Allegion (ALLE) stock
Industrials · Building Products
Allegion (ALLE) is a Building Products company in the Industrials sector, headquartered in Dublin, Ireland. As of October 23, 2026, ALLE closed at $178.98, a market capitalization of $15.22 billion, the 447th largest company in the S&P 500. Over the last twelve months it generated $4.39 billion in revenue (+10% year over year) and $671.10 million in free cash flow. The stock trades at 22.3x trailing earnings and 17.8x forward earnings.
- 1-year total return: +5.7% (dividends reinvested)
- 5-year return: +7.5% a year
- 52-week range: $125.00 – $183.11
- Gross margin 45.1%, operating margin 24.2%
- Dividend yield: 1.23%, 11 straight years of increases
- FI Handbook report card: B- across 10 metrics
- 75th largest of 83 Industrials stocks in the S&P 500
ALLE price chart
1Y price change: +4.5% (price only; total returns below include dividends)
| Total return | 1M | YTD | 1Y | 3Y | 5Y | 10Y | MAX |
|---|---|---|---|---|---|---|---|
| ALLE | +16.2% | +13.7% | +5.7% | +24.3% | +7.5% | +11.6% | +11.8% |
Dividends reinvested. 3Y and longer are annualized; MAX is annualized since 2013.
ALLE key statistics
- Market cap
- $15.2B
- #447 in S&P 500
- P/E (TTM)
- 22.3x
- Forward P/E
- 17.8x
- EPS (TTM)
- $8.04
- Revenue (TTM)
- $4.4B
- +10%
- Free cash flow
- $671.1M
- Gross margin
- 45.1%
- Operating margin
- 24.2%
- Return on equity
- 33.6%
- Dividend yield
- 1.23%
- 52-week range
- $125.00 – $183.11
- Beta
- 0.82
- Price / sales
- 3.5x
- EV / EBITDA
- 15.4x
- Debt / equity
- 1.02x
- Employees
- 13,300
ALLE report card
B-Ten fundamentals graded A to F against fixed thresholds. Not a buy or sell rating.
- Revenue growth9.6%C
- Gross margin45.1%B
- Operating margin24.2%B
- FCF margin15.3%B
- Return on equity33.6%A
- Net debt / EBITDA1.7xC
- Forward P/E17.8xB
- PEG ratio2.0xD
- Shareholder yield1.8%C
- Share count change / yr-1.4%B
Allegion financials
Revenue went from $2.2B in fiscal 2016 to $4.1B in fiscal 2025, growing 6.9% a year.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.2B | $2.4B | $2.7B | $2.9B | $2.7B | $2.9B | $3.3B | $3.7B | $3.8B | $4.1B |
| Gross profit | $989.7M | $1.1B | $1.2B | $1.3B | $1.2B | $1.2B | $1.3B | $1.6B | $1.7B | $1.8B |
| Operating income | $434.3M | $492.5M | $525.8M | $565.1M | $403.5M | $530.2M | $586.4M | $708.4M | $780.7M | $859.5M |
| Net income | $229.1M | $273.3M | $434.9M | $401.8M | $314.3M | $483.0M | $458.0M | $540.4M | $597.5M | $643.8M |
| EPS (diluted) | $2.36 | $2.85 | $4.54 | $4.26 | $3.39 | $5.34 | $5.19 | $6.12 | $6.82 | $7.44 |
| Free cash flow | $335.0M | $297.9M | $408.7M | $422.6M | $443.2M | $443.2M | $395.5M | $516.4M | $582.9M | $685.7M |
| Buybacks | $85.1M | $60.0M | $67.3M | $226.0M | $208.8M | $412.8M | $61.0M | $59.9M | $220.0M | $80.0M |
| Dividends paid | $0 | $0 | $0 | $0 | $117.3M | $129.0M | $143.9M | $158.7M | $167.0M | $175.3M |
| Diluted shares | 96.9M | 96.0M | 95.7M | 94.3M | 92.8M | 90.5M | 88.3M | 88.3M | 87.6M | 86.6M |
Source: SEC filings (10-K XBRL). EPS and share counts are split-adjusted.
