Allegion plc is an American Irish-domiciled provider of security products for homes and businesses. Though it comprises thirty-one global brands, including CISA, Interflex, LCN, Schlage and Von Duprin, the company operates through two main sections: Allegion International and Allegion Americas. The company employs around 12,000 people, sells its products in more than 130 countries across the world and in 2022 generated revenues of US$3.27 billion.3 Its chief executive is John H. Stone (since 2022).1Wikipedia text CC BY-SA 4.0
$155.56up 3.06 (2.00%)Price as of Oct 15, 2026 at 17:33 UTC
Revenue1112131410$4.1B in 2025+43% since 2019Operating income1112131410$859.5M in 2025+52% since 2019Net income1112131410$643.8M in 2025+60% since 2019
Revenue1516$1.2B in Q2 FY2026+11% since Q1 FY2026Operating income1516$254.7M in Q2 FY2026+30% since Q1 FY2026Net income1516$184.6M in Q2 FY2026+34% since Q1 FY2026
Every line of the income statement as filed: the last 3 fiscal years, latest first.10
Period ending
2025-12-31
2024-12-31
2023-12-31
Net revenues
$4.1B
$3.8B
$3.7B
Cost of goods sold
$2.2B
$2.1B
$2.1B
Selling and administrative expenses
$978.8M
$887.8M
$865.6M
Impairment of intangible assets
$0
$0
$7.5M
Operating income
$859.5M
$780.7M
$708.4M
Interest expense
$101.0M
$102.0M
$93.1M
Other income, net
-$9.9M
-$20.1M
-$1.9M
Earnings before income taxes
$768.4M
$698.8M
$617.2M
Provision for income taxes
$124.6M
$101.3M
$76.6M
Net earnings
$643.8M
$597.5M
$540.6M
Less: Net earnings attributable to noncontrolling interests
$0
$0
$200.0K
Net earnings attributable to Allegion plc
$643.8M
$597.5M
$540.4M
Currency translation
$130.2M
-$74.2M
$33.6M
Unrealized net (losses) gains arising during period
-$1.9M
$2.7M
$400.0K
Net gains reclassified into earnings
-$1.1M
-$700.0K
-$1.4M
Tax benefit (expense)
$600.0K
-$700.0K
$500.0K
Total cash flow hedges, net of tax
-$2.4M
$1.3M
-$500.0K
Prior service costs and net actuarial gains (losses), net
$2.6M
-$4.4M
-$9.4M
Amortization reclassified into earnings
$5.2M
$4.6M
$4.1M
Settlements/curtailments reclassified into earnings
$0
$100.0K
$400.0K
Currency translation and other
-$7.7M
$2.9M
-$5.4M
Tax (expense) benefit
-$1.9M
-$400.0K
$1.5M
Total defined benefit plan adjustments, net of tax
-$1.8M
$2.8M
-$8.8M
Other comprehensive income (loss), net of tax
$126.0M
-$70.1M
$24.3M
Total comprehensive income, net of tax
$769.8M
$527.4M
$564.9M
Less: Total comprehensive income attributable to noncontrolling interests
$0
$0
$200.0K
Total comprehensive income attributable to Allegion plc
$769.8M
$527.4M
$564.7M
Net earnings (in dollars per share)
$7.48
$6.85
$6.15
Net earnings (in dollars per share)
$7.44
$6.82
$6.12
No quarter-by-quarter statement was filed.
