Carlyle Q2 profit swings to $148 million, or $0.40 a share, from a year-earlier loss
Carlyle reported second-quarter 2024 results that show a sharp year-over-year improvement. Net income attributable to common stockholders was $148 million, or $0.40 per diluted share, compared with a loss of $98 million in the second quarter of 2023. The company also declared a quarterly dividend of $0.35 per share, payable August 26, 2024, to holders of record on August 16, 2024.
Key points
- Total revenues were $1,069.7 million in Q2 2024, up from $462.1 million in Q2 2023.
- Fee Related Earnings were $273 million, up 32% from $207 million, with an FRE margin of 46%.
- Distributable Earnings were $343 million, or $0.78 per common share after tax, versus $389 million in Q2 2023.
- Carlyle repurchased or withheld 4.1 million shares for $178 million in Q2 2024, leaving $1.1 billion of repurchase capacity.
The filing
Written by AI on Nov 8, 2026, 1:12 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 05, 2024.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.