ALLE · Allegion PLC - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $4.07B | $3.77B | $3.65B | $3.27B | $2.87B | $2.72B |
| Cost of Revenue | $2.23B | $2.10B | $2.07B | $1.95B | $1.66B | $1.54B |
| Gross Profit | $1.84B | $1.67B | $1.58B | $1.32B | $1.20B | $1.18B |
| R&D | $132.00M | $112.70M | $101.90M | $74.50M | $73.30M | $54.40M |
| SG&A | $978.80M | $887.80M | $865.60M | $736.00M | $674.70M | $635.70M |
| Total Operating Expenses | - | - | - | - | - | - |
| D&A | $129.70M | $116.20M | $109.00M | $95.10M | $79.20M | $78.00M |
| Operating Income | $859.50M | $780.70M | $708.40M | $586.40M | $530.20M | $403.50M |
| Interest Expense | $101.00M | $102.00M | $93.10M | $75.90M | $50.20M | $51.10M |
| Income Tax | $124.60M | $101.30M | $76.60M | $56.20M | $40.70M | $50.90M |
| Net Income | $643.80M | $597.50M | $540.40M | $458.00M | $483.00M | $314.30M |
| EPS - Basic | $7.48 | $6.85 | $6.15 | $5.20 | $5.37 | $3.41 |
| EPS - Diluted | $7.44 | $6.82 | $6.12 | $5.19 | $5.34 | $3.39 |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $356.20M | $503.80M | $468.10M | $288.00M | $397.90M | $480.40M |
| Accounts Receivable | - | - | - | - | - | - |
| Inventory | $519.00M | $423.00M | $438.50M | $479.00M | $380.40M | $283.10M |
| Accounts Payable | $244.80M | $258.00M | $259.20M | $280.70M | $259.10M | $220.40M |
| Current Assets | $1.39B | $1.42B | $1.36B | $1.21B | $1.12B | $1.15B |
| Total Assets | $5.22B | $4.49B | $4.31B | $3.99B | $3.05B | $3.07B |
| Current Liabilities | $755.40M | $696.90M | $1.08B | $703.60M | $601.20M | $521.50M |
| Long-term Debt | $1.98B | $1.98B | $1.60B | $2.08B | $1.43B | $1.43B |
| Total Liabilities | $3.16B | $2.99B | $2.99B | $3.05B | $2.29B | $2.24B |
| Stockholders' Equity | $2.07B | $1.50B | $1.32B | $941.80M | $759.10M | $829.40M |
| Retained Earnings | $2.24B | $1.83B | $1.58B | $1.21B | $952.60M | $985.60M |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $783.80M | $675.00M | $600.60M | $459.50M | $488.60M | $490.30M |
| Investing Cash Flow | ($685.50M) | ($228.40M) | ($129.10M) | ($994.10M) | ($31.60M) | ($56.70M) |
| Financing Cash Flow | ($266.70M) | ($394.50M) | ($298.70M) | $437.00M | ($529.30M) | ($321.90M) |
| CapEx | $98.10M | $92.10M | $84.20M | $64.00M | $45.40M | $47.10M |
| Free Cash Flow | $685.70M | $582.90M | $516.40M | $395.50M | $443.20M | $443.20M |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 45.2% | 44.2% | 43.3% | 40.4% | 42.0% | 43.3% |
| Operating margin | 21.1% | 20.7% | 19.4% | 17.9% | 18.5% | 14.8% |
| EBITDA margin | 24.3% | 23.8% | 22.4% | 20.8% | 21.3% | 17.7% |
| Net margin | 15.8% | 15.8% | 14.8% | 14.0% | 16.8% | 11.6% |
| Free cash flow margin | 16.9% | 15.5% | 14.1% | 12.1% | 15.5% | 16.3% |
| FCF / Net income | 1.07 | 0.98 | 0.96 | 0.86 | 0.92 | 1.41 |
| R&D / Revenue | 3.2% | 3.0% | 2.8% | 2.3% | 2.6% | 2.0% |
| SG&A / Revenue | 24.1% | 23.5% | 23.7% | 22.5% | 23.5% | 23.4% |
| Effective tax rate | 16.2% | 14.5% | 12.4% | 10.9% | 7.8% | 13.9% |
| Return on assets | 12.3% | 13.3% | 12.5% | 11.5% | 15.8% | 10.2% |
| Return on equity | 31.1% | 39.8% | 41.0% | 48.6% | 63.6% | 37.9% |
| Return on invested capital | 17.8% | 19.2% | 21.2% | 17.3% | 22.3% | 15.4% |
| Liquidity | ||||||
| Current ratio | 1.84 | 2.04 | 1.26 | 1.73 | 1.86 | 2.20 |
| Quick ratio | 1.16 | 1.43 | 0.85 | 1.05 | 1.23 | 1.65 |
| Cash ratio | 0.47 | 0.72 | 0.43 | 0.41 | 0.66 | 0.92 |
| Leverage | ||||||
| Debt / Equity | 0.96 | 1.32 | 1.22 | 2.21 | 1.88 | 1.72 |
