NYSE$CSL

Carlisle Companies Incorporated · Q2 2022 earnings

Q2 2022 earnings · · Investor relations

Briefing

Reported record second quarter results driven by strong demand and strategic pricing actions.

Carlisle Companies reported record second quarter revenues of $1.85 billion, a 57% increase year-over-year, with organic revenue up 42%. GAAP diluted EPS reached $5.62 and adjusted diluted EPS was $6.15, marking a 185% increase from the prior year. Performance was driven by strong demand in commercial construction and re-roofing, as well as increasing demand for energy-efficient building solutions, which offset ongoing cost inflation.

  • Record second quarter revenues of $1.85 billion, up 57% year-over-year (42% organic).
  • GAAP Diluted EPS of $5.62 and Adjusted Diluted EPS of $6.15, an increase of 185% from prior year.
  • Leveraged strong new commercial construction and re-roofing demand.
  • Offset continuing and pervasive cost inflation with pricing actions.

Headline financials

Total Revenue

$1.85B

Previous: $1.18B+56.8%
EPS (adj)

$6.15

Previous: $2.16+184.7%
Capital Expenditures

-$82.7M

Previous: -$55.1M-50.1%
Free Cash Flow

$219M

Previous: $44.2M+395.0%
Net Income

$302M

Previous: $99.3M+203.6%
Operating Income

$411M

Previous: $134M+206.9%
Gross Profit

$632M

Previous: $308M+105.4%
Cash & Equivalents

$353M

Previous: $713M-50.5%
Total Assets

$7.58B

Previous: $5.84B+29.8%
Stock-Based Comp

$6.2M

Previous: -$6.2M+200.0%

Revenue & EPS history

Carlisle · Revenue · Quarterly

$1.85B

Q2 2022+56.8%vs Q2 2021
Beat estimate in 5 of 16 quarters(31%)
ActualEstimate

Revenue by segment

Carlisle · $1.56B total across 2 segments · Q2 2022

  • Carlisle Construction Materials
    $1.11B+18.8%
  • Carlisle Weatherproofing Technologies
    $449M—

Forward guidance

Carlisle's outlook remains optimistic for the rest of 2022 and the long term.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q2 2022

Historical avgQ2 2022

+1.0%

Avg return

Earnings day

+1.6%

Avg return

5 days after

+2.8%

Avg return

30 days after

62%

42 / 68 earnings

Positive

+13.0%

Q1 2010

Best reaction

-14.4%

Q3 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2025———
Q1 2026+3.0%-4.7%-8.3%
Q4 2025+11.1%+12.9%-0.4%
Q3 2025-1.6%-1.3%-4.0%
Q1 2025+6.0%+5.4%+7.5%
Q4 2024-8.9%-5.8%-10.7%
Q3 2024-9.1%-8.7%-2.0%
Q2 2024+1.0%-2.5%-4.6%
Q1 2024+6.7%+3.5%+14.0%
Q4 2023+8.7%+10.0%+16.2%
Q3 2023+4.9%+7.1%+16.3%
Q2 2023+3.0%+3.1%-3.5%
Q1 2023+1.5%-0.3%+2.0%
Q4 2022+1.8%+3.6%+3.6%
Q3 2022-14.4%-15.2%-7.7%
Q2 2022+6.9%+9.1%+13.3%
Q1 2022+6.2%+8.9%+3.8%
Q4 2021+0.1%+3.7%+1.4%
Q3 2021+4.5%+5.5%+9.3%
Q2 2021+0.9%+0.8%+4.4%
Q1 2021+6.3%+8.0%+7.8%
Q4 2020+0.3%-2.2%-0.2%
Q3 2020-1.0%+5.0%+17.8%
Q2 2020+0.4%-1.5%+2.4%
Q1 2020-2.2%-3.7%-4.8%
Q4 2019-0.0%-1.7%-11.4%
Q3 2019+6.3%+6.5%+7.9%
Q2 2019+7.6%+9.4%+8.5%
Q1 2019+9.0%+10.4%+5.8%
Q4 2018+6.2%+6.5%+8.1%
Q3 2018-8.9%-7.7%+0.5%
Q2 2018+8.3%+8.6%+12.7%
Q1 2018+5.2%+5.4%+5.0%
Q4 2017-2.8%-4.7%-3.1%
Q3 2017+6.0%+6.4%+6.0%
Q2 2017-2.6%-2.0%-6.5%
Q1 2017-7.2%-7.9%-6.5%
Q4 2016-2.4%-2.6%-1.0%
Q3 2016-3.5%-2.4%+8.6%
Q2 2016-2.5%-2.3%-0.3%
Q1 2016+3.3%——
Q4 2015+4.0%——
Q3 2015-6.0%——
Q2 2015-1.2%——
Q1 2015+4.9%——
Q4 2014+3.8%——
Q3 2014+5.6%——
Q2 2014-2.3%——
Q1 2014+4.8%——
Q4 2013+5.9%——
Q3 2013+0.5%——
Q2 2013+2.6%——
Q1 2013-2.4%——
Q4 2012+3.1%——
Q3 2012+5.9%——
Q2 2012-3.2%——
Q1 2012+1.3%——
Q4 2011-0.9%——
Q3 2011+5.2%——
Q2 2011-10.0%——
Q1 2010+13.0%——
Q1 2011+3.3%——
Q4 2008+4.4%——
Q4 2010+4.4%——
Q3 2009-1.1%——
Q3 2010-1.1%——
Q4 2009-12.5%——
Q2 2010-12.5%——
Q2 2009-12.5%——

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