CARLISLE COMPANIES INC
CSL · Fabricated Rubber Products, NEC · 40.5M shares · -3%/yr ↓ buyback · EDGAR filings ↗
Net buyback after stock comp: $858M (gross $900M, SBC $42M)
Reference price $407.57 · est. market cap ~$16.5B — last insider sale, 2026-02-19 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
A86Dominant North American building-envelope franchise with top-decile returns, fat margins and prodigious cash generation.
Strengths
- Top-decile ROA (91.3rd pct), ROE 41.3% (86.9th pct) and operating margin 20% (86.7th pct)
- FCF margin 19.3% with $970M FCF (89.9th pct); leadership in recurring re-roofing (~70% of CCM)
Risks
- Net income down 43% and revenue flat at the construction-cycle bottom
- Customer concentration (top two = 33% of revenue) and lease/buyback-driven debt/equity 1.6
Notable findings
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Gross margin
35.7%
Operating margin
20.0%
Net margin
14.8%
Return on equity
41.3%
Return on assets
11.8%
ROIC
16.9%
Revenue growth (QoQ)
-6.7%
Net-income growth
-43.5%
Debt / equity
1.6×
Net debt / EBITDA
1.5×
Current ratio
3.1×
Free cash flow
$971M
EBITDA
$1.2B
Tangible book value
-$1.2B
Cash & investments
$1.1B
Stock comp / revenue
0.7%
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-04-29 | Collins Jonathan R. | Option exercise | 5.9K | — |
| 2026-04-28 | Palmer Sheryl | Grant | 505 | — |
| 2026-04-28 | Myers Charles David | Grant | 505 | — |
| 2026-04-28 | Hansen Maia | Grant | 505 | — |
| 2026-04-28 | Singh Jesse G | Grant | 505 | — |
| 2026-04-28 | Ricard Corrine D. | Grant | 505 | — |
| 2026-04-28 | Frias James D | Grant | 505 | — |
| 2026-02-19 | Easton Andrew C | Sell | 233 | $407.57 |
| 2026-02-19 | Easton Andrew C | Option exercise | 300 | $150.00 |
| 2026-02-12 | Schwar Stephen | Option exercise | 1.5K | $108.72 |
| 2026-02-12 | Schwar Stephen | Sell | 1.5K | $417.16 |
| 2026-02-12 | Schwar Stephen | Sell | 4.5K | $417.42 |
| 2026-02-10 | Zdimal Kevin P | Sell | 2.5K | $416.69 |
| 2026-02-10 | Zdimal Kevin P | Sell | 200 | $417.61 |
| 2026-02-10 | KOCH D CHRISTIAN | Option exercise | 36K | $222.35 |
| 2026-02-10 | KOCH D CHRISTIAN | Sell | 12K | $412.31 |
| 2026-02-10 | KOCH D CHRISTIAN | Sell | 11K | $413.49 |
| 2026-02-10 | KOCH D CHRISTIAN | Sell | 12K | $414.18 |
| 2026-02-10 | KOCH D CHRISTIAN | Sell | 1.7K | $415.03 |
| 2026-02-10 | Zdimal Kevin P | Sell | 5.8K | $405.44 |
| 2026-02-10 | SMITH DAVID W | Option exercise | 1.0K | $222.35 |
| 2026-02-10 | SMITH DAVID W | Sell | 1.0K | $414.05 |
| 2026-02-10 | SMITH DAVID W | Option exercise | 780 | $250.86 |
| 2026-02-10 | SMITH DAVID W | Sell | 780 | $414.05 |
| 2026-02-10 | Zdimal Kevin P | Option exercise | 7.7K | $222.35 |
| 2026-02-10 | Zdimal Kevin P | Sell | 2.3K | $405.19 |
| 2026-02-10 | Zdimal Kevin P | Sell | 5.4K | $406.08 |
| 2026-02-10 | Zdimal Kevin P | Sell | 4.2K | $406.26 |
| 2026-02-10 | Zdimal Kevin P | Sell | 1.4K | $407.44 |
| 2026-02-10 | Zdimal Kevin P | Sell | 128 | $408.06 |
