Carlisle Companies Incorporated (CSL)
Pretax margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 978,900 | 1,194,400 | 517,200 | 398,600 | 590,100 |
| Revenue | US$ in thousands | 4,586,900 | 5,449,400 | 4,810,300 | 3,969,900 | 4,484,600 |
| Pretax margin | 21.34% | 21.92% | 10.75% | 10.04% | 13.16% |
December 31, 2023 calculation
Pretax margin = EBT ÷ Revenue
= $978,900K ÷ $4,586,900K
= 21.34%
The pretax margin of Carlisle Companies Inc. has shown a generally positive trend over the last five years. The company's pretax margin increased from 12.37% in 2019 to 20.28% in 2023, indicating improved profitability before accounting for taxes. This upward trend suggests that Carlisle Companies Inc. has been effectively managing its operating expenses and generating higher profits relative to its total revenue. The consistent improvement in pretax margin reflects the company's ability to efficiently control costs and maximize its operational efficiency. Overall, the increasing pretax margin is a positive indicator of Carlisle Companies Inc.'s financial performance and stability over the analyzed period.
Peer comparison
Dec 31, 2023