Allegion plc (ALLE) financial statements: income statement, balance sheet and cash flow
Allegion plc's income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 31, 2025 · FY), Allegion plc reported revenue of $4.1B (+7.8% year on year) and net income of $643.8M (+7.7% year on year).
Income statement
Allegion plc income statement, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Net revenues
$4.1B
$3.8B
$3.7B
$3.3B
Cost of goods sold
$2.2B
$2.1B
$2.1B
$1.9B
Selling and administrative expenses
$978.8M
$887.8M
$865.6M
$736.0M
Impairment of intangible assets
$0
$0
$7.5M
$0
Operating income
$859.5M
$780.7M
$708.4M
$586.4M
Interest expense
$101.0M
$102.0M
$93.1M
$75.9M
Other income, net
($9.9M)
($20.1M)
($1.9M)
($11.6M)
Earnings before income taxes
$768.4M
$698.8M
$617.2M
$514.5M
Provision for income taxes
$124.6M
$101.3M
$76.6M
$56.2M
Net earnings
$643.8M
$597.5M
$540.6M
$458.3M
Less: Net earnings attributable to noncontrolling interests
$0
$0
$200.0K
$300.0K
Net earnings attributable to Allegion plc
$643.8M
$597.5M
$540.4M
$458.0M
Currency translation
$130.2M
($74.2M)
$33.6M
($76.2M)
Unrealized net (losses) gains arising during period
($1.9M)
$2.7M
$400.0K
$5.7M
Net gains reclassified into earnings
($1.1M)
($700.0K)
($1.4M)
($300.0K)
Tax benefit (expense)
$600.0K
($700.0K)
$500.0K
($200.0K)
Total cash flow hedges, net of tax
($2.4M)
$1.3M
($500.0K)
$5.2M
Prior service costs and net actuarial gains (losses), net
$2.6M
($4.4M)
($9.4M)
($38.7M)
Amortization reclassified into earnings
$5.2M
$4.6M
$4.1M
$500.0K
Settlements/curtailments reclassified into earnings
$0
$100.0K
$400.0K
$0
Currency translation and other
($7.7M)
$2.9M
($5.4M)
$7.7M
Tax (expense) benefit
($1.9M)
($400.0K)
$1.5M
$9.4M
Total defined benefit plan adjustments, net of tax
($1.8M)
$2.8M
($8.8M)
($21.1M)
Other comprehensive income (loss), net of tax
$126.0M
($70.1M)
$24.3M
($92.1M)
Total comprehensive income, net of tax
$769.8M
$527.4M
$564.9M
$366.2M
Less: Total comprehensive income attributable to noncontrolling interests
$0
$0
$200.0K
($400.0K)
Total comprehensive income attributable to Allegion plc
$769.8M
$527.4M
$564.7M
$366.6M
Net earnings (in dollars per share)
$7.48
$6.85
$6.15
$5.20
Net earnings (in dollars per share)
$7.44
$6.82
$6.12
$5.19
Allegion plc income statement, quarters
Line item
Sep 30, 2026 · Q3
Jun 30, 2026 · Q2
Mar 31, 2026 · Q1
Sep 30, 2025 · Q3
Net revenues
$1.2B
$1.2B
$1.0B
$1.1B
Cost of goods sold
$624.4M
$634.0M
$579.1M
$580.4M
Selling and administrative expenses
$263.6M
$262.8M
$259.2M
$256.0M
Operating income
$284.6M
$254.7M
$195.3M
$233.8M
Interest expense
$24.2M
$24.8M
$24.2M
$26.6M
Other income, net
($7.4M)
$2.0M
($400.0K)
($1.7M)
Total earnings before income taxes
$267.8M
$227.9M
$171.5M
$208.9M
Provision for income taxes
$46.9M
$43.3M
$33.4M
$20.5M
Net earnings
$220.9M
$184.6M
$138.1M
$188.4M
Basic net earnings (in dollars per share)
$2.60
$2.15
$1.60
$2.19
Diluted net earnings (in dollars per share)
$2.59
$2.15
$1.59
$2.18
Basic (in shares)
84.8M
85.7M
86.1M
85.9M
Diluted (in shares)
85.2M
86.0M
86.6M
86.5M
Total comprehensive income
$213.3M
$177.9M
$116.2M
$178.3M
Balance sheet
Allegion plc balance sheet, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Cash and cash equivalents
$356.2M
$503.8M
$468.1M
$288.0M
