The Carlyle Group Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	3,205	2,096	1,786	1,570	2,617
Trading Asset Securities	-	-	-	20	-
Accounts Receivable	7,620	7,395	6,482	7,365	8,487
Other Receivables	1,041	283.3	185.2	143.4	164.1
Property, Plant & Equipment	556.8	526.7	493.7	476.9	505
Goodwill	-	103.6	104	103.9	13.3
Other Intangible Assets	507.1	530.5	662.1	793.9	21.6
Investments in Debt & Equity Securities	16,052	8,373	8,014	7,623	7,231
Restricted Cash	-	0.5	1.8	0.8	5.6
Other Current Assets	-	417.8	335.2	290.7	-
Long-Term Deferred Tax Assets	32.2	27.6	16.5	15.8	14.5
Other Long-Term Assets	100.9	3,349	3,095	3,000	2,190
Total Assets	29,116	23,104	21,176	21,403	21,250
Accounts Payable	543.7	305.6	244.6	290.2	256
Accrued Expenses	5,849	5,440	4,909	4,235	4,921
Current Portion of Leases	-	70.7	-	-	-
Other Current Liabilities	-	-	-	76.5	6.3
Long-Term Debt	13,423	9,008	8,768	8,177	7,962
Long-Term Leases	470.2	417.9	488.1	502.9	537.8
Long-Term Unearned Revenue	129.2	138.7	140.3	126.4	120.8
Long-Term Deferred Tax Liabilities	106.3	137	45.3	402.7	487.1
Other Long-Term Liabilities	1,537	1,186	736.6	722	1,133
Total Liabilities	22,059	16,756	15,392	14,582	15,544
Common Stock	7,057	3.6	3.6	3.6	3.6
Additional Paid-In Capital	-	3,892	3,403	3,139	2,718
Retained Earnings	-	2,041	2,082	3,401	2,805
Comprehensive Income & Other	-	-329.8	-297.3	-322.2	-247.5
Total Common Equity	7,057	5,607	5,191	6,221	5,279
Minority Interest	-	740.7	593.1	600.3	427.2
Shareholders' Equity	7,057	6,348	5,785	6,821	5,706
Total Liabilities & Equity	29,116	23,104	21,176	21,403	21,250
Total Debt	13,893	9,496	9,256	8,680	8,499
Net Cash (Debt)	-10,688	-7,400	-7,469	-7,090	-5,882
Net Cash Per Share	-28.82	-20.11	-20.67	-19.39	-16.22
Filing Date Shares Outstanding	357.4	361.2	362.11	364.22	356.32
Total Common Shares Outstanding	357.4	357.18	361.33	362.3	355.37
Working Capital	5,474	4,331	3,590	4,748	5,997
Book Value Per Share	19.75	15.70	14.37	17.17	14.86
Tangible Book Value	6,550	4,973	4,425	5,323	5,244
Tangible Book Value Per Share	18.33	13.92	12.25	14.69	14.76

Source: S&P Global Market Intelligence. Capital Markets template. Financial Sources.