Allegion (ALLE) Research | Aerarium Research

Forward Estimates

EPS Estimates

Current Qtr

$2.21

$2.15$2.25

vs $2.04+8.5%

11 analysts

Next Qtr

$2.48

$2.40$2.53

vs $2.30+8.0%

11 analysts

Current Yr

$8.77

$8.69$8.95

vs $8.14+7.7%

13 analysts

Next Yr

$9.53

$9.18$10.30

vs $8.77+8.7%

13 analysts

Revenue Estimates

Current Qtr

$1.11B

$1.09B$1.14B

vs $1.02B+9.1%

9 analysts

Next Qtr

$1.14B

$1.13B$1.15B

vs $1.07B+6.3%

9 analysts

Current Yr

$4.38B

$4.33B$4.42B

vs $4.07B+7.6%

12 analysts

Next Yr

$4.58B

$4.50B$4.67B

vs $4.38B+4.7%

12 analysts

SEC filings →

View all 10-K, 10-Q, and 8-K filings for ALLE on EDGAR.

ALLE filing events and research context
Filed	Item	Context
Feb 17, 2026	business	Allegion plc is a global provider of security products and solutions, generating $4,067.3 million in net revenues and $859.5 million in operating income for the year ended December 31, 2025. The company serves commercial, institutional, and residential markets through a diverse portfolio of brands, including Schlage, Von Duprin, LCN, and Stanley Access Technologies. Key product offerings span mechanical and electronic locks, exit devices, automatic door operators, and SaaS-based access control and workforce management solutions. Allegion is strategically pivoting toward high-growth trends, specifically the adoption of electromechanical products, mobile credentials, and interconnected digital environments. To accelerate this transition, the company utilizes Allegion Ventures to invest in artificial intelligence, machine learning, and cybersecurity. The global security market is highly fragmented, with Assa Abloy AB and dormakaba Group serving as the primary global competitors. Allegion employs a region-of-use manufacturing strategy across 37 facilities to optimize delivery and efficiency. Distribution is primarily managed through specialty wholesalers and retail channels, including DIY home improvement centers. Operational success depends on managing raw material costs for steel, zinc, and brass, while navigating diverse local regulatory requirements across North America, Europe, Asia, and Oceania.
Feb 17, 2026	mda	Allegion achieved 7.8% revenue growth in 2025, reaching $4.07 billion, with operating margins expanding to 21.1%. Growth was primarily driven by pricing and strategic acquisitions, including the July 2025 purchase of Germany-based ELATEC. The company is prioritizing electronic security products as a long-term growth driver, with Americas electronic sales increasing in the low-double digits, offsetting low-single digit declines in residential product volumes. In the Americas segment, non-residential products grew in the high-single digits. Allegion International revenue rose 11.7%, though this was largely attributed to acquisitions and favorable currency movements rather than volume. A significant operational risk involves U.S. tariffs on imports, which the company has mitigated through pricing actions; currently, 20-25% of cost of goods sold is sourced from Mexico and less than 5% from China. To support growth and liquidity, Allegion increased its unsecured revolving credit facility to $1.0 billion and maintains total debt of approximately $1.98 billion. The company continues to return value to shareholders through dividends and share repurchases, paying $175.3 million in dividends during 2025. Management remains focused on expanding mechanical and electronic portfolios and adding complementary software and services.
Feb 17, 2026	risk_factors	Allegion faces significant risks related to global trade and macroeconomic volatility. A primary concern is the impact of U.S. government tariffs on imports, as the company sources 20-25% of its cost of goods sold from Mexico and smaller portions from China and other non-U.S. countries. While pricing actions have been used to offset inflation, tariffs continue to threaten margins and future demand. The company is also exposed to price volatility for critical raw materials, specifically steel, zinc, brass, and other non-ferrous metals. Financial risks include foreign currency exchange fluctuations across global operations and interest rate volatility affecting its $1.0 billion unsecured revolving credit facility. Strategically, Allegion must navigate disruptive technologies and intense competition to protect market share in its electronic security portfolio, a primary long-term growth driver. Furthermore, the company's substantial goodwill and intangible assets are vulnerable to impairment should there be significant declines in market growth, pricing pressures, or severe supply chain disruptions. These factors, combined with mixed macroeconomic conditions in international markets, create ongoing uncertainty for the company's revenue and operating margins.

Filed

Item

Context

Feb 17, 2026

business

Allegion plc is a global provider of security products and solutions, generating $4,067.3 million in net revenues and $859.5 million in operating income for the year ended December 31, 2025. The company serves commercial, institutional, and residential markets through a diverse portfolio of brands, including Schlage, Von Duprin, LCN, and Stanley Access Technologies. Key product offerings span mechanical and electronic locks, exit devices, automatic door operators, and SaaS-based access control and workforce management solutions. Allegion is strategically pivoting toward high-growth trends, specifically the adoption of electromechanical products, mobile credentials, and interconnected digital environments. To accelerate this transition, the company utilizes Allegion Ventures to invest in artificial intelligence, machine learning, and cybersecurity. The global security market is highly fragmented, with Assa Abloy AB and dormakaba Group serving as the primary global competitors. Allegion employs a region-of-use manufacturing strategy across 37 facilities to optimize delivery and efficiency. Distribution is primarily managed through specialty wholesalers and retail channels, including DIY home improvement centers. Operational success depends on managing raw material costs for steel, zinc, and brass, while navigating diverse local regulatory requirements across North America, Europe, Asia, and Oceania.

Feb 17, 2026

mda

Allegion achieved 7.8% revenue growth in 2025, reaching $4.07 billion, with operating margins expanding to 21.1%. Growth was primarily driven by pricing and strategic acquisitions, including the July 2025 purchase of Germany-based ELATEC. The company is prioritizing electronic security products as a long-term growth driver, with Americas electronic sales increasing in the low-double digits, offsetting low-single digit declines in residential product volumes. In the Americas segment, non-residential products grew in the high-single digits. Allegion International revenue rose 11.7%, though this was largely attributed to acquisitions and favorable currency movements rather than volume. A significant operational risk involves U.S. tariffs on imports, which the company has mitigated through pricing actions; currently, 20-25% of cost of goods sold is sourced from Mexico and less than 5% from China. To support growth and liquidity, Allegion increased its unsecured revolving credit facility to $1.0 billion and maintains total debt of approximately $1.98 billion. The company continues to return value to shareholders through dividends and share repurchases, paying $175.3 million in dividends during 2025. Management remains focused on expanding mechanical and electronic portfolios and adding complementary software and services.

Feb 17, 2026

risk_factors

Allegion faces significant risks related to global trade and macroeconomic volatility. A primary concern is the impact of U.S. government tariffs on imports, as the company sources 20-25% of its cost of goods sold from Mexico and smaller portions from China and other non-U.S. countries. While pricing actions have been used to offset inflation, tariffs continue to threaten margins and future demand. The company is also exposed to price volatility for critical raw materials, specifically steel, zinc, brass, and other non-ferrous metals. Financial risks include foreign currency exchange fluctuations across global operations and interest rate volatility affecting its $1.0 billion unsecured revolving credit facility. Strategically, Allegion must navigate disruptive technologies and intense competition to protect market share in its electronic security portfolio, a primary long-term growth driver. Furthermore, the company's substantial goodwill and intangible assets are vulnerable to impairment should there be significant declines in market growth, pricing pressures, or severe supply chain disruptions. These factors, combined with mixed macroeconomic conditions in international markets, create ongoing uncertainty for the company's revenue and operating margins.

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ALLE filing events and research context

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