CSL vs. LPX
CSL (Carlisle Companies Incorporated) and LPX (Louisiana-Pacific Corporation) are both stocks. Both operate in the Building Products & Equipment industry within the Industrials sector. Over the past 10 years, CSL returned 14.57%/yr vs 17.39%/yr for LPX. At a 0.38 correlation, their price movements are largely independent.
Performance
CSL vs. LPX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, CSL achieves a 8.12% return, which is significantly higher than LPX's -6.35% return. Over the past 10 years, CSL has underperformed LPX with an annualized return of 14.57%, while LPX has yielded a comparatively higher 17.39% 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%
LPX
- 1D
- 0.37%
- 1M
- 7.41%
- YTD
- -6.35%
- 6M
- -12.73%
- 1Y
- -13.79%
- 3Y*
- 6.43%
- 5Y*
- 6.49%
- 10Y*
- 17.39%
CSL vs. LPX - 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% |
LPX Louisiana-Pacific Corporation | -6.35% | -21.05% | 47.93% | 21.55% | -23.38% | 113.30% | 27.96% | 36.40% | -13.75% | 38.72% |
Correlation
The correlation between CSL and LPX is 0.62, 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 | 0.62 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.57 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.58 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.51 |
Correlation (All Time) Calculated using the full available price history since Nov 5, 1987 | 0.38 |
Over the past year, CSL and LPX have become more correlated (0.62) than their long-term average of 0.38, meaning their price movements have been converging.
Fundamentals
CSL:
$14.13B
LPX:
$5.25B
CSL:
$17.08
LPX:
$1.17
CSL:
20.13
LPX:
64.06
CSL:
2.93
LPX:
2.05
CSL:
8.55
LPX:
3.04
CSL:
$4.98B
LPX:
$2.56B
CSL:
$1.41B
LPX:
$507.00M
CSL:
$1.17B
LPX:
$247.00M
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
CSL vs. LPX — Risk / Return Rank
CSL
LPX
CSL vs. LPX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Carlisle Companies Incorporated (CSL) and Louisiana-Pacific Corporation (LPX). 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 | LPX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.24 | ||
| Sortino ratioReturn per unit of downside risk | +0.37 | ||
| Omega ratioGain probability vs. loss probability | 1.01 | 0.96 | +0.04 |
| Calmar ratioReturn relative to maximum drawdown | -0.16 | -0.47 | +0.31 |
| Martin ratioReturn relative to average drawdown | -0.27 | -0.85 | +0.58 |
Loading charts...
Drawdowns
CSL vs. LPX - Drawdown Comparison
The maximum CSL drawdown since its inception was -64.56%, smaller than the maximum LPX drawdown of -96.41%. Use the drawdown chart below to compare losses from any high point for CSL and LPX.
Loading charts...
Drawdown Indicators
| CSL | LPX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -64.56% | -96.41% | +31.85% |
Max Drawdown (1Y)Largest decline over 1 year | -31.67% | -33.83% | +2.16% |
Max Drawdown (3Y)Largest decline over 3 years | -37.72% | -43.14% | +5.42% |
Max Drawdown (5Y)Largest decline over 5 years | -37.72% | -43.14% | +5.42% |
Max Drawdown (10Y)Largest decline over 10 years | -38.68% | -59.45% | +20.77% |
Current DrawdownCurrent decline from peak | -27.08% | -36.34% | +9.26% |
Average DrawdownAverage peak-to-trough decline | -12.32% | -37.86% | +25.54% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 18.90% | 18.73% | +0.17% |
Volatility
CSL vs. LPX - Volatility Comparison
The current volatility for Carlisle Companies Incorporated (CSL) is 10.87%, while Louisiana-Pacific Corporation (LPX) has a volatility of 13.37%. This indicates that CSL experiences smaller price fluctuations and is considered to be less risky than LPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| CSL | LPX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.87% | 13.37% | -2.50% |
Volatility (6M)Calculated over the trailing 6-month period | 24.85% | 31.61% | -6.76% |
Volatility (1Y)Calculated over the trailing 1-year period | 36.22% | 41.58% | -5.36% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 30.81% | 39.89% | -9.08% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.68% | 40.85% | -11.17% |
Dividends
CSL vs. LPX - Dividend Comparison
CSL's dividend yield for the trailing twelve months is around 1.28%, less than LPX's 1.55% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
LPX Louisiana-Pacific Corporation | 1.55% | 1.39% | 1.00% | 1.36% | 1.49% | 0.87% | 1.56% | 1.82% | 2.34% | 0.00% | 0.00% | 0.00% |
Financials
CSL vs. LPX - Financials Comparison
This section allows you to compare key financial metrics between Carlisle Companies Incorporated and Louisiana-Pacific Corporation. 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. LPX - 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%.
LPX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Louisiana-Pacific Corporation reported a gross profit of 115.00M and revenue of 574.00M. Therefore, the gross margin over that period was 20.0%.
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%.
LPX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Louisiana-Pacific Corporation reported an operating income of 34.00M and revenue of 574.00M, resulting in an operating margin of 5.9%.
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%.
LPX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Louisiana-Pacific Corporation reported a net income of 27.00M and revenue of 574.00M, resulting in a net margin of 4.7%.
Frequently Asked Questions
CSL and LPX have a correlation of 0.62, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
LPX has higher volatility (13.37%) compared to CSL (10.87%). In terms of maximum drawdown, CSL dropped -64.56% vs LPX's -96.41%.
CSL currently has the higher Sharpe Ratio (-0.14 vs -0.38), 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.
Find the right allocation for CSL and LPX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer