Carlyle price to free cash flow CG

Market value divided by free cash flow over the last twelve months, since 2013.

Today, Oct 23, 2026: n/m; not a meaningful number
Last meaningful: 49.6×; Aug 2024
10-year median: 17.8×
10-year range: 4.2× to 191×
Peer median: 14.3×

Carlyle's price to free cash flow is not a meaningful number today: free cash flow over the last twelve months was zero, negative or not reported.

It was last meaningful in Aug 2024, at 49.6×.

On the days it had one over the last ten years, its median was 17.8×, from 4.2× in Sep 2017 to 191× in Jul 2021.

Price to free cash flow over time

median 17.8×

The dashed line is the 10-year median and the shaded band the middle half of its days.

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2024	49.6×	43.8×	124×
2023	71.3×	59.1×	71.3×
2022	56.9×	8.1×	60.2×
2021	16.4×	15.5×	191×
2020	23.8×	8.1×	33.8×
2019	8.0×	5.7×	8.0×
2018	21.2×	21.2×	23.7×
2017	21.2×	4.2×	21.2×
2016	6.9×	0.2×	7.4×
2015	0.3×	0.3×	0.8×
2014	0.6×	0.5×	0.9×
2013	0.7×	0.4×	0.7×

Against its peers

Companies in Asset Management nearest Carlyle's size, closest first, today.

Company	Price to free cash flow
CGCarlyle	n/m
OWLBlue OWL Capital	11.0×
BENFranklin Resources	n/m
TPGTPG	18.7×
AMGAffiliated Managers	9.3×
EVREvercore	6.0×
HLIHoulihan Lokey	18.9×
TROWT. Rowe Price	13.3×
IDCCInterDigital	15.2×
MORNMorningstar	17.0×
PFGPrincipal Financial	n/m
Peer median	14.3×

What the price to free cash flow tells you

Market value divided by free cash flow: the cash left after running the business and paying for equipment. Cash is harder to manage than accounting earnings, so many investors trust this more than PE.

Lumpy: a big year of building factories drops cash flow and inflates the ratio without the business getting worse.

More on Carlyle

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.