What's priced into ALLE?
A reverse DCF asks what growth the current price requires. With an enterprise value of $17.1B and $671.1M of trailing free cash flow, Allegion needs to grow free cash flow about 16.6% a year for ten years (fading to 3.0% terminal growth) to earn a 10% annual return. For context, free cash flow grew 9.1% a year over the last five years.
P/E ratio history
Current 24.1x vs. median 25.8x (10th–90th percentile 19.9x–43.5x).
A model, not a forecast or advice. Small changes in assumptions move the answer a lot.
ALLE dividend
- Dividend yield
- 1.23%
- Annual dividend
- $2.20
- Years of increases
- 11
- 5-yr dividend growth
- -4.4%
- per year
- Payout ratio
- 27%
- Payments per year
- 4
Regular dividends per share by calendar year; special dividends excluded. Current year omitted until complete.
ALLE analyst price targets
11 analysts' average 12-month target is $190.36 (+6% vs. $178.98). Targets range from $170.00 to $206.00. 64% rate it a buy.
ALLE earnings
Next report: February 16, 2027. Allegion has beaten EPS estimates 2 quarters in a row.
| Report date | EPS estimate | EPS actual | Surprise |
|---|---|---|---|
| Oct 22, 2026 | $2.51 | $2.60 | +3.7% |
| Jul 23, 2026 | $2.22 | $2.40 | +8.3% |
| Apr 28, 2026 | $1.90 | $1.80 | -5.1% |
| Feb 17, 2026 | $1.98 | $1.94 | -2.0% |
| Oct 23, 2025 | $2.24 | $2.30 | +2.5% |
| Jul 24, 2025 | $1.99 | $2.04 | +2.7% |
| Apr 24, 2025 | $1.67 | $1.86 | +11.2% |
| Feb 18, 2025 | $1.75 | $1.86 | +6.3% |
Stocks like ALLE
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|---|---|---|---|---|---|
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ALLE news
- Learn Why The Bull Case For Allegion Stock Could Change Following Raised 2026 Guidance · Oct 24, 2026
- Allegion's Volume Growth Could Drive Re-Rating as Recovery Builds, BofA Says · Oct 23, 2026
- ALLE Q3 deep dive: Americas Non-Residential demand, electronics, and pricing drive margin gains · Oct 23, 2026
- Allegion (ALLE) Lifted Full Year Guidance, Is The Stock Already Pricey? · Oct 23, 2026
- Allegion: 3 Key Takeaways for Long-Term Investors · Oct 23, 2026
ALLE stock FAQ
What is ALLE's market cap?
Allegion's market capitalization is $15.22 billion as of October 23, 2026, ranking 447th in the S&P 500.
What is ALLE's P/E ratio?
ALLE trades at a trailing price-to-earnings ratio of 22.3x and a forward P/E of 17.8x. Its median P/E over the period we track is 25.8x.
Does ALLE pay a dividend?
Yes. Allegion pays $2.20 per share a year, a 1.23% yield. It has raised its dividend 11 years in a row. Dividends fell 4.4% a year over the last five years.
How much has ALLE stock returned?
Including reinvested dividends, ALLE returned +5.7% over one year, +7.5% a year over five years, +11.6% a year over ten years through October 23, 2026.
Is ALLE stock overvalued?
At today's price, a reverse discounted cash flow model (10% discount rate, 3% terminal growth) implies Allegion must grow free cash flow about 17% a year for the next decade. Its free cash flow grew 9% a year over the last five years. Whether that is achievable decides if the stock is cheap or expensive. This is a model, not advice.
What is the ALLE price target?
11 analysts cover ALLE with an average 12-month price target of $190.36, +6% from the current price. 64% of them rate it a buy.
When does ALLE report earnings?
Allegion is expected to report earnings on February 16, 2027. It has beaten EPS estimates 2 quarters in a row.
How many employees does Allegion have?
Allegion has about 13,300 full-time employees, or $330,143 of revenue per employee.
Sources: SEC EDGAR filings, Yahoo Finance market data (delayed), FI Handbook calculations. Last close October 23, 2026. Methodology