Allegion

Allegion Interest Coverage

The Interest Coverage Ratio of Allegion (ALLE) as of Nov 5, 2026 is 9.45. In the previous year, Interest Coverage Ratio was 7.94 — a change of 19.01% (higher).

Interest Coverage

9.45

YoY

19.01%

Last updated:

Interest Coverage Ratio of Allegion is 2024 9.45 . Interest Coverage Ratio of Allegion was 2023 7.94 . It decreases by 19.01% higher compared to the previous year.

The Allegion Interest Coverage history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Interest Coverage
Date
Interest Coverage
Jan 1, 2017
4.93 USD
Jan 1, 2018
9.90 USD
Jan 1, 2019
10.07 USD
Jan 1, 2020
7.97 USD
Jan 1, 2021
11.50 USD
Jan 1, 2022
7.70 USD
Jan 1, 2023
7.94 USD
Jan 1, 2024
9.45 USD
The Allegion Interest Coverage history
YEARInterest CoverageYoY
9.45+19.01%
7.94+3.20%
7.70-33.09%
11.50+44.23%
7.97-20.84%
10.07+1.73%
9.90+100.66%
4.93-30.91%
7.14+12.15%
6.37+17.71%
5.41—

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Allegion Stock analysis

What does Allegion do? Allegion PLC is a global company specializing in security technology. The company was founded in Indiana in 1908 and is headquartered in Dublin, Ireland today. The business model of Allegion focuses on developing and manufacturing products that improve the security of residential and commercial buildings. The company specializes in five different segments: Mechanical security systems, electronic security systems, fire protection systems, door and window components, and mobile security solutions. Allegion's products include locks, cylinders, door, window, and hardware components, as well as various technologically advanced control systems and security solutions. Some well-known brands of Allegion include Schlage, Von Duprin, LCN, Falcon, Briton, Brio, and CISA. One particular focus of Allegion is the development and application of electronic security technology. This includes a high emphasis on user-friendliness, easy integration, and utilization of the different products. The Schlage brand is considered Allegion's flagship and one of the most well-known brands for door locks and security solutions in North and South America. However, the company also has a strong presence in Europe, Asia, and the Middle East. Allegion strives to stay up-to-date with the latest technology and invests significant resources in research and development. The company is a leader in incorporating technology into its products and services. In recent years, Allegion has also placed a stronger focus on solutions for the commercial sector. This includes a particular emphasis on improving building materials and construction. By integrating security components and technologies, greater security and reduced risk can be achieved for commercial buildings. Overall, Allegion has solidified its position as a leading global provider of security technology and solutions. The company has a long history and its constant adaptation to new technological developments ensures its success in the future. Allegion is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Allegion stock

Interest Coverage Ratio of Allegion is 9.45 in 2024.

Interest Coverage Ratio of Allegion changed from 7.94 to 9.45, representing a 19.01% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Interest Coverage Ratio Allegion since 2006 – with annual values, charts, and detailed analysis.

The Interest Coverage ratio measures a company's ability to pay interest on its debt. Higher ratios indicate greater financial strength and lower default risk.

Interest Coverage = EBIT / Interest Expense

A 'good' varies by industry and company stage. On Eulerpool, you can compare Interest Coverage Ratio's Allegion with sector peers and the industry average to assess whether it is attractive.

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