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Side-by-side financial comparison of Carlyle Group Inc. (CG) and DXC Technology Co (DXC). Click either name above to swap in a different company.
DXC Technology Co is the larger business by last-quarter revenue ($3.2B vs $1.9B, roughly 1.7× Carlyle Group Inc.). Carlyle Group Inc. runs the higher net margin — 18.8% vs 3.4%, a 15.5% gap on every dollar of revenue. On growth, Carlyle Group Inc. posted the faster year-over-year revenue change (84.1% vs -1.0%). DXC Technology Co produced more free cash flow last quarter ($359.0M vs $-1.2B). Over the past eight quarters, Carlyle Group Inc.'s revenue compounded faster (66.2% CAGR vs -2.9%).
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.
DXC Technology Company is an American multinational information technology (IT) services and consulting company headquartered in Ashburn, Virginia.
CG vs DXC — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $1.9B | $3.2B |
| Net Profit | $358.1M | $107.0M |
| Gross Margin | — | — |
| Operating Margin | 24.3% | 8.2% |
| Net Margin | 18.8% | 3.4% |
| Revenue YoY | 84.1% | -1.0% |
| Net Profit YoY | 69.8% | 87.7% |
| EPS (diluted) | $0.96 | $0.61 |
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 | $3.2B | ||
| Q3 25 | $332.7M | $3.2B | ||
| Q2 25 | $1.6B | $3.2B | ||
| Q1 25 | $973.1M | $3.2B | ||
| Q4 24 | $1.0B | $3.2B | ||
| Q3 24 | $2.6B | $3.2B | ||
| Q2 24 | $1.1B | $3.2B | ||
| Q1 24 | $688.4M | $3.4B |
| Q4 25 | $358.1M | $107.0M | ||
| Q3 25 | $900.0K | $36.0M | ||
| Q2 25 | $319.7M | $16.0M | ||
| Q1 25 | $130.0M | $264.0M | ||
| Q4 24 | $210.9M | $57.0M | ||
| Q3 24 | $595.7M | $42.0M | ||
| Q2 24 | $148.2M | $26.0M | ||
| Q1 24 | $65.6M | $-200.0M |
| Q4 25 | 24.3% | 8.2% | ||
| Q3 25 | 25.8% | 8.0% | ||
| Q2 25 | 28.0% | 6.8% | ||
| Q1 25 | 17.6% | 7.3% | ||
| Q4 24 | 25.7% | 8.9% | ||
| Q3 24 | 29.9% | 8.6% | ||
| Q2 24 | 20.5% | 6.9% | ||
| Q1 24 | 17.5% | 8.2% |
| Q4 25 | 18.8% | 3.4% | ||
| Q3 25 | 0.3% | 1.1% | ||
| Q2 25 | 20.3% | 0.5% | ||
| Q1 25 | 13.4% | 8.3% | ||
| Q4 24 | 20.4% | 1.8% | ||
| Q3 24 | 22.6% | 1.3% | ||
| Q2 24 | 13.9% | 0.8% | ||
| Q1 24 | 9.5% | -5.9% |
| Q4 25 | $0.96 | $0.61 | ||
| Q3 25 | $0.00 | $0.20 | ||
| Q2 25 | $0.87 | $0.09 | ||
| Q1 25 | $0.35 | $1.42 | ||
| Q4 24 | $0.56 | $0.31 | ||
| Q3 24 | $1.63 | $0.23 | ||
| Q2 24 | $0.40 | $0.14 | ||
| Q1 24 | $0.18 | $-1.01 |
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 | $1.7B |
| Total DebtLower is stronger | — | $3.1B |
| Stockholders' EquityBook value | $7.1B | $3.1B |
| Total Assets | $29.1B | $13.2B |
| Debt / EquityLower = less leverage | — | 0.98× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $2.0B | $1.7B | ||
| Q3 25 | $2.2B | $1.9B | ||
