Allegion Balance Sheet Health
Financial Health criteria checks 4/6
Allegion has a total shareholder equity of $1.6B and total debt of $2.0B, which brings its debt-to-equity ratio to 124.3%. Its total assets and total liabilities are $4.6B and $3.0B respectively. Allegion's EBIT is $816.6M making its interest coverage ratio 9.9. It has cash and short-term investments of $494.5M.
Key information
124.28%
Debt to equity ratio
US$2.00b
Debt
| Interest coverage ratio | 9.9x |
| Cash | US$494.50m |
| Equity | US$1.61b |
| Total liabilities | US$2.96b |
| Total assets | US$4.56b |
Recent financial health updates
Allegion (NYSE:ALLE) Has A Pretty Healthy Balance Sheet
Apr 15
We Think Allegion (NYSE:ALLE) Can Stay On Top Of Its Debt
Dec 21Allegion (NYSE:ALLE) Seems To Use Debt Quite Sensibly
Aug 23Recent updates
Allegion plc's (NYSE:ALLE) CEO Will Probably Have Their Compensation Approved By Shareholders
May 29Allegion (NYSE:ALLE) Looks To Prolong Its Impressive Returns
May 20A Look At The Fair Value Of Allegion plc (NYSE:ALLE)
May 08Allegion: Solid Foundation, But Moderate Growth And Rising Uncertainty Signal Caution
Apr 29Allegion (NYSE:ALLE) Has A Pretty Healthy Balance Sheet
Apr 15Does Allegion (NYSE:ALLE) Deserve A Spot On Your Watchlist?
Mar 09The Allegion plc (NYSE:ALLE) Annual Results Are Out And Analysts Have Published New Forecasts
Feb 21Allegion: Right Business Model At The Right Time
Feb 17Allegion's (NYSE:ALLE) Dividend Will Be Increased To $0.51
Feb 10A Look Into Allegion's (NYSE:ALLE) Impressive Returns On Capital
Feb 03Calculating The Intrinsic Value Of Allegion plc (NYSE:ALLE)
Jan 19Allegion plc's (NYSE:ALLE) P/E Is On The Mark
Jan 06We Think Allegion (NYSE:ALLE) Can Stay On Top Of Its Debt
Dec 21Allegion: Not Locked In Here
Dec 17Shareholders Are Optimistic That Allegion (NYSE:ALLE) Will Multiply In Value
Oct 23What Does Allegion plc's (NYSE:ALLE) Share Price Indicate?
Oct 11Estimating The Fair Value Of Allegion plc (NYSE:ALLE)
Sep 29Allegion plc's (NYSE:ALLE) Share Price Could Signal Some Risk
Sep 17Allegion (NYSE:ALLE) Seems To Use Debt Quite Sensibly
Aug 23
Innovative Expansion And Tactical Acquisitions Set To Propel Growth And Shareholder Value
Allegion's focus on market expansion, electronic innovations, and acquisitions like Krieger Specialty Products and Unicel Architectural is likely to spur revenue growth and enhance product offerings.Allegion (NYSE:ALLE) Ticks All The Boxes When It Comes To Earnings Growth
Jul 17Allegion: Near-Term Value Play, But No Long-Term Alpha
Jul 11At US$116, Is It Time To Put Allegion plc (NYSE:ALLE) On Your Watch List?
Jul 04Shareholders Are Optimistic That Allegion (NYSE:ALLE) Will Multiply In Value
Jun 20Subdued Growth No Barrier To Allegion plc's (NYSE:ALLE) Price
Jun 05Allegion: Strong Institutional Demand Should Drive Growth
May 28Allegion: Providing More Security Here
Dec 31Financial Position Analysis
Short Term Liabilities: ALLE's short term assets ($1.5B) exceed its short term liabilities ($672.4M).
Long Term Liabilities: ALLE's short term assets ($1.5B) do not cover its long term liabilities ($2.3B).
Debt to Equity History and Analysis
Debt Level: ALLE's net debt to equity ratio (93.5%) is considered high.
Reducing Debt: ALLE's debt to equity ratio has reduced from 233.3% to 124.3% over the past 5 years.
Debt Coverage: ALLE's debt is well covered by operating cash flow (36.5%).
Interest Coverage: ALLE's interest payments on its debt are well covered by EBIT (9.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/05/30 10:22 |
| End of Day Share Price | 2025/05/30 00:00 |
| Earnings | 2025/03/31 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Allegion plc is covered by 23 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Robert Schultz | Baird |
| Timothy Wojs | Baird |
| Julian Mitchell | Barclays |