

On P/B ratio, both Carlyle (CG) at 2.81 and Goldman Sachs (GS) at 2.36 are valued close to their industries’ norm against book — neither stands out from peers.

CG

Financial Services industry group

2.81

Max
7.79
Q3
3.63
CG
2.81
Median
1.57
Q1
0.81
Min
-0.39

GS

Financial Services industry group

2.36

Max
7.79
Q3
3.63
GS
2.36
Median
1.57
Q1
0.81
Min
-0.39
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Carlyle (CG) vs. Goldman Sachs (GS): A comparison of their P/B ratio against the Financial Services industry group benchmark.

Valuation Metrics

Valuation metrics for Carlyle (CG) and Goldman Sachs (GS)
MetricCGGS
P/E Ratio (TTM)40.9312.45
P/S Ratio (TTM)5.063.52
P/B Ratio (MRQ)2.812.36
Free Cash Flow Yield (TTM)----