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Allegion (Allegion) 5-Year ROIIC % : 10.67% (As of Dec. 2023)


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What is Allegion 5-Year ROIIC %?

5-Year Return on Invested Incremental Capital (5-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 5-year. Allegion's 5-Year ROIIC % for the quarter that ended in Dec. 2023 was 10.67%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Allegion's 5-Year ROIIC % or its related term are showing as below:

ALLE's 5-Year ROIIC % is ranked better than
63.86% of 974 companies
in the Business Services industry
Industry Median: 3.875 vs ALLE: 10.67

Allegion 5-Year ROIIC % Historical Data

The historical data trend for Allegion's 5-Year ROIIC % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Allegion 5-Year ROIIC % Chart

Allegion Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
5-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 34.48 49.76 27.14 12.60 10.67

Allegion Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
5-Year ROIIC % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - 10.67 -

Competitive Comparison of Allegion's 5-Year ROIIC %

For the Security & Protection Services subindustry, Allegion's 5-Year ROIIC %, along with its competitors' market caps and 5-Year ROIIC % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Allegion's 5-Year ROIIC % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Allegion's 5-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Allegion's 5-Year ROIIC % falls into.



Allegion 5-Year ROIIC % Calculation

Allegion's 5-Year ROIIC % for the quarter that ended in Dec. 2023 is calculated as:

5-Year ROIIC %=5-Year Incremental Net Operating Profit After Taxes (NOPAT)**/5-Year Incremental Invested Capital**
=( 627.05681 (Dec. 2023) - 481.73796 (Dec. 2018) )/( 3498 (Dec. 2023) - 2136.2 (Dec. 2018) )
=145.31885/1361.8
=10.67%***

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

** Annual data of NOPAT and Invested Capital was used to calculate 5-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.


Allegion  (NYSE:ALLE) 5-Year ROIIC % Explanation

Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.

High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

Be Aware

It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.


Allegion 5-Year ROIIC % Related Terms

Thank you for viewing the detailed overview of Allegion's 5-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.


Allegion (Allegion) Business Description

Traded in Other Exchanges
Address
Harcourt Road, Iveagh Court, Block D, Dublin 2, IRL, D02 VH94
Allegion is a global security products company with a portfolio of leading brands such as Schlage, Von Duprin, and LCN. The Ireland-domiciled company was created via a spinoff transaction from Ingersoll-Rand in December 2013. In fiscal 2022, Allegion generated 73% of sales in the United States. The company mainly competes with Sweden-based Assa Abloy and Switzerland-based Dormakaba.
Executives
Robert C. Martens officer: SVP Chief Innovation & Design C/O SCHLAGE LOCK COMPANY LLC, 11819 N. PENNSYLVANIA STREET, CARMEL IN 46032
Sue Main director TELEDYNE TECHNOLOGIES INCORPORATED, 1049 CAMINO DOS RIOS, THOUSAND OAKS CA 91360
Jennifer L Preczewski officer: VP ? Chief HR Officer C/O SCHLAGE LOCK COMPANY LLC, 11819 N. PENNSYLVANIA STREET, CARMEL IN 46032
John H Stone director, officer: President and CEO C/O SCHLAGE LOCK COMPANY LLC, 11819 N. PENNSYLVANIA STREET, CARMEL IN 46032
Jeffrey N Braun officer: SVP & General Counsel C/O SCHLAGE LOCK COMPANY LLC, 11819 N. PENNSYLVANIA STREET, CARMEL IN 46032
Ellen Rubin director 11 CLEMENTS ROAD, NEWTON MA 02458
Timothy P Eckersley officer: Sr. VP-Allegion International C/O SCHLAGE LOCK COMPANY, LLC, 11819 N. PENNSYLVANIA STREET, CARMEL IN 46032
Tracy L Kemp officer: Sr. Vice President C/O SCHLAGE LOCK COMPANY LLC, 11819 N PENNSYLVANIA ST, CARMEL IN 46032
Michael J. Wagnes officer: Sr. VP & CFO C/O SCHLAGE LOCK COMPANY LLC, 11819 N. PENNSYLVANIA STREET, CARMEL IN 46032
David S. Ilardi officer: SVP - Allegion Americas C/O SCHLAGE LOCK COMPANY LLC, 11819 N. PENNSYLVANIA STREET, CARMEL IN 46032
Nickolas A. Musial officer: VP, Controller & CAO C/O SCHLAGE LOCK COMPANY LLC, 11819 N. PENNSYLVANIA STREET, CARMEL IN 46032
David D Petratis officer: President & CEO 1415 ROSELLE ROAD, PALATINE IL 60067
Douglas P Ranck officer: V. President/Controller C/O SCHLAGE LOCK COMPANY, LLC, 11819 N. PENNSYLVANIA STREET, CARMEL IN 46032
Patrick S Shannon director, officer: Sr. V. President & CFO C/O SCHLAGE LOCK COMPANY, LLC, 11819 N. PENNSYLVANIA STREET, CARMEL IN 46032
Lauren B Peters director FOOT LOCKER INC, 112 WEST 34TH STREET 4TH FL, NEW YORK NY 10120

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