vs
Side-by-side financial comparison of Carlyle Group Inc. (CG) and Dover Corporation (DOV). Click either name above to swap in a different company.
Dover Corporation is the larger business by last-quarter revenue ($2.1B vs $1.9B, roughly 1.1× Carlyle Group Inc.). Carlyle Group Inc. runs the higher net margin — 18.8% vs 13.4%, a 5.4% gap on every dollar of revenue. On growth, Carlyle Group Inc. posted the faster year-over-year revenue change (84.1% vs 12.5%). Over the past eight quarters, Carlyle Group Inc.'s revenue compounded faster (66.2% CAGR vs -1.8%).
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.
Dover Corporation is an American conglomerate manufacturer of industrial products. The Downers Grove, Illinois-based company was founded in 1955. As of 2021, Dover's business was divided into five segments: Engineered Products, Clean Energy and Fueling, Imaging & Identification, Pumps & Process Solutions and Climate and Sustainability Technologies. Dover is a constituent of the S&P 500 index and trades on the New York Stock Exchange under the symbol DOV. Dover was ranked 448 in the 2024 Fortu...
CG vs DOV — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $1.9B | $2.1B |
| Net Profit | $358.1M | $282.1M |
| Gross Margin | — | 39.1% |
| Operating Margin | 24.3% | 16.5% |
| Net Margin | 18.8% | 13.4% |
| Revenue YoY | 84.1% | 12.5% |
| Net Profit YoY | 69.8% | 22.2% |
| EPS (diluted) | $0.96 | $2.06 |
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.
| Q1 26 | — | $2.1B | ||
| Q4 25 | $1.9B | $2.1B | ||
| Q3 25 | $332.7M | $2.1B | ||
| Q2 25 | $1.6B | $2.0B | ||
| Q1 25 | $973.1M | $1.9B | ||
| Q4 24 | $1.0B | $1.5B | ||
| Q3 24 | $2.6B | $2.0B | ||
| Q2 24 | $1.1B | $2.2B |
| Q1 26 | — | $282.1M | ||
| Q4 25 | $358.1M | $282.1M | ||
| Q3 25 | $900.0K | $302.0M | ||
| Q2 25 | $319.7M | $279.1M | ||
| Q1 25 | $130.0M | $230.8M | ||
| Q4 24 | $210.9M | $1.4B | ||
| Q3 24 | $595.7M | $347.1M | ||
| Q2 24 | $148.2M | $281.8M |
| Q1 26 | — | 39.1% | ||
| Q4 25 | — | 39.1% | ||
| Q3 25 | — | 40.1% | ||
| Q2 25 | — | 39.9% | ||
| Q1 25 | — | 40.0% | ||
| Q4 24 | — | 41.4% | ||
| Q3 24 | — | 38.5% | ||
| Q2 24 | — | 37.7% |
| Q1 26 | — | 16.5% | ||
| Q4 25 | 24.3% | 16.5% | ||
| Q3 25 | 25.8% | 18.2% | ||
| Q2 25 | 28.0% | 17.3% | ||
| Q1 25 | 17.6% | 15.9% | ||
| Q4 24 | 25.7% | 14.0% | ||
| Q3 24 | 29.9% | 16.8% | ||
| Q2 24 | 20.5% | 17.0% |
| Q1 26 | — | 13.4% | ||
| Q4 25 | 18.8% | 13.4% | ||
| Q3 25 | 0.3% | 14.5% | ||
| Q2 25 | 20.3% | 13.6% | ||
| Q1 25 | 13.4% | 12.4% | ||
| Q4 24 | 20.4% | 96.4% | ||
| Q3 24 | 22.6% | 17.5% | ||
| Q2 24 | 13.9% | 12.9% |
| Q1 26 | — | $2.06 | ||
| Q4 25 | $0.96 | $2.06 | ||
| Q3 25 | $0.00 | $2.19 | ||
| Q2 25 | $0.87 | $2.02 | ||
| Q1 25 | $0.35 | $1.67 | ||
| Q4 24 | $0.56 | $10.38 | ||
| Q3 24 | $1.63 | $2.51 | ||
| Q2 24 | $0.40 | $2.04 |
