Carlisle Companies Incorporated Q2 2026 Earnings Recap

Carlisle’s shares rose 6.4% post-earnings as revenue growth and margin improvement in CWT, along with strong execution in reroofing demand and strategic initiatives, outpaced inflationary cost pressures and margin compression concerns.

Key Takeaways

• Second quarter revenue increased 8% to a record $1.6 billion, driven by an 8% gain in CCM and a 10% increase in CWT.
• Adjusted EPS rose 12% to $7.03, supported by share repurchases and higher operating earnings despite elevated raw material and freight costs.
• Adjusted EBITDA margin declined 70 basis points to 26.2%, reflecting cost inflation outpacing pricing realization this quarter, with CCM margin falling 90 basis points but holding above 30%.
• CWT margin improved 380 basis points sequentially to 19%, benefiting from structural efficiency initiatives and ongoing cost discipline.
• Full year revenue guidance was raised to mid single-digit growth, while margin forecast was lowered by 50 basis points to flat adjusted EBITDA margin year over year, signaling cautious margin outlook despite pricing actions.