Allegion PLC (ALLE)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 780,700 | 708,400 | 586,400 | 530,200 | 403,500 |
| Revenue | US$ in thousands | 3,772,200 | 3,650,800 | 3,271,900 | 2,867,400 | 2,719,900 |
| Operating profit margin | 20.70% | 19.40% | 17.92% | 18.49% | 14.84% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $780,700K ÷ $3,772,200K
= 20.70%
Allegion PLC's operating profit margin has shown a positive trend over the five-year period from December 31, 2020, to December 31, 2024. The margin increased from 14.84% in 2020 to 20.70% in 2024. This suggests that the company has been able to improve the efficiency of its operations and effectively manage its costs to generate a higher proportion of operating profit relative to its revenue. The consistent growth in operating profit margin indicates a strengthening financial performance and may reflect the company's ability to sustain profitability over time. Overall, Allegion PLC's operating profit margin demonstrates a positive trajectory, signaling improved operational effectiveness and potentially a competitive advantage in its industry.