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Carlisle Companies Inc. (CSL) is a global diversified firm engaged in the design, manufacture, and marketing of a wide range of products catering to a broad array of niche markets. These include commercial roofing, energy, agriculture, mining, construction, aerospace and defense electronics, foodservice, healthcare, and sanitary maintenance.
Organized into two principal segments, Carlisle Construction Materials and Carlisle Weatherproofing Technologies, the company offers an extensive portfolio that includes moisture protection products, protective roofing underlayments, integrated air and vapor barriers, spray polyurethane foam and coating systems, among others. The Carlisle Construction Materials segment represents the bulk of the company's revenue, with more than half of their total revenue generated in the United States.
Known for its innovative approach, Carlisle Companies excels in delivering product solutions that address the unique challenges faced by its customers. This dedication is reflected in the diverse range of industries they serve and their continued focus on quality and customer service.
In 2013, Carlisle Companies had net sales of $2.9 billion, showcasing the significant impact of their global team of employees. The company's strategic direction is driven by decentralized operating units, each led by entrepreneurial management teams committed to enhancing the Carlisle brand's value.
Recent achievements and ongoing projects further underline Carlisle's commitment to excellence. Among these, the development of advanced roofing and weatherproofing technologies stands out, ensuring that the company remains a key player in the commercial building industry.
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Armstrong World Industries, Inc. appoints Dawn Kirchner-King as SVP, chief human resources officer, bringing over 30 years of experience to lead the company's people strategy and foster a culture of excellence and inclusivity.
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Carlisle Companies Incorporated (NYSE:CSL) has announced the acquisition of MTL Holdings for $410 million in cash, positioning Carlisle as a leader in the $4B architectural metal segment. The purchase is expected to add approximately $0.60 of adjusted EPS in 2025 and generate cost synergies of $13 million within the first three years. MTL, a provider of pre-fabricated edge metal for commercial roofing systems, brings a strong management team and a premium portfolio to Carlisle, enhancing its position in the industry.
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Carlisle Companies Incorporated (NYSE:CSL) reported record 4th quarter results with GAAP diluted EPS of $3.91 and adjusted EPS of $4.17, revenues of $1.1 billion, and operating margin of 22.5%. The company launched Vision 2030 strategy, signed an agreement to sell CIT, and announced a 2024 outlook with mid-single-digit revenue growth and expanding EBITDA margins. The fourth quarter 2023 revenue decreased 1.9% year-over-year, and the company expects combined benefits from a backlog of roofing projects and tailwinds from prior-year customer destocking to help mitigate potential macro-economic risks.
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Carlisle Companies Incorporated (NYSE:CSL) announced that its Sikeston, Missouri facility received the first-ever LEED Platinum v4 certification in North America for a manufacturing facility. The facility delivers a 38% improvement in building performance while generating over 10% of its energy used through renewable solar power. The company's commitment to Vision 2030 sustainability objectives is evident in this investment, showcasing its dedication to manufacturing energy-efficient products, reducing operational emissions, and diverting landfill waste. Carlisle's focus on providing innovative, energy-efficient building products and solutions to the commercial and residential construction markets is highlighted through the utilization of products like Sure-Weld® EXTRA TPO White Roofing Membrane, SecurShield® HD Composite Polyiso Insulation, and Barrithane™ Air and Vapor Barriers in the construction of this LEED Platinum v4 certified manufacturing facility.
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Carlisle Companies Incorporated (CSL) has announced a dividend of $0.85 per share, payable on March 1, 2024, to shareholders of record at the close of business on February 16, 2024.
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Amphenol Corporation (NYSE: APH) announced the acquisition of Carlisle Interconnect Technologies for $2.025 billion in cash, adding leading capabilities in harsh environment interconnect solutions. The acquisition is expected to accelerate long-term growth in the commercial air, defense, and industrial markets and be accretive to Amphenol's earnings per share in the first year post-closing. The acquisition will be financed through a combination of cash on hand and existing credit and commercial paper facilities, with the transaction expected to be completed by the end of the second quarter of 2024, subject to regulatory approvals and other closing conditions.
