Allegion Plc Financials
This page shows Allegion Plc (ALLE) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 14 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
A low-capital-intensity model is turning steady revenue growth into wider margins, stronger cash conversion, and a sturdier capital structure.
Across recent years, free-cash-flow margin rose from14.1% to16.9% even as net margin stayed roughly flat, so the operating engine is sending more profit through to cash without needing a big accounting-margin jump. Because capex was only$98.1M against$783.8M of operating cash flow in the latest year, that conversion looks structural to the model rather than like a temporary cash release.
The balance sheet became less leverage-dependent mainly because profits accumulated in equity and expanded the cushion under liabilities, giving the company more self-funded flexibility. Long-term debt was still about
The margin shape improved at more than one level: gross margin reached
Financial Health Signals
Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Allegion Plc's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Allegion Plc has an operating margin of 21.1%, meaning the company retains $21 of operating profit per $100 of revenue. This strong profitability earns a score of 91/100, reflecting efficient cost management and pricing power. This is up from 20.7% the prior year.
Allegion Plc's revenue grew 7.8% year-over-year to $4.1B, a solid pace of expansion. This earns a growth score of 53/100.
Allegion Plc has a moderate D/E ratio of 0.96. This balance of debt and equity financing earns a leverage score of 35/100.
Allegion Plc's current ratio of 1.84 indicates adequate short-term liquidity, earning a score of 53/100. The company can meet its near-term obligations, though with limited headroom.
Allegion Plc converts 16.9% of revenue into free cash flow ($685.7M). This strong cash generation earns a score of 81/100.
Allegion Plc earns a strong 31.1% return on equity (ROE), meaning it generates $31 of profit for every $100 of shareholders' equity. This efficient capital use earns a returns score of 91/100. This is down from 39.8% the prior year.
Allegion Plc scores 4.55, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($13.0B) relative to total liabilities ($3.2B). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Allegion Plc passes 6 of 9 financial strength tests. 3 of 4 profitability signals pass, 2 of 3 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.
For every $1 of reported earnings, Allegion Plc generates $1.22 in operating cash flow ($783.8M OCF vs $643.8M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Allegion Plc earns $8.5 in operating income for every $1 of interest expense ($859.5M vs $101.0M). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.
Key Financial Metrics
Earnings & Revenue
Allegion Plc generated $4.1B in revenue in fiscal year 2025. This represents an increase of 7.8% from the prior year.
Allegion Plc's EBITDA was $989.2M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 10.3% from the prior year.
Allegion Plc reported $643.8M in net income in fiscal year 2025. This represents an increase of 7.7% from the prior year.
Allegion Plc earned $7.44 per diluted share (EPS) in fiscal year 2025. This represents an increase of 9.1% from the prior year.
Cash & Balance Sheet
Allegion Plc generated $685.7M in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 17.6% from the prior year.
Allegion Plc held $356.2M in cash against $2.0B in long-term debt as of fiscal year 2025.
Allegion Plc paid $2.04 per share in dividends in fiscal year 2025. This represents an increase of 6.3% from the prior year.
Allegion Plc had 86M shares outstanding in fiscal year 2025. This represents a decrease of 0.2% from the prior year.
Margins & Returns
Allegion Plc's gross margin was 45.2% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is up 1.0 percentage points from the prior year.
Allegion Plc's operating margin was 21.1% in fiscal year 2025, reflecting core business profitability. This is up 0.4 percentage points from the prior year.
Allegion Plc's net profit margin was 15.8% in fiscal year 2025, showing the share of revenue converted to profit. This is down 0.0 percentage points from the prior year.
Allegion Plc's ROE was 31.1% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 8.7 percentage points from the prior year.
Capital Allocation
Allegion Plc invested $132.0M in research and development in fiscal year 2025. This represents an increase of 17.1% from the prior year.
Allegion Plc spent $80.0M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 63.6% from the prior year.
Allegion Plc invested $98.1M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 6.5% from the prior year.
