10x Insights
Loading account…
Companies / Financials / Carlyle Group Inc.
CG

Carlyle Group Inc.

FinancialsBanks & Brokers
Ticker CGWASHINGTON, DCFiscal year ends DecemberBook value per share $14.24Diluted shares 368.1M

Carlyle Group Inc., trading as CG on the NASDAQ, operates as one of the world's largest global investment firms managing $477 billion in assets under management as of December 31, 2025. Founded in Washington, D.C. in 1987, the company deploys private capital across three primary business segments: Global Private… From the company’s description.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$4.78BFY2025
−11.9% year over year
Last 12 mo $3.61B
0.00%FY2025
$944.70MFY2025
−13.4% year over year
Last 12 mo $540.90M
14.04%FY2025
−4.2 percentage points
Last 12 mo 6.94%
Cash & financing
$-3.28BFY2025
−331.3% year over year
Last 12 mo $-4.00B
$-3.37BFY2025
−303.1% year over year
Last 12 mo $-4.12B
2.33FY2025
Was 1.61× a year earlier
Last 12 mo 2.63
370.9MFY2025
+0.8% year over year
Last 12 mo 368.1M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Carlyle Group Inc. does

In the company’s own words

Carlyle Group Inc., trading as CG on the NASDAQ, operates as one of the world's largest global investment firms managing $477 billion in assets under management as of December 31, 2025. Founded in Washington, D.C. in 1987, the company deploys private capital across three primary business segments: Global Private Equity, Global Credit, and Carlyle AlpInvest. The firm maintains a workforce of more than 2,500 employees, including 770 investment professionals operating from 27 offices across four continents, serving more than 3,200 active carry fund investors from 87 countries.

The Global Private Equity segment, representing 34 percent of total AUM at $164 billion, advises buyout, growth, real estate, infrastructure, and natural resources funds with investments in more than 275 active portfolio companies employing over 700,000 people worldwide. The Global Credit segment, comprising 44 percent of AUM at $211.3 billion, has emerged as the firm's fastest-growing division, offering investment strategies across liquid credit, opportunistic credit, direct lending, asset-backed finance, aviation finance, infrastructure credit, and cross-platform credit products. This segment also encompasses insurance solutions, including strategic advisory services related to Fortitude, and global capital markets operations. The Carlyle AlpInvest segment, accounting for 21 percent of AUM at $102 billion, provides comprehensive investment opportunities through fund of funds, secondary purchases, portfolio financings, and managed co-investment programs.

The company's business model centers on generating recurring management fees from assets under management and performance-based carried interest from investment fund returns. Carlyle's competitive advantages include its global network of local investment teams with deep industry expertise, disciplined investment processes emphasizing value creation, and integrated platform capabilities spanning multiple asset classes and geographies. The firm's investment approach emphasizes consistent deal sourcing, fundamental due diligence, proactive portfolio management, and systematic value creation through operational improvements and strategic positioning. More information is available at www.carlyle.com.

Company details
Sector
Financials
Industry (SIC)
Banks & Brokers
Headquarters
WASHINGTON, DC
Fiscal year end
December
CIK
1527166
SIC
6282

Financial performance, year by year

Fiscal 2013–2025 · USD
$-1.42B$1.36B$4.14B$6.93B$9.71B2013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Carlyle Group Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

397
funds hold it
2 of 35
superinvestors hold it
$4.71B
held by funds, at market
29.4%
of shares held by funds
1
bond issues held by funds

Superinvestors in Carlyle Group Inc. · what they did last quarter

Bill NygrenINCREASED +6.5%
Harris Associates (Oakmark)
1.0%of 13F portfolio
Tom GaynerUNCHANGED
Markel Group (Markel-Gayner)
0.4%of 13F portfolio

Share of each manager’s reported 13F portfolio. Change is in shares held, since the previous quarter.

Largest fund holders · Carlyle Group Inc.’s weight in each

—of fund net assets
iShares Core S&P Mid-Cap ETF
IJH · iShares Trust
0.30%of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.01%of fund net assets
Oakmark Fund
OAKMX · HARRIS ASSOCIATES INVESTMENT TRUST
1.26%of fund net assets
—of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Carlyle Group Inc.’s bonds, as funds hold them

Funds report holding 1 issues of Carlyle Group Inc.’s debt, $168.32M at market value — what funds hold, not the company’s total debt. Weighted-average coupon 5.05%, maturing 2035 to 2035.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Fund ownership is a subset of institutional 13F ownership — the two describe overlapping populations and must not be added together.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

Compare this company with peers, find it in your funds and follow its financial history with your connected AI:

  • “How do Carlyle Group Inc. and its peers compare on margins and cash generation over ten years?”
  • “Where did five years of Carlyle Group Inc.'s earnings go — cash, debt, buybacks, reinvestment?”
  • “What changed in Carlyle Group Inc.'s last four quarterly filings that the numbers alone won't show?”
See how it works →All research tools with a subscription. Use your own AI account.