Latest Ratios: P/E Ratio 20.7x · EV/EBITDA 14.5x · ROE 34.8%. (1996–2025 historical series)
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $15.2B | $13.8B | $17.4B | $15.7B | $12.4B | $13.2B | $8.6B | $9.3B | $6.1B | $7.2B | $7.2B |
| Enterprise Value | $17.0B | $15.6B | $18.6B | $17.5B | $14.6B | $15.9B | $9.8B | $10.6B | $6.9B | $8.4B | $7.4B |
| P/E Ratio → | 20.71 | 18.68 | 13.22 | 20.58 | 13.42 | 31.37 | 26.93 | 19.76 | 10.03 | 19.90 | 28.87 |
| P/S Ratio | 2.92 | 2.75 | 3.47 | 3.43 | 2.27 | 3.44 | 2.16 | 2.08 | 1.36 | 1.93 | 2.09 |
| P/B Ratio | 9.04 | 7.70 | 7.05 | 5.57 | 4.09 | 5.02 | 3.38 | 3.52 | 2.35 | 2.86 | 2.90 |
| P/FCF | 20.26 | 14.24 | 18.37 | 14.78 | 15.14 | 45.21 | 14.20 | 15.16 | 27.96 | 24.17 | 16.94 |
| P/OCF | 13.80 | 12.54 | 16.40 | 13.04 | 12.36 | 30.93 | 12.27 | 13.25 | 18.01 | 15.75 | 13.47 |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 3.11 | 3.72 | 3.81 | 2.68 | 4.14 | 2.48 | 2.37 | 1.54 | 2.25 | 2.15 |
| EV / EBITDA | 14.52 | 13.03 | 14.14 | 14.73 | 10.05 | 19.84 | 13.80 | 12.65 | 9.85 | 13.32 | 13.59 |
| EV / EBIT | 16.97 | 15.17 | 15.72 | 17.39 | 12.09 | 27.83 | 20.44 | 16.56 | 13.50 | 18.21 | 17.92 |
| EV / FCF | — | 16.06 | 19.68 | 16.42 | 17.90 | 54.34 | 16.25 | 17.28 | 31.55 | 28.21 | 17.44 |
Margins and return-on-capital ratios measuring operating efficiency
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 35.7% | 35.7% | 37.7% | 35.6% | 34.2% | 28.6% | 28.7% | 29.1% | 26.2% | 27.9% | 31.7% |
| Operating Margin | 19.9% | 19.9% | 22.8% | 21.4% | 22.1% | 14.9% | 12.3% | 14.1% | 11.4% | 12.4% | 11.8% |
| Net Profit Margin | 14.8% | 14.8% | 26.2% | 16.7% | 17.0% | 11.0% | 8.1% | 10.5% | 13.6% | 9.7% | 7.3% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 34.8% | 34.8% | 49.6% | 26.2% | 32.7% | 16.3% | 12.4% | 18.0% | 23.8% | 14.6% | 10.4% |
| ROA | 12.3% | 12.3% | 21.1% | 11.1% | 12.8% | 6.4% | 5.6% | 8.8% | 11.6% | 7.9% | 6.3% |
| ROIC | 20.6% | 20.6% | 20.7% | 15.0% | 17.1% | 9.5% | 9.5% | 13.0% | 10.7% | 10.9% | 11.3% |
| ROCE | 18.7% | 18.7% | 21.6% | 17.0% | 19.7% | 10.2% | 9.9% | 13.7% | 11.0% | 11.5% | 11.9% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 1.60 | 1.60 | 0.81 | 0.82 | 0.87 | 1.14 | 0.84 | 0.63 | 0.61 | 0.63 | 0.24 |
| Debt / EBITDA | 2.41 | 2.41 | 1.51 | 1.96 | 1.80 | 3.74 | 3.00 | 1.97 | 2.27 | 2.51 | 1.10 |
| Net Debt / Equity | — | 0.99 | 0.50 | 0.62 | 0.75 | 1.01 | 0.49 | 0.49 | 0.30 | 0.48 | 0.09 |
| Net Debt / EBITDA | 1.48 | 1.48 | 0.94 | 1.47 | 1.55 | 3.34 | 1.74 | 1.55 | 1.12 | 1.91 | 0.39 |
| Debt / FCF | — | 1.82 | 1.31 | 1.64 | 2.76 | 9.13 | 2.05 | 2.12 | 3.59 | 4.04 | 0.50 |
| Interest Coverage | 13.09 | 13.09 | 16.16 | 13.31 | 14.08 | 7.10 | 6.28 | 9.70 | 7.89 | 13.62 | 12.89 |
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 3.09 | 3.09 | 2.89 | 2.87 | 2.08 | 1.84 | 3.42 | 1.95 | 3.45 | 2.50 | 2.64 |
| Quick Ratio | 2.49 | 2.49 | 2.18 | 2.57 | 1.60 | 1.32 | 2.75 | 1.38 | 2.69 | 1.73 | 1.90 |
| Cash Ratio | 1.51 | 1.51 | 1.13 | 0.49 | 0.34 | 0.28 | 1.39 | 0.39 | 1.35 | 0.57 | 0.75 |
| Asset Turnover | — | 0.80 | 0.86 | 0.69 | 0.75 | 0.53 | 0.68 | 0.82 | 0.85 | 0.71 | 0.86 |
| Inventory Turnover | 7.22 | 7.22 | 6.59 | 8.16 | 6.92 | 4.53 | 6.55 | 6.23 | 7.22 | 5.32 | 6.20 |
| Days Sales Outstanding | — | 43.18 | 42.29 | 48.96 | 41.21 | 84.36 | 58.74 | 63.73 | 56.90 | 60.89 | 54.52 |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 1.1% | 1.3% | 1.0% | 1.0% | 1.1% | 0.9% | 1.3% | 1.1% | 1.5% | 1.3% | 1.2% |
| Payout Ratio | 24.4% | 24.4% | 13.1% | 20.9% | 14.5% | 26.7% | 35.1% | 21.8% | 15.3% | 25.2% | 33.8% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 4.8% | 5.4% | 7.6% | 4.9% | 7.5% | 3.2% | 3.7% | 5.1% | 10.0% | 5.0% | 3.5% |
| FCF Yield | 4.9% | 7.0% | 5.4% | 6.8% | 6.6% | 2.2% | 7.0% | 6.6% | 3.6% | 4.1% | 5.9% |
| Buyback Yield | 8.6% | 9.4% | 9.1% | 5.7% | 3.2% | 2.4% | 4.5% | 4.1% | 7.5% | 3.7% | 1.0% |
| Total Shareholder Yield | 9.7% | 10.7% | 10.1% | 6.7% | 4.3% | 3.2% | 5.8% | 5.2% | 9.1% | 5.0% | 2.2% |
| Shares Outstanding | — | $43M | $47M | $50M | $53M | $53M | $55M | $58M | $61M | $64M | $65M |
Includes 30+ ratios · 30 years · Updated daily
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Quick answers to the most common questions about buying CSL stock.
