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Allegion Plc's Business Segments
Allegion Plc's reported revenue by business segment and by geographic region, quarterly and annual, normalized against the consolidated income statement. Free below: the top 3 rows per table, this quarter and this fiscal year. Subscriber access adds the full segment history and operating income by segment.
Segment Data As of Q2 FY2026
Reportable Segments
2
Largest Segment
Allegion Americas
Total Revenue
$ 1,152
Regions Reported
-
Revenue Share by Reportable Segment - Q2 FY2026
- Allegion Americas79.8%
- Allegion International20.2%
Revenue by Reportable Segment - Q2 FY2026
| Segment | Revenue (Millions) | % of Total |
|---|---|---|
| Allegion Americas | $ 919 | 79.8% |
| Allegion International | $ 233 | 20.2% |
Revenue by Product & Service Category - Q2 FY2026
- Product75.6%
- Service4.2%
Revenue by Product & Service Category - Q2 FY2026
| Category | Revenue (Millions) | % of Total |
|---|---|---|
| Product | $ 871 | 75.6% |
| Service | $ 48 | 4.2% |
Product and service categories are a supplemental disclosure and are not required to sum to consolidated revenue or to the reportable segments above.
Description of Allegion Plc
Allegion Plc is a global security products and solutions company that specializes in providing locking systems and security solutions for homes, schools, hospitals, commercial buildings, and government facilities. The company was incorporated in 2013 and is headquartered in Dublin, Ireland.
The company has a diverse portfolio of world-renowned brands, including Schlage, Von Duprin, LCN, Falcon, and Briton, which offer a wide range of security solutions such as mechanical and electronic locks, access control systems, door closers, exit devices, time clocks, and security cameras.
Allegion's products are designed to improve security, efficiency, and convenience for its customers. These products are used by various customers, including architects, dealers, distributors, contractors, end-users, and facility managers. The company operates through three main segments: Americas, EMEIA (Europe, Middle East, India, and Africa), and Asia Pacific.
The Americas segment primarily comprises of the United States and Canada and is the largest segment based on revenue. The EMEIA segment includes Europe, the Middle East, India, and Africa and is the second-largest segment for the company. The Asia Pacific segment includes the Asia region and is the smallest segment in terms of revenue.
Allegion operates in a highly competitive environment, and its competitors include companies such as ASSA ABLOY, Honeywell, Johnson Controls, and Stanley Black & Decker. To maintain its competitive position, Allegion invests heavily in research and development to develop innovative security products and solutions.
The company's financial performance has been strong over the years. In 2020, Allegion reported revenue of $2.7 billion, and its net income was $395.9 million. The company has increased its dividend payment for six consecutive years, demonstrating its commitment to returning value to shareholders.
Overall, Allegion is a leading security solutions company that offers a wide range of innovative locking systems and security products to customers globally. The company's commitment to quality, customer satisfaction, and innovation has helped it maintain its competitive edge in the market.
The company has a diverse portfolio of world-renowned brands, including Schlage, Von Duprin, LCN, Falcon, and Briton, which offer a wide range of security solutions such as mechanical and electronic locks, access control systems, door closers, exit devices, time clocks, and security cameras.
Allegion's products are designed to improve security, efficiency, and convenience for its customers. These products are used by various customers, including architects, dealers, distributors, contractors, end-users, and facility managers. The company operates through three main segments: Americas, EMEIA (Europe, Middle East, India, and Africa), and Asia Pacific.
The Americas segment primarily comprises of the United States and Canada and is the largest segment based on revenue. The EMEIA segment includes Europe, the Middle East, India, and Africa and is the second-largest segment for the company. The Asia Pacific segment includes the Asia region and is the smallest segment in terms of revenue.
Allegion operates in a highly competitive environment, and its competitors include companies such as ASSA ABLOY, Honeywell, Johnson Controls, and Stanley Black & Decker. To maintain its competitive position, Allegion invests heavily in research and development to develop innovative security products and solutions.
The company's financial performance has been strong over the years. In 2020, Allegion reported revenue of $2.7 billion, and its net income was $395.9 million. The company has increased its dividend payment for six consecutive years, demonstrating its commitment to returning value to shareholders.
Overall, Allegion is a leading security solutions company that offers a wide range of innovative locking systems and security products to customers globally. The company's commitment to quality, customer satisfaction, and innovation has helped it maintain its competitive edge in the market.
Allegion Plc is a leading global provider of security products and solutions, dedicated to protecting assets and properties for businesses and individuals alike. With a wide-ranging portfolio of segments, products, and services, Allegion caters to diverse customer needs across various industries. Below is an extensive description of the companys operational segments, products, and services.
Segments
1. Americas:
- This segment focuses on the North and South American markets, providing a broad range of security solutions. The diverse climate and regulatory landscape of these regions require a versatile product offering, ranging from electronic access solutions to mechanical locks designed to meet various security standards.
2. EMEA (Europe, Middle East, and Africa):
- The EMEA segment serves a wide array of markets across Europe, the Middle East, and Africa. Allegion’s offerings in this segment include advanced security products tailored for both commercial and residential applications. This region demands a strong emphasis on regulatory compliance and energy efficiency, which is reflected in the products tailored for energy-efficient buildings and smart access control systems.
3. Asia-Pacific:
- This segment focuses on rapidly growing markets in the Asia-Pacific region, which includes countries like China, Japan, and Singapore. Allegion offers innovative security solutions tailored to the unique needs of these markets, emphasizing technology integration, scalability, and adaptability to local business practices and regulations.
