ALLE vs. CMI: Allegion vs. Cummins Stock Comparison

November 11, 2026

How do Allegion (ALLE) and Cummins (CMI) 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

Allegion (ALLE) and Cummins (CMI) both fall under the Capital Goods industry group, but ALLE is classified in Building Products while CMI is classified in Machinery.

Company profile comparison for Allegion (ALLE) and Cummins (CMI)
Profile Item	ALLE	CMI
Name	Allegion plc	Cummins Inc.
Country/Region	Ireland	United States
GICS Sector	Industrials	Industrials
GICS Industry Group	Capital Goods	Capital Goods
GICS Industry	Building Products	Machinery
GICS Sub-Industry	Building Products	Construction Machinery & Heavy Transportation Equipment
Market Capitalization	15.76 billion USD	61.69 billion USD
Currency	USD	USD
Exchange	NYSE	NYSE
Listing Date	November 18, 2013	February 21, 1973
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

ALLE

CMI

GSPC

Allegion (ALLE) vs. Cummins (CMI), 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 Allegion (ALLE) and Cummins (CMI). Returns over one year are annualized.

Calendar-Year Returns

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

Performance Metrics

Price performance metrics for Allegion (ALLE) and Cummins (CMI)
Metric	ALLE	CMI
Total Return (1Y)	14.68%	-0.52%
Total Return (3Y, Annualized)	24.89%	31.79%
Total Return (5Y, Annualized)	8.85%	17.12%

Risk Profile

Drawdown History

ALLE

CMI

GSPC

Allegion (ALLE) vs. Cummins (CMI), 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 Allegion (ALLE) and Cummins (CMI). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Allegion (ALLE) and Cummins (CMI)
Metric	ALLE	CMI
Volatility (1Y, Annualized)	30.24%	36.83%
Beta (5Y)	0.81	1.26
Max Drawdown (5Y)	-33.82%	-38.12%
Avg. Volume (3M)	1.21M	1.14M

Risk-Adjusted Performance

Risk-Return Positioning

ALLE and CMI 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 Allegion (ALLE) and Cummins (CMI)
Metric	ALLE	CMI
Sharpe Ratio (1Y)	0.34	-0.13
Sortino Ratio (1Y)	0.53	-0.18

Profitability

ROE (TTM)

Both Allegion (ALLE) at 33.56% and Cummins (CMI) at 25.05% sit in the top peer quartile for ROE, suggesting each generates more profit from shareholders’ equity than typical industry peers.

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%

CMI

Capital Goods industry group

25.05%

Max: 40.55%
CMI: 25.05%
Q3: 19.29%
Median: 12.12%
Q1: 4.08%
Min: -17.12%

Allegion (ALLE) vs. Cummins (CMI): 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 Cummins (CMI) at 9.26%, which keeps about the industry-typical share.

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%

CMI

Capital Goods industry group

9.26%

Max: 27.47%
Q3: 12.10%
CMI: 9.26%
Median: 6.30%
Q1: 1.40%
Min: -12.89%

Allegion (ALLE) vs. Cummins (CMI): 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 Cummins (CMI) at 13.95%, which runs around its industry’s norm.

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%

CMI

Capital Goods industry group

13.95%

Max: 36.60%
Q3: 18.33%
CMI: 13.95%
Median: 11.12%
Q1: 5.14%
Min: -12.63%

Allegion (ALLE) vs. Cummins (CMI): A comparison of their operating margin against the Capital Goods industry group benchmark.

Profitability Metrics

Profitability metrics for Allegion (ALLE) and Cummins (CMI)
Metric	ALLE	CMI
ROE (TTM)	33.56%	25.05%
ROA (TTM)	11.19%	7.60%
Net Margin (TTM)	15.74%	9.26%
Operating Margin (TTM)	24.25%	13.95%
Gross Margin (TTM)	45.09%	26.32%

Growth

Revenue Growth

Allegion (ALLE) at 7.82% is around its peer norm for revenue growth, while Cummins (CMI) at -1.27% drops into the bottom quartile, signaling weaker demand or pricing momentum.

Allegion (ALLE) vs. Cummins (CMI): A comparison of their Revenue Growth across different time periods.

EPS Growth

Allegion (ALLE) at 9.09% is around its peer norm for EPS growth, while Cummins (CMI) at -27.74% drops into the bottom quartile, signaling weaker earnings momentum.

