1. Carlisle Companies has successfully shifted its focus to high-ROIC building products, significantly enhancing shareholder value and outperforming the S&P 500. 2. The company's strategic pivot has led to strong financial performance, with fundamental business growth surpassing stock price appreciation over 10 years. 3. Despite cyclical risks, CSL's focus on ROIC, strategic acquisitions, and energy-efficient products positions it for long-term growth.