ALLE
NYSE · USDAllegion plc
Industrials · Security & Protection Services
CEO John H. Stone
Employees 13,300
R&D / revenue 3.2%
Last price
$156.54+0.51%last session
Market cap
$13.3B
P/E (TTM)
20.4x
From 52w high
−14.5%
From 52w low
+25.2%
1-year return
−11.6%
RSI 14 · vs SMA200
56.6 · +4.5%
IS score
65.5/ 100
Factor model across 8 sub-scores, ranked against 3,010 US stocks. Describes the business, not the outlook.
Download full factsheet (PDF)
One year, rebased to 100
ALLE SPY XLI (sector ETF) · weekly closesScore DNA
Each bar is a 0-100 score within the scored universe72Profitability
54Growth
52Value
77Momentum
100Risk (safety)
79Quality
61Balance sheet
80Earnings quality
Flags
Strengths
✓ FCF yield 5%+✓ Insider buying
Warnings
None of the computed warning flags fires for ALLE (Altman, Beneish, accruals, FCF, dilution).
Observations
Moat model: Narrow, Efficient ScalePiotroski 7 / 9Altman Z 4.4Beta 0.843 of 4 smart-money sources active
Smart-money strip
Each disclosure source on its own window. Filings coinciding is not coordination.INSForm 4 · 180 days
Insider open-market buys
1
$0.03M bought
Form 144 notices (12m): 8, $2.6M proposed, not confirmed sales
CONGSTOCK Act · 180 days
Congressional purchases
0
No disclosed purchases
Members disclose in ranges, 30-45 days after the trade
13F13F · quarter to 2026-06-30
Net change in institutional holders
−27
78 new holders, 94 closed
734 filers hold 101.5% · 259 added, 276 trimmed
ETFETF holdings · 30 days
Net funds accumulating
+42
293 funds adding shares
251 funds trimming · counts of funds, not dollars
DARKFINRA · daily
Short-sale share of off-exchange volume
26.7%
20-day avg 43.2%, 50-day avg 49.8%
Latest 16.5 pp under its 20-day average · a flow, not short interest
Key financials · FY2025
USD, fiscal year. Stock-based compensation is non-cash; shown against FCF.Income statement
Revenue$4.1B
Revenue growth YoY+7.8%
Gross margin45.2%
Operating income$859.5M
Operating margin21.1%
Net income$643.8M
Net margin15.8%
EPS (diluted)$7.44
Cash flow
Operating cash flow$783.8M
Capital expenditure$98.1M
Free cash flow$685.7M
FCF conversion (FCF / OCF)87.5%
Stock-based compensation$29.8M
FCF less SBC$655.9M
Buybacks$80.0M
Dividends$175.3M
Balance sheet & returns
Cash & short-term investments$356.2M
Total debt$2.2B
Net debt$1.8B
Shareholders' equity$2.1B
Goodwill & intangibles$2.7B
Debt / equity0.96
ROE (TTM)32.0%
ROIC (TTM)16.2%
Operating margin by fiscal year
Revenue $2.9B (FY2021) to $4.1B (FY2025), a 9.1% CAGR.
Valuation
P/E (TTM)20.4x
EV / EBITDA14.5x
Price / sales3.10x
Price / FCF19.5x
FCF yield5.12%
Buyback yield0.60%
SBC / revenue0.0%
Price / book6.33x
Forward P/E FY202617.5x
Forward P/E FY202716.0x
Forward P/E FY202814.6x
Forward multiples divide today's price by Street EPS estimates. Street mean target $175.00 across 2 analysts last quarter is theirs, not ours.
ALLE vs industry median
60 companies in Security & Protection Services
ALLE (TTM)Industry median
Asset turnover 0.80 vs industry 0.76 · financial leverage 2.53
Earnings delivery
Next report 2026-10-22 · consensus EPS $2.5083%
beat rate, 10 of 12 quarters
+6.4%
median EPS surprise
9
longest beat streak
EPS surprise in % vs the consensus at the time, oldest (left) to newest, 2023-10-31 to 2026-07-23. Bars cap at ±60%.
Peers
Market-cap band, not the industry cohort above| Company | Mkt cap | P/E | ROE | Net margin | Rev growth | 12m return |
|---|---|---|---|---|---|---|
| ALLE Allegion plc | $13.3B | 20.4x | 32.0% | 15.4% | +7.8% | −11.6% |
| MSA MSA Safety Incorporated | $6.9B | 22.2x | 23.7% | 17.1% | +6.5% | +8.9% |
| ADT ADT Inc. | $5.0B | 8.9x | 17.4% | 12.3% | +2.1% | −19.0% |
| BCO The Brink's Company | $4.3B | 24.0x | 64.0% | 3.2% | +8.1% | −5.3% |
| BRC Brady Corporation | $3.8B | 18.9x | 16.1% | 10.4% | +9.8% | +9.2% |
| GEO The GEO Group, Inc. | $3.8B | 13.4x | 20.1% | 6.5% | +15.3% | — |
| CXW CoreCivic, Inc. | $3.0B | 24.9x | 8.8% | 5.4% | +24.3% | — |
| MLI Mueller Industries, Inc. | $13.3B | 15.4x | 26.3% | 17.5% | +14.8% | — |
12-month window: SPY +15.9%, sector ETF XLI +10.7%. Past returns describe history only.
