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Side-by-side financial comparison of Carlyle Group Inc. (CG) and Huntsman CORP (HUN). Click either name above to swap in a different company.
Carlyle Group Inc. is the larger business by last-quarter revenue ($1.9B vs $1.4B, roughly 1.4× Huntsman CORP). Carlyle Group Inc. runs the higher net margin — 18.8% vs -7.1%, a 25.9% gap on every dollar of revenue. On growth, Carlyle Group Inc. posted the faster year-over-year revenue change (84.1% vs -6.7%). Huntsman CORP produced more free cash flow last quarter ($19.0M vs $-1.2B). Over the past eight quarters, Carlyle Group Inc.'s revenue compounded faster (66.2% CAGR vs -4.0%).
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.
Huntsman Corporation is an American multinational manufacturer and marketer of chemical products for consumers and industrial customers. Huntsman manufactures assorted polyurethanes, performance products, and adhesives for customers like BMW, GE, Chevron, Procter & Gamble, Unilever and Walkaroo. With global headquarters in The Woodlands, Texas, it operates more than 60 manufacturing, R&D and operations facilities in over 25 countries and employ approximately 7,000 associates across three busi...
CG vs HUN — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | ||
|---|---|---|
| Revenue | $1.9B | $1.4B |
| Net Profit | $358.1M | $-96.0M |
| Gross Margin | — | 12.1% |
| Operating Margin | 24.3% | -4.4% |
| Net Margin | 18.8% | -7.1% |
| Revenue YoY | 84.1% | -6.7% |
| Net Profit YoY | 69.8% | 31.9% |
| EPS (diluted) | $0.96 | $-0.56 |
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 | $1.4B | ||
| Q3 25 | $332.7M | $1.5B | ||
| Q2 25 | $1.6B | $1.5B | ||
| Q1 25 | $973.1M | $1.4B | ||
| Q4 24 | $1.0B | $1.5B | ||
| Q3 24 | $2.6B | $1.5B | ||
| Q2 24 | $1.1B | $1.6B | ||
| Q1 24 | $688.4M | $1.5B |
| Q4 25 | $358.1M | $-96.0M | ||
| Q3 25 | $900.0K | $-25.0M | ||
| Q2 25 | $319.7M | $-158.0M | ||
| Q1 25 | $130.0M | $-5.0M | ||
| Q4 24 | $210.9M | $-141.0M | ||
| Q3 24 | $595.7M | $-33.0M | ||
| Q2 24 | $148.2M | $22.0M | ||
| Q1 24 | $65.6M | $-37.0M |
| Q4 25 | — | 12.1% | ||
| Q3 25 | — | 14.0% | ||
| Q2 25 | — | 12.5% | ||
| Q1 25 | — | 14.3% | ||
| Q4 24 | — | 12.9% | ||
| Q3 24 | — | 15.2% | ||
| Q2 24 | — | 15.4% | ||
| Q1 24 | — | 13.7% |
| Q4 25 | 24.3% | -4.4% | ||
| Q3 25 | 25.8% | 0.4% | ||
| Q2 25 | 28.0% | -8.2% | ||
| Q1 25 | 17.6% | 3.0% | ||
| Q4 24 | 25.7% | -4.3% | ||
| Q3 24 | 29.9% | 2.7% | ||
| Q2 24 | 20.5% | 2.2% | ||
| Q1 24 | 17.5% | -2.6% |
| Q4 25 | 18.8% | -7.1% | ||
| Q3 25 | 0.3% | -1.7% | ||
| Q2 25 | 20.3% | -10.8% | ||
| Q1 25 | 13.4% | -0.4% | ||
| Q4 24 | 20.4% | -9.7% | ||
| Q3 24 | 22.6% | -2.1% | ||
| Q2 24 | 13.9% | 1.4% | ||
| Q1 24 | 9.5% | -2.5% |
| Q4 25 | $0.96 | $-0.56 | ||
| Q3 25 | $0.00 | $-0.14 | ||
| Q2 25 | $0.87 | $-0.92 | ||
| Q1 25 | $0.35 | $-0.03 | ||
| Q4 24 | $0.56 | $-0.82 | ||
| Q3 24 | $1.63 | $-0.19 | ||
| Q2 24 | $0.40 | $0.13 | ||
| Q1 24 | $0.18 | $-0.22 |
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 | $429.0M |
