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Side-by-side financial comparison of Carlyle Group Inc. (CG) and Evergy (EVRG). Click either name above to swap in a different company.
Carlyle Group Inc. is the larger business by last-quarter revenue ($1.9B vs $1.3B, roughly 1.5× Evergy). Carlyle Group Inc. runs the higher net margin — 18.8% vs 6.5%, a 12.3% gap on every dollar of revenue. On growth, Carlyle Group Inc. posted the faster year-over-year revenue change (84.1% vs 5.3%). Evergy produced more free cash flow last quarter ($-530.5M vs $-1.2B). Over the past eight quarters, Carlyle Group Inc.'s revenue compounded faster (66.2% CAGR vs 0.4%).
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.
Evergy, Inc. is an American investor-owned utility (IOU) with publicly traded stock with headquarters in Topeka, Kansas, and in Kansas City, Missouri. The company was formed from a merger of Westar Energy of Topeka and Great Plains Energy of Kansas City, parent company of Kansas City Power & Light. Evergy is the largest electric company in Kansas, serving more than 1.7 million residential, commercial and industrial customers in Kansas and Missouri.
CG vs EVRG — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.9B | $1.3B |
| Net Profit | $358.1M | $84.3M |
| Gross Margin | — | — |
| Operating Margin | 24.3% | 18.5% |
| Net Margin | 18.8% | 6.5% |
| Revenue YoY | 84.1% | 5.3% |
| Net Profit YoY | 69.8% | 7.8% |
| EPS (diluted) | $0.96 | $0.35 |
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 | $1.3B | ||
| Q3 25 | $332.7M | $1.8B | ||
| Q2 25 | $1.6B | $1.4B | ||
| Q1 25 | $973.1M | $1.3B | ||
| Q4 24 | $1.0B | $1.2B | ||
| Q3 24 | $2.6B | $1.8B | ||
| Q2 24 | $1.1B | $1.4B | ||
| Q1 24 | $688.4M | $1.3B |
| Q4 25 | $358.1M | $84.3M | ||
| Q3 25 | $900.0K | $475.0M | ||
| Q2 25 | $319.7M | $171.3M | ||
| Q1 25 | $130.0M | $125.0M | ||
| Q4 24 | $210.9M | $78.2M | ||
| Q3 24 | $595.7M | $465.6M | ||
| Q2 24 | $148.2M | $207.0M | ||
| Q1 24 | $65.6M | $122.7M |
| Q4 25 | 24.3% | 18.5% | ||
| Q3 25 | 25.8% | 37.3% | ||
| Q2 25 | 28.0% | 25.4% | ||
| Q1 25 | 17.6% | 22.5% | ||
| Q4 24 | 25.7% | 18.1% | ||
| Q3 24 | 29.9% | 35.1% | ||
| Q2 24 | 20.5% | 25.4% | ||
| Q1 24 | 17.5% | 20.3% |
| Q4 25 | 18.8% | 6.5% | ||
| Q3 25 | 0.3% | 26.9% | ||
| Q2 25 | 20.3% | 12.6% | ||
| Q1 25 | 13.4% | 9.7% | ||
| Q4 24 | 20.4% | 6.4% | ||
| Q3 24 | 22.6% | 26.0% | ||
| Q2 24 | 13.9% | 14.7% | ||
| Q1 24 | 9.5% | 9.6% |
| Q4 25 | $0.96 | $0.35 | ||
| Q3 25 | $0.00 | $2.03 | ||
| Q2 25 | $0.87 | $0.74 | ||
| Q1 25 | $0.35 | $0.54 | ||
| Q4 24 | $0.56 | $0.34 | ||
| Q3 24 | $1.63 | $2.02 | ||
| Q2 24 | $0.40 | $0.90 | ||
| Q1 24 | $0.18 | $0.53 |
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 | $19.8M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $7.1B | $10.2B |
