Discounted Cash Flow

Carlyle Group Inc. LP

CG · Based on 10 years of SEC filings · Converted from GBP to USD

⚠ Cash flow predictability 31/100 (unstable) — FCF YoY std dev 98%, net income 77% (full history)

DCF estimate unavailable — loss_in_2023

Average annual growth rates

Metric 10-Year 5-Year 3-Year
Sales
Free Cash Flow
Average (FCF & NI)
Net Income
Dividends

Average annual growth is the mean year-over-year change across each period.

Endpoint CAGR (better for long term trend)

Metric 10-Year 5-Year 3-Year
Sales
Free Cash Flow
Average (FCF & NI)
Net Income

Endpoint CAGR is the compound annual rate from the first to last year in each period.

Projections use average year-over-year growth. Change this in Settings.

Projected growth rate

Free cash flow growth
10-year: — 5-year: — 3-year: —
Averaged growth (FCF & NI)
10-year: — 5-year: — 3-year: —
Net income growth
10-year: — 5-year: — 3-year: —
Sales growth (not added to calculations)
10-year: — 5-year: — 3-year: —

Click a greyed-out slider to switch metrics. Slide between the 10-year, 5-year, and 3-year historic growth rates for FCF, net income, or their average.

%
%

Historical inputs (10 fiscal years)

YEAR Sales Net Income Free Cash Flow Net Margin EPS (diluted)
2016 $3.1b $8.7m $-440.8m 0.3% $0.08
2017 $5.0b (61.6%) $330.0m (3714.1%) $-55.6m (87.4%) 6.6% (2259.6%) $2.58 (3125.0%)
2018 $3.3b (-34.0%) $157.5m (-52.3%) $-506.7m (-811.9%) 4.8% (-27.7%) $0.89 (-65.5%)
2019 $4.6b (39.1%) $515.0m (227.0%) $447.2m (188.3%) 11.3% (135.0%) $3.05 (242.7%)
2020 $4.0b (-13.1%) $470.8m (-8.6%) $-311.5m (-169.6%) 11.9% (5.2%) $0.99 (-67.5%)
2021 $11.9b (199.3%) $4.0b (754.3%) $2.4b (859.4%) 33.9% (185.5%) $8.37 (745.5%)
2022 $6.0b (-49.5%) $1.7b (-58.8%) $-567.7m (-124.0%) 27.6% (-18.5%) $3.39 (-59.5%)
2023 $4.0b (-33.2%) $-822.6m (-149.7%) $187.0m (132.9%) -20.5% (-174.4%) $-1.68 (-149.6%)
2024 $7.3b (83.1%) $1.4b (267.7%) $-1.1b (-705.4%) 18.8% (191.6%) $2.85 (269.6%)
2025 $6.5b (-11.9%) $1.1b (-20.7%) $-4.6b (-303.1%) 16.9% (-10.0%) $2.25 (-21.1%)

Base FCF: (latest fiscal year)

Discount rate: %

Terminal growth:

Projection period: years

Alt A decline yrs:

Alt B total yrs:

SEC filings report in GBP. Values above are converted to USD for comparison with the US-listed share price.

Values abbreviated: b = billions, m = millions, k = thousands.

Projected cash flows

Year Projected cash flow Discount Factor Present Value

PV of projected FCF:

Terminal FCF:

Terminal value:

PV of terminal value:

Enterprise value (DCF):

DCF price per share:

Current price:

Alternative DCF Models

Model Fair Value Upside PV(FCFs) PV(Terminal) Total Years
Standard (10yr→TV) 10 + TV
Alt A (Gradual Decline)
Alt B (30yr Hard Stop) N/A

This is a simplified DCF model for illustration. It uses reported free cash flow, a single growth assumption, fixed WACC, and a Gordon Growth terminal value. It is not investment advice.

+ 10YR Financials Balance Sheet (10YR) Cash Flow (10YR) DCF Model

loss_in_2023

Once the company meets all DCF eligibility criteria (sufficient history, profitability, growth trends), an estimate will become available automatically. No action is needed.