Allegion (ALLE) FY2021 results: revenue $2.9 billion, up 5.4% on the year
Allegion plc (ALLE) reported revenue of $2.9 billion for fiscal 2021, the year ended 31 December 2021, up 5.4% on the year before. Net income was $483 million, up 53.7%, and diluted earnings per share $5.34. The figures are the company's own, from the 10-K it filed with the SEC on 15 February 2022.
Revenue
$2.9 billion
+5.4% on the year
FY2014FY2021
Operating margin
18.5%
14.8% a year earlier
FY2014FY2021
Net income
$483 million
+53.7% on the year
FY2014FY2021
Diluted EPS
$5.34
+57.5% on the year
FY2014FY2021
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Operating cash flow
489
490
488
-0.3%
Capital expenditure
45.4
47.1
65.6
-3.6%
Free cash flow
443
443
423
0.0%
Free cash flow margin
15.5%
16.3%
14.8%
Cash from investing
-31.6
-56.7
-77.6
Cash from financing
-529
-322
-342
Depreciation and amortisation
79.2
78.0
78.1
+1.5%
Share-based compensation
23.4
20.8
20.4
+12.5%
Buybacks
413
209
226
+97.7%
Dividends paid
129
117
101
+10.0%
Dividend per share
$1.44
$1.28
$1.08
+12.5%
Diluted shares, weighted
90m
93m
94m
-2.5%
Shares outstanding at period end
88m
91m
93m
-3.3%
Balance sheet
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Shareholders' equity
759
829
757
-8.5%
Non-controlling interest
3.3
3.2
3.0
+3.1%
Debt
1,442
1,429
1,428
+0.9%
Operating lease liabilities
63.3
66.3
55.6
-4.5%
Other liabilities
783
741
724
+5.7%
Total liabilities and equity
3,051
3,069
2,967
-0.6%
Fixed assets
284
295
291
-3.8%
Goodwill
804
819
873
-1.9%
Intangible assets
448
487
511
-8.1%
Cash and equivalents
398
480
355
-17.2%
Receivables
283
322
330
-12.0%
Inventory
380
283
270
+34.4%
Other assets
454
383
337
+18.6%
Total assets
3,051
3,069
2,967
-0.6%
10-K for the year ended 31 December 2021, filed 15 February 2022: the filing.