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Allegion ALLE Accrual adjustments to reflect actual experience

Accrual adjustments to reflect actual experience at other companies

GE Vernova logo
GE VernovaGEV
$18M+260%
Xylem logo
XylemXYL
$250K
Paccar logo
PaccarPCAR
$28.6M+49.0%
Acuity Brands logo
Acuity BrandsAYI
$9.2M+17.9%
Allison Transmission Holdings logo
Allison Transmission HoldingsALSN
$61M+90.6%
LTR
LTRLTR

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×
Current ratio1.9×-0.3×

Where this comes from

Reported directly by Allegion in its filing.

Tagged under the XBRL concept us-gaap:StandardProductWarrantyAccrualPreexistingIncreaseDecrease.

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 accrual adjustments to reflect actual experience?
Allegion (ALLE) reported accrual adjustments to reflect actual experience of $100K in Q1 2026.
What does accrual adjustments to reflect actual experience mean?
Adjustments to previously recorded warranty reserves based on updated claims experience.
How do you interpret accrual adjustments to reflect actual experience?
Frequent upward adjustments suggest poor initial estimation or deteriorating product reliability, while downward adjustments may indicate conservative initial provisioning.
How does accrual adjustments to reflect actual experience compare across companies?
Common in industrial manufacturing; peers often disclose these as 'changes in estimates' within warranty footnotes.