Carlisle Companies (CSL) Financials

$355.23 +9.06 (+2.62%)

As of 01:16 PM Eastern

Annual Income Statements for Carlisle Companies

This table shows Carlisle Companies' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Income / (Loss) Attributable to Common Shareholders	320	250	366	611	473	320	422	924	814	1,313	778
Consolidated Net Income / (Loss)	320	250	366	611	473	320	422	924	767	1,312	741
Net Income / (Loss) Continuing Operations	320	231	341	359	458	326	386	858	719	865	743
Total Pre-Tax Income	468	379	429	446	575	404	490	1,124	930	1,111	949
Total Operating Income	503	404	464	509	634	488	573	1,205	983	1,143	1,003
Total Gross Profit	1,007	1,086	1,048	1,175	1,306	1,137	1,096	1,866	1,634	1,888	1,793
Total Revenue	3,543	3,425	3,751	4,480	4,485	3,970	3,837	5,449	4,587	5,004	5,020
Operating Revenue	3,543	3,425	3,751	4,480	4,485	3,970	3,837	5,449	4,587	5,004	5,020
Total Cost of Revenue	2,537	2,339	2,703	3,305	3,179	2,833	2,741	3,583	2,953	3,116	3,227
Operating Cost of Revenue	2,537	2,339	2,703	3,305	3,179	2,833	2,741	3,583	2,953	3,116	3,227
Total Operating Expenses	503	682	584	666	672	650	522	661	651	745	790
Selling, General & Admin Expense	462	495	533	625	630	603	508	624	625	723	745
Research & Development Expense	43	45	51	55	52	45	16	19	29	35	47
Other Operating Expenses / (Income)	-1.30	-0.10	0.10	-15	-10	1.00	-2.10	19	-2.50	-14	-2.40
Total Other Income / (Expense), net	-35	-25	-35	-63	-59	-84	-84	-81	-52	-32	-54
Interest Expense	34	31	34	65	66	85	80	86	76	73	79
Interest & Investment Income	-	-	0.50	11	7.90	4.70	1.10	6.80	20	60	26
Other Income / (Expense), net	-1.40	5.60	-1.50	-9.60	-0.90	-2.90	-4.40	-2.00	3.10	-19	-1.10
Income Tax Expense	148	148	88	87	117	79	104	266	212	246	206
Net Income / (Loss) Discontinued Operations	0.10	19	25	253	15	-5.60	36	66	49	447	-1.80
Other Adjustments to Net Income / (Loss) Attributable to Common Shareholders)	-	-	-	-	-	-	-	-	-46	-2.00	-37
Basic Earnings per Share	$4.89	$3.86	$5.75	$10.09	$8.28	$5.85	$8.01	$17.80	$15.35	$56.34	$17.27
Weighted Average Basic Shares Outstanding	64.84M	64.23M	63.07M	60.40M	56.90M	54.50M	52.50M	51.80M	49.90M	46.50M	42.80M
Diluted Earnings per Share	$4.82	$3.82	$5.71	$10.02	$8.19	$5.80	$7.91	$17.56	$15.18	$55.64	$17.12
Weighted Average Diluted Shares Outstanding	65.80M	64.88M	63.55M	60.80M	57.50M	55M	53.20M	52.50M	50.40M	47.10M	43.20M
Weighted Average Basic & Diluted Shares Outstanding	64.84M	64.80M	63.60M	60.60M	55.91M	53.29M	52.08M	51.15M	47.75M	44.56M	40.88M
Cash Dividends to Common per Share	$1.10	$1.30	$1.44	$1.54	$1.80	$2.05	$2.13	$2.58	$3.20	$3.70	$4.20

This table shows Carlisle Companies' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
Net Income / (Loss) Attributable to Common Shareholders	266	206	192	719	244	163	151	256	214	164	117
Consolidated Net Income / (Loss)	266	206	192	712	244	163	143	256	214	127	128
Net Income / (Loss) Continuing Operations	217	192	171	285	247	162	140	256	214	133	128
Total Pre-Tax Income	284	245	215	373	322	202	175	324	278	172	163
Total Operating Income	300	254	225	378	316	224	184	335	294	190	180
Total Gross Profit	466	420	399	569	514	406	386	541	485	381	363
Total Revenue	1,260	1,128	1,097	1,451	1,334	1,123	1,096	1,450	1,347	1,128	1,052
Operating Revenue	1,260	1,128	1,097	1,451	1,334	1,123	1,096	1,450	1,347	1,128	1,052
Total Cost of Revenue	794	708	698	882	819	717	710	908	862	747	689
Operating Cost of Revenue	794	708	698	882	819	717	710	908	862	747	689
Total Operating Expenses	166	166	174	191	198	182	202	206	191	191	183
Selling, General & Admin Expense	162	158	167	189	192	175	194	197	178	177	172
Research & Development Expense	7.20	8.00	9.20	9.30	8.10	8.80	11	11	12	13	12
Other Operating Expenses / (Income)	-2.70	0.50	-2.30	-7.20	-1.90	-2.20	-2.60	-1.90	1.00	1.10	-1.00
Total Other Income / (Expense), net	-16	-9.10	-10	-4.90	5.10	-22	-8.60	-11	-16	-18	-17
Interest Expense	19	19	19	19	19	17	15	15	21	28	28
Interest & Investment Income	3.60	7.60	7.90	14	23	16	6.40	1.40	6.80	11	8.90
Other Income / (Expense), net	-0.60	1.90	0.30	0.10	1.10	-21	-0.20	1.90	-1.60	-1.20	2.30
Income Tax Expense	67	53	44	87	75	40	35	68	64	39	36
Net Income / (Loss) Discontinued Operations	49	14	21	427	-2.30	0.40	3.20	0.30	0.70	-6.00	0.00
Other Adjustments to Net Income / (Loss) Attributable to Common Shareholders)	-	-	-	-13	-	-	-8.00	-	-	-	11
Basic Earnings per Share	$5.35	$4.18	$4.02	$30.06	$5.31	$3.81	$3.23	$5.93	$5.02	$3.09	$3.12
Weighted Average Basic Shares Outstanding	49.50M	49.90M	47.80M	47.30M	45.90M	46.50M	44.30M	43M	42.50M	42.80M	40.80M
Diluted Earnings per Share	$5.29	$4.14	$3.97	$29.68	$5.25	$3.76	$3.20	$5.88	$4.98	$3.06	$3.10
Weighted Average Diluted Shares Outstanding	50.10M	50.40M	48.40M	47.90M	46.50M	47.10M	44.70M	43.40M	42.90M	43.20M	41.10M
Weighted Average Basic & Diluted Shares Outstanding	48.68M	47.75M	47.60M	46.24M	45.33M	44.56M	43.25M	42.75M	41.79M	40.88M	40.47M
Cash Dividends to Common per Share	$0.85	-	$0.85	$0.85	$1.00	-	$1.00	$1.00	$1.10	-	$1.10

