NYSE : ALLE
Allegion plc — Financial statements
Industrials · Security & Protection Services · Ireland
Last price 186.44 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 15.72B
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Allegion plc (ALLE) reported revenue of 4.39B USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 4.39B | 4.07B | 3.77B | 3.65B | 3.27B | 2.87B |
| Cost of Revenue | 2.41B | 2.23B | 2.10B | 2.07B | 1.95B | 1.66B |
| Gross Profit | 1.98B | 1.84B | 1.67B | 1.58B | 1.32B | 1.20B |
| Selling, General & Admin | 1.02B | 965.20M | 876.20M | 845.60M | 696.10M | 663.20M |
| Operating Expenses | 1.02B | 965.20M | 876.20M | 845.60M | 696.10M | 663.20M |
| Operating Income | 957.00M | 873.10M | 792.30M | 735.90M | 626.30M | 541.70M |
| Interest Expense | -98.30M | -101.00M | -102.00M | -93.10M | -75.90M | -50.20M |
| Interest & Investment Income | 8.30M | 12.00M | 20.50M | 6.80M | 1.30M | 400.00K |
| Earnings From Equity Investments | 1.60M | 1.60M | 1.10M | 1.00M | 800.00K | 6.40M |
| Currency Exchange Gain (Loss) | -2.80M | -3.40M | -2.20M | -3.90M | -2.40M | -2.70M |
| Other Non Operating Income (Expenses) | 3.60M | 700.00K | 500.00K | -1.00M | 2.50M | 32.80M |
| EBT Excluding Unusual Items | 869.40M | 783.00M | 710.20M | 645.70M | 552.60M | 528.40M |
| Merger & Restructuring Charges | -14.60M | -14.60M | -11.40M | -21.00M | -30.50M | -4.40M |
| Gain (Loss) on Sale of Assets | -7.60M | |||||
| Asset Writedown | -7.50M | |||||
| Other Unusual Items | -3.70M | |||||
| Pretax Income | 851.10M | 768.40M | 698.80M | 617.20M | 514.50M | 524.00M |
| Income Tax Expense | 160.00M | 124.60M | 101.30M | 76.60M | 56.20M | 40.70M |
| Earnings From Continuing Operations | 691.10M | 643.80M | 597.50M | 540.60M | 458.30M | 483.30M |
| Net Income to Company | 691.10M | 643.80M | 597.50M | 540.60M | 458.30M | 483.30M |
| Minority Interest in Earnings | -200.00K | -300.00K | -300.00K | |||
| Net Income | 691.10M | 643.80M | 597.50M | 540.40M | 458.00M | 483.00M |
| Net Income to Common | 691.10M | 643.80M | 597.50M | 540.40M | 458.00M | 483.00M |
| Shares Outstanding (Basic) | 85.65M | 86.10M | 87.20M | 87.90M | 88.00M | 89.90M |
| Shares Outstanding (Diluted) | 86.08M | 86.60M | 87.60M | 88.30M | 88.30M | 90.50M |
| EPS (Basic) | 8.07 | 7.48 | 6.85 | 6.15 | 5.20 | 5.37 |
| EPS (Diluted) | 8.04 | 7.44 | 6.82 | 6.12 | 5.19 | 5.34 |
| Free Cash Flow | 739.90M | 685.70M | 582.90M | 516.40M | 395.50M | 443.20M |
| Free Cash Flow Per Share | 8.60 | 7.92 | 6.65 | 5.85 | 4.48 | 4.90 |
| Dividend Per Share | 2.16 | 2.04 | 1.92 | 1.80 | 1.64 | 1.44 |
| Gross Margin | 45.09% | 45.20% | 44.23% | 43.32% | 40.42% | 42.02% |
| Operating Margin | 21.80% | 21.47% | 21.00% | 20.16% | 19.14% | 18.89% |
| Profit Margin | 15.74% | 15.83% | 15.84% | 14.80% | 14.00% | 16.84% |
| Free Cash Flow Margin | 16.85% | 16.86% | 15.45% | 14.14% | 12.09% | 15.46% |
| EBITDA | 1.10B | 1.01B | 911.30M | 847.50M | 711.90M | 613.30M |
| EBITDA Margin | 25.03% | 24.74% | 24.16% | 23.21% | 21.76% | 21.39% |
| D&A For EBITDA | 142.00M | 133.20M | 119.00M | 111.60M | 85.60M | 71.60M |
| EBIT | 957.00M | 873.10M | 792.30M | 735.90M | 626.30M | 541.70M |
