CARLISLE COMPANIES Business Summary

Carlisle Companies Inc. (CSL) is a pure-play manufacturer of high-performance building envelope products, generating revenue through the sale of engineered roofing, insulation, and weatherproofing solutions. The business is structured into two primary segments: Carlisle Construction Materials (CCM), which dominates the commercial single-ply roofing market (TPO, PVC, EPDM), and Carlisle Weatherproofing Technologies (CWT), which provides specialty insulation and moisture protection. A critical 70% of its building envelope revenue is anchored in the non-discretionary commercial re-roofing sector, providing a resilient, recurring revenue base that mitigates cyclical volatility in new construction. Carlisle competes directly with GAF, Holcim (Firestone/Duro-Last), Owens Corning, and Johns Manville, positioning itself as the premium, systems-based market leader in North American commercial building solutions. Originally founded in 1917 by Charles S. Moomy, Carlisle is led by Chairman, President, and CEO D. Christian Koch, who has spearheaded the company’s strategic transformation into a focused building products entity via the "Vision 2030" initiative. The leadership team includes Kevin P. Zdimal as CFO and Jason Taylor, who joined as President of CCM in November 2025 with extensive distribution expertise from Beacon Building Products. The company’s Board of Directors features industry veterans such as Sheryl D. Palmer (CEO of Taylor Morrison) and James D. Frias (former CFO of Nucor), reflecting a deep pedigree in construction and industrial finance. Publicly traded on the NYSE, Carlisle is recognized for its disciplined capital allocation and operational excellence, consistently earning top-tier executive rankings from institutional analysts.