ALLE Income Statement
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.2B+11.4% | $1.0B0.0% | $1.0B-3.5% | $1.1B+4.7% | $1.0B+8.5% | $941.9M-0.4% | $945.6M-2.2% | $967.1M |
| Cost of Revenue | $634.0M+9.5% | $579.1M+0.9% | $573.7M-1.2% | $580.4M+4.5% | $555.5M+7.0% | $519.4M-1.8% | $528.9M-1.1% | $535.0M |
| Gross Profit | $517.5M+13.9% | $454.5M-1.1% | $459.5M-6.2% | $489.8M+5.0% | $466.5M+10.4% | $422.5M+1.4% | $416.7M-3.6% | $432.1M |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $262.8M+1.4% | $259.2M+3.7% | $249.9M-2.4% | $256.0M+3.7% | $246.8M+9.2% | $226.1M-2.6% | $232.1M+6.9% | $217.1M |
| Operating Income | $254.7M+30.4% | $195.3M-6.8% | $209.6M-10.4% | $233.8M+6.4% | $219.7M+11.9% | $196.4M+6.4% | $184.6M-14.1% | $215.0M |
| Interest Expense | $24.8M+2.5% | $24.2M-3.6% | $25.1M-5.6% | $26.6M+8.1% | $24.6M-0.4% | $24.7M-2.0% | $25.2M-12.5% | $28.8M |
| Income Tax | $43.3M+29.6% | $33.4M-8.2% | $36.4M+77.6% | $20.5M-49.6% | $40.7M+50.7% | $27.0M+48.4% | $18.2M-10.8% | $20.4M |
| Net Income | $184.6M+33.7% | $138.1M-6.4% | $147.5M-21.7% | $188.4M+18.0% | $159.7M+7.8% | $148.2M+2.8% | $144.1M-17.3% | $174.2M |
| EPS (Diluted) | $2.15+35.2% | $1.59 | N/A | $2.18+17.8% | $1.85+8.2% | $1.71 | N/A | $1.99 |
ALLE Balance Sheet
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $5.4B+0.9% | $5.3B+1.7% | $5.2B0.0% | $5.2B+6.3% | $4.9B+7.7% | $4.6B+1.7% | $4.5B-9.8% | $5.0B |
| Current Assets | $1.5B+5.4% | $1.4B+2.2% | $1.4B-0.8% | $1.4B-16.3% | $1.7B+14.8% | $1.5B+2.8% | $1.4B-23.6% | $1.9B |
| Cash & Equivalents | $320.6M+3.8% | $308.9M-13.3% | $356.2M+17.7% | $302.7M-53.9% | $656.8M+32.8% | $494.5M-1.8% | $503.8M-42.7% | $878.9M |
| Inventory | $541.9M+0.9% | $537.2M+3.5% | $519.0M-1.1% | $524.9M+9.5% | $479.5M+8.1% | $443.6M+4.9% | $423.0M-6.0% | $449.9M |
| Accounts Receivable | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Goodwill | $1.9B-0.3% | $1.9B+1.0% | $1.9B+0.6% | $1.9B+20.8% | $1.6B+4.4% | $1.5B+1.3% | $1.5B-1.1% | $1.5B |
| Total Liabilities | $3.2B+1.0% | $3.2B+1.7% | $3.2B-3.7% | $3.3B+4.8% | $3.1B+5.8% | $3.0B-1.0% | $3.0B-12.2% | $3.4B |
| Current Liabilities | $777.3M+4.2% | $745.8M-1.3% | $755.4M-4.7% | $792.6M+8.8% | $728.5M+8.3% | $672.4M-3.5% | $696.9M-36.2% | $1.1B |
| Long-Term Debt | $2.0B0.0% | $2.0B+2.6% | $2.0B-3.9% | $2.1B+0.8% | $2.0B+3.6% | $2.0B-0.3% | $2.0B-0.3% | $2.0B |
| Total Equity | $2.1B+0.8% | $2.1B+1.6% | $2.1B+6.2% | $1.9B+9.0% | $1.8B+11.2% | $1.6B+7.1% | $1.5B-4.5% | $1.6B |
| Retained Earnings | $2.4B+1.0% | $2.3B+4.0% | $2.2B+4.9% | $2.1B+7.3% | $2.0B+4.7% | $1.9B+3.8% | $1.8B+0.7% | $1.8B |
ALLE Cash Flow Statement
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $198.4M+95.9% | $101.3M-57.8% | $240.1M+4.6% | $229.5M+9.4% | $209.7M+100.7% | $104.5M-52.3% | $219.0M-5.6% | $231.9M |
| Capital Expenditures | $17.9M-14.8% | $21.0M-47.0% | $39.6M+101.0% | $19.7M+11.3% | $17.7M-16.1% | $21.1M-12.4% | $24.1M+21.1% | $19.9M |
| Free Cash Flow | $180.5M+124.8% | $80.3M-60.0% | $200.5M-4.4% | $209.8M+9.3% | $192.0M+130.2% | $83.4M-57.2% | $194.9M-8.1% | $212.0M |
| Investing Cash Flow | -$16.3M+83.2% | -$96.9M-167.7% | -$36.2M+93.6% | -$566.7M-937.9% | -$54.6M-95.0% | -$28.0M+26.7% | -$38.2M-57.9% | -$24.2M |
| Financing Cash Flow | -$169.2M-247.4% | -$48.7M+67.9% | -$151.5M-846.9% | -$16.0M-102.5% | -$7.9M+91.3% | -$91.3M+83.1% | -$541.8M-569.7% | -$80.9M |
| Dividends Paid | $46.6M-1.7% | $47.4M+8.0% | $43.9M+0.7% | $43.6M-1.4% | $44.2M+1.4% | $43.6M+5.3% | $41.4M-1.0% | $41.8M |
| Share Buybacks | $120.0M+195.6% | $40.6M | $0 | $0-100.0% | $40.0M0.0% | $40.0M-60.0% | $100.0M+150.0% | $40.0M |
ALLE Financial Ratios
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 44.9%+1.0pp | 44.0%-0.5pp | 44.5%-1.3pp | 45.8%+0.1pp | 45.6%+0.8pp | 44.9%+0.8pp | 44.1%-0.6pp | 44.7% |
| Operating Margin | 22.1%+3.2pp | 18.9%-1.4pp | 20.3%-1.6pp | 21.9%+0.4pp | 21.5%+0.7pp | 20.8%+1.3pp | 19.5%-2.7pp | 22.2% |
| Net Margin | 16.0%+2.7pp | 13.4%-0.9pp | 14.3%-3.3pp | 17.6%+2.0pp | 15.6%-0.1pp | 15.7%+0.5pp | 15.2%-2.8pp | 18.0% |
