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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$14.06B+1.5%
Enterprise value$15.96B+3.5%
P/E21.4×-0.8×
P/S3.3×-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:ResearchAndDevelopmentExpense.

The source filing: Allegion’s 10-K, filed February 17, 2026.

Filed
Feb 17, 2026, 6:48 AM EST
Fiscal year
FY2025
Accession
0001579241-26-000007

Research and Development Costs: The Company conducts research and development activities for the purpose of developing and improving new products and services. These costs are expensed when incurred. For the years ended December 31, 2025, 2024 and 2023, expenses related to research and development activities amounted to approximately $132.0 million, $112.7 million and $101.9 million, respectively, and primarily consisted of salaries, wages, benefits, facility costs and other overhead expenses.

Item 16. FORM 10-K SUMMARY

FAQ

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?
Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.

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