Carlyle Group LP's stock surged 10.49% at the opening bell on Friday, driven by the private equity firm's better-than-expected fourth-quarter financial results.
The company reported distributable earnings of $1.01 per share on a post-tax basis, exceeding the FactSet consensus estimate of $1.00 per share. Total segment revenue reached $1.09 billion, also beating analyst expectations, while overall revenue jumped significantly to $1.9 billion. CEO Harvey Schwartz described 2025 as a record year for Carlyle, highlighting strong performance across its private equity, credit, and secondary businesses.
Carlyle's assets under management grew 8% to $477 billion, with $9.2 billion in quarterly inflows, demonstrating continued investor confidence. The firm also declared a quarterly dividend of $0.35 per common share, adding to the positive sentiment surrounding the earnings release.