Allegion PLC (ALLE)
Net profit margin
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 540,400 | 557,100 | 515,400 | 488,500 | 458,000 | 435,500 | 464,400 | 468,000 | 483,000 | 463,500 | 466,900 | 421,900 | 314,300 | 301,700 | 286,400 | 322,000 | 401,800 | 453,900 | 438,300 | 442,900 |
| Revenue (ttm) | US$ in thousands | 3,553,800 | 3,529,000 | 3,524,800 | 3,385,400 | 3,186,000 | 3,072,600 | 2,875,900 | 2,849,700 | 2,820,400 | 2,833,700 | 2,845,100 | 2,687,700 | 2,668,100 | 2,621,500 | 2,641,400 | 2,783,100 | 2,763,400 | 2,783,600 | 2,746,800 | 2,720,300 |
| Net profit margin | 15.21% | 15.79% | 14.62% | 14.43% | 14.38% | 14.17% | 16.15% | 16.42% | 17.13% | 16.36% | 16.41% | 15.70% | 11.78% | 11.51% | 10.84% | 11.57% | 14.54% | 16.31% | 15.96% | 16.28% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $540,400K ÷ $3,553,800K
= 15.21%
The net profit margin of Allegion plc has shown some fluctuations over the past eight quarters. In Q4 2023, the net profit margin was 14.80%, slightly lower than Q3 2023 at 15.41%. However, both quarters still reflect a healthy profitability level. Comparing the current performance to the same period last year, there has been a slight improvement as Q4 2023 margin of 14.80% is higher than Q4 2022 margin of 14.00%. Overall, Allegion plc has maintained relatively stable profitability levels, with margins ranging between 13.96% and 16.16% over the analyzed quarters. This indicates the company's ability to efficiently control costs and generate profits from its operations.