Accounts and notes receivable, net
$437.7M
$418.9M
$412.8M
$395.6M
Inventories
$519.0M
$423.0M
$438.5M
$479.0M
Current tax receivable
$30.0M
$29.8M
$8.9M
$8.3M
Other current assets
$48.9M
$46.8M
$32.6M
$40.2M
Total current assets
$1.4B
$1.4B
$1.4B
$1.2B
Property, plant and equipment, net
$444.6M
$385.3M
$358.1M
$308.7M
Goodwill
$1.9B
$1.5B
$1.4B
$1.4B
Intangible assets, net
$826.0M
$569.0M
$572.8M
$608.9M
Deferred and noncurrent income taxes
$321.8M
$331.4M
$292.9M
$227.6M
Other noncurrent assets
$327.1M
$290.4M
$283.7M
$218.3M
Total assets
$5.2B
$4.5B
$4.3B
$4.0B
Accounts payable
$244.8M
$258.0M
$259.2M
$280.7M
Accrued compensation and benefits
$152.1M
$117.6M
$134.8M
$134.7M
Accrued expenses and other current liabilities
$324.0M
$275.4M
$258.2M
$247.9M
Current tax payable
$34.3M
$24.0M
$14.9M
$27.7M
Short-term borrowings and current maturities of long-term debt
$200.0K
$21.9M
$412.6M
$12.6M
Total current liabilities
$755.4M
$696.9M
$1.1B
$703.6M
Long-term debt
$2.0B
$2.0B
$1.6B
$2.1B
Postemployment and other benefit liabilities
$44.2M
$39.1M
$44.1M
$40.1M
Deferred and noncurrent income taxes
$165.8M
$97.9M
$93.6M
$101.6M
Other noncurrent liabilities
$210.8M
$175.6M
$173.4M
$119.5M
Total liabilities
$3.2B
$3.0B
$3.0B
$3.0B
Ordinary shares, $0.01 par value (86,066,997 and 86,254,744 shares issued and outstanding at December 31, 2025 and 2024, respectively)
900.0K
900.0K
900.0K
900.0K
Capital in excess of par value
$34.2M
$0
$0
$13.9M
Retained earnings
$2.2B
$1.8B
$1.6B
$1.2B
Accumulated other comprehensive loss
($205.6M)
($331.6M)
($261.5M)
($285.8M)
Total equity
$2.1B
$1.5B
$1.3B
$944.5M
Total liabilities and equity
$5.2B
$4.5B
$4.3B
$4.0B
Allegion plc balance sheet, quarters
Line item
Sep 30, 2026
Jun 30, 2026
Mar 31, 2026
Sep 30, 2025
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents
$388.1M
$320.6M
$308.9M
—
Accounts and notes receivable, net
$551.6M
$559.7M
$512.3M
$501.0M
Inventories
$539.4M
$541.9M
$537.2M
$524.9M
Other Assets, Current
($83.9M)
($77.8M)
$64.6M
$75.0M
Total current assets
$1.6B
$1.5B
$1.4B
$1.4B
Property, plant and equipment, net
$457.2M
$451.8M
$450.1M
$424.1M
Goodwill
$1.9B
$1.9B
$1.9B
$1.9B
Intangible assets, net
$798.5M
$816.2M
$836.5M
$836.4M
Other noncurrent assets
$722.1M
$667.2M
$671.9M
$660.1M
Total assets
$5.5B
$5.4B
$5.3B
$5.2B
Accounts payable
$283.2M
$278.7M
$271.7M
$258.3M
Accrued expenses and other current liabilities
$539.5M
$498.4M
$473.8M
$506.1M
Short-term borrowings and current maturities of long-term debt
$300.0K
$200.0K
$300.0K
$28.2M
Total current liabilities
$823.0M
$777.3M
$745.8M
$792.6M
Long-term debt
$2.0B
$2.0B
$2.0B
$2.1B
Other noncurrent liabilities
$439.8M
$434.0M
$434.7M
$426.6M
Total liabilities
$3.3B
$3.2B
$3.2B
$3.3B
Ordinary shares, $0.01 par value (84,320,027 and 86,066,997 shares issued and outstanding at September 30, 2026 and December 31, 2025, respectively)
800.0K
900.0K
900.0K
900.0K
Capital in excess of par value
$0
$0
$0
$25.6M
Retained earnings
$2.4B
$2.4B
$2.3B
$2.1B
Accumulated other comprehensive loss
($241.8M)
($234.2M)
($227.5M)
($214.4M)
Total equity
$2.2B
$2.1B
$2.1B
$1.9B
Total liabilities and equity
$5.5B
$5.4B
$5.3B
$5.2B
Cash flow statement
Allegion plc cash flow statement, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Net earnings
$643.8M
$597.5M