This table details how cash moves in and out of Carlisle Companies' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Change in Cash & Equivalents	-320	-25	-8.40	427	-452	551	-578	76	206	148	359
Net Cash From Operating Activities	529	531	459	339	703	697	422	1,001	1,201	1,030	1,102
Net Cash From Continuing Operating Activities	529	531	459	339	703	697	422	1,001	1,201	1,030	1,102
Net Income / (Loss) Continuing Operations	320	250	366	611	473	320	422	924	767	1,312	741
Consolidated Net Income / (Loss)	320	250	366	611	473	320	422	924	767	1,312	741
Depreciation Expense	74	75	85	86	88	97	92	97	84	70	75
Amortization Expense	56	63	84	104	117	127	134	155	120	102	122
Non-Cash Adjustments To Reconcile Net Income	2.70	139	13	-248	27	80	68	33	124	30	35
Changes in Operating Assets and Liabilities, net	78	4.40	-89	-214	-2.00	72	-294	-208	105	-484	130
Net Cash From Investing Activities	-671	-293	-1,094	629	-695	-123	-1,486	-61	352	1,230	-240
Net Cash From Continuing Investing Activities	-671	-293	-1,094	629	-695	-123	-1,486	-61	352	1,230	-240
Purchase of Property, Plant & Equipment	-72	-109	-160	-121	-89	-96	-135	-184	-142	-113	-131
Acquisitions	-599	-186	-934	-20	-616	-35	-1,571	-25	-36	-677	-110
Divestitures	-	0.00	0.00	758	0.00	0.00	248	132	511	1,998	0.00
Other Investing Activities, net	0.20	0.90	-0.10	11	10	8.30	2.20	4.80	20	22	0.40
Net Cash From Financing Activities	-173	-261	627	-541	-461	-25	488	-862	-1,350	-2,110	-504
Net Cash From Continuing Financing Activities	-173	-261	627	-541	-461	-25	488	-862	-1,350	-2,110	-504
Repayment of Debt	-2.90	-150	-1,197	0.00	-2.80	-784	-654	-353	-387	-436	-20
Repurchase of Common Equity	-137	-75	-268	-460	-382	-382	-316	-400	-900	-1,586	-1,300
Payment of Dividends	-72	-85	-92	-94	-103	-112	-113	-134	-160	-172	-181
Issuance of Debt	0.00	0.00	2,186	0.00	0.00	1,241	1,493	0.00	84	22	988
Other Financing Activities, net	39	48	-1.20	13	27	13	77	26	14	62	10
Effect of Exchange Rate Changes	-5.50	-2.10	-	-1.10	0.60	1.60	-1.20	-2.20	1.50	-1.70	0.90
Other Net Changes in Cash	-	-	-	-	-	-	-	-	-	-	0.00

This table details how cash moves in and out of Carlisle Companies' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
Net Change in Cash & Equivalents	-257	474	-35	1,166	-206	-777	-533	-152	1,037	7.10	-341
Net Cash From Operating Activities	442	389	164	183	313	371	1.80	287	427	386	-45
Net Cash From Continuing Operating Activities	442	389	164	183	313	371	1.80	287	427	386	-45
Net Income / (Loss) Continuing Operations	266	206	192	712	244	163	143	256	214	127	128
Consolidated Net Income / (Loss)	266	206	192	712	244	163	143	256	214	127	128
Depreciation Expense	21	17	17	18	18	19	18	18	19	19	19
Amortization Expense	30	18	22	26	27	28	30	31	31	31	30
Non-Cash Adjustments To Reconcile Net Income	71	51	12	-444	13	17	11	8.80	7.80	7.50	8.50
Changes in Operating Assets and Liabilities, net	55	97	-80	-128	11	145	-200	-26	155	201	-230
Net Cash From Investing Activities	-31	439	-32	1,559	-18	-279	-79	-87	-34	-41	-28
Net Cash From Continuing Investing Activities	-31	439	-32	1,559	-18	-279	-79	-87	-34	-41	-28
Purchase of Property, Plant & Equipment	-36	-36	-33	-25	-19	-37	-29	-29	-34	-40	-28
Acquisitions	-	-36	0.00	-	-1.50	-263	-50	-58	-	-1.50	0.00
Other Investing Activities, net	4.70	0.30	0.50	0.80	0.20	-0.30	0.00	-	-	0.40	0.30
Net Cash From Financing Activities	-667	-355	-166	-576	-501	-867	-456	-353	644	-338	-268
Net Cash From Continuing Financing Activities	-667	-355	-166	-576	-501	-867	-456	-353	644	-338	-268
Repayment of Debt	-385	-0.90	-0.90	-25	-0.90	-409	-1.00	-15	-3.10	-1.20	-1.30
Repurchase of Common Equity	-330	-320	-150	-550	-466	-420	-400	-300	-300	-300	-250
Payment of Dividends	-42	-41	-42	-40	-46	-45	-45	-43	-47	-46	-46
Other Financing Activities, net	5.50	6.70	26	17	12	6.70	-10	5.70	5.80	8.70	29
Effect of Exchange Rate Changes	-0.80	1.50	-0.70	-0.10	0.20	-1.10	0.20	0.60	-0.30	0.40	-0.10

This table presents Carlisle Companies' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Total Assets	3,951	3,966	5,300	5,249	5,496	5,866	7,247	7,222	6,620	5,817	6,263
Total Current Assets	1,320	1,355	1,645	2,057	1,752	2,209	2,151	2,245	3,408	1,926	2,277
Cash & Equivalents	411	385	378	804	351	897	324	365	577	754	1,112
Accounts Receivable	503	512	626	698	683	554	815	615	615	580	594
Inventories, net	356	377	449	458	511	433	605	518	362	473	447
Prepaid Expenses	19	24	22	22	31	36	50	22	21	27	29
Other Current Assets	32	57	74	75	177	145	357	125	108	94	96
Plant, Property, & Equipment, net	586	632	731	760	784	672	760	602	655	712	807
Total Noncurrent Assets	2,046	1,978	2,924	2,432	2,961	2,985	4,336	4,375	2,557	3,179	3,179
Goodwill	1,134	1,081	1,452	1,442	1,716	1,642	2,199	1,178	1,203	1,478	1,539
Intangible Assets	888	872	1,065	968	1,141	961	2,009	1,328	1,253	1,505	1,426
Other Noncurrent Operating Assets	23	25	35	23	104	107	128	98	101	196	214
Total Liabilities & Shareholders' Equity	3,951	3,966	5,300	5,249	5,496	5,866	7,247	7,222	6,620	5,817	6,263
Total Liabilities	1,604	1,499	2,772	2,652	2,853	3,329	4,617	4,198	3,791	3,353	4,468
Total Current Liabilities	606	514	659	596	899	646	1,170	1,078	1,186	666	736
Accounts Payable	213	244	332	312	327	285	432	274	246	261	233
Accrued Expenses	219	247	258	258	295	275	351	290	293	-	503
Total Noncurrent Liabilities	998	985	2,113	2,056	1,954	2,683	3,448	3,119	2,605	2,688	3,732
Long-Term Debt	596	596	1,586	1,588	1,341	2,080	2,575	2,281	1,887	1,887	2,882
Noncurrent Deferred Revenue	160	172	-	202	-	-	250	-	298	322	343
Noncurrent Deferred & Payable Income Tax Liabilities	-	-	-	-	-	-	-	-	-	228	246
Other Noncurrent Operating Liabilities	242	217	477	267	613	580	622	744	420	250	262
Total Equity & Noncontrolling Interests	2,347	2,467	2,528	2,597	2,643	2,538	2,630	3,024	2,829	2,463	1,795
Total Preferred & Common Equity	2,347	2,467	2,528	2,597	2,643	2,538	2,630	3,024	2,829	2,463	1,795
Total Common Equity	2,347	2,467	2,528	2,597	2,643	2,538	2,630	3,024	2,829	2,463	1,795
Common Stock	372	414	432	463	495	520	560	591	633	668	682
Retained Earnings	2,382	2,547	2,821	3,351	3,721	3,929	4,238	5,027	5,634	6,773	7,333
Treasury Stock	-327	-383	-650	-1,102	-1,450	-1,814	-2,063	-2,436	-3,326	-4,867	-6,149
Accumulated Other Comprehensive Income / (Loss)	-87	-122	-86	-122	-124	-97	-105	-158	-111	-110	-70

