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Side-by-side financial comparison of Carlyle Group Inc. (CG) and SERVICE CORP INTERNATIONAL (SCI). Click either name above to swap in a different company.
Carlyle Group Inc. is the larger business by last-quarter revenue ($1.9B vs $1.1B, roughly 1.7× SERVICE CORP INTERNATIONAL). Carlyle Group Inc. runs the higher net margin — 18.8% vs 14.3%, a 4.5% gap on every dollar of revenue. On growth, Carlyle Group Inc. posted the faster year-over-year revenue change (84.1% vs 1.7%). SERVICE CORP INTERNATIONAL produced more free cash flow last quarter ($87.2M vs $-1.2B). Over the past eight quarters, Carlyle Group Inc.'s revenue compounded faster (66.2% CAGR vs 3.1%).
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.
International Distribution Services Limited is a British company providing postal and courier services. IDS was created in 2013 by the UK government as a new holding company of Royal Mail, and a majority of its shares were then sold on the London Stock Exchange, with the government initially retaining a 30 per cent at the time. As of April 2025, IDS is owned and operated by Czech-based EP Group, owned by Daniel Křetínský.
CG vs SCI — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.9B | $1.1B |
| Net Profit | $358.1M | $159.4M |
| Gross Margin | — | 28.0% |
| Operating Margin | 24.3% | 24.8% |
| Net Margin | 18.8% | 14.3% |
| Revenue YoY | 84.1% | 1.7% |
| Net Profit YoY | 69.8% | 5.3% |
| EPS (diluted) | $0.96 | $1.13 |
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 | $1.1B | ||
| Q3 25 | $332.7M | $1.1B | ||
| Q2 25 | $1.6B | $1.1B | ||
| Q1 25 | $973.1M | $1.1B | ||
| Q4 24 | $1.0B | $1.1B | ||
| Q3 24 | $2.6B | $1.0B | ||
| Q2 24 | $1.1B | $1.0B | ||
| Q1 24 | $688.4M | $1.0B |
| Q4 25 | $358.1M | $159.4M | ||
| Q3 25 | $900.0K | $117.5M | ||
| Q2 25 | $319.7M | $122.9M | ||
| Q1 25 | $130.0M | $142.9M | ||
| Q4 24 | $210.9M | $151.4M | ||
| Q3 24 | $595.7M | $117.8M | ||
| Q2 24 | $148.2M | $118.2M | ||
| Q1 24 | $65.6M | $131.3M |
| Q4 25 | — | 28.0% | ||
| Q3 25 | — | 25.1% | ||
| Q2 25 | — | 25.5% | ||
| Q1 25 | — | 27.1% | ||
| Q4 24 | — | 28.0% | ||
| Q3 24 | — | 24.9% | ||
| Q2 24 | — | 24.9% | ||
| Q1 24 | — | 26.2% |
| Q4 25 | 24.3% | 24.8% | ||
| Q3 25 | 25.8% | 21.4% | ||
| Q2 25 | 28.0% | 21.1% | ||
| Q1 25 | 17.6% | 23.4% | ||
| Q4 24 | 25.7% | 24.0% | ||
| Q3 24 | 29.9% | 20.9% | ||
| Q2 24 | 20.5% | 21.4% | ||
| Q1 24 | 17.5% | 22.2% |
| Q4 25 | 18.8% | 14.3% | ||
| Q3 25 | 0.3% | 11.1% | ||
| Q2 25 | 20.3% | 11.5% | ||
| Q1 25 | 13.4% | 13.3% | ||
| Q4 24 | 20.4% | 13.8% | ||
| Q3 24 | 22.6% | 11.6% | ||
| Q2 24 | 13.9% | 11.4% | ||
| Q1 24 | 9.5% | 12.6% |
| Q4 25 | $0.96 | $1.13 | ||
| Q3 25 | $0.00 | $0.83 | ||
| Q2 25 | $0.87 | $0.86 | ||
| Q1 25 | $0.35 | $0.98 | ||
| Q4 24 | $0.56 | $1.02 | ||
| Q3 24 | $1.63 | $0.81 | ||
| Q2 24 | $0.40 | $0.81 | ||
| Q1 24 | $0.18 | $0.89 |
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 | $243.6M |
| Total DebtLower is stronger | — | $5.1B |
| Stockholders' EquityBook value | $7.1B | $1.6B |
| Total Assets | $29.1B | $18.7B |