Total assets1112131410$5.2B in 2025+76% since 2019Total liabilities171112131410$3.2B in 2025+43% since 2019Shareholders’ equity1711121310$2.1B in 2025+173% since 2019Cash171112131410$356.2M in 2025+0% since 2019Long-term debt171112131410$2.0B in 2025+39% since 2019
Total assets1516$5.4B in Q2 FY2026+3% since Q1 FY2025Total liabilities1516$3.2B in Q2 FY2026+3% since Q1 FY2025Shareholders’ equity1516$2.1B in Q2 FY2026+2% since Q1 FY2025Cash1516$320.6M in Q2 FY2026−10% since Q1 FY2025Long-term debt1516$2.0B in Q2 FY2026+3% since Q1 FY2025
Every line of the balance sheet as filed: the last 4 fiscal years (annual) or 4 quarters (quarterly), latest first.10
Period ending
2025-12-31
2024-12-31
2023-12-31
2022-12-31
Cash and cash equivalents
$356.2M
$503.8M
Accounts and notes receivable, net
$437.7M
$418.9M
Inventories
$519.0M
$423.0M
Current tax receivable
$30.0M
$29.8M
Other current assets
$48.9M
$46.8M
Total current assets
$1.4B
$1.4B
Property, plant and equipment, net
$444.6M
$385.3M
Goodwill
$1.9B
$1.5B
$1.4B
Intangible assets, net
$826.0M
$569.0M
Deferred and noncurrent income taxes
$321.8M
$331.4M
Other noncurrent assets
$327.1M
$290.4M
Total assets
$5.2B
$4.5B
$4.3B
Accounts payable
$244.8M
$258.0M
Accrued compensation and benefits
$152.1M
$117.6M
Accrued expenses and other current liabilities
$324.0M
$275.4M
Current tax payable
$34.3M
$24.0M
Short-term borrowings and current maturities of long-term debt
$200.0K
$21.9M
Total current liabilities
$755.4M
$696.9M
Long-term debt
$2.0B
$2.0B
Postemployment and other benefit liabilities
$44.2M
$39.1M
Deferred and noncurrent income taxes
$165.8M
$97.9M
Other noncurrent liabilities
$210.8M
$175.6M
Total liabilities
$3.2B
$3.0B
Ordinary shares, $0.01 par value (86,066,997 and 86,254,744 shares issued and outstanding at December 31, 2025 and 2024, respectively)
$900.0K
$900.0K
Capital in excess of par value
$34.2M
$0
Retained earnings
$2.2B
$1.8B
Accumulated other comprehensive loss
-$205.6M
-$331.6M
-$261.5M
-$285.8M
Total equity
$2.1B
$1.5B
$1.3B
$944.5M
Total liabilities and equity
$5.2B
$4.5B
Ordinary shares, par value (in dollars per share)
$0.01
Ordinary shares, issued (in shares)
86.1M shares
86.3M shares
Ordinary shares, outstanding (in shares)
86.1M shares
86.3M shares
Period ending
2025-12-31
2024-12-31
2023-12-31
2022-12-31
Cash and cash equivalents
$356.2M
$503.8M
Accounts and notes receivable, net
$437.7M
$418.9M
Inventories
$519.0M
$423.0M
Current tax receivable
$30.0M
$29.8M
Other current assets
$48.9M
$46.8M
Total current assets
$1.4B
$1.4B
Property, plant and equipment, net
$444.6M
$385.3M
Goodwill
$1.9B
$1.5B
$1.4B
Intangible assets, net
$826.0M
$569.0M
Deferred and noncurrent income taxes
$321.8M
$331.4M
Other noncurrent assets
$327.1M
$290.4M
Total assets
$5.2B
$4.5B
$4.3B
Accounts payable
$244.8M
$258.0M
Accrued compensation and benefits
$152.1M
$117.6M
Accrued expenses and other current liabilities
$324.0M
$275.4M
Current tax payable
$34.3M
$24.0M
Short-term borrowings and current maturities of long-term debt
$200.0K
$21.9M
Total current liabilities
$755.4M
$696.9M
Long-term debt
$2.0B
$2.0B
Postemployment and other benefit liabilities
$44.2M
$39.1M
Deferred and noncurrent income taxes
$165.8M
$97.9M
Other noncurrent liabilities
$210.8M
$175.6M
Total liabilities
$3.2B
$3.0B
Ordinary shares, $0.01 par value (86,066,997 and 86,254,744 shares issued and outstanding at December 31, 2025 and 2024, respectively)
$900.0K
$900.0K
Capital in excess of par value
$34.2M
$0
Retained earnings
$2.2B
$1.8B
Accumulated other comprehensive loss
-$205.6M
-$331.6M
-$261.5M
-$285.8M
Total equity
$2.1B
$1.5B
$1.3B
$944.5M
Total liabilities and equity
$5.2B
$4.5B
Ordinary shares, par value (in dollars per share)
$0.01
Ordinary shares, issued (in shares)
86.1M shares
