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Sep 30, 2024

Carlyle Q3 2024 Earnings Report

Carlyle's Q3 2024 results reflected strategic actions and increased investment activity, leading to record Fee Related Earnings and a rise in net accrued performance revenues.

Key Takeaways

Carlyle reported strong Q3 2024 results driven by strategic actions and increased investment activity, achieving record Fee Related Earnings and a significant increase in net accrued performance revenues.

Carlyle's Q3 2024 reflected strategic actions taken over the past eighteen months.

The company experienced a pick-up in investment activity across its platform.

Carlyle achieved record quarterly Fee Related Earnings and FRE margin.

Net accrued performance revenues increased by nearly 30% during the quarter.

Total Revenue
$2.66B
Previous year: $562M
+373.3%
EPS
$0.95
Previous year: $0.87
+9.2%
Gross Profit
$144M
Previous year: $81.5M
+76.7%
Cash and Equivalents
$1.87B
Previous year: $1.62B
+15.0%
Free Cash Flow
$255M
Previous year: $274M
-6.8%
Total Assets
$22.7B
Previous year: $21B
+7.9%

Carlyle

Carlyle

Forward Guidance

Carlyle is well-positioned to capture new opportunities in an evolving market and continue delivering strong returns and long-term growth for its clients and shareholders.