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Allegion ALLE Accrued Expenses

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Other financials

Income statement

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Revenue$1.2B+12.7%
Gross profit$517.5M+10.9%
Operating income$254.7M+15.9%
Net income$184.6M+15.6%
EPS (diluted)$2.15+16.2%

Balance sheet

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Cash & equivalents$320.6M-51.2%
Total debt$2.2B-0.4%
Total equity$2.1B+18.6%
Total assets$5.4B+9.1%

Cash flow

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Operating cash flow$198.4M-5.4%
CapEx$17.9M+1.1%
Free cash flow$180.5M-6.0%

Valuation

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Market cap$14.35B+1.6%
Enterprise value$16.25B+3.5%
P/E21.8×-0.8×
P/S3.4×-0.3×

Profitability

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Gross margin44.8%0.0pp
Operating margin20.8%-0.2pp
Net margin15.4%-0.8pp
FCF margin15.6%-2.0pp

Returns & leverage

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Return on equity33.7%-5.3pp
Debt / equity-0.2×
Current ratio1.9×-0.4×

Where this comes from

Reported directly by Allegion in its filing.

Tagged under the XBRL concept us-gaap:AccrualForEnvironmentalLossContingencies.

The source filing: Allegion’s 10-Q, filed July 23, 2026.

Filed
Jul 23, 2026, 6:06 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001579241-26-000028

As of June 30, 2026 and December 31, 2025, the Company had reserves for environmental matters of $21.9 million and $22.7 million, respectively. The total reserve at June 30, 2026 and December 31, 2025, included $9.1 million and $9.3 million, respectively, related to remediation of sites previously disposed by the Company. Environmental reserves are classified as Accrued expenses and other current liabilities or Other noncurrent liabilities within the Condensed and Consolidated Balance Sheets based on the timing of their expected future payment. The Company’s total current environmental reserve at June 30, 2026 and December 31, 2025, was $5.7 million and $6.0 million, respectively, and the remainder was classified as noncurrent. Expenses related to environmental remediation were not material during the six months ended June 30, 2026 or 2025. Given the evolving nature of environmental laws, regulations and technology, the ultimate cost of future environmental remediation is uncertain.

Item 1 – Financial Statements

FAQ

What is Allegion's accrued expenses?
Allegion (ALLE) reported accrued expenses of $21.9M in Q2 2026.
How has Allegion's accrued expenses changed year-over-year?
Allegion's accrued expenses decreased by 7.6% year-over-year, from $23.7M to $21.9M.
What is the long-term trend for Allegion's accrued expenses?
Over 5 years (2020 to 2025), Allegion's accrued expenses has grown at a -23.4% compound annual growth rate (CAGR), from $86.1M to $22.7M.
What does accrued expenses mean?
Expenses incurred but not yet paid or invoiced — interest accruals, tax accruals, warranty reserves, and other timing differences.

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