86.3M shares
Ordinary shares, outstanding (in shares)
86.1M shares
86.3M shares
Cash from operations1112131410$783.8M in 2025+61% since 2019Capital spending11121314$92.1M in 2024+40% since 2019Free cash flow1112131410$582.9M in 2024+38% since 2019Dividends paid1812131410$175.3M in 2025Share buybacks1112131410$80.0M in 2025−65% since 2019
Share buybacks1516$120.0M in Q2 FY2026+196% since Q1 FY2026
Every line of the cash flow as filed: the last 3 fiscal years, latest first.10
Period ending
2025-12-31
2024-12-31
2023-12-31
Net earnings
$643.8M
$597.5M
$540.6M
Depreciation and amortization
$133.2M
$119.0M
$111.6M
Impairment of intangible assets
$0
$0
$7.5M
Share-based compensation
$29.8M
$28.2M
$26.4M
Unrealized (gain) loss on investments, net
-$900.0K
$1.0M
$800.0K
Deferred income taxes
-$10.2M
-$44.2M
-$67.7M
Other items
$7.3M
-$2.4M
-$800.0K
Accounts and notes receivable
$23.7M
-$6.7M
-$11.9M
Inventories
-$38.9M
$16.7M
$44.6M
Accounts payable
-$34.4M
$3.6M
-$33.6M
Other assets and liabilities
$30.4M
-$37.7M
-$16.9M
Net cash provided by operating activities
$783.8M
$675.0M
$600.6M
Capital expenditures
-$98.1M
-$92.1M
-$84.2M
Acquisition of and equity investments in businesses, net of cash acquired
-$592.2M
-$137.2M
-$31.7M
Other investing activities, net
$4.8M
$900.0K
-$13.2M
Net cash used in investing activities
-$685.5M
-$228.4M
-$129.1M
Debt repayments
-$216.1M
-$413.3M
-$12.6M
Proceeds from Revolving Facility
$561.9M
$0
$30.0M
Repayments of Revolving Facility
-$371.3M
$0
-$99.0M
Proceeds from issuance of Senior Notes
$0
$400.0M
$0
Repayments of debt, net
-$25.5M
-$13.3M
-$81.6M
Debt financing costs
-$1.4M
-$7.6M
$0
Dividends paid to ordinary shareholders
-$175.3M
-$167.0M
-$158.7M
Proceeds from Stock Options Exercised
$23.6M
$14.7M
$1.3M
Repurchase of ordinary shares
-$80.0M
-$220.0M
-$59.9M
Other financing activities, net
-$8.1M
-$1.3M
$200.0K
Net cash used in financing activities
-$266.7M
-$394.5M
-$298.7M
Effect of exchange rate changes on cash and cash equivalents
$20.8M
-$16.4M
$7.3M
Net (decrease) increase in cash and cash equivalents
Allegion sits at the top of its group. 88 entities, 30 countries on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of Allegion
State Street CorporationFiled SCHEDULE 13G on Allegion, latest Aug 7, 2026 (3 filings since Feb 9, 2022)
Boston PartnersFiled SCHEDULE 13G/A on Allegion, latest Aug 3, 2026 (5 filings since Feb 13, 2024)
Allegion de Mexico, S. de R.L. de C.V. Subsidiary · Mexico
Allegion Denmark A/S Subsidiary · Denmark
Allegion Deutsche Holding GmbH Subsidiary · Germany
Allegion EMEA BV Subsidiary · Belgium
Allegion German Holding I GmbH Subsidiary · Germany
Allegion German Investments GmbH Subsidiary · Germany
Allegion Hardware de Mexico, S. de R.L. de C.V. Subsidiary · Mexico
Allegion Immobilien GmbH Subsidiary · Germany
ALLEGION INDIA PRIVATE LIMITED Subsidiary · Bangalore, India
Allegion International AG Subsidiary · Switzerland
and 62 more
Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; subsidiaries, stakes and holdings from Wikidata (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What Allegion reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
We operate through a broad network of production and assembly facilities, distribution centers, sales offices and engineering centers, across North America, Europe, Asia and Oceania. Our production and assembly facilities for the Allegion Americas business segment are primarily located in the United States, Mexico and Canada, and for the Allegion International business segment primarily in Australia, France, Germany, Italy, the Netherlands, New Zealand, Poland, Spain and the United Kingdom. Our active properties represent approximately 7.7 million square feet, of which approximately 45% is leased.
