vs
Side-by-side financial comparison of Carlyle Group Inc. (CG) and Cintas (CTAS). Click either name above to swap in a different company.
Cintas is the larger business by last-quarter revenue ($2.8B vs $1.9B, roughly 1.5× Carlyle Group Inc.). Carlyle Group Inc. runs the higher net margin — 18.8% vs 17.7%, a 1.1% gap on every dollar of revenue. On growth, Carlyle Group Inc. posted the faster year-over-year revenue change (84.1% vs 9.3%). Cintas produced more free cash flow last quarter ($425.0M vs $-1.2B). Over the past eight quarters, Carlyle Group Inc.'s revenue compounded faster (66.2% CAGR vs 7.9%).
The Carlyle Group Inc. is an American multinational company with operations in private equity, alternative asset management and financial services. As of 2023, the company had $426 billion of assets under management.
Cintas Corporation is an American corporation headquartered in Mason, Ohio, which provides a range of products and services to businesses including uniforms, mats, mops, cleaning and restroom supplies, first aid and safety products, fire extinguishers and testing, and safety courses. Cintas is a publicly held company traded on the Nasdaq Global Select Market under the symbol CTAS and is a component of the S&P 500 Index.
CG vs CTAS — Head-to-Head
Income Statement — Q4 FY2025 vs Q2 FY2026
| Metric | | |
|---|---|---|
| Revenue | $1.9B | $2.8B |
| Net Profit | $358.1M | $495.3M |
| Gross Margin | — | 50.4% |
| Operating Margin | 24.3% | 23.4% |
| Net Margin | 18.8% | 17.7% |
| Revenue YoY | 84.1% | 9.3% |
| Net Profit YoY | 69.8% | 10.4% |
| EPS (diluted) | $0.96 | $1.21 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $1.9B | $2.8B | ||
| Q3 25 | $332.7M | $2.7B | ||
| Q2 25 | $1.6B | $2.7B | ||
| Q1 25 | $973.1M | $2.6B | ||
| Q4 24 | $1.0B | $2.6B | ||
| Q3 24 | $2.6B | $2.5B | ||
| Q2 24 | $1.1B | $2.5B | ||
| Q1 24 | $688.4M | $2.4B |
| Q4 25 | $358.1M | $495.3M | ||
| Q3 25 | $900.0K | $491.1M | ||
| Q2 25 | $319.7M | $448.3M | ||
| Q1 25 | $130.0M | $463.5M | ||
| Q4 24 | $210.9M | $448.5M | ||
| Q3 24 | $595.7M | $452.0M | ||
| Q2 24 | $148.2M | $414.3M | ||
| Q1 24 | $65.6M | $397.6M |
| Q4 25 | — | 50.4% | ||
| Q3 25 | — | 50.3% | ||
| Q2 25 | — | 49.7% | ||
| Q1 25 | — | 50.6% | ||
| Q4 24 | — | 49.8% | ||
| Q3 24 | — | 50.1% | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | 24.3% | 23.4% | ||
| Q3 25 | 25.8% | 22.7% | ||
| Q2 25 | 28.0% | 22.4% | ||
| Q1 25 | 17.6% | 23.4% | ||
| Q4 24 | 25.7% | 23.1% | ||
| Q3 24 | 29.9% | 22.4% | ||
| Q2 24 | 20.5% | 22.2% | ||
| Q1 24 | 17.5% | 21.6% |
| Q4 25 | 18.8% | 17.7% | ||
| Q3 25 | 0.3% | 18.1% | ||
| Q2 25 | 20.3% | 16.8% | ||
| Q1 25 | 13.4% | 17.8% | ||
| Q4 24 | 20.4% | 17.5% | ||
| Q3 24 | 22.6% | 18.1% | ||
| Q2 24 | 13.9% | 16.8% | ||
| Q1 24 | 9.5% | 16.5% |
| Q4 25 | $0.96 | $1.21 | ||
| Q3 25 | $0.00 | $1.20 | ||
| Q2 25 | $0.87 | $1.08 | ||
| Q1 25 | $0.35 | $1.13 | ||
| Q4 24 | $0.56 | $1.09 | ||
| Q3 24 | $1.63 | $1.10 | ||
| Q2 24 | $0.40 | $4.00 | ||
| Q1 24 | $0.18 | $3.84 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $2.0B | $200.8M |
| Total DebtLower is stronger | — | $2.4B |
| Stockholders' EquityBook value | $7.1B | $4.5B |
| Total Assets | $29.1B | $10.1B |
| Debt / EquityLower = less leverage | — | 0.54× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $2.0B | $200.8M | ||
