Carlisle

What Carlisle does

Carlisle Companies Incorporated (NYSE: CSL) is a Scottsdale, Arizona-based pure-play building envelope products manufacturer that has operated since 1917 and employs nearly 13,000 people worldwide. Following multi-year portfolio rationalization that divested Carlisle Interconnect Technologies ($2.025B in 2024), Carlisle Fluid Technologies ($520M in 2023), Carlisle Brake & Friction, and Carlisle FoodService Products ($750M in 2018), the company now operates two reporting segments: Carlisle Construction Materials (CCM), which supplies single-ply roofing, polyiso insulation, and engineered metal roofing/panel systems under brands such as Carlisle SynTec, Versico, WeatherBond, Hunter Panels, Drexel Metals, and PAC-CLAD Petersen; and Carlisle Weatherproofing Technologies (CWT), which delivers integrated building envelope solutions under the Henry, Insulfoam, Carlisle Spray Foam Insulation, and Carlisle HVAC Brands portfolios.

The company generated $5.0 billion in 2025 revenue with a 24.4% adjusted EBITDA margin, $19.40 adjusted EPS, 25% ROIC, and over $1 billion in operating cash flow for the fourth consecutive year. Approximately 70-74% of revenue is tied to non-discretionary commercial re-roofing demand, driven by an aging U.S. non-residential building stock in which over 70% of buildings exceed 25 years of age. Carlisle's growth engine combines an active M&A program (Plasti-Fab $259.5M, MTL Holdings $410M, ThermaFoam, Bonded Logic, plus the foundational Henry Company at $1.575B in 2021), disciplined organic innovation (ThermaThin 7, Blueskin VPTech, UltraTouch recycled denim insulation), and the Carlisle Operating System lean/Six Sigma platform.

Revenue is generated through direct sales to commercial roofing contractors, authorized applicators, and building materials distributors across North America (with select operations in Europe, Asia, and Latin America). Carlisle employs B2B contract pricing with periodic price increases (5-8% announced for 2026) to offset petrochemical-linked raw material inflation, and has returned $1.5 billion to shareholders in 2025 through $1.3B in buybacks and $181M in dividends while increasing its dividend for 48 consecutive years. The company's Vision 2030 framework targets $40+ adjusted EPS, 25%+ ROIC, 5%+ organic revenue CAGR, and 15%+ FCF to sales.

Name

Carlisle

Legal name

Carlisle Companies Incorporated

Website

http://www.carlisle.com

Company type

Public

Founded year

1917

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Carlisle Companies (NYSE: CSL) is a pure-play building envelope products manufacturer serving the commercial building industry through Carlisle Construction Materials (single-ply roofing, polyiso insulation, architectural metals) and Carlisle Weatherproofing Technologies (integrated envelope solutions), generating $5.0B in 2025 revenue with 24.4% EBITDA margin.

Ownership category

akta.pro rank

Product category

Building Envelope Products

NAICS

Mineral Wool Manufacturing (327993)

SIC

Plastic Material, Synth Resin/Rubber, Cellulos (No Glass) (2820), Paints, Varnishes, Lacquers, Enamels & Allied Prods (2851)

akta.pro primary industry

Insulation & Air/Vapor Barrier Systems (Thermal, Acoustic, WRB/AVB) (IMAFAMAD)

akta.pro secondary industries

Sealants, Expansion Joints & Weatherproofing (Caulking, Joint Systems) (IMAFAMAF), Architectural & Miscellaneous Metals (Stairs, Railings, Ladders) (IMADACAE), Building Envelope & Weatherproofing (Roofing/Waterproofing/Gutters) (IMAIABAG)

Keywords

• Commercial roofing systems
• Building envelope products
• Polyiso insulation panels
• Single-ply roofing membranes
• Weatherproofing technologies

