Allegion Reports Strong Q3 2026 Results with Raised Full-Year Guidance
Allegion (ALLE) delivered a strong third quarter for 2026, reporting revenue of $1,172.6 million, a 9.6% increase on a reported basis. Growth was primarily driven by volume and price realization in the Americas segment, particularly within nonresidential markets and electronics. Adjusted EPS rose 13% year-over-year to $2.60, supported by an expanded adjusted operating margin of 24.7%. Despite robust performance in the Americas, the company faced headwinds in its International segment, which saw a slight organic decline due to volume weakness in Western Europe and Germany. However, management raised its full-year outlook for both revenue and adjusted EPS, citing strong organic growth trends and recent acquisitions like Overly Door Company. The company also continues to invest in AI-driven security through follow-on investments in Ambient.ai.
Tickers: $ALLE
Topics: EPS Increase Guidance Raise Operating Margin Expansion Revenue Growth Segment Performance