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Mar 31, 2024

Carlyle Q1 2024 Earnings Report

Carlyle's Q1 2024 financial results were reported, showing continued momentum and record Fee Related Earnings.

Key Takeaways

Carlyle reported its Q1 2024 results, which reflected continued momentum across the firm and another quarter of record Fee Related Earnings. The diluted net income per common share was $0.18, and total assets were $21 billion.

Carlyle reported Q1 2024 financial results.

Net income per common share was $0.18 on a diluted basis.

Total balance sheet assets amounted to $21 billion.

CEO Harvey M. Schwartz noted continued momentum and record Fee Related Earnings.

Total Revenue
$681M
Previous year: $754M
-9.7%
EPS
$1.01
Previous year: $0.63
+60.3%
Gross Profit
$619M
Previous year: $178M
+246.7%
Cash and Equivalents
$1.7B
Previous year: $1.01B
+68.7%
Free Cash Flow
$56.9M
Previous year: -$125M
-145.4%
Total Assets
$21B
Previous year: $21B
+0.0%

Carlyle

Carlyle

Forward Guidance

Carlyle is well-positioned to capitalize on the steadily improving investment environment and remains confident in its ability to deliver its financial targets for 2024.