| Q3 25 | $2.2B | $138.1M | ||
| Q2 25 | $1.3B | $264.0M | ||
| Q1 25 | $1.2B | $243.4M | ||
| Q4 24 | $1.3B | $122.4M | ||
| Q3 24 | $1.4B | $101.4M | ||
| Q2 24 | $914.8M | $342.0M | ||
| Q1 24 | $1.3B | $128.5M |
| Q4 25 | — | $2.4B | ||
| Q3 25 | — | $2.4B | ||
| Q2 25 | — | $2.4B | ||
| Q1 25 | — | $2.0B | ||
| Q4 24 | — | $2.0B | ||
| Q3 24 | — | $2.0B | ||
| Q2 24 | — | $2.0B | ||
| Q1 24 | — | $2.5B |
| Q4 25 | $7.1B | $4.5B | ||
| Q3 25 | $6.8B | $4.8B | ||
| Q2 25 | $6.7B | $4.7B | ||
| Q1 25 | $6.4B | $4.6B | ||
| Q4 24 | $6.3B | $4.3B | ||
| Q3 24 | $6.3B | $4.0B | ||
| Q2 24 | $5.7B | $4.3B | ||
| Q1 24 | $5.7B | $4.2B |
| Q4 25 | $29.1B | $10.1B | ||
| Q3 25 | $27.1B | $9.8B | ||
| Q2 25 | $25.1B | $9.8B | ||
| Q1 25 | $24.1B | $9.6B | ||
| Q4 24 | $23.1B | $9.4B | ||
| Q3 24 | $22.7B | $9.1B | ||
| Q2 24 | $22.3B | $9.2B | ||
| Q1 24 | $20.8B | $9.0B |
| Q4 25 | — | 0.54× | ||
| Q3 25 | — | 0.51× | ||
| Q2 25 | — | 0.52× | ||
| Q1 25 | — | 0.44× | ||
| Q4 24 | — | 0.47× | ||
| Q3 24 | — | 0.50× | ||
| Q2 24 | — | 0.47× | ||
| Q1 24 | — | 0.58× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-1.2B | $531.2M |
| Free Cash FlowOCF − Capex | $-1.2B | $425.0M |
| FCF MarginFCF / Revenue | -65.1% | 15.2% |
| Capex IntensityCapex / Revenue | 2.2% | 3.8% |
| Cash ConversionOCF / Net Profit | -3.34× | 1.07× |
| TTM Free Cash FlowTrailing 4 quarters | $-3.4B | $1.8B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-1.2B | $531.2M | ||
| Q3 25 | $-1.6B | $414.5M | ||
| Q2 25 | $-168.8M | $635.7M | ||
| Q1 25 | $-352.1M | $622.0M | ||
| Q4 24 | $-352.8M | $441.4M | ||
| Q3 24 | $791.9M | $466.7M | ||
| Q2 24 | $-1.3B | $693.0M | ||
| Q1 24 | $71.1M | $657.1M |
| Q4 25 | $-1.2B | $425.0M | ||
| Q3 25 | $-1.6B | $312.5M | ||
| Q2 25 | $-186.3M | $521.1M | ||
| Q1 25 | $-368.8M | $522.1M | ||
| Q4 24 | $-379.5M | $340.0M | ||
| Q3 24 | $772.8M | $373.8M | ||
| Q2 24 | $-1.3B | $591.1M | ||
| Q1 24 | $56.9M | $550.1M |
| Q4 25 | -65.1% | 15.2% | ||
| Q3 25 | -475.7% | 11.5% | ||
| Q2 25 | -11.8% | 19.5% | ||
| Q1 25 | -37.9% | 20.0% | ||
| Q4 24 | -36.8% | 13.3% | ||
| Q3 24 | 29.3% | 14.9% | ||
| Q2 24 | -120.4% | 23.9% | ||
| Q1 24 | 8.3% | 22.9% |
| Q4 25 | 2.2% | 3.8% | ||
| Q3 25 | 7.0% | 3.8% | ||
| Q2 25 | 1.1% | 4.3% | ||
| Q1 25 | 1.7% | 3.8% | ||
| Q4 24 | 2.6% | 4.0% | ||
| Q3 24 | 0.7% | 3.7% | ||
| Q2 24 | 1.7% | 4.1% | ||
| Q1 24 | 2.1% | 4.4% |
| Q4 25 | -3.34× | 1.07× | ||
| Q3 25 | -1732.78× | 0.84× | ||
| Q2 25 | -0.53× | 1.42× | ||
| Q1 25 | -2.71× | 1.34× | ||
| Q4 24 | -1.67× | 0.98× | ||
| Q3 24 | 1.33× | 1.03× | ||
| Q2 24 | -8.57× | 1.67× | ||
| Q1 24 | 1.08× | 1.65× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CG
| Fund Management Fee | $606.8M | 32% |
| Other | $528.7M | 28% |
| Global Private Equity Segment | $307.3M | 16% |
| Global Credit Segment | $238.0M | 13% |
| Carlyle Alp Invest Segment | $124.6M | 7% |
| Incentive Fee | $55.4M | 3% |
| Fee Related Performance Revenues | $29.2M | 2% |
| Investment Advice | $11.1M | 1% |
CTAS
| Uniform Rental And Facility Services Segment | $2.2B | 77% |
| First Aid And Safety Services Segment | $342.2M | 12% |
| Fire Protection Services | $222.5M | 8% |
| Uniform Direct Sales | $79.8M | 3% |