| EBIT Margin | 21.80% | 21.47% | 21.00% | 20.16% | 19.14% | 18.89% |
| Effective Tax Rate | 18.80% | 16.22% | 14.50% | 12.41% | 10.92% | 7.77% |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 388.10M | 356.20M | 503.80M | 468.10M | 288.00M | 397.90M |
| Cash & Short-Term Investments | 388.10M | 356.20M | 503.80M | 468.10M | 288.00M | 397.90M |
| Accounts Receivable | 551.60M | 437.70M | 418.90M | 412.80M | 395.60M | 283.30M |
| Other Receivables | 30.00M | 29.80M | 8.90M | 8.30M | 29.10M | |
| Receivables | 551.60M | 467.70M | 448.70M | 421.70M | 403.90M | 312.40M |
| Inventory | 539.40M | 519.00M | 423.00M | 438.50M | 479.00M | 380.40M |
| Other Current Assets | 83.90M | 48.90M | 46.80M | 32.60M | 43.70M | 26.90M |
| Total Current Assets | 1.56B | 1.39B | 1.42B | 1.36B | 1.21B | 1.12B |
| Property, Plant & Equipment | 644.90M | 611.00M | 533.00M | 506.20M | 406.80M | 373.60M |
| Long-Term Investments | 130.60M | 66.80M | 66.90M | 65.80M | 46.80M | 35.80M |
| Goodwill | 1.93B | 1.91B | 1.49B | 1.44B | 1.41B | 803.80M |
| Other Intangible Assets | 798.50M | 826.00M | 569.00M | 572.80M | 608.90M | 447.50M |
| Long-Term Deferred Tax Assets | 321.80M | 331.40M | 292.90M | 227.60M | 154.50M | |
| Other Long-Term Assets | 403.80M | 93.90M | 75.80M | 69.80M | 73.40M | 118.20M |
| Total Assets | 5.47B | 5.22B | 4.49B | 4.31B | 3.99B | 3.05B |
| Accounts Payable | 283.20M | 244.80M | 258.00M | 259.20M | 280.70M | 259.10M |
| Accrued Expenses | 439.20M | 378.30M | 311.30M | 344.60M | 338.70M | 288.50M |
| Current Portion of Long-Term Debt | 300.00K | 200.00K | 21.90M | 412.60M | 12.60M | 12.60M |
| Current Portion of Leases | 49.40M | 41.70M | 36.70M | 33.70M | 31.80M | 29.10M |
| Current Income Taxes Payable | 34.30M | 24.00M | 14.90M | 27.70M | 11.90M | |
| Current Unearned Revenue | 44.80M | 36.00M | 28.10M | |||
| Other Current Liabilities | 6.10M | 20.10M | 16.90M | 14.70M | 12.10M | |
| Total Current Liabilities | 823.00M | 755.40M | 696.90M | 1.08B | 703.60M | 601.20M |
| Long-Term Debt | 2.03B | 1.98B | 1.98B | 1.60B | 2.08B | 1.43B |
| Long-Term Leases | 143.00M | 128.50M | 114.50M | 117.30M | 69.50M | 63.30M |
| Long-Term Unearned Revenue | 7.60M | 5.20M | 5.10M | |||
| Pension & Post-Retirement Benefits | 44.20M | 39.10M | 44.10M | 40.10M | 69.20M | |
| Long-Term Deferred Tax Liabilities | 165.80M | 97.90M | 93.60M | 101.60M | 100.80M | |
| Other Long-Term Liabilities | 289.20M | 77.10M | 56.00M | 56.10M | 50.00M | 24.60M |
| Total Liabilities | 3.29B | 3.16B | 2.99B | 2.99B | 3.05B | 2.29B |
| Common Stock | 800.00K | 900.00K | 900.00K | 900.00K | 900.00K | 900.00K |
| Additional Paid-In Capital | 34.20M | 13.90M | ||||
| Retained Earnings | 2.41B | 2.24B | 1.83B | 1.58B | 1.21B | 952.60M |
| Comprehensive Income & Other | -241.80M | -205.60M | -331.60M | -261.50M | -285.80M | -194.40M |
| Total Common Equity | 2.17B | 2.07B | 1.50B | 1.32B | 941.80M | 759.10M |
| Minority Interest | 2.70M | 3.30M | ||||
| Shareholders' Equity | 2.17B | 2.07B | 1.50B | 1.32B | 944.50M | 762.40M |
| Total Liabilities & Equity | 5.47B | 5.22B | 4.49B | 4.31B | 3.99B | 3.05B |
| Total Debt | 2.22B | 2.15B | 2.15B | 2.17B | 2.20B | 1.53B |