Recent 8-K filings
2026-09-08Officer/Director Change; Regulation FD; Exhibits
2026-07-23Earnings Release; Exhibits
2026-06-09Shareholder Vote
2026-04-28Earnings Release; Exhibits
2026-04-15Other Events
2026-02-17Results of Operations and Financial Condition; Financial Statements and Exhibits
Context
Shares outstanding85,036,800
Free float99.5%
Institutional ownership101.5%
Beta0.84
Dividend yield1.38%
Last dividend$0.55 on 2026-09-15
50 / 200-day average$156.84 / $149.90
Large-cap Industrials median P/E29.8x
Full factsheet
The PDF carries everything on this page plus the cash-allocation waterfall, Form 144 notices, 13F holder detail, dark-pool and short-flow history, seasonality and the moat assessment (Narrow).
Read it in the browser Download (PDF)All fundamentals · 140 measures in 13 categories
Percentile = where ALLE sits among 12 scored companies in Security & Protection Services (0 = lowest value, 100 = highest). It is a position, not a grade.ValuationProfitability (TTM)Returns on capitalGrowthMargin history & stabilityLiquidity (latest quarter)Leverage & solvency (latest quarter)EfficiencyCash flow & earnings qualityDividends & buybacksScores & forensic checksPer shareSize (TTM)
Valuation
| Measure | ALLE | Industry percentile |
|---|---|---|
| P/E (TTM) | 20.2x | 44th |
| PEG (P/E ÷ 3-yr EPS CAGR) | 2.13 | 62nd |
| Price / sales | 3.1x | 73rd |
| Price / book | 6.3x | 73rd |
| Price / tangible book | — | |
| Price / free cash flow | 19.5x | 40th |
| Price / operating cash flow | 17.0x | 55th |
| Enterprise value | $15.0B | 100th |
| EV / sales | 3.5x | 73rd |
| EV / EBITDA | 14.6x | 80th |
| EV / EBIT | 16.8x | 67th |
| EV / free cash flow | 22.0x | 60th |
| Earnings yield | 4.9% | 64th |
| FCF yield | 5.1% | 64th |
| Operating cash flow yield | 5.9% | 45th |
| Graham number (per share) | $65.15 | 89th |
Profitability (TTM)
| Measure | ALLE | Industry percentile |
|---|---|---|
| Gross margin | 44.8% | 55th |
| EBITDA margin | 24.1% | 73rd |
| Operating margin | 20.8% | 73rd |
| EBIT margin | 20.8% | 73rd |
| Net margin | 15.4% | 82nd |
| NOPAT margin | 17.3% | 73rd |
| FCF margin | 15.9% | 73rd |
| Operating cash flow margin | 18.2% | 73rd |
| R&D / revenue | 0.0% | 0th |
| SG&A / revenue | 24.0% | 73rd |
| Stock comp / revenue | 0.0% | 0th |
| Effective tax rate | 16.9% | 9th |
Returns on capital
| Measure | ALLE | Industry percentile |
|---|---|---|
| ROE (on average equity) | 33.7% | 91st |
| ROA | 12.8% | 82nd |
| ROIC | 19.4% | 82nd |
| ROCE | 19.5% | 82nd |
| Return on tangible assets | 17.4% | 82nd |
| Cash ROIC (OCF / invested capital) | 20.4% | 64th |
| Gross profitability (GP / assets) | 35.8% | 73rd |
| ROIC, 3-yr average | 17.2% | 91st |
| ROIC, 5-yr average | 21.1% | 91st |
| ROE, 5-yr average | 42.0% | 91st |
| Incremental ROIC | 167.3% | 82nd |
Growth
| Measure | ALLE | Industry percentile |
|---|---|---|
| Revenue growth (TTM YoY) | 10.6% | 64th |
| Revenue growth (QoQ) | 11.4% | 73rd |
| Revenue CAGR, 3 yr | 5.9% | 64th |
| Revenue CAGR, 5 yr | 8.2% | 82nd |
| Gross profit CAGR, 3 yr | 8.3% | 55th |
| Operating income CAGR, 3 yr | 9.6% | 60th |
| Net income growth (TTM YoY) | 5.2% | 22nd |
| Net income CAGR, 3 yr | 8.5% | 38th |
| EPS growth (TTM YoY) | 5.7% | 11th |
| EPS CAGR, 3 yr | 9.5% | 38th |
| EPS CAGR, 5 yr | 8.2% | 0th |
| FCF growth (TTM YoY) | -1.6% | 11th |
| FCF CAGR, 3 yr | 10.8% | 67th |
