Jun 30, 2022

Carlisle Q2 2022 Earnings Report

Reported record second quarter results driven by strong demand and strategic pricing actions.

Key Takeaways

Carlisle Companies reported record second quarter revenues of $1.85 billion, a 57% increase year-over-year, with organic revenue up 42%. GAAP diluted EPS reached $5.62 and adjusted diluted EPS was $6.15, marking a 185% increase from the prior year. Performance was driven by strong demand in commercial construction and re-roofing, as well as increasing demand for energy-efficient building solutions, which offset ongoing cost inflation.

Record second quarter revenues of $1.85 billion, up 57% year-over-year (42% organic).

GAAP Diluted EPS of $5.62 and Adjusted Diluted EPS of $6.15, an increase of 185% from prior year.

Leveraged strong new commercial construction and re-roofing demand.

Offset continuing and pervasive cost inflation with pricing actions.

Total Revenue
$1.85B
Previous year: $1.18B
+56.8%
EPS
$6.15
Previous year: $2.16
+184.7%
Gross Profit
$632M
Previous year: $308M
+105.4%
Cash and Equivalents
$353M
Previous year: $713M
-50.5%
Free Cash Flow
$129M
Previous year: $68.8M
+87.5%
Total Assets
$7.58B
Previous year: $5.84B
+29.8%

Carlisle

Carlisle

Carlisle Revenue by Segment

Forward Guidance

Carlisle's outlook remains optimistic for the rest of 2022 and the long term.

Revenue & Expenses

Visualization of income flow from segment revenue to net income