Carlyle profit margin CG
Gross, operating and net profit as a share of revenue over the last twelve months, from 2012.
- Net margin, 12 months
- 10.1%
- Net margin on a year earlier
- −10.1 pts
- Peer median
- 15.9%
Over the twelve months to Jun 30, 2026, Carlyle kept 10.1% of its revenue as net profit.
Five years earlier its net margin was 33.9%.
The median for 10 asset managers of a similar size is 15.9%.
Profit margin over time
OperatingNet
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin |
|---|---|---|
| FY2025 | 16.9% | n/a |
| FY2024 | 18.8% | n/a |
| FY2023 | −20.5% | n/a |
| FY2022 | 27.6% | n/a |
| FY2021 | 33.9% | 49.2% |
| FY2020 | 11.9% | 29.0% |
| FY2019 | 11.3% | 43.2% |
| FY2018 | 4.8% | 24.9% |
| FY2017 | 6.6% | 39.1% |
| FY2016 | 0.3% | 18.4% |
| FY2015 | −0.6% | 25.7% |
| FY2014 | 2.2% | 34.7% |
| FY2013 | 2.3% | 38.3% |
| FY2012 | 21.8% | 49.5% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year |
|---|---|---|---|
| Q2 FY26 | 10.1% | −10.1 pts | |
| Q1 FY26 | 13.5% | −5.5 pts | |
| Q4 FY25 | 16.9% | −1.9 pts | |
| Q3 FY25 | 16.9% | +14.7 pts | |
| Q2 FY25 | 20.2% | +31.9 pts | |
| Q1 FY25 | 19.0% | +42.0 pts | |
| Q4 FY24 | 18.8% | +39.3 pts | |
| Q3 FY24 | 2.2% | −5.4 pts | |
| Q2 FY24 | −11.7% | −24.8 pts | |
| Q1 FY24 | −23.0% | −43.3 pts | |
| Q4 FY23 | −20.5% | −48.1 pts | |
| Q3 FY23 | 7.6% | −22.9 pts |
Against its peers
Companies in Asset Management nearest Carlyle's size, closest first, today.
| Company | Profit margin |
|---|---|
| CGCarlyle | 10.1% |
| OWLBlue OWL Capital | 2.7% |
| BENFranklin Resources | 8.7% |
| TPGTPG | 4.7% |
| AMGAffiliated Managers | 37.7% |
| EVREvercore | 15.7% |
| HLIHoulihan Lokey | 16.1% |
| TROWT. Rowe Price | 29.3% |
| IDCCInterDigital | 38.3% |
| MORNMorningstar | 16.4% |
| PFGPrincipal Financial | 9.9% |
| Peer median | 15.9% |
Where Carlyle ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Carlyle
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.