earnings
confidence high
sentiment positive
materiality 0.75
Allegion Q4 adjusted EPS $1.86 (+10.7% YoY); FY2024 record; 2025 outlook $7.65-7.85
Allegion plc
2024-FY EPS reported
$6.82
revenue$3,772,200,000
- Q4 revenue $945.6M, up 5.4% reported / 3.5% organic; GAAP EPS $1.65, adjusted $1.86.
- FY2024 revenue $3.77B, +3.3%; GAAP EPS $6.82; adjusted EPS $7.53 (+8.2%); adjusted operating margin 22.8% (+70bps).
- Available cash flow $582.9M, +12.9% YoY; repurchased ~$100M in shares, paid $0.48 quarterly dividend.
- 2025 guidance: organic revenue +1.5% to +3.5%; adjusted EPS $7.65-$7.85; cash flow 85-90% of adj. net income.