| Return on Equity | 8.7%+2.1pp | 6.6%-0.6pp | 7.1%-2.5pp | 9.7%+0.7pp | 8.9%-0.3pp | 9.2%-0.4pp | 9.6%-1.5pp | 11.1% |
| Return on Assets | 3.4%+0.8pp | 2.6%-0.2pp | 2.8%-0.8pp | 3.6%+0.4pp | 3.3%0.0pp | 3.3%+0.0pp | 3.2%-0.3pp | 3.5% |
| Current Ratio | 1.93+0.0 | 1.91+0.1 | 1.84+0.1 | 1.77-0.5 | 2.30+0.1 | 2.17+0.1 | 2.04+0.3 | 1.71 |
| Debt-to-Equity | 0.960.0 | 0.970.0 | 0.96-0.1 | 1.06-0.1 | 1.14-0.1 | 1.23-0.1 | 1.32+0.1 | 1.26 |
| FCF Margin | 15.7%+7.9pp | 7.8%-11.6pp | 19.4%-0.2pp | 19.6%+0.8pp | 18.8%+9.9pp | 8.8%-11.8pp | 20.6%-1.3pp | 21.9% |
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Frequently Asked Questions
What is Allegion Plc's annual revenue?
Allegion Plc (ALLE) reported $4.1B in total revenue for fiscal year 2025. This represents a 7.8% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Allegion Plc's revenue growing?
Allegion Plc (ALLE) revenue grew by 7.8% year-over-year, from $3.8B to $4.1B in fiscal year 2025.
Is Allegion Plc profitable?
Yes, Allegion Plc (ALLE) reported a net income of $643.8M in fiscal year 2025, with a net profit margin of 15.8%.
What is Allegion Plc's EBITDA?
Allegion Plc (ALLE) had EBITDA of $989.2M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Allegion Plc have?
As of fiscal year 2025, Allegion Plc (ALLE) had $356.2M in cash and equivalents against $2.0B in long-term debt.
What is Allegion Plc's gross margin?
Allegion Plc (ALLE) had a gross margin of 45.2% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Allegion Plc's operating margin?
Allegion Plc (ALLE) had an operating margin of 21.1% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Allegion Plc's net profit margin?
Allegion Plc (ALLE) had a net profit margin of 15.8% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
Does Allegion Plc pay dividends?
Yes, Allegion Plc (ALLE) paid $2.04 per share in dividends during fiscal year 2025.
What is Allegion Plc's return on equity (ROE)?
Allegion Plc (ALLE) has a return on equity of 31.1% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Allegion Plc's free cash flow?
Allegion Plc (ALLE) generated $685.7M in free cash flow during fiscal year 2025. This represents a 17.6% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Allegion Plc's operating cash flow?
Allegion Plc (ALLE) generated $783.8M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Allegion Plc's total assets?
Allegion Plc (ALLE) had $5.2B in total assets as of fiscal year 2025, including both current and long-term assets.
What are Allegion Plc's capital expenditures?
Allegion Plc (ALLE) invested $98.1M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
How much does Allegion Plc spend on research and development?
Allegion Plc (ALLE) invested $132.0M in research and development during fiscal year 2025.
What is Allegion Plc's current ratio?
Allegion Plc (ALLE) had a current ratio of 1.84 as of fiscal year 2025, which is generally considered healthy.
What is Allegion Plc's debt-to-equity ratio?
Allegion Plc (ALLE) had a debt-to-equity ratio of 0.96 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Allegion Plc's return on assets (ROA)?
Allegion Plc (ALLE) had a return on assets of 12.3% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Allegion Plc's Altman Z-Score?
Allegion Plc (ALLE) has an Altman Z-Score of 4.55, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Allegion Plc's Piotroski F-Score?
Allegion Plc (ALLE) has a Piotroski F-Score of 6 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Allegion Plc's earnings high quality?
Allegion Plc (ALLE) has an earnings quality ratio of 1.22x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Allegion Plc cover its interest payments?
Allegion Plc (ALLE) has an interest coverage ratio of 8.5x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Allegion Plc?
Allegion Plc (ALLE) scores 67 out of 100 on our Financial Health Score, indicating strong standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.