← Allegion plc
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | |||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | |||||||||||
| Net Income (Loss) Attributable to Parent | $229.1m | $273.3m | $434.9m | $401.8m | $314.3m | $483.0m | $458.0m | $540.4m | $597.5m | $643.8m | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $231.2m | $276.7m | $435.4m | $402.1m | $314.5m | $483.3m | $458.3m | $540.6m | $597.5m | $643.8m | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | $229.1m | $273.3m | — | — | — | — | — | — | — | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | $231.2m | $276.7m | — | — | — | — | — | — | — | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | $0 | $0 | — | — | — | — | — | — | — | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | $0 | $0 | — | — | — | — | — | — | — | — | |
| Net Income (Loss) Attributable to Noncontrolling Interest | $2.1m | $3.4m | $500k | $300k | $200k | $300k | $300k | $200k | $0 | $0 | |
| Depreciation, Depletion and Amortization | $61.4m | $61.6m | $82.3m | $78.1m | $78.0m | $79.2m | $95.1m | $109.0m | $116.2m | $129.7m | |
| Amortization | — | — | $3.9m | — | — | — | — | — | — | — | |
| Amortization of Intangible Assets | $20.5m | $22.1m | $36.3m | $31.2m | $31.5m | $34.0m | $49.4m | $61.7m | $63.9m | $71.3m | |
| Capitalized Computer Software, Amortization | — | $14.3m | $15.4m | $14.5m | $13.5m | $11.5m | $12.3m | $12.9m | $14.5m | — | |
| Depreciation | $40.9m | $40.0m | $46.2m | $47.1m | $46.5m | $45.2m | $45.7m | $47.3m | $52.2m | $59.3m | |
| Depreciation, Amortization and Accretion, Net | $66.9m | $66.9m | $86.2m | $83.0m | $81.0m | $83.1m | $97.9m | $111.6m | $119.0m | $133.2m | |
| Deferred Income Tax Expense (Benefit) | $6.2m | $25.2m | ($64.7m) | ($30.2m) | ($24.4m) | ($43.8m) | ($71.3m) | ($67.6m) | ($44.2m) | ($10.2m) | |
| Share-based Payment Arrangement, Noncash Expense | $16.6m | $16.2m | $19.6m | $20.4m | $20.8m | $23.4m | $24.5m | $26.4m | $28.2m | $29.8m | |
| Share-based Payment Arrangement, Expense | $17.4m | $18.9m | $18.8m | $23.6m | $23.2m | $25.5m | $21.4m | $26.4m | $28.2m | $29.8m | |
| Goodwill and Intangible Asset Impairment | — | — | — | — | $101.7m | $0 | $0 | $7.5m | $0 | $0 | |
| Goodwill, Impairment Loss | — | — | — | — | $88.1m | — | — | — | — | — | |
| Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill) | — | — | $0 | $5.9m | $8.2m | $0 | $0 | $7.5m | $0 | $0 | |
| Marketable Securities, Realized Gain (Loss), Excluding Other-than-temporary Impairment Loss | ($12.4m) | $0 | $0 | — | — | — | — | — | — | — | |
| Equity Method Investment, Realized Gain (Loss) on Disposal | — | $5.4m | — | — | — | $6.4m | — | — | — | — | |
| Gain (Loss) on Disposition of Business | ($84.4m) | $0 | $0 | ($30.1m) | $0 | $0 | ($7.6m) | $0 | $0 | — | |
| Gain (Loss) on Disposition of Property Plant Equipment | ($1.3m) | $100k | $400k | — | — | — | — | — | — | — | |
| Gain (Loss) on Extinguishment of Debt | — | ($43.1m) | $0 | ($2.7m) | $0 | ($500k) | — | — | — | — | |
| Income (Loss) from Equity Method Investments | $0 | $0 | $0 | $0 | $300k | $6.4m | $800k | $1.0m | $1.1m | $1.6m | |
| Income Tax Expense (Benefit) | $63.8m | $119.0m | $39.8m | $73.1m | $50.9m | $40.7m | $56.2m | $76.6m | $101.3m | $124.6m | |
| Operating Lease, Expense | — | — | — | — | — | $45.4m | $48.9m | $60.9m | $64.2m | $69.1m | |
| Other Nonoperating Income (Expense) | $18.2m | $13.2m | $3.4m | ($3.8m) | $13.0m | $44.0m | $11.6m | $1.9m | $20.1m | $9.9m | |
| Income (Loss) from Equity Method Investments, Net of Dividends or Distributions | $3.2m | $5.3m | $100k | — | — | — | — | — | — | — | |
| Changes in operating assets and liabilities: | |||||||||||