This table presents Carlisle Companies' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024	Q1 2025	Q2 2025	Q3 2025	Q1 2026
Period end date	9/30/2022	3/31/2023	6/30/2023	9/30/2023	3/31/2024	6/30/2024	9/30/2024	3/31/2025	6/30/2025	9/30/2025	3/31/2026
Total Assets	7,732	7,115	7,176	6,816	6,646	6,728	6,478	5,451	5,519	6,457	5,990
Total Current Assets	2,771	2,152	2,693	3,657	3,463	3,152	2,911	1,532	1,527	2,483	2,032
Cash & Equivalents	-	424	379	108	553	1,736	1,531	220	68	1,105	771
Accounts Receivable	1,091	730	960	768	701	904	799	699	882	774	692
Inventories, net	804	782	599	395	400	426	462	530	501	481	481
Prepaid Expenses	36	29	24	24	19	22	28	-	-	-	27
Other Current Assets	215	188	166	103	68	64	92	82	76	122	61
Plant, Property, & Equipment, net	791	840	799	627	654	664	671	738	770	783	813
Total Noncurrent Assets	4,170	4,123	3,685	2,532	2,529	2,912	2,896	3,181	3,223	3,190	3,144
Goodwill	2,193	2,204	2,018	1,178	1,199	1,337	1,342	1,490	1,536	1,530	1,537
Intangible Assets	1,861	1,802	1,552	1,263	1,227	1,450	1,426	1,496	1,484	1,453	1,393
Other Noncurrent Operating Assets	116	117	114	91	103	125	128	195	203	208	213
Total Liabilities & Shareholders' Equity	7,732	7,115	7,176	6,816	6,646	6,728	6,478	5,451	5,519	6,457	5,990
Total Liabilities	4,690	4,057	4,144	3,892	3,787	3,724	3,716	3,284	3,399	4,465	4,337
Total Current Liabilities	1,552	930	1,045	876	1,175	1,090	1,068	593	697	765	601
Accounts Payable	497	367	397	328	323	363	327	314	338	295	316
Accrued Expenses	361	223	263	254	219	296	310	280	359	470	285
Total Noncurrent Liabilities	3,138	3,127	3,099	3,017	2,612	2,634	2,647	2,691	2,702	3,700	3,735
Long-Term Debt	2,280	2,282	2,282	2,283	1,887	1,887	1,887	1,891	1,892	2,879	2,884
Noncurrent Deferred Revenue	263	-	-	-	303	308	316	326	330	337	345
Noncurrent Deferred & Payable Income Tax Liabilities	-	-	-	-	-	-	-	231	232	232	245
Other Noncurrent Operating Liabilities	595	845	817	733	423	439	444	244	248	252	262
Total Equity & Noncontrolling Interests	3,042	3,058	3,032	2,924	2,859	3,004	2,763	2,167	2,121	1,992	1,653
Total Preferred & Common Equity	3,042	3,058	3,032	2,924	2,859	3,004	2,763	2,167	2,121	1,992	1,653
Total Common Equity	3,042	3,058	3,032	2,924	2,859	3,004	2,763	2,167	2,121	1,992	1,653
Common Stock	581	595	610	623	642	649	659	665	664	672	690
Retained Earnings	4,892	5,090	5,246	5,470	5,785	6,457	6,655	6,871	7,084	7,251	7,415
Treasury Stock	-2,242	-2,484	-2,681	-3,010	-3,448	-3,989	-4,450	-5,268	-5,555	-5,852	-6,371
Accumulated Other Comprehensive Income / (Loss)	-189	-143	-144	-159	-119	-113	-102	-102	-72	-79	-80

