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

Carlyle Group (NASDAQ:CG) posted its earnings results on Friday. The financial services provider reported $1.01 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.04 by ($0.03), FiscalAI reports. The firm had revenue of $1.90 billion for the quarter, compared to analyst estimates of $1.09 billion. Carlyle Group had a return on equity of 23.46% and a net margin of 16.91%.Carlyle Group’s revenue was up 84.1% on a year-over-year basis. During the same period in the previous year, the company posted $0.92 EPS.

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 Up 5.4%

Shares of Carlyle Group stock traded up $3.01 during trading hours on Friday, hitting $58.42. The company had a trading volume of 2,557,964 shares, compared to its average volume of 2,749,044. Carlyle Group has a twelve month low of $33.02 and a twelve month high of $69.85. The company has a market cap of $21.05 billion, a P/E ratio of 32.63, a price-to-earnings-growth ratio of 1.04 and a beta of 2.05. The company has a debt-to-equity ratio of 1.78, a current ratio of 2.49 and a quick ratio of 2.49. The company’s 50-day moving average is $60.39 and its two-hundred day moving average is $60.34.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on the stock. Wall Street Zen cut shares of Carlyle Group from a “hold” rating to a “sell” rating in a report on Sunday, January 11th. TD Cowen reaffirmed a “buy” rating on shares of Carlyle Group in a research report on Wednesday, January 14th. Keefe, Bruyette & Woods decreased their target price on Carlyle Group from $66.00 to $64.00 and set a “market perform” rating for the company in a report on Monday, November 3rd. Barclays increased their price target on Carlyle Group from $65.00 to $68.00 and gave the company an “overweight” rating in a research report on Friday, December 12th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Carlyle Group in a research note on Wednesday, January 21st. Seven equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $67.77.

Insider Activity at Carlyle Group

In other news, Director David M. Rubenstein sold 625,000 shares of the business’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 sale, the director directly owned 27,999,644 shares of the company’s stock, valued at approximately $1,583,379,868.20. The trade was a 2.18% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 26.30% of the company’s stock.

Hedge Funds Weigh In On Carlyle Group

Several hedge funds have recently bought and sold shares of the company. AQR Capital Management LLC grew its holdings in Carlyle Group by 937.5% in the first quarter. AQR Capital Management LLC now owns 57,335 shares of the financial services provider’s stock valued at $2,499,000 after purchasing an additional 51,809 shares during the last quarter. Goldman Sachs Group Inc. lifted its stake in shares of Carlyle Group by 40.9% during the first quarter. Goldman Sachs Group Inc. now owns 1,144,974 shares of the financial services provider’s stock valued at $49,909,000 after buying an additional 332,533 shares during the period. Empowered Funds LLC lifted its stake in shares of Carlyle Group by 3.4% during the first quarter. Empowered Funds LLC now owns 48,237 shares of the financial services provider’s stock worth $2,103,000 after purchasing an additional 1,579 shares in the last quarter. Focus Partners Wealth lifted its position in shares of Carlyle Group by 27.4% during the first quarter. Focus Partners Wealth now owns 5,434 shares of the financial services provider’s stock worth $237,000 after purchasing an additional 1,169 shares in the last quarter. Finally, Geneos Wealth Management Inc. increased its holdings in Carlyle Group by 755.3% in the first quarter. Geneos Wealth Management Inc. now owns 650 shares of the financial services provider’s stock valued at $28,000 after buying an additional 574 shares during the last quarter. 55.88% of the stock is owned by hedge funds and other institutional investors.

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.