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 $14.7B against $7.1B — 2.1× the size. Carlisle Companies Incorporated trades at the lower P/E: 21.4× against 22.8×. Armstrong World Industries, Inc. grew revenue faster over the last twelve months: 9.11% against 3.96%. Armstrong World Industries, Inc. has the higher net margin (18.4% vs 13.8%) and the higher return on invested capital (21.4% vs 16.8%). Both pay a dividend; Carlisle Companies Incorporated yields more (1.20% vs 0.81%). 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 22.79 21.38 23.33
P/S 4.12 2.88 2.09
P/B 8.05 10.43 2.85
Price to free cash flow 33.03 19.98 18.42
EV/EBITDA 13.29 14.30 13.29
EV/Sales 4.37 3.33 2.28
Earnings yield 4.39% 4.68% 3.04%
Free cash flow yield 3.03% 5.00% 4.26%

Profitability

Metric AWI CSL Building Products & Equipment median
Gross margin 39.83% 34.66% 31.88%
Operating margin 25.84% 19.49% 7.18%
Net margin 18.38% 13.78% 4.11%
Free cash flow margin 12.48% 14.40% 6.41%
Return on equity 36.00% 41.89% 5.95%
Return on assets 16.47% 11.51% 3.90%
Return on invested capital 21.35% 16.80% 5.54%

Growth

Metric AWI CSL Building Products & Equipment median
Revenue growth (TTM) 9.11% 3.96% 6.27%
EPS growth (last fiscal year) 17.61% (38.46%) (28.29%)
Revenue growth, 5-year CAGR 11.59% 4.81% 4.81%
Net income growth, 5-year CAGR 0.00% 18.35% 0.00%

Health

Metric AWI CSL Building Products & Equipment median
Debt to equity 0.56 2.01 0.55
Current ratio 1.45 2.40 1.83
Net debt to EBITDA 0.59 1.48 1.45

Dividend

Metric AWI CSL Building Products & Equipment median
Dividend yield 0.81% 1.20% 1.37%
Payout ratio 0.19 0.26 0.28

Size

Metric AWI CSL Building Products & Equipment median
Market cap 7.13b 14.65b 3.22b

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