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Allegion
ALLE · NYSEIndustrials — Security Products
The economic chain
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Raw inputs
Equipment
Foundry
Chip design
Software
AI demand
Inputsmetals, electronics & cap…Allegiondesigns & builds the hard…Productslocks, closers & access t…Distributionhow it reaches the doorEnd marketswho buys the doorsZNZinc, steel & brassICChips & electronic components$Capital & investorsALLEAllegionLCKMechanical locks & exit devicesRFIDElectronic access & credentialsDRDoors, frames & specialtyRTLHome-improvement retailDSTDistributors & locksmithsHOMHomeowners & buildersBLDCommercial & institutional
Company details
Market cap
~$11.5B
P/E ratio
~18×
Div yield
~1.6%
EPS (2025)
$7.44
Profit margin
~16%
Rev. growth
+7%
Revenue (2025)
$4.07B
Net earnings (2025)
$644M
In plain English
Allegion is the company behind the locks, levers, door closers and exit devices on the buildings you walk through every day — Schlage residential and commercial locks, Von Duprin panic bars, LCN closers, and CISA and SimonsVoss in Europe. It is steadily turning that mechanical hardware business into a digital access-control platform: electronic locks, readers and credentials, with a string of bolt-on acquisitions (ELATEC, SOSS) pulling it toward software and electronics.
In simple terms
What Allegion really sells
Allegion is the company behind the locks, levers, door closers and exit devices on the buildings you walk through every day — Schlage residential and commercial locks, Von Duprin panic bars, LCN closers, and CISA and SimonsVoss in Europe. It is steadily turning that mechanical hardware business into a digital access-control platform: electronic locks, readers and credentials, with a string of bolt-on acquisitions (ELATEC, SOSS) pulling it toward software and electronics.
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Risk read
Moderate
SteadierMore speculative
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