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 | — |
| Total DebtLower is stronger | — | $3.3B |
| Stockholders' EquityBook value | $7.1B | $7.4B |
| Total Assets | $29.1B | $13.4B |
| Debt / EquityLower = less leverage | — | 0.45× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $2.0B | — | ||
| Q3 25 | $2.2B | — | ||
| Q2 25 | $1.3B | — | ||
| Q1 25 | $1.2B | — | ||
| Q4 24 | $1.3B | — | ||
| Q3 24 | $1.4B | — | ||
| Q2 24 | $914.8M | — |
| Q1 26 | — | $3.3B | ||
| Q4 25 | — | $3.3B | ||
| Q3 25 | — | $3.1B | ||
| Q2 25 | — | $3.1B | ||
| Q1 25 | — | $3.0B | ||
| Q4 24 | — | $2.9B | ||
| Q3 24 | — | $3.0B | ||
| Q2 24 | — | $3.0B |
| Q1 26 | — | $7.4B | ||
| Q4 25 | $7.1B | $7.4B | ||
| Q3 25 | $6.8B | $7.7B | ||
| Q2 25 | $6.7B | $7.4B | ||
| Q1 25 | $6.4B | $7.1B | ||
| Q4 24 | $6.3B | $7.0B | ||
| Q3 24 | $6.3B | $5.7B | ||
| Q2 24 | $5.7B | $5.4B |
| Q1 26 | — | $13.4B | ||
| Q4 25 | $29.1B | $13.4B | ||
| Q3 25 | $27.1B | $13.4B | ||
| Q2 25 | $25.1B | $13.2B | ||
| Q1 25 | $24.1B | $12.6B | ||
| Q4 24 | $23.1B | $12.5B | ||
| Q3 24 | $22.7B | $11.9B | ||
| Q2 24 | $22.3B | $11.3B |
| Q1 26 | — | 0.45× | ||
| Q4 25 | — | 0.45× | ||
| Q3 25 | — | 0.40× | ||
| Q2 25 | — | 0.41× | ||
| Q1 25 | — | 0.42× | ||
| Q4 24 | — | 0.42× | ||
| Q3 24 | — | 0.53× | ||
| Q2 24 | — | 0.55× |
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 | — |
| Free Cash FlowOCF − Capex | $-1.2B | — |
| FCF MarginFCF / Revenue | -65.1% | — |
| Capex IntensityCapex / Revenue | 2.2% | — |
| Cash ConversionOCF / Net Profit | -3.34× | — |
| TTM Free Cash FlowTrailing 4 quarters | $-3.4B | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $-1.2B | $543.9M | ||
| Q3 25 | $-1.6B | $424.2M | ||
| Q2 25 | $-168.8M | $212.3M | ||
| Q1 25 | $-352.1M | $157.5M | ||
| Q4 24 | $-352.8M | $439.0M | ||
| Q3 24 | $791.9M | $353.2M | ||
| Q2 24 | $-1.3B | $203.7M |
| Q1 26 | — | — | ||
| Q4 25 | $-1.2B | $487.0M | ||
| Q3 25 | $-1.6B | $370.1M | ||
| Q2 25 | $-186.3M | $151.4M | ||
| Q1 25 | $-368.8M | $109.3M | ||
| Q4 24 | $-379.5M | $385.0M | ||
| Q3 24 | $772.8M | $325.0M | ||
| Q2 24 | $-1.3B | $162.8M |
| Q1 26 | — | — | ||
| Q4 25 | -65.1% | 23.2% | ||
| Q3 25 | -475.7% | 17.8% | ||
| Q2 25 | -11.8% | 7.4% | ||
| Q1 25 | -37.9% | 5.9% | ||
| Q4 24 | -36.8% | 25.8% | ||
| Q3 24 | 29.3% | 16.4% | ||
| Q2 24 | -120.4% | 7.5% |
| Q1 26 | — | — | ||
| Q4 25 | 2.2% | 2.7% | ||
| Q3 25 | 7.0% | 2.6% | ||
| Q2 25 | 1.1% | 3.0% | ||
| Q1 25 | 1.7% | 2.6% | ||
| Q4 24 | 2.6% | 3.6% | ||
| Q3 24 | 0.7% | 1.4% | ||
| Q2 24 | 1.7% | 1.9% |
| Q1 26 | — | — | ||
| Q4 25 | -3.34× | 1.93× | ||
| Q3 25 | -1732.78× | 1.40× | ||
| Q2 25 | -0.53× | 0.76× | ||
| Q1 25 | -2.71× | 0.68× | ||
| Q4 24 | -1.67× | 0.31× | ||
| Q3 24 | 1.33× | 1.02× | ||
| Q2 24 | -8.57× | 0.72× |
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% |
DOV
Segment breakdown not available.
