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AIT vs. ALLE: Applied Industrial vs. Allegion Stock Comparison

How do Applied Industrial (AIT) and Allegion (ALLE) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

Applied Industrial (AIT) and Allegion (ALLE) both fall under the Capital Goods industry group, but AIT is classified in Trading Companies & Distributors while ALLE is classified in Building Products.

Company profile comparison for Applied Industrial (AIT) and Allegion (ALLE)
Profile ItemAITALLE
NameApplied Industrial Technologies Inc.Allegion plc
Country/RegionUnited StatesIreland
GICS SectorIndustrialsIndustrials
GICS Industry GroupCapital GoodsCapital Goods
GICS IndustryTrading Companies & DistributorsBuilding Products
GICS Sub-IndustryTrading Companies & DistributorsBuilding Products
Market Capitalization10.35 billion USD15.76 billion USD
CurrencyUSDUSD
ExchangeNYSENYSE
Listing DateMarch 17, 1980November 18, 2013
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

AIT
ALLE
GSPC
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Applied Industrial (AIT) vs. Allegion (ALLE), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Applied Industrial (AIT) and Allegion (ALLE). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Applied Industrial (AIT) and Allegion (ALLE). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Applied Industrial (AIT) and Allegion (ALLE)
MetricAITALLE
Total Return (1Y)15.62%14.68%
Total Return (3Y, Annualized)24.49%24.89%
Total Return (5Y, Annualized)24.56%8.85%

Risk Profile

Drawdown History

AIT
ALLE
GSPC
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Applied Industrial (AIT) vs. Allegion (ALLE), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for Applied Industrial (AIT) and Allegion (ALLE). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Applied Industrial (AIT) and Allegion (ALLE)
MetricAITALLE
Volatility (1Y, Annualized)28.72%30.24%
Beta (5Y)0.860.81
Max Drawdown (5Y)-26.42%-33.82%
Avg. Volume (3M)295.41K1.21M

Risk-Adjusted Performance

Risk-Return Positioning

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AIT and ALLE are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Applied Industrial (AIT) and Allegion (ALLE)
MetricAITALLE
Sharpe Ratio (1Y)0.390.34
Sortino Ratio (1Y)0.530.53

Profitability

ROE (TTM)

Both Applied Industrial (AIT) at 22.51% and Allegion (ALLE) at 33.56% sit in the top peer quartile for ROE, suggesting each generates more profit from shareholders’ equity than typical industry peers.

AIT

Capital Goods industry group

22.51%

Max
40.55%
AIT
22.51%
Q3
19.29%
Median
12.12%
Q1
4.08%
Min
-17.12%

ALLE

Capital Goods industry group

33.56%

Max
40.55%
ALLE
33.56%
Q3
19.29%
Median
12.12%
Q1
4.08%
Min
-17.12%
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Applied Industrial (AIT) vs. Allegion (ALLE): A comparison of their ROE against the Capital Goods industry group benchmark.

Net Margin (TTM)

Allegion (ALLE) at 15.74% retains a top-quartile share of revenue as profit, ahead of Applied Industrial (AIT) at 8.39%, which keeps about the industry-typical share.

AIT

Capital Goods industry group

8.39%

Max
27.47%
Q3
12.10%
AIT
8.39%
Median
6.30%
Q1
1.40%
Min
-12.89%

ALLE

Capital Goods industry group

15.74%

Max
27.47%
ALLE
15.74%
Q3
12.10%
Median
6.30%
Q1
1.40%
Min
-12.89%
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Applied Industrial (AIT) vs. Allegion (ALLE): A comparison of their net margin against the Capital Goods industry group benchmark.

Operating Margin (TTM)

Allegion (ALLE) at 24.25% operates in the top operating margin quartile, ahead of Applied Industrial (AIT) at 11.12%, which runs around its industry’s norm.

AIT

Capital Goods industry group

11.12%

Max
36.60%
Q3
18.33%
AIT
11.12%
Median
11.12%
Q1
5.14%
Min
-12.63%

ALLE

Capital Goods industry group

24.25%

Max
36.60%
ALLE
24.25%
Q3
18.33%
Median
11.12%
Q1
5.14%
Min
-12.63%
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Applied Industrial (AIT) vs. Allegion (ALLE): A comparison of their operating margin against the Capital Goods industry group benchmark.

Profitability Metrics

Profitability metrics for Applied Industrial (AIT) and Allegion (ALLE)
MetricAITALLE
ROE (TTM)22.51%33.56%
ROA (TTM)11.43%11.19%
Net Margin (TTM)8.39%15.74%
Operating Margin (TTM)11.12%24.25%
Gross Margin (TTM)30.40%45.09%

Growth

Revenue Growth

Both Applied Industrial (AIT) at 8.84% and Allegion (ALLE) at 7.82% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.

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Applied Industrial (AIT) vs. Allegion (ALLE): A comparison of their Revenue Growth across different time periods.

EPS Growth

Only one side can be read here: Allegion (ALLE) reports EPS growth of 9.09%, ranked against its industry; Applied Industrial (AIT) has no EPS growth figure this period.

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Applied Industrial (AIT) vs. Allegion (ALLE): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Applied Industrial (AIT) and Allegion (ALLE)
MetricAITALLE
Revenue Growth (YoY)8.84%7.82%
Revenue Growth (3Y CAGR)4.02%7.52%
EPS Growth (YoY)--9.09%
EPS Growth (3Y CAGR)7.40%12.75%

Financial Strength

Current Ratio (MRQ)

Both Applied Industrial (AIT) at 2.89 and Allegion (ALLE) at 1.90 carry current ratio within their industries’ typical mid-ranges, suggesting balanced short-term liquidity relative to peers.