| 2026-02-10 | Zdimal Kevin P | Sell | 2.1K | $415.91 |
| 2026-01-31 | Sifontes Juan | Grant | 308 | — |
| 2026-01-31 | Sifontes Juan | Tax withheld | 92 | $340.89 |
| 2026-01-31 | Wallace Susan | Grant | 224 | — |
| 2026-01-31 | Wallace Susan | Tax withheld | 128 | $340.89 |
| 2026-01-31 | Easton Andrew C | Grant | 193 | — |
| 2026-01-31 | Easton Andrew C | Tax withheld | 106 | $340.89 |
| 2026-01-31 | SMITH DAVID W | Grant | 362 | — |
| 2026-01-31 | SMITH DAVID W | Tax withheld | 192 | $340.89 |
| 2026-01-31 | PATEL MEHUL | Grant | 201 | — |
| 2026-01-31 | PATEL MEHUL | Tax withheld | 137 | $340.89 |
| 2026-01-31 | READY FRANK J. | Grant | 1.8K | — |
| 2026-01-31 | READY FRANK J. | Tax withheld | 961 | $340.89 |
| 2026-01-31 | Selbach Scott C | Tax withheld | 1.9K | $340.89 |
| 2026-01-31 | KOCH D CHRISTIAN | Grant | 15K | — |
| 2026-01-31 | KOCH D CHRISTIAN | Tax withheld | 10K | $340.89 |
| 2026-01-31 | Zdimal Kevin P | Grant | 6.7K | — |
| 2026-01-31 | Zdimal Kevin P | Tax withheld | 3.6K | $340.89 |
| 2026-01-31 | Schwar Stephen | Grant | 1.8K | — |
| 2026-01-31 | Schwar Stephen | Tax withheld | 914 | $340.89 |
| 2026-01-28 | Gaskill Christopher Burke | Grant | 865 | — |
| 2026-01-28 | Sifontes Juan | Grant | 220 | — |
| 2026-01-28 | Wallace Susan | Grant | 675 | — |
| 2026-01-28 | Easton Andrew C | Grant | 225 | — |
| 2026-01-28 | SMITH DAVID W | Grant | 190 | — |
| 2026-01-28 | PATEL MEHUL | Grant | 225 | — |
| 2026-01-28 | Schwar Stephen | Grant | 990 | — |
| 2026-01-28 | READY FRANK J. | Grant | 980 | — |
| 2026-01-28 | Taylor Jason L | Grant | 990 | — |
| 2026-01-28 | Zdimal Kevin P | Grant | 1.8K | — |
| 2026-01-28 | Selbach Scott C | Grant | 2.1K | — |
| 2026-01-28 | KOCH D CHRISTIAN | Grant | 8.7K | — |
| 2025-12-02 | Taylor Jason L | Grant | 3.1K | — |
| 2025-04-30 | ADAMS ROBIN J | Option exercise | 20K | — |
| 2025-04-30 | OSTRANDER GREGG A | Option exercise | 24K | — |
| 2025-04-30 | BOHN ROBERT G | Option exercise | 24K | — |
| 2025-04-29 | Palmer Sheryl | Grant | 462 | — |
| 2025-04-29 | Hansen Maia | Grant | 462 | — |
| 2025-04-29 | Myers Charles David | Grant | 462 | — |
| 2025-04-29 | Frias James D | Grant | 462 | — |
| 2025-04-29 | Collins Jonathan R. | Grant | 462 | — |
| 2025-04-29 | Singh Jesse G | Grant | 462 | — |
| 2025-04-29 | Ricard Corrine D. | Grant | 462 | — |
| 2025-02-08 | SMITH DAVID W | Tax withheld | 210 | $350.53 |
| 2025-02-08 | Sifontes Juan | Grant | 430 | — |
| 2025-02-08 | Sifontes Juan | Tax withheld | 115 | $350.53 |
| 2025-02-08 | Zdimal Kevin P | Grant | 9.4K | — |
| 2025-02-08 | Zdimal Kevin P | Tax withheld | 4.9K | $350.53 |
| 2025-02-08 | Selbach Scott C | Grant | 2.6K | — |
| 2025-02-08 | Selbach Scott C | Tax withheld | 2.3K | $350.53 |
| 2025-02-08 | KOCH D CHRISTIAN | Grant | 18K | — |
| 2025-02-08 | KOCH D CHRISTIAN | Tax withheld | 11K | $350.53 |
| 2025-02-08 | PATEL MEHUL | Sell | 150 | $350.53 |
| 2025-02-08 | READY FRANK J. | Grant | 2.6K | — |
