CARLISLE COMPANIES INC Goodwill & Intangibles Disclosure
| (in millions) | CCM | CWT | Total | |||||||||||||||||
| Balance as of December 31, 2023 | $ | 934.7 | $ | 267.8 | $ | 1,202.5 | ||||||||||||||
Goodwill acquired during year (1) | 141.0 | 145.0 | 286.0 | |||||||||||||||||
| Currency translation and other | (2.6) | (7.9) | (10.5) | |||||||||||||||||
| Balance as of December 31, 2024 | $ | 1,073.1 | $ | 404.9 | $ | 1,478.0 | ||||||||||||||
Goodwill acquired during year (1) | — | 69.6 | 69.6 | |||||||||||||||||
| Currency translation and other | 5.8 | (14.5) | (8.7) | |||||||||||||||||
| Balance as of December 31, 2025 | $ | 1,078.9 | $ | 460.0 | $ | 1,538.9 | ||||||||||||||
| December 31, 2025 | December 31, 2024 | |||||||||||||||||||||||||||||||||||||
| (in millions) | Acquired Cost | Accumulated Amortization | Net Book Value | Acquired Cost | Accumulated Amortization | Net Book Value | ||||||||||||||||||||||||||||||||
| Customer relationships | $ | 1,479.6 | $ | (483.6) | $ | 996.0 | $ | 1,456.0 | $ | (380.5) | $ | 1,075.5 | ||||||||||||||||||||||||||
| Indefinite-lived trade names | 254.4 | — | 254.4 | 252.0 | — | 252.0 | ||||||||||||||||||||||||||||||||
Technology | 203.3 | (116.6) | 86.7 | 185.6 | (103.4) | 82.2 | ||||||||||||||||||||||||||||||||
| Definite-lived trade names | 117.6 | (43.1) | 74.5 | 117.0 | (37.0) | 80.0 | ||||||||||||||||||||||||||||||||
| Other | 44.3 | (30.4) | 13.9 | 37.8 | (22.6) | 15.2 | ||||||||||||||||||||||||||||||||
| Other intangible assets | $ | 2,099.2 | $ | (673.7) | $ | 1,425.5 | $ | 2,048.4 | $ | (543.5) | $ | 1,504.9 | ||||||||||||||||||||||||||
| Customer relationships | 12.3 | |||||||
| Technology | 7.3 | |||||||
| Definite-lived trade names | 14.6 | |||||||
| Other | 1.4 | |||||||
| Total assets subject to amortization | 11.9 | |||||||
| (in millions) | 2026 | 2027 | 2028 | 2029 | 2030 | Thereafter | ||||||||||||||||||||||||||||||||
Estimated future amortization expense | $ | 123.5 | $ | 109.6 | $ | 105.9 | $ | 99.1 | $ | 90.7 | $ | 642.3 | ||||||||||||||||||||||||||
| (in millions) | December 31, 2025 | December 31, 2024 | ||||||||||||
| Carlisle Construction Materials | $ | 314.9 | $ | 343.0 | ||||||||||
| Carlisle Weatherproofing Technologies | 1,110.2 | 1,159.7 | ||||||||||||
| Corporate | 0.4 | 2.2 | ||||||||||||
| Total | $ | 1,425.5 | $ | 1,504.9 | ||||||||||
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Feb 13, 2026 | Showing above |
| 2024 | Feb 14, 2025 | |
| 2023 | Feb 16, 2024 | |
| 2022 | Feb 16, 2023 | |
| 2021 | Feb 17, 2022 | |
| 2020 | Feb 11, 2021 | |
| 2019 | Feb 10, 2020 | |
| 2018 | Feb 14, 2019 | |
| 2017 | Feb 16, 2018 | |
| 2016 | Feb 13, 2017 | |
| 2015 | Feb 8, 2016 | |
About Goodwill & Intangibles Disclosures
Goodwill and intangible asset disclosures reveal the premium paid in acquisitions and how management assesses whether that premium retains its value. Since goodwill is no longer amortized under US GAAP, the annual impairment test is the only mechanism that adjusts carrying values downward — making the assumptions behind that test critically important for investors.
Key signals: a history of goodwill impairments suggests management consistently overpays for acquisitions. Watch the gap between reporting unit fair value and carrying amount — when fair value exceeds carrying amount by less than 10-20%, a small decline in business performance could trigger a write-down. For finite-lived intangibles, examine useful life assumptions across customer relationships, technology, and trade names; aggressive estimates inflate near-term earnings. Compare total intangibles-to-total-assets ratios against peers to assess acquisition dependency. Rising goodwill as a percentage of equity can signal balance sheet fragility.