| Debt / EquityLower = less leverage | — | 3.10× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $2.0B | $243.6M | ||
| Q3 25 | $2.2B | $241.3M | ||
| Q2 25 | $1.3B | $255.4M | ||
| Q1 25 | $1.2B | $227.2M | ||
| Q4 24 | $1.3B | $218.8M | ||
| Q3 24 | $1.4B | $185.4M | ||
| Q2 24 | $914.8M | $184.4M | ||
| Q1 24 | $1.3B | $205.6M |
| Q4 25 | — | $5.1B | ||
| Q3 25 | — | $5.0B | ||
| Q2 25 | — | $5.0B | ||
| Q1 25 | — | $4.7B | ||
| Q4 24 | — | $4.8B | ||
| Q3 24 | — | $4.7B | ||
| Q2 24 | — | $4.7B | ||
| Q1 24 | — | $4.6B |
| Q4 25 | $7.1B | $1.6B | ||
| Q3 25 | $6.8B | $1.6B | ||
| Q2 25 | $6.7B | $1.6B | ||
| Q1 25 | $6.4B | $1.7B | ||
| Q4 24 | $6.3B | $1.7B | ||
| Q3 24 | $6.3B | $1.6B | ||
| Q2 24 | $5.7B | $1.5B | ||
| Q1 24 | $5.7B | $1.6B |
| Q4 25 | $29.1B | $18.7B | ||
| Q3 25 | $27.1B | $18.4B | ||
| Q2 25 | $25.1B | $18.0B | ||
| Q1 25 | $24.1B | $17.3B | ||
| Q4 24 | $23.1B | $17.4B | ||
| Q3 24 | $22.7B | $17.4B | ||
| Q2 24 | $22.3B | $16.8B | ||
| Q1 24 | $20.8B | $16.7B |
| Q4 25 | — | 3.10× | ||
| Q3 25 | — | 3.17× | ||
| Q2 25 | — | 3.19× | ||
| Q1 25 | — | 2.87× | ||
| Q4 24 | — | 2.83× | ||
| Q3 24 | — | 2.92× | ||
| Q2 24 | — | 3.05× | ||
| Q1 24 | — | 2.90× |
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 | $212.9M |
| Free Cash FlowOCF − Capex | $-1.2B | $87.2M |
| FCF MarginFCF / Revenue | -65.1% | 7.8% |
| Capex IntensityCapex / Revenue | 2.2% | 11.3% |
| Cash ConversionOCF / Net Profit | -3.34× | 1.34× |
| TTM Free Cash FlowTrailing 4 quarters | $-3.4B | $554.2M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-1.2B | $212.9M | ||
| Q3 25 | $-1.6B | $252.3M | ||
| Q2 25 | $-168.8M | $166.4M | ||
| Q1 25 | $-352.1M | $311.1M | ||
| Q4 24 | $-352.8M | $264.1M | ||
| Q3 24 | $791.9M | $263.8M | ||
| Q2 24 | $-1.3B | $196.9M | ||
| Q1 24 | $71.1M | $220.1M |
| Q4 25 | $-1.2B | $87.2M | ||
| Q3 25 | $-1.6B | $150.7M | ||
| Q2 25 | $-186.3M | $83.4M | ||
| Q1 25 | $-368.8M | $233.0M | ||
| Q4 24 | $-379.5M | $151.8M | ||
| Q3 24 | $772.8M | $162.8M | ||
| Q2 24 | $-1.3B | $100.8M | ||
| Q1 24 | $56.9M | $140.3M |
| Q4 25 | -65.1% | 7.8% | ||
| Q3 25 | -475.7% | 14.2% | ||
| Q2 25 | -11.8% | 7.8% | ||
| Q1 25 | -37.9% | 21.7% | ||
| Q4 24 | -36.8% | 13.9% | ||
| Q3 24 | 29.3% | 16.1% | ||
| Q2 24 | -120.4% | 9.7% | ||
| Q1 24 | 8.3% | 13.4% |
| Q4 25 | 2.2% | 11.3% | ||
| Q3 25 | 7.0% | 9.6% | ||
| Q2 25 | 1.1% | 7.8% | ||
| Q1 25 | 1.7% | 7.3% | ||
| Q4 24 | 2.6% | 10.3% | ||
| Q3 24 | 0.7% | 10.0% | ||
| Q2 24 | 1.7% | 9.3% | ||
| Q1 24 | 2.1% | 7.6% |
| Q4 25 | -3.34× | 1.34× | ||
| Q3 25 | -1732.78× | 2.15× | ||
| Q2 25 | -0.53× | 1.35× | ||
| Q1 25 | -2.71× | 2.18× | ||
| Q4 24 | -1.67× | 1.75× | ||
| Q3 24 | 1.33× | 2.24× | ||
| Q2 24 | -8.57× | 1.67× | ||
| Q1 24 | 1.08× | 1.68× |
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% |
SCI
| Cemetery | $510.9M | 46% |
| Funeral Matured Preneed Revenue | $196.5M | 18% |
| Cemetery Recognized Preneed Merchandise And Service Revenue | $107.4M | 10% |
| Cemetery Atneed Revenue | $104.9M | 9% |
| CA | $56.4M | 5% |
| Funeral Other Revenue | $54.6M | 5% |
| Cemetery Other Revenue | $40.2M | 4% |
| Nonfuneral Home Revenue | $28.1M | 3% |
| Non Funeral Home Preneed Sales Revenue | $22.0M | 2% |
