Allegion plc
Rank #182HypergrowthALLE · NYSE · Industrials
Allegion plc (ALLE) — Rank #182 by gross profitability (GP/assets 0.34) · ROE 30.4% · Piotroski F-Score 7 / 9.
As-of 2026-09-15 · CIK 0001579241 · all metrics point-in-time as of the filing date.
About
Allegion plc engages in the provision of security products and solutions worldwide.
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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.
- Industry
- Security & Protection Services
- Sector
- Industrials
- State
- L2
- Filer Category
- Large accelerated filer
- Fiscal Year End
- December 31
- Website
- allegion.com
Price History
Company Snapshot
P/S is the primary valuation lens — earnings are reinvested, not available for P/E.
Market Cap
$13.09B
P/E (annual)
20.7
P/S (annual)
3.2
P/B
6.2
P/OCF (annual)
16.7
Shareholder Yield
12.0%
Employees
13,300
Industry
Security & Protection Services
Exchange
NYSE
Signal Flags
Quality Profile
Profitability
1/1 passSafety
1/1 passCash Flow
3/3 passGrowth
2/2 passTerry Smith quality gate
Passes 2/5 Terry Smith thresholdsWhat Growth Is Priced In
Implied revenue growth (10Y)
7.3%
The annual FCF growth rate today's price requires over a 10-year horizon (discount rate 10%, terminal growth 2.5%).
Buyback tailwind: -10.6% — per-share value needs a total required return of -3.3% once share-count change is priced in.
vs. own 6-year median revenue growth: 14.6%
within its own historyCost-of-equity sensitivity (implied growth at different discount rates)
r = 8%
3.0%
r = 10% (base)
7.3%
r = 12%
11.0%
Net debt / market cap: 12.6%
Valuation History
Current multiple vs historical range at each filing date. Band spans 25th-75th percentile.
P / E
Price / diluted EPS
P / S
Price / revenue per share
P / B
Price / book value per share
P / GP
Price / gross profit per share
P / FCF
Price / free cash flow per share
Earnings bubble check
Current margins may be above sustainable levels — a P/E based on peak earnings can overstate cheapness.
Disclosure regression check
A previously-disclosed line item is no longer reported. Worth checking the filing for why.
Revenue growth and the path to profitability (margin trend) are the primary reads at this stage.
Profitability
Gross profitability (GP / assets)
0.34
Primary signal (Novy-Marx).
41st pctl of 98 SIC 73 peers
Return on equity
30.4%
Gross margin
45.2%
26th pctl of 97 SIC 73 peers
Revenue growth (YoY)
81.7%
Gross margin improving
Margin trend vs prior year.
Operating Leverage
| 2017 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|
| Revenue vs COGS | ||||
| Revenue vs OpEx | ||||
| Op. Income vs Revenue |
Growth
Revenue CAGR (3Y)
7.5%
Revenue CAGR (5Y)
8.4%
Earnings CAGR (3Y)
12.0%
FCF CAGR (3Y)
20.1%
Anti-fragile safety
Balance-sheet safety
Composite anti-fragile check.
Debt / equity
1.53
9th pctl of 87 SIC 73 peers (best = lowest)
Current ratio
1.93×
55th pctl of 97 SIC 73 peers
Quick ratio
1.18×
Net cash
-$1.67B
Cash & equivalents minus total debt.
Cash-flow health
Free cash flow
$685.70M
Operating cash flow minus capex.
Positive free cash flow
FCF / net income
0.07
Cash-backing of earnings.
FCF/NI divergence
Unfavorable divergence (yellow flag).
Accruals healthy
Cash-backed earnings.
SBC / revenue
0.7%
Stock-based comp intensity.
Dividend safety
Composite score
4.5 / 5
Piotroski F-Score
F-Score
7 / 9
Fundamental-strength score (0-9).