Headquarters

HQ city

Scottsdale

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales

Revenue model

1. Carlisle Construction Materials (CCM): Leading manufacturer and supplier of premium single-ply roofing products and warranted systems and accessories for the commercial building industry, including polyiso insulation and engineered metal roofing and panel systems. Q1 2026 revenue was $758 million.
2. Carlisle Weatherproofing Technologies (CWT): Leading supplier of integrated building envelope solutions ensuring superior building performance across commercial and residential applications. Products manage water, vapor, air, and energy flow in buildings. Q1 2026 revenue was $294 million.
3. Acquisition-driven Growth: Company pursues strategic acquisitions to expand product portfolio and market position, including acquisitions of Plasti-Fab ($259.5M), ThermaFoam, Bonded Logic, MTL Holdings ($410M), Henry Company ($1.575B), and others in recent years.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels7 records

Core offering

Carlisle Companies manufactures and distributes building envelope products for the commercial and residential construction industry through two segments: Carlisle Construction Materials (CCM), which produces single-ply roofing membranes, polyiso insulation, and engineered metal roofing systems under brands such as Carlisle SynTec, Versico, WeatherBond, Hunter Panels, Drexel Metals, and PAC-CLAD Petersen; and Carlisle Weatherproofing Technologies (CWT), which delivers integrated building envelope solutions including air barriers, weather barriers, spray foam insulation, and HVAC products under Henry, Insulfoam, Carlisle Spray Foam Insulation, and Carlisle HVAC Brands.

Product overview

Carlisle Companies Incorporated operates as a building envelope products company with two primary business segments: Carlisle Construction Materials (CCM) and Carlisle Weatherproofing Technologies (CWT). CCM provides single-ply roofing products, polyiso insulation, and engineered metal roofing under brands including Carlisle SynTec, Versico Roofing, WeatherBond Roofing, Hunter Panels, Drexel Metals, and PAC-CLAD Petersen. CWT offers integrated building envelope solutions including air barriers, weather barriers, spray foam insulation, and HVAC products under Henry, Insulfoam, Carlisle Spray Foam Insulation, and Carlisle HVAC Brands. The company has pursued an aggressive acquisition strategy, adding Plasti-Fab, ThermaFoam, and Bonded Logic (all insulation manufacturers), as well as MTL Holdings (Metal-Era, Hickman, Citadel) to expand its product portfolio. The portfolio is unified around energy-efficient, labor-reducing building envelope solutions delivered through the Carlisle Experience customer platform.

Differentiator

Problem solved

Functional benefit

Brands

• Carlisle SynTec: Single-ply roofing products and systems for commercial buildings
• Versico Roofing
• WeatherBond Roofing
• Hunter Panels
• Drexel Metals
• PAC-CLAD Petersen
• Henry
• Insulfoam
• Carlisle Spray Foam Insulation
• Carlisle HVAC Brands
• Plasti-Fab
• Insulspan
• ThermaFoam
• Bonded Logic
• Metal-Era
• Hickman
• Citadel

Products and services

• Carlisle Construction Materials (CCM) A leading manufacturer and supplier of premium single-ply roofing products and warranted systems and accessories for the commercial building industry, including polyiso insulation and engineered metal roofing and panel systems, marketed under the Carlisle SynTec, Versico, WeatherBond, Hunter Panels, Drexel Metals, and PAC-CLAD Petersen brands.
• Carlisle Weatherproofing Technologies (CWT) A leading supplier of integrated building envelope solutions ensuring superior building performance across commercial and residential applications, managing water, vapor, air, and energy flow, marketed under the Henry, Insulfoam, Carlisle Spray Foam Insulation, and Carlisle HVAC Brands.
• ThermaThin 7 Polyiso Insulation A new polyiso insulation product launched for commercial roofing applications, recognized with both the People's Choice and Expert's Choice awards at the 2026 International Roofing Expo.
• Henry UltraTouch Recycled Denim Insulation Sustainable insulation product made from recycled denim for building envelope applications, named Product of the Year by Architectural Record.
• Henry Blueskin VPTech An air and weather barrier technology product from Henry brand that won the 2025 Innovation Award from LBM Journal, representing Carlisle's continued investment in air and weather barrier technologies.
• Sure-Seal Roofing Membrane A synthetic rubber roofing membrane originally developed by Carlisle for roofing applications; one of the company's most important products and a foundational single-ply roofing offering.

