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Makes commercial roofing systems, insulation and waterproofing products, primarily for non-residential building construction.
Makes commercial roofing systems, insulation and waterproofing products, primarily for non-residential building construction.
Sells roofing membranes and insulation through distributors to roofing contractors, and most demand comes from replacing worn roofs rather than new buildings, which cushions swings in construction. Over recent years it sold its non-building businesses, such as aerospace wiring, to become a pure building-products company.
Moat: narrow (brand, distribution, scale). A leading commercial roofing brand with an established contractor network and specification relationships.
Headquarters: Scottsdale, Arizona, US · Founded: 1917 · Employees: 5,900
Size Carlisle Companies (CSL) is a United States Industrials company (Building Products) with a market value of $14.5B, the 613th largest of 3,117 United States companies the cockpit tracks. Shares closed at $375.74 on 6 Nov 2026.
Performance Over six months the shares gained 4.3%, against +6.1% for the median peer and -1.1% for the United States market (cap-weighted) — 6th lowest of 13 in its peer set.
Growth Revenue grew 4.0% over the last twelve months (peer median +1.3%); the operating margin is 20.1% (peer median 14.0%).
Valuation It trades at 15.9× forward earnings against a peer median of 18.1× (4th cheapest of 13).
Price implies For today's price to make sense, revenue must grow about 4% a year for seven years (Req g). Recent delivered growth is +5%, so the hurdle is -1 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 13.7 points above its cost of capital (8.2% WACC).
Credit Carlisle Companies has 5 bonds outstanding ($2.90B), rated BBB by the agencies and trading like BBB+ at a weighted spread of 79 bp.
Short interest Short interest is 5.1% of the free float (15 Oct 2026).
Next results Next results expected around 9 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $5.21B | $5.02B | $5.00B | $4.59B | $5.45B |
| Revenue growth | — | 0% | +9% | -16% | — |
| Gross profit | $1.81B | $1.79B | $1.78B | $1.54B | $1.77B |
| EBITDA | $1.24B | $1.22B | $1.30B | $1.19B | $1.48B |
| Net income | $723M | $741M | $855M | $683M | $929M |
| Free cash flow | $749M | $969M | $908M | $1.22B | $878M |
| Capital expenditure | $147M | $131M | $113M | $142M | $184M |
| Total debt | $2.89B | $3.02B | $2.02B | $2.34B | $2.64B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Carlisle Companies CSL | $14.5B | +4% | +4% | 20% | 15.9× | 3.7% |
| Owens Corning OC | $9.59B | 0% | -11% | 14% | 15.3× | 3.6% |
| Holcim HOLN.SW | $48.4B | -3% | -26% | 16% | 19.5× | 1.4% |
| Sika SIKA.SW | $36.4B | +32% | -4% | 14% | 24.9× | 10.7% |
| ROCKWOOL A/S ROCK-A.CO | $6.72B | +11% | -1% | 13% | 16.2× | -4.8% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | CSL | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +17.0% | +11.5% | 3rd highest of 13 |
| 6-month return | +4.3% | +6.1% | 6th lowest of 13 |
| Distance from 52-week high | -13.2% | -19.8% | 5th highest of 13 |
| Revenue growth (TTM) | +4.0% | +1.3% | 5th highest of 13 |
| Operating margin | 20.1% | 14.0% | 2nd highest of 12 |
| Forward P/E | 15.9× | 18.1× | 4th cheapest of 13 |
| Growth the price implies (Req g, 7 yrs) | 3.7% | 5.8% | 2nd least demanding of 12 |
| Growth delivered (Del g) | +4.8% | +5.0% | 6th lowest of 12 |
| Hurdle (Req g minus delivered) | -1.1 pp | +2.8 pp | 3rd least demanding of 12 |
| ROIC minus cost of capital | +13.7 pp | +7.8 pp | 5th highest of 12 |
| EV / EBITDA | 13.6× | 11.9× | 4th most expensive of 12 |
| Net debt / EBITDA | 1.9× | 0.6× | 4th most indebted of 12 |
| Bond spread | 79 bp | 81 bp | 2nd tightest of 4 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Carlisle Companies CSL | United States | $14.5B | +4% | +4% | 20% | 15.9× | 3.7% | +4.8% |
| SPIC Industry-Finance 000958.SZ | China | $14.0B | -14% | +102% | n/a | 22.2× | n/a | n/a |
| Masco MAS | United States | $15.8B | +15% | +1% | 18% | 18.0× | 4.9% | +1.0% |
| Watsco WSO | United States | $12.7B | -28% | 0% | 9% | 24.3× | 13.2% | +7.4% |
| A. O. Smith AOS | United States | $8.67B | +10% | -1% | 18% | 17.3× | 4.5% | +5.8% |
| Simpson Manufacturing SSD | United States | $8.07B | +4% | +5% | 20% | 20.9× | 13.2% | +13.0% |
| SPX Technologies SPXC | United States | $7.15B | -30% | +20% | 17% | 15.3× | 15.7% | +15.0% |
| KONE KNEBV.HE | Finland | $33.8B | +15% | +2% | 12% | 27.1× | 5.8% | +2.5% |
| Fortune Brands Innovations FBIN | United States | $5.74B | +27% | -3% | 14% | 19.7× | 5.3% | -6.0% |
| Toto 5332.T | Japan | $5.40B | -1% | +5% | 8% | 18.2× | 7.8% | +5.0% |
| Compagnie de Saint-Gobain SGO.PA | France | $40.7B | -3% | -2% | 10% | 12.1× | 5.1% | +4.0% |
| Sanwa 5929.T | Japan | $5.10B | +8% | +2% | 11% | 14.8× | -2.6% | +9.1% |
| Griffon GFF | United States | $4.58B | +15% | -12% | 20% | 17.1× | 7.5% | +4.0% |
Carlisle Companies has 5 bonds outstanding with $2.90B face value. The agencies rate it BBB; its bonds trade like BBB+. Weighted yield 5.43%, a spread of 79 bp over government bonds.