Allegiant expects North American non-res growth in 2027 to resemble this year, sees residential recovery as upside, and says electronics remain a high single-digit growth driver. Data centers represent about 5% of non-res revenue.
ALLE · Allegion plc
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Allegion reported third-quarter revenue of approximately $1.2 billion, up 9.6%, and adjusted EPS of $2.60, up 13%. It raised full-year reported revenue growth guidance to 9.5% to 10.5% and adjusted EPS guidance to $9.05 to $9.10.
Allegion plc delivered high-single digit revenue growth in the third quarter of 2026, driven by pricing, volume growth and acquisitions; operating margin rose to 24.3% from 21.8%.
Allegion plc reported third-quarter 2026 revenue of $1,172.6 million, up 9.6%, and adjusted EPS of $2.60, up 13.0%. It raised full-year 2026 reported revenue growth guidance to 9.5% to 10.5% and adjusted EPS guidance to $9.05 to $9.10.
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Quarterly results
* Q4 derived as the full year minus Q1 to Q3.
AI Brief
Q3 FY26 earnings call · Oct 22, 2026TL;DR. Allegiant delivered strong Q3 revenue and adjusted EPS growth, increased available cash flow, returned capital through share repurchases and dividends, and raised its full-year 2026 revenue and adjusted EPS outlooks. International weakness, residential volume headwinds, skilled-labor constraints, a higher tax rate and acquisition-related margin dilution remained headwinds.
- + Management raised full-year 2026 reported revenue, organic revenue and adjusted EPS outlooks.
- + Americas non-residential revenue grew low double digits organically on volume growth and price realization, while the broader Americas segment grew 9.1% organically.
- + Year-to-date available cash flow increased 11.2% to $539.4 million, primarily because of higher earnings.
- − The full-year International organic-growth outlook remained at down low single digits as demand in Europe, particularly Germany, remained weak.
- − Residential market volume was described as kind of flattish, while inflation and high interest rates make a strong medium-term recovery difficult.
- − Skilled trade labor may act as a governor on year-over-year market growth.
- − The adjusted effective tax rate increased to 17.5% from 14.9%, creating a headwind to adjusted EPS growth.
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
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Key metrics
Earlier KPI extraction records exist, but do not meet the current evidence-completeness requirements. No current verified series is available. Earlier figures remain withheld until revalidated; this is not evidence that the company reports no KPIs.
Versus peers
Security & Protection Services — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
ALLE
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Allegion plc
|
$16.19B | +20.6% | +7.6% | 23.9 | 3.0% |
|
ADT
ADT Inc.
|
$7.23B | +22.7% | +4.7% | — | 2.8% |
|
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$6.71B | +8.8% | +3.7% | 22.4 | 2.9% |
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BCO
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$4.81B | +0.1% | -5.7% | 30.7 | 13.1% |
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GEO
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$4.31B | +101.8% | +3.9% | 26.0 | 8.4% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every section- Filed
- Nov 12, 2026
- This year
- 17
Allegiant expects North American non-res growth in 2027 to resemble this year, sees residential recovery as upside, and says electronics remain a high single-digit growth driver. Data centers represent about 5% of non-res revenue.
ViewPerformance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| ALLE | +3.6% | +22.6% | +45.9% | +3.0% | +20.6% |
| SPY | +2.6% | -1.2% | +0.5% | -0.2% | +10.6% |
| vs SPY | +1.0% | +23.8% | +45.4% | +3.2% | +10.0% |
Capital returns
Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.