We own 16 of our 37 production and assembly facilities, with the remaining 21 under long-term lease arrangements. We believe our plants are well maintained, generally in good condition and suitable for the conduct of our business.
Allegion spun off from Ingersoll Rand Plc on 1 December 2013, and became a standalone, publicly traded company. This placed Allegion on the S&P 500, where it replaced JC Penney.
David D. Petratis was announced chairman of the board, chief executive officer and president of the company, in August 2013. As of 2022, John H. Stone became the president and chief executive officer of the company. Petratis remains the chairman of the board until Jan 2, 2023.
Mergers and subsidiaries
On 8 January 2014, Allegion acquired certain assets of Schlage Lock de Colombia S.A., the second largest mechanical lock manufacturer in Colombia, with revenues of US$12 million. The acquisition gave Allegion a 45,000 square foot integrated plant in Bogota, Colombia, and approximately 350 new employees.
On 22 April 2022, Allegion acquired Stanley Access Technologies LLC
In June 2025 Allegion announced they would be acquiring ELATEC, a manufacturer of RFID-based access systems.
In March 2018, the company launched the venture capital fund, Allegion Ventures. The aim is to invest in early stage companies in the sectors security and smart access. The initial funding was $50 million. The following companies are part of the Allegion Ventures Programme:
Conneqtech (GPS Tracking)
iDevices (Smart home devices, exited 2017)
Nuki (Smart lock)
Read the full text
Mint House
Mapped, raised $6.5M Seed II in 2021
Products and services
Allegion manufactures and supplies electronic (including biometric) and mechanical security products to a range of end-users worldwide, including government, healthcare, hospitality, education, commercial, institutional, single and multi-family residential markets.
Nov 14, 2013New chief executive David D. Petratis becomes CEO21
Calendar
Coming up
Oct 22, 2026 · Before the openReports results for the quarter ending Sep/2026 A year earlier it reported $2.30 a share, on Oct 23, 2025.74
When it reported results
Jul 23, 2026Reported quarterly or annual results63
Apr 28, 2026Reported quarterly or annual results65
Feb 17, 2026Reported quarterly or annual results67
Oct 23, 2025Reported quarterly or annual results69
Jul 24, 2025Reported quarterly or annual results70
Apr 24, 2025Reported quarterly or annual results73
Feb 18, 2025Reported quarterly or annual results75
Oct 24, 2024Reported quarterly or annual results76
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
487 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 43 major events, 336 insider forms, 28 large holders, 60 other. The latest 20:
49 open-market trades by officers, directors and large owners since October 2021: 10 buys and 39 sales. Grants, option exercises and gifts are left out.
From the cover page of the 10-K filed Feb 17, 2026 (Section 12(b) of the Exchange Act).19
Risk factors and legal proceedings
The risks Allegion names in Item 1A of its 10-K filed Feb 17, 2026: 36 risks under these headings, as written.19
Economic, Market and Financial Risks
Our business performance is impacted by the strength of the institutional, commercial and residential construction and remodeling markets and global macroeconomic factors.
Increased prices, whether due to inflationary pressures or other factors, could negatively impact our margin performance and our financial results.
Our global operations subject us to political, economic and regulatory risks, including uncertainty related to the imposition of new or increased tariffs and the global trade environment more generally.
Currency exchange rate fluctuations have had, and may continue to have, an adverse effect on our business, financial condition, results of operations and cash flows.
