New York, Feb 4, 2026, 14:57 EST — Regular session
- Shares jumped roughly 11% following Carlisle’s quarterly results and its 2026 outlook announcement
- The company projects low single-digit revenue growth for 2026, along with about a 0.50-point boost in margins
- Management anticipates a weaker first quarter, followed by a more robust second half
Carlisle Companies’ stock surged roughly 10.7% Wednesday afternoon, hitting $394. The building-envelope products maker beat Q4 profit estimates and forecasted another year of steady growth alongside sizable buybacks.
The rally matters as investors scramble to figure out the next phase of the construction cycle. New-build activity remains patchy, pushing focus toward firms that rely on steady repair-and-replacement work to safeguard their margins.
Carlisle projects full-year 2026 revenue growth in the low single digits, with adjusted EBITDA margins expanding roughly 50 basis points, or 0.50 percentage point. Adjusted EBITDA excludes interest, taxes, depreciation, amortization, and certain items the company believes obscure true performance.
Carlisle reported fourth-quarter revenue of $1.13 billion and adjusted EPS of $3.90, down from $4.47 the previous year, in its latest quarterly filing. Diluted EPS came in at $3.19. The company noted that demand for re-roofing, which makes up about 70% of its commercial roofing segment, helped offset softness in new construction.
Carlisle Construction Materials saw revenue dip 0.8% to $827 million. Meanwhile, its Weatherproofing Technologies unit climbed 4% to $301 million, buoyed by acquisitions. Adjusted EBITDA margins dropped in both divisions amid weaker volumes.
Management warned of a rough start to the year. On the earnings call, CFO Kevin Zdimal said first-quarter 2026 revenue is expected to dip low single digits compared to last year, blaming tough weather and a tariff-driven pull-forward that boosted demand early in 2025. He sees a flat second quarter ahead before momentum picks up in the second half. CEO Chris Koch described Carlisle as “focused, strong, and disciplined” during the call. Investing.com
Carlisle’s capital return strategy kept investor confidence intact. The company posted $1.1 billion in operating cash flow for 2025 and bought back $1.3 billion of its own shares, it reported. It also announced plans for up to $1 billion in buybacks next year.
Carlisle, known for commercial roofing systems and other building-envelope products focused on energy efficiency and weatherproofing, has pitched its business as less dependent on new construction cycles and more connected to ongoing maintenance demands from an aging building stock.
Carlisle cautioned that “challenging market conditions” might linger through the first half of 2026. The margin expansion target hinges on pricing and costs remaining under control despite shaky volume trends.
The next major milestone for investors is the upcoming quarterly report, scheduled for April 23, 2026, per Markets Insider calendar data.
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