The Carlyle Group Inc. (CG)
NASDAQ: CG · Real-Time Price · USD
46.82
-1.57 (-3.24%)
Sep 1, 2026, 1:55 PM EDT - Market open
The Carlyle Group Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Net Income | 363.9 | 808.7 | 1,020 | -608.4 | 1,225 | 2,975 |
Depreciation & Amortization, Total | 199.3 | 192.1 | 184.1 | 180.6 | 147.4 | 52 |
Gain (Loss) On Sale of Investments | 97.1 | -16.5 | -96.4 | -246.9 | -145.3 | -695.1 |
Stock-Based Compensation | 414.1 | 374.7 | 467.9 | 249.1 | 154 | 163.1 |
Change in Accounts Payable | 165.7 | 149.7 | 58.8 | -33.2 | -14.3 | 105.7 |
Change in Other Net Operating Assets | 5.1 | 455.6 | -193.8 | -146.6 | -615.3 | 305.7 |
Other Operating Activities | -5,090 | -5,194 | -2,292 | 1,164 | -1,062 | -1,683 |
Operating Cash Flow | -3,998 | -3,276 | -759.5 | 204.9 | -379.3 | 1,791 |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Capital Expenditures | -125.3 | -99.4 | -77.7 | -66.6 | -40.6 | -41.4 |
Cash Acquisitions | - | - | - | - | -150.2 | - |
Sale (Purchase) of Intangibles | - | - | - | - | -618.4 | - |
Investment in Securities | - | - | 0.1 | 23 | -19.6 | - |
Investing Cash Flow | -125.3 | -99.4 | -77.6 | -43.6 | -828.8 | -32.2 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Short-Term Debt Issued | - | - | 10.4 | - | - | 70 |
Long-Term Debt Issued | - | 4,897 | 1,826 | 712.6 | 697.4 | 778.7 |
Total Debt Issued | 4,825 | 4,897 | 1,836 | 712.6 | 697.4 | 848.7 |
Short-Term Debt Repaid | - | - | -10.4 | - | - | -70 |
Long-Term Debt Repaid | - | -56.5 | -120.5 | -17.2 | -16.7 | -492.4 |
Total Debt Repaid | -54 | -56.5 | -130.9 | -17.2 | -16.7 | -562.4 |
Net Debt Issued (Repaid) | 4,771 | 4,841 | 1,705 | 695.4 | 680.7 | 286.3 |
Issuance of Common Stock | - | - | - | - | 38.9 | 4.8 |
Repurchase of Common Stock | -915.3 | -686.5 | -554.6 | -203.5 | -185.6 | -161.8 |
Common Dividends Paid | -504.5 | -505.1 | -503 | -497.7 | -443.6 | -355.8 |
Dividends Paid | -504.5 | -505.1 | -503 | -497.7 | -443.6 | -355.8 |
Other Financing Activities | 741.3 | 341.1 | 35.2 | -93.8 | 24.4 | -16 |
Financing Cash Flow | 4,092 | 3,990 | 682.8 | -99.6 | 114.8 | -242.5 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Foreign Exchange Rate Adjustments | 11.8 | 91.6 | -21.3 | 18.9 | -20.3 | -30.8 |
Net Cash Flow | -18.9 | 707.1 | -175.6 | 80.6 | -1,114 | 1,486 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Free Cash Flow | -4,123 | -3,375 | -837.2 | 138.3 | -419.9 | 1,750 |
Free Cash Flow Growth | - | - | - | - | - | - |
Free Cash Flow Margin | -147.42% | -83.71% | -17.66% | 5.71% | -10.20% | 20.61% |
Free Cash Flow Per Share | -11.09 | -9.10 | -2.27 | 0.38 | -1.15 | 4.83 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 Interest Paid | 91.7 | 91.7 | 93.6 | 91.8 | 91.5 | 92.7 |
Cash Income Tax Paid | 153.1 | 153.1 | 218.8 | 250.1 | 402.1 | 402.6 |