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Allegion ALLE Payments for Restructuring

Payments for Restructuring at other companies

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$10.5M+66.7%

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+2.2%
Enterprise value$16.25B+4.1%
P/E21.8×-0.6×
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:PaymentsForRestructuring.

The source filing: Allegion’s 10-Q, filed April 25, 2024.

Filed
Apr 25, 2024
Fiscal quarter
Q1 FY2024
Calendar quarter
Q1 2024
Accession
0001579241-24-000031
In millionsTotal
December 31, 2023$1.9
Additions, net of reversals0.4
Cash payments(1.9)
March 31, 2024$0.4

Item 1 – Financial Statements

FAQ

What is Allegion's payments for restructuring?
Allegion (ALLE) reported payments for restructuring of $1.9M in Q1 2024.
How has Allegion's payments for restructuring changed year-over-year?
Allegion's payments for restructuring increased by 137.5% year-over-year, from $800K to $1.9M.
What is the long-term trend for Allegion's payments for restructuring?
Over 2 years (2021 to 2023), Allegion's payments for restructuring has grown at a 12.6% compound annual growth rate (CAGR), from $8.6M to $10.9M.

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