Carlisle Companies Reports Third Quarter Results
Carlisle posted Q3 2026 revenue of $1.46 billion, up 9% year-over-year, with record Q3 adjusted EPS of $5.92 (+6%) and GAAP diluted EPS of $5.22. Margins were the sore spot: adjusted EBITDA margin fell 210 bps YoY to 23.8% as Middle East conflict-driven petroleum, diesel, and freight inflation outpaced pricing, which management framed as a timing issue, not structural. Capital returns were heavy -- $350 million of Q3 buybacks, on track for a $1.2 billion 2026 target, plus a 14% dividend increase marking the 50th consecutive annual raise ('Dividend King' status).
Key figures
- Eps
- 5.22
- Guidance
- Q4 2026: consolidated revenue up high-single-digit % YoY with flat adjusted EBITDA margin YoY; no near-term recovery in new construction assumed
- Revenue Yoy
- 9%
- Cash
- $547 million
- Q3 buybacks
- $350 million
- Adjusted eps
- 5.92
- Ytd buybacks
- $850 million
- Adjusted ebitda
- 348100000
- Fcf nine months
- $407 million
- Adjusted eps yoy
- 6%
- Operating margin
- 20.0%
- Dividend increase
- 14%
- Adjusted ebitda margin
- 23.8%
- Adjusted ebitda margin change
- -210 bps YoY
AI analysis
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