Allegion PLC (ALLE)
Net profit margin
Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
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Net income (ttm) | US$ in thousands | 597,500 | 572,000 | 554,100 | 540,700 | 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 |
Revenue (ttm) | US$ in thousands | 3,772,200 | 3,724,000 | 3,674,800 | 3,621,700 | 3,650,800 | 3,614,900 | 3,610,700 | 3,471,300 | 3,271,900 | 3,119,600 | 2,922,900 | 2,896,700 | 2,867,400 | 2,885,500 | 2,896,900 | 2,739,500 | 2,719,900 | 2,712,100 | 2,732,000 | 2,873,700 |
Net profit margin | 15.84% | 15.36% | 15.08% | 14.93% | 14.80% | 15.41% | 14.27% | 14.07% | 14.00% | 13.96% | 15.89% | 16.16% | 16.84% | 16.06% | 16.12% | 15.40% | 11.56% | 11.12% | 10.48% | 11.21% |
December 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $597,500K ÷ $3,772,200K
= 15.84%
Based on the provided data, Allegion PLC's net profit margin has exhibited some fluctuations over the reporting periods. The net profit margin, which represents the percentage of revenue that translates into profit after all expenses have been deducted, ranged from a low of 10.48% in June 2020 to a peak of 16.84% in December 2021.
The trend shows an overall improvement in net profit margin from the second quarter of 2020 through the second quarter of 2021, with margins consistently increasing. However, there was a slight decline in the net profit margin in the third quarter of 2021, before showing a recovery in the following quarters.
In the most recent period ending December 2024, the net profit margin stood at 15.84%, reflecting a steady performance. The average net profit margin over the entire period was approximately 14.95%.
Investors and stakeholders may view Allegion PLC's net profit margin positively, as it signifies the company's ability to generate profit relative to its revenue. A higher net profit margin indicates better efficiency in cost management and could be a positive indicator of the company's financial health and profitability. It is essential to continue monitoring the trend in net profit margin to assess the company's financial performance over time.