Carlyle Announces Fourth Quarter and Full Year 2022 Financial Results

Global investment firm The Carlyle Group Inc. today reported its unaudited results for the fourth quarter and full year ended December 31, 2022. The full detailed presentation of Carlyle’s fourth quarter and full year 2022 results can be viewed here.

Carlyle Co-founder and Interim Chief Executive Officer William Conway said, “Carlyle delivered strong financial performance for our stakeholders in 2022, despite the challenging market environment. With Harvey Schwartz as our new CEO, Carlyle is well-positioned to build on our strength and momentum to bolster the firm’s position, capture opportunities, and create value for our investors and shareholders.”

U.S. GAAP results for Q4 2022 and 2022 included income before provision for income taxes of $172 million and $1.6 billion, and net income attributable to The Carlyle Group Inc. common shareholders of $127 million and $1.2 billion, or net income per common share of $0.35 and $3.35, on a diluted basis. Total balance sheet assets were $21 billion as of December 31, 2022.

Dividend

The Board of Directors has declared a quarterly dividend of $0.325 per common share to holders of record at the close of business on February 22, 2023, payable on March 1, 2023. For full year 2022, the Board of Directors declared $1.30 in aggregate distributions to common shareholders.

Additionally, the Board of Directors approved an increase in the common stock dividend to an annual rate of $1.40 per share ($0.35 per common share on a quarterly basis), which is anticipated to commence for the first quarter 2023 dividend anticipated to be paid in May 2023.

About Carlyle

Carlyle (NASDAQ: CG) is a global investment firm with deep industry expertise that deploys private capital across three business segments: Global Private Equity, Global Credit and Global Investment Solutions. With $325 billion of assets under management as of March 31, 2022, Carlyle’s purpose is to invest wisely and create value on behalf of its investors, portfolio companies and the communities in which we live and invest. Carlyle employs nearly 1,900 people in 26 offices across five continents. Further information is available at www.carlyle.com. Follow Carlyle on Twitter @OneCarlyle.

Contact:

Daniel Harris – Public Market Investor Relations – daniel.harris@carlyle.com – (212) 813-4527

Source: The Carlyle Group, Inc.