Latest Ratios: P/E Ratio 20.7x · EV/EBITDA 13.6x · 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 | $14.5B | $13.8B | $17.4B | $15.7B | $12.4B | $13.2B | $8.6B | $9.3B | $6.1B | $7.2B | $7.2B |
| Enterprise Value | $16.2B | $15.6B | $18.6B | $17.5B | $14.6B | $15.9B | $9.8B | $10.6B | $6.9B | $8.4B | $7.4B |
| P/E Ratio → | 20.67 | 18.68 | 13.22 | 20.58 | 13.42 | 31.37 | 26.93 | 19.76 | 10.03 | 19.90 | 28.87 |
| P/S Ratio | 2.88 | 2.75 | 3.47 | 3.43 | 2.27 | 3.44 | 2.16 | 2.08 | 1.36 | 1.93 | 2.09 |
| P/B Ratio | 8.51 | 7.70 | 7.05 | 5.57 | 4.09 | 5.02 | 3.38 | 3.52 | 2.35 | 2.86 | 2.90 |
| P/FCF | 14.90 | 14.24 | 18.37 | 14.78 | 15.14 | 45.21 | 14.20 | 15.16 | 27.96 | 24.17 | 16.94 |
| P/OCF | 13.13 | 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 | 13.57 | 13.03 | 14.14 | 14.73 | 10.05 | 19.84 | 13.80 | 12.65 | 9.85 | 13.32 | 13.59 |
| EV / EBIT | 16.23 | 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 | 1.2% | 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 | 6.7% | 7.0% | 5.4% | 6.8% | 6.6% | 2.2% | 7.0% | 6.6% | 3.6% | 4.1% | 5.9% |
| Buyback Yield | 9.0% | 9.4% | 9.1% | 5.7% | 3.2% | 2.4% | 4.5% | 4.1% | 7.5% | 3.7% | 1.0% |
| Total Shareholder Yield | 10.2% | 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 |
Cyclical margin and leverage
According to current market data, CSL trades at a forward P/E of 18.54, which appears elevated given the recent deceleration in top-line performance and the contraction in operating margins observed in the most recent quarterly filings, suggesting the market may be overestimating the durability of its earnings growth.
The current valuation premium relative to historical averages assumes a level of earnings stability that may be challenged by the company's transition to a pure-play model. Investors should monitor whether the PEG ratio of 0.94 can be sustained if the anticipated margin expansion fails to materialize in the face of cyclical construction headwinds.
As reported in financial statements, CSL's ROIC has trended downward to 3.3% in 2026Q1 from a peak of 6.9% in 2024Q2, indicating that the company is struggling to maintain its historical compounding ability as the business model shifts toward a more concentrated building products focus.
The decline in return on invested capital suggests that recent capital allocation decisions, including acquisitions and aggressive share repurchases, have not yet generated the expected incremental returns. This trend warrants further investigation into whether the company's core assets are losing their competitive edge or if the cost of capital is outpacing operational gains.
Based on the company's reported figures, the asset turnover ratio has remained suppressed at 0.17 in 2026Q1, reflecting a persistent inefficiency in utilizing the balance sheet to generate revenue compared to the more robust turnover levels observed in previous fiscal periods.
The lack of improvement in the cash conversion cycle suggests that the company is facing challenges in managing its inventory and receivables effectively during this period of demand contraction. This inefficiency may indicate that the company's supply chain and distribution network are not yet optimized for the current, more volatile market environment.
According to recent SEC filings, CSL's debt-to-equity ratio has climbed to 1.15 in 2026Q1, a notable increase from the 0.80 level seen in 2024Q1, which suggests that the company's reliance on debt is rising just as its cash generation capacity has begun to show signs of deterioration.
The compression in interest coverage ratios, falling to 6.37 in 2026Q1, indicates that the company's ability to service its debt is becoming less comfortable. Market participants should monitor whether this leverage trajectory forces a change in capital allocation strategy, particularly regarding the sustainability of share repurchases.
Data from the last ten quarters indicates that the P/E ratio is a misleading metric for CSL, as it obscures the significant impact of non-recurring restructuring charges and volatile warranty reserve adjustments that frequently distort the company's true underlying earnings power.
Analysts should instead focus on EV/EBITDA or free cash flow yield to better capture the operational reality of the building products business. Relying on P/E ignores the capital-intensive nature of the business and the potential for accounting-driven earnings volatility to mask structural shifts in profitability.
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 13.6x. 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 1.18% 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.