Quantifiable outcome

• Delivered $5.0 billion in revenue with 24.4% EBITDA margin and $19.40 adjusted EPS in 2025
• +3 more outcomes

Named customers4 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Three partnerships are on record, tiered minor and core.

• Epson Tour (LPGA)minorGTM or Marketing Partner · 27 April 2026Carlisle sponsors the Carlisle Arizona Women's Golf Classic, one of 20+ Epson Tour events with $400,000 purse. Sponsors Epson Tour golfers including Ashley Menne who advanced to LPGA Final Qualifying Stage. Event scheduled for TPC Scottsdale April 27 - May 3, 2026.
• Phoenix Children's HospitalcoreStrategic or Co-development PartnerCarlisle Companies announced $1.5 million additional support for Phoenix Children's Suicide Awareness and Prevention program in 2025. Carlisle CEO D. Christian Koch serves on Phoenix Children's board. Since 2023, the program has screened over 100,000 patients and connected nearly 3,000 with crisis intervention services. D. Christian Koch was named to Phoenix Children's board of directors in May 2026.
• Arizona State University Women's GolfminorGTM or Marketing PartnerCarlisle is a proud donor to Arizona State University's women's golf team. Supports student athletes and program development through sponsorship.

Scale indicators12 records

Recent moves11 records

Expansion highlights6 records

Direct peers

• Holcim (Firestone Building Products): Holcim owns Firestone Building Products, a leading manufacturer of commercial roofing membranes, insulation, and building envelope solutions. Direct competitor to Carlisle's CCM segment in single-ply roofing, with comparable product portfolio and contractor channels across North America.
• GAF Materials: GAF is a major North American roofing manufacturer competing across single-ply membranes, asphalt shingles, and commercial roofing systems. Closely comparable to Carlisle SynTec and Versico in commercial roofing contractor channels.
• Johns Manville: Johns Manville, owned by Berkshire Hathaway, manufactures roofing systems, polyiso insulation (similar to Hunter Panels), and engineered building products. Direct competitor across Carlisle's roofing and insulation portfolio.
• Kingspan Group: Kingspan is a global leader in insulated panels, insulation boards, and building envelope systems. Direct competitor to Carlisle's polyiso and weatherproofing products with strong European and growing North American presence.
• Tremco Incorporated: Tremco is a building envelope solutions provider offering roofing, waterproofing, air barriers, and weatherproofing systems. Highly comparable to Carlisle's CWT segment, particularly the Henry brand portfolio.
• SOPREMA: SOPREMA is a major manufacturer of roofing membranes, waterproofing systems, and insulation products. Directly comparable to Carlisle's weatherproofing and single-ply roofing offerings, with strong presence in commercial construction.
• Atlas Roofing Corporation: Atlas Roofing manufactures polyiso insulation and roofing products, directly competing with Carlisle's Hunter Panels and Insulfoam brands in commercial insulation markets.
• IKO Industries: IKO is a global roofing and waterproofing manufacturer producing single-ply membranes, insulation, and commercial roofing systems. Comparable to Carlisle's CCM segment across roofing and weatherproofing categories.

Broad incumbents

• Owens Corning: Owens Corning is a larger diversified building materials manufacturer with roofing shingles, insulation (including polyiso), and composites. Competes with Carlisle in commercial roofing and insulation, but operates at significantly larger scale across multiple categories.
• Saint-Gobain: Saint-Gobain is a global building materials conglomerate with significant presence in insulation, roofing, and building envelope products through brands like CertainTeed. Competes with Carlisle across multiple product categories at much larger scale.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Instagraminstagram.com/carlislecompaniesinc
• LinkedInlinkedin.com/company/carlisle-companies

Revenue estimate

Valuation estimate

Number of profiles

Profiles17 records

Subsidiaries18 records

Funding overview

Funding rounds1 record

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A22 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Carlisle