What does Allegion Public do and what are its main business segments?

What factors drove the changes in Allegion Public's revenue and profit?

What is the market's earnings forecast for Allegion Public next quarter?

What were the key takeaways from Allegion Public's earnings call?

What is Allegion Public's gross profit margin?

What is the revenue and EPS growth rate for Allegion Public year over year?

What is Allegion Public's latest dividend and current dividend yield?

Did Allegion Public beat or miss consensus estimates last quarter?

- **Revenue Growth**: Q3 2025 revenue of $1.0B+ (+10.7% YoY), driven by 5.9% organic growth in Americas.
- **EPS Upgrade**: Full-year 2025 EPS raised to $8.10-$8.20, up from prior range, reflecting $600M+ M&A and strong cash flow ($485M YTD).
- **Acquisition Impact**: 2025 acquisitions (e.g., ELATEC, UAP) to contribute ~$40M annualized revenue and 2% EPS in 2026.
- **Tariff Resilience**: 100% inflation offset via pricing/productivity, with $40M Q4 tariff surcharge revenue.
- **Challenges**: Residential market remains soft, but electronics growth (+15.5% YoY) and new products (Arrive lock) mitigate weakness.

**【CEO Summary Section】**
- Q3 2025 revenue exceeded $1 billion, growing 10.7% YoY, driven by 5.9% organic growth in the Americas segment.
- Raised full-year 2025 EPS guidance to $8.10-$8.20, up from prior range, reflecting strong execution and recent acquisitions (UAP, Brisant).
- Capital allocation: $600M year-to-date on accretive M&A (e.g., ELATEC, Gatewise), with focus on electronics, mechanical, and complementary software.
- New product launches (Schlage Performance Series locks, Arrive smart lock) contributed to 15.5% YoY electronics revenue growth.
- 2026 outlook: Expect ~2% EPS contribution from 2025 acquisitions, with nonresidential Americas growth supported by spec activity (+20% YoY in 2025).

**【CFO Financial Commentary】**
- Q3 2025: 
  - Adjusted EPS: $2.30 (vs. $2.16 prior year), +6.5% YoY.
  - Americas segment: $844M revenue (+7.9% reported, +6.4% organic), 24.1% operating margin (flat YoY due to higher corporate expenses).
  - International segment: $226M revenue (+22.5% reported, +3.6% organic), 14.3% operating margin (up 70bps YoY).
  - Year-to-date cash flow: $485.2M (+25.1%), with 85-95% conversion of adjusted net income.
- Tariffs: $40M Q4 surcharge revenue expected in Americas to offset Section 232 tariffs.
- 2025 tax rate: 17-18%, stable vs. prior year.

**【Q&A Highlights】**
- **M&A Pipeline**: Strong pipeline in both Americas and International, with focus on electronics, mechanical, and software. Recent deals (UAP, Brisant) expected to add ~$40M annualized revenue.
- **Residential Market**: Soft demand persists, but new e-lock products (Arrive) drove mid-single-digit growth in Q3.
- **Tariff Management**: Pricing and productivity initiatives offset 100% of inflation in Q3, with ~$2.2M net tailwind.
- **Spec Activity**: Nonres spec writing up 20% YoY, driven by multifamily, data centers, and healthcare projects.
- **2026 Outlook**: Expect similar market conditions to 2025, with ~2% EPS contribution from 2025 acquisitions and 35% incremental margin on organic growth.

Allegion plc (ALLE) Q3 2025 Earnings Call Transcript

- **Record Q2 revenue ($1.02B)**; EPS guidance raised to $8.00-$8.15 on tariff surcharge and M&A.
- **Margin resilience**: Americas non-res growth (+50bps margin expansion); 2025 tax rate 17-18%.
- **Strategic M&A**: $40M tariff surcharge offset; 2025 SaaS adjacencies to $8.00 EPS target.

**【CEO Summary Section】**
- Achieved record revenue of $1.02 billion in Q2 2025, up 5.8% YoY driven by non-residential Americas growth.
- Raised 2025 EPS guidance to $8.00-$8.15 from $7.75-$8.00,,, with accretive M&A and tariff surcharge revenue.
- Acquisitions (ELATEC, Novas) expand electronics and SaaS capabilities, targeting 3%+ annual M&A growth.

**【CFO Financial Commentary】**
- Q2 2025 revenue $1.02B (+5.8% YoY), adjusted EPS $2.04 (+4.1% YoY) with strong cash flow ($275M YTD).
- Americas segment margin expansion (+50bps) driven by non-residential demand; International margin +100bps.
- 2025 tax rate expected 17-18%; net debt/EBITDA 1.5x, supporting capital allocation flexibility.

**【Q&A Highlights】**
- Tariff surcharge revenue $40M (Q3-Q4 2025); project activity resilience in institutional/end-user markets.
- Non-residential Americas price realization 3% Q2; 2025 outlook excludes residential softness risk.
- Acquisitions (e.g., ELATEC): long-term margin accretion; SaaS adjacencies to $8.00 EPS target.

Allegion plc (ALLE) Q2 2025 Earnings Call Transcript

- **Americas growth engine**: Nonresidential business drove Q1 revenue expansion, with Americas team delivering mid-single-digit growth
- **Innovation leadership**: Schlage's new smart lock products (Sense Pro, Arrive) set to launch this year, reinforcing #1 lock brand position
- **Strategic M&A**: 3 acquisitions to expand nonresidential solutions, with active pipeline for further deals
- **Consistent capital returns**: 11th dividend increase ($44M) and $40M share buybacks, balanced with growth investments
- **Resilient margins**: Expanded profitability despite macro challenges, underpinned by strong channel partnerships

**【CEO Opening Remarks】**
- Q1 2025 marked a strong start with **top-line growth in the Americas**, driven by nonresidential business and mid-single-digit revenue expansion in the region.
- **Profitability resilience**: Expanded industry-leading margins despite macro challenges, reflecting broad end-market exposure and strong channel partnerships.
- **Capital allocation highlights**: 
  - $44M dividend payout (11th consecutive increase)
  - $40M share repurchases
  - 3 bolt-on acquisitions (Next Door, Lemaar, Trimco) to bolster nonresidential solutions
- **Innovation showcase**: Schlage Sense Pro (ultra-wideband smart lock) and Arrive (affordable WiFi deadbolt) set for U.S. launches later this year, reinforcing Schlage's #1 lock brand status.

