ROP vs. CSL

Last updated Jun 3, 2026

ROP (Roper Technologies, Inc.) and CSL (Carlisle Companies Incorporated) are both stocks. Both are in the Industrials sector — ROP in Specialty Industrial Machinery, CSL in Building Products & Equipment. Over the past 10 years, ROP returned 7.60%/yr vs 14.50%/yr for CSL. At a 0.39 correlation, their price movements are largely independent.

Performance

ROP vs. CSL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Roper Technologies, Inc. (ROP) and Carlisle Companies Incorporated (CSL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ROP achieves a -24.06% return, which is significantly lower than CSL's 8.27% return. Over the past 10 years, ROP has underperformed CSL with an annualized return of 7.60%, while CSL has yielded a comparatively higher 14.50% annualized return.

ROP

• 1D: -2.25%
• 1M: -6.06%
• YTD: -24.06%
• 6M: -23.89%
• 1Y: -40.16%
• 3Y*: -9.25%
• 5Y*: -4.95%
• 10Y*: 7.60%

CSL

• 1D: 1.62%
• 1M: -3.26%
• YTD: 8.27%
• 6M: 8.32%
• 1Y: -6.36%
• 3Y*: 16.34%
• 5Y*: 13.97%
• 10Y*: 14.50%

*Multi-year figures are annualized to reflect compound growth (CAGR)

ROP vs. CSL - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ROP Roper Technologies, Inc.	-24.06%	-13.85%	-4.11%	26.92%	-11.64%	14.69%	22.39%	33.66%	3.51%	42.39%
CSL Carlisle Companies Incorporated	8.27%	-12.26%	19.14%	34.26%	-4.08%	60.64%	-1.96%	63.10%	-10.31%	4.51%

Correlation

The correlation between ROP and CSL is 0.09, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.09
Correlation (3Y) Calculated over the trailing 3-year period	0.28
Correlation (5Y) Calculated over the trailing 5-year period	0.38
Correlation (10Y) Calculated over the trailing 10-year period	0.42
Correlation (All Time) Calculated using the full available price history since Feb 14, 1992	0.39

Over the past year, the correlation between ROP and CSL has dropped to 0.09 - well below their long-term average of 0.39, suggesting their price drivers have been diverging.

Fundamentals

Market Cap ROP : $35.20B CSL : $14.15B
EPS ROP : $15.98 CSL : $17.08
PE Ratio ROP : 21.06 CSL : 20.15
PEG Ratio ROP : 2.50 CSL : 0.52
PS Ratio ROP : 4.45 CSL : 2.94
PB Ratio ROP : 1.87 CSL : 8.56
Total Revenue (TTM) ROP : $8.12B CSL : $4.98B
Gross Profit (TTM) ROP : $5.63B CSL : $1.41B
EBITDA (TTM) ROP : $3.24B CSL : $1.17B

Return for Risk

ROP vs. CSL — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ROP

ROP Risk / Return Rank: 2
ROP Sharpe Ratio Rank: 0
ROP Sortino Ratio Rank: 1
ROP Omega Ratio Rank: 2
ROP Calmar Ratio Rank: 5
ROP Martin Ratio Rank: 4

CSL

CSL Risk / Return Rank: 31
CSL Sharpe Ratio Rank: 33
CSL Sortino Ratio Rank: 29
CSL Omega Ratio Rank: 29
CSL Calmar Ratio Rank: 31
CSL Martin Ratio Rank: 32

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ROP vs. CSL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roper Technologies, Inc. (ROP) and Carlisle Companies Incorporated (CSL). 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.

	ROP	CSL	Difference
Sharpe ratio Return per unit of total volatility	-1.61	-0.18	-1.43
Sortino ratio Return per unit of downside risk	-2.31	-0.01	-2.30
Omega ratio Gain probability vs. loss probability	0.70	1.00	-0.29
Calmar ratio Return relative to maximum drawdown	-0.91	-0.26	-0.65
Martin ratio Return relative to average drawdown	-1.54	-0.45	-1.10
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ROP vs. CSL - Sharpe Ratio Comparison

The current ROP Sharpe Ratio is -1.61, which is lower than the CSL Sharpe Ratio of -0.18. The chart below compares the historical Sharpe Ratios of ROP and CSL, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	ROP	CSL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-1.61	-0.18	-1.43
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.23	0.46	-0.69
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.33	0.49	-0.17
Sharpe Ratio (All Time) Calculated using the full available price history	0.50	0.52	-0.02

Drawdowns

ROP vs. CSL - Drawdown Comparison

The maximum ROP drawdown since its inception was -58.94%, smaller than the maximum CSL drawdown of -64.56%. Use the drawdown chart below to compare losses from any high point for ROP and CSL.

Drawdown Indicators

	ROP	CSL	Difference
Max Drawdown Largest peak-to-trough decline	-58.94%	-64.56%	+5.62%
Max Drawdown (1Y) Largest decline over 1 year	-44.66%	-31.67%	-12.99%
Max Drawdown (3Y) Largest decline over 3 years	-46.51%	-37.72%	-8.79%
Max Drawdown (5Y) Largest decline over 5 years	-46.51%	-37.72%	-8.79%
Max Drawdown (10Y) Largest decline over 10 years	-46.51%	-38.68%	-7.83%
Current Drawdown Current decline from peak	-42.81%	-26.98%	-15.83%
Average Drawdown Average peak-to-trough decline	-11.41%	-12.31%	+0.90%
Ulcer Index Depth and duration of drawdowns from previous peaks	26.24%	18.57%	+7.67%

Volatility

ROP vs. CSL - Volatility Comparison

The current volatility for Roper Technologies, Inc. (ROP) is 10.11%, while Carlisle Companies Incorporated (CSL) has a volatility of 10.71%. This indicates that ROP experiences smaller price fluctuations and is considered to be less risky than CSL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ROP	CSL	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.11%	10.71%	-0.60%
Volatility (6M) Calculated over the trailing 6-month period	21.58%	23.88%	-2.30%
Volatility (1Y) Calculated over the trailing 1-year period	25.04%	35.54%	-10.50%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.40%	30.63%	-9.23%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.35%	29.59%	-6.24%

Dividends

ROP vs. CSL - Dividend Comparison

ROP's dividend yield for the trailing twelve months is around 1.03%, less than CSL's 1.28% 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%
ROP Roper Technologies, Inc.	1.03%	0.74%	0.58%	0.50%	0.57%	0.46%	0.48%	0.52%	0.62%	0.54%	0.66%	0.53%

Financials

ROP vs. CSL - Profitability Comparison

The chart below illustrates the profitability comparison between Roper Technologies, Inc. and Carlisle Companies Incorporated over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

ROP - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Roper Technologies, Inc. reported a gross profit of 1.45B and revenue of 2.10B. Therefore, the gross margin over that period was 69.4%.

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%.

ROP - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Roper Technologies, Inc. reported an operating income of 569.60M and revenue of 2.10B, resulting in an operating margin of 27.2%.

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%.

ROP - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Roper Technologies, Inc. reported a net income of 508.90M and revenue of 2.10B, resulting in a net margin of 24.3%.

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%.

Frequently Asked Questions

Can I hold both ROP and CSL in my portfolio?

ROP and CSL have a correlation of 0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ROP or CSL?

CSL has higher volatility (10.71%) compared to ROP (10.11%). In terms of maximum drawdown, ROP dropped -58.94% vs CSL's -64.56%.

Which has better risk-adjusted returns?

CSL currently has the higher Sharpe Ratio (-0.18 vs -1.61), 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.