We may be required to recognize impairment charges for our goodwill, indefinite-lived intangible assets and other long-lived assets.
The capital and credit markets are important to our business.
There are risks associated with our outstanding and future indebtedness.
Strategic and Operational Risks
Increased competition, including from technological developments, could adversely affect our business.
Our growth is dependent, in part, on the development, commercialization and acceptance of new products and services.
Changes in customer and consumer preferences and the inability to maintain beneficial relationships with large customers could adversely affect our business.
The other 26 risks
If our products or solutions fail to meet certification and specification requirements, are defective, cause, or are alleged to have caused, bodily harm or injury, or otherwise fall short of end-users' needs and expectations, our business may be negatively impacted.
Our business and innovation strategies include making acquisitions of, and investments in, external companies. These acquisitions and investments could be unsuccessful, consume significant resources or increase our exposure to cybersecurity, data privacy or other regulatory risks, which could adversely affect our business, financial condition, results of operations and cash flows.
We may pursue business opportunities that diverge from our core business.
Our strategic initiatives, including enterprise excellence efforts among other significant capital expenditure projects, may not achieve the improvements or financial returns we expect.
We may not be able to effectively manage and implement restructuring initiatives or other organizational changes.
The effects of global climate change or other unexpected events, including global health crises, may disrupt our operations and have a negative impact on our business.
We may be subject to risks relating to systems failures or disruptions to our information technology and operational technology systems.
We currently rely on third-party service providers for many of the critical elements of our global information and operational technology infrastructure, and their failure to provide effective support for such infrastructure could increase our cybersecurity risk or otherwise negatively impact our business and financial results.
Cybersecurity incidents could disrupt business operations, result in the loss of critical and confidential information, and adversely impact the Company's reputation, operating results, and financial condition.
We are exposed to risks related to compliance with data privacy and governance laws.
Our ability to successfully grow and expand our business depends on our ability to recruit and retain a highly qualified and diverse workforce.
Disruptions in our global supply chain, including product manufacturing and logistical services provided by our supplier partners, may negatively impact our business.
Legal and Compliance Risks
We are subject to risks related to corporate social responsibility and reputational matters.
Our brands are important assets of our businesses, and violation of our trademark rights by imitators could negatively impact revenues and brand reputation.
Material legal judgments, fines, penalties or settlements imposed against us or our assets could adversely affect our business, financial condition, results of operations and cash flows.
Allegations that we have infringed the intellectual property rights of third parties could negatively affect us.
Our reputation, ability to do business and results of operations could be impaired by improper conduct by any of our employees, agents or business partners.
Our operations are subject to regulatory risks related to domestic and international, environmental, health and safety laws.
As a global business, we have a relatively complex tax structure, and there is a risk that tax authorities will disagree with our tax positions.
We could be subject to changes in tax rates, the adoption of new tax legislation or exposure to additional tax liabilities.
The implementation of global tax reforms could negatively impact our financial results.
Risks Related to Our Incorporation in Ireland
Irish law differs from the laws in effect in the United States and may afford less protection to holders of our securities.
Changes in tax laws, regulations or treaties, changes in our status under the tax laws of many jurisdictions or adverse determinations by taxing authorities could increase our tax burden or otherwise affect our financial condition or operating results, as well as subject our shareholders to additional taxes.
Dividends received by our shareholders may be subject to Irish dividend withholding tax.
Dividends received by our shareholders may be subject to Irish income tax.
Certain provisions in our Memorandum and Articles of Association, among other things, could prevent or delay an acquisition of us, which could decrease the trading price of our ordinary shares.
Legal proceedings
In the normal course of business, we are involved in a variety of lawsuits, claims and legal proceedings, including commercial and contract disputes, employment matters, product liability claims, environmental liabilities, intellectual property disputes and tax-related matters. In our opinion, pending legal matters are not expected to have a material adverse impact on our results of operations, financial condition, liquidity or cash flows.
This item should be read in conjunction with the Risk Factors set forth in Part I. Item 1A of this Form 10-K.