Allegion PLC
ALLE: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| DqF | LOCK|!X | LOCK|>%&<##d |
Allegion Earnings: Margin Expansion Continues Despite International Headwinds; Shares Undervalued
Allegion's fourth-quarter organic revenue increased 3.5% year over year driven by solid growth across residential and nonresidential markets in the Americas. Consolidated adjusted operating margin expanded 10 basis points to 22.1% even with margin pressure from the international segment.
