The Carlyle Group revenue and financials
$38.88Change from previous close: −1.12%Absolute change: −$0.44
In the fiscal year ended December 2025, The Carlyle Group reported revenue of $4.78B (−11.91% year over year). Net income was $808.7M, a net margin of 16.9%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- −11.91%
- 2025 vs 2024
- Net income growth
- −20.75%
- 2025 vs 2024
- Net margin
- 16.9%
- 2024: 18.8%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -3,276 | -760 | 205 | -379 | 1,791 | -169 | 359 | -344 | -7.1 | -301 |
| Depreciation and amortization | 192 | 184 | 181 | 147 | 52.0 | 52.1 | 65.6 | 46.9 | 41.3 | — |
| Capital expenditure | -99.4 | -77.7 | -66.6 | -40.6 | -41.4 | -61.2 | -27.8 | -31.3 | -34.0 | -25.4 |
| Investing cash flow | -99.4 | -77.6 | -43.6 | -829 | -32.2 | — | — | — | — | — |
| Financing cash flow | 3,990 | 683 | -99.6 | 115 | -243 | — | — | — | — | — |
| Dividends paid | -505 | -503 | -498 | -444 | -356 | -351 | -155 | -130 | -118 | -141 |
| Share repurchases | -687 | -555 | -204 | -186 | -162 | -26.4 | -34.5 | -108 | -0.2 | -58.9 |
| Debt issued | 4,897 | 1,836 | 713 | 697 | 849 | — | — | — | — | — |
| Debt repaid | -56.5 | -131 | -17.2 | -16.7 | -562 | — | — | — | — | — |
| Effect of exchange rates | 91.6 | -21.3 | 18.9 | -20.3 | -30.8 | — | — | — | — | — |
| Net change in cash | 707 | -176 | 80.6 | -1,114 | 1,486 | — | — | — | — | — |
| Free cash flow | -3,375 | -837 | 138 | -420 | 1,750 | — | — | — | — | — |