# Carlisle Companies, Inc. (CSL) — Stock CV

Carlisle Companies, Inc. 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.

> 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.

## Identity

- **Ticker**: CSL
- **Sector**: Industrials
- **Industry**: Building Products & Equipment
- **Headquarters**: SCOTTSDALE, AZ
- **Employees**: 5 900
- **Website**: https://www.carlisle.com
- **Market cap**: $12.7B
- **Last price**: $320.36
- **Financial profile**: Strong

## Vitals (TTM)

- **Revenue**: $5.10B
- **Net income**: $725M
- **Free cash flow**: $867M
- **Net debt**: $1.77B
- **P/E**: 17.6
- **Revenue growth (YoY)**: 1.9%

## Skills (profile scores, 0–100)

| Pillar | Score |
|---|---|
| Valuation | 80 |
| Growth | 71 |
| Profitability | 65 |
| Health | 87 |
| Quality | 90 |
| Moat | 62 |

## Qualifications (beginner checklist) — 10 of 11 passed

- [x] Revenue growing — +1.9% YoY
- [x] Profitable — $725M TTM
- [ ] Profit growing — -0.9% YoY
- [x] Generates cash — $867M TTM
- [x] Debt under control — ~2.0y of cash flow to repay
- [x] Established company — $12.7B market cap
- [x] Not printing shares — -21.5% shares over ~5y
- [x] Proven track record — 10/10 profitable years
- [x] Financially stable — Altman Z 4.4 — safe
- [x] Pays a dividend — yield 1.44%
- [x] Valuation not extreme — P/E 17.6

## Experience (career milestones)

- **FY2024** — Best year on record: $1.31B net income
- **FY2016** — Profitable every year on record: 10 consecutive profitable years in our data
- **FY2016** — Revenue already above $1B: $3.68B in first reported year
- **FY2016** — Positive free cash flow every year since: 10-year streak

## 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

- None stand out in the data.

## Track record

| Year | Revenue | Net income | Free cash flow |
|---|---|---|---|
| FY2021 | $4.81B | $422M | $287M |
| FY2022 | $6.59B | $924M | $817M |
| FY2023 | $4.59B | $767M | $1.06B |
| FY2024 | $5.00B | $1.31B | $917M |
| FY2025 | $5.02B | $741M | $971M |

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Source: https://stockcv.com/CSL — derived from company filings; may be delayed or incomplete. Information, not investment advice.