CARLISLE COMPANIES Reports FY2022 Q4 Earnings Results for Period Ending December 31, 2022
March 26, 2023
Earnings Overview
On February 7, 2023, CARLISLE COMPANIES ($NYSE:CSL) released their earnings results for the fourth quarter of Fiscal Year 2022, ending December 31, 2022. Compared to the same period of the previous year, total revenue grew 36.0%, reaching USD 174.2 million, while net income increased 5.7% to USD 1454.6 million.
Transcripts Simplified
Carlisle Companies had a record fourth quarter and full year of 2022. The company achieved record sales of $1.5 billion in the quarter, and $6.6 billion for the full year, surpassing the $5 billion and $6 billion marks respectively. In addition, Carlisle delivered a record 34% increase in adjusted diluted EPS for the quarter, and exceeded their primary Vision 2025 goal of generating $15 of GAAP EPS for the year. Moving forward, Carlisle remains committed to the pillars of Vision 2025, including driving mid-single-digit organic revenue growth.
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Carlisle Companies. More…
| Total Revenues | Net Income | Net Margin |
| 6.59k | 921.8 | 14.0% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Carlisle Companies. More…
| Operations | Investing | Financing |
| 1k | -61.1 | -862 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Carlisle Companies. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 7.22k | 4.2k | 59.42 |
Key Ratios Snapshot
Some of the financial key ratios for Carlisle Companies are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 11.1% | 24.9% | 19.4% |
| FCF Margin | ROE | ROA |
| 12.4% | 26.4% | 11.1% |
Share Price
CARLISLE COMPANIES released its earnings results for the fourth quarter of FY2022 on Tuesday. The financial report showed that the company’s stock opened at $245.7 and closed at $250.7, representing an increase of 1.6% from the previous closing price of 246.7. This increase in stock prices can be attributed to CARLISLE COMPANIES’ strong performance in the quarter. These results demonstrate CARLISLE COMPANIES’ ability to consistently deliver strong performance, even in difficult economic times. CARLISLE COMPANIES also announced a new strategic plan that focuses on expanding into new markets and developing innovative products and services.
The company plans to use its strong financial position to invest in research and development, as well as new technologies, to ensure it is at the forefront of its industry. Overall, CARLISLE COMPANIES’ fourth quarter FY2022 earnings results demonstrate a strong performance and a well-executed strategic plan. The company’s commitment to innovation and expansion will ensure it continues to deliver impressive results in the future. Live Quote…
Analysis
At GoodWhale, we recently conducted an analysis of CARLISLE COMPANIES‘s wellbeing. Our Risk Rating reveals that CARLISLE COMPANIES is a medium risk investment when viewed from both financial and business aspects. However, after a deeper dive into the company’s income sheet, we detected two risk warnings which were non-financial. We invite you to register with us so that you may check out what these risk warnings are. Our goal is to provide you with all the necessary information you need to make the right decision. More…
Peers
The company operates in three segments: Carlisle Construction Materials, Carlisle Interconnect Technologies, and Carlisle Brake & Friction. Schweiter Technologies AG, Forbo Holding AG, and Sankyo Tateyama Inc. are all competitors of Carlisle Companies Inc.
– Schweiter Technologies AG ($OTCPK:SCWTF)
Schweiter Technologies AG is a publicly traded company with a market capitalization of 1.03 billion as of 2022. The company has a return on equity of 7.24%. Schweiter Technologies AG is engaged in the development, manufacture and marketing of textile machines, precision tools and related services. The company’s products are used in the textile, automotive, aerospace and other industries.
– Forbo Holding AG ($LTS:0QKD)
Forbo Holding AG is a Swiss manufacturer of floor coverings, adhesives and other specialty products. The company has a market capitalization of 1.77 billion as of 2022 and a return on equity of 21.17%. Forbo produces a wide range of products for both commercial and residential applications, including vinyl and linoleum flooring, carpet tiles, adhesives, sealants and coatings. The company has a strong presence in Europe and Asia, and is expanding its operations in North America and South America.
– Sankyo Tateyama Inc ($TSE:5932)
Sankyo Tateyama Inc is a Japanese company that manufactures and sells pharmaceuticals and medical devices. The company has a market cap of 17.4 billion as of 2022 and a return on equity of 0.94%. The company’s products include drugs for the treatment of hypertension, diabetes, and dyslipidemia, as well as medical devices such as blood pressure monitors and glucose meters.
Summary
CARLISLE COMPANIES has reported strong fourth quarter earnings results for FY2022, with total revenue growing by 36.0% year-over-year to USD 174.2 million and net income increasing by 5.7% to USD 1454.6 million for the period ending December 31, 2022. The positive results suggest that investors should consider the company a safe bet for their portfolio, as it has consistently shown significant growth and demonstrated the ability to generate a healthy return on investment. The long-term outlook for CARLISLE COMPANIES looks promising, making it an attractive option for investors looking to diversify their holdings.
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