Allegion (ALLE)
Industrials · $12.9B market cap · SEC CIK 0001579241
fundamentals score out of 100
Next reports on Oct 21, 2026, with analysts expecting $2.54 in earnings per share.
The case for ALLE
- Earns 32% back on shareholder equity.
- Generated $686M of free cash flow in FY2025, 17% of revenue.
- Revenue growing 10.6% year over year.
- Pays a modest 1.7% dividend.
The case against
- Long-term debt of $2.0B against $356M of cash.
- Its weakest area is the price trend (51/100): -15.6% over a year, +13.3% over three months, 50% of the way up its 52-week range.
What the score is made of
Each factor is half a curve over reported figures and half a rank among the other Industrials companies (momentum is judged against fixed thresholds only), and the five are blended by weight. It describes the last filing and the current price. It is not a forecast.
| Valuewhat you pay for the earnings, sales, assets and cash | 67 |
|---|---|
| Growthhow fast revenue and earnings are moving, this year and over five | 58 |
| Profitabilityhow much of the revenue becomes profit, and how much of that is cash | 74 |
| Momentumhow the price has behaved lately | 51 |
| Stabilityhow violently it moves, what it owes and what it pays you | 68 |
- Each factor except momentum is half fixed thresholds, half rank among the 79 Industrials companies.
Key numbers
| Price / earnings | 19.5× |
|---|---|
| Price / book | 5.70× |
| Price / sales | 3.0× |
| Revenue growth (YoY) | +10.6% |
| EPS growth (YoY) | +6.0% |
| Gross margin | 45% |
| Operating margin | 21% |
| Net margin | 15% |
| Return on equity | 32% |
| Debt / equity | 0.96× |
| Current ratio | 1.93 |
| Dividend yield | 1.71% |
| Beta | 0.87 |
| 52-week range | $125.00 – $183.11 |
| Position in that range | 50% of the way up |
| 3-month return | +13.3% |
| 1-year return | -15.6% |
Five years of financials, as filed
Pulled from Allegion's XBRL filings on SEC EDGAR. Italic rows are derived from the rows above.
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Revenue | $4.1B | $3.8B | $3.7B | $3.3B | $2.9B |
| Operating income | $860M | $781M | $708M | $586M | $530M |
| Net income | $644M | $598M | $541M | $458M | $483M |
| Operating cash flow | $784M | $675M | $601M | $460M | $489M |
| Capital expenditure | $98.1M | $92.1M | $84.2M | $64.0M | $45.4M |
| Total assets | $5.2B | $4.5B | $4.3B | $4.0B | $3.1B |
| Total liabilities | $3.2B | $3.0B | $3.0B | $3.0B | $2.3B |
| Shareholder equity | — | — | $1.3B | $942M | $759M |
| Cash | $356M | $504M | $468M | $288M | $398M |
| Long-term debt | $2.0B | $2.0B | $1.6B | $2.1B | $1.4B |
| Free cash flow | $686M | $583M | $516M | $396M | $443M |
| Operating margin | 21.1% | 20.7% | 19.4% | 17.9% | 18.5% |
| Net margin | 15.8% | 15.8% | 14.8% | 14.0% | 16.9% |
| Diluted shares | 86.6M | 87.6M | 88.3M | 88.3M | 90.5M |
Share count is down 4.3% over 4 years. Buybacks have been shrinking the pie.
What Allegion says it does
Overview Allegion plc ("Allegion," "we," "us" or "the Company") is a leading global provider of security products and solutions that keep people and assets safe and secure in the places they live, learn, work and connect. We pioneer safety and security to create a safer and more accessible world. Both developing and partnering are central to our work to create ecosystems that enable seamless access experiences and an uninterrupted and secure flow of people and assets. We offer an extensive and versatile portfolio of security and access control products and solutions across a range of market-leading brands. Our experts around the world deliver high-quality hardware, software, services and systems, and we use our deep expertise to serve as trusted partners to end-users who seek customized solutions to their security needs. We offer the following extensive and versatile portfolio of security and access control products and solutions…
Risk factors ALLE lists in its 10-K
- Business and Industry Trends and Outlook and Global Trade and Macroeconomic Environment
- Results of Operations - For the years ended December 31
- Dollar amounts in millions, except per share amounts
- Selling and Administrative Expenses
- Segment Results of Operations - For the years ended December 31
- Liquidity Outlook, Sources and Uses
- Contractual Obligations and Other Commitments
- Selected Condensed Statement of Comprehensive Income Information
- Selected Condensed Balance Sheet Information
- Evaluation of Disclosure Controls and Procedures
- Management's Report on Internal Control Over Financial Reporting
- Internal Control-Integrated Framework (2013)
- Changes in Internal Control Over Financial Reporting
- Report of Independent Registered Public Accounting Firm