Carlyle Group Q1 Earnings Call Highlights

2 weeks ago 11

MarketBeat

Thu, May 7, 2026 astatine 12:42 PM CDT 7 min read

Carlyle Group logo

The 2026 Cannabis Wildcard: How Tax Reform Could Reset Stock Valuations

Carlyle Group (NASDAQ:CG) reported first-quarter 2026 results that absorption described arsenic a “strong quarter,” highlighting grounds U.S. buyout realizations, $13 cardinal of inflows, and fee-related net (FRE) of $300 cardinal astatine a 47% margin.

Quarterly results and cardinal fiscal metrics

Chief Financial Officer Justin Plouffe said Carlyle generated distributable net (DE) of $327 million, oregon $0.89 per share, successful the archetypal quarter. FRE totaled $300 million, up from $290 cardinal successful the 4th quarter. Fund absorption fees were $545 million, up 4% year-over-year, which Plouffe attributed to “continued maturation successful Carlyle AlpInvest and planetary credit.”

→ Berkshire Hathaway’s Record Cash Hoard: Why and What's Next?

Analysts Are Bullish connected These 3 Laser Tech Companies

Fee-related show revenues were $45 million, which Plouffe said were 15% higher year-over-year, driven by maturation successful Carlyle’s evergreen wealthiness strategies. He said evergreen wealthiness AUM present stands astatine $19 billion, “4x the level from conscionable 3 years ago.” Transaction fees were $54 million, and Plouffe said the steadfast expects them to summation successful the 2nd 4th owed to respective transactions that person signed oregon closed.

Realizations, deployment, and enactment levels

CEO Harvey Schwartz pointed to much than $12 cardinal of realizations successful the quarter, saying Carlyle continues to instrumentality superior to investors “at a faster gait than the industry.” Schwartz said the steadfast returned a grounds magnitude of superior to U.S. buyout money investors, much than 40% higher than the anterior grounds acceptable successful 2021.

→ A Prada Payday: Is AMC Back successful Style?

Constellation Brands: A Fallen Star oregon a Hidden Value Play?

Plouffe said the steadfast generated $12 cardinal of realized proceeds, calling it Carlyle’s “third-best 4th ever.” However, nett realized show gross (NRPR) was $21 cardinal and little year-over-year. Plouffe said this was owed to the “composition” of exits, noting that galore first-quarter exits were successful funds not yet realizing carry, “notably CP VII and CP VIII.”

Schwartz said deployment was $10 cardinal successful the quarter. He besides cited 2 ample announced transactions expected to adjacent successful the coming months: an $8 cardinal carve-out of the coatings concern from BASF and a $3 cardinal acquisition of MAI Capital Management. Schwartz added that the steadfast invested $4 cardinal successful backstage recognition and astir $4 cardinal crossed strategies successful Carlyle AlpInvest, and said these transactions “should besides lend to a pickup successful transaction interest gross successful the coming quarters.”

Read Entire Article