The company said net revenues for Q4 2024 rose 5.4% to $945.6 million (up 3.5% on an organic basis), and diluted earnings per share (EPS) were $1.65, up 23.1% from $1.34 a year earlier.

1. 01

   The company said net revenues for Q4 2024 rose 5.4% to $945.6 million (up 3.5% on an organic basis), and diluted earnings per share (EPS) were $1.65, up 23.1% from $1.34 a year earlier.

2. 02

   Allegion said its adjusted operating margin for the full year 2024 was 22.8%, compared with 22.1% a year earlier, up 70 basis points, and full-year net revenues were $3,772.2 million. The company cited price and productivity as the drivers of the increase, and said lower volumes partially offset them.

3. 03

   Allegion said available cash flow for the full year 2024 was $582.9 million, up $66.5 million from the prior year. Cash and cash equivalents as of Q4 2024 were $503.8 million, and total debt was $1,999.5 million.

4. 04

   Allegion gave an adjusted EPS outlook of $7.65 to $7.85 for full-year 2025. It expects reported revenue to rise 1% to 3% over 2024, and organic revenue to rise 1.5% to 3.5%. The company said it expects available cash flow to be 85% to 90% of adjusted net income.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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