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Allegion ALLE Current ratio

Current ratio at other companies

APi Group logo
APi GroupAPG
1.4×0.0×
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TransDigm GroupTDG
3.5×+0.4×
Honeywell International logo
Honeywell InternationalHON
1.4×+0.1×
Comfort Systems USA logo
Comfort Systems USAFIX
1.2×+0.2×
Emerson Electric logo
Emerson ElectricEMR
0.9×+0.1×
Fortive logo
FortiveFTV
0.7×-0.3×

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

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Return on equity34.2%-7.9pp
Debt / equity1.1×-0.3×

Where this comes from

Calculated from Allegion’s reported figures.

Based on the most recent quarter.

The official record: Allegion’s 10-Q, filed April 28, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Allegion's current ratio?
Allegion (ALLE) reported current ratio of 1.9× in Q1 2026.
How has Allegion's current ratio changed year-over-year?
Allegion's current ratio decreased by 12.2% year-over-year, from 2.2× to 1.9×.
What is the long-term trend for Allegion's current ratio?
Over 5 years (2020 to 2025), Allegion's current ratio has grown at a -3.4% compound annual growth rate (CAGR), from 2.2× to 1.8×.
What does current ratio mean?
Whether the company has enough short-term assets to cover its short-term bills.
How do you interpret current ratio?
Above 1.0 means short-term assets cover short-term liabilities. Very high values can signal idle cash or bloated inventory/receivables rather than strength — there's a healthy middle, not 'more is better'.
How does current ratio compare across companies?
Comparable within an industry. Working-capital-light businesses can operate safely below 1.0 by collecting before they pay.