CSL vs MAS: Carlisle Companies and Masco compared
The short version
From the latest prices and each company's SEC filings. Who's ahead on each measure, not which to buy.
- Masco is the larger company, worth $13.3B, close to Carlisle Companies's $12.4B.
- Carlisle Companies grew revenue faster over the last year (+8.3% vs +6.5%).
- Carlisle Companies keeps more of each dollar of revenue as operating profit (19.9% vs 16.6%).
- On earnings, Masco is the cheaper stock (16.3x vs 17.9x).
- Masco's price assumes faster free cash flow growth: about 1% a year, against -1% for Carlisle Companies (reverse DCF).
Side by side
The stronger figure is shaded where higher (or, for valuation multiples, lower) reads as better. How the implied growth works.
| Measure | CSL | MAS |
|---|---|---|
| Market cap | $12.4B | $13.3B |
| Share price | $320.36 | $68.75 |
| Revenue (last fiscal year) | $5.0B | $7.6B |
| Free cash flow (last fiscal year) | $971M | $866M |
| Revenue growth, last year | +8.3% | +6.5% |
| Revenue growth per year, last 5 fiscal years | +7.0% | -2.5% |
| Operating margin | 19.9% | 16.6% |
| Net margin | 14.2% | 10.9% |
| Return on equity | 44.8% | — |
| P/E (trailing) | 17.9x | 16.3x |
| Price / free cash flow | 12.8x | 15.3x |
| EV / EBITDA | 12.6x | 12.4x |
| FCF growth the price implies | -0.89% | 1.5% |
| Dividend yield | 1.3% | 1.9% |
| Debt / equity | 2.86x | — |
| Fundamental grade | C | B |
| Superinvestors holding it | 6 | 0 |
| Insider purchases, last 12 months | 0 | 0 |
Results from SEC filings
Revenue and free cash flow by fiscal year, from each company's 10-K filings.
Carlisle Companies
| Year | Revenue | Free cash flow | Op. margin |
|---|---|---|---|
| 2021 | $3.8B | $287M | 14.9% |
| 2022 | $5.4B | $817M | 22.1% |
| 2023 | $4.6B | $1.1B | 21.4% |
| 2024 | $5.0B | $917M | 22.8% |
| 2025 | $5.0B | $971M | 20.0% |
Masco
| Year | Revenue | Free cash flow | Op. margin |
|---|---|---|---|
| 2021 | $8.4B | $802M | 16.8% |
| 2022 | $8.7B | $616M | 14.9% |
| 2023 | $8.0B | $1.2B | 16.9% |
| 2024 | $7.8B | $907M | 17.4% |
| 2025 | $7.6B | $866M | 16.5% |
Where the revenue comes from
Carlisle Companies · by segments, 2025
CCM$3.7B74%
CWT$1.3B26%
Masco · by segments, 2025
Plumbing Products$5.0B66%
Decorative Architectural Products$2.6B34%
Compare them in fullFifteen years of statements, quarterly results, DCF and IRR models, and any number of peers side by side.
Open CSL in InvestinglyQuestions
Which is bigger, Carlisle Companies or Masco?
Masco (MAS), at $13.3B against $12.4B.
Is CSL or MAS cheaper?
By trailing P/E, Masco (16.3x) is cheaper than Carlisle Companies (17.9x). A lower multiple can also mean the market expects less growth.
Which grows faster, CSL or MAS?
Carlisle Companies: revenue grew +8.3% over the last year, against +6.5%.
Prices and ratios as of the last daily update; statements from SEC filings. Information only, not investment advice.