AIT

Capital Goods industry group

2.89

Max
5.22
Q3
2.95
AIT
2.89
Median
2.08
Q1
1.43
Min
0.36

ALLE

Capital Goods industry group

1.90

Max
5.22
Q3
2.95
Median
2.08
ALLE
1.90
Q1
1.43
Min
0.36
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Applied Industrial (AIT) vs. Allegion (ALLE): A comparison of their current ratio against the Capital Goods industry group benchmark.

Debt / Equity (MRQ)

Applied Industrial (AIT) at 0.15 keeps leverage in the lower industry quartile, while Allegion (ALLE) at 1.02 runs a more typical debt-to-equity mix.

AIT

Capital Goods industry group

0.15

Max
2.33
Q3
1.12
Median
0.60
Q1
0.29
AIT
0.15
Min
0.00

ALLE

Capital Goods industry group

1.02

Max
2.33
Q3
1.12
ALLE
1.02
Median
0.60
Q1
0.29
Min
0.00
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Applied Industrial (AIT) vs. Allegion (ALLE): A comparison of their debt-to-equity ratio against the Capital Goods industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Applied Industrial (AIT) and Allegion (ALLE)
MetricAITALLE
Current Ratio (MRQ)2.891.90
Debt / Equity (MRQ)0.151.02
Net Debt / EBITDA0.271.67

Dividends

Dividend Yield (TTM)

Allegion (ALLE) at 1.15% delivers top-quartile income for its industry, while Applied Industrial (AIT) at 0.71% pays a more typical yield — both are credible income propositions, ALLE the richer one.

AIT

Capital Goods industry group

0.71%

Max
2.66%
Q3
1.14%
AIT
0.71%
Median
0.24%
Q1
0.00%
Min
0.00%

ALLE

Capital Goods industry group

1.15%

Max
2.66%
ALLE
1.15%
Q3
1.14%
Median
0.24%
Q1
0.00%
Min
0.00%
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Applied Industrial (AIT) vs. Allegion (ALLE): A comparison of their dividend yield against the Capital Goods industry group benchmark.

Dividend Payout Ratio (TTM)

Both Applied Industrial (AIT) at 17.63% and Allegion (ALLE) at 26.87% keep payout ratio within their industries’ typical mid-ranges — dividend policies that share earnings without consuming too much of them.

AIT

Capital Goods industry group

17.63%

Max
67.39%
Q3
28.02%
AIT
17.63%
Median
6.86%
Q1
0.00%
Min
0.00%

ALLE

Capital Goods industry group

26.87%

Max
67.39%
Q3
28.02%
ALLE
26.87%
Median
6.86%
Q1
0.00%
Min
0.00%
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Applied Industrial (AIT) vs. Allegion (ALLE): A comparison of their payout ratio against the Capital Goods industry group benchmark.

Dividend Metrics

Dividend metrics for Applied Industrial (AIT) and Allegion (ALLE)
MetricAITALLE
Dividend Yield (TTM)0.71%1.15%
Dividend Payout Ratio (TTM)17.63%26.87%

Valuation

P/E Ratio (TTM)

Both Applied Industrial (AIT) at 25.10 and Allegion (ALLE) at 23.06 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.

AIT

Capital Goods industry group

25.10

Max
59.38
Q3
35.92
Median
25.41
AIT
25.10
Q1
19.47
Min
3.03

ALLE

Capital Goods industry group

23.06

Max
59.38
Q3
35.92
Median
25.41
ALLE
23.06
Q1
19.47
Min
3.03
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Applied Industrial (AIT) vs. Allegion (ALLE): A comparison of their P/E ratio against the Capital Goods industry group benchmark.

P/S Ratio (TTM)

On P/S ratio, both Applied Industrial (AIT) at 2.05 and Allegion (ALLE) at 3.59 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.

AIT

Capital Goods industry group

2.05

Max
7.54
Q3
3.76
Median
2.15
AIT
2.05
Q1
1.03
Min
0.03

ALLE

Capital Goods industry group

3.59

Max
7.54
Q3
3.76
ALLE
3.59
Median
2.15
Q1
1.03
Min
0.03
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Applied Industrial (AIT) vs. Allegion (ALLE): A comparison of their P/S ratio against the Capital Goods industry group benchmark.

P/B Ratio (MRQ)

Both Applied Industrial (AIT) at 5.50 and Allegion (ALLE) at 7.20 carry a premium to book value versus peers, sitting in the upper P/B ratio quartile of their industries.

AIT

Capital Goods industry group

5.50

Max
9.66
AIT
5.50
Q3
5.00
Median
3.12
Q1
1.81
Min
-1.08

ALLE

Capital Goods industry group

7.20

Max
9.66
ALLE
7.20
Q3
5.00
Median
3.12
Q1
1.81
Min
-1.08
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Applied Industrial (AIT) vs. Allegion (ALLE): A comparison of their P/B ratio against the Capital Goods industry group benchmark.

Valuation Metrics

Valuation metrics for Applied Industrial (AIT) and Allegion (ALLE)
MetricAITALLE
P/E Ratio (TTM)25.1023.06
P/S Ratio (TTM)2.053.59
P/B Ratio (MRQ)5.507.20
Free Cash Flow Yield (TTM)3.24%3.69%