Allegion plc

Allegion plc is a global provider of security products and solutions, operating through two segments: Allegion Americas and Allegion International. The company offers a wide range of products including door controls, exit devices, locks, locksets, portable locks, key systems, and electronic security products such as access control systems. It also provides doors, glass and door systems, and accessories. Additionally, Allegion offers services and software, including inspection, maintenance, and repair services for automatic entrance solutions, as well as software-as-a-service for access control, platform integration, and workforce management. Its products are sold under well-known brands like CISA, Interflex, LCN, Schlage, SimonsVoss, and Von Duprin.

Allegion plc is listed on the New York Stock Exchange (NYSE) under the ticker symbol ALLE. The company trades in US Dollars (USD), as its primary listing is in the United States. Although Allegion is incorporated in Ireland, its shares are traded on a US exchange, making it accessible to investors in the US and globally. The use of USD as the trading currency aligns with the company's significant operations in the Americas, which is one of its two main reporting segments.

Allegion plc operates in the Industrials sector, specifically within the Security & Protection Services industry. This industry focuses on providing products and solutions that enhance safety and security for commercial, institutional, and residential facilities. As a security and protection services company, Allegion manufactures and sells a variety of physical security products, such as locks, door controls, and access control systems, as well as related services and software. The company's offerings are essential for protecting people and assets in settings like education, healthcare, government, hospitality, retail, and commercial offices.

Allegion plc is headquartered in Dublin, Ireland, but it serves a global market. The company operates through two segments: Allegion Americas and Allegion International. Its products and solutions are sold to end-users in commercial, institutional, and residential facilities across various sectors, including education, healthcare, government, hospitality, retail, commercial office, and single and multi-family residential markets. Allegion reaches its customers through distribution and retail channels such as specialty distribution, e-commerce, wholesalers, do-it-yourself home improvement centers, online platforms, and small specialty showroom outlets.

Allegion plc generates revenue through the sale of security products and solutions, as well as related services and software. The company's product portfolio includes door controls, exit devices, locks, locksets, electronic security products, access control systems, doors, glass and door systems, and accessories. It also offers services such as inspection, maintenance, and repair for automatic entrance solutions, and software-as-a-service for access control, platform integration, and workforce management. Revenue is derived from both product sales and ongoing aftermarket services, including design and installation offerings. The company sells through multiple channels, including distribution, retail, and e-commerce, to a diverse customer base across commercial, institutional, and residential markets.