CSL vs. BLD
CSL (Carlisle Companies Incorporated) and BLD (TopBuild Corp.) are both stocks. Both are in the Industrials sector — CSL in Building Products & Equipment, BLD in Engineering & Construction. Over the past 10 years, CSL returned 14.57%/yr vs 27.86%/yr for BLD. A 0.51 correlation means they provide meaningful diversification when combined.
Performance
CSL vs. BLD - Performance Comparison
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Returns By Period
In the year-to-date period, CSL achieves a 8.12% return, which is significantly higher than BLD's -1.46% return. Over the past 10 years, CSL has underperformed BLD with an annualized return of 14.57%, while BLD has yielded a comparatively higher 27.86% annualized return.
CSL
- 1D
- 0.82%
- 1M
- 4.26%
- YTD
- 8.12%
- 6M
- 4.47%
- 1Y
- -2.49%
- 3Y*
- 14.36%
- 5Y*
- 13.87%
- 10Y*
- 14.57%
BLD
- 1D
- 0.30%
- 1M
- 2.58%
- YTD
- -1.46%
- 6M
- -5.70%
- 1Y
- 37.70%
- 3Y*
- 19.98%
- 5Y*
- 16.32%
- 10Y*
- 27.86%
CSL vs. BLD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CSL Carlisle Companies Incorporated | 8.12% | -12.26% | 19.14% | 34.26% | -4.08% | 60.64% | -1.96% | 63.10% | -10.31% | 4.51% |
BLD TopBuild Corp. | -1.46% | 34.00% | -16.81% | 139.16% | -43.28% | 49.89% | 78.58% | 129.07% | -40.59% | 112.75% |
Correlation
The correlation between CSL and BLD is 0.65, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.65 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.62 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.61 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.52 |
Correlation (All Time) Calculated using the full available price history since Jul 1, 2015 | 0.51 |
The correlation between CSL and BLD shifts across timeframes, from 0.51 (all time) to 0.65 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
CSL:
$14.13B
BLD:
$11.56B
CSL:
$17.08
BLD:
$17.76
CSL:
20.13
BLD:
23.15
CSL:
0.52
BLD:
1.12
CSL:
2.93
BLD:
2.07
CSL:
8.55
BLD:
4.81
CSL:
$4.98B
BLD:
$5.62B
CSL:
$1.41B
BLD:
$1.62B
CSL:
$1.17B
BLD:
$933.40M
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Return for Risk
CSL vs. BLD — Risk / Return Rank
CSL
BLD
CSL vs. BLD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Carlisle Companies Incorporated (CSL) and TopBuild Corp. (BLD). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| CSL | BLD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.90 | ||
| Sortino ratioReturn per unit of downside risk | -1.51 | ||
| Omega ratioGain probability vs. loss probability | 1.01 | 1.17 | -0.16 |
| Calmar ratioReturn relative to maximum drawdown | -0.16 | 0.85 | -1.01 |
| Martin ratioReturn relative to average drawdown | -0.27 | 2.11 | -2.38 |
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Drawdowns
CSL vs. BLD - Drawdown Comparison
The maximum CSL drawdown since its inception was -64.56%, which is greater than BLD's maximum drawdown of -52.26%. Use the drawdown chart below to compare losses from any high point for CSL and BLD.
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Drawdown Indicators
| CSL | BLD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -64.56% | -52.26% | -12.30% |
Max Drawdown (1Y)Largest decline over 1 year | -31.67% | -39.12% | +7.45% |
Max Drawdown (3Y)Largest decline over 3 years | -37.72% | -42.41% | +4.69% |
Max Drawdown (5Y)Largest decline over 5 years | -37.72% | -49.39% | +11.67% |
Max Drawdown (10Y)Largest decline over 10 years | -38.68% | -52.26% | +13.58% |
Current DrawdownCurrent decline from peak | -27.08% | -25.38% | -1.70% |
Average DrawdownAverage peak-to-trough decline | -12.32% | -15.10% | +2.78% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 18.90% | 15.68% | +3.22% |
Volatility
CSL vs. BLD - Volatility Comparison
Carlisle Companies Incorporated (CSL) has a higher volatility of 10.87% compared to TopBuild Corp. (BLD) at 9.02%. This indicates that CSL's price experiences larger fluctuations and is considered to be riskier than BLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CSL | BLD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.87% | 9.02% | +1.85% |
Volatility (6M)Calculated over the trailing 6-month period | 24.85% | 33.81% | -8.96% |
Volatility (1Y)Calculated over the trailing 1-year period | 36.22% | 43.80% | -7.58% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 30.81% | 41.43% | -10.62% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.68% | 42.78% | -13.10% |
Dividends
CSL vs. BLD - Dividend Comparison
CSL's dividend yield for the trailing twelve months is around 1.28%, while BLD has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BLD TopBuild Corp. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
CSL Carlisle Companies Incorporated | 1.28% | 1.31% | 1.00% | 1.02% | 1.09% | 0.86% | 1.31% | 1.11% | 1.53% | 1.27% | 1.18% | 1.24% |
Financials
CSL vs. BLD - Financials Comparison
This section allows you to compare key financial metrics between Carlisle Companies Incorporated and TopBuild Corp.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
CSL vs. BLD - Profitability Comparison
CSL - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Carlisle Companies Incorporated reported a gross profit of 0.00 and revenue of 1.05B. Therefore, the gross margin over that period was 0.0%.
BLD - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, TopBuild Corp. reported a gross profit of 400.25M and revenue of 1.45B. Therefore, the gross margin over that period was 27.7%.
CSL - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Carlisle Companies Incorporated reported an operating income of 180.30M and revenue of 1.05B, resulting in an operating margin of 17.1%.
BLD - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, TopBuild Corp. reported an operating income of 175.04M and revenue of 1.45B, resulting in an operating margin of 12.1%.
CSL - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Carlisle Companies Incorporated reported a net income of 127.70M and revenue of 1.05B, resulting in a net margin of 12.1%.
BLD - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, TopBuild Corp. reported a net income of 104.81M and revenue of 1.45B, resulting in a net margin of 7.3%.
Frequently Asked Questions
CSL and BLD have a correlation of 0.65, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CSL has higher volatility (10.87%) compared to BLD (9.02%). In terms of maximum drawdown, CSL dropped -64.56% vs BLD's -52.26%.
BLD currently has the higher Sharpe Ratio (0.76 vs -0.14), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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