**【CFO Financial Overview】**
- Q1 financial results reflect operational execution, though specific metrics (e.g., revenue, EPS) were not fully detailed in the transcript.
- Emphasis on **cash flow generation** to support growth investments and shareholder returns.
- Full year 2025 outlook reaffirmed at **$7.65-$7.85 adjusted EPS**, underscoring confidence in execution despite macro uncertainty.

Allegion (ALLE)-24 Apr 25-2025 Q1 Earnings call transcript

- **2024 Growth**: 5.4% Q4 revenue ($945.6M), 11th dividend increase, $220M buybacks
- **2025 Outlook**: 1-3% revenue growth, $7.65-$7.75 EPS, 50-100bps margin expansion
- **Tariff Mitigation**: Pricing actions, supplier cost-sharing for Mexico tariffs
- **Market Strength**: Stable institutional nonresidential, 70bps margin expansion in 2024
- **M&A Pipeline**: Active, disciplined approach to accretive deals

**【CEO Summary Section】**
- Q4 2024 revenue growth of 5.4% to $945.6 million, driven by 3.5% organic growth in Americas and accretive M&A. 
- 2024 marked 11th consecutive dividend increase and $220M share buybacks. 
- 2025 outlook: 1-3% total revenue growth (1.5-3.5% organic), $7.65-$7.85 EPS. 
- Tariff mitigation plans include pricing actions and supplier cost-sharing. 
- Nonresidential institutional markets stable, supported by strong muni bond issuance. 

**【CFO Financial Commentary】**
- Q4 2024: 
  - Adjusted EPS $1.86 (+10.7% YoY)
  - Operating margin +70bps YoY to 18.9%
  - Available cash flow $583M (+12.9% YoY)
- 2024: 
  - Organic revenue +3.5%
  - Operating margin +70bps
  - Free cash flow conversion >85%
- 2025: 50-100bps margin expansion, driven by Americas and productivity gains. 

**【Q&A Key Themes】**
- **Tariffs & Sourcing**: 
  - <5% COGS from China, 20-25% from Mexico
  - Pricing actions to offset potential Mexico tariffs
- **Margin Dynamics**: 
  - 2025: 50-100bps margin expansion
  - Americas leading with 80-100bps, International flat
- **Market Trends**: 
  - Nonresidential institutional stable
  - Residential Q4 growth due to pre-buy, expect normalization
  - Electronics growth to outpace mechanical
- **M&A Pipeline**: 
  - Active pipeline, ~$137M in 2024 bolt-ons
  - Disciplined approach to accretive deals

Allegion (ALLE)-18 Feb 25-2024 Q4 Earnings call transcript

Allegion (ALLE)-24 Oct 24-2024 Q3 Earnings call transcript

Allegion (ALLE)-24 Jul 24-2024 Q2 Earnings call transcript

Allegion (ALLE)-25 Apr 24-2024 Q1 Earnings call transcript

Allegion (ALLE)-20 Feb 24-2023 Q4 Earnings call transcript

Allegion (ALLE)-31 Oct 23-2023 Q3 Earnings call transcript

Allegion (ALLE)-26 Apr 23-2023 Q1 Earnings call transcript

Allegion (ALLE)-22 Feb 23-2022 Q4 Earnings call transcript

Allegion (ALLE)-27 Oct 22-2022 Q3 Earnings call transcript

Allegion (ALLE)-30 Jul 22-2022 Q2 Earnings call transcript

Allegion (ALLE)-26 Apr 22-2022 Q1 Earnings call transcript

Allegion (ALLE)-15 Feb 22-2021 Q4 Earnings call transcript

Allegion (ALLE)-21 Oct 21-2021 Q3 Earnings call transcript

Allegion (ALLE)-22 Jul 21-2021 Q2 Earnings call transcript

Allegion (ALLE)-22 Apr 21-2021 Q1 Earnings call transcript

Allegion (ALLE)-16 Feb 21-2020 Q4 Earnings call transcript

Allegion (ALLE)-22 Oct 20-2020 Q3 Earnings call transcript

Allegion (ALLE)-23 Jul 20-2020 Q2 Earnings call transcript

Allegion (ALLE)-23 Apr 20-2020 Q1 Earnings call transcript

Allegion (ALLE)-18 Feb 20-2019 Q4 Earnings call transcript

Allegion (ALLE)-24 Oct 19-2019 Q3 Earnings call transcript

Allegion (ALLE)-25 Jul 19-2019 Q2 Earnings call transcript

Allegion (ALLE)-26 Apr 19-2019 Q1 Earnings call transcript

Allegion (ALLE)-19 Feb 19-2018 Q4 Earnings call transcript

Allegion (ALLE)-25 Oct 18-2018 Q3 Earnings call transcript

Allegion (ALLE)-26 Jul 18-2018 Q2 Earnings call transcript

Allegion (ALLE)-26 Apr 18-2018 Q1 Earnings call transcript

Allegion (ALLE)-20 Feb 18-2017 Q4 Earnings call transcript

Allegion (ALLE)-28 Oct 17-2017 Q3 Earnings call transcript

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