| Operating cash flow CAGR, 3 yr | 10.4% | 67th |
| Book value CAGR, 3 yr | 24.1% | 100th |
| Dividend CAGR, 3 yr | 2.6% | 50th |
| Sustainable growth rate | 24.3% | 89th |
Margin history & stability
| Measure | ALLE | Industry percentile |
|---|---|---|
| Gross margin, 3-yr average | 44.5% | 45th |
| Operating margin, 3-yr average | 20.6% | 73rd |
| Net margin, 3-yr average | 15.5% | 91st |
| FCF margin, 3-yr average | 15.8% | 73rd |
| Revenue stability (0-1) | 0.96 | 82nd |
| Earnings stability (0-1) | 0.95 | 100th |
| Margin stability (0-1) | 0.97 | 82nd |
Liquidity (latest quarter)
| Measure | ALLE | Industry percentile |
|---|---|---|
| Cash & short-term investments | $320.6M | 91st |
| Net cash (− = net debt) | −$1.7B | 18th |
| Working capital | $722.7M | 91st |
| Current ratio | 1.93 | 55th |
| Quick ratio | 1.23 | 18th |
| Cash ratio (cash + ST investments / current liabilities) | 0.41 | 36th |
| Defensive interval (days) | 313 days | 36th |
Leverage & solvency (latest quarter)
| Measure | ALLE | Industry percentile |
|---|---|---|
| Total debt | $2.0B | 82nd |
| Debt / equity | 0.96 | 73rd |
| Net debt / equity | 0.81 | 64th |
| Debt / assets | 37.9% | 64th |
| Debt / capital | 48.9% | 73rd |
| Debt / EBITDA | 1.97 | 50th |
| Net debt / EBITDA | 1.66 | 50th |
| Interest coverage (EBIT / interest) | 8.9x | 78th |
| Cash interest coverage | 7.8x | 67th |
| Debt payback (years of OCF) | 2.6 yrs | 55th |
| Liabilities / assets | 60.5% | 73rd |
| IS credit model rating | A+ | |
| Implied credit spread (bps) | 125 | 36th |
Efficiency
| Measure | ALLE | Industry percentile |
|---|---|---|
| Asset turnover | 0.83 | 64th |
| Fixed asset turnover | 9.49 | 82nd |
| Inventory turnover | 4.6 | 62nd |
| Receivables turnover | 8.3 | 73rd |
| Days sales outstanding | 44 days | 27th |
| Days inventory outstanding | 79 days | 38th |
| Days payables outstanding | 43 days | 64th |
| Cash conversion cycle (days) | 80 days | 55th |
| Capex / revenue | 2.3% | 27th |
| Capex / depreciation | 0.72 | 36th |
| Operating expense ratio | 22.8% | 45th |
Cash flow & earnings quality
| Measure | ALLE | Industry percentile |
|---|---|---|
| Operating cash flow / net income | 1.19 | 11th |
| FCF / net income | 1.04 | 44th |
| FCF / operating cash flow | 87.2% | 73rd |
| Capex / operating cash flow | 12.8% | 27th |
| Accruals ratio | -2.4% | 64th |
| Sloan accruals ratio | -7.1% | 0th |
| Earnings quality score (0-1) | 1.00 | 33rd |
Scores & forensic checks
| Measure | ALLE | Industry percentile |
|---|---|---|
| IS score | 65 | 64th |
| IS profitability | 72 | 82nd |
| IS growth | 54 | 36th |
| IS value | 52 | 45th |
| IS momentum | 77 | 27th |
| IS risk (safety) | 100 | 64th |
| IS quality | 79 | 73rd |
| IS balance sheet | 61 | 55th |
| IS earnings quality | 80 | 91st |
| IS cash flow | 59 | 55th |
| Piotroski F-score (0-9) | 7 | 36th |
| Altman Z-score | 4.4 | 64th |
| Beneish M-score | −2.35 | 82nd |
| Ohlson O-score | −7.69 | 45th |
| IS credit score | 79 | 64th |
Size (TTM)
| Measure | ALLE | Industry percentile |
|---|---|---|
| Market cap | $13.3B | 100th |
| Revenue | $4.3B | 82nd |
| EBITDA | $1.0B | 91st |
| Net income | $658.6M | 100th |
| Free cash flow | $681.9M | 91st |
| Total assets | $5.4B | 82nd |
| Shareholders' equity | $2.1B | 91st |
| Employees | 13,300 | 73rd |
Insider transactions, last 6 months
