CG vs. HLI: Carlyle vs. Houlihan Lokey Stock Comparison
How do Carlyle (CG) and Houlihan Lokey (HLI) 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 Houlihan Lokey (HLI) both belong to the Capital Markets industry, though CG is classified under Asset Management & Custody Banks while HLI falls under Investment Banking & Brokerage.
| Profile Item | CG | HLI |
|---|---|---|
| Name | The Carlyle Group Inc. | Houlihan Lokey, Inc. |
| Country/Region | United States | United States |
| GICS Sector | Financials | Financials |
| GICS Industry Group | Financial Services | Financial Services |
| GICS Industry | Capital Markets | Capital Markets |
| GICS Sub-Industry | Asset Management & Custody Banks | Investment Banking & Brokerage |
| Market Capitalization | 14.04 billion USD | 10.13 billion USD |
| Currency | USD | USD |
| Exchange | Nasdaq | NYSE |
| Listing Date | May 3, 2012 | August 13, 2015 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | CG | HLI |
|---|---|---|
| Total Return (1Y) | -17.79% | -16.23% |
| Total Return (3Y, Annualized) | 15.29% | 15.13% |
| Total Return (5Y, Annualized) | -3.77% | 6.74% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | CG | HLI |
|---|---|---|
| Volatility (1Y, Annualized) | 37.89% | 31.00% |
| Beta (5Y) | 1.82 | 0.87 |
| Max Drawdown (5Y) | -56.75% | -40.30% |
| Avg. Volume (3M) | 3.48M | 816.85K |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | CG | HLI |
|---|---|---|
| Sharpe Ratio (1Y) | -0.58 | -0.66 |
| Sortino Ratio (1Y) | -0.81 | -0.91 |
Profitability
ROE (TTM)
Both Carlyle (CG) at 5.23% and Houlihan Lokey (HLI) at 17.29% 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%
HLI
Financial Services industry group
17.29%
- Max
- 44.78%
- Q3
- 21.85%
- HLI
- 17.29%
- Median
- 12.91%
- Q1
- 4.48%
- Min
- -18.71%
Net Margin (TTM)
Both Carlyle (CG) at 12.81% and Houlihan Lokey (HLI) at 15.80% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.
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%
HLI
Financial Services industry group
15.80%
- Max
- 62.84%
- Q3
- 28.05%
- HLI
- 15.80%
- Median
- 15.36%
- Q1
- 4.82%
- Min
- -28.52%
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 Houlihan Lokey (HLI) reports 24.42%, 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%
HLI
Financial Services industry group
24.42%
- Max
- 107.33%
- Q3
- 55.90%
- Median
- 30.09%
- HLI
- 24.42%
- Q1
- 14.60%
- Min
- -44.34%
Profitability Metrics
| Metric | CG | HLI |
|---|---|---|
| ROE (TTM) | 5.23% | 17.29% |
| ROA (TTM) | 1.27% | 10.38% |
| Net Margin (TTM) | 12.81% | 15.80% |
| Operating Margin (TTM) | -52.93% | 24.42% |
| Gross Margin (TTM) | -- | -- |
Growth
Revenue Growth
Houlihan Lokey (HLI) at 9.55% 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.
EPS Growth
Both Carlyle (CG) at -21.30% and Houlihan Lokey (HLI) at 6.87% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.
Growth Metrics
| Metric | CG | HLI |
|---|---|---|
| Revenue Growth (YoY) | -5.56% | 9.55% |
| Revenue Growth (3Y CAGR) | -1.43% | 13.10% |
| EPS Growth (YoY) | -21.30% | 6.87% |
| EPS Growth (3Y CAGR) | -13.34% | 16.05% |
Financial Strength
Current Ratio (MRQ)
current ratio doesn’t apply on either side: Carlyle (CG) in Financial Services and Houlihan Lokey (HLI) 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 Houlihan Lokey (HLI) 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
| Metric | CG | HLI |
|---|---|---|
| Current Ratio (MRQ) | -- | -- |
| Debt / Equity (MRQ) | -- | -- |
| Net Debt / EBITDA | -- | -- |
Dividends
Dividend Yield (TTM)
Both Carlyle (CG) at 3.50% and Houlihan Lokey (HLI) at 1.77% 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%
HLI
Financial Services industry group
1.77%
- Max
- 9.77%
- Q3
- 3.92%
- HLI
- 1.77%
- Median
- 1.09%
- Q1
- 0.00%
- Min
- 0.00%
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 Houlihan Lokey (HLI) reports 43.62%, 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%
HLI
Financial Services industry group
43.62%
- Max
- 241.07%
- Q3
- 97.36%
- HLI
- 43.62%
- Median
- 25.77%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | CG | HLI |
|---|---|---|
| Dividend Yield (TTM) | 3.50% | 1.77% |
| Dividend Payout Ratio (TTM) | 147.37% | 43.62% |
Valuation
P/E Ratio (TTM)
Houlihan Lokey (HLI) at 24.47 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
HLI
Financial Services industry group
24.47
- Max
- 45.85
- Q3
- 24.64
- HLI
- 24.47
- Median
- 15.37
- Q1
- 9.68
- Min
- 0.16
P/S Ratio (TTM)
Houlihan Lokey (HLI) at 3.96 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
HLI
Financial Services industry group
3.96
- Max
- 9.23
- Q3
- 4.57
- HLI
- 3.96
- Median
- 2.72
- Q1
- 1.28
- Min
- -0.55
P/B Ratio (MRQ)
Carlyle (CG) at 2.81 is valued about in line with its industry on P/B ratio, while Houlihan Lokey (HLI) at 4.39 carries an above-peer premium to book — HLI is pricier on assets.
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
HLI
Financial Services industry group
4.39
- Max
- 7.79
- HLI
- 4.39
- Q3
- 3.63
- Median
- 1.57
- Q1
- 0.81
- Min
- -0.39
Valuation Metrics
| Metric | CG | HLI |
|---|---|---|
| P/E Ratio (TTM) | 40.93 | 24.47 |
| P/S Ratio (TTM) | 5.06 | 3.96 |
| P/B Ratio (MRQ) | 2.81 | 4.39 |
| Free Cash Flow Yield (TTM) | -- | -- |