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 15 quarters(33%)
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 20 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
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 2010-1.1%
Q3 2009-1.1%
Q4 2009-12.5%
Q2 2010-12.5%
Q2 2009-12.5%

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