# Allegion **Source:** https://geo.sig.ai/brands/allegion **Vertical:** Manufacturing **Subcategory:** Enterprise **Tier:** Leader **Website:** allegion.com **Last Updated:** 2026-04-14 ## Summary Dublin physical security and access control (NYSE: ALLE) at $3.8B 2024 revenue; Q2 2025 record $1B+ quarterly with Salto Systems and Gatewise acquisitions expanding electronic access competing with ASSA ABLOY for global door security. ## Company Overview Allegion plc is a Dublin, Ireland-headquartered global security products company — publicly traded on the New York Stock Exchange (NYSE: ALLE) as an S&P 500 component — generating $3.8 billion in revenue in 2024 and setting a quarterly revenue record exceeding $1 billion in Q2 2025 for the first time in company history, with approximately 14,400 employees across operations in 130+ countries. Allegion's portfolio spans 25+ brands including Schlage (US residential and commercial locks), Von Duprin (exit devices since 1908), LCN (door closers since 1876), CISA (European locks), SimonsVoss (wireless electronic locking), and Interflex (workforce management). The company generates 75%+ of sales in the United States. CEO John H. Stone. Allegion was spun off from Ingersoll Rand on December 1, 2013, joining the NYSE and S&P 500 on the same day. Recent acquisitions include Salto Systems (2024, cloud-connected access control), Gatewise (2025, multifamily access control), and ELATEC (2025 pending, RFID/NFC reader technology). Allegion's access control and security product portfolio addresses the physical security infrastructure requirements for commercial, institutional, and residential buildings across the building lifecycle: healthcare facilities, university campuses, commercial office buildings, and multifamily housing require door hardware (locks, closers, exit devices), access control readers (credential management for employees and residents), and integrated security management platforms that control access at every doorway while providing audit trails for compliance and security investigation. Allegion's electronic access control transition (moving commercial buildings from mechanical keys to credential-based systems with SimonsVoss wireless locks, CISA electronic cylinders, and Schlage electronic locks integrated through cloud management platforms) serves the macro trend toward keyless access management that reduces rekeying costs when credentials change and enables remote access management for facilities managers. In 2025, Allegion competes in the physical security, access control, and commercial door hardware market with ASSA ABLOY (OMX: ASSA-B, global leader in door opening solutions, €13B+ revenue), dormakaba (SIX: DOKA, access control and door systems, €3B+ revenue), and HID Global (ASSA ABLOY subsidiary, access credentials and readers) for commercial building specification, institutional security infrastructure contracts, and multifamily property access control upgrades. The Salto Systems acquisition (cloud-connected access control for hospitality, multi-tenant office, and student housing) expands Allegion's electronic access control market beyond its traditional North American mechanical hardware base into the European access control market where Salto has strong hospitality penetration. The Q2 2025 record quarterly revenue demonstrates execution of the growth strategy through market share gains in electronic security alongside the core mechanical door hardware replacement cycle. The 2025 strategy focuses on growing the Allegion Access 360 platform (integrating electronic access, visitor management, and occupancy analytics), expanding the multifamily residential access control segment (Gatewise provides building entry and unit access for apartment communities), and completing the ELATEC acquisition to strengthen RFID/NFC credential technology. ## Frequently Asked Questions ### What does Allegion do? Allegion is a global provider of security products and solutions specializing in seamless access and safety around the doorway and beyond. The company manufactures and sells locks, door closers, exit devices, steel doors and frames, electronic access control systems, and workforce productivity solutions through 25+ brands including Schlage, LCN, Von Duprin, SimonsVoss, and ISONAS. ### When was Allegion founded? Allegion was formed on December 1, 2013 through a spin-off from Ingersoll Rand Plc, becoming an independent, publicly traded company on the New York Stock Exchange. However, the company's heritage brands date back over a century, with LCN founded in 1876, Von Duprin in 1908, and Schlage operating for over 90 years. ### Where is Allegion headquartered? Allegion is headquartered in Dublin, Ireland, with regional corporate offices in Carmel, Indiana, United States (Americas), Brussels, Belgium (EMEA), and Shanghai, China (Asia-Pacific). The company employs approximately 14,400 people globally. ### Who is Allegion's CEO? John H. Stone serves as President and Chief Executive Officer of Allegion. He became CEO in 2022, succeeding founding CEO David Petratis. Under Stone's leadership, Allegion delivered record $3.8 billion in revenue and record adjusted EPS of $7.53 in 2024. ### What is Allegion's revenue? Allegion reported record revenue of $3.8 billion in 2024, with Q2 2025 marking the first quarter with revenue exceeding $1 billion. The company expects full-year 2025 revenues to increase 1% to 3% on a reported basis and 1.5% to 3.5% organically. Over 75% of sales are generated in the United States. ### What makes Allegion different from competitors? Allegion differentiates through its portfolio of 25+ trusted brands with century-long heritages, comprehensive product range from mechanical to electronic solutions, exceptional workplace culture (two-time Gallup Exceptional Workplace Award winner), and strategic acquisitions integrating cutting-edge technologies like cloud-based access control and smart building solutions. ### Who are Allegion's main competitors? Allegion's main competitors include ASSA ABLOY (global leader in access solutions), dormakaba, Stanley Black & Decker's security division, Honeywell International, and Johnson Controls. The access control market is consolidated with the top five players holding approximately 70-80% of total market share. ### How many employees does Allegion have? Allegion has approximately 14,400 total employees globally as of 2024. The company has been recognized as a 2024 and 2025 Gallup Exceptional Workplace Award winner, one of the most engaged workplaces in the world and the first manufacturing company to earn this distinction. ### What are Allegion's recent acquisitions? Recent acquisitions include Gatewise (July 2025) - smart access for multifamily market; ELATEC (announced 2025, €330M) - RFID credentials and readers; UAP and Bressant (2025) - UK-based businesses; Elitech and WeightWhile (Q3 2025); and Salto Systems (2024) - electronic access control. ### Is Allegion publicly traded? Yes, Allegion is publicly traded on the New York Stock Exchange under ticker symbol ALLE. The company joined the S&P 500 on December 1, 2013, replacing JC Penney, when it spun off from Ingersoll Rand. ### What is Allegion's workplace culture? Allegion has exceptional workplace culture, earning the prestigious Gallup Exceptional Workplace Award in both 2024 and 2025 as one of the first manufacturing companies ever to achieve this recognition. The company maintains a strengths-based culture with Gallup Q12 GrandMean score of 4.08 and aspires to reach top quartile by 2030. ### How can I contact Allegion? You can contact Allegion through their website at www.allegion.com or regional offices in Carmel, Indiana (Americas), Brussels, Belgium (EMEA), or Shanghai, China (Asia-Pacific). The company serves commercial, institutional, residential, and government customers globally through its network of brands and distribution partners. ## Tags b2b, hardware, manufacturing, public, global, enterprise --- *Data from geo.sig.ai Brand Intelligence Database. Updated 2026-04-14.*