NYSE$ALLE
Allegion · Q4 2024 earnings
Q4 2024 earnings · · Before market open · Investor relations
Briefing
Allegion reported revenue growth and margin expansion in Q4 2024.
Allegion achieved a 5.4% revenue increase in Q4 2024, driven by pricing and volume growth. The Americas segment led growth, while international operations saw slight declines in organic revenue. Operating margin improved to 19.5%, and adjusted EPS increased by 10.7% YoY.
- Revenue increased by 5.4% YoY to $945.6M.
- Net income grew 21.5% YoY to $144.1M.
- Operating margin expanded to 19.5%, reflecting cost efficiencies.
- Adjusted EPS rose 10.7% YoY to $1.86.
Headline financials
Revenue & EPS history
Allegion · Revenue · Quarterly
$946M
Revenue by segment
Allegion · $918M total across 2 segments · Q3 2023
- Allegion Americas$741M-0.8%80.7%
- Allegion International$177M+6.3%19.3%
Forward guidance
Allegion expects moderate revenue growth and improved profitability in 2025.
Tailwinds
- Revenue expected to grow 1% to 3%.
- Organic revenue growth forecasted at 1.5% to 3.5%.
- Adjusted EPS guidance set at $7.65 to $7.85.
- Continued focus on cost efficiencies and margin expansion.
- Available cash flow projected at 85% to 90% of adjusted net income.
Headwinds
- International segment faces volume declines.
- Potential headwinds from foreign currency fluctuations.
- Rising interest expenses impacting net earnings.
- Slightly higher tax rate expected (17% to 18%).
- Ongoing restructuring and acquisition-related costs.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q4 2024
+0.3%
Avg return
Earnings day
-0.7%
Avg return
5 days after
-0.9%
Avg return
30 days after
48%
26 / 54 earnings
Positive
+10.3%
Q1 2025
Best reaction
-9.5%
Q2 2020
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +3.6% | -8.7% | -12.6% | |
| Q4 2025 | -9.2% | -9.7% | -19.9% | |
| Q3 2025 | -2.5% | -3.7% | -7.2% | |
| Q2 2025 | -0.6% | +0.1% | +3.2% | |
| Q1 2025 | +10.3% | +9.3% | +11.7% | |
| Q4 2024 | -5.6% | -4.7% | -4.3% | |
| Q3 2024 | -5.5% | -7.3% | -6.3% | |
| Q2 2024 | +4.5% | +8.2% | +7.7% | |
| Q1 2024 | -2.1% | -3.9% | -3.1% | |
| Q4 2023 | -1.0% | -2.5% | +2.2% | |
| Q3 2023 | +1.2% | +4.3% | +8.6% | |
| Q2 2023 | -9.1% | -8.0% | -13.6% | |
| Q1 2023 | +9.3% | +8.6% | +5.1% | |
| Q4 2022 | -1.1% | -1.7% | -12.5% | |
| Q3 2022 | +9.1% | +9.5% | +17.5% | |
| Q2 2022 | +1.4% | -1.4% | -6.3% | |
| Q1 2022 | +1.1% | -0.4% | -3.4% | |
| Q4 2021 | -2.6% | -3.5% | -0.5% | |
| Q3 2021 | -2.4% | -5.4% | -2.2% | |
| Q2 2021 | -0.9% | -2.7% | -1.3% | |
| Q1 2021 | +4.0% | +3.4% | +3.3% | |
| Q4 2020 | -7.6% | -7.8% | +3.1% | |
| Q3 2020 | -1.0% | -4.5% | +8.8% | |
| Q2 2020 | -9.5% | -11.7% | -10.2% | |
| Q1 2020 | +3.9% | +9.3% | +1.4% | |
| Q4 2019 | -5.6% | -7.4% | -32.2% | |
| Q3 2019 | +8.6% | +10.6% | +14.1% | |
| Q2 2019 | -2.7% | -3.6% | -13.7% | |
| Q1 2019 | +2.9% | +3.9% | +4.0% | |
| Q4 2018 | -3.9% | -2.0% | -2.9% | |
| Q3 2018 | +3.7% | +6.1% | +11.8% | |
| Q2 2018 | +1.9% | +1.8% | +9.0% | |
| Q1 2018 | -6.3% | -7.1% | -5.1% | |
| Q4 2017 | +4.8% | +4.2% | +2.3% | |
| Q3 2017 | -7.2% | -3.6% | -4.1% | |
| Q2 2017 | +3.7% | +3.8% | -1.1% | |
| Q1 2017 | -1.4% | -2.6% | -0.4% | |
| Q4 2016 | +6.4% | +5.1% | +10.2% | |
| Q3 2016 | -3.0% | -3.2% | +3.5% | |
| Q2 2016 | +0.7% | -0.3% | -0.4% | |
| Q1 2016 | -2.1% | — | — | |
| Q4 2015 | +4.8% | — | — | |
| Q3 2015 | -0.0% | — | — | |
| Q2 2015 | -0.8% | — | — | |
| Q1 2015 | +1.5% | — | — | |
| Q4 2014 | -1.6% | — | — | |
| Q3 2013 | +5.6% | — | — | |
| Q3 2014 | +5.6% | — | — | |
| Q2 2013 | -1.9% | — | — | |
| Q2 2014 | -1.9% | — | — | |
| Q1 2013 | +4.8% | — | — | |
| Q4 2012 | +4.8% | — | — | |
| Q1 2014 | +4.8% | — | — | |
| Q4 2013 | +2.8% | — | — |
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