Allegion reports Q3 2025 results, growth led by Americas non-residential

DUBLIN — Allegion plc (NYSE: ALLE), a global security products and solutions provider, has reported the financial results for its third quarter (ended Sept. 30, 2025).

“Allegion’s third-quarter performance was defined by strong execution producing solid results,” Allegion President and CEO John H. Stone said. “With enterprise double-digit revenue growth led by our Americas non-residential business and accretive capital deployment, we’re raising our outlook for reported full-year 2025 revenue and adjusted EPS.”

Company Results

(All comparisons against the third quarter of 2024, unless otherwise noted)

Allegion reported third-quarter 2025 net revenues of $1,070.2 million and net earnings of $188.4 million, or $2.18 per share. Adjusted net earnings were $198.7 million, or $2.30 per share, up 6.5%, excluding items primarily related to restructuring, acquisition and integration expenses, amortization expenses related to acquired intangible assets, a non-cash loss on divestiture and a tax benefit related to a legislative change.

Third-quarter 2025 net revenues increased 10.7%. On an organic basis, which excludes impacts of acquisitions, divestitures and foreign currency movements, net revenues increased 5.9%, led by the Americas region. The organic revenue increase was driven by price realization and volume growth. Reported revenue reflects a 3.9% positive impact from acquisitions and a 0.9% tailwind from foreign currency.

Third-quarter 2025 operating income was $233.8 million, an increase of $18.8 million or 8.7%. Adjusted operating income in third-quarter 2025 was $257.4 million, an increase of $23.7 million or 10.1%. Third-quarter 2025 operating margin was 21.8%, compared with 22.2%. The adjusted operating margin in third-quarter 2025 was 24.1%, compared with 24.2%. Both segments saw margin expansion, which was more than offset by a headwind due to a prior year comparable in corporate expenses.

“As we finish out 2025, we remain agile and are steadily delivering on our commitments to customers and shareholders,” Stone added.

The full financial and segment results can be found online at investor.allegion.com.