CARLISLE COMPANIES INC
For the period ended Mar 31, 2026. Filed Apr 24, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2026 · Filed Apr 24, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Cash Flows (Unaudited)
| Three Months EndedMarch 31, | ||
|---|---|---|
| (in millions) | 2026 | 2025 |
| Operating activities: | ||
| Net income | $127.7 | $143.3 |
| Reconciliation of net income to net cash provided by (used in) operating activities: | ||
| Depreciation | 18.8 | 17.7 |
| Amortization | 30.4 | 30.1 |
| Stock-based compensation | 8.5 | 10.7 |
| Deferred taxes | 0.2 | (0.5) |
| Other operating activities, net | 6.5 | 8.6 |
| Changes in assets and liabilities, excluding effects of acquisitions: | ||
| Receivables | (98.3) | (116.3) |
| Inventories | (34.6) | (54.6) |
| Prepaid expenses and other assets | 13.3 | 7.5 |
| Accounts payable | 84.8 | 50.3 |
| Other current liabilities | (194.7) | (86.8) |
| Other long-term liabilities | (7.3) | (8.2) |
| Net cash provided by (used in) operating activities | (44.7) | 1.8 |
| Investing activities: | ||
| Acquisitions, net of cash acquired | — | (49.9) |
| Capital expenditures | (28.3) | (29.0) |
| Other investing activities, net | 0.3 | — |
| Net cash provided by (used in) investing activities | (28.0) | (78.9) |
| Financing activities: | ||
| Repurchases of common stock | (250.0) | (400.0) |
| Dividends paid | (45.7) | (45.2) |
| Proceeds from exercise of stock options | 38.9 | 2.7 |
| Withholding tax paid related to stock-based compensation | (9.9) | (12.9) |
| Other financing activities, net | (1.3) | (1.0) |
| Net cash provided by (used in) financing activities | (268.0) | (456.4) |
| Effect of foreign currency exchange rate changes on cash and cash equivalents | (0.1) | 0.2 |
| Change in cash and cash equivalents | (340.8) | (533.3) |
| Cash and cash equivalents at beginning of period | 1,112.1 | 753.5 |
| Cash and cash equivalents at end of period | $771.3 | $220.2 |
Condensed Consolidated Statements of Stockholders’ Equity (Unaudited)
| Common Stock · Additional Paid-In Capital · Accumulated Other Comprehensive Loss · Retained Earnings · Treasury Stock · Total Stockholders' Equity | ||||||||
|---|---|---|---|---|---|---|---|---|
| (in millions, except per share amounts) · Shares Outstanding · Amount · Shares · Cost | ||||||||
| Balance as of December 31, 2024 | 44.4 | $78.7 | $589.0 | $(110.1) | $6,773.1 | 34.2 | $(4,867.4) | $2,463.3 |
| Net income | — | — | — | — | 143.3 | — | — | 143.3 |
| Other comprehensive income (loss) | — | — | — | 8.3 | — | — | — | 8.3 |
| Dividends - $1.00 per share | — | — | — | — | (45.3) | — | — | (45.3) |
| Repurchases of common stock(1) | (1.2) | — | — | — | — | 1.2 | (403.7) | (403.7) |
| Stock-based compensation(2) | 0.1 | — | (2.5) | — | — | (0.1) | 3.1 | 0.6 |
| Balance as of March 31, 2025 | 43.3 | $78.7 | $586.5 | $(101.8) | $6,871.1 | 35.3 | $(5,268.0) | $2,166.5 |
| Balance as of December 31, 2025 | 41.0 | $78.7 | $603.5 | $(70.0) | $7,332.5 | 37.6 | $(6,149.3) | $1,795.4 |
| Net income | — | — | — | — | 127.7 | — | — | 127.7 |
| Other comprehensive income (loss) | — | — | — | (10.0) | — | — | — | (10.0) |
| Dividends - $1.10 per share | — | — | — | — | (45.7) | — | — | (45.7) |
| Repurchases of common stock(1) | (0.7) | — | — | — | — | 0.7 | (251.7) | (251.7) |
| Stock-based compensation(2) | 0.2 | — | 7.7 | — | — | (0.2) | 29.8 | 37.5 |
| Balance as of March 31, 2026 | 40.5 | $78.7 | $611.2 | $(80.0) | $7,414.5 | 38.1 | $(6,371.2) | $1,653.2 |
(1)Repurchases of common stock include excise taxes on share repurchases.
(2)Stock-based compensation includes stock options exercised net of tax, restricted and performance shares vested, and shares issued and deferred associated with deferred compensation.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.