| Market Capitalization (Millions $) |
13,378 |
| Shares
Outstanding (Millions) |
86 |
| Employees |
13,300 |
| Revenues (TTM) (Millions $) |
4,289 |
| Net Income (TTM) (Millions $) |
659 |
| Cash Flow (TTM) (Millions $) |
-348 |
| Capital Exp. (TTM) (Millions $) |
98 |
Business Description
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.
Company Address: Unit No. 233 Zagreb 0 City of Zagreb
Company Phone Number: 6833399 Stock Exchange / Ticker: NYSE ALLE
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150.11 %