Allegion vs A. O. Smith
Allegion and A. O. Smith are similar in size: $4.07bn and $3.83bn of revenue in their latest fiscal years. Allegion grew faster (7.8% against 0.3%). Allegion kept more of each dollar of sales as profit: a net margin of 15.8% against 14.3%. A. O. Smith carries less debt relative to equity (8.3% against 96.3%).
| Latest fiscal year | AllegionALLE, 2025 | A. O. SmithAOS, 2025 |
|---|---|---|
| Revenue | $4.07bn | $3.83bn |
| Revenue growth | 7.8% | 0.3% |
| Net income | $644m | $546m |
| Operating margin | 21.1% | 19.0% |
| Net margin | 15.8% | 14.3% |
| Return on equity | 36.1% | 29.2% |
| Free cash flow | $686m | $546m |
| Cash | $356m | $175m |
| Total debt | $1.99bn | $155m |
| Debt to equity | 96.3% | 8.3% |
| Dividend per share | $2.04 | $1.38 |
| Dividend yield | 1.1% | 2.2% |
| Share buybacks | $80.0m | $401m |
| Employees | 13,300 | 11,500 |
| Market value | $15.99bn | $8.67bn |
| Price vs our value range | Within our value range | Within our value range |
| Moat score | 82 (Strong) | 80 (Strong) |
| Insider trades, 12 months | 5 buys, 11 sales | 0 buys, 2 sales |