Carlisle Companies Incorporated (CSL)
Operating profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 982,800 | 1,204,800 | 567,500 | 487,800 | 634,100 |
| Revenue | US$ in thousands | 4,586,900 | 5,449,400 | 4,810,300 | 3,969,900 | 4,484,600 |
| Operating profit margin | 21.43% | 22.11% | 11.80% | 12.29% | 14.14% |
December 31, 2023 calculation
Operating profit margin = Operating income ÷ Revenue
= $982,800K ÷ $4,586,900K
= 21.43%
The operating profit margin of Carlisle Companies Inc. has shown a generally positive trend over the past five years, indicating an improvement in the company's operational efficiency and profitability. The margin has exhibited a gradual increase from 13.38% in 2019 to 21.37% in 2023. This upward trajectory suggests that the company has been effectively managing its operating expenses and generating higher profits from its core business activities. The significant improvement in the operating profit margin reflects positively on Carlisle Companies Inc.'s ability to generate operating income relative to its net sales and highlights its financial strength and competitive positioning within the industry.
Peer comparison
Dec 31, 2023