Allegion Reports Strong Growth in Americas
Building hardware manufacturer Allegion reported high-single-digit revenue growth and strong operating margins for Q4 and full-year 2025. The company highlighted particularly robust performance in its non-residential Americas markets. The results reflect continued investment in commercial and multi-unit housing construction.
- For the full year 2025, Allegion reported a 7.8% increase in revenue to $4.07 billion and an 8.1% rise in adjusted earnings per share to $8.14. - The strong performance in the Americas' non-residential market was contrasted by a high-single-digit organic decline in the residential business. - Allegion President and CEO John H. Stone stated he was proud of the team for delivering on commitments, which resulted in "high-single digit enterprise revenue growth, accretive capital deployment, and strong cash generation." - The company projects continued growth into 2026, with an outlook of 5% to 7% for reported revenue growth and adjusted EPS in the range of $8.70 to $8.90. - Recent acquisitions, including Trimco Hardware and Next Door Company, have expanded the door and frame portfolio within the Allegion Americas segment. - The company's available cash flow increased by 17.6% in 2025 to $685.7 million. - While the Americas segment grew, Allegion's International segment saw a 2.3% decrease in organic revenue for the fourth quarter. - Stable demand across sectors like education, healthcare, and government contributed to the positive results in the non-residential business.