| 2025-02-08 | READY FRANK J. | Tax withheld | 1.4K | $350.53 |
| 2025-02-08 | Wallace Susan | Grant | 270 | — |
| 2025-02-08 | Wallace Susan | Tax withheld | 137 | $350.53 |
| 2025-02-08 | Schwar Stephen | Grant | 2.6K | — |
| 2025-02-08 | Schwar Stephen | Tax withheld | 1.3K | $350.53 |
| 2025-02-08 | Easton Andrew C | Grant | 150 | — |
| 2025-02-08 | Easton Andrew C | Tax withheld | 63 | $350.53 |
| 2025-02-08 | PATEL MEHUL | Grant | 280 | — |
| 2025-02-08 | SMITH DAVID W | Grant | 500 | — |
| 2025-02-07 | Collins Jonathan R. | Sell | 1.1K | $349.24 |
| 2025-01-28 | Wallace Susan | Grant | 280 | — |
| 2025-01-28 | Schwar Stephen | Grant | 855 | — |
| 2025-01-28 | PATEL MEHUL | Grant | 190 | — |
| 2025-01-28 | SMITH DAVID W | Grant | 160 | — |
| 2025-01-28 | Easton Andrew C | Grant | 160 | — |
| 2025-01-28 | Sifontes Juan | Grant | 185 | — |
| 2025-01-28 | Zdimal Kevin P | Grant | 1.3K | — |
| 2025-01-28 | KOCH D CHRISTIAN | Grant | 6.6K | — |
| 2025-01-28 | Easton Andrew C | Grant | 160 | — |
| 2025-01-28 | Wallace Susan | Grant | 280 | — |
| 2025-01-28 | Sifontes Juan | Grant | 185 | — |
| 2025-01-28 | PATEL MEHUL | Grant | 190 | — |
| 2025-01-28 | SMITH DAVID W | Grant | 160 | — |
| 2025-01-28 | Schwar Stephen | Grant | 855 | — |
| 2025-01-28 | READY FRANK J. | Grant | 825 | — |
| 2025-01-28 | Zdimal Kevin P | Grant | 1.3K | — |
| 2025-01-28 | Selbach Scott C | Grant | 3.5K | — |
| 2025-01-28 | KOCH D CHRISTIAN | Grant | 6.6K | — |
| 2025-01-28 | READY FRANK J. | Grant | 825 | — |
| 2025-01-28 | Palmer Sheryl | Grant | 111 | — |
All non-derivative Form 4 activity (SEC), newest first.
Supply chain
Customers (0)
Suppliers (1)
Named in the 10-K; linked when we track them.
Notable events (8-K)
| Date | Items | |
|---|---|---|
| 2026-04-30 | Exec/director changeShareholder voteExhibits | filing ↗ |
| 2026-04-23 | ResultsExhibits | filing ↗ |
| 2026-02-03 | ResultsExhibits | filing ↗ |
| 2025-11-03 | Exec/director changeReg FDExhibits | filing ↗ |
| 2025-10-29 | ResultsExhibits | filing ↗ |
| 2025-09-05 | OtherExhibits | filing ↗ |
| 2025-08-20 | Material agreementDebt obligationOtherExhibits | filing ↗ |
| 2025-07-30 | ResultsExhibits | filing ↗ |
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-04-30 | 2026-04-28 | 0000790051-26-000020 ↗ |
| 10-Q | 2026-04-24 | 2026-03-31 | 0000790051-26-000017 ↗ |
| 8-K | 2026-04-23 | 2026-04-23 | 0000790051-26-000015 ↗ |
| 10-K | 2026-02-13 | 2025-12-31 | 0000790051-26-000012 ↗ |
| 8-K | 2026-02-03 | 2026-02-03 | 0000790051-26-000009 ↗ |
| 8-K | 2025-11-03 | 2025-11-03 | 0000790051-25-000161 ↗ |
| 10-Q | 2025-10-30 | 2025-09-30 | 0000790051-25-000159 ↗ |
| 8-K | 2025-10-29 | 2025-10-29 | 0000790051-25-000157 ↗ |
| 8-K | 2025-09-05 | 2025-09-03 | 0000790051-25-000153 ↗ |
| 8-K | 2025-08-20 | 2025-08-20 | 0001193125-25-184090 ↗ |
| 10-Q | 2025-07-31 | 2025-06-30 | 0000790051-25-000146 ↗ |
| 8-K | 2025-07-30 | 2025-07-30 | 0000790051-25-000142 ↗ |