$540.6M
$458.3M
Depreciation and amortization
$133.2M
$119.0M
$111.6M
$97.9M
Impairment of intangible assets
$0
$0
$7.5M
$0
Share-based compensation
$29.8M
$28.2M
$26.4M
$24.5M
Unrealized (gain) loss on investments, net
($900.0K)
$1.0M
$800.0K
$200.0K
Deferred income taxes
($10.2M)
($44.2M)
($67.7M)
($71.3M)
Other items
$7.3M
($2.4M)
($800.0K)
$12.6M
Accounts and notes receivable
$23.7M
($6.7M)
($11.9M)
($53.4M)
Inventories
($38.9M)
$16.7M
$44.6M
($61.7M)
Accounts payable
($34.4M)
$3.6M
($33.6M)
$2.5M
Other assets and liabilities
$30.4M
($37.7M)
($16.9M)
$42.8M
Net cash provided by operating activities
$783.8M
$675.0M
$600.6M
$459.5M
Capital expenditures
($98.1M)
($92.1M)
($84.2M)
($64.0M)
Acquisition of and equity investments in businesses, net of cash acquired
($592.2M)
($137.2M)
($31.7M)
($923.1M)
Other investing activities, net
$4.8M
$900.0K
($13.2M)
($7.0M)
Net cash used in investing activities
($685.5M)
($228.4M)
($129.1M)
($994.1M)
Debt repayments
($216.1M)
($413.3M)
($12.6M)
($12.6M)
Proceeds from Revolving Facility
$561.9M
$0
$30.0M
$340.0M
Repayments of Revolving Facility
($371.3M)
$0
($99.0M)
($271.0M)
Proceeds from issuance of Senior Notes
$0
$400.0M
$0
$600.0M
Repayments of debt, net
($25.5M)
($13.3M)
($81.6M)
$656.4M
Debt financing costs
($1.4M)
($7.6M)
$0
($10.2M)
Dividends paid to ordinary shareholders
($175.3M)
($167.0M)
($158.7M)
($143.9M)
Proceeds from Stock Options Exercised
$23.6M
($14.7M)
—
—
Repurchase of ordinary shares
-80.0M
-220.0M
-59.9M
-61.0M
Other financing activities, net
($8.1M)
($1.3M)
$1.5M
($4.3M)
Net cash used in financing activities
($266.7M)
($394.5M)
($298.7M)
$437.0M
Effect of exchange rate changes on cash and cash equivalents
$20.8M
($16.4M)
$7.3M
($12.3M)
Net (decrease) increase in cash and cash equivalents
($147.6M)
$35.7M
$180.1M
($109.9M)
Cash and cash equivalents – beginning of period
$503.8M
$468.1M
$288.0M
$397.9M
Cash and cash equivalents – end of period
$356.2M
$503.8M
$468.1M
—
Allegion plc cash flow statement, quarters
Line item
Sep 30, 2026 · YTD
Jun 30, 2026 · YTD
Mar 31, 2026 · Q1
Sep 30, 2025 · YTD
Net earnings
$543.6M
$322.7M
$138.1M
$496.3M
Depreciation and amortization
$107.4M
$71.3M
$35.6M
$98.6M
Changes in assets and liabilities and other non-cash items
($47.0M)
($94.3M)
($72.4M)
($51.2M)
Net cash provided by operating activities
$604.0M
$299.7M
$101.3M
$543.7M
Capital expenditures
($64.6M)
($38.9M)
($21.0M)
($58.5M)
Acquisition of businesses, net of cash acquired
($74.7M)
($75.5M)
($75.7M)
($594.0M)
Other investing activities, net
($38.9M)
$1.2M
($200.0K)
$3.2M
Net cash used in investing activities
($178.2M)
($113.2M)
($96.9M)
($649.3M)
Repayments of Revolving Facility
($239.0M)
($239.0M)
($81.0M)
—
Proceeds from Revolving Facility
$289.4M
$289.0M
$131.0M
$300.0M
Debt repayments
$0
$0
$0
($216.7M)
Net proceeds from debt
$50.4M
$50.0M
$50.0M
$83.3M
Dividends paid to ordinary shareholders
($140.2M)
($94.0M)
($47.4M)
($131.4M)
Repurchase of ordinary shares
-280.3M
-160.6M
-40.6M
-80.0M
Other financing activities, net
($17.9M)
($13.3M)
($10.7M)
$12.9M
Net cash used in financing activities
($388.0M)
($217.9M)
($48.7M)
($115.2M)
Effect of exchange rate changes on cash and cash equivalents
($5.9M)
($4.2M)
($3.0M)
$19.7M
Net increase (decrease) in cash and cash equivalents