Form 4 · most recent 12| Date | Insider | Type | Shares | Price | Value | Owned after |
|---|---|---|---|---|---|---|
| 2026-08-28 | Mizell Steven Director |
Open-market buy | 170 | $158.28 | $26,908 | 5,899 |
| 2026-08-19 | Eckersley Timothy P President-Intl & SVP-Allegion |
Gift | 1,527 | — | — | 28,392 |
| 2026-08-19 | Eckersley Timothy P President-Intl & SVP-Allegion |
Gift | 1,527 | — | — | 1,527 |
| 2026-08-18 | Ilardi David S. President-Amer & SVP-Allegion |
Option exercise | 549 | $71.83 | $39,437 | 14,301 |
| 2026-08-18 | Ilardi David S. President-Amer & SVP-Allegion |
Open-market sale | 549 | $161.09 | $88,438 | 13,752 |
| 2026-08-18 | Ilardi David S. President-Amer & SVP-Allegion |
Option exercise | 549 | $71.83 | $39,437 | 0 |
| 2026-08-06 | Wenos Vincent SVP - Chief Technology Officer |
Open-market sale | 1,000 | $168.25 | $168,250 | 12,096 |
| 2026-08-01 | Stone John H Director, President and CEO |
Tax withholding | 11,292 | $156.73 | $1.8M | 136,161 |
| 2026-07-27 | Eckersley Timothy P President-Intl & SVP-Allegion |
Open-market sale | 6,417 | $157.26 | $1.0M | 29,919 |
| 2026-07-23 | Wagnes Michael J. SVP and CFO |
Option exercise | 1,716 | $71.83 | $123,269 | 33,015 |
| 2026-07-23 | Wagnes Michael J. SVP and CFO |
Open-market sale | 1,468 | $150.98 | $221,639 | 31,299 |
| 2026-07-23 | Wagnes Michael J. SVP and CFO |
Option exercise | 1,468 | $86.93 | $127,613 | 32,767 |
Shares acquired vs disposed, by month
acquired disposed · all Form 4 typesBy transaction type, 6 months
| Type | Direction | Filings | Shares | Value |
|---|---|---|---|---|
| Award / grant | Acquired | 7 | 8,093 | — |
| Gift | Disposed | 1 | 1,527 | — |
| Gift | Acquired | 1 | 1,527 | — |
| Open-market buy | Acquired | 1 | 170 | $26,908 |
| Open-market sale | Disposed | 6 | 14,114 | $2.1M |
| Option exercise | Disposed | 4 | 4,420 | $339,670 |
| Option exercise | Acquired | 4 | 4,420 | $339,670 |
| Tax withholding | Disposed | 9 | 13,638 | $2.1M |
Awards, option exercises and tax withholding are compensation mechanics; open-market buys and sales are the discretionary ones.
Form 144 notices
12 months: 8 notices · 17,230 shares · $2.6M| Filed | Filer | Shares proposed | Est. proceeds |
|---|---|---|---|
| 2026-08-18 | Ilardi David S. | 549 | $88,438 |
| 2026-08-06 | Vincent Wenos | 1,000 | $168,250 |
| 2026-07-27 | Timothy Eckersley | 6,417 | $1.0M |
| 2026-07-23 | Wagnes Michael J. | 3,184 | $480,720 |
A Form 144 is notice of a proposed sale, not a confirmed one.
Congress trades
12 months: House 8 trades (3 purchases) · Senate 0 (0 purchases)| Traded | Member | Chamber | Type | Amount | Disclosed |
|---|---|---|---|---|---|
| 2025-10-31 | Lisa McClain | House | Sale | $1,001 - $15,000 | 2025-11-24 |
| 2025-10-31 | Lisa C. McClain | House | Sale (Full) | $1,001 - $15,000 | 2025-11-24 |
| 2025-10-30 | Lisa McClain | House | Purchase | $1,001 - $15,000 | 2025-11-24 |
| 2025-10-30 | Lisa McClain | House | Sale | $1,001 - $15,000 | 2025-11-24 |
| 2023-04-03 | Tommy Tuberville | Senate | Sale (Full) | $1,001 - $15,000 | 2023-05-12 |
| 2023-04-03 | Tommy Tuberville | Senate | Sale (Full) | $1,001 - $15,000 | 2023-05-11 |
| 2023-04-03 | Tommy Tuberville | Senate | Sale (Full) | $1,001 - $15,000 | 2023-05-11 |
| 2023-04-03 | Thomas Hawley Tuberville | Senate | Sale (Full) | $1,001 - $15,000 | 2023-05-11 |
STOCK Act disclosures, in ranges, filed up to 45 days after the trade.
