Carlyle's Q4 Earnings: A Strong Finish to 2024

Carlyle Group Inc. (NASDAQ: CG) wrapped up 2024 with a bang, reporting impressive fourth-quarter and full-year results that showcased the company's ability to generate value for its investors. As the global investment firm looks ahead to 2025, it's clear that Carlyle is well-positioned to maintain its momentum and drive long-term shareholder value.

Carlyle's Q4 earnings snapshot reveals a strong performance across various metrics, with income before provision for income taxes of $265 million for the quarter and $1.4 billion for the full year. The company's margin on income before provision for income taxes stood at a robust 25.7% for both periods. These impressive results reflect Carlyle's ability to execute its investment strategies and capitalize on market opportunities.

One of the key drivers behind Carlyle's strong performance was its record Fee Related Earnings (FRE) and FRE margin. The company achieved record FRE and FRE margin in 2024, which contributed significantly to its overall earnings growth. Carlyle's ability to generate robust inflows also played a crucial role in its strong performance, as the company's assets under management (AUM) reached $441 billion as of December 31, 2024.