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

VEON Ltd. is the larger business by last-quarter revenue ($1.1B vs $1.1B, roughly 1.0× CARLISLE COMPANIES INC). VEON Ltd. runs the higher net margin — 55.9% vs 12.1%, a 43.8% gap on every dollar of revenue. On growth, VEON Ltd. posted the faster year-over-year revenue change (5.8% vs -4.0%).

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...

VEON Ltd., also known as VEON Group, is a multinational telecommunication and digital services company. Headquartered in Dubai, the company is publicly traded on the U.S.-based NASDAQ stock exchange. VEON operates in six markets in Europe and Asia, including Bangladesh, Kazakhstan, Kyrgyzstan, Pakistan, Ukraine and Uzbekistan. Specific brands include Banglalink in Bangladesh, Jazz in Pakistan, Kyivstar in Ukraine, and units operating in Kazakhstan, Kyrgyzstan, and Uzbekistan under the Beeline...

CSL vs VEON — Head-to-Head

Bigger by revenue
VEON
VEON
1.0× larger
VEON
$1.1B
$1.1B
CSL
Growing faster (revenue YoY)
VEON
VEON
+9.8% gap
VEON
5.8%
-4.0%
CSL
Higher net margin
VEON
VEON
43.8% more per $
VEON
55.9%
12.1%
CSL

Income Statement — Q1 FY2026 vs Q2 FY2025

Metric
CSL
CSL
VEON
VEON
Revenue
$1.1B
$1.1B
Net Profit
$127.7M
$608.0M
Gross Margin
34.5%
Operating Margin
17.1%
75.4%
Net Margin
12.1%
55.9%
Revenue YoY
-4.0%
5.8%
Net Profit YoY
-10.9%
583.1%
EPS (diluted)
$3.10
$0.34

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
CSL
CSL
VEON
VEON
Q1 26
$1.1B
Q4 25
$1.1B
Q3 25
$1.3B
Q2 25
$1.4B
$1.1B
Q1 25
$1.1B
Q4 24
$1.1B
Q3 24
$1.3B
Q2 24
$1.5B
$1.0B
Net Profit
CSL
CSL
VEON
VEON
Q1 26
$127.7M
Q4 25
$127.4M
Q3 25
$214.2M
Q2 25
$255.8M
$608.0M
Q1 25
$143.3M
Q4 24
$162.8M
Q3 24
$244.3M
Q2 24
$712.4M
$89.0M
Gross Margin
CSL
CSL
VEON
VEON
Q1 26
34.5%
Q4 25
33.8%
Q3 25
36.0%
Q2 25
37.3%
Q1 25
35.2%
Q4 24
36.1%
Q3 24
38.6%
Q2 24
39.2%
Operating Margin
CSL
CSL
VEON
VEON
Q1 26
17.1%
Q4 25
16.8%
Q3 25
21.8%
Q2 25
23.1%
75.4%
Q1 25
16.8%
Q4 24
19.9%
Q3 24
23.7%
Q2 24
26.0%
27.1%
Net Margin
CSL
CSL
VEON
VEON
Q1 26
12.1%
Q4 25
11.3%
Q3 25
15.9%
Q2 25
17.6%
55.9%
Q1 25
13.1%
Q4 24
14.5%
Q3 24
18.3%
Q2 24
49.1%
8.7%
EPS (diluted)
CSL
CSL
VEON
VEON
Q1 26
$3.10
Q4 25
$3.06
Q3 25
$4.98
Q2 25
$5.88
$0.34
Q1 25
$3.20
Q4 24
$3.76
Q3 24
$5.25
Q2 24
$14.84
$0.04

Balance Sheet & Financial Strength

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

Metric
CSL
CSL
VEON
VEON
Cash + ST InvestmentsLiquidity on hand
$771.3M
$1.3B
Total DebtLower is stronger
Stockholders' EquityBook value
$1.7B
$1.5B
Total Assets
$8.5B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CSL
CSL
VEON
VEON
Q1 26
$771.3M
Q4 25
$1.1B
Q3 25
$1.1B
Q2 25
$68.4M
$1.3B
Q1 25
$220.2M
Q4 24
$753.5M
Q3 24
$1.5B
Q2 24
$1.7B
$862.0M
Total Debt
CSL
CSL
VEON
VEON
Q1 26
Q4 25
$2.9B
Q3 25
$2.9B
Q2 25
$1.9B
Q1 25
$1.9B
Q4 24
$1.9B
Q3 24
$2.3B
Q2 24
$2.3B
Stockholders' Equity
CSL
CSL
VEON
VEON
Q1 26
$1.7B
Q4 25
$1.8B
Q3 25
$2.0B
Q2 25
$2.1B
$1.5B
Q1 25
$2.2B
Q4 24
$2.5B
Q3 24
$2.8B
Q2 24
$3.0B
$1.1B
Total Assets
CSL
CSL
VEON
VEON
Q1 26
Q4 25
$6.3B
Q3 25
$6.5B
Q2 25
$5.5B
$8.5B
Q1 25
$5.5B
Q4 24
$5.8B
Q3 24
$6.5B
Q2 24
$6.7B
$7.3B
Debt / Equity
CSL
CSL
VEON
VEON
Q1 26
Q4 25
1.61×
Q3 25
1.45×
Q2 25
0.89×
Q1 25
0.87×
Q4 24
0.77×
Q3 24
0.83×
Q2 24
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
CSL
CSL
VEON
VEON
Operating Cash FlowLast quarter
Free Cash FlowOCF − Capex
$-73.0M
FCF MarginFCF / Revenue
-6.9%
Capex IntensityCapex / Revenue
2.7%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$924.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CSL
CSL
VEON
VEON
Q1 26
Q4 25
$386.0M
Q3 25
$426.9M
Q2 25
$287.1M
Q1 25
$1.8M
Q4 24
$370.6M
Q3 24
$312.8M
Q2 24
$183.4M
Free Cash Flow
CSL
CSL
VEON
VEON
Q1 26
$-73.0M
Q4 25
$346.1M
Q3 25
$393.4M
Q2 25
$258.3M
Q1 25
$-27.2M
Q4 24
$334.0M
Q3 24
$293.5M
Q2 24
$158.5M
FCF Margin
CSL
CSL
VEON
VEON
Q1 26
-6.9%
Q4 25
30.7%
Q3 25
29.2%
Q2 25
17.8%
Q1 25
-2.5%
Q4 24
29.7%
Q3 24
22.0%
Q2 24
10.9%
Capex Intensity
CSL
CSL
VEON
VEON
Q1 26
2.7%
Q4 25
3.5%
Q3 25
2.5%
Q2 25
2.0%
Q1 25
2.6%
Q4 24
3.3%
Q3 24
1.4%
Q2 24
1.7%
Cash Conversion
CSL
CSL
VEON
VEON
Q1 26
Q4 25
3.03×
Q3 25
1.99×
Q2 25
1.12×
Q1 25
0.01×
Q4 24
2.28×
Q3 24
1.28×
Q2 24
0.26×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CSL
CSL

CCM$758.0M72%
CWT$294.0M28%

VEON
VEON

Segment breakdown not available.

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