This table displays calculated financial ratios and metrics derived from Carlisle Companies' official financial filings.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	10.59%	-3.33%	9.51%	19.43%	0.11%	-11.48%	-3.36%	42.03%	-15.83%	9.08%	0.33%
EBITDA Growth	23.21%	-13.24%	15.34%	9.25%	21.54%	-15.44%	12.14%	82.86%	-18.12%	8.89%	-7.61%
EBIT Growth	22.92%	-18.35%	12.86%	7.98%	26.79%	-23.42%	17.34%	111.39%	-18.03%	14.00%	-10.90%
NOPAT Growth	25.81%	-28.34%	49.55%	11.12%	23.31%	-22.13%	14.82%	103.83%	-17.45%	17.22%	-11.87%
Net Income Growth	27.22%	-21.77%	46.14%	67.20%	-22.63%	-32.30%	31.74%	119.11%	-16.95%	70.94%	-43.54%
EPS Growth	26.18%	-20.75%	49.48%	75.48%	-18.26%	-29.18%	36.38%	122.00%	-13.55%	83.27%	-69.23%
Operating Cash Flow Growth	78.84%	0.38%	-13.65%	-26.05%	107.28%	-0.91%	-39.47%	137.35%	20.02%	-14.23%	6.94%
Free Cash Flow Firm Growth	-458.94%	319.07%	-224.63%	223.75%	-99.18%	28,280.85%	-256.19%	313.70%	-70.74%	-63.01%	149.13%
Invested Capital Growth	20.60%	-0.15%	25.41%	0.69%	14.83%	-13.02%	54.91%	-39.74%	-3.75%	18.63%	-0.90%
Revenue Q/Q Growth	2.49%	-6.37%	10.20%	1.98%	-5.48%	2.58%	-11.83%	5.39%	10.78%	-0.09%	0.10%
EBITDA Q/Q Growth	9.22%	12.44%	4.33%	2.50%	1.61%	-0.64%	11.76%	0.85%	2.37%	-3.11%	-0.87%
EBIT Q/Q Growth	7.89%	-9.54%	3.03%	3.70%	1.09%	-1.20%	15.74%	1.06%	5.72%	-4.44%	-1.43%
NOPAT Q/Q Growth	9.44%	-10.98%	20.89%	-5.13%	0.15%	0.31%	9.89%	0.41%	7.01%	-2.11%	-4.01%
Net Income Q/Q Growth	9.90%	-2.19%	11.91%	-4.23%	3.16%	-6.27%	12.51%	5.25%	4.25%	-3.15%	-4.56%
EPS Q/Q Growth	9.80%	-1.80%	12.85%	-2.24%	2.38%	-4.92%	13.16%	5.66%	5.56%	-1.35%	474.50%
Operating Cash Flow Q/Q Growth	9.32%	-0.04%	-3.57%	29.61%	-3.17%	6.56%	-21.97%	37.79%	-1.91%	-1.75%	1.42%
Free Cash Flow Firm Q/Q Growth	67.09%	-27.89%	-299.24%	3,768.59%	-99.22%	433.78%	-51.19%	303.22%	-70.25%	-34.27%	42.25%
Invested Capital Q/Q Growth	-2.76%	-0.36%	9.38%	-3.73%	7.48%	-11.96%	1.10%	-41.04%	-2.32%	2.21%	-5.33%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	28.41%	31.72%	27.95%	26.22%	29.12%	28.65%	28.55%	34.24%	35.63%	37.73%	35.71%
EBITDA Margin	17.81%	15.99%	16.84%	15.40%	18.70%	17.86%	20.73%	26.68%	25.96%	25.91%	23.86%
Operating Margin	14.20%	11.80%	12.37%	11.36%	14.14%	12.29%	14.95%	22.11%	21.43%	22.85%	19.97%
EBIT Margin	14.17%	11.96%	12.33%	11.15%	14.12%	12.21%	14.83%	22.07%	21.49%	22.46%	19.95%
Profit (Net Income) Margin	9.02%	7.30%	9.74%	13.64%	10.54%	8.06%	10.99%	16.96%	16.73%	26.22%	14.76%
Tax Burden Percent	68.33%	65.95%	85.20%	137.05%	82.21%	79.19%	86.08%	82.23%	82.48%	118.08%	78.07%
Interest Burden Percent	93.23%	92.53%	92.76%	89.29%	90.82%	83.36%	86.10%	93.42%	94.37%	98.84%	94.75%
Effective Tax Rate	31.69%	39.06%	20.61%	19.58%	20.40%	19.42%	21.29%	23.65%	22.73%	22.13%	21.74%
Return on Invested Capital (ROIC)	14.01%	9.19%	12.21%	12.15%	13.90%	10.83%	10.48%	21.94%	24.54%	26.83%	21.91%
ROIC Less NNEP Spread (ROIC-NNEP)	0.40%	10.57%	11.65%	37.14%	10.74%	3.81%	8.76%	22.24%	29.33%	89.62%	18.89%
Return on Net Nonoperating Assets (RNNOA)	0.03%	1.20%	2.43%	11.70%	4.15%	1.53%	5.84%	10.75%	1.68%	22.74%	12.88%
Return on Equity (ROE)	14.05%	10.39%	14.63%	23.84%	18.05%	12.36%	16.32%	32.69%	26.22%	49.57%	34.79%
Cash Return on Invested Capital (CROIC)	-4.66%	9.34%	-10.34%	11.46%	0.09%	24.75%	-32.60%	71.53%	28.37%	9.79%	22.81%
Operating Return on Assets (OROA)	13.02%	10.35%	9.98%	9.47%	11.79%	8.54%	8.68%	16.63%	14.25%	18.07%	16.58%
Return on Assets (ROA)	8.29%	6.32%	7.89%	11.59%	8.80%	5.63%	6.43%	12.77%	11.09%	21.10%	12.26%
Return on Common Equity (ROCE)	14.05%	10.39%	14.63%	23.84%	18.05%	12.36%	16.32%	32.69%	26.22%	49.57%	34.79%
Return on Equity Simple (ROE_SIMPLE)	13.62%	10.14%	14.46%	23.53%	17.89%	12.61%	16.04%	30.55%	27.13%	53.25%	0.00%
Net Operating Profit after Tax (NOPAT)	344	246	368	409	505	393	451	920	759	890	785
NOPAT Margin	9.70%	7.19%	9.82%	9.14%	11.26%	9.90%	11.76%	16.88%	16.56%	17.79%	15.63%
Net Nonoperating Expense Percent (NNEP)	13.62%	-1.38%	0.55%	-24.99%	3.16%	7.01%	1.72%	-0.30%	-4.79%	-62.79%	3.02%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	-	16.41%	14.84%	20.45%	16.77%
Cost of Revenue to Revenue	71.59%	68.28%	72.05%	73.78%	70.88%	71.35%	71.45%	65.76%	64.37%	62.27%	64.29%
SG&A Expenses to Revenue	13.04%	14.46%	14.21%	13.96%	14.04%	15.19%	13.24%	11.44%	13.63%	14.45%	14.85%
R&D to Revenue	1.21%	1.33%	1.37%	1.23%	1.16%	1.14%	0.43%	0.35%	0.63%	0.71%	0.94%
Operating Expenses to Revenue	14.21%	19.92%	15.58%	14.86%	14.98%	16.36%	13.61%	12.13%	14.20%	14.88%	15.74%
Earnings before Interest and Taxes (EBIT)	502	410	463	499	633	485	569	1,203	986	1,124	1,001
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	631	548	632	690	839	709	795	1,454	1,191	1,297	1,198
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	2.20	2.62	2.56	2.15	3.28	3.15	4.79	3.94	5.33	6.79	7.44
Price to Tangible Book Value (P/TBV)	15.88	12.57	578.49	29.72	0.00	0.00	0.00	22.96	40.34	0.00	0.00
Price to Revenue (P/Rev)	1.46	1.88	1.73	1.25	1.93	2.02	3.28	2.19	3.29	3.34	2.66
Price to Earnings (P/E)	16.15	25.81	17.73	9.14	18.34	25.01	29.87	12.91	19.64	12.74	17.19
Dividend Yield	1.38%	1.30%	1.38%	1.64%	1.18%	1.37%	0.88%	1.12%	1.03%	1.00%	1.31%
Earnings Yield	6.19%	3.88%	5.64%	10.94%	5.45%	4.00%	3.35%	7.75%	5.09%	7.85%	5.82%
Enterprise Value to Invested Capital (EV/IC)	2.05	2.49	2.29	1.88	2.55	2.72	2.90	4.49	5.53	4.96	4.25
Enterprise Value to Revenue (EV/Rev)	1.55	1.95	2.05	1.42	2.21	2.31	3.96	2.60	3.66	3.57	3.02
Enterprise Value to EBITDA (EV/EBITDA)	8.71	12.17	12.17	9.23	11.82	12.96	19.11	9.73	14.10	13.77	12.63
Enterprise Value to EBIT (EV/EBIT)	10.95	16.26	16.62	12.75	15.65	18.95	26.71	11.76	17.02	15.89	15.11
Enterprise Value to NOPAT (EV/NOPAT)	15.99	27.06	20.87	15.56	19.63	23.38	33.68	15.37	22.10	20.06	19.29
Enterprise Value to Operating Cash Flow (EV/OCF)	10.39	12.55	16.76	18.78	14.09	13.19	36.04	14.13	13.97	17.33	13.74
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	26.61	0.00	16.49	3,129.88	10.23	0.00	4.72	19.12	55.00	18.53
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.32	0.24	0.63	0.61	0.60	0.82	1.11	0.85	0.81	0.77	1.61
Long-Term Debt to Equity	0.25	0.24	0.63	0.61	0.51	0.82	0.98	0.75	0.67	0.77	1.61
Financial Leverage	0.08	0.11	0.21	0.32	0.39	0.40	0.67	0.48	0.06	0.25	0.68
