Carlyle Group (CG) vs Houlihan Lokey (HLI)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
Houlihan Lokey (HLI) has outperformed Carlyle Group (CG) over the past year, losing 34.4% versus a loss of 36.6%. Over five years, HLI leads with a +23.9% price change compared with -25.4% for CG. Carlyle Group is the larger company by market cap ($13.68 billion vs $8.77 billion), about 1.6 times the size, while Houlihan Lokey is growing revenue faster (+9.5% vs -11.9%).
On valuation, Carlyle Group trades at a lower forward P/E (7.6x vs 14.5x for Houlihan Lokey). Carlyle Group offers the higher dividend yield (3.65% vs 1.99%). Carlyle Group converts more of its revenue into profit, with a net margin of 16.9% versus 16.3%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | CG | HLI |
|---|---|---|
| Share price | $38.39 | $125.53 |
| Market cap | $13.68B | $8.77B |
| 1-day change | +1.56% | +0.25% |
| YTD return | -35.05% | -27.94% |
| 1-year return | -36.60% | -34.38% |
| 5-year return | -25.38% | +23.92% |
| P/E ratio (TTM) | 39.58 | 21.06 |
| Forward P/E | 7.63 | 14.54 |
| EPS (TTM) | $0.97 | $5.96 |
| Dividend yield | 3.65% | 1.99% |
| Annual dividend | $1.40 | $2.50 |
| Revenue (latest FY) | $4.78B | $2.62B |
| Revenue growth (YoY) | -11.91% | +9.55% |
| Net income (latest FY) | $808.70M | $425.70M |
| Operating margin | — | 20.13% |
| Net margin | 16.92% | 16.26% |
| 52-week high | $67.30 | $204.18 |
| 52-week low | $37.08 | $112.83 |
| Distance from 52-week high | -42.96% | -38.52% |
| Analyst consensus | buy | buy |
| Avg. price target upside | +42.98% | +23.08% |
| Average volume | 3.55M | 907.89K |
| Shares outstanding | 356.33M | 54.20M |
| Employees | 2,500 | 2,800 |
| Sector | Finance | Finance |
| Industry | Investment Managers | Investment Managers |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Carlyle Group trades at a higher earnings multiple (39.6x vs 21.1x trailing P/E).
- Carlyle Group offers a meaningfully higher dividend yield (3.65% vs 1.99%).
- Houlihan Lokey grew revenue faster in its latest fiscal year (+9.55% vs -11.91%).
About Carlyle Group
CG stock →The Carlyle Group Inc. is an investment firm specializing in direct and fund of fund investments.
Finance · Investment Managers · 2,500 employees
About Houlihan Lokey
HLI stock →Houlihan Lokey, Inc., an investment banking company, provides merger and acquisition (M&A), capital market, financial restructurings and liability management, and financial and valuation advisory services worldwide. The company operates in three segments: Corporate Finance (CF), Financial Restructuring (FR), and Financial and Valuation Advisory (FVA).
Finance · Investment Managers · 2,800 employees
CG vs HLI FAQ
Which is bigger, Carlyle Group or Houlihan Lokey?
Carlyle Group (CG) is larger, with a market capitalization of $13.68B compared with $8.77B for Houlihan Lokey (HLI).
Which stock has performed better over the past year, CG or HLI?
HLI returned -34.38% over the past 12 months, compared with -36.60% for CG (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, CG or HLI?
HLI has the lower trailing P/E at 21.1, versus 39.6 for CG. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Carlyle Group or Houlihan Lokey?
Carlyle Group has the higher yield at 3.65%, compared with 1.99% for Houlihan Lokey.
Are Carlyle Group and Houlihan Lokey in the same industry?
Yes. Both are classified in the Investment Managers industry within the Finance sector.