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 $13.3B against $7.0B — 1.9× the size. Carlisle Companies Incorporated trades at the lower P/E: 19.0× against 23.0×. 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; Carlisle Companies Incorporated yields more (1.36% vs 0.81%). Across the 23 metrics below, Carlisle Companies Incorporated leads on 12 and Armstrong World Industries, Inc. on 11.

Valuation

Metric AWI CSL Building Products & Equipment median
P/E 23.04 19.03 23.15
P/S 4.22 2.63 2.02
P/B 8.08 8.30 2.81
Price to free cash flow 28.85 15.49 16.84
EV/EBITDA 13.61 12.88 12.85
EV/Sales 4.48 3.07 2.04
Earnings yield 4.34% 5.25% 2.76%
Free cash flow yield 3.47% 6.46% 4.23%

Profitability

Metric AWI CSL Building Products & Equipment median
Gross margin 40.30% 35.26% 29.19%
Operating margin 25.79% 19.95% 6.99%
Net margin 18.60% 14.21% 4.05%
Free cash flow margin 14.61% 17.00% 7.60%
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%) (34.13%)
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 0.81% 1.36% 1.43%
Payout ratio 0.19 0.26 0.29

Size

Metric AWI CSL Building Products & Equipment median
Market cap 7.04b 13.32b 1.17b

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