Leverage Ratio	1.69	1.64	1.85	2.06	2.05	2.19	2.54	2.56	2.36	2.35	2.84
Compound Leverage Factor	1.58	1.52	1.72	1.84	1.86	1.83	2.19	2.39	2.23	2.32	2.69
Debt to Total Capital	24.10%	19.47%	38.55%	37.94%	37.59%	45.06%	52.68%	46.06%	44.73%	43.42%	61.61%
Short-Term Debt to Total Capital	4.84%	0.00%	0.00%	0.00%	5.91%	0.02%	6.33%	5.38%	7.87%	0.07%	0.00%
Long-Term Debt to Total Capital	19.26%	19.47%	38.55%	37.94%	31.68%	45.04%	46.35%	40.68%	36.86%	43.35%	61.61%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	75.90%	80.53%	61.45%	62.06%	62.41%	54.94%	47.32%	53.94%	55.27%	56.58%	38.39%
Debt to EBITDA	1.18	1.09	2.51	2.30	1.90	2.94	3.68	1.78	1.92	1.46	2.41
Net Debt to EBITDA	0.53	0.39	1.91	1.14	1.48	1.67	3.27	1.53	1.44	0.88	1.48
Long-Term Debt to EBITDA	0.94	1.09	2.51	2.30	1.60	2.93	3.24	1.57	1.58	1.46	2.41
Debt to NOPAT	2.17	2.42	4.31	3.88	3.15	5.30	6.49	2.81	3.01	2.12	3.67
Net Debt to NOPAT	0.97	0.86	3.28	1.92	2.46	3.01	5.77	2.41	2.26	1.28	2.26
Long-Term Debt to NOPAT	1.73	2.42	4.31	3.88	2.66	5.29	5.71	2.48	2.48	2.12	3.67
Altman Z-Score	4.31	4.94	3.37	3.66	4.15	3.65	3.41	4.18	5.16	6.38	5.06
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	2.18	2.64	2.50	3.45	1.95	3.42	1.84	2.08	2.87	2.89	3.09
Quick Ratio	1.51	1.75	1.52	2.52	1.15	2.25	0.97	0.91	1.00	2.00	2.32
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-114	250	-312	386	3.17	899	-1,403	2,999	878	325	817
Operating Cash Flow to CapEx	733.98%	488.24%	286.87%	281.03%	790.89%	729.53%	312.83%	545.45%	844.80%	909.36%	839.79%
Free Cash Flow to Firm to Interest Expense	-3.36	8.18	-9.18	5.97	0.05	10.52	-17.50	34.92	11.61	4.43	10.41
Operating Cash Flow to Interest Expense	15.56	17.36	13.49	5.24	10.65	8.16	5.26	11.65	15.89	14.06	14.04
Operating Cash Flow Less CapEx to Interest Expense	13.44	13.80	8.79	3.38	9.31	7.04	3.58	9.52	14.01	12.51	12.36
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.92	0.87	0.81	0.85	0.83	0.70	0.59	0.75	0.66	0.80	0.83
Accounts Receivable Turnover	7.53	6.76	6.60	6.77	6.50	6.42	5.61	7.62	7.45	8.37	8.56
Inventory Turnover	7.30	6.38	6.55	7.29	6.57	6.01	5.28	6.38	6.71	7.47	7.02
Fixed Asset Turnover	6.25	5.62	5.50	6.01	5.81	5.45	5.36	8.00	7.30	7.32	6.61
Accounts Payable Turnover	12.36	10.25	9.39	10.26	9.94	9.26	7.65	10.15	11.38	12.30	13.06
Days Sales Outstanding (DSO)	48.50	54.03	55.34	53.94	56.19	56.86	65.12	47.89	48.96	43.59	42.66
Days Inventory Outstanding (DIO)	50.01	57.20	55.77	50.05	55.59	60.78	69.09	57.20	54.37	48.87	52.02
Days Payable Outstanding (DPO)	29.54	35.60	38.88	35.57	36.71	39.42	47.73	35.95	32.08	29.67	27.94
Cash Conversion Cycle (CCC)	68.97	75.63	72.23	68.42	75.06	78.22	86.48	69.13	71.26	62.79	66.75
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	2,682	2,678	3,359	3,382	3,883	3,378	5,233	3,153	3,035	3,600	3,565
Invested Capital Turnover	1.44	1.28	1.24	1.33	1.23	1.09	0.89	1.30	1.48	1.51	1.40
Increase / (Decrease) in Invested Capital	458	-4.10	681	23	502	-506	1,855	-2,079	-118	566	-32
Enterprise Value (EV)	5,498	6,665	7,687	6,369	9,910	9,190	15,199	14,143	16,784	17,856	15,135
Market Capitalization	5,163	6,454	6,479	5,584	8,669	8,005	12,596	11,925	15,071	16,719	13,366
Book Value per Share	$36.11	$38.24	$40.80	$43.62	$46.63	$47.54	$50.29	$58.48	$58.11	$54.34	$42.97
Tangible Book Value per Share	$5.00	$7.96	$0.18	$3.16	($3.78)	($1.22)	($30.18)	$10.04	$7.67	($11.46)	($27.98)
Total Capital	3,093	3,063	4,115	4,185	4,234	4,619	5,557	5,607	5,118	4,354	4,677
Total Debt	745	596	1,586	1,588	1,592	2,081	2,927	2,583	2,289	1,891	2,882
Total Long-Term Debt	596	596	1,586	1,588	1,341	2,080	2,575	2,281	1,887	1,887	2,882
Net Debt	335	211	1,208	784	1,240	1,184	2,603	2,218	1,713	1,137	1,770
Capital Expenditures (CapEx)	72	109	160	121	89	96	135	184	142	113	131
Debt-free, Cash-free Net Working Capital (DFCFNWC)	453	456	608	658	752	667	1,009	1,104	2,048	510	429
Debt-free Net Working Capital (DFNWC)	864	842	986	1,461	1,103	1,564	1,333	1,468	2,625	1,264	1,541
Net Working Capital (NWC)	714	842	986	1,461	853	1,563	981	1,167	2,222	1,261	1,541
Net Nonoperating Expense (NNE)	24	-3.76	2.89	-202	32	73	30	-4.08	-8.01	-422	44
Net Nonoperating Obligations (NNO)	335	211	830	784	1,240	840	2,603	129	206	1,137	1,770
Total Depreciation and Amortization (D&A)	129	138	169	191	205	224	226	251	205	173	197
Debt-free, Cash-free Net Working Capital to Revenue	12.78%	13.32%	16.20%	14.68%	16.77%	16.80%	26.30%	20.25%	44.64%	10.20%	8.55%
Debt-free Net Working Capital to Revenue	24.37%	24.57%	26.29%	32.62%	24.60%	39.40%	34.75%	26.94%	57.22%	25.26%	30.71%
Net Working Capital to Revenue	20.14%	24.57%	26.29%	32.62%	19.02%	39.37%	25.58%	21.41%	48.44%	25.19%	30.71%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$4.89	$3.86	$5.75	$10.09	$8.28	$5.85	$8.01	$0.00	$15.35	$28.17	$17.27
Adjusted Weighted Average Basic Shares Outstanding	64.19M	64.57M	63.07M	60.39M	56.91M	54.50M	52.50M	0.00	49.90M	46.50M	42.80M
Adjusted Diluted Earnings per Share	$4.82	$3.82	$5.71	$10.02	$8.19	$5.80	$7.91	$0.00	$15.18	$27.82	$17.12
Adjusted Weighted Average Diluted Shares Outstanding	64.19M	64.57M	63.55M	60.79M	57.55M	55M	53.20M	0.00	50.40M	47.10M	43.20M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	64.19M	64.57M	61.79M	57.28M	55.91M	53.29M	52.08M	0.00	47.75M	44.56M	40.88M
Normalized Net Operating Profit after Tax (NOPAT)	344	333	368	409	505	393	451	920	759	890	785
Normalized NOPAT Margin	9.70%	9.71%	9.82%	9.14%	11.26%	9.90%	11.76%	16.88%	16.56%	17.79%	15.63%
Pre Tax Income Margin	13.21%	11.07%	11.44%	9.95%	12.82%	10.18%	12.77%	20.62%	20.28%	22.20%	18.90%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	14.76	13.39	13.60	7.72	9.59	5.68	7.09	14.00	13.04	15.33	12.76
NOPAT to Interest Expense	10.11	8.05	10.83	6.33	7.65	4.60	5.63	10.71	10.04	12.14	9.99
EBIT Less CapEx to Interest Expense	12.64	9.84	8.90	5.85	8.25	4.56	5.41	11.87	11.16	13.79	11.09
NOPAT Less CapEx to Interest Expense	7.99	4.49	6.13	4.46	6.30	3.48	3.95	8.57	8.16	10.60	8.32
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	22.62%	33.79%	25.20%	15.30%	21.76%	35.11%	26.68%	14.55%	20.89%	13.14%	24.45%
Augmented Payout Ratio	65.53%	63.77%	98.63%	90.54%	102.58%	154.58%	101.52%	57.84%	138.17%	134.04%	199.96%

