NASDAQ$CG

The Carlyle Group Inc · Q4 2021 earnings

Q4 2021 earnings · · Investor relations

Briefing

Carlyle reported a record fourth quarter performance, capping off a record year.

Carlyle Group reported strong Q4 2021 results, with net income attributable to common shareholders of $648 million, or $1.77 per share. The company's total balance sheet assets were $21 billion as of December 31, 2021. The Board of Directors increased the common stock dividend to an annual rate of $1.30 per share.

  • Carlyle's fourth quarter performance capped a record year.
  • The company's performance illustrates the long term growth trajectory of its expanding and diversifying global platform.
  • Carlyle is delivering on its strategic plan and is positioned to deliver FRE growth and strong performance.
  • The Board of Directors approved an increase in the common stock dividend to an annual rate of $1.30 per share.

Headline financials

Total Revenue

$1.9B

Previous: $630M+200.9%
EPS (adj)

$2.01

Previous: $0.64+214.1%
Capital Expenditures

$14.4M

Previous: $23.9M-39.7%
Free Cash Flow

$474M

Previous: -$82.5M+674.8%
Net Income

$648M

Previous: $519M+24.9%
Gross Profit

$592M

Previous: $1.03B-42.8%
Cash & Equivalents

$2.47B

Previous: $988M+150.1%
Total Assets

$21B

Previous: $16B+31.3%
Stock-Based Comp

$41.1M

Previous: $26.7M+53.9%

Revenue & EPS history

Carlyle · Revenue · Quarterly

$1.9B

Q4 2021+200.9%vs Q4 2020
Beat estimate in 12 of 16 quarters(75%)
ActualEstimate

Forward guidance

Carlyle anticipates a dividend of $0.325 per common share on a quarterly basis, commencing for the first quarter 2022 dividend anticipated to be paid in May 2022.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2021

Historical avgQ4 2021

-1.6%

Avg return

Earnings day

-1.2%

Avg return

5 days after

-2.6%

Avg return

30 days after

39%

22 / 56 earnings

Positive

+12.0%

Q4 2023

Best reaction

-14.6%

Q1 2020

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-3.6%-3.5%-15.3%
Q4 2025+6.0%-3.4%-11.7%
Q3 2025-8.4%-8.0%-3.6%
Q1 2025+3.2%+15.1%+15.8%
Q4 2024+2.7%-4.9%-11.1%
Q3 2024-3.5%-3.6%-2.5%
Q2 2024-11.1%-10.6%-13.8%
Q1 2024-9.4%-6.3%-4.1%
Q4 2023+12.0%+11.3%+16.3%
Q3 2023+4.0%+4.3%+25.5%
Q2 2023-10.7%-7.1%-7.8%
Q1 2023-10.3%-12.5%-3.2%
Q4 2022-2.1%-4.6%-8.6%
Q3 2022-7.3%+7.5%+3.7%
Q2 2022+9.5%+6.1%-6.9%
Q1 2022-5.9%+0.1%+2.7%
Q4 2021-7.4%-8.1%-18.9%
Q3 2021+1.9%+0.4%-0.7%
Q2 2021+7.4%+1.9%+2.9%
Q1 2021+0.3%+1.4%+2.6%
Q4 2020+8.6%+10.6%+2.5%
Q3 2020-1.0%+0.7%+13.8%
Q2 2020-3.9%-5.8%-12.0%
Q1 2020-14.6%-10.7%+6.5%
Q4 2019-3.1%-0.3%-21.3%
Q3 2019+1.7%+1.7%+8.3%
Q2 2019-5.7%-8.9%-7.7%
Q1 2019-1.1%-1.0%-6.0%
Q4 2018-6.9%-9.2%-14.0%
Q3 2018+7.2%+3.4%-5.9%
Q2 2018-0.4%-1.6%-4.7%
Q1 2018+0.0%+4.6%+6.8%
Q4 2017-5.5%-3.3%-5.3%
Q3 2017-1.8%+0.2%-10.7%
Q2 2017+4.8%+5.6%+1.4%
Q1 2017+4.0%+2.0%+2.3%
Q4 2016-5.0%-5.8%-8.5%
Q3 2016+1.6%-1.6%+1.0%
Q2 2016-1.7%-1.1%-8.5%
Q1 2016-2.4%
Q4 2015+0.1%
Q3 2015-1.1%
Q2 2015+2.0%
Q1 2015+0.8%
Q4 2014+4.0%
Q3 2014-7.6%
Q2 2014-2.9%
Q1 2014-4.7%
Q4 2013+1.4%
Q3 2013+0.1%
Q2 2013-3.9%
Q1 2013-6.2%
Q4 2012-6.8%
Q3 2012+0.2%
Q2 2012-1.8%
Q1 2012-4.3%
Q4 2011
Q3 2011
Q2 2011
Q1 2011
Q4 2010
Q3 2010

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