Allegion plc Reports Q3 Net Revenues of $1.07 Billion and Net Earnings of $188.4 Million
Allegion plc reported third-quarter 2025 net revenues of $1,070.2 million, an increase of 10.7% compared to the same period in 2024. On an organic basis, which excludes impacts from acquisitions, divestitures, and foreign currency movements, net revenues rose 5.9%. Net earnings for the quarter were $188.4 million. Adjusted net earnings were $198.7 million, up 6.5% from the prior-year period, excluding items related to restructuring, acquisition and integration expenses, amortization of acquired intangible assets, a non-cash loss on divestiture, and a tax benefit from legislative changes. In the Americas segment, revenues increased 7.9% (6.4% organically), with both non-residential and residential businesses up mid-single digits organically. The region's adjusted operating margin rose 40 basis points to 29.9%. International segment revenues rose 22.5% (3.6% organically), with a 13.6% positive impact from acquisitions and a 5.3% tailwind from foreign currency. The International segment's adjusted operating margin increased 70 basis points to 14.3%. The company raised its outlook for full-year available cash flow to be 85% to 95% of adjusted net income.
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