Sep 30, 2021

Carlisle Q3 2021 Earnings Report

Reported record revenues and earnings growth, driven by strong organic growth and the acquisition of Henry Company.

Key Takeaways

Carlisle Companies reported record third-quarter revenue of $1.3 billion, a 24.5% increase year-over-year. Diluted EPS was $2.12, and adjusted diluted EPS was $2.99, a 27% increase from the prior year. The company's performance was driven by strong volume growth, solid price realization, and the acquisition of Henry Company.

Generated record third quarter revenue of $1.3 billion, up 19.4% organically year-over-year.

Reported third quarter diluted EPS of $2.12; adjusted diluted EPS of $2.99, a 27% increase from prior year.

Completed purchase of Henry Company for $1.575 billion, with integration accelerating and initial results tracking to expectations.

Issued $850 million of senior notes at a weighted average coupon of 1.6%.

Total Revenue
$1.32B
Previous year: $1.13B
+16.8%
EPS
$2.99
Previous year: $1.87
+59.9%
Gross Profit
$372M
Previous year: $330M
+12.5%
Cash and Equivalents
$296M
Previous year: $719M
-58.9%
Free Cash Flow
$78.6M
Previous year: $190M
-58.6%
Total Assets
$7.07B
Previous year: $5.8B
+22.0%

Carlisle

Carlisle

Carlisle Revenue by Segment

Forward Guidance

Carlisle is well positioned for continued acceleration through the recovery and beyond.

Revenue & Expenses

Visualization of income flow from segment revenue to net income