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Side-by-side financial comparison of APi Group Corp (APG) and CARLISLE COMPANIES INC (CSL). Click either name above to swap in a different company.

APi Group Corp is the larger business by last-quarter revenue ($2.0B vs $1.1B, roughly 1.9× CARLISLE COMPANIES INC). CARLISLE COMPANIES INC runs the higher net margin — 12.1% vs 2.9%, a 9.3% gap on every dollar of revenue. On growth, APi Group Corp posted the faster year-over-year revenue change (11.7% vs -4.0%). APi Group Corp produced more free cash flow last quarter ($67.0M vs $-73.0M). Over the past eight quarters, APi Group Corp's revenue compounded faster (7.0% CAGR vs -14.8%).

X.AI Corp., doing business as xAI, is an American company working in the area of artificial intelligence (AI), social media and technology that is a wholly owned subsidiary of American aerospace company SpaceX. Founded by Elon Musk in 2023, the company's flagship products are the generative AI chatbot named Grok and the social media platform X, the latter of which they acquired in March 2025.

Carlisle Companies Incorporated is a supplier of construction products that make buildings more energy efficient and resilient. The company manufactures and sells single-ply roofing products as well as warranted systems and accessories for the commercial building industry. The company is organized into two segments, including Carlisle Construction Materials and Carlisle Weatherproofing Technologies. The company's product portfolio includes moisture protection products, protective roofing unde...

APG vs CSL — Head-to-Head

Bigger by revenue
APG
APG
1.9× larger
APG
$2.0B
$1.1B
CSL
Growing faster (revenue YoY)
APG
APG
+15.7% gap
APG
11.7%
-4.0%
CSL
Higher net margin
CSL
CSL
9.3% more per $
CSL
12.1%
2.9%
APG
More free cash flow
APG
APG
$140.0M more FCF
APG
$67.0M
$-73.0M
CSL
Faster 2-yr revenue CAGR
APG
APG
Annualised
APG
7.0%
-14.8%
CSL

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
APG
APG
CSL
CSL
Revenue
$2.0B
$1.1B
Net Profit
$57.0M
$127.7M
Gross Margin
31.3%
34.5%
Operating Margin
5.2%
17.1%
Net Margin
2.9%
12.1%
Revenue YoY
11.7%
-4.0%
Net Profit YoY
-10.9%
EPS (diluted)
$0.12
$3.10

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
APG
APG
CSL
CSL
Q1 26
$2.0B
$1.1B
Q4 25
$2.1B
$1.1B
Q3 25
$2.1B
$1.3B
Q2 25
$2.0B
$1.4B
Q1 25
$1.7B
$1.1B
Q4 24
$1.9B
$1.1B
Q3 24
$1.8B
$1.3B
Q2 24
$1.7B
$1.5B
Net Profit
APG
APG
CSL
CSL
Q1 26
$57.0M
$127.7M
Q4 25
$97.0M
$127.4M
Q3 25
$93.0M
$214.2M
Q2 25
$77.0M
$255.8M
Q1 25
$35.0M
$143.3M
Q4 24
$67.0M
$162.8M
Q3 24
$69.0M
$244.3M
Q2 24
$69.0M
$712.4M
Gross Margin
APG
APG
CSL
CSL
Q1 26
31.3%
34.5%
Q4 25
32.0%
33.8%
Q3 25
31.3%
36.0%
Q2 25
30.9%
37.3%
Q1 25
31.5%
35.2%
Q4 24
30.9%
36.1%
Q3 24
31.1%
38.6%
Q2 24
31.4%
39.2%
Operating Margin
APG
APG
CSL
CSL
Q1 26
5.2%
17.1%
Q4 25
7.7%
16.8%
Q3 25
7.8%
21.8%
Q2 25
7.2%
23.1%
Q1 25
4.9%
16.8%
Q4 24
6.2%
19.9%
Q3 24
7.8%
23.7%
Q2 24
7.3%
26.0%
Net Margin
APG
APG
CSL
CSL
Q1 26
2.9%
12.1%
Q4 25
4.6%
11.3%
Q3 25
4.5%
15.9%
Q2 25
3.9%
17.6%
Q1 25
2.0%
13.1%
Q4 24
3.6%
14.5%
Q3 24
3.8%
18.3%
Q2 24
4.0%
49.1%
EPS (diluted)
APG
APG
CSL
CSL
Q1 26
$0.12
$3.10
Q4 25
$-1.16
$3.06
Q3 25
$0.20
$4.98
Q2 25
$0.16
$5.88
Q1 25
$0.11
$3.20
Q4 24
$0.05
$3.76
Q3 24
$0.23
$5.25
Q2 24
$0.22
$14.84