Largest 13F holders
Quarter to 2026-06-30, the latest most managers have filed| Manager | Shares | Value | % of shares out |
|---|---|---|---|
| BlackRock, Inc. | 6,806,953 | $956.3M | 8.00% |
| VANGUARD CAPITAL MANAGEMENT LLC | 5,621,944 | $789.8M | 6.61% |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 4,953,114 | $695.9M | 5.82% |
| STATE STREET CORP | 4,344,088 | $610.3M | 5.11% |
| KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC | 3,390,592 | $476.3M | 3.99% |
| GEODE CAPITAL MANAGEMENT, LLC | 2,895,905 | $405.6M | 3.41% |
| Invesco Ltd. | 2,292,541 | $322.1M | 2.70% |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | 2,220,158 | $317.6M | 2.61% |
| DEUTSCHE BANK AG\ | 1,766,125 | $248.1M | 2.08% |
| FMR LLC | 1,342,197 | $188.6M | 1.58% |
| MORGAN STANLEY | 1,218,967 | $171.3M | 1.43% |
| NORDEA INVESTMENT MANAGEMENT AB | 1,152,662 | $161.2M | 1.36% |
| Boston Partners | 1,118,278 | $157.1M | 1.32% |
| DIMENSIONAL FUND ADVISORS LP | 1,090,624 | $153.2M | 1.28% |
| FRANKLIN RESOURCES INC | 940,858 | $132.2M | 1.11% |
Institutional ownership by quarter
% of shares held by 13F filers
Number of 13F filers holding
Holder changes by quarter
| Quarter | Holders | Ownership | New | Increased | Reduced | Closed |
|---|---|---|---|---|---|---|
| 2026-06-30 | 734 | 101.5% | 78 | 259 | 276 | 94 |
| 2026-03-31 | 761 | 97.6% | 87 | 266 | 269 | 111 |
| 2025-12-31 | 799 | 95.9% | 123 | 283 | 257 | 67 |
| 2025-09-30 | 755 | 95.5% | 131 | 272 | 226 | 60 |
| 2025-06-30 | 694 | 97.0% | 105 | 261 | 214 | 92 |
| 2025-03-31 | 691 | 97.6% | 103 | 254 | 211 | 68 |
| 2024-12-31 | 662 | 96.2% | 114 | 259 | 169 | 56 |
| 2024-09-30 | 611 | 95.6% | 83 | 218 | 190 | 49 |
| 2024-06-30 | 582 | 95.7% | 69 | 206 | 188 | 60 |
| 2024-03-31 | 578 | 96.6% | 75 | 197 | 185 | 44 |
| 2023-12-31 | 549 | 98.5% | 78 | 193 | 181 | 53 |
| 2023-09-30 | 530 | 95.3% | 60 | 195 | 171 | 67 |
Schedule 13D / 13G filers
| Filed | Form | Filer | % of class | Shares |
|---|---|---|---|---|
| 2026-08-07 | SCHEDULE 13G | STATE STREET CORPORATION | 5.1% | 4,348,530 |
| 2026-08-03 | SCHEDULE 13G/A | Boston Partners | 5.2% | 4,451,622 |
| 2026-05-14 | SCHEDULE 13G/A | Boston Partners | 5.0% | 4,260,020 |
| 2026-04-28 | SCHEDULE 13G | Vanguard Capital Management | 7.5% | 6,464,700 |
Required above 5% of a class; 13G is the passive form.
ETFs with the largest holding
| ETF | Weight in fund | Holding value |
|---|---|---|
| VITSX | 0.02% | $413.8M |
| VTI | 0.02% | $413.8M |
| VTSAX | 0.02% | $413.8M |
| VSMPX | 0.02% | $413.8M |
| VFFSX | 0.02% | $343.2M |
| VFIAX | 0.02% | $343.2M |
Share structure
Shares outstanding85,036,800
Float84,652,859
Free float99.5%
Income statement
Fiscal years, USD| FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | |
|---|---|---|---|---|---|
| Revenue | $2.9B | $3.3B | $3.7B | $3.8B | $4.1B |
| Cost of revenue | $1.7B | $1.9B | $2.1B | $2.1B | $2.2B |
| Gross profit | $1.2B | $1.3B | $1.6B | $1.7B | $1.8B |
| R&D | $0 | $0 | $0 | $112.7M | $132.0M |
| SG&A | $674.7M | $736.0M | $865.6M | $887.8M | $978.8M |
| Operating income | $530.2M | $586.4M | $708.4M | $780.7M | $859.5M |
| EBITDA | $657.3M | $688.3M | $821.9M | $916.9M | $989.2M |
| Pretax income | $524.0M | $514.5M | $617.2M | $698.8M | $768.4M |
| Income tax | $40.7M | $56.2M | $76.6M | $101.3M | $124.6M |
| Net income | $483.0M | $458.0M | $540.4M | $597.5M | $643.8M |
| EPS, diluted | $5.34 | $5.19 | $6.12 | $6.82 | $7.44 |
| Diluted shares | 90.5M | 88.3M | 88.3M | 87.6M | 86.5M |
