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Carlisle (Carlisle) ROE % : 28.58% (As of Dec. 2023)


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What is Carlisle ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Carlisle's annualized net income for the quarter that ended in Dec. 2023 was $822 Mil. Carlisle's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was $2,876 Mil. Therefore, Carlisle's annualized ROE % for the quarter that ended in Dec. 2023 was 28.58%.

The historical rank and industry rank for Carlisle's ROE % or its related term are showing as below:

CSL' s ROE % Range Over the Past 10 Years
Min: 10.39   Med: 15.48   Max: 32.69
Current: 25.81

During the past 13 years, Carlisle's highest ROE % was 32.69%. The lowest was 10.39%. And the median was 15.48%.

CSL's ROE % is ranked better than
90.75% of 1622 companies
in the Construction industry
Industry Median: 6.71 vs CSL: 25.81

Carlisle ROE % Historical Data

The historical data trend for Carlisle's ROE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Carlisle ROE % Chart

Carlisle Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.05 12.36 16.32 32.69 26.22

Carlisle Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 22.97 13.38 25.56 35.68 28.58

Competitive Comparison of Carlisle's ROE %

For the Building Products & Equipment subindustry, Carlisle's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Carlisle's ROE % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Carlisle's ROE % distribution charts can be found below:

* The bar in red indicates where Carlisle's ROE % falls into.



Carlisle ROE % Calculation

Carlisle's annualized ROE % for the fiscal year that ended in Dec. 2023 is calculated as

ROE %=Net Income (A: Dec. 2023 )/( (Total Stockholders Equity (A: Dec. 2022 )+Total Stockholders Equity (A: Dec. 2023 ))/ count )
=767.4/( (3024.4+2829)/ 2 )
=767.4/2926.7
=26.22 %

Carlisle's annualized ROE % for the quarter that ended in Dec. 2023 is calculated as

ROE %=Net Income (Q: Dec. 2023 )/( (Total Stockholders Equity (Q: Sep. 2023 )+Total Stockholders Equity (Q: Dec. 2023 ))/ count )
=822/( (2923.8+2829)/ 2 )
=822/2876.4
=28.58 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Dec. 2023) net income data. ROE % is displayed in the 30-year financial page.


Carlisle  (NYSE:CSL) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=822/2876.4
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(822 / 4510)*(4510 / 6718)*(6718 / 2876.4)
=Net Margin %*Asset Turnover*Equity Multiplier
=18.23 %*0.6713*2.3356
=ROA %*Equity Multiplier
=12.24 %*2.3356
=28.58 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=822/2876.4
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (822 / 978) * (978 / 1014.4) * (1014.4 / 4510) * (4510 / 6718) * (6718 / 2876.4)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.8405 * 0.9641 * 22.49 % * 0.6713 * 2.3356
=28.58 %

Note: The net income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 2023) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Carlisle ROE % Related Terms

Thank you for viewing the detailed overview of Carlisle's ROE % provided by GuruFocus.com. Please click on the following links to see related term pages.


Carlisle (Carlisle) Business Description

Traded in Other Exchanges
Address
16430 North Scottsdale Road, Suite 400, Scottsdale, AZ, USA, 85254
Carlisle Companies Inc is a holding company. Through its subsidiaries, it manufactures and sells rubber and plastic engineered products. The company is organized into three segments include Carlisle Construction Materials, Carlisle Interconnect Technologies, and Carlisle Fluid Technologies. The company's product portfolio includes commercial roofing systems, wires, cables, connectors, industrial liquid finishing material, and other products used in construction, transportation, aerospace, defense, medical, and various other industrial sectors. A vast majority of the company's revenue comes from the Carlisle Construction Materials segment, and more than half of the total revenue is earned in the United States.
Executives
David W Smith officer: VP, Sustainability 16430 N SCOTTSDALE RD, STE 400, SCOTTSDALE AZ 85254
Mehul Patel officer: VP, Investor Relations 16430 N SCOTTSDALE RD, STE 400, SCOTTSDALE AZ 85254
Stephen Aldrich officer: VP & Chief Accounting Officer 16430 N SCOTTSDALE RD, STE 400, SCOTTSDALE AZ 85254
John E Berlin officer: President, CIT 301 KEELERS COURT, PONTE VEDRA BEACH FL 32082
Lori A Snyder officer: V. P., Human Resources 16430 N. SCOTTSDALE ROAD, SUITE 400, SCOTTSDALE AZ 85254
Charles David Myers director ONE PARK PLAZA, 11270 W. PARK PLACE, SUITE 1000, MILWAUKEE WI 53224
Kevin P Zdimal officer: V.P., Business Development 9210 UNBRIDLE LANE, WAXHAW NC 28173
Stephen Schwar officer: President, CCM 16430 N. SCOTTSDALE ROAD, SUITE 400, SCOTTSDALE AZ 85254
Frank J. Ready officer: President, CWT 16430 N. SCOTTSDALE ROAD, SUITE 400, SCOTTSDALE AZ 85254
D Christian Koch officer: CEO & President P.O. BOX 1441, MINNEAPOLIS MN 55440-1441
Nicholas J. Shears officer: President, CCM 16430 N. SCOTTSDALE ROAD, SUITE 400, SCOTTSDALE AZ 85254
Kelly P Kamienski officer: Principal Accounting Officer 16430 N. SCOTTSDALE ROAD, SUITE 400, SCOTTSDALE AZ 85254
Robert M. Roche officer: VP & Chief Financial Officer 16430 N. SCOTTSDALE ROAD, SUITE 400, SCOTTSDALE AZ 85254
Scott C Selbach officer: V.P., Corporate Development 7002 SETON HOUSE LANE, CHARLOTTE NC 28277
Laura Walsh officer: VP & Chief Information Officer 16430 N. SCOTTSDALE ROAD, SCOTTSDALE AZ 85254