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
APG
APG
CSL
CSL
Cash + ST InvestmentsLiquidity on hand
$645.0M
$771.3M
Total DebtLower is stronger
$2.8B
Stockholders' EquityBook value
$3.5B
$1.7B
Total Assets
$9.0B
Debt / EquityLower = less leverage
0.79×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
APG
APG
CSL
CSL
Q1 26
$645.0M
$771.3M
Q4 25
$912.0M
$1.1B
Q3 25
$555.0M
$1.1B
Q2 25
$432.0M
$68.4M
Q1 25
$460.0M
$220.2M
Q4 24
$499.0M
$753.5M
Q3 24
$487.0M
$1.5B
Q2 24
$324.0M
$1.7B
Total Debt
APG
APG
CSL
CSL
Q1 26
$2.8B
Q4 25
$2.8B
$2.9B
Q3 25
$2.8B
$2.9B
Q2 25
$2.8B
$1.9B
Q1 25
$2.8B
$1.9B
Q4 24
$2.8B
$1.9B
Q3 24
$2.9B
$2.3B
Q2 24
$2.8B
$2.3B
Stockholders' Equity
APG
APG
CSL
CSL
Q1 26
$3.5B
$1.7B
Q4 25
$3.4B
$1.8B
Q3 25
$3.3B
$2.0B
Q2 25
$3.2B
$2.1B
Q1 25
$3.0B
$2.2B
Q4 24
$3.0B
$2.5B
Q3 24
$3.0B
$2.8B
Q2 24
$2.8B
$3.0B
Total Assets
APG
APG
CSL
CSL
Q1 26
$9.0B
Q4 25
$8.9B
$6.3B
Q3 25
$8.7B
$6.5B
Q2 25
$8.5B
$5.5B
Q1 25
$8.1B
$5.5B
Q4 24
$8.2B
$5.8B
Q3 24
$8.2B
$6.5B
Q2 24
$8.0B
$6.7B
Debt / Equity
APG
APG
CSL
CSL
Q1 26
0.79×
Q4 25
0.81×
1.61×
Q3 25
0.84×
1.45×
Q2 25
0.87×
0.89×
Q1 25
0.92×
0.87×
Q4 24
0.93×
0.77×
Q3 24
0.96×
0.83×
Q2 24
1.00×
0.76×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
APG
APG
CSL
CSL
Operating Cash FlowLast quarter
$85.0M
Free Cash FlowOCF − Capex
$67.0M
$-73.0M
FCF MarginFCF / Revenue
3.4%
-6.9%
Capex IntensityCapex / Revenue
2.7%
Cash ConversionOCF / Net Profit
1.49×
TTM Free Cash FlowTrailing 4 quarters
$680.0M
$924.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
APG
APG
CSL
CSL
Q1 26
$85.0M
Q4 25
$382.0M
$386.0M
Q3 25
$232.0M
$426.9M
Q2 25
$83.0M
$287.1M
Q1 25
$62.0M
$1.8M
Q4 24
$283.0M
$370.6M
Q3 24
$220.0M
$312.8M
Q2 24
$110.0M
$183.4M
Free Cash Flow
APG
APG
CSL
CSL
Q1 26
$67.0M
$-73.0M
Q4 25
$356.0M
$346.1M
Q3 25
$201.0M
$393.4M
Q2 25
$56.0M
$258.3M
Q1 25
$50.0M
$-27.2M
Q4 24
$265.0M
$334.0M
Q3 24
$198.0M
$293.5M
Q2 24
$88.0M
$158.5M
FCF Margin
APG
APG
CSL
CSL
Q1 26
3.4%
-6.9%
Q4 25
16.8%
30.7%
Q3 25
9.6%
29.2%
Q2 25
2.8%
17.8%
Q1 25
2.9%
-2.5%
Q4 24
14.2%
29.7%
Q3 24
10.8%
22.0%
Q2 24
5.1%
10.9%
Capex Intensity
APG
APG
CSL
CSL
Q1 26
2.7%
Q4 25
1.2%
3.5%
Q3 25
1.5%
2.5%
Q2 25
1.4%
2.0%
Q1 25
0.7%
2.6%
Q4 24
1.0%
3.3%
Q3 24
1.2%
1.4%
Q2 24
1.3%
1.7%
Cash Conversion
APG
APG
CSL
CSL
Q1 26
1.49×
Q4 25
3.94×
3.03×
Q3 25
2.49×
1.99×
Q2 25
1.08×
1.12×
Q1 25
1.77×
0.01×
Q4 24
4.22×
2.28×
Q3 24
3.19×
1.28×
Q2 24
1.59×
0.26×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

APG
APG

Segment breakdown not available.

CSL
CSL

CCM$758.0M72%
CWT$294.0M28%

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