CSL vs. NXT: Carlisle vs. Nextracker Stock Comparison
How do Carlisle (CSL) and Nextracker (NXT) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
Carlisle (CSL) and Nextracker (NXT) both fall under the Capital Goods industry group, but CSL is classified in Building Products while NXT is classified in Electrical Equipment.
Carlisle (CSL) has more than two decades of public-market history since February 21, 1973, whereas Nextracker (NXT) listed on February 9, 2023 and has a much shorter record to draw on.
| Profile Item | CSL | NXT |
|---|---|---|
| Name | Carlisle Companies Incorporated | Nextpower Inc. Class A Common Stock |
| Country/Region | United States | United States |
| GICS Sector | Industrials | Industrials |
| GICS Industry Group | Capital Goods | Capital Goods |
| GICS Industry | Building Products | Electrical Equipment |
| GICS Sub-Industry | Building Products | Electrical Components & Equipment |
| Market Capitalization | 14.52 billion USD | 16.00 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | Nasdaq |
| Listing Date | February 21, 1973 | February 9, 2023 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | CSL | NXT |
|---|---|---|
| Total Return (1Y) | 24.99% | 0.06% |
| Total Return (3Y, Annualized) | 15.85% | 45.51% |
| Total Return (5Y, Annualized) | 12.02% | -- |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | CSL | NXT |
|---|---|---|
| Volatility (1Y, Annualized) | 38.46% | 68.10% |
| Beta (5Y) | 0.76 | 1.66 |
| Max Drawdown (5Y) | -37.72% | -51.10% |
| Avg. Volume (3M) | 509.16K | 2.38M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | CSL | NXT |
|---|---|---|
| Sharpe Ratio (1Y) | 0.54 | -0.06 |
| Sortino Ratio (1Y) | 0.87 | -0.09 |
Profitability
ROE (TTM)
Both companies show strong equity returns, but Carlisle (CSL) at 42.34% is the standout with ROE above its industry range; Nextracker (NXT) at 26.46% also sits in the top quartile.
CSL
Capital Goods industry group
42.34%
- CSL
- 42.34%
- Max
- 40.55%
- Q3
- 19.29%
- Median
- 12.12%
- Q1
- 4.08%
- Min
- -17.12%
NXT
Capital Goods industry group
26.46%
- Max
- 40.55%
- NXT
- 26.46%
- Q3
- 19.29%
- Median
- 12.12%
- Q1
- 4.08%
- Min
- -17.12%
Net Margin (TTM)
For every dollar of sales, both Carlisle (CSL) at 13.78% and Nextracker (NXT) at 15.98% retain more as net profit than most peers, landing in the top net margin quartile of their industries.
CSL
Capital Goods industry group
13.78%
- Max
- 27.47%
- CSL
- 13.78%
- Q3
- 12.10%
- Median
- 6.30%
- Q1
- 1.40%
- Min
- -12.89%
NXT
Capital Goods industry group
15.98%
- Max
- 27.47%
- NXT
- 15.98%
- Q3
- 12.10%
- Median
- 6.30%
- Q1
- 1.40%
- Min
- -12.89%
Operating Margin (TTM)
Both Carlisle (CSL) at 20.21% and Nextracker (NXT) at 20.06% convert sales into operating profit at a top-quartile rate, pointing to tighter cost discipline before financing and tax.
CSL
Capital Goods industry group
20.21%
- Max
- 36.60%
- CSL
- 20.21%
- Q3
- 18.33%
- Median
- 11.12%
- Q1
- 5.14%
- Min
- -12.63%
NXT
Capital Goods industry group
20.06%
- Max
- 36.60%
- NXT
- 20.06%
- Q3
- 18.33%
- Median
- 11.12%
- Q1
- 5.14%
- Min
- -12.63%
Profitability Metrics
| Metric | CSL | NXT |
|---|---|---|
| ROE (TTM) | 42.34% | 26.46% |
| ROA (TTM) | 10.20% | 10.75% |
| Net Margin (TTM) | 13.78% | 15.98% |
| Operating Margin (TTM) | 20.21% | 20.06% |
| Gross Margin (TTM) | 34.66% | 21.84% |
Growth
Revenue Growth
Nextracker (NXT) at 20.28% sits in the top revenue growth quartile, while Carlisle (CSL) at 0.33% is in the bottom quartile, showing a clear gap in revenue momentum.
EPS Growth
Nextracker (NXT) at 10.66% is around its peer norm for EPS growth, while Carlisle (CSL) at -38.46% drops into the bottom quartile, signaling weaker earnings momentum.
Growth Metrics
| Metric | CSL | NXT |
|---|---|---|
| Revenue Growth (YoY) | 0.33% | 20.28% |
| Revenue Growth (3Y CAGR) | -2.70% | 23.23% |
| EPS Growth (YoY) | -38.46% | 10.66% |
| EPS Growth (3Y CAGR) | -0.84% | 476.90% |
Financial Strength
Current Ratio (MRQ)
Both Carlisle (CSL) at 2.41 and Nextracker (NXT) at 2.23 carry current ratio within their industries’ typical mid-ranges, suggesting balanced short-term liquidity relative to peers.
