ALLENYSEServices-Detective, Guard & Armored Car ServicesFiscal year ends December 31
Allegion plc
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Oct 22, 2026
$155.44−1.10 (-0.70%)
Close on Oct 19, 2026
- Market cap
- $13.37B
- P/E (TTM)
- 20.9
- Dividend yield
- 1.31%
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
45.2%+1.9 pts over 5 years
Operating margin
21.1%+6.3 pts over 5 years
Net margin
15.8%+4.3 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +7.8% | +7.5% | +8.4% | +7.0% | |
| Gross profit | +10.2% | +11.6% | +9.3% | +7.8% | |
| Operating income | +10.1% | +13.6% | +16.3% | +9.1% | |
| Net income | +7.7% | +12.0% | +15.4% | +15.4% | |
| EPS, diluted | +9.1% | +12.8% | +17.0% | +16.7% | |
| Free cash flow | +17.6% | +20.1% | +9.1% | +11.9% | |
| Dividend per share | +6.3% | +7.5% | +9.8% | +17.7% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 329.9% | 39.6% | – | |
| Return on assets | 10.2% | 10.4% | 13.3% | |
| Current ratio | 1.93 | 2.20 | 1.84 | |
| Debt to equity | 12.92 | 1.72 | – | |
| Net debt to EBITDA | 2.32× | 1.97× | 1.64× | |
| Interest coverage | 6.8× | 7.9× | 8.5× | |
| Inventory turnover | 5.9× | 5.6× | 4.7× | |
| Capex to revenue | 1.9% | 1.7% | 2.4% | |
| Diluted shares | 97M | 93M | 87M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Allegion generated $3.01B from operations and spent $1.99B on capital expenditure, dividends and share buybacks. 19% of that went back into the business.
Generated
$3.01B
Used
$1.99B
Capital expenditure$383.80M19%Dividends$773.90M39%Share buybacks$833.70M42%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin14.8%
×Asset turnover0.88×
×Equity multiplier3.67×
=Return on equity, FY202347.8%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2023 | 14.8% | 0.88× | 3.67× | 47.8% |
| FY2022 | 14.0% | 0.93× | 4.14× | 53.9% |
| FY2021 | 16.8% | 0.94× | 3.85× | 60.8% |
| FY2020 | 11.6% | 0.90× | 3.80× | 39.6% |
| FY2019 | 14.1% | 0.99× | 4.10× | 57.1% |
| FY2018 | 15.9% | 1.02× | 5.08× | 82.6% |
| FY2017 | 11.3% | 1.01× | 9.30× | 106.2% |
| FY2016 | 10.2% | 0.99× | 32.47× | 329.9% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
8of 9 tests passed in fiscal 2025. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero$643.80M
- Cash generatingOperating cash flow above zero$783.80M
- Return on assets improvedROA up on the prior year13.9% → 14.3%
- Earnings backed by cashOperating cash flow above net income$783.80M vs $643.80M
- Less leverageLong-term debt to assets fell44.1% → 37.9%
- Better liquidityCurrent ratio rose2.04 → 1.84
- No dilutionShare count did not rise88M → 87M
- Gross margin improvedGross margin up on the prior year44.23% → 45.20%
- More efficientAsset turnover rose0.87 → 0.91