Carlisle Companies Incorporated (CSL)
Net profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 767,400 | 924,000 | 421,700 | 320,100 | 472,800 |
| Revenue | US$ in thousands | 4,586,900 | 5,449,400 | 4,810,300 | 3,969,900 | 4,484,600 |
| Net profit margin | 16.73% | 16.96% | 8.77% | 8.06% | 10.54% |
December 31, 2023 calculation
Net profit margin = Net income ÷ Revenue
= $767,400K ÷ $4,586,900K
= 16.73%
The net profit margin of Carlisle Companies Inc. has exhibited a generally positive trend over the past five years, indicating an improvement in the company's profitability. From 2019 to 2020, there was a slight decrease in net profit margin, which rebounded and steadily increased in subsequent years. The most significant improvement was observed in 2021, where the net profit margin jumped to 8.77% from 7.51% in 2020. This was followed by a substantial increase to 14.02% in 2022 and further growth to 16.73% in 2023.
The consistent upward trajectory of Carlisle's net profit margin suggests effective cost management, revenue growth, or both, leading to an enhanced bottom line. Overall, the improving net profit margin reflects positively on the company's profitability performance and financial health during the period under review.
Peer comparison
Dec 31, 2023