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Mar 31, 2021

Carlyle Q1 2021 Earnings Report

Carlyle reported excellent fund performance driven by a record net accrued carry balance.

Key Takeaways

Carlyle Group reported strong first quarter results, driven by excellent fund performance and robust deal activity. The company's net income per common share was $2.41 on a diluted basis.

Excellent fund performance drove a record net accrued carry balance.

The company has strong momentum thanks to well-positioned investment portfolios.

Carlyle saw robust deal activity across its global platform.

Carlyle believes its strong performance underscores how it will continue to deliver value for its stakeholders.

Total Revenue
$613M
Previous year: $581M
+5.4%
EPS
$0.58
Previous year: $0.48
+20.8%
Gross Profit
$161M
Previous year: -$490M
-132.8%
Cash and Equivalents
$880M
Previous year: $1.01B
-12.7%
Free Cash Flow
$59.8M
Previous year: -$259M
-123.1%
Total Assets
$17B
Previous year: $12B
+41.7%

Carlyle

Carlyle

Forward Guidance

This press release contains forward-looking statements regarding the company's expectations for its business performance, financial results, liquidity, capital resources, dividend policy, and anticipated benefits from converting to a corporation.