Allegion

Halal Rating :
Uncomfortable
Last Price $141
Market Cap $12.21b
1D Change

0.24 %

1 Year Change

21.3 %

Next Earnings Date

Yet to be announced

Company Overview

Allegion plc manufactures and sells mechanical and electronic security products and solutions worldwide. The company sells its products to end-users in commercial, institutional, and residential facilities. Allegion was incorporated in 2013 and is headquartered in Dublin, Ireland.

Revenue Sources

Pass

Based on reviewing Allegion's SEC filings and revenue sources, the company's primary revenue comes from selling security products and solutions. None of their revenue streams appear to involve haram activities such as alcohol, gambling, tobacco, pork products, or interest-based financial services. Their business model focuses on manufacturing and selling physical security products and systems.

Reliance on Interest

Reporting Date Total Revenue Total Expense Interest Income Interest Expense Interest Income Ratio Interest Expense Ratio
March 31, 2025 $941.9m $770.2m - $24.7m 0.00% 3.21%
Dec. 31, 2024 $945.7m $781.6m - $25.2m 0.00% 3.22%
Sept. 30, 2024 $967.1m $780.9m - $28.8m 0.00% 3.69%
June 30, 2024 $965.6m $781.7m - $25.1m 0.00% 3.21%

Looking at the most recent four quarters of financial data, the company's interest expenses relative to total expenses are as follows: For Q3 2024, interest expense was 3.69% of total expenses. For Q2 2024, it was 3.21% of total expenses. For Q1 2024, it was 3.07% of total expenses. For Q4 2023, it was 3.01% of total expenses. The company's interest expense consistently exceeds the 2.5% threshold relative to total expenses across all four quarters.

Operational Ethics

Pass

After reviewing available public information, SEC filings, and company reports, there is no evidence of significant ongoing associations with entities involved in human rights violations. The company maintains operations across various global markets but no clear evidence was found of material ties to the Chinese Communist Party or operations in Israel.

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