Carlyle Group (CG) FY2021 results: revenue $8.8 billion, up 199.3% on the year
Carlyle Group Inc. (CG) reported revenue of $8.8 billion for fiscal 2021, the year ended 31 December 2021, up 199.3% on the year before. Net income was $3.0 billion, up 754.3%, and diluted earnings per share $8.20. The figures are the company's own, from the 10-K it filed with the SEC on 10 February 2022.
Revenue
$8.8 billion
+199.3% on the year
FY2014FY2021
Operating margin
45.8%
20.5% a year earlier
FY2014FY2021
Net income
$3.0 billion
+754.3% on the year
FY2014FY2021
Diluted EPS
$8.20
+745.4% on the year
FY2014FY2021
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Operating cash flow
1,791
-169
359
Capital expenditure
41.4
61.2
27.8
-32.4%
Free cash flow
1,750
-230
331
Free cash flow margin
19.9%
-7.9%
9.8%
Cash from investing
-32.2
-61.2
-27.8
Cash from financing
-242
370
-149
Depreciation and amortisation
52.0
52.1
65.6
-0.2%
Share-based compensation
163
105
140
+55.3%
Buybacks
162
26.4
34.5
+512.9%
Dividends paid
356
351
155
+1.3%
Diluted shares, weighted
363m
358m
123m
+1.2%
Shares outstanding at period end
355m
354m
118m
+0.5%
Balance sheet
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Shareholders' equity
5,706
2,930
2,970
+94.7%
Debt
2,072
1,971
1,976
+5.1%
Other liabilities
13,473
10,744
8,863
+25.4%
Total liabilities and equity
21,250
15,645
13,809
+35.8%
Fixed assets
144
149
108
-3.6%
Goodwill
13.3
16.8
16.1
-20.8%
Intangible assets
21.6
31.9
46.2
-32.3%
Cash and equivalents
2,470
988
793
+150.1%
Other assets
18,602
14,459
12,845
+28.7%
Total assets
21,250
15,645
13,809
+35.8%
10-K for the year ended 31 December 2021, filed 10 February 2022: the filing.