Allegion income statement
In fiscal 2025, Allegion reported revenue of $4.07bn, up 7.8% on the year before, operating income of $860m (a 21.1% margin) and net income of $644m, or $7.44 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMSept 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2,023 | 2,070 | 2,118 | 2,068 | 2,238 | 2,408 | 2,732 | 2,854 | 2,720 | 2,867 | 3,272 | 3,651 | 3,772 | 4,067 | 4,391 |
| Cost of revenue | 1,198 | 1,208 | 1,265 | 1,199 | 1,248 | 1,335 | 1,558 | 1,602 | 1,541 | 1,663 | 1,950 | 2,069 | 2,104 | 2,229 | 2,411 |
| Gross profit | 826 | 862 | 854 | 869 | 990 | 1,073 | 1,173 | 1,252 | 1,179 | 1,205 | 1,322 | 1,582 | 1,669 | 1,838 | 1,980 |
| Research and development | 38 | 40 | 43 | 45 | 47 | 48 | 54 | 55 | 54 | 73 | 75 | 102 | 113 | 132 | — |
| Selling, general and administrative | 454 | 483 | 527 | 511 | 555 | 580 | 648 | 681 | 636 | 675 | 736 | 866 | 888 | 979 | 1,036 |
| Operating income | 371 | 241 | 326 | 359 | 434 | 493 | 526 | 565 | 404 | 530 | 586 | 708 | 781 | 860 | 944 |
| Interest expense | 2 | 10 | 54 | 53 | 64 | 106 | 54 | 56 | 51 | 50 | 76 | 93 | 102 | 101 | 98 |
| Income before tax | 367 | 223 | 268 | 209 | 295 | 396 | 475 | 475 | 365 | 524 | 515 | 617 | 699 | 768 | 851 |
| Income tax | 137 | 175 | 84 | 55 | 64 | 119 | 40 | 73 | 51 | 41 | 56 | 77 | 101 | 125 | 160 |
| Net income | 220 | 32 | 175 | 154 | 229 | 273 | 435 | 402 | 314 | 483 | 458 | 540 | 598 | 644 | 691 |
| Diluted EPS | $2.29 | $0.34 | $1.80 | $1.59 | $2.36 | $2.85 | $4.54 | $4.26 | $3.39 | $5.34 | $5.19 | $6.12 | $6.82 | $7.44 | $8.02 |
| Diluted shares (average) | 96m | 96m | 97m | 97m | 97m | 96m | 96m | 94m | 93m | 91m | 88m | 88m | 88m | 87m | 86m |
| EBITDA | 425 | 287 | 371 | 407 | 496 | 554 | 608 | 643 | 482 | 609 | 682 | 817 | 897 | 989 | 1,083 |
| Quarter | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 | 2026 Q3Sept 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 946 | 942 | 1,022 | 1,070 | 1,033 | 1,034 | 1,152 | 1,173 |
| Cost of revenue | 529 | 519 | 556 | 580 | 574 | 579 | 634 | 624 |
| Gross profit | 417 | 423 | 467 | 490 | 460 | 455 | 518 | 548 |
| Selling, general and administrative | 232 | 226 | 247 | 256 | 250 | 259 | 263 | 264 |
| Operating income | 185 | 196 | 220 | 234 | 210 | 195 | 255 | 285 |
| Interest expense | 25 | 25 | 25 | 27 | 25 | 24 | 25 | 24 |
| Income before tax | 162 | 175 | 200 | 209 | 184 | 172 | 228 | 268 |
| Income tax | 18 | 27 | 41 | 21 | 36 | 33 | 43 | 47 |
| Net income | 144 | 148 | 160 | 188 | 148 | 138 | 185 | 221 |
| Diluted EPS | $1.66 | $1.71 | $1.85 | $2.18 | $1.71 | $1.59 | $2.15 | $2.59 |
| EBITDA | 212 | 226 | 252 | 271 | 241 | 231 | 290 | 321 |
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