| Net Cash (Debt) | -1.84B | -1.79B | -1.65B | -1.70B | -1.91B | -1.14B |
| Net Cash Per Share | -21.33 | -20.72 | -18.80 | -19.23 | -21.61 | -12.56 |
| Filing Date Shares Outstanding | 84.32M | 86.15M | 86.29M | 87.55M | 87.87M | 88.23M |
| Total Common Shares Outstanding | 84.32M | 86.07M | 86.25M | 87.50M | 87.85M | 88.22M |
| Working Capital | 740.00M | 636.40M | 725.40M | 281.20M | 511.00M | 516.40M |
| Book Value Per Share | 25.76 | 24.02 | 17.40 | 15.07 | 10.72 | 8.61 |
| Tangible Book Value | -552.20M | -670.80M | -557.70M | -697.60M | -1.08B | -492.20M |
| Tangible Book Value Per Share | -6.55 | -7.79 | -6.47 | -7.97 | -12.30 | -5.58 |
| Land | 19.80M | 18.50M | 19.10M | 18.30M | 16.50M | |
| Buildings | 204.10M | 186.30M | 183.00M | 173.20M | 177.00M | |
| Machinery | 577.20M | 514.60M | 489.30M | 463.80M | 451.10M | |
| Construction In Progress | 75.50M | 90.70M | 86.20M | 60.10M | 30.50M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 691.10M | 643.80M | 597.50M | 540.40M | 458.00M | 483.00M |
| Depreciation & Amortization | 142.00M | 133.20M | 119.00M | 111.60M | 85.60M | 71.60M |
| Other Amortization | 12.30M | 11.50M | ||||
| Loss (Gain) From Sale of Assets | 7.10M | |||||
| Asset Writedown & Restructuring Costs | 7.50M | |||||
| Loss (Gain) From Sale of Investments | -900.00K | -900.00K | 1.00M | 800.00K | 200.00K | -25.60M |
| Stock-Based Compensation | 29.80M | 29.80M | 28.20M | 26.40M | 24.50M | 23.40M |
| Other Operating Activities | -2.90M | -2.90M | -46.60M | -68.30M | -58.40M | -35.10M |
| Change in Accounts Receivable | 23.70M | 23.70M | -6.70M | -11.90M | -53.40M | 31.70M |
| Change in Inventory | -38.90M | -38.90M | 16.70M | 44.60M | -61.70M | -105.60M |
| Change in Accounts Payable | -34.40M | -34.40M | 3.60M | -33.60M | 2.50M | 40.00M |
| Change in Other Net Operating Assets | 34.60M | 30.40M | -37.70M | -16.90M | 42.80M | -6.30M |
| Operating Cash Flow | 844.10M | 783.80M | 675.00M | 600.60M | 459.50M | 488.60M |
| Capital Expenditures | -104.20M | -98.10M | -92.10M | -84.20M | -64.00M | -45.40M |
| Cash Acquisitions | -72.90M | -592.20M | -137.20M | -31.70M | -923.10M | -6.50M |
| Investment in Securities | 7.60M | |||||
| Other Investing Activities | -37.30M | 4.80M | 900.00K | -13.20M | -7.00M | 12.70M |
| Investing Cash Flow | -214.40M | -685.50M | -228.40M | -129.10M | -994.10M | -31.60M |
| Long-Term Debt Issued | 561.90M | 400.00M | 30.00M | 940.00M | 250.00M | |
| Total Debt Issued | 551.30M | 561.90M | 400.00M | 30.00M | 940.00M | 250.00M |
| Long-Term Debt Repaid | -587.40M | -413.30M | -111.60M | -283.60M | -238.90M | |
| Total Debt Repaid | -609.70M | -587.40M | -413.30M | -111.60M | -283.60M | -238.90M |
| Net Debt Issued (Repaid) | -58.40M | -25.50M | -13.30M | -81.60M | 656.40M | 11.10M |
| Issuance of Common Stock | 23.60M | 23.60M | 14.70M | 1.30M | ||
| Repurchase of Common Stock | -280.30M | -80.00M | -220.00M | -59.90M | -64.30M | -412.80M |
| Common Dividends Paid | -184.10M | -175.30M | -167.00M | -158.70M | -143.90M | -129.00M |
| Other Financing Activities | -40.30M | -9.50M | -8.90M | 200.00K | -11.20M | 1.40M |
| Financing Cash Flow | -539.50M | -266.70M | -394.50M | -298.70M | 437.00M | -529.30M |
