Carlisle Companies Incorporated (CSL)
Return on equity (ROE)
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 767,400 | 736,100 | 725,200 | 832,100 | 924,000 | 877,900 | 765,300 | 563,100 | 421,700 | 374,200 | 334,400 | 310,500 | 320,100 | 342,100 | 377,700 | 455,200 | 472,800 | 458,300 | 420,100 | 380,900 |
| Total stockholders’ equity | US$ in thousands | 2,829,000 | 2,923,800 | 3,032,000 | 3,058,300 | 3,024,400 | 3,041,700 | 2,875,100 | 2,678,600 | 2,629,500 | 2,544,800 | 2,417,900 | 2,411,800 | 2,537,700 | 2,475,300 | 2,516,200 | 2,518,500 | 2,642,800 | 2,681,000 | 2,583,200 | 2,524,700 |
| ROE | 27.13% | 25.18% | 23.92% | 27.21% | 30.55% | 28.86% | 26.62% | 21.02% | 16.04% | 14.70% | 13.83% | 12.87% | 12.61% | 13.82% | 15.01% | 18.07% | 17.89% | 17.09% | 16.26% | 15.09% |
December 31, 2023 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $767,400K ÷ $2,829,000K
= 27.13%
To analyze Carlisle Companies Inc.'s return on equity (ROE) over the given quarters, we observe fluctuations in the ROE percentage. The trend indicates variability in the company's ability to generate profits from shareholders' equity.
In Q4 2023, the ROE stands at 27.13%, showing a slight decrease from the previous quarter's 25.18% in Q3 2023. This suggests that the company's profitability relative to its equity has improved marginally. Comparing Q4 2023 to the same period in the prior year (Q4 2022), there has been a noticeable decrease from 30.55% to 27.13%.
Across the quarters in 2023, the ROE has fluctuated within a range of 23.92% to 27.21%. This indicates some variability in the company's profitability performance throughout the year.
Looking at the trend over the past eight quarters, the ROE has shown some volatility, reaching a peak of 30.55% in Q4 2022 and a trough of 21.02% in Q1 2022. This variability may suggest changes in the company's financial leverage, asset utilization, or net profit margin over time.
Overall, while Carlisle Companies Inc. has maintained relatively strong ROE figures above 20% in most quarters, the fluctuations in the percentages indicate a degree of inconsistency in the company's ability to generate profits from shareholders' equity. Further analysis of the company's financial statements and performance drivers would be beneficial for a more in-depth understanding of its ROE dynamics.
Peer comparison
Dec 31, 2023