Carlisle Companies Incorporated (CSL)
Profitability ratios
Return on sales
Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
---|---|---|---|---|---|
Gross profit margin | 35.63% | 34.24% | 9.66% | 9.81% | 30.59% |
Operating profit margin | 21.43% | 22.11% | 11.80% | 12.29% | 14.14% |
Pretax margin | 21.34% | 21.92% | 10.75% | 10.04% | 13.16% |
Net profit margin | 16.73% | 16.96% | 8.77% | 8.06% | 10.54% |
Carlisle Companies Inc. has shown a consistent improvement in its profitability over the years, as indicated by its increasing gross profit margin. The gross profit margin has improved from 28.51% in 2019 to 35.63% in 2023, reflecting the company's ability to efficiently manage its production costs.
Additionally, the operating profit margin has also shown a steady increase, reaching 21.37% in 2023 from 13.38% in 2019. This implies that Carlisle has been effective in controlling its operating expenses and generating profits from its core business operations.
Furthermore, the pretax margin has more than doubled from 2019 to 2023, indicating that the company has successfully managed its pre-tax profitability and has become more efficient in generating income before accounting for taxes.
The net profit margin of Carlisle has also shown a consistent growth trend, reaching 16.73% in 2023 from 9.80% in 2019. This indicates that the company has been successful in managing its overall expenses, including interest and taxes, and has been able to generate a higher proportion of profit relative to its total revenue over the years.
Overall, Carlisle Companies Inc. has demonstrated a positive trend in its profitability ratios, reflecting its effective management of costs, operations, and overall financial performance.
Return on investment
Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
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Operating return on assets (Operating ROA) | 14.85% | 16.68% | 7.83% | 8.32% | 11.54% |
Return on assets (ROA) | 11.59% | 12.79% | 5.82% | 5.46% | 8.60% |
Return on total capital | 20.84% | 24.04% | 10.90% | 10.56% | 15.92% |
Return on equity (ROE) | 27.13% | 30.55% | 16.04% | 12.61% | 17.89% |
Carlisle Companies Inc. has shown consistent profitability over the past five years, as indicated by its return on assets (ROA) and return on equity (ROE) ratios. The ROA has ranged from 5.44% to 12.79% during this period, with a notable improvement in the most recent year (2023) at 11.59%. This signifies the company's ability to generate earnings from its assets, with a higher ROA indicating better efficiency in asset utilization.
Similarly, the ROE has displayed a positive trend, varying between 12.57% and 30.55% over the same period. The ROE for 2023 stands at 27.13%, reflecting the company's capability to provide attractive returns to its shareholders based on their equity investments.
Additionally, the operating return on assets (Operating ROA) has been relatively stable, ranging from 7.82% to 17.93% over the past five years. The most recent figure of 14.81% in 2023 suggests that the company is effectively managing its operating assets to generate operating income.
Moreover, the return on total capital has shown a consistent upward trend, with values varying between 10.20% and 23.10% over the five-year period. The return on total capital for 2023 is reported at 19.15%, reflecting the company's ability to generate profits relative to the total capital invested in the business.
Overall, Carlisle Companies Inc. has demonstrated solid profitability performance through its efficient asset utilization, return on equity, and return on total capital metrics, indicating sound financial health and performance over the reviewed period.