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Segment Information (Tables) | 12 Months Ended
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Dec. 31, 2024
Segment Reporting [Abstract] |
Summary of Financial Information for Operations by Reportable Business Segment | Summary financial information, including significant expenses, by reportable segment follows:
|  |  |  | Year ended December, 31 2024
(in millions) |  |  |  | CCM |  | CWT |  | Total
Revenue |  |  |  | $ | 3,704.3 |  |  | $ | 1,299.3 |  |  | $ | 5,003.6 |
Cost of goods sold |  |  |  | 2,239.0 |  |  | 873.1 |  |  | 3,112.1 |
Selling and administrative expenses |  |  |  | 362.7 |  |  | 238.2 |  |  | 600.9 |
Research and development expenses |  |  |  | 23.7 |  |  | 11.7 |  |  | 35.4 |
Other operating (income) expense, net(1) |  |  |  | (5.4) |  |  | 2.7 |  |  | (2.7) |
Segment operating income |  |  |  | 1,084.3 |  |  | 173.6 |  |  | 1,257.9 |
Corporate and unallocated operating expense |  |  |  |  |  |  |  | 114.8 |
Interest expense, net |  |  |  |  |  |  |  | 73.3 |
Interest income |  |  |  |  |  |  |  | (60.3) |
Other non-operating expense |  |  |  |  |  |  |  | 19.2 |
Income from continuing operations before income taxes |  |  |  |  |  |  |  | $ | 1,110.9 |
(1)Primarily relates to lease terminations, insurance settlements, and litigation settlements.
|  |  |  | Year ended December 31, 2023
(in millions) |  |  |  | CCM |  | CWT |  | Total
Revenue |  |  |  | $ | 3,253.4 |  |  | $ | 1,333.5 |  |  | $ | 4,586.9 |
Cost of goods sold |  |  |  | 2,035.4 |  |  | 910.2 |  |  | 2,945.6 |
Selling and administrative expenses |  |  |  | 287.3 |  |  | 219.6 |  |  | 506.9 |
Research and development expenses |  |  |  | 18.0 |  |  | 10.7 |  |  | 28.7 |
Other operating (income) expense, net(1) |  |  |  | (1.2) |  |  | 5.1 |  |  | 3.9 |
Segment operating income |  |  |  | 913.9 |  |  | 187.9 |  |  | 1,101.8 |
Corporate and unallocated operating expense |  |  |  |  |  |  |  | 119.0 |
Interest expense, net |  |  |  |  |  |  |  | 75.6 |
Interest income |  |  |  |  |  |  |  | (20.1) |
Other non-operating income |  |  |  |  |  |  |  | (3.1) |
Income from continuing operations before income taxes |  |  |  |  |  |  |  | $ | 930.4 |
(1)Primarily relates to (gain)/loss on sale of fixed assets, litigation settlements, and fixed asset impairments.
|  |  |  | Year ended December 31, 2022
(in millions) |  |  |  | CCM |  | CWT |  | Total
Revenue |  |  |  | $ | 3,885.2 |  |  | $ | 1,564.2 |  |  | $ | 5,449.4 |
Cost of goods sold |  |  |  | 2,403.5 |  |  | 1,181.0 |  |  | 3,584.5 |
Selling and administrative expenses |  |  |  | 296.6 |  |  | 221.4 |  |  | 518.0 |
Research and development expenses |  |  |  | 11.2 |  |  | 7.8 |  |  | 19.0 |
Other operating (income) expense, net(1) |  |  |  | (1.1) |  |  | 25.4 |  |  | 24.3 |
Segment operating income |  |  |  | 1,175.0 |  |  | 128.6 |  |  | 1,303.6 |
Corporate and unallocated operating expense |  |  |  |  |  |  |  | 98.8 |
Interest expense, net |  |  |  |  |  |  |  | 85.9 |
Interest income |  |  |  |  |  |  |  | (6.8) |
Other non-operating expense |  |  |  |  |  |  |  | 2.0 |
