Carlisle Companies Incorporated (CSL) vs Trane Technologies plc (TT)

Carlisle Companies Incorporated and Trane Technologies plc are both Building Products & Equipment companies. Trane Technologies plc is the larger, with a market value of $85.9B against $14.7B — 5.9× the size. Carlisle Companies Incorporated trades at the lower P/E: 21.4× against 27.8×. Trane Technologies plc grew revenue faster over the last twelve months: 10.3% against 3.96%. Carlisle Companies Incorporated has the higher net margin (13.8% vs 13.6%) and the lower return on invested capital (16.8% vs 21.5%). Both pay a dividend; Carlisle Companies Incorporated yields more (1.20% vs 1.04%). Across the 23 metrics below, Carlisle Companies Incorporated leads on 12 and Trane Technologies plc on 11.

Valuation

Metric CSL TT Building Products & Equipment median
P/E 21.38 27.83 23.33
P/S 2.88 3.73 2.09
P/B 10.43 9.49 2.85
Price to free cash flow 19.98 22.60 18.42
EV/EBITDA 14.30 19.63 13.29
EV/Sales 3.33 3.86 2.28
Earnings yield 4.68% 3.59% 3.04%
Free cash flow yield 5.00% 4.43% 4.26%

Profitability

Metric CSL TT Building Products & Equipment median
Gross margin 34.66% 34.99% 31.88%
Operating margin 19.49% 17.92% 7.18%
Net margin 13.78% 13.56% 4.11%
Free cash flow margin 14.40% 16.52% 6.41%
Return on equity 41.89% 36.04% 5.95%
Return on assets 11.51% 13.92% 3.90%
Return on invested capital 16.80% 21.46% 5.54%

Growth

Metric CSL TT Building Products & Equipment median
Revenue growth (TTM) 3.96% 10.33% 6.27%
EPS growth (last fiscal year) (38.46%) 15.48% (28.29%)
Revenue growth, 5-year CAGR 4.81% 11.35% 4.81%
Net income growth, 5-year CAGR 18.35% 27.84% 0.00%

Health

Metric CSL TT Building Products & Equipment median
Debt to equity 2.01 0.46 0.55
Current ratio 2.40 1.12 1.83
Net debt to EBITDA 1.48 0.66 1.45

Dividend

Metric CSL TT Building Products & Equipment median
Dividend yield 1.20% 1.04% 1.37%
Payout ratio 0.26 0.29 0.28

Size

Metric CSL TT Building Products & Equipment median
Market cap 14.65b 85.90b 3.22b

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