This table displays calculated financial ratios and metrics derived from Carlisle Companies' official financial filings.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
DEI Shares Outstanding	-	-	-	-	-	-	-	-	-	-	40,883,868.00
DEI Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	40,883,868.00
DEI Earnings Per Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	2.86
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-15.85%	65.52%	22.84%	10.99%	5.86%	-0.41%	-0.06%	-0.08%	1.00%	0.43%	-3.99%
EBITDA Growth	-9.22%	10.48%	45.12%	14.35%	3.58%	-14.30%	-12.56%	-8.30%	-5.52%	-4.21%	0.26%
EBIT Growth	-7.08%	26.36%	85.29%	22.04%	6.08%	-20.43%	-18.67%	-10.78%	-7.94%	-7.13%	-0.44%
NOPAT Growth	-8.21%	33.31%	90.71%	21.84%	5.77%	-9.43%	-17.97%	-8.46%	-6.93%	-18.36%	-4.02%
Net Income Growth	4.28%	17.97%	89.09%	266.08%	-8.02%	-20.78%	-25.48%	-64.09%	-12.32%	-21.74%	-10.89%
EPS Growth	9.52%	23.95%	102.55%	291.56%	-0.76%	-9.18%	-19.40%	-80.19%	-5.14%	-81.72%	-3.13%
Operating Cash Flow Growth	20.98%	-5.68%	9.29%	-17.05%	-29.18%	-4.71%	-98.90%	56.54%	36.48%	4.16%	-2,583.33%
Free Cash Flow Firm Growth	3,084.90%	-85.77%	1,113.03%	51.87%	-106.99%	-221.53%	-126.43%	-108.30%	90.03%	146.92%	134.60%
Invested Capital Growth	-41.90%	-3.75%	-41.05%	-24.75%	13.37%	18.63%	24.72%	10.84%	6.90%	-0.90%	-1.86%
Revenue Q/Q Growth	-3.61%	-10.50%	-2.75%	32.29%	-8.07%	-15.80%	-2.41%	32.28%	-7.08%	-16.27%	-6.70%
EBITDA Q/Q Growth	-4.97%	-16.79%	-9.11%	59.12%	-13.93%	-31.15%	-7.26%	66.87%	-11.33%	-30.20%	-2.93%
EBIT Q/Q Growth	-3.26%	-14.63%	-11.74%	67.45%	-15.92%	-35.97%	-9.79%	83.70%	-13.24%	-35.41%	-3.28%
NOPAT Q/Q Growth	-3.25%	-13.34%	-9.89%	61.27%	-16.01%	-25.79%	-18.38%	79.95%	-14.60%	-34.91%	-4.04%
Net Income Q/Q Growth	36.49%	-22.63%	-6.42%	270.46%	-65.71%	-33.36%	-11.98%	78.51%	-16.26%	-40.52%	0.24%
EPS Q/Q Growth	39.58%	-21.74%	-4.11%	273.80%	-64.62%	-28.38%	-14.89%	83.75%	-15.31%	-38.55%	1.31%
Operating Cash Flow Q/Q Growth	99.77%	-11.95%	-57.96%	12.17%	70.56%	18.48%	-99.51%	15,850.00%	48.69%	-9.58%	-111.58%
Free Cash Flow Firm Q/Q Growth	157.13%	-87.16%	631.92%	-37.14%	-111.84%	-123.15%	-59.18%	80.26%	85.77%	1,140.94%	18.38%
Invested Capital Q/Q Growth	-34.29%	-2.32%	1.36%	15.66%	-1.00%	2.21%	6.57%	2.79%	-4.52%	-5.33%	5.63%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	37.00%	37.22%	36.38%	39.22%	38.57%	36.11%	35.20%	37.33%	36.02%	33.75%	34.52%
EBITDA Margin	27.75%	25.80%	24.11%	29.00%	27.15%	22.20%	21.10%	26.62%	25.40%	21.18%	22.03%
Operating Margin	23.81%	22.49%	20.54%	26.02%	23.73%	19.95%	16.75%	23.11%	21.82%	16.85%	17.14%
EBIT Margin	23.76%	22.66%	20.57%	26.03%	23.81%	18.10%	16.74%	23.24%	21.70%	16.74%	17.36%
Profit (Net Income) Margin	21.08%	18.23%	17.54%	49.11%	18.32%	14.50%	13.08%	17.65%	15.90%	11.30%	12.14%
Tax Burden Percent	93.69%	84.05%	89.53%	191.20%	75.99%	80.59%	81.89%	79.05%	77.11%	73.90%	78.25%
Interest Burden Percent	94.72%	95.69%	95.26%	98.68%	101.26%	99.36%	95.42%	96.05%	95.04%	91.31%	89.38%
Effective Tax Rate	23.49%	21.60%	20.44%	23.46%	23.30%	19.60%	19.94%	21.04%	23.15%	22.62%	21.75%
Return on Invested Capital (ROIC)	17.84%	26.14%	18.88%	23.72%	27.49%	24.19%	19.41%	24.33%	23.08%	18.28%	17.55%
ROIC Less NNEP Spread (ROIC-NNEP)	20.74%	30.13%	19.98%	61.36%	27.84%	21.61%	19.02%	23.60%	22.16%	16.92%	16.85%
Return on Net Nonoperating Assets (RNNOA)	8.66%	1.72%	8.03%	22.87%	4.62%	5.48%	7.14%	10.95%	11.81%	11.54%	16.68%
Return on Equity (ROE)	26.50%	27.87%	26.90%	46.60%	32.11%	29.67%	26.56%	35.28%	34.89%	29.81%	34.24%
Cash Return on Invested Capital (CROIC)	69.79%	28.37%	72.01%	49.88%	14.90%	9.79%	2.82%	11.95%	15.76%	22.81%	22.36%
Operating Return on Assets (OROA)	13.52%	15.02%	14.32%	18.48%	17.94%	14.57%	13.84%	18.98%	16.83%	13.91%	15.10%
Return on Assets (ROA)	12.00%	12.08%	12.21%	34.86%	13.80%	11.67%	10.82%	14.41%	12.33%	9.39%	10.56%
Return on Common Equity (ROCE)	26.50%	27.87%	26.90%	46.60%	32.11%	29.67%	26.56%	35.28%	34.89%	29.81%	34.24%
Return on Equity Simple (ROE_SIMPLE)	25.18%	0.00%	30.01%	45.79%	49.02%	0.00%	58.29%	0.00%	0.00%	0.00%	0.00%
Net Operating Profit after Tax (NOPAT)	229	199	179	289	243	180	147	265	226	147	141
NOPAT Margin	18.21%	17.64%	16.34%	19.92%	18.20%	16.04%	13.41%	18.25%	16.77%	13.04%	13.41%
Net Nonoperating Expense Percent (NNEP)	-2.90%	-3.98%	-1.10%	-37.64%	-0.34%	2.57%	0.39%	0.73%	0.92%	1.35%	0.71%
Return On Investment Capital (ROIC_SIMPLE)	-	3.88%	-	-	-	4.14%	3.62%	6.59%	4.64%	3.14%	3.11%
Cost of Revenue to Revenue	63.00%	62.78%	63.62%	60.78%	61.43%	63.89%	64.80%	62.67%	63.98%	66.25%	65.48%
SG&A Expenses to Revenue	12.84%	13.98%	15.21%	13.05%	14.38%	15.58%	17.70%	13.58%	13.21%	15.66%	16.33%
R&D to Revenue	0.57%	0.71%	0.84%	0.64%	0.61%	0.78%	0.98%	0.77%	0.92%	1.14%	1.15%
Operating Expenses to Revenue	13.19%	14.73%	15.84%	13.19%	14.85%	16.16%	18.44%	14.22%	14.20%	16.90%	17.38%
Earnings before Interest and Taxes (EBIT)	299	256	226	378	318	203	183	337	292	189	183
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	350	291	264	421	362	249	231	386	342	239	232
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	4.38	5.33	6.64	6.40	7.53	6.79	7.00	7.62	7.06	7.44	8.25
Price to Tangible Book Value (P/TBV)	26.51	40.34	43.84	88.63	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	3.09	3.29	3.96	3.90	4.15	3.34	3.03	3.23	2.80	2.66	2.74
Price to Earnings (P/E)	17.41	19.64	22.13	13.99	15.35	12.74	12.01	20.19	18.27	17.19	18.36
Dividend Yield	1.21%	1.03%	0.85%	0.84%	0.79%	1.00%	1.13%	1.07%	1.25%	1.31%	1.29%
Earnings Yield	5.75%	5.09%	4.52%	7.15%	6.51%	7.85%	8.32%	4.95%	5.47%	5.82%	5.45%
Enterprise Value to Invested Capital (EV/IC)	4.82	5.53	6.74	5.56	6.12	4.96	4.39	4.56	4.21	4.25	4.18
Enterprise Value to Revenue (EV/Rev)	3.62	3.66	4.33	4.01	4.30	3.57	3.37	3.59	3.16	3.02	3.17
Enterprise Value to EBITDA (EV/EBITDA)	12.89	14.10	16.29	14.93	16.11	13.77	13.33	14.63	13.11	12.63	13.14
Enterprise Value to EBIT (EV/EBIT)	16.07	17.02	19.02	17.10	18.33	15.89	15.57	17.26	15.59	15.11	15.74
Enterprise Value to NOPAT (EV/NOPAT)	21.12	22.10	24.54	22.08	23.71	20.06	19.63	21.56	19.38	19.29	20.23
Enterprise Value to Operating Cash Flow (EV/OCF)	12.24	13.97	17.06	16.81	20.56	17.33	19.39	18.49	14.58	13.74	14.93
Enterprise Value to Free Cash Flow (EV/FCFF)	5.08	19.12	6.94	9.58	43.64	55.00	172.78	40.12	27.58	18.53	18.54
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.78	0.81	0.80	0.76	0.83	0.77	0.87	0.89	1.45	1.61	1.74
