Allegion Plc ALLE

Company Overview

Allegion plc is a global provider of security products and solutions focused on securing people and property. The company operates primarily within the building security, access control, and safety solutions industries, serving both mechanical and electronic security markets. Allegion’s offerings are used in residential, commercial, institutional, and industrial buildings, with a strong emphasis on non-residential end markets such as education, healthcare, government, and commercial facilities.

The company’s primary revenue drivers are mechanical locks, electronic access control systems, credentials, and related software and services. Allegion holds a differentiated market position through a portfolio of well-established brands, a strong distribution network, and long-standing relationships with architects, security professionals, and institutional customers. Allegion was formed in 2013 through the spin-off of Ingersoll Rand’s security technologies business and has since operated as an independent, publicly traded company focused exclusively on access and safety solutions.