Carlyle Group (NASDAQ:CG) Posts Quarterly Earnings Results, Misses Expectations By $0.03 EPS

Carlyle Group (NASDAQ:CG) announced its earnings results on Friday. The financial services provider reported $1.01 earnings per share for the quarter, missing the consensus estimate of $1.04 by ($0.03), FiscalAI reports. Carlyle Group had a return on equity of 23.46% and a net margin of 16.91%.The business had revenue of $1.90 billion for the quarter, compared to analysts’ expectations of $1.09 billion. During the same quarter last year, the firm earned $0.92 earnings per share. The firm’s quarterly revenue was up 84.1% compared to the same quarter last year.

Here are the key takeaways from Carlyle Group’s conference call:

• Carlyle delivered a record 2025 with fee-related earnings up 12% to a firm high, a 47% FRE margin, distributable earnings of $1.7 billion ($4.02/sh), and record AUM of $477 billion.
• Fundraising and activity were robust — inflows of $54 billion, deployments of $54 billion, and $34 billion of realized proceeds, with $18 billion of capital returned to fund investors in 2025.
• Carlyle highlighted market-leading monetizations (including the $7 billion Medline IPO and leading sponsor-backed IPO activity) and expects exit momentum to continue into 2026.
• Growth engines concentrated in Carlyle AlpInvest and Global Credit — AlpInvest FRE rose ~60% (closed a $20 billion secondary fund) and Credit executed record originations and priced 39 CLOs, fueling fee revenue growth.
• Management flagged recent market volatility and tighter credit spreads that could create short-term fragility for exits and markets, though they remain constructive based on portfolio fundamentals.

Carlyle Group Stock Performance

CG stock traded up $3.01 during midday trading on Friday, hitting $58.42. 2,557,964 shares of the stock traded hands, compared to its average volume of 2,749,044. The stock’s fifty day simple moving average is $60.39 and its 200-day simple moving average is $60.34. The firm has a market cap of $21.05 billion, a P/E ratio of 32.63, a PEG ratio of 1.04 and a beta of 2.05. Carlyle Group has a 1-year low of $33.02 and a 1-year high of $69.85. The company has a debt-to-equity ratio of 1.78, a current ratio of 2.49 and a quick ratio of 2.49.

Insider Activity at Carlyle Group

In related news, Director David M. Rubenstein sold 625,000 shares of the company’s stock in a transaction dated Wednesday, December 10th. The stock was sold at an average price of $56.55, for a total value of $35,343,750.00. Following the completion of the transaction, the director owned 27,999,644 shares of the company’s stock, valued at approximately $1,583,379,868.20. This represents a 2.18% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 26.30% of the stock is owned by company insiders.

Hedge Funds Weigh In On Carlyle Group

Institutional investors have recently added to or reduced their stakes in the stock. WFA of San Diego LLC purchased a new stake in shares of Carlyle Group in the 2nd quarter valued at approximately $26,000. Quarry LP acquired a new stake in shares of Carlyle Group during the 3rd quarter worth about $33,000. Brown Brothers Harriman & Co. acquired a new position in Carlyle Group in the third quarter valued at about $41,000. Geneos Wealth Management Inc. increased its position in shares of Carlyle Group by 755.3% during the first quarter. Geneos Wealth Management Inc. now owns 650 shares of the financial services provider’s stock valued at $28,000 after acquiring an additional 574 shares during the last quarter. Finally, Quadrant Capital Group LLC acquired a new position in shares of Carlyle Group in the 3rd quarter worth approximately $83,000. Hedge funds and other institutional investors own 55.88% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently issued reports on the company. TD Cowen reissued a “buy” rating on shares of Carlyle Group in a research report on Wednesday, January 14th. Wolfe Research reissued an “outperform” rating on shares of Carlyle Group in a report on Wednesday, January 7th. Weiss Ratings reiterated a “hold (c)” rating on shares of Carlyle Group in a research report on Wednesday, January 21st. Evercore ISI raised their price target on shares of Carlyle Group from $57.00 to $62.00 and gave the stock an “in-line” rating in a research report on Thursday, January 22nd. Finally, Keefe, Bruyette & Woods cut their price objective on shares of Carlyle Group from $66.00 to $64.00 and set a “market perform” rating on the stock in a research note on Monday, November 3rd. Seven equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $67.77.

Carlyle Group Company Profile

The Carlyle Group (NASDAQ: CG) is a global alternative asset manager that invests across a range of strategies including private equity, real assets (such as real estate and infrastructure), global credit, and investment solutions. Founded in 1987 and headquartered in Washington, DC, Carlyle raises and manages investment funds that acquire, operate and exit companies and assets on behalf of institutional and private investors. The firm is publicly traded on the Nasdaq exchange and operates as an asset manager and investment advisor rather than as an operating company.

Carlyle’s core activities include sourcing and executing private equity buyouts and growth investments, originating and managing credit and financing solutions, and acquiring and operating real asset portfolios.