Carlyle Group annual operating margin
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2025
Carlyle Group Operating Margin Growth & History (CG)
Carlyle Group's operating margin was 21.79% for fiscal 2025.
View full Carlyle Group company overviewCarlyle Group annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 21.79% | −3.46 pp |
| 2024 | 2024-12-31 | 25.24% | +45.75 pp |
| 2023 | 2023-12-31 | −20.51% | −56.87 pp |
| 2022 | 2022-12-31 | 36.36% | −9.47 pp |
| 2021 | 2021-12-31 | 45.83% | +25.34 pp |
| 2020 | 2020-12-31 | 20.49% | −16.74 pp |
| 2019 | 2019-12-31 | 37.23% | +22.58 pp |
| 2018 | 2018-12-31 | 14.65% | −13.74 pp |
| 2017 | 2017-12-31 | 28.40% | +26.98 pp |
| 2016 | 2016-12-31 | 1.42% | +16.79 pp |
| 2015 | 2015-12-31 | −15.37% | −18.08 pp |
| 2014 | 2014-12-31 | 2.70% | −14.12 pp |
| 2013 | 2013-12-31 | 16.83% | −6.11 pp |
| 2012 | 2012-12-31 | 22.94% | −29.72 pp |
| 2011 | 2011-12-31 | 52.66% | −8.98 pp |
| 2010 | 2010-12-31 | 61.63% | — |
Carlyle Group quarterly operating margin
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Q2.26
| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 22.04% | −3.00 pp |
| Q1 2026 | 2026-03-31 | −45.12% | −62.06 pp |
| Q4 2025 | 2025-12-31 | 27.35% | +4.90 pp |
| Q3 2025 | 2025-09-30 | −11.24% | −41.08 pp |
| Q2 2025 | 2025-06-30 | 25.04% | +4.11 pp |
| Q1 2025 | 2025-03-31 | 16.95% | −1.60 pp |
| Q4 2024 | 2024-12-31 | 22.45% | +113.11 pp |
| Q3 2024 | 2024-09-30 | 29.84% | +7.30 pp |
| Q2 2024 | 2024-06-30 | 20.93% | +39.46 pp |
| Q1 2024 | 2024-03-31 | 18.55% | +0.39 pp |
| Q4 2023 | 2023-12-31 | −90.66% | −113.18 pp |
| Q3 2023 | 2023-09-30 | 22.54% | −13.19 pp |
| Q2 2023 | 2023-06-30 | −18.52% | −49.33 pp |
| Q1 2023 | 2023-03-31 | 18.16% | −28.62 pp |
| Q4 2022 | 2022-12-31 | 22.52% | −23.32 pp |
| Q3 2022 | 2022-09-30 | 35.73% | −7.05 pp |
| Q2 2022 | 2022-06-30 | 30.81% | −15.57 pp |
| Q1 2022 | 2022-03-31 | 46.78% | −0.49 pp |
| Q4 2021 | 2021-12-31 | 45.84% | +0.98 pp |
| Q3 2021 | 2021-09-30 | 42.78% | +4.97 pp |
| Q2 2021 | 2021-06-30 | 46.38% | +28.13 pp |
| Q1 2021 | 2021-03-31 | 47.27% | — |
| Q4 2020 | 2020-12-31 | 44.86% | +49.92 pp |
| Q3 2020 | 2020-09-30 | 37.81% | +3.55 pp |
| Q2 2020 | 2020-06-30 | 18.26% | −31.95 pp |
| Q4 2019 | 2019-12-31 | −5.06% | +41.87 pp |
| Q3 2019 | 2019-09-30 | 34.26% | +24.91 pp |
| Q2 2019 | 2019-06-30 | 50.21% | +23.37 pp |
| Q1 2019 | 2019-03-31 | 44.57% | +27.00 pp |
| Q4 2018 | 2018-12-31 | −46.93% | −84.94 pp |
| Q3 2018 | 2018-09-30 | 9.35% | −13.67 pp |
| Q2 2018 | 2018-06-30 | 26.85% | +4.50 pp |
| Q1 2018 | 2018-03-31 | 17.57% | −10.16 pp |
| Q4 2017 | 2017-12-31 | 38.00% | +37.67 pp |
| Q3 2017 | 2017-09-30 | 23.02% | +31.99 pp |
| Q2 2017 | 2017-06-30 | 22.35% | +12.30 pp |
| Q1 2017 | 2017-03-31 | 27.73% | +22.82 pp |
| Q4 2016 | 2016-12-31 | 0.33% | +12.44 pp |
| Q3 2016 | 2016-09-30 | −8.97% | +158.35 pp |
| Q2 2016 | 2016-06-30 | 10.05% | +8.59 pp |
| Q1 2016 | 2016-03-31 | 4.91% | −4.75 pp |
| Q4 2015 | 2015-12-31 | −12.11% | −1.43 pp |
| Q3 2015 | 2015-09-30 | −167.33% | −173.94 pp |
| Q2 2015 | 2015-06-30 | 1.46% | −6.99 pp |
| Q1 2015 | 2015-03-31 | 9.66% | +5.44 pp |
| Q4 2014 | 2014-12-31 | −10.68% | −37.39 pp |
| Q3 2014 | 2014-09-30 | 6.61% | −1.66 pp |
| Q2 2014 | 2014-06-30 | 8.45% | +9.06 pp |
| Q1 2014 | 2014-03-31 | 4.22% | −16.82 pp |
| Q4 2013 | 2013-12-31 | 26.71% | +14.12 pp |
| Q3 2013 | 2013-09-30 | 8.26% | −9.63 pp |
| Q2 2013 | 2013-06-30 | −0.61% | +80.11 pp |
| Q1 2013 | 2013-03-31 | 21.04% | −36.00 pp |
| Q4 2012 | 2012-12-31 | 12.59% | −36.65 pp |
| Q3 2012 | 2012-09-30 | 17.89% | — |
| Q2 2012 | 2012-06-30 | −80.72% | −134.96 pp |
| Q1 2012 · Mar 31 | 2012-03-31 | 57.04% | −15.57 pp |
| Q4 2011 | 2011-12-31 | 49.24% | — |
| Q2 2011 | 2011-06-30 | 54.25% | — |
| Q1 2011 | 2011-03-31 | 72.62% | — |
Carlyle Group operating margin trends
Over the last five fiscal years, Carlyle Group's operating margin increased from 20.49% to 21.79%, a change of +1.30 percentage points. The latest reported quarter, Q2 2026, shows 22.04%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Carlyle Group source filings ↗