Allegion PLC (ALLE)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 780,700 | 755,800 | 733,900 | 709,500 | 708,400 | 708,100 | 677,900 | 640,400 | 586,400 | 542,100 | 517,600 | 515,900 | 530,200 | 532,800 | 554,800 | 505,900 | 403,500 | 429,100 | 436,800 | 486,000 |
| 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 |
| Operating profit margin | 20.70% | 20.30% | 19.97% | 19.59% | 19.40% | 19.59% | 18.77% | 18.45% | 17.92% | 17.38% | 17.71% | 17.81% | 18.49% | 18.46% | 19.15% | 18.47% | 14.84% | 15.82% | 15.99% | 16.91% |
December 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $780,700K ÷ $3,772,200K
= 20.70%
Allegion PLC's operating profit margin has shown a relatively stable trend over the past five years, with fluctuations within a moderate range. The margin ranged from 14.84% to 20.70% during the period from December 31, 2020, to December 31, 2024. The company achieved its highest operating profit margin of 20.70% by the end of December 2024.
Overall, Allegion PLC has been able to maintain healthy operating profit margins above 15% throughout the period, showing efficient cost management and profitability in its operations. The increasing trend in the latter years indicates improving operational efficiency and profitability, which is a positive signal for investors and stakeholders.
It's important to continue monitoring the operating profit margin to ensure long-term sustainability and value creation for the company and its shareholders.