Long-Term Debt to Equity	0.78	0.67	0.66	0.63	0.68	0.77	0.87	0.89	1.45	1.61	1.74
Financial Leverage	0.42	0.06	0.40	0.37	0.17	0.25	0.38	0.46	0.53	0.68	0.99
Leverage Ratio	2.44	2.36	2.33	2.30	2.34	2.35	2.41	2.39	2.72	2.84	3.00
Compound Leverage Factor	2.31	2.26	2.22	2.27	2.37	2.33	2.30	2.30	2.59	2.59	2.68
Debt to Total Capital	43.87%	44.73%	44.47%	43.26%	45.32%	43.42%	46.60%	47.14%	59.11%	61.61%	63.56%
Short-Term Debt to Total Capital	0.04%	7.87%	7.82%	7.61%	7.98%	0.07%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	43.83%	36.86%	36.65%	35.65%	37.35%	43.35%	46.60%	47.14%	59.11%	61.61%	63.56%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	56.13%	55.27%	55.53%	56.74%	54.68%	56.58%	53.40%	52.86%	40.89%	38.39%	36.44%
Debt to EBITDA	1.97	1.92	1.80	1.73	1.71	1.46	1.50	1.54	2.38	2.41	2.41
Net Debt to EBITDA	1.87	1.44	1.36	0.42	0.57	0.88	1.32	1.48	1.47	1.48	1.76
Long-Term Debt to EBITDA	1.96	1.58	1.48	1.42	1.41	1.46	1.50	1.54	2.38	2.41	2.41
Debt to NOPAT	3.22	3.01	2.71	2.56	2.52	2.12	2.20	2.27	3.52	3.67	3.70
Net Debt to NOPAT	3.07	2.26	2.06	0.62	0.84	1.28	1.95	2.19	2.17	2.26	2.71
Long-Term Debt to NOPAT	3.22	2.48	2.23	2.11	2.08	2.12	2.20	2.27	3.52	3.67	3.70
Altman Z-Score	4.34	4.80	5.47	5.73	6.07	5.86	5.77	5.94	4.71	4.63	4.84
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	4.18	2.87	2.95	2.89	2.73	2.89	2.58	2.19	3.25	3.09	3.38
Quick Ratio	1.00	1.00	1.07	2.42	2.18	2.00	1.55	1.36	2.46	2.32	2.43
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	2,470	317	2,321	1,459	-173	-385	-614	-121	-17	179	212
Operating Cash Flow to CapEx	1,220.17%	1,083.29%	503.08%	736.55%	1,620.73%	1,012.57%	6.21%	996.88%	1,274.33%	967.42%	-157.95%
Free Cash Flow to Firm to Interest Expense	127.34	17.05	124.79	77.61	-9.29	-22.28	-41.45	-8.24	-0.81	6.47	7.50
Operating Cash Flow to Interest Expense	22.77	20.91	8.79	9.76	16.82	21.42	0.12	19.53	20.04	13.94	-1.58
Operating Cash Flow Less CapEx to Interest Expense	20.90	18.98	7.04	8.43	15.78	19.31	-1.84	17.57	18.47	12.49	-2.58
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.57	0.66	0.70	0.71	0.75	0.80	0.83	0.82	0.78	0.83	0.87
Accounts Receivable Turnover	4.45	7.45	6.70	5.30	6.39	8.37	7.15	5.60	6.37	8.56	7.15
Inventory Turnover	4.45	6.71	5.13	6.01	7.25	7.47	6.73	6.81	6.78	7.02	6.34
Fixed Asset Turnover	5.84	7.30	6.41	6.75	7.72	7.32	7.19	6.98	6.90	6.61	6.41
Accounts Payable Turnover	6.47	11.38	8.78	8.10	9.47	12.30	9.83	8.99	10.28	13.06	10.18
Days Sales Outstanding (DSO)	81.94	48.96	54.52	68.91	57.11	43.59	51.08	65.14	57.26	42.66	51.03
Days Inventory Outstanding (DIO)	81.94	54.37	71.18	60.75	50.36	48.87	54.22	53.63	53.87	52.02	57.53
Days Payable Outstanding (DPO)	56.42	32.08	41.57	45.06	38.52	29.67	37.13	40.59	35.50	27.94	35.86
Cash Conversion Cycle (CCC)	107.46	71.26	84.12	84.60	68.95	62.79	68.17	78.18	75.63	66.75	72.70
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	3,107	3,035	3,076	3,558	3,523	3,600	3,837	3,944	3,766	3,565	3,766
Invested Capital Turnover	0.98	1.48	1.16	1.19	1.51	1.51	1.45	1.33	1.38	1.40	1.31
Increase / (Decrease) in Invested Capital	-2,241	-118	-2,142	-1,170	415	566	761	386	243	-32	-71
Enterprise Value (EV)	14,989	16,784	20,728	19,795	21,557	17,856	16,842	17,974	15,837	15,135	15,752
Market Capitalization	12,812	15,071	18,991	19,241	20,798	16,719	15,172	16,151	14,063	13,366	13,640
Book Value per Share	$58.57	$58.11	$59.82	$63.11	$59.75	$54.34	$48.62	$49.03	$46.59	$42.97	$40.44
Tangible Book Value per Share	$9.68	$7.67	$9.06	$4.56	($0.11)	($11.46)	($18.39)	($20.78)	($23.18)	($27.98)	($31.24)
Total Capital	5,209	5,118	5,149	5,294	5,053	4,354	4,057	4,012	4,871	4,677	4,537
Total Debt	2,286	2,289	2,290	2,290	2,290	1,891	1,891	1,892	2,879	2,882	2,884
Total Long-Term Debt	2,283	1,887	1,887	1,887	1,887	1,887	1,891	1,892	2,879	2,882	2,884
Net Debt	2,178	1,713	1,737	554	760	1,137	1,670	1,823	1,774	1,770	2,112
Capital Expenditures (CapEx)	36	36	33	25	19	37	29	29	34	40	28
Debt-free, Cash-free Net Working Capital (DFCFNWC)	2,676	2,048	2,139	729	715	510	718	761	613	429	660
Debt-free Net Working Capital (DFNWC)	2,784	2,625	2,692	2,465	2,246	1,264	939	830	1,718	1,541	1,431
Net Working Capital (NWC)	2,781	2,222	2,289	2,062	1,843	1,261	939	830	1,718	1,541	1,431
Net Nonoperating Expense (NNE)	-36	-6.67	-13	-423	-1.61	17	3.68	8.70	12	20	13
Net Nonoperating Obligations (NNO)	183	206	217	554	760	1,137	1,670	1,823	1,774	1,770	2,112
Total Depreciation and Amortization (D&A)	50	35	39	43	45	46	48	49	50	50	49
Debt-free, Cash-free Net Working Capital to Revenue	64.62%	44.64%	44.65%	14.77%	14.28%	10.20%	14.36%	15.22%	12.23%	8.55%	13.26%
Debt-free Net Working Capital to Revenue	67.23%	57.22%	56.18%	49.96%	44.85%	25.26%	18.76%	16.59%	34.26%	30.71%	28.76%
Net Working Capital to Revenue	67.17%	48.44%	47.77%	41.80%	36.80%	25.19%	18.76%	16.59%	34.26%	30.71%	28.76%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$5.35	$4.18	$4.02	$15.03	$5.31	$3.81	$3.23	$5.93	$5.02	$3.09	$3.12
Adjusted Weighted Average Basic Shares Outstanding	49.50M	49.90M	47.80M	47.30M	45.90M	46.50M	44.30M	43M	42.50M	42.80M	40.80M
Adjusted Diluted Earnings per Share	$5.29	$4.14	$3.97	$14.84	$5.25	$3.76	$3.20	$5.88	$4.98	$3.06	$3.10
Adjusted Weighted Average Diluted Shares Outstanding	50.10M	50.40M	48.40M	47.90M	46.50M	47.10M	44.70M	43.40M	42.90M	43.20M	41.10M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	48.68M	47.75M	47.60M	46.24M	45.33M	44.56M	43.25M	42.75M	41.79M	40.88M	40.47M
Normalized Net Operating Profit after Tax (NOPAT)	229	199	179	289	243	180	147	265	226	147	141
Normalized NOPAT Margin	18.21%	17.64%	16.34%	19.92%	18.20%	16.04%	13.41%	18.25%	16.77%	13.04%	13.41%
Pre Tax Income Margin	22.50%	21.69%	19.59%	25.69%	24.11%	17.99%	15.97%	22.32%	20.63%	15.29%	15.51%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	15.43	13.74	12.12	20.09	17.07	11.75	12.39	22.92	13.72	6.82	6.45
NOPAT to Interest Expense	11.83	10.69	9.63	15.37	13.05	10.41	9.93	17.99	10.60	5.31	4.99
EBIT Less CapEx to Interest Expense	13.56	11.81	10.38	18.76	16.03	9.64	10.43	20.96	12.15	5.38	5.45
NOPAT Less CapEx to Interest Expense	9.96	8.76	7.89	14.05	12.01	8.29	7.97	16.03	9.03	3.87	3.99
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	21.48%	20.89%	18.99%	11.98%	12.43%	13.14%	13.95%	22.20%	23.23%	24.45%	25.04%
Augmented Payout Ratio	127.29%	138.17%	135.54%	110.10%	122.15%	134.04%	159.33%	218.92%	206.17%	199.96%	183.64%