| Debt / Assets | 0.38 | 0.44 | 0.37 | 0.52 | 0.47 | 0.47 |
| Debt / EBITDA | 2.00 | 2.20 | 1.96 | 3.05 | 2.35 | 2.97 |
| Interest coverage | 8.5x | 7.7x | 7.6x | 7.7x | 10.6x | 7.9x |
| Equity multiplier | 2.53 | 2.99 | 3.27 | 4.24 | 4.02 | 3.70 |
| Liabilities / Assets | 0.60 | 0.67 | 0.69 | 0.76 | 0.75 | 0.73 |
| Efficiency | ||||||
| Asset turnover | 0.78 | 0.84 | 0.85 | 0.82 | 0.94 | 0.89 |
| Inventory turnover | 4.29 | 4.97 | 4.72 | 4.07 | 4.37 | 5.44 |
| Days sales outstanding | - | - | - | - | - | - |
| Days inventory outstanding | 85d | 73d | 77d | 90d | 84d | 67d |
| Days payable outstanding | 40d | 45d | 46d | 53d | 57d | 52d |
| Cash conversion cycle | - | - | - | - | - | - |
| Valuation | ||||||
| P / E | 21.4x | 19.2x | 20.7x | 20.3x | 24.8x | 34.3x |
| P / B | 6.7x | 7.6x | 8.5x | 9.9x | 15.8x | 13.0x |
| P / S | 3.4x | 3.0x | 3.1x | 2.8x | 4.2x | 4.0x |
| EV / EBITDA | 15.6x | 14.4x | 15.1x | 16.3x | 21.4x | 24.4x |
| Growth | ||||||
| Revenue growth (YoY) | 7.8% | 3.3% | 11.6% | 14.1% | 5.4% | -4.7% |
| Revenue CAGR (3y) | 7.5% | 9.6% | 10.3% | 4.7% | 1.6% | 4.1% |
| Revenue CAGR (5y) | 8.4% | 5.7% | 6.0% | 6.3% | 5.1% | 5.6% |
| Gross profit growth (YoY) | 10.2% | 5.5% | 19.6% | 9.8% | 2.2% | -5.9% |
| Operating income growth (YoY) | 10.1% | 10.2% | 20.8% | 10.6% | 31.4% | -28.6% |
| Net income growth (YoY) | 7.7% | 10.6% | 18.0% | -5.2% | 53.7% | -21.8% |
| EPS growth (YoY) | 9.1% | 11.4% | 17.9% | -2.8% | 57.5% | -20.4% |
| EPS CAGR (3y) | 12.8% | 8.5% | 21.8% | 6.8% | 5.6% | 6.0% |
| EPS CAGR (5y) | 17.0% | 9.9% | 6.2% | 12.7% | 17.7% | 16.3% |
| FCF growth (YoY) | 17.6% | 12.9% | 30.6% | -10.8% | 0.0% | 4.9% |
| FCF CAGR (5y) | 9.1% | 6.6% | 4.8% | 5.8% | 5.8% | 14.8% |
| Book value growth (YoY) | 37.8% | 13.8% | 40.0% | 24.1% | -8.5% | 9.5% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$4.07B totalAlle_Allegion Americas$3.22B · 79.1%
Allegion International$848.50M · 20.9%
Product / service
$7.01B totalProduct$3.05B · 43.5%
Mechanical Products$2.71B · 38.7%
Electronic Products$1.08B · 15.3%
Service$170.90M · 2.4%
Geographic
$4.07B totalUS$3.05B · 75.0%
Non Us$1.02B · 25.0%
Stability scores
Altman Z′
FY 2025 · bankruptcy risk
2.01
Grey zone
Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.
Piotroski F-score
FY 2025 · 9-point quality
5/9
Neutral
- ✓Net income positive
- ✓Operating cash flow positive
- ✗ROA improved YoY
- ✓Cash flow > net income
- ✗Long-term debt decreased
- ✗Current ratio improved
- ✓No share dilution
- ✓Gross margin improved
- ✗Asset turnover improved
Peer comparison
Same SIC group: Services-Detective, Guard & Armored Car Services
Comparing Allegion plc against the 3 most active filers in the same SIC group.
Dividends
$1.06/share trailing 12 months · -45.6% YoY
| Ex-date | Per share |
|---|---|
| Mar 13, 2026 | $0.5500 |
| Jun 13, 2025 | $0.5100 |
| Mar 14, 2025 | $0.5100 |
| Dec 17, 2024 | $0.4800 |
| Sep 20, 2024 | $0.4800 |
| Jun 14, 2024 | $0.4800 |
| Mar 14, 2024 | $0.4800 |
| Dec 15, 2023 | $0.4500 |
| Sep 15, 2023 | $0.4500 |
| Jun 14, 2023 | $0.4500 |
| Mar 14, 2023 | $0.4500 |
| Dec 15, 2022 | $0.4100 |
| Sep 15, 2022 | $0.4100 |
| Jun 15, 2022 | $0.4100 |
| Mar 15, 2022 | $0.4100 |
| Dec 17, 2021 | $0.3600 |
| Sep 15, 2021 | $0.3600 |
| Jun 15, 2021 | $0.3600 |
| Mar 16, 2021 | $0.3600 |
| Dec 15, 2020 | $0.3200 |
| Sep 15, 2020 | $0.3200 |
| Jun 15, 2020 | $0.3200 |
| Mar 16, 2020 | $0.3200 |
| Dec 16, 2019 | $0.2700 |