Products and Services
1. Mechanical Locks:
- Allegion provides an extensive assortment of mechanical locking solutions, which include deadbolts, padlocks, and cylindrical locks. These products are essential for residential, commercial, and industrial applications and are designed to provide robust security while adhering to various safety standards.
2. Electronic Access Control:
- The company specializes in advanced electronic access control systems that enhance security and user convenience. This includes card readers, proximity sensors, keypads, biometric access systems, and integrated software solutions enabling centralized control. These systems are crucial in commercial environments that require controlled access to sensitive areas.
3. Door Closers and Controls:
- Allegion’s door closers are engineered for reliability and safety, catering to different building types, including healthcare facilities, educational institutions, and corporate offices. These products not only ensure doors close securely but also help in energy efficiency and noise reduction in busy environments.
4. Exit Devices:
- The range of exit devices produced by Allegion is critical for emergency egress scenarios. These devices facilitate smooth and quick exits during emergencies, meeting stringent safety codes and regulations. Options include panic bars and exit alarms, ensuring occupant safety while maintaining building security.
5. Mobile Access Solutions:
- Allegion offers cutting-edge mobile access solutions that integrate with smartphones and wearable devices. Users can unlock doors via dedicated mobile applications or Bluetooth technology, providing convenience and enhancing security while decreasing reliance on physical keys.
6. Time and Attendance Solutions:
- To assist businesses in managing employee access and attendance, Allegion provides robust time and attendance systems. These systems facilitate the tracking of employee hours, integrating seamlessly with payroll systems, thereby improving operational efficiency and labor management.
Video Surveillance Technologies:
- Allegion also focuses on video surveillance products, allowing businesses to monitor properties effectively. These solutions range from simple camera installations to complex integrated systems that provide real-time monitoring, remote access, and advanced analytics capabilities.
8. Accessories:
- The extensive range of security accessories offered by Allegion includes various hardware elements such as door handles, hinges, strike plates, and specialty locks. These accessories are designed to complement primary security solutions, ensuring seamless integration and optimizing the overall security infrastructure.
Overall Offerings
Allegion Plc stands out as a comprehensive provider of security solutions across diverse sectors. With a commitment to innovation and quality, its diverse product range and tailored services not only enhance the safety and security of assets but also improve operational efficiency and provide peace of mind for businesses and individuals alike. The companys focus on technological integration, sustainability, and user convenience positions it as a leader in the global security market.
Segments
1. Americas:
- This segment focuses on the North and South American markets, providing a broad range of security solutions. The diverse climate and regulatory landscape of these regions require a versatile product offering, ranging from electronic access solutions to mechanical locks designed to meet various security standards.
2. EMEA (Europe, Middle East, and Africa):
- The EMEA segment serves a wide array of markets across Europe, the Middle East, and Africa. Allegion’s offerings in this segment include advanced security products tailored for both commercial and residential applications. This region demands a strong emphasis on regulatory compliance and energy efficiency, which is reflected in the products tailored for energy-efficient buildings and smart access control systems.
3. Asia-Pacific:
- This segment focuses on rapidly growing markets in the Asia-Pacific region, which includes countries like China, Japan, and Singapore. Allegion offers innovative security solutions tailored to the unique needs of these markets, emphasizing technology integration, scalability, and adaptability to local business practices and regulations.
Products and Services
1. Mechanical Locks:
- Allegion provides an extensive assortment of mechanical locking solutions, which include deadbolts, padlocks, and cylindrical locks. These products are essential for residential, commercial, and industrial applications and are designed to provide robust security while adhering to various safety standards.
2. Electronic Access Control:
- The company specializes in advanced electronic access control systems that enhance security and user convenience. This includes card readers, proximity sensors, keypads, biometric access systems, and integrated software solutions enabling centralized control. These systems are crucial in commercial environments that require controlled access to sensitive areas.
3. Door Closers and Controls:
- Allegion’s door closers are engineered for reliability and safety, catering to different building types, including healthcare facilities, educational institutions, and corporate offices. These products not only ensure doors close securely but also help in energy efficiency and noise reduction in busy environments.
4. Exit Devices:
- The range of exit devices produced by Allegion is critical for emergency egress scenarios. These devices facilitate smooth and quick exits during emergencies, meeting stringent safety codes and regulations. Options include panic bars and exit alarms, ensuring occupant safety while maintaining building security.
5. Mobile Access Solutions:
- Allegion offers cutting-edge mobile access solutions that integrate with smartphones and wearable devices. Users can unlock doors via dedicated mobile applications or Bluetooth technology, providing convenience and enhancing security while decreasing reliance on physical keys.
6. Time and Attendance Solutions:
- To assist businesses in managing employee access and attendance, Allegion provides robust time and attendance systems. These systems facilitate the tracking of employee hours, integrating seamlessly with payroll systems, thereby improving operational efficiency and labor management.
Video Surveillance Technologies:
- Allegion also focuses on video surveillance products, allowing businesses to monitor properties effectively. These solutions range from simple camera installations to complex integrated systems that provide real-time monitoring, remote access, and advanced analytics capabilities.
8. Accessories:
- The extensive range of security accessories offered by Allegion includes various hardware elements such as door handles, hinges, strike plates, and specialty locks. These accessories are designed to complement primary security solutions, ensuring seamless integration and optimizing the overall security infrastructure.
Overall Offerings
Allegion Plc stands out as a comprehensive provider of security solutions across diverse sectors. With a commitment to innovation and quality, its diverse product range and tailored services not only enhance the safety and security of assets but also improve operational efficiency and provide peace of mind for businesses and individuals alike. The companys focus on technological integration, sustainability, and user convenience positions it as a leader in the global security market.