Carlisle Companies, Inc.

Building Products & Equipment

CSLStrong10 of 11 basics passed

$320.36

-0.28%

Market cap $12.7B

$320.36

-0.28%

Market cap $12.7B

Carlisle Companies Inc is a holding company that manufactures and sells single-ply roofing products and warranted systems and accessories for the commercial building industry. It operates through two segments: Carlisle Construction Materials and Carlisle Weatherproofing Technologies.

It is a $12.7B industrial company. Revenue grew 1.9% over the last year, it keeps 14¢ of every dollar of sales as profit, and its net debt equals ~2.0 years of free cash flow. It trades at 17.6× earnings — around the middle of its own history.

Website: carlisle.com
Location: Scottsdale, AZ
Employees: 5 900
Sector: Industrials

Share price · 3 years

$263.37 → $320.36+21.6%

price only — dividends excluded

Key facts · TTM

Revenue: total sales; $5.10B
Profit: keeps 14¢ of every $1 sold; $725M
Free cash flow: cash left after running the business; $867M
Net debt: debt minus cash on hand; $1.77B
P/E: years of profit in the price; 17.6
EPS: earnings per share, TTM; $16.77
Dividend: pays out 25% of profit · 21% of FCF; 1.44%
Shares: down 32% since 2017 — buybacks; 43.2M
Volatility: beta vs the market — under 1 swings less; 0.81

Revenue, last 10 years

52-week range

Low $295.41$320.36High $418.74

Today's price is 20% of the way from the year's low to its high.

P/E vs its history5y

17.6×median 18.8×

Higher than 36% of past days — around the middle of its own history.

Valuation vs own history

P/E

17.6×

63%

P/S

2.5×

75%

EV/EBITDA

14.6×

90%

P/B

7.9×

21%

FCF yield

6.8%

83%

Share of the last ~5 years that was pricier than today (cheaper than usual). Based on the daily valuation record.

Standing in Industrials

Size$12.7Btop 69%
Revenue growth-9%top 97%
Net margin14%top 26%
Return on equity41%top 11%
P/E17.6×top 22%
Dividend yield1.44%top 38%

Ranked against 130 Industrials companies with a full CV — for P/E, lower ranks higher.

Skills

Six independent scores, 0–100, built from reported numbers and valuation history. Click a row to see how it was scored.

Strong valuation, health and quality.

Valuation80

P/E vs own history36th pct · 20/25
FCF yield6.8% · 20/25
P/S2.5x · 20/25
EV/EBITDA13.7x · 20/25

Growth71

Revenue CAGR1.1% · 6/25
Net income CAGR15.1% · 20/25
EPS CAGR ~5Y24.1% · 25/25
Fwd implied growth24.1% · 20/25

Profitability65

ROICn/a · 0/25
ROE41.1% · 25/25
Net margin14.2% · 20/25
Operating margin19.9% · 20/25

Health87

Altman Z4.38 · 25/25
Current ratio2.60 · 25/25
Interest coverage19.0x · 25/25
Net cash / debtD/A 28% · 12/25

Quality90

Piotroski F5/9 · 15/25
Beneish M-2.73 · 25/25
FCF conversion120% · 25/25
Margin stabilityσ 4.7% · 25/25

Moat62

ROIC >12% years6/10 yrs · 13/25
Median gross margin30.0% · 6/25
FCF-positive years10/10 yrs · 25/25
Worst-year net marginworst 6.8% · 18/25

How the scores work →

Experience

The company's career so far — founding, the IPO, landmark products and acquisitions, plus revenue milestones and insider buying.

FY2024Financial
Best year on record
$1.31B net income
FY2016Financial
Profitable every year on record
10 consecutive profitable years in our data
FY2016Financial
Revenue already above $1B
$3.68B in first reported year
FY2016Financial
Positive free cash flow every year since
10-year streak

Achievements

Verifiable track record, straight from the reported numbers.

$10 000 invested in 2021 would be worth ~$15 634 today — price return only

$5.0B revenue in FY2025

Profitable 10 years in a row

Positive free cash flow 10 years in a row

5 900 employees

Strengths & watch-outs

What a bull and a bear would each point to. Both lists come from the reported numbers, not opinions.

Strengths

Strong cash conversion — FCF is 17.0% of revenue
Interest covered 19.0× by operating earnings
Altman Z-Score 4.38 — low bankruptcy-risk zone

Watch-outs

Nothing stands out as a concern in the available data.

Qualifications

The basics a company should meet before you research it further. Each check uses the reported numbers.