| Additional Financial Items | |||||||||||
| Increase (Decrease) in Inventories | $15.6m | $4.4m | $19.7m | ($5.4m) | $7.8m | $105.6m | $61.7m | ($44.6m) | ($16.7m) | $38.9m | |
| Increase (Decrease) in Accounts Payable | $3.4m | $400k | $33.9m | ($11.0m) | ($1.6m) | $40.0m | $2.5m | ($33.6m) | $3.6m | ($34.4m) | |
| Disposal Group, Not Discontinued Operation, Gain (Loss) on Disposal | ($84.4m) | $0 | $0 | — | — | — | ($7.1m) | $0 | $0 | — | |
| Environmental Remediation Expense | $23.3m | $3.2m | $2.4m | $1.7m | $7.1m | $900k | $2.9m | $500k | $1.1m | $7.1m | |
| Foreign Currency Transaction Gain (Loss), before Tax | $2.0m | $700k | $300k | ($1.8m) | ($700k) | ($2.7m) | ($2.4m) | ($3.9m) | ($2.2m) | ($3.4m) | |
| Goodwill | $716.8m | $761.2m | $883.0m | $873.3m | $819.0m | $803.8m | $1.4b | $1.4b | $1.5b | $1.9b | |
| Investment Income, Interest | $1.9m | $1.2m | $800k | $1.8m | $900k | $400k | $1.3m | $6.8m | $20.5m | $12.0m | |
| Proceeds from Stock Options Exercised | — | $7.2m | $3.2m | $6.5m | — | — | $3.3m | $1.3m | $14.7m | $23.6m | |
| Unrealized Gain (Loss) on Investments | — | — | — | ($3.1m) | $2.0m | $25.6m | ($200k) | ($800k) | ($1.0m) | $900k | |
| Other Operating Income (Expense), Net | — | $13.2m | $3.4m | — | — | — | — | — | — | — | |
| Net Cash Provided by (Used in) Operating Activities | $377.5m | $347.2m | $457.8m | $488.2m | $490.3m | $488.6m | $459.5m | $600.6m | $675.0m | $783.8m | |
| Cash flows from investing activities: | |||||||||||
| Payments to Acquire Property, Plant, and Equipment | $42.5m | $49.3m | $49.1m | $65.6m | $47.1m | $45.4m | $64.0m | $84.2m | $92.1m | ($98.1m) | |
| Payments to Acquire Businesses, Net of Cash Acquired | $31.4m | $20.8m | $368.0m | $4.6m | $12.5m | $6.5m | $923.1m | $31.7m | $137.2m | $592.2m | |
| Payments to Acquire Investments | — | — | $14.3m | $0 | $3.0m | — | — | — | — | — | |
| Payments for (Proceeds from) Other Investing Activities | — | — | $4.5m | $7.7m | ($5.9m) | ($12.7m) | $7.0m | $13.2m | ($900k) | ($4.8m) | |
| Net Cash Provided by (Used in) Investing Activities | ($64.0m) | ($50.2m) | ($443.8m) | ($77.6m) | ($56.7m) | ($31.6m) | ($994.1m) | ($129.1m) | ($228.4m) | ($685.5m) | |
| Cash flows from financing activities: | |||||||||||
| Proceeds from Issuance of Long-term Debt | $0 | $700.0m | $0 | $0 | — | — | — | — | — | — | |
| Repayments of Long-term Debt | $47.0m | $197.3m | $35.5m | $417.7m | $100k | $238.9m | — | — | — | — | |
| Payments for Repurchase of Common Stock | $85.1m | $60.0m | $67.3m | $226.0m | $208.8m | $412.8m | $61.0m | $59.9m | $220.0m | $80.0m | |
| Payments of Ordinary Dividends, Common Stock | $46.0m | $60.9m | $79.4m | $100.6m | $117.3m | $129.0m | $143.9m | $158.7m | $167.0m | $175.3m | |
| Payments of Dividends | $0 | $0 | $0 | $0 | — | — | — | — | — | — | |
| Proceeds from (Payments for) Other Financing Activities | ($3.3m) | ($2.8m) | ($3.8m) | $0 | ($100k) | $3.3m | ($4.3m) | $1.5m | ($1.3m) | ($8.1m) | |
| Net Cash Provided by (Used in) Financing Activities | ($196.0m) | ($150.9m) | ($183.4m) | ($342.2m) | ($321.9m) | ($529.3m) | $437.0m | ($298.7m) | ($394.5m) | ($266.7m) | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | ($4.8m) | $7.7m | ($6.2m) | ($300k) | $10.0m | ($10.2m) | ($12.3m) | $7.3m | ($16.4m) | $20.8m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | ($4.8m) | $7.7m | ($175.6m) | $68.1m | $121.7m | ($82.5m) | ($109.9m) | $180.1m | $35.7m | ($147.6m) | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | $290.6m | $358.7m | $480.4m | $397.9m | $288.0m | $468.1m | $503.8m | $356.2m | |
| Restricted Cash and Investments, Current | — | — | $6.8m | — | — | — | — | — | — | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.