The Carlyle Group Global Segments — Distributable Earnings decreased by 25.1% to $327.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 28.2%, from $455.40M to $327.00M. Over 2 years (FY 2023 to FY 2025), Global Segments — Distributable Earnings shows an upward trend with a 8.7% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
An increase signals strong cash flow generation and potential for higher dividends, while a decrease may signal lower realization activity or weaker fee performance.
This is a key non-GAAP performance measure representing the cash earnings available to be distributed to shareholders as...
Standard metric for alternative asset managers (e.g., Blackstone, KKR) to communicate dividend capacity.
cg_segment_global_segments_distributable_earnings| Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $644.40M | $433.00M | $271.60M | $388.80M | $367.40M | $402.70M | $431.30M | $343.20M | $367.10M | $383.90M | $455.40M | $431.00M | $368.40M | $436.40M | $327.00M |
| QoQ Change | — | -32.8% | -37.3% | +43.2% | -5.5% | +9.6% | +7.1% | -20.4% | +7.0% | +4.6% | +18.6% | -5.4% | -14.5% | +18.5% | -25.1% |
| YoY Change | — | — | — | — | -43.0% | -7.0% | +58.8% | -11.7% | -0.1% | -4.7% | +5.6% | +25.6% | +0.4% | +13.7% | -28.2% |