| Total Assets | $29.1B | $33.9B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $2.0B | $19.8M | ||
| Q3 25 | $2.2B | $27.5M | ||
| Q2 25 | $1.3B | $27.8M | ||
| Q1 25 | $1.2B | $35.3M | ||
| Q4 24 | $1.3B | $22.0M | ||
| Q3 24 | $1.4B | $34.6M | ||
| Q2 24 | $914.8M | $26.1M | ||
| Q1 24 | $1.3B | $63.7M |
| Q4 25 | $7.1B | $10.2B | ||
| Q3 25 | $6.8B | $10.3B | ||
| Q2 25 | $6.7B | $10.0B | ||
| Q1 25 | $6.4B | $9.9B | ||
| Q4 24 | $6.3B | $10.0B | ||
| Q3 24 | $6.3B | $10.0B | ||
| Q2 24 | $5.7B | $9.7B | ||
| Q1 24 | $5.7B | $9.6B |
| Q4 25 | $29.1B | $33.9B | ||
| Q3 25 | $27.1B | $33.4B | ||
| Q2 25 | $25.1B | $32.9B | ||
| Q1 25 | $24.1B | $32.5B | ||
| Q4 24 | $23.1B | $32.3B | ||
| Q3 24 | $22.7B | $32.1B | ||
| Q2 24 | $22.3B | $31.8B | ||
| Q1 24 | $20.8B | $31.3B |
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 | $334.0M |
| Free Cash FlowOCF − Capex | $-1.2B | $-530.5M |
| FCF MarginFCF / Revenue | -65.1% | -41.1% |
| Capex IntensityCapex / Revenue | 2.2% | 66.9% |
| Cash ConversionOCF / Net Profit | -3.34× | 3.96× |
| TTM Free Cash FlowTrailing 4 quarters | $-3.4B | $-751.7M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-1.2B | $334.0M | ||
| Q3 25 | $-1.6B | $937.7M | ||
| Q2 25 | $-168.8M | $323.9M | ||
| Q1 25 | $-352.1M | $449.6M | ||
| Q4 24 | $-352.8M | $395.6M | ||
| Q3 24 | $791.9M | $953.3M | ||
| Q2 24 | $-1.3B | $317.5M | ||
| Q1 24 | $71.1M | $317.3M |
| Q4 25 | $-1.2B | $-530.5M | ||
| Q3 25 | $-1.6B | $225.4M | ||
| Q2 25 | $-186.3M | $-303.4M | ||
| Q1 25 | $-368.8M | $-143.2M | ||
| Q4 24 | $-379.5M | $-118.6M | ||
| Q3 24 | $772.8M | $427.0M | ||
| Q2 24 | $-1.3B | $-360.0M | ||
| Q1 24 | $56.9M | $-301.3M |
| Q4 25 | -65.1% | -41.1% | ||
| Q3 25 | -475.7% | 12.8% | ||
| Q2 25 | -11.8% | -22.4% | ||
| Q1 25 | -37.9% | -11.1% | ||
| Q4 24 | -36.8% | -9.7% | ||
| Q3 24 | 29.3% | 23.9% | ||
| Q2 24 | -120.4% | -25.6% | ||
| Q1 24 | 8.3% | -23.5% |
| Q4 25 | 2.2% | 66.9% | ||
| Q3 25 | 7.0% | 40.4% | ||
| Q2 25 | 1.1% | 46.3% | ||
| Q1 25 | 1.7% | 45.8% | ||
| Q4 24 | 2.6% | 41.9% | ||
| Q3 24 | 0.7% | 29.4% | ||
| Q2 24 | 1.7% | 48.1% | ||
| Q1 24 | 2.1% | 48.3% |
| Q4 25 | -3.34× | 3.96× | ||
| Q3 25 | -1732.78× | 1.97× | ||
| Q2 25 | -0.53× | 1.89× | ||
| Q1 25 | -2.71× | 3.60× | ||
| Q4 24 | -1.67× | 5.06× | ||
| Q3 24 | 1.33× | 2.05× | ||
| Q2 24 | -8.57× | 1.53× | ||
| Q1 24 | 1.08× | 2.59× |
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% |
EVRG
| Electric Utility Customer Class Residential | $462.9M | 36% |
| Electric Utility Customer Class Commercial | $447.6M | 35% |
| Electric Utility Customer Class Industrial | $164.1M | 13% |
| Electric Utility Customer Class Transmission | $129.4M | 10% |
| Electric Utility Customer Class Wholesale | $69.7M | 5% |
| Electric Utility Customer Class Other Retail | $12.2M | 1% |
| Electric Utility Customer Class Industrial Steam | $5.7M | 0% |