Income from continuing operations before income taxes |  |  |  |  |  |  |  | $ | 1,123.7 |
(1)Primarily relates to fixed asset and intangible asset impairments. Other financial information by reportable segment follows:
(in millions) |  | Depreciation and Amortization |  | Capital Expenditures
2024 |  |  |  |
Carlisle Construction Materials |  | $ | 80.7 |  |  | $ | 65.5 |
Carlisle Weatherproofing Technologies |  | 88.3 |  |  | 35.4 |
Segment Total |  | 169.0 |  |  | 100.9 |
Corporate and unallocated |  | 3.6 |  |  | — |
Total |  | $ | 172.6 |  |  | $ | 100.9 |
2023 |  |  |  |
Carlisle Construction Materials |  | $ | 57.0 |  |  | $ | 84.5 |
Carlisle Weatherproofing Technologies |  | 88.1 |  |  | 26.0 |
Segment Total |  | 145.1 |  |  | 110.5 |
Corporate and unallocated |  | 6.0 |  |  | 0.3 |
Total |  | $ | 151.1 |  |  | $ | 110.8 |
2022 |  |  |  |
Carlisle Construction Materials |  | $ | 55.6 |  |  | $ | 135.1 |
Carlisle Weatherproofing Technologies |  | 97.1 |  |  | 21.6 |
Segment Total |  | 152.7 |  |  | 156.7 |
Corporate and unallocated |  | 5.9 |  |  | 2.1 |
Total |  | $ | 158.6 |  |  | $ | 158.8 |
Summary of Long-Lived Assets, Excluding Deferred Tax Assets and Intangible Assets, by Region | Long-lived assets, excluding deferred tax assets and intangible assets, by region follows:
(in millions) |  | December 31, 2024 |  | December 31, 2023
United States |  | $ | 754.6 |  |  | $ | 654.8 |
International: |  |  |  |
Europe |  | 74.9 |  |  | 79.6 |
Other |  | 71.9 |  |  | 21.3 |
Total long-lived assets |  | $ | 901.4 |  |  | $ | 755.7 |
Summary of Disaggregation of Revenue | A summary of revenues based on the country to which the product was delivered and reconciliation of disaggregated revenue by segment follows:
|  | 2024
(in millions) |  | CCM |  | CWT |  |  | Total
United States |  | $ | 3,373.7 |  |  | $ | 1,153.5 |  |  |  | $ | 4,527.2 |
International: |  |  |  |  |  |  |
Europe |  | 217.3 |  |  | 20.5 |  |  |  | 237.8 |
North America (excluding U.S.) |  | 85.0 |  |  | 109.7 |  |  |  | 194.7 |
Other |  | 28.3 |  |  | 15.6 |  |  |  | 43.9 |
Total international |  | 330.6 |  |  | 145.8 |  |  |  | 476.4 |
Total revenues |  | $ | 3,704.3 |  |  | $ | 1,299.3 |  |  |  | $ | 5,003.6 |
|  | 2023
(in millions) |  | CCM |  | CWT |  | Total
United States |  | $ | 2,949.3 |  |  | $ | 1,180.8 |  |  | $ | 4,130.1 |
International: |  |  |  |  |  |
Europe |  | 192.7 |  |  | 19.1 |  |  | 211.8 |
North America (excluding U.S.) |  | 85.4 |  |  | 112.6 |  |  | 198.0 |
Other |  | 26.0 |  |  | 21.0 |  |  | 47.0 |
Total international |  | 304.1 |  |  | 152.7 |  |  | 456.8 |
Total revenues |  | $ | 3,253.4 |  |  | $ | 1,333.5 |  |  | $ | 4,586.9 |
|  | 2022
(in millions) |  | CCM |  | CWT |  | Total
United States |  | $ | 3,526.2 |  |  | $ | 1,397.8 |  |  | $ | 4,924.0 |
International: |  |  |  |  |  |
Europe |  | 233.8 |  |  | 18.8 |  |  | 252.6 |
North America (excluding U.S.) |  | 98.0 |  |  | 127.8 |  |  | 225.8 |
Other |  | 27.2 |  |  | 19.8 |  |  | 47.0 |
Total international |  | 359.0 |  |  | 166.4 |  |  | 525.4 |
Total revenues |  | $ | 3,885.2 |  |  | $ | 1,564.2 |  |  | $ | 5,449.4 |

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