| Total DebtLower is stronger | — | $2.0B |
| Stockholders' EquityBook value | $7.1B | $2.8B |
| Total Assets | $29.1B | $7.0B |
| Debt / EquityLower = less leverage | — | 0.73× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $2.0B | $429.0M | ||
| Q3 25 | $2.2B | $468.0M | ||
| Q2 25 | $1.3B | $399.0M | ||
| Q1 25 | $1.2B | $334.0M | ||
| Q4 24 | $1.3B | $340.0M | ||
| Q3 24 | $1.4B | $330.0M | ||
| Q2 24 | $914.8M | $335.0M | ||
| Q1 24 | $1.3B | $552.0M |
| Q4 25 | — | $2.0B | ||
| Q3 25 | — | $2.0B | ||
| Q2 25 | — | $2.0B | ||
| Q1 25 | — | $2.0B | ||
| Q4 24 | — | $1.8B | ||
| Q3 24 | — | $1.9B | ||
| Q2 24 | — | $1.9B | ||
| Q1 24 | — | $2.1B |
| Q4 25 | $7.1B | $2.8B | ||
| Q3 25 | $6.8B | $2.8B | ||
| Q2 25 | $6.7B | $2.8B | ||
| Q1 25 | $6.4B | $3.0B | ||
| Q4 24 | $6.3B | $3.0B | ||
| Q3 24 | $6.3B | $3.1B | ||
| Q2 24 | $5.7B | $3.1B | ||
| Q1 24 | $5.7B | $3.2B |
| Q4 25 | $29.1B | $7.0B | ||
| Q3 25 | $27.1B | $7.1B | ||
| Q2 25 | $25.1B | $7.1B | ||
| Q1 25 | $24.1B | $7.2B | ||
| Q4 24 | $23.1B | $7.1B | ||
| Q3 24 | $22.7B | $7.3B | ||
| Q2 24 | $22.3B | $7.3B | ||
| Q1 24 | $20.8B | $7.6B |
| Q4 25 | — | 0.73× | ||
| Q3 25 | — | 0.73× | ||
| Q2 25 | — | 0.72× | ||
| Q1 25 | — | 0.66× | ||
| Q4 24 | — | 0.62× | ||
| Q3 24 | — | 0.60× | ||
| Q2 24 | — | 0.62× | ||
| Q1 24 | — | 0.65× |
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 | $76.0M |
| Free Cash FlowOCF − Capex | $-1.2B | $19.0M |
| FCF MarginFCF / Revenue | -65.1% | 1.4% |
| Capex IntensityCapex / Revenue | 2.2% | 4.2% |
| Cash ConversionOCF / Net Profit | -3.34× | — |
| TTM Free Cash FlowTrailing 4 quarters | $-3.4B | $116.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-1.2B | $76.0M | ||
| Q3 25 | $-1.6B | $196.0M | ||
| Q2 25 | $-168.8M | $91.0M | ||
| Q1 25 | $-352.1M | $-74.0M | ||
| Q4 24 | $-352.8M | $153.0M | ||
| Q3 24 | $791.9M | $129.0M | ||
| Q2 24 | $-1.3B | $46.0M | ||
| Q1 24 | $71.1M | $-65.0M |
| Q4 25 | $-1.2B | $19.0M | ||
| Q3 25 | $-1.6B | $153.0M | ||
| Q2 25 | $-186.3M | $54.0M | ||
| Q1 25 | $-368.8M | $-110.0M | ||
| Q4 24 | $-379.5M | $102.0M | ||
| Q3 24 | $772.8M | $88.0M | ||
| Q2 24 | $-1.3B | $-4.0M | ||
| Q1 24 | $56.9M | $-107.0M |
| Q4 25 | -65.1% | 1.4% | ||
| Q3 25 | -475.7% | 10.5% | ||
| Q2 25 | -11.8% | 3.7% | ||
| Q1 25 | -37.9% | -7.8% | ||
| Q4 24 | -36.8% | 7.0% | ||
| Q3 24 | 29.3% | 5.7% | ||
| Q2 24 | -120.4% | -0.3% | ||
| Q1 24 | 8.3% | -7.3% |
| Q4 25 | 2.2% | 4.2% | ||
| Q3 25 | 7.0% | 2.9% | ||
| Q2 25 | 1.1% | 2.5% | ||
| Q1 25 | 1.7% | 2.6% | ||
| Q4 24 | 2.6% | 3.5% | ||
| Q3 24 | 0.7% | 2.7% | ||
| Q2 24 | 1.7% | 3.2% | ||
| Q1 24 | 2.1% | 2.9% |
| Q4 25 | -3.34× | — | ||
| Q3 25 | -1732.78× | — | ||
| Q2 25 | -0.53× | — | ||
| Q1 25 | -2.71× | — | ||
| Q4 24 | -1.67× | — | ||
| Q3 24 | 1.33× | — | ||
| Q2 24 | -8.57× | 2.09× | ||
| 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% |
HUN
| Diversified | $897.0M | 66% |
| Specialty | $231.0M | 17% |
| Performance Products | $113.0M | 8% |
| Advanced Materials | $61.0M | 5% |
| Related Party Customers | $19.0M | 1% |
| Other | $12.0M | 1% |