AAON, Inc. (AAON) vs Carlisle Companies Incorporated (CSL)

AAON, Inc. and Carlisle Companies Incorporated are both Building Products & Equipment companies. Carlisle Companies Incorporated is the larger, with a market value of $12.5B against $7.0B — 1.8× the size. Carlisle Companies Incorporated trades at the lower P/E: 18.6× against 45.7×. AAON, Inc. grew revenue faster over the last twelve months: 53.5% against 1.90%. Carlisle Companies Incorporated has the higher net margin (14.2% vs 8.24%) and the higher return on invested capital (16.6% vs 9.31%). Both pay a dividend; Carlisle Companies Incorporated yields more (0.88% vs 0.51%). Across the 22 metrics below, Carlisle Companies Incorporated leads on 16 and AAON, Inc. on 6.

Valuation

Metric AAON CSL Building Products & Equipment median
P/E 45.69 18.61 24.54
P/S 3.79 2.57 2.00
P/B 7.25 8.11 3.02
Price to free cash flow n/m 15.14 18.49
EV/EBITDA 25.90 12.63 12.63
EV/Sales 4.01 3.01 2.14
Earnings yield 2.19% 5.37% 2.74%
Free cash flow yield (1.77%) 6.61% 3.58%

Profitability

Metric AAON CSL Building Products & Equipment median
Gross margin 25.57% 35.26% 29.19%
Operating margin 11.05% 19.95% 6.84%
Net margin 8.24% 14.21% 4.05%
Free cash flow margin (6.71%) 17.00% 8.72%
Return on equity 17.28% 38.77% 9.28%
Return on assets 9.76% 12.33% 2.88%
Return on invested capital 9.31% 16.56% 5.16%

Growth

Metric AAON CSL Building Products & Equipment median
Revenue growth (TTM) 53.53% 1.90% 3.11%
EPS growth (last fiscal year) (36.14%) (38.46%) —
Revenue growth, 5-year CAGR 22.89% 4.81% 5.37%
Net income growth, 5-year CAGR 6.37% 18.35% 0.00%

Health

Metric AAON CSL Building Products & Equipment median
Debt to equity 0.43 1.78 0.43
Current ratio 3.01 2.60 1.82
Net debt to EBITDA 1.76 1.48 0.98

Dividend

Metric AAON CSL Building Products & Equipment median
Dividend yield 0.51% 0.88% 1.20%
Payout ratio 0.18 0.20 0.04

Size

Metric AAON CSL Building Products & Equipment median
Market cap 6.99b 12.48b 1.18b

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