公司概述
Carlisle Companies Incorporated functions as a leading manufacturer and supplier of building envelope products and solutions, serving markets across the United States, Europe, North America, and internationally. The firm operates primarily within the Industrials sector, specifically the Building Products & Equipment industry, which encompasses the production of materials essential for construction and infrastructure projects. With a market capitalization of $14.33B, an annual revenue of $5.02B, and a workforce of 5900 employees, the company represents a significant entity in its domain. These valuation and revenue figures indicate that Carlisle maintains a substantial market presence, positioning it as a major player capable of influencing supply chain dynamics within the global building materials landscape.
财务健康
The company reported a total revenue of $5.02B and generated a net income of $741.00M, while its EBITDA stood at $1.20B. The substantial gap between the $5.02B revenue and the $741.00M net income reveals a cost structure where operating expenses, taxes, and interest collectively consume approximately 85.2% of gross sales before arriving at the bottom line. The firm produced $749.57M in free cash flow, a metric that signifies robust financial flexibility allowing for capital expenditures, debt reduction, or potential share buybacks without immediate reliance on external financing. Operating margins of 16.5%, gross margins of 35.7%, and profit margins of 14.8% collectively indicate efficient cost management relative to sales volume, though the disparity between gross and operating margins highlights significant overhead costs. On the balance sheet, Carlisle holds $1.11B in cash against $3.02B in total debt, resulting in a debt-to-equity ratio of 168.32% which suggests a leveraged capital structure rather than a conservative one. Despite the leverage, the current ratio of 3.09 indicates a strong ability to meet short-term obligations with its liquid assets. Furthermore, a return on equity of 34.9% and a return on assets of 10.4% demonstrate that management is generating significant returns on shareholder capital and utilizing assets efficiently to drive profitability.
估值评估
Carlisle Companies Incorporated trades with a trailing P/E ratio of 20.41 and a forward P/E of 14.98, implying that the market expects earnings to increase significantly in the coming year to justify the lower forward multiple. The price-to-book ratio of 7.99 indicates that the market values the company at nearly eight times its book value, reflecting a substantial premium assigned to its intangible assets, brand strength, or growth potential beyond tangible net worth. Alternative valuation metrics such as a price-to-sales ratio of 2.85 and an EV/EBITDA of 13.51 suggest that investors are willing to pay a premium for sales revenue and earnings before interest, taxes, depreciation, and amortization compared to the broader industrial sector average. The stock has traded between a 52-week low of $293.43 and a high of $435.92; depending on the current share price, the security is positioned within this historical range, potentially offering entry points near the lower end or exposure to upside toward the high. A beta of 0.95 indicates that the stock's price volatility is slightly lower than the broader market, suggesting it may act as a slightly defensive holding within an equity portfolio.
Growth & Income
Revenue growth year-over-year is recorded at 0.4%, while earnings growth year-over-year is -14.6%, indicating that earnings are currently shrinking at a significantly faster rate than revenue, which points to margin compression or one-time costs affecting the bottom line. As a dividend payer, the company offers a dividend yield of 1.2% with a payout ratio of 24.5%, a low ratio that suggests the dividend is highly sustainable even in the face of declining earnings growth. Given the recent negative earnings growth, the low payout ratio provides a buffer, allowing the firm to maintain shareholder returns without jeopardizing financial stability or needing to cut the dividend. Overall, the growth and income profile presents a scenario of flat revenue expansion offset by earnings contraction, supported by a modest but secure dividend yield that compensates for the lack of capital appreciation momentum.