How did ALLE's revenue and expenses trend in Q4 2024?

Allegion Public (ALLE) demonstrated robust revenue and a solid net income in Q4 2024, with some notable trends in its business segments. 1. **Revenue Trends**: - ALLE's total revenue for Q4 2024 was $3.52 billion. - The company's revenue was well-distributed across its business segments, with Products, Services and Software, and Services contributing significantly. 2. **Expense Management**: - Net income for the quarter was $144.1 million. - The company's operating, selling, general, and administrative (SG&A) expenses were $232.1 million. - Despite the high SG&A expenses, ALLE maintained a healthy net income, indicating efficient management and operational effectiveness. 3. **Segment Performance**: - The Products segment contributed the most to the revenue, followed by Services and Software, and Services segments. - Each segment showed a consistent expense pattern, with SG&A expenses of $232.1 million across all segments. 4. **Stability and Growth**: - The last change in the stock price was a positive 0.28%, reflecting market confidence or a general market uptrend. - The company's financial metrics suggest stability and a strong operational foundation, which is a positive signal for investors. In conclusion, ALLE's Q4 2024 financials indicate a company that is performing well, with strong revenue generation and effective cost management. The diversity of its business segments and their consistent expense patterns contribute to the company's overall strength.