Financials Breakdown Chart

Key Financial Trends

Carlisle Companies (NYSE: CSL) has shown meaningful top‑line growth and solid cash generation over the last four years, but 2025 brought margin pressure and a notable shift in the balance sheet toward higher leverage and equity actions. Below are the key trend points based on quarterly data from 2022 through 2025.

Revenue growth over four years: Operating revenue rose from about $681.2 million in 2022 Q4 to roughly $1.127 billion in 2025 Q4, signaling substantial top‑line expansion.
Robust operating cash flow: Net cash from continuing operating activities remained strong, with 2025 Q3 peaking around $426.9 million and 2025 Q4 at about $386 million.
Healthy near‑term liquidity: Cash and cash equivalents jumped to about $1.10 billion by 2025 Q3, improving liquidity versus earlier quarters.
Dividend per share maintained: Cash dividends per share were around $1.10 in 2025 (per‑share payout stability supports income investors).
Moderate capex cadence: Purchase of property, plant & equipment typically in the $28–$40 million per quarter range, indicating ongoing capacity investment without extreme capital outlays.
Share count dynamics: Weighted average shares outstanding declined in 2025 (e.g., basic ~42.8–46.5 million across periods), which can help elevate per‑share metrics even if net income is relatively flat.
Margin trend hints: Gross margin slipped from about 36% in 2024 Q4 to roughly 33.8% in 2025 Q4, and operating margin cooled from the high‑teens to around 17% in late 2025, indicating margin pressure to watch.
Long‑term debt expanded in 2025: Long‑term debt rose to about $2.878 billion in 2025 Q3 from roughly $1.89 billion earlier in 2025, increasing leverage concerns.
Treasury stock impact on equity base: Treasury stock was reported as a large negative balance (equity reduction) in 2025 Q3, signaling sizable buybacks that reduced total equity and may affect capital structure perceptions.
EPS pressure from 2024 → 2025: Diluted earnings per share declined to about $3.06 in 2025 Q4 from roughly $3.76 in 2024 Q4, highlighting revenue/margin headwinds and/or higher share count effects on quarterly EPS.

05/05/26 12:01 PM ETAI Generated. May Contain Errors.

Frequently Asked Questions About Carlisle Companies' Financials

When does Carlisle Companies' fiscal year end?

According to the most recent income statement we have on file, Carlisle Companies' financial year ends in December. Their financial year 2025 ended on December 31, 2025.

How has Carlisle Companies' net income changed over the last 10 years?

Carlisle Companies' net income appears to be on an upward trend, with a most recent value of $740.70 million in 2025, rising from $319.70 million in 2015. The previous period was $1.31 billion in 2024. View Carlisle Companies' forecast to see where analysts expect Carlisle Companies to go next.

What is Carlisle Companies' operating income?

Carlisle Companies' total operating income in 2025 was $1.00 billion, based on the following breakdown:

Total Gross Profit: $1.79 billion
Total Operating Expenses: $790.10 million

How has Carlisle Companies' revenue changed over the last 10 years?

Over the last 10 years, Carlisle Companies' total revenue changed from $3.54 billion in 2015 to $5.02 billion in 2025, a change of 41.7%.

How much debt does Carlisle Companies have?

Carlisle Companies' total liabilities were at $4.47 billion at the end of 2025, a 33.2% increase from 2024, and a 178.6% increase since 2015.

How much cash does Carlisle Companies have?

In the past 10 years, Carlisle Companies' cash and equivalents has ranged from $324.40 million in 2021 to $1.11 billion in 2025, and is currently $1.11 billion as of their latest financial filing in 2025.

How has Carlisle Companies' book value per share changed over the last 10 years?

Over the last 10 years, Carlisle Companies' book value per share changed from 36.11 in 2015 to 42.97 in 2025, a change of 19.0%.

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Financial statements for NYSE:CSL last updated on 4/27/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.

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Carlisle Companies (CSL) Financials

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