- Carlisle Companies Incorporated (CSL, Financial) reports first-quarter revenue of $1.1 billion and adjusted EPS of $3.61.
- The company repurchased 1.2 million shares for $400 million in Q1, raising its 2025 share repurchase target to $1 billion.
- Carlisle reaffirms its full-year outlook for mid-single-digit revenue growth and approximately 50 basis points in adjusted EBITDA margin expansion.
Carlisle Companies Incorporated, trading under the ticker CSL, announced its financial results for the first quarter of 2025, reporting revenue of $1.1 billion. This figure remains relatively flat compared to the previous year. The company achieved a diluted EPS of $3.13 and an adjusted EPS of $3.61. Despite challenging market conditions, including weak performance in the residential construction sector and economic uncertainties from tariffs, Carlisle managed to maintain a robust operational performance.
The company's operating margin stood at 16.8%, with an adjusted EBITDA margin at 21.8%. During the quarter, Carlisle executed share repurchases amounting to 1.2 million shares valued at $400 million, boosting its share repurchase target for 2025 to $1 billion. This action underscores the company's commitment to enhancing shareholder value.
Looking ahead, Carlisle has reaffirmed its full-year guidance, anticipating mid-single-digit revenue growth and approximately 50 basis points of adjusted EBITDA margin improvement. This outlook is supported by a positive forecast for the 2025 roofing season, with expectations for a low-single-digit increase in commercial roofing volumes and pricing.
Through strategic acquisitions, including MTL, Plasti-Fab, and ThermaFoam, which generated $50 million in revenue, Carlisle continues to diversify its portfolio. The company projects that these acquisitions will surpass initial synergy expectations, contributing significantly to overall revenue growth.
To further strengthen its market position, Carlisle is investing in new energy-efficient solutions and operational efficiencies. These initiatives are part of the company's broader Vision 2030 strategy, which aims for $40 in adjusted EPS and a 25% return on invested capital (ROIC) by 2030.