| Foreign Exchange Rate Adjustments | -4.80M | 20.80M | -16.40M | 7.30M | -12.30M | -10.20M |
| Net Cash Flow | 85.40M | -147.60M | 35.70M | 180.10M | -109.90M | -82.50M |
| Free Cash Flow | 739.90M | 685.70M | 582.90M | 516.40M | 395.50M | 443.20M |
| Free Cash Flow Margin | 16.85% | 16.86% | 15.45% | 14.14% | 12.09% | 15.46% |
| Free Cash Flow Per Share | 8.60 | 7.92 | 6.65 | 5.85 | 4.48 | 4.90 |
| Levered Free Cash Flow | 580.99M | 505.56M | 465.74M | 463.55M | 295.20M | 378.99M |
| Unlevered Free Cash Flow | 642.42M | 568.69M | 529.49M | 521.74M | 342.64M | 410.36M |
| Cash Interest Paid | 98.10M | 98.10M | 100.30M | 92.00M | 56.90M | 45.10M |
| Cash Income Tax Paid | 121.20M | 121.20M | 158.30M | 157.90M | 81.70M | 89.10M |
| Change in Working Capital | -15.00M | -19.20M | -24.10M | -17.80M | -69.80M | -40.20M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 16.17B | 13.70B | 11.36B | 11.12B | 9.25B | 11.88B |
| Enterprise Value | 18.00B | 15.66B | 13.04B | 12.92B | 11.30B | 12.90B |
| Last Close Price | 186.44 | 157.41 | 127.42 | 121.75 | 99.54 | 123.28 |
| PE Ratio | 23.85 | 21.28 | 19.01 | 20.58 | 20.19 | 24.59 |
| Forward PE | 19.28 | 18.36 | 17.23 | 18.60 | 17.60 | 25.47 |
| PS Ratio | 3.68 | 3.37 | 3.01 | 3.05 | 2.83 | 4.14 |
| PB Ratio | 7.24 | 6.62 | 7.57 | 8.44 | 9.79 | 15.58 |
| P/FCF Ratio | 21.85 | 19.98 | 19.49 | 21.54 | 23.38 | 26.80 |
| P/OCF Ratio | 19.16 | 17.48 | 16.83 | 18.52 | 20.12 | 24.31 |
| PEG Ratio | 1.92 | 2.94 | 2.07 | 2.46 | 2.08 | 2.54 |
| EV/Sales Ratio | 4.10 | 3.85 | 3.46 | 3.54 | 3.45 | 4.50 |
| EV/EBITDA Ratio | 16.38 | 15.56 | 14.31 | 15.24 | 15.87 | 21.04 |
| EV/EBIT Ratio | 18.82 | 17.93 | 16.46 | 17.55 | 18.04 | 23.82 |
| EV/FCF Ratio | 24.34 | 22.83 | 22.37 | 25.01 | 28.56 | 29.11 |
| Debt / Equity Ratio | 1.02 | 1.04 | 1.43 | 1.64 | 2.33 | 2.01 |
| Debt / EBITDA Ratio | 1.90 | 2.00 | 2.20 | 2.38 | 2.89 | 2.33 |
| Debt / FCF Ratio | 3.01 | 3.14 | 3.69 | 4.19 | 5.55 | 3.46 |
| Net Debt / Equity Ratio | 0.84 | 0.87 | 1.10 | 1.29 | 2.02 | 1.49 |
| Net Debt / EBITDA Ratio | 1.67 | 1.78 | 1.81 | 2.00 | 2.68 | 1.85 |
| Net Debt / FCF Ratio | 2.48 | 2.62 | 2.83 | 3.29 | 4.82 | 2.56 |
| Asset Turnover | 0.82 | 0.84 | 0.86 | 0.88 | 0.93 | 0.94 |
| Inventory Turnover | 4.53 | 4.73 | 4.88 | 4.51 | 4.54 | 5.01 |
| Quick Ratio | 1.14 | 1.09 | 1.37 | 0.82 | 0.98 | 1.18 |
| Current Ratio | 1.90 | 1.84 | 2.04 | 1.26 | 1.73 | 1.86 |
| Return on Equity (ROE) | 33.56% | 36.08% | 42.39% | 47.78% | 53.70% | 60.60% |
| Return on Assets (ROA) | 11.19% | 11.24% | 11.25% | 11.08% | 11.12% | 11.06% |
| Return on Invested Capital (ROIC) | 19.36% | 20.87% | 21.98% | 21.97% | 23.48% | 26.47% |
| Return on Capital Employed (ROCE) | 20.60% | 19.50% | 20.90% | 22.80% | 19.10% | 22.10% |
| Earnings Yield | 4.19% | 4.70% | 5.26% | 4.86% | 4.95% | 4.07% |
| FCF Yield | 4.58% | 5.01% | 5.13% | 4.64% | 4.28% | 3.73% |
| Dividend Yield | 1.15% | 1.28% | 1.46% | 1.42% | 1.56% | 1.07% |
| Payout Ratio | 27.37% | 27.23% | 27.95% | 29.37% | 31.42% | 26.71% |
| Buyback Yield / Dilution | 0.72% | 1.14% | 0.79% | 0.11% | 2.43% | 2.48% |
| Total Shareholder Return | 1.87% | 2.42% | 2.25% | 1.53% | 3.99% | 3.55% |