What does US — defined benefit plan net periodic benefit cost mean?

The total net cost of the US pension plan recorded in the company's financial results.

How do you interpret US — defined benefit plan net periodic benefit cost?

A lower net cost improves operating margins and overall profitability.

How does US — defined benefit plan net periodic benefit cost compare across companies?

Key metric for comparing the pension burden across industrial peers.

Allegion ALLE US — Defined Benefit Plan Net Periodic Benefit Cost

Discontinued — last reported Q4 '19

Similar metrics at other companies

BWANon Us — Defined Benefit Plan Net Periodic Benefit Cost

$4M+100%

HASUS — Defined Benefit Plan Service Cost

$325K+0.8%

HASUS — Defined Benefit Plan Accumulated Other Comprehensive Income Net Prior Service Cost Credit Before Tax

$0—

HASUS — Defined Benefit Plan Interest Cost

$3.34M-12.7%

AADefined Benefit Pension Plans Net Periodic Benefit Cost

$6M+20.0%

PPGNon Us — Defined Benefit Plan Service Cost

$2.75M-21.4%

Other financials

Income statement

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Revenue$1.0B+9.7%

Gross profit$454.5M+7.6%

Operating income$195.3M-0.6%

Net income$138.1M-6.8%

EPS (diluted)$1.59-7.0%

Balance sheet

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Cash & equivalents$308.9M-37.5%

Total debt$2.2B+3.6%

Total equity$2.1B+30.8%

Total assets$5.3B+16.4%

Cash flow

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Operating cash flow$101.3M-3.1%

CapEx$21.0M-0.5%

Free cash flow$80.3M-3.7%

Valuation

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Market cap$11.48B+11.2%

Enterprise value$13.39B+11.8%

P/E18.1×+1.5×

P/S2.8×+0.1×

Profitability

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Gross margin45%+0.5pp

Operating margin20.6%-0.4pp

Net margin15.2%-1.0pp

FCF margin16.4%-0.4pp

Returns & leverage

See full

Return on equity34.2%-7.9pp

Debt / equity1.1×-0.3×

Current ratio1.9×-0.3×

Where this comes from

Reported directly by Allegion in its filing.

Tagged under the XBRL concept us-gaap:DefinedBenefitPlanNetPeriodicBenefitCost.

The official record: Allegion’s 10-K, filed February 18, 2020, on SEC EDGAR. View the filing →

Questions, answered.

What does US — defined benefit plan net periodic benefit cost mean?: The total net cost of the US pension plan recorded in the company's financial results.
How do you interpret US — defined benefit plan net periodic benefit cost?: A lower net cost improves operating margins and overall profitability.
How does US — defined benefit plan net periodic benefit cost compare across companies?: Key metric for comparing the pension burden across industrial peers.