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Carlisle Companies Incorporated (CSL) has announced the sale of Carlisle Interconnect Technologies (CIT) to Amphenol Corporation (APH) in a $2.025 billion transaction. The sale aligns with CSL's Vision 2030 strategy to pivot to a premier pure play building products company. The transaction is expected to close by the end of the second quarter of 2024, subject to regulatory clearances and closing adjustments.
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Carlisle Companies Incorporated (NYSE:CSL) is set to release its fourth quarter 2023 results on February 6, 2024. The company has scheduled a conference call to discuss the results, which can be accessed via webcast or telephone. An audio replay will also be available on the company's website.
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Carlisle Companies Incorporated (CSL) CEO Chris Koch named member of Business Roundtable, an association of over 200 CEOs. Business Roundtable works with policymakers to advance economic policies. Koch has been with Carlisle since 2016.
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Carlisle Companies Incorporated (NYSE:CSL) has released its Vision 2030 strategy and financial targets, aiming for an Adjusted EPS of $40+ and ROIC of 25%+, leveraging mega trends around energy efficiency, labor savings, and the re-roofing cycle. The company plans to drive above-market growth driven by innovation, the Carlisle Experience, and COS. The Vision 2030 plan builds on Carlisle’s record of success and strategic pivot to a pure play building products portfolio, introducing highly attractive and achievable financial targets.
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FAQ
What is the current stock price of Carlisle Companies (CSL)?
The current stock price of Carlisle Companies (CSL) is $450.925 as of November 8, 2024.
What is the market cap of Carlisle Companies (CSL)?
The market cap of Carlisle Companies (CSL) is approximately 21.0B.
What does Carlisle Companies Inc. specialize in?
Carlisle Companies Inc. specializes in designing, manufacturing, and marketing a wide range of products for niche markets such as commercial roofing, energy, agriculture, mining, construction, aerospace, foodservice, healthcare, and sanitary maintenance.
How is Carlisle Companies Inc. organized?
Carlisle Companies Inc. is organized into two primary segments: Carlisle Construction Materials and Carlisle Weatherproofing Technologies.
Where does Carlisle Companies generate most of its revenue?
Most of Carlisle Companies' revenue comes from the Carlisle Construction Materials segment, with more than half of the total revenue earned in the United States.
What kind of products does Carlisle Companies offer?
Carlisle Companies' product portfolio includes moisture protection products, protective roofing underlayments, integrated air and vapor barriers, spray polyurethane foam and coating systems, among others.
How much did Carlisle Companies earn in net sales in 2013?
In 2013, Carlisle Companies reported net sales of $2.9 billion.
What markets does Carlisle Companies serve?
Carlisle Companies serves a variety of niche markets including commercial roofing, energy, agriculture, mining, construction, aerospace and defense electronics, foodservice, healthcare, and sanitary maintenance.
What drives Carlisle Companies’ business strategy?
Carlisle Companies’ business strategy is driven by decentralized operating units, each led by entrepreneurial management teams focused on enhancing the value of the Carlisle brand.
What are some recent achievements of Carlisle Companies?
Recent achievements of Carlisle Companies include advancements in roofing and weatherproofing technologies, reinforcing their position in the commercial building industry.
What is Carlisle Companies' approach to customer service?
Carlisle Companies is dedicated to delivering the highest quality products and providing unparalleled customer service across the many industries they serve.
What is Carlisle Companies' impact on the global market?
With a significant portion of revenue generated in the United States, Carlisle Companies has a global impact, driven by their diverse product offerings and commitment to innovation and quality.
Carlisle Companies, Inc.
NYSE:CSL
CSL Rankings
CSL Stock Data
21.04B
46.24M
0.95%
93.1%
1.95%
Building Products & Equipment
Fabricated Rubber Products, Nec
United States of America
SCOTTSDALE