| Q2 25 | $1.3B | $1.8B | ||
| Q1 25 | $1.2B | $1.8B | ||
| Q4 24 | $1.3B | $1.7B | ||
| Q3 24 | $1.4B | $1.2B | ||
| Q2 24 | $914.8M | $1.3B | ||
| Q1 24 | $1.3B | $1.2B |
| Q4 25 | — | $3.1B | ||
| Q3 25 | — | $2.4B | ||
| Q2 25 | — | $3.1B | ||
| Q1 25 | — | $3.0B | ||
| Q4 24 | — | $3.6B | ||
| Q3 24 | — | $3.8B | ||
| Q2 24 | — | $3.8B | ||
| Q1 24 | — | $3.8B |
| Q4 25 | $7.1B | $3.1B | ||
| Q3 25 | $6.8B | $3.1B | ||
| Q2 25 | $6.7B | $3.2B | ||
| Q1 25 | $6.4B | $3.2B | ||
| Q4 24 | $6.3B | $3.0B | ||
| Q3 24 | $6.3B | $3.0B | ||
| Q2 24 | $5.7B | $2.9B | ||
| Q1 24 | $5.7B | $2.8B |
| Q4 25 | $29.1B | $13.2B | ||
| Q3 25 | $27.1B | $13.6B | ||
| Q2 25 | $25.1B | $13.4B | ||
| Q1 25 | $24.1B | $13.2B | ||
| Q4 24 | $23.1B | $13.0B | ||
| Q3 24 | $22.7B | $13.5B | ||
| Q2 24 | $22.3B | $13.4B | ||
| Q1 24 | $20.8B | $13.9B |
| Q4 25 | — | 0.98× | ||
| Q3 25 | — | 0.77× | ||
| Q2 25 | — | 0.98× | ||
| Q1 25 | — | 0.93× | ||
| Q4 24 | — | 1.22× | ||
| Q3 24 | — | 1.28× | ||
| Q2 24 | — | 1.32× | ||
| Q1 24 | — | 1.36× |
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 | $414.0M |
| Free Cash FlowOCF − Capex | $-1.2B | $359.0M |
| FCF MarginFCF / Revenue | -65.1% | 11.2% |
| Capex IntensityCapex / Revenue | 2.2% | 1.7% |
| Cash ConversionOCF / Net Profit | -3.34× | 3.87× |
| TTM Free Cash FlowTrailing 4 quarters | $-3.4B | $1.1B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-1.2B | $414.0M | ||
| Q3 25 | $-1.6B | $409.0M | ||
| Q2 25 | $-168.8M | $186.0M | ||
| Q1 25 | $-352.1M | $315.0M | ||
| Q4 24 | $-352.8M | $650.0M | ||
| Q3 24 | $791.9M | $195.0M | ||
| Q2 24 | $-1.3B | $238.0M | ||
| Q1 24 | $71.1M | $280.0M |
| Q4 25 | $-1.2B | $359.0M | ||
| Q3 25 | $-1.6B | $365.0M | ||
| Q2 25 | $-186.3M | $143.0M | ||
| Q1 25 | $-368.8M | $238.0M | ||
| Q4 24 | $-379.5M | $568.0M | ||
| Q3 24 | $772.8M | $154.0M | ||
| Q2 24 | $-1.3B | $190.0M | ||
| Q1 24 | $56.9M | $242.0M |
| Q4 25 | -65.1% | 11.2% | ||
| Q3 25 | -475.7% | 11.5% | ||
| Q2 25 | -11.8% | 4.5% | ||
| Q1 25 | -37.9% | 7.5% | ||
| Q4 24 | -36.8% | 17.6% | ||
| Q3 24 | 29.3% | 4.8% | ||
| Q2 24 | -120.4% | 5.9% | ||
| Q1 24 | 8.3% | 7.1% |
| Q4 25 | 2.2% | 1.7% | ||
| Q3 25 | 7.0% | 1.4% | ||
| Q2 25 | 1.1% | 1.4% | ||
| Q1 25 | 1.7% | 2.4% | ||
| Q4 24 | 2.6% | 2.5% | ||
| Q3 24 | 0.7% | 1.3% | ||
| Q2 24 | 1.7% | 1.5% | ||
| Q1 24 | 2.1% | 1.1% |
| Q4 25 | -3.34× | 3.87× | ||
| Q3 25 | -1732.78× | 11.36× | ||
| Q2 25 | -0.53× | 11.63× | ||
| Q1 25 | -2.71× | 1.19× | ||
| Q4 24 | -1.67× | 11.40× | ||
| Q3 24 | 1.33× | 4.64× | ||
| Q2 24 | -8.57× | 9.15× | ||
| Q1 24 | 1.08× | — |
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% |
DXC
| GIS Segment | $1.6B | 50% |
| CES Segment | $1.3B | 40% |
| Insurance Segment | $321.0M | 10% |