Balance sheet
| FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | |
|---|---|---|---|---|---|
| Cash & short-term investments | $397.9M | $288.0M | $468.1M | $503.8M | $356.2M |
| Receivables | $283.3M | $403.9M | $421.7M | $448.7M | $467.7M |
| Inventory | $380.4M | $479.0M | $438.5M | $423.0M | $519.0M |
| Total current assets | $1.1B | $1.2B | $1.4B | $1.4B | $1.4B |
| PP&E, net | $283.7M | $308.7M | $358.1M | $385.3M | $611.0M |
| Goodwill & intangibles | $1.3B | $2.0B | $2.0B | $2.1B | $2.7B |
| Total assets | $3.1B | $4.0B | $4.3B | $4.5B | $5.2B |
| Accounts payable | $259.1M | $280.7M | $259.2M | $258.0M | $244.8M |
| Total current liabilities | $601.2M | $703.6M | $1.1B | $696.9M | $755.4M |
| Long-term debt | $1.4B | $2.1B | $1.6B | $2.0B | $2.1B |
| Total liabilities | $2.3B | $3.0B | $3.0B | $3.0B | $3.2B |
| Shareholders' equity | $762.4M | $944.5M | $1.3B | $1.5B | $2.1B |
Cash flow statement
Outflows are negative| FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | |
|---|---|---|---|---|---|
| Net income | $483.3M | $458.3M | $540.6M | $597.5M | $643.8M |
| Depreciation & amortization | $83.1M | $97.9M | $111.6M | $119.0M | $133.2M |
| Stock-based compensation | $23.4M | $24.5M | $26.4M | $28.2M | $29.8M |
| Change in working capital | −$77.8M | −$96.7M | −$17.8M | −$24.1M | $6.8M |
| Operating cash flow | $488.6M | $459.5M | $600.6M | $675.0M | $783.8M |
| Capital expenditure | −$45.4M | −$64.0M | −$84.2M | −$92.1M | −$98.1M |
| Free cash flow | $443.2M | $395.5M | $516.4M | $582.9M | $685.7M |
| Investing cash flow | −$31.6M | −$994.1M | −$129.1M | −$228.4M | −$685.5M |
| Net debt issued / repaid | $11.1M | $656.4M | −$81.6M | −$13.3M | −$53.8M |
| Buybacks | −$412.8M | −$61.0M | −$59.9M | −$220.0M | −$80.0M |
| Dividends paid | −$129.0M | −$143.9M | −$158.7M | −$167.0M | −$175.3M |
Ratio history
Margins on the fiscal-year (TTM at Q4) basis; multiples at each year end| FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | |
|---|---|---|---|---|---|
| Gross margin | 42.0% | 40.4% | 43.3% | 44.2% | 45.2% |
| Operating margin | 18.5% | 17.9% | 19.4% | 20.7% | 21.1% |
| Net margin | 16.8% | 14.0% | 14.8% | 15.8% | 15.8% |
| FCF margin | 15.5% | 12.1% | 14.1% | 15.4% | 17.4% |
| ROE | 60.8% | 53.9% | 47.8% | 42.4% | 36.1% |
| ROIC | 27.1% | 19.0% | 21.7% | 21.2% | 18.0% |
| ROA | 15.8% | 13.0% | 13.0% | 13.6% | 13.3% |
| Debt / equity | 1.90 | 2.22 | 1.53 | 1.43 | 1.10 |
| Interest coverage | 11.4x | 7.8x | 7.6x | 7.9x | 8.6x |
| Current ratio | 1.86 | 1.73 | 1.26 | 2.04 | 1.84 |
| Revenue growth | +5.4% | +14.1% | +11.6% | +3.3% | +7.8% |
| EPS growth | +56.2% | −3.7% | +18.1% | +11.8% | +8.6% |
| P/E at year end | 23.2x | 19.4x | 20.1x | 18.8x | 21.4x |
| EV / EBITDA at year end | 18.6x | 15.5x | 15.1x | 14.0x | 15.7x |
| FCF yield at year end | 3.96% | 4.45% | 4.75% | 5.18% | 5.13% |
| Dividend payout | 26.7% | 30.9% | 29.2% | 27.9% | 28.1% |
Revenue by segment
| FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | |
|---|---|---|---|---|---|
| Product | $2.2B | $3.2B | $3.5B | $3.5B | $3.8B |
| Non Mechanical Product Revenues [Domain] | $618.2M | $112.1M | $191.6M | $253.6M | $278.3M |
Revenue by region · FY2025
Americas$3.0B · 75%
Allegion International$1.0B · 25%
Street estimates by fiscal year
Next report 2026-10-22 · consensus EPS $2.50 · these are analysts' numbers, not ours| Fiscal year | Revenue (mean) | Revenue range | EPS (mean) | EPS range | Analysts | P/E on mean EPS |
|---|---|---|---|---|---|---|
