Armstrong World Industries, Inc. (AWI) vs Carlisle Companies Incorporated (CSL)

Armstrong World Industries, 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 $6.9B — 1.8× the size. Carlisle Companies Incorporated trades at the lower P/E: 18.6× against 22.3×. Armstrong World Industries, Inc. grew revenue faster over the last twelve months: 8.57% against 1.90%. Armstrong World Industries, Inc. has the higher net margin (18.6% vs 14.2%) and the higher return on invested capital (20.6% vs 16.6%). Both pay a dividend; Armstrong World Industries, Inc. yields more (0.99% vs 0.88%). Across the 23 metrics below, Armstrong World Industries, Inc. leads on 12 and Carlisle Companies Incorporated on 11.

Valuation

Metric AWI CSL Building Products & Equipment median
P/E 22.30 18.61 24.54
P/S 4.08 2.57 2.00
P/B 7.82 8.11 3.02
Price to free cash flow 27.93 15.14 18.49
EV/EBITDA 13.20 12.63 12.63
EV/Sales 4.34 3.01 2.14
Earnings yield 4.48% 5.37% 2.74%
Free cash flow yield 3.58% 6.61% 3.58%

Profitability

Metric AWI CSL Building Products & Equipment median
Gross margin 40.30% 35.26% 29.19%
Operating margin 25.79% 19.95% 6.84%
Net margin 18.60% 14.21% 4.05%
Free cash flow margin 14.61% 17.00% 8.72%
Return on equity 36.62% 38.77% 9.28%
Return on assets 16.30% 12.33% 2.88%
Return on invested capital 20.58% 16.56% 5.16%

Growth

Metric AWI CSL Building Products & Equipment median
Revenue growth (TTM) 8.57% 1.90% 3.11%
EPS growth (last fiscal year) 17.61% (38.46%) —
Revenue growth, 5-year CAGR 11.59% 4.81% 5.37%
Net income growth, 5-year CAGR 0.00% 18.35% 0.00%

Health

Metric AWI CSL Building Products & Equipment median
Debt to equity 0.59 1.78 0.43
Current ratio 1.52 2.60 1.82
Net debt to EBITDA 0.59 1.48 0.98

Dividend

Metric AWI CSL Building Products & Equipment median
Dividend yield 0.99% 0.88% 1.20%
Payout ratio 0.20 0.20 0.04

Size

Metric AWI CSL Building Products & Equipment median
Market cap 6.85b 12.48b 1.18b

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