CSL
Capital Goods industry group
2.41
- Max
- 5.22
- Q3
- 2.95
- CSL
- 2.41
- Median
- 2.08
- Q1
- 1.43
- Min
- 0.36
NXT
Capital Goods industry group
2.23
- Max
- 5.22
- Q3
- 2.95
- NXT
- 2.23
- Median
- 2.08
- Q1
- 1.43
- Min
- 0.36
Debt / Equity (MRQ)
Nextracker (NXT) at 0.02 keeps leverage in the lower quartile, while Carlisle (CSL) at 2.01 sits in the higher-leverage quartile.
CSL
Capital Goods industry group
2.01
- Max
- 2.33
- CSL
- 2.01
- Q3
- 1.12
- Median
- 0.60
- Q1
- 0.29
- Min
- 0.00
NXT
Capital Goods industry group
0.02
- Max
- 2.33
- Q3
- 1.12
- Median
- 0.60
- Q1
- 0.29
- NXT
- 0.02
- Min
- 0.00
Financial Strength Metrics
| Metric | CSL | NXT |
|---|---|---|
| Current Ratio (MRQ) | 2.41 | 2.23 |
| Debt / Equity (MRQ) | 2.01 | 0.02 |
| Net Debt / EBITDA | 1.93 | -1.30 |
Dividends
Dividend Yield (TTM)
Nextracker (NXT) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Carlisle (CSL) reports a yield of 1.20%, ranking against industry peers normally.
CSL
Capital Goods industry group
1.20%
- Max
- 2.66%
- CSL
- 1.20%
- Q3
- 1.14%
- Median
- 0.24%
- Q1
- 0.00%
- Min
- 0.00%
NXT
Capital Goods industry group
0.00%
- Max
- 2.66%
- Q3
- 1.14%
- Median
- 0.24%
- NXT
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Nextracker (NXT) pays no dividend (payout 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Carlisle (CSL) reports a payout of 25.50%, ranking against industry peers normally.
CSL
Capital Goods industry group
25.50%
- Max
- 67.39%
- Q3
- 28.02%
- CSL
- 25.50%
- Median
- 6.86%
- Q1
- 0.00%
- Min
- 0.00%
NXT
Capital Goods industry group
0.00%
- Max
- 67.39%
- Q3
- 28.02%
- Median
- 6.86%
- NXT
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | CSL | NXT |
|---|---|---|
| Dividend Yield (TTM) | 1.20% | 0.00% |
| Dividend Payout Ratio (TTM) | 25.50% | 0.00% |
Valuation
P/E Ratio (TTM)
Both Carlisle (CSL) at 21.06 and Nextracker (NXT) at 26.42 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.
CSL
Capital Goods industry group
21.06
- Max
- 59.38
- Q3
- 35.92
- Median
- 25.41
- CSL
- 21.06
- Q1
- 19.47
- Min
- 3.03
NXT
Capital Goods industry group
26.42
- Max
- 59.38
- Q3
- 35.92
- NXT
- 26.42
- Median
- 25.41
- Q1
- 19.47
- Min
- 3.03
P/S Ratio (TTM)
Carlisle (CSL) at 2.79 is priced about in line with its industry on P/S ratio, while Nextracker (NXT) at 4.17 sits in the pricier quartile — NXT costs more per dollar of sales.
CSL
Capital Goods industry group
2.79
- Max
- 7.54
- Q3
- 3.76
- CSL
- 2.79
- Median
- 2.15
- Q1
- 1.03
- Min
- 0.03
NXT
Capital Goods industry group
4.17
- Max
- 7.54
- NXT
- 4.17
- Q3
- 3.76
- Median
- 2.15
- Q1
- 1.03
- Min
- 0.03
P/B Ratio (MRQ)
Both look rich against book: Nextracker (NXT) at 5.98 sits in the upper P/B ratio quartile, and Carlisle (CSL) at 10.11 prices even higher, above its industry range.
CSL
Capital Goods industry group
10.11
- CSL
- 10.11
- Max
- 9.66
- Q3
- 5.00
- Median
- 3.12
- Q1
- 1.81
- Min
- -1.08
NXT
Capital Goods industry group
5.98
- Max
- 9.66
- NXT
- 5.98
- Q3
- 5.00
- Median
- 3.12
- Q1
- 1.81
- Min
- -1.08
Valuation Metrics
| Metric | CSL | NXT |
|---|---|---|
| P/E Ratio (TTM) | 21.06 | 26.42 |
| P/S Ratio (TTM) | 2.79 | 4.17 |
| P/B Ratio (MRQ) | 10.11 | 5.98 |
| Free Cash Flow Yield (TTM) | 4.01% | 2.32% |