10 of 11 checks passed

Revenue growing — the company sells more than a year ago+1.9% YoY
Profitable — makes more than it spends$725M TTM
Profit growing — earnings are higher than last year-0.9% YoY
Generates cash — cash left after running and investing$867M TTM
Debt under control — could handle its obligations~2.0y of cash flow to repay
Established company — not a micro-cap — lower blow-up risk$12.7B market cap
Not printing shares — share count not ballooning — you keep your slice-21.5% shares over ~5y
Proven track record — years of profitability behind it10/10 profitable years
Financially stable — balance sheet not near distressAltman Z 4.4 — safe
Pays a dividend — returns cash to shareholdersyield 1.44%
Valuation not extreme — price not wildly above earningsP/E 17.6

Peer comparisonCarlisle Companies, Inc. vs 6 largest industrials peers — cap, P/E, growth and margin side by sideOpen ▾

Company	Market cap	P/E	Revenue growth	Net margin	Profile
CSL this company	$12.7B	17.6	+1.9%	14.2%	Strong
LRCX Lam Research Corp	$399.2B	54.9	+26.0%	31.3%	Strong
CAT Caterpillar Inc.	$368.0B	33.9	+18.4%	14.5%	Solid
RTX RTX Corporation	$251.3B	32.4	+11.8%	8.3%	Strained
DE Deere & Company	$167.7B	34.4	+8.3%	10.2%	Solid
ETN Eaton Corporation, plc	$167.2B	43.6	+15.5%	12.8%	Mixed
UNP Union Pacific Corp.	$166.8B	22.6	+4.2%	28.8%	Strained

Head-to-head: CSL vs LRCX · CSL vs CAT · CSL vs RTX

References

What covering analysts publish about the company — information only, not a recommendation.

Strong buy 3Buy 7Hold 7

Appendix · Financial records

The full statements behind this CV, FY2016–FY2025. For readers who want to check the numbers.

Profit & lossRevenue $5.10B · net income $725M (TTM)Open ▾

Profit & loss

Revenue and profit over the company's career — the income statement, visualised.

How FY2025 revenue flows to profit

RevenueNet income

Revenue (TTM)

$5.10B

YoY 1.9%

Net income (TTM)

$725M

Margin 14.2%

Gross margin

35.3%

Operating margin

19.9%

P/E ratio

17.6

Dividend yield

1.44%

Income statement — full detail

Figures in USD billions · EPS in USD

	2020	2021	2022	2023	2024	2025
Revenue	4.2	4.8	6.6	4.6	5.0	5.0
Gross profit	1.2	1.3	2.2	1.6	1.9	1.8
Operating income (EBIT)	0.5	0.6	1.3	1.0	1.1	1.0
Net income	0.3	0.4	0.9	0.8	1.3	0.7
EPS (diluted)	5.82	7.93	17.60	15.23	27.85	17.15

Cash flowFree cash flow $867M · operating cash flow $1.01B (TTM)Open ▾

Cash flow statement

Cash generated by the business and what is left after investment — year by year.

Operating cash flowFree cash flow

Free cash flow (TTM)

$867M

Margin 17.0%

Operating cash flow (TTM)

$1.01B

FCF margin

17.0%

Cash flow statement — full detail

Figures in USD billions

	2020	2021	2022	2023	2024	2025
Operating cash flow	0.7	0.4	1.0	1.2	1.0	1.1
Capital expenditure	-0.1	-0.1	-0.2	-0.1	-0.1	-0.1
Free cash flow	0.6	0.3	0.8	1.1	0.9	1.0
FCF margin	14.2%	6.0%	12.4%	23.1%	18.3%	19.3%

Balance sheetAssets $6.26B · net debt $1.77B (FY2025)Open ▾

Balance sheet

How the balance sheet is built — what it owns versus how it is financed.

Cash vs debt

Total debt $2.88B − cash $1.11B = net debt $1.77B

Cash on hand covers 39% of debt.

Altman Z-Score

4.38

Safe zone

Debt repayment

2.6 yrs

Years of free cash flow to clear net debt

Interest coverage

19.0x

EBIT ÷ interest expense

ROE

41.1%

Profit per $1 of equity

Balance sheet — full detail

Figures in USD billions

	2020	2021	2022	2023	2024	2025
Cash & equivalents	0.9	0.3	0.4	0.6	0.8	1.1
Total assets	5.9	7.2	7.2	6.6	5.8	6.3
Total liabilities	3.3	4.6	4.2	3.8	3.4	—
Total debt	2.1	2.6	2.3	1.9	1.9	2.9
Equity	2.5	2.6	3.0	2.8	2.5	—
Net debt	1.2	2.3	1.9	1.3	1.1	1.8

Want the live picture — intraday moves, valuation history and full analysis?

Deeper analysis of CSL on PreMarketPrice

Figures are derived from company filings (quarterly values normalised from as-filed year-to-date data where applicable) and may be delayed, restated or incomplete. This page is information, not investment advice. Latest price $320.36 · market cap $12.7B.