Medici List crest
Disclaimer: This is a simplified summary of a public company filing. See full disclaimer here.

Allegion plc

CIK: 15792411 Annual ReportLatest: 2026-02-17

10-K / February 17, 2026

Allegion plc

Overview

  • Global provider of security products and solutions that protect people and assets in homes, schools, workplaces and other facilities.
  • Offers a broad portfolio of hardware, software and services for access control, door hardware and related security systems, sold under multiple well-known brands.

Financials (fiscal year ended December 31, 2025)

  • Net revenues: $4,067.3 million
  • Operating income: $859.5 million

Workforce

  • Approximately 13,300 employees worldwide (as of December 31, 2025)
  • About 45% of employees in the United States; approximately 55% outside the United States

Customers

  • The 10 largest customers represented about 26% of total net revenues in 2025
  • No single customer represented 10% or more of net revenues in 2025

Production and operations

  • 37 principal production and assembly facilities (22 in Allegion Americas, 15 in Allegion International)
  • Strategy emphasizes producing in the region of use to shorten delivery times and improve efficiency
  • Raw material and manufacturing footprint: approximately 20–25% of cost of goods sold sourced from Mexico; less than 5% from China

Brands and product portfolio

  • Portfolio spans more than 40 brands
  • Major product categories and example brands:
    • Door controls, door control systems and exit devices: Briton, CISA, LCN, STANLEY Access Technologies, Von Duprin
    • Doors, glass and door systems and accessories: Falcon, Glynn-Johnson, Ives, Republic, Steelcraft, TGP, Trimco
    • Electronic security products and access control systems (including time, attendance and workforce productivity): Bricard, CISA, ELATEC, Interflex, LCN, Schlage, SimonsVoss, Von Duprin
    • Locks, locksets, portable locks and key systems: Bricard, AXA, CISA, Falcon, Gainsborough, Schlage, SimonsVoss
    • Services and software: Stanley Access Technologies; SaaS offerings such as Interflex, Yonomi, Zentra

Markets and end-users

  • Serves institutional, commercial and residential sectors worldwide
  • End-user markets include education, healthcare, government, hospitality, retail, commercial office, and single- and multi-family residential

Geographic and corporate structure

  • Incorporated in Ireland on May 9, 2013 to hold Ingersoll Rand’s security businesses
  • Became a stand-alone public company on December 1, 2013

Research, development and training

  • Global R&D resources with a technology center in Bengaluru, India
  • Allegion Academy provides training and development programs
  • R&D priorities include new product platforms, cost efficiency, quality, safety and sustainability

Channel and sales approach

  • Primary channels: distribution, retail, e-commerce and wholesalers
  • Direct sales to end-users in select businesses (for example, Stanley Access Technologies, Interflex, Global Portable Security brands)
  • Engages with industry and standards organizations such as AAADM, AIA, BHMA, CSA, PSIA, SIA and the Z-Wave Alliance

Environmental, social and governance (ESG)

  • ESG priorities embedded in company values and leadership commitments
  • Board of Directors oversees ESG strategies and governance and safety initiatives
  • Corporate information and ESG progress are available on the company website