Carlisle Companies Incorporated's current P/E ratio is 20.7x. The historical average is 20.4x. This places it at the 67th percentile of its historical range.
Carlisle Companies Incorporated's current EV/EBITDA is 14.5x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 10.6x.
Carlisle Companies Incorporated's return on equity (ROE) is 34.8%. This is above the typical threshold of 15-20% considered good for most companies. The historical average is 17.9%.
Based on historical data, Carlisle Companies Incorporated is trading at a P/E of 20.7x. This is at the 67th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
Carlisle Companies Incorporated's current dividend yield is 1.12% with a payout ratio of 24.4%.
Carlisle Companies Incorporated has 35.7% gross margin and 19.9% operating margin. Operating margin between 10-20% is typical for established companies.
Carlisle Companies Incorporated's Debt/EBITDA ratio is 2.4x, indicating moderate leverage. A ratio between 2-4x is manageable but warrants monitoring.
Key Metrics
Top Statement Risk
Leverage rising from buyback-driven equity erosion
Metrics are mathematically derived from official filings.
Premium Multiple Versus Peers Lacks Growth Support
Based on reported figures, CSL trades at a 22.14 trailing P/E and 14.29 EV/EBITDA, a premium to Owens Corning and Trex on EBITDA yet below Installed Building and Armstrong on earnings multiples, leaving its valuation sensitive to whether recent growth proves durable.
The forward P/E of 18.20 and PEG of 0.92 suggest the market is pricing in earnings growth that the ratio series only partially confirms, given that ROIC has moved between 3.7% and 7.0% over ten quarters. Relative to its own history, the multiple appears elevated for a business whose operating margin compressed from 26.0% to 20.0%, so investors should monitor whether the Q2 2026 beat marks a sustained re-rating or a cyclical peak.
Margin Compression Outweighs Recent Recovery
According to the reported quarterly series, operating margin fell from 26.0% in 2024Q2 to 20.0% in 2026Q3 while gross margin peaked near 39.2%, suggesting pricing and mix gains have not fully offset cost pressure over the period.
Net margin in 2024Q2 of 49.1% is an outlier driven by non-operating items rather than core earnings, so operating margin is the more reliable gauge of earning power. The gap between gross and operating margin has widened as SG&A stayed contained, which points to limited operating leverage on incremental revenue and warrants monitoring of input cost pass-through.
ROIC Recovering From Trough but Below Peak
As reported in the ratio history, ROIC rebounded from 3.7% in 2025Q1 to 7.0% in 2026Q2 before easing to 5.8%, while ROE swung more widely because of a shrinking equity base from repurchases.
The ROIC trajectory suggests the business is recovering returns on invested capital rather than compounding them, with asset turnover near 0.2x indicating capital intensity that limits return potential. ROE figures are inflated relative to ROIC by reduced book equity, so ROIC is the more faithful measure of underlying capital productivity.
Coverage Strong Despite Rising Debt-to-Equity
Based on reported figures, D/E climbed from 0.76 to 2.01 across the period while interest coverage remained between roughly 6.8x and 23.0x, indicating that headline leverage rose faster than debt service burden.
The rise in D/E appears driven by shrinking equity from buybacks rather than by rapid debt accumulation, since total debt has held near $2.9B. Coverage has thinned at the margin in recent quarters, and investors should monitor refinancing exposure and whether the cash drawdown from $1.1B to $546.7M reduces flexibility.
Liquidity Ample but Declining Cash Cushion
According to reported quarterly figures, current ratio eased from 3.38 to 2.40 and quick ratio from 2.62 to 1.80 over recent quarters, with cash falling to $546.7M, suggesting liquidity remains adequate but is less buffered than before.
Quick ratios above 1.8 indicate that inventory dependence is modest, so a severe stress scenario would rely more on receivable collection than on inventory liquidation. Given working capital swings of several hundred million dollars between quarters, the trend warrants monitoring rather than being read as a structural weakness.
Misapplied Metric: Headline Debt-to-Equity
Based on reported quarterly balance sheets, the 2.01 D/E ratio may overstate financial risk because it reflects depleted book equity from buybacks rather than an unusually large debt load relative to earnings power.
Book equity fell from $3.0B to $1.4B while total debt held near $2.9B, so D/E is primarily a function of capital returns rather than leverage taken on to fund operations. Investors may instead prefer net debt to EBITDA or interest coverage, which better capture debt service capacity, and should monitor whether the cash drawdown from $1.1B to $546.7M narrows that flexibility.