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R&D at other companies

Honeywell International logo
Honeywell InternationalHON
$492M+18.3%
Fortive logo
FortiveFTV
$66.5M+3.9%
Owens Corning logo
Owens CorningOC
$37M+5.7%
Rockwell Automation logo
Rockwell AutomationROK
$180M+11.1%
Motorola Solutions, Inc. logo
Motorola Solutions, Inc.MSI
$252M+8.2%
Otis Worldwide logo
Otis WorldwideOTIS
$38M+2.7%

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:ResearchAndDevelopmentExpense.

The official record: Allegion’s 10-K, filed February 17, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Allegion's R&D?
Allegion (ALLE) reported R&D of $33M in Q4 2025.
How has Allegion's R&D changed year-over-year?
Allegion's R&D increased by 17.1% year-over-year, from $28.18M to $33M.
What is the long-term trend for Allegion's R&D?
Over 4 years (2021 to 2025), Allegion's R&D has grown at a 15.8% compound annual growth rate (CAGR), from $73.3M to $132M.
What does R&D mean?
Spending on the research and development of new products and technologies.
How do you interpret R&D?
Consistent investment is generally positive for long-term growth, though excessive spending without returns can impact profitability.
How does R&D compare across companies?
Varies by industry; industrial security peers typically maintain steady R&D to support product innovation cycles.