Carlisle Companies ( (CSL) ) has released its Q4 earnings. Here is a breakdown of the information Carlisle Companies presented to its investors.
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Carlisle Companies Incorporated is a leading supplier of innovative building envelope products and solutions, focusing on energy efficiency within the construction materials and weatherproofing technologies sectors.
In its latest earnings report for the fourth quarter of 2024, Carlisle Companies showcased a record full-year adjusted EPS of $20.20, marking a significant 30% increase from the previous year. The company also noted a slight decline in fourth-quarter revenue by 0.4% year-over-year due to macroeconomic pressures but achieved a 7% rise in adjusted EPS for the quarter.
Key highlights included a robust operating margin of 19.9% and an adjusted EBITDA margin of 25.1%. Carlisle also made strategic moves by completing the acquisition of Plasti-Fab and repurchasing $420 million in shares during Q4, adding to a total of $1.6 billion in share repurchases for 2024. The company anticipates mid-single-digit revenue growth in 2025 and an expansion of approximately 50 basis points in adjusted EBITDA margins.
The company’s strategic initiatives under Vision 2030 aim to position Carlisle as a pure-play building products company. The acquisition strategy has bolstered its building envelope capabilities, with the integration of companies like MTL, Plasti-Fab, and ThermaFoam.
Looking forward, Carlisle Companies remains optimistic about overcoming market challenges and anticipates continued growth, driven by strong underlying business trends and strategic initiatives. The company expects to benefit from growing commercial re-roofing demand and improving new construction markets in the latter half of 2025.
