Adjusted earnings per share rose 4.1% to $2.04, driven by operational performance and accretive capital deployment but partially offset by higher tax.
Adjusted operating margin was 23.7%, flat year-over-year, with segment margin expansion offset by increased corporate expenses.
Allegion reported Q2 2025 revenue exceeding $1 billion, a 5.8% increase compared to 2024, with organic revenue growth of 3.2%.
Americas segment revenue grew 6.6% reported and 4.5% organic, with nonresidential business growing high single digits organically and residential declining mid-single digits.
International segment revenue increased 2.9% reported but declined 2.2% organically, with electronic businesses growing but mechanical portfolio pressured.
Net debt to adjusted EBITDA ratio remained healthy at 1.5x.
Year-to-date available cash flow was $275.4 million, up 56.5%, supported by higher earnings, lower capital expenditures, and improved working capital.
Dafinchi