Is the business good?
How good a business is ALLE?
Allegion earns 18% on the capital it employs against a 9.0% cost of capital, so the business is worth more the bigger it gets.
18%
Return on invested capital · cost of capital 9.0% · 8.7 points above what the capital costs: growth creates value
- Share count, year on year
- −0.12%
Share count, year on year · flat: no meaningful dilution
| Year | Operating margin |
|---|---|
| FY2020 | 15% |
| FY2021 | 18% |
| FY2022 | 18% |
| FY2023 | 19% |
| FY2024 | 21% |
| FY2025 | 21% |
Details›
- Free cash flow, trailing twelve months
- $683M
- Return on invested capitaloperating profit after tax ÷ debt + equity − cash
- 18%
Margins, capital and share counts from the statements as filed with the SEC; cash conversion from the cash flow statement.
Security & Protection Services
Ranks #5 of 7 by Smart Score