# Allegion Public Limited Company (ALLE) — Stock CV

Allegion Public Limited Company is a $12.8B technology company. Revenue grew 10.6% over the last year, it keeps 15¢ of every dollar of sales as profit, and its net debt equals ~2.4 years of free cash flow. It trades at 19.4× earnings — in the cheapest third of its own history.

> Allegion is a global security products company with a portfolio of leading brands such as Schlage, Von Duprin, and LCN. The Ireland-domiciled company was created via a spinoff transaction from Ingersoll-Rand in December 2013.

## Identity

- **Ticker**: ALLE
- **Sector**: Technology
- **Industry**: Services-Detective, Guard & Armored Car Services
- **Headquarters**: DUBLIN 7
- **Employees**: 13 300
- **Website**: https://www.allegion.com
- **Market cap**: $12.8B
- **Last price**: $150.48
- **Financial profile**: Solid

## Vitals (TTM)

- **Revenue**: $4.29B
- **Net income**: $659M
- **Free cash flow**: $671M
- **Net debt**: $1.62B
- **P/E**: 19.4
- **Revenue growth (YoY)**: 10.6%

## Skills (profile scores, 0–100)

| Pillar | Score |
|---|---|
| Valuation | 80 |
| Growth | 64 |
| Profitability | 85 |
| Health | 66 |
| Quality | 90 |
| Moat | 95 |

## Qualifications (beginner checklist) — 11 of 11 passed

- [x] Revenue growing — +10.6% YoY
- [x] Profitable — $659M TTM
- [x] Profit growing — +12.8% YoY
- [x] Generates cash — $671M TTM
- [x] Debt under control — ~2.4y of cash flow to repay
- [x] Established company — $12.8B market cap
- [x] Not printing shares — -0.8% shares over ~5y
- [x] Proven track record — 10/10 profitable years
- [x] Financially stable — Altman Z 3.9 — safe
- [x] Pays a dividend — yield 1.42%
- [x] Valuation not extreme — P/E 19.4

## Experience (career milestones)

- **FY2025** — Best year on record: $644M net income
- **FY2016** — Profitable every year on record: 10 consecutive profitable years in our data
- **FY2016** — Revenue already above $1B: $2.24B in first reported year
- **FY2016** — Positive free cash flow every year since: 10-year streak

## Strengths

- High gross margin (44.8%)
- Revenue growing 10.6% year over year
- Strong cash conversion — FCF is 15.6% of revenue
- Interest covered 9.5× by operating earnings
- High returns on invested capital (ROIC 19.6%)

## Watch-outs

- None stand out in the data.

## Track record

| Year | Revenue | Net income | Free cash flow |
|---|---|---|---|
| FY2021 | $2.87B | $483M | $443M |
| FY2022 | $3.27B | $458M | $396M |
| FY2023 | $3.65B | $540M | $516M |
| FY2024 | $3.77B | $598M | $583M |
| FY2025 | $4.07B | $644M | $686M |

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Source: https://stockcv.com/ALLE — derived from company filings; may be delayed or incomplete. Information, not investment advice.