| 2026 | $4.4B | $4.4B – $4.5B | $8.97 | $8.89 – $9.03 | 7 | 17.5x |
| 2027 | $4.6B | $4.5B – $4.7B | $9.80 | $9.47 – $10.03 | 7 | 16.0x |
| 2028 | $4.9B | $4.8B – $4.9B | $10.74 | $10.47 – $11.09 | 4 | 14.6x |
Reported vs expected, every quarter on file
| Reported | EPS expected | EPS actual | EPS surprise | Revenue expected | Revenue actual | Revenue surprise |
|---|---|---|---|---|---|---|
| 2026-07-23 | $2.22 | $2.40 | +8.1% | $1.1B | $1.2B | +2.9% |
| 2026-04-28 | $1.88 | $1.80 | −4.3% | $1.0B | $1.0B | +0.7% |
| 2026-02-17 | $2.01 | $1.94 | −3.5% | $1.0B | $1.0B | −0.4% |
| 2025-10-23 | $2.21 | $2.30 | +4.1% | $1.0B | $1.1B | +3.1% |
| 2025-07-24 | $1.99 | $2.04 | +2.5% | $1.0B | $1.0B | +2.0% |
| 2025-04-24 | $1.67 | $1.86 | +11.4% | $920.9M | $941.9M | +2.3% |
| 2025-02-18 | $1.75 | $1.86 | +6.3% | $921.2M | $945.6M | +2.7% |
| 2024-10-24 | $1.98 | $2.16 | +9.1% | $939.0M | $967.1M | +3.0% |
| 2024-07-24 | $1.84 | $1.96 | +6.5% | $953.6M | $965.6M | +1.3% |
| 2024-04-25 | $1.45 | $1.55 | +6.9% | $888.3M | $893.9M | +0.6% |
| 2024-02-20 | $1.59 | $1.68 | +5.7% | $902.1M | $897.4M | −0.5% |
| 2023-10-31 | $1.73 | $1.94 | +12.1% | $910.4M | $917.9M | +0.8% |
| 2023-07-26 | $1.71 | $1.76 | +2.9% | $938.2M | $912.5M | −2.7% |
| 2023-04-26 | $1.36 | $1.58 | +16.2% | $844.8M | $923.0M | +9.3% |
| 2023-02-22 | $1.39 | $1.60 | +15.1% | $849.5M | $861.5M | +1.4% |
| 2022-10-27 | $1.47 | $1.64 | +11.6% | $872.7M | $913.7M | +4.7% |
| 2022-07-28 | $1.33 | $1.37 | +3.0% | $773.8M | $773.1M | −0.1% |
| 2022-04-26 | $0.98 | $1.07 | +9.2% | $696.7M | $723.6M | +3.9% |
| 2022-02-15 | $1.02 | $1.11 | +8.8% | $679.5M | $709.2M | +4.4% |
| 2021-10-21 | $1.29 | $1.56 | +20.9% | $756.2M | $717.0M | −5.2% |
| 2021-07-22 | $1.32 | $1.32 | 0.0% | $756.2M | $746.9M | −1.2% |
| 2021-04-22 | $1.02 | $1.20 | +17.6% | $642.0M | $694.3M | +8.1% |
| 2021-02-16 | $1.17 | $1.49 | +27.4% | $543.9M | $727.3M | +33.7% |
| 2020-10-22 | $1.22 | $1.67 | +36.9% | $532.1M | $728.4M | +36.9% |
Off-exchange (dark pool) volume, weekly
FINRA ATS, $ billions · through the week of 2026-08-31 (FINRA publishes with a delay)| Week of | Notional | Shares | Trades |
|---|---|---|---|
| 2026-08-31 | $254.0M | 1,634,406 | 46,999 |
| 2026-08-24 | $304.3M | 1,897,071 | 47,045 |
| 2026-08-17 | $283.2M | 1,742,804 | 46,096 |
| 2026-08-10 | $263.6M | 1,591,263 | 44,640 |
| 2026-08-03 | $269.9M | 1,625,019 | 52,799 |
| 2026-07-27 | $355.9M | 2,250,536 | 60,789 |
Short-sale share of off-exchange volume
daily 20-day average| Date | Short share | Short volume | Total volume |
|---|---|---|---|
| 2026-10-15 | 26.7% | 135,875 | 508,312 |
| 2026-10-14 | 25.9% | 109,607 | 422,765 |
| 2026-10-13 | 57.7% | 254,739 | 441,581 |
| 2026-10-12 | 36.4% | 89,726 | 246,219 |
| 2026-10-09 | 26.3% | 98,763 | 375,045 |
| 2026-10-08 | 44.3% | 188,463 | 425,013 |
| 2026-10-07 | 44.5% | 313,580 | 703,914 |
| 2026-10-06 | 46.0% | 138,827 | 302,097 |
| 2026-10-05 | 40.5% | 120,762 | 297,870 |
| 2026-10-02 | 38.8% | 124,589 | 321,081 |
A daily flow measure from FINRA, not short interest.
Seasonality
Average return by calendar month| Month | Avg return | Up years | Years |
|---|---|---|---|
| Jan | +2.0% | 62% | 13 |
| Feb | +0.8% | 46% | 13 |
| Mar | −1.0% | 46% | 13 |
| Apr | +2.0% | 75% | 12 |
| May | +0.4% | 67% | 12 |
| Jun | +2.4% | 67% | 12 |
| Jul | +2.3% | 50% | 12 |
| Aug | −0.1% | 50% | 12 |
| Sep | −0.4% | 42% | 12 |
| Oct | +1.4% | 33% | 12 |
| Nov | +2.1% | 85% | 13 |
| Dec | −0.5% | 46% | 13 |
History, not a forecast.
