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CompareEarnings: May 31, 2026

Allegion plc

Exchange: NYSESector: IndustrialsIndustry: Security & Protection Services

Allegion plc is a global provider of security products and solutions. The Company offers a portfolio of mechanical and electronic security products across a range of brands. The Company operates in three geographic regions: Americas; Europe, Middle East, India and Africa (EMEIA), and Asia Pacific. As of November 15, 2013, the Company was selling its security products and solutions under 23 brands in 120 countries, including Schlage, Von Duprin, LCN, CISA and Interflex. It sell a range of security products and solutions for end-users in commercial, institutional and residential facilities worldwide, including into the education, healthcare, government, commercial office and single- and multi-family residential markets. In April 2014, the Company acquired Fire & Security Hardware Pty Ltd.

Did you know?

Net income compounded at 8.2% annually over 6 years.

Current Price

$141.06

-2.15%

GoodMoat Value

$186.26

32.0% undervalued
Profile
Valuation (TTM)
Market Cap$12.14B
P/E18.85
EV$13.98B
P/B5.87
Shares Out86.03M
P/Sales2.98
Revenue$4.07B
EV/EBITDA13.72

Allegion plc (ALLE) Company Profile

GoodMoat Analysis

Based on data as of March 26, 2026

Allegion is a durable, profitable business with a strong brand and high switching costs in the security hardware market, earning an impressive 31.1% ROE. However, its moderate growth and significant debt level are key considerations for value investors.

Read full analysis
Allegion plc manufactures mechanical and electronic security products, primarily doors, locks, and access control systems. Its customers are commercial building owners, educational and healthcare institutions, and residential end-users, with brands like Schlage, Von Duprin, and LCN being industry standards. Using the GoodMoat framework, the company's primary protections are Switching Costs (its products are mission-critical and integrated into building infrastructure, making replacement difficult) and Brand & Culture (its brands are deeply trusted in the security niche). It also benefits from Niche Dominance in specific segments like exit devices. The company shows quality fundamentals with a high ROE of 31.1% and a solid operating margin of 21.1%. However, investors must watch for Red Flags. The Debt/Equity ratio of 0.96, while common in industrials, indicates a reliance on leverage that could pressure cash flow in a downturn. Furthermore, the 9.3% YoY revenue growth is healthy but not explosive, suggesting the business is mature. A value investor might be interested in its consistent profitability and cash generation, evidenced by a 5.4% FCF yield, but would need to weigh these strengths against the cyclical risks tied to construction and the company's debt load. Analysis based on data as of 2024-05-15.

ALLE Company Information

Allegion plc is a global provider of security products and solutions. The Company offers a portfolio of mechanical and electronic security products across a range of brands. The Company operates in three geographic regions: Americas; Europe, Middle East, India and Africa (EMEIA), and Asia Pacific. As of November 15, 2013, the Company was selling its security products and solutions under 23 brands in 120 countries, including Schlage, Von Duprin, LCN, CISA and Interflex.

It sell a range of security products and solutions for end-users in commercial, institutional and residential facilities worldwide, including into the education, healthcare, government, commercial office and single- and multi-family residential markets. In April 2014, the Company acquired Fire & Security Hardware Pty Ltd.

Sector

Industrials

Industry

Security & Protection Services

Exchange

NYSE

Country

Ireland

ALLE Key Officers

Key officers data coming soon

ALLE Company Profile

Allegion plc (ALLE) is a Industrials company in the Security & Protection Services industry, listed on NYSE. Headquartered in Ireland.

Allegion plc is a global provider of security products and solutions. The Company offers a portfolio of mechanical and electronic security products across a range of brands. The Company operates in three geographic regions: Americas; Europe, Middle East, India and Africa (EMEIA), and Asia Pacific. As of November 15, 2013, the Company was selling its security products and solutions under 23 brands in 120 countries, including Schlage, Von Duprin, LCN, CISA and Interflex. It sell a range of security products and solutions for end-users in commercial, institutional and residential facilities worldwide, including into the education, healthcare, government, commercial office and single- and multi-family residential markets. In April 2014, the Company acquired Fire & Security Hardware Pty Ltd.

Market capitalization: $12.14B. Shares outstanding: 86.0M. Dividend yield: 1.44%.

View the complete company profile for Allegion plc on GoodMoat, including key officers, financial metrics, sector classification, and investment analysis tools. Use the profile alongside GoodMoat's DCF calculator, fair value models, and quality score to evaluate whether ALLE is a sound investment opportunity.