Carlyle Reports Fourth Quarter and Full-Year 2024 Financial Results

The Carlyle Group reports strong fourth-quarter and full-year 2024 financial results, meeting all financial targets.
Carlyle Reports Fourth Quarter and Full-Year 2024 Financial Results
Washington, DC and New York, NY – February 11, 2025 – Global investment firm The Carlyle Group Inc. (NASDAQ: CG) today reported its unaudited results for the fourth quarter and full-year ended December 31, 2024. The full detailed presentation of Carlyle’s fourth quarter and full-year 2024 results can be viewed at ir.carlyle.com.

For the fourth quarter and full-year ended December 31, 2024, U.S. GAAP results included income before provision for income taxes of $265 million and $1.4 billion, respectively, and a margin on income before provision for income taxes of 25.7% and 25.7%, respectively.

Carlyle Chief Executive Officer Harvey M. Schwartz said, “Carlyle delivered a strong 2024, meeting every financial target we set, including record Fee Related Earnings and FRE margin, and robust inflows. As we enter 2025, we expect a high level of activity across our platform and remain focused on driving long-term shareholder value.”

Dividend
The Board of Directors has declared a quarterly dividend of $0.35 per common share to holders of record at the close of business on February 21, 2025, payable on February 28, 2025. For full-year 2024, the Board of Directors declared $1.40 in aggregate distributions to common shareholders.

Conference Call
Carlyle will host a conference call at 8:30 a.m. EST on Tuesday, February 11, 2025, to announce its fourth quarter and full-year 2024 financial results. The conference call will be available via public webcast from the Events & Presentations section of ir.carlyle.com and a replay will also be available on our website soon after the call’s completion. 

About Carlyle
Carlyle (NASDAQ: CG) is a global investment firm with deep industry expertise that deploys private capital across three business segments: Global Private Equity, Global Credit, and Global Investment Solutions. With $441 billion of assets under management as of December 31, 2024, Carlyle’s purpose is to invest wisely and create value on behalf of its investors, portfolio companies, and the communities in which we live and invest. Carlyle employs more than 2,300 people in 29 offices across four continents. Further information is available at www.carlyle.com. Follow Carlyle on X @OneCarlyle and LinkedIn at The Carlyle Group.

Contacts:

Public Market Investor Relations
Daniel Harris
Phone: +1 (212) 813-4527
Brittany Berliner
Phone: +1 (212) 813-4839
Phone: +1 (212) 813-4763
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Carlyle Group
Carlyle Group
Washington, DC, United States
Carlyle (NASDAQ: CG) is a global investment firm with deep industry expertise that deploys private capital across three business segments: Global Private Equity, Global Credit, and Global Investment Solutions. With $441 billion of assets under management as of December 31, 2024, Carlyle’s purpose is to invest wisely and create value on behalf of its investors, portfolio companies, and the communities in which we live and invest. Carlyle employs more than 2,300 people in 29 offices across four continents.
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