Indicators
as of 2026-10-16RSI 1456.6
MFI55.1
ADX17.5
Stochastic %K / %D83.1 / 75.0
Williams %R-9.3
CCI117
TSI / signal-2.8 / -7.0
Chaikin money flow0.06
ATR$3.61
Bollinger width5.7%
Volume vs 20-day avg0.90x
SupertrendDown
Moving averages and bands
level (price vs level)SMA 20$153.23 (+2.2%)
SMA 50$156.50 (+0.0%)
SMA 200$149.80 (+4.5%)
EMA 21$153.50 (+2.0%)
EMA 50$153.33 (+2.1%)
EMA 200$150.65 (+3.9%)
Bollinger upper$157.63 (−0.7%)
Bollinger lower$148.83 (+5.2%)
Parabolic SAR$142.29 (+10.0%)
Open the live chart, 110+ indicatorsAbout Allegion plc
Allegion plc engages in the provision of security products and solutions worldwide. It is operating through two segments: Allegion Americas and Allegion International. The company offers door controls, door control system, and exit devices; doors, glass and door systems, and accessories; electronic security products and access control systems, including time, attendance, and workforce productivity; and locks, locksets, portable locks, and key systems. It also provides services and software, such as inspection, maintenance, and repair services for its automatic entrance solutions; software as a service, including access control, platform integration, and workforce management solutions; and ongoing aftermarket services, and design and installation offerings. In addition, the company sells its products and solutions to end-users in commercial, institutional, and residential facilities, including education, healthcare, government, hospitality, retail, commercial office, and single and multi-family residential markets under the CISA, Interflex, LCN, Schlage, SimonsVoss, and Von Duprin brands. It sells its products and solutions through distribution and retail channels, such as specialty distribution, e-commerce, and wholesalers, as well as through various retail channels comprising do-it-yourself home improvement centers, online and e-commerce platforms, and small specialty showroom outlets. Allegion plc was incorporated in 2013 and is based in Dublin, Ireland.
https://www.allegion.com
Key executives
| Name | Title | Pay | Born |
|---|---|---|---|
| John H. Stone | President, Chief Executive Officer & Director | $3.1M | 1971 |
| Michael Wagnes | Senior Vice President & Chief Financial Officer | $1.5M | 1974 |
| Joseph C. Blasko BSFS | Senior Vice President & General Counsel | $1.3M | 1967 |
| Timothy Eckersley | SVP & President of International | $1.3M | 1962 |
| David S. Ilardi | Senior VP & President of Allegion Americas | $1.3M | 1979 |
| Jennifer L. Hawes | Senior Vice President & Chief Human Resources Officer | — | 1982 |
| Joshua Charles Pokrzywinski | Vice President of Investor Relations | — | — |
| Nickolas A. Musial | Vice President, Controller, Chief Accounting Officer & Treasurer | — | 1981 |
Executive pay, latest proxy
| Executive | Year | Salary | Stock awards | Incentive | Total |
|---|---|---|---|---|---|
| John H. Stone President and CEO | 2025 | $1.1M | $4.6M | $1.9M | $9.2M |
| Michael J. Wagnes Senior Vice President and CFO | 2025 | $619,923 | $1.2M | $732,464 | $3.1M |
| Timothy P. Eckersley President, International | 2025 | $592,385 | $727,727 | $593,460 | $2.8M |
| David S. Ilardi Senior Vice President, Allegion Americas | 2025 | $568,654 | $727,727 | $616,302 | $2.2M |
| Joseph C. Blasko Senior Vice President and General Counsel | 2025 | $296,154 | $671,281 | $236,250 | $2.0M |
Employees
Dividends
| Ex-date | Amount | Paid |
|---|---|---|
| 2026-09-15 | $0.55 | 2026-09-30 |
| 2026-06-15 | $0.55 | 2026-06-30 |
| 2026-03-13 | $0.55 | 2026-03-31 |
| 2025-12-16 | $0.51 | 2025-12-31 |
| 2025-09-15 | $0.51 | 2025-09-30 |
| 2025-06-13 | $0.51 | 2025-06-30 |
| 2025-03-14 | $0.51 | 2025-03-31 |
| 2024-12-17 | $0.48 | 2024-12-31 |
Moat model
Narrow · Efficient Scale · 2026-06-30Cost advantage80
Intangibles48
Switching costs70
Network effect55
Efficient scale95
Our component scores (0-100) and overall 68.0; a model of the business, not a call on the stock.
InsiderStreet reports findings from filings and market data. Nothing on this page is a recommendation to buy or sell.Every figure is computed in code · data as of 2026-10-17