Allegion (ALLE) vs. Cummins (CMI): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Allegion (ALLE) and Cummins (CMI)
Metric	ALLE	CMI
Revenue Growth (YoY)	7.82%	-1.27%
Revenue Growth (3Y CAGR)	7.52%	6.25%
EPS Growth (YoY)	9.09%	-27.74%
EPS Growth (3Y CAGR)	12.75%	10.68%

Financial Strength

Current Ratio (MRQ)

Both Allegion (ALLE) at 1.90 and Cummins (CMI) at 1.74 carry current ratio within their industries’ typical mid-ranges, suggesting balanced short-term liquidity relative to peers.

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

CMI

Capital Goods industry group

1.74

Max: 5.22
Q3: 2.95
Median: 2.08
CMI: 1.74
Q1: 1.43
Min: 0.36

Allegion (ALLE) vs. Cummins (CMI): A comparison of their current ratio against the Capital Goods industry group benchmark.

Debt / Equity (MRQ)

Both Allegion (ALLE) at 1.02 and Cummins (CMI) at 0.52 fund their balance sheets with roughly industry-typical debt-to-equity mixes.

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

CMI

Capital Goods industry group

0.52

Max: 2.33
Q3: 1.12
Median: 0.60
CMI: 0.52
Q1: 0.29
Min: 0.00

Allegion (ALLE) vs. Cummins (CMI): A comparison of their debt-to-equity ratio against the Capital Goods industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Allegion (ALLE) and Cummins (CMI)
Metric	ALLE	CMI
Current Ratio (MRQ)	1.90	1.74
Debt / Equity (MRQ)	1.02	0.52
Net Debt / EBITDA	1.67	0.62

Dividends

Dividend Yield (TTM)

Both Allegion (ALLE) at 1.15% and Cummins (CMI) at 1.83% offer top-quartile dividend income relative to share price within their industries.

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%

CMI

Capital Goods industry group

1.83%

Max: 2.66%
CMI: 1.83%
Q3: 1.14%
Median: 0.24%
Q1: 0.00%
Min: 0.00%

Allegion (ALLE) vs. Cummins (CMI): A comparison of their dividend yield against the Capital Goods industry group benchmark.

Dividend Payout Ratio (TTM)

Allegion (ALLE) at 26.87% pays out a band-typical share of earnings, while Cummins (CMI) at 34.21% distributes more than its industry norm — less retained, thinner cover.

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%

CMI

Capital Goods industry group

34.21%

Max: 67.39%
CMI: 34.21%
Q3: 28.02%
Median: 6.86%
Q1: 0.00%
Min: 0.00%

Allegion (ALLE) vs. Cummins (CMI): A comparison of their payout ratio against the Capital Goods industry group benchmark.

Dividend Metrics

Dividend metrics for Allegion (ALLE) and Cummins (CMI)
Metric	ALLE	CMI
Dividend Yield (TTM)	1.15%	1.83%
Dividend Payout Ratio (TTM)	26.87%	34.21%

Valuation

P/E Ratio (TTM)

Cummins (CMI) at 18.78 sits in the cheaper P/E ratio quartile, while Allegion (ALLE) at 23.06 is closer to its industry’s usual earnings multiple — a discount for CMI, though growth and earnings durability still matter.

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

CMI

Capital Goods industry group

18.78

Max: 59.38
Q3: 35.92
Median: 25.41
Q1: 19.47
CMI: 18.78
Min: 3.03

Allegion (ALLE) vs. Cummins (CMI): A comparison of their P/E ratio against the Capital Goods industry group benchmark.

P/S Ratio (TTM)

On P/S ratio, both Allegion (ALLE) at 3.59 and Cummins (CMI) at 1.72 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.

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

CMI

Capital Goods industry group

1.72

Max: 7.54
Q3: 3.76
Median: 2.15
CMI: 1.72
Q1: 1.03
Min: 0.03

Allegion (ALLE) vs. Cummins (CMI): A comparison of their P/S ratio against the Capital Goods industry group benchmark.

P/B Ratio (MRQ)

Cummins (CMI) at 4.63 is valued about in line with its industry on P/B ratio, while Allegion (ALLE) at 7.20 carries an above-peer premium to book — ALLE is pricier on assets.

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

CMI

Capital Goods industry group

4.63

Max: 9.66
Q3: 5.00
CMI: 4.63
Median: 3.12
Q1: 1.81
Min: -1.08

Allegion (ALLE) vs. Cummins (CMI): A comparison of their P/B ratio against the Capital Goods industry group benchmark.

Valuation Metrics

Valuation metrics for Allegion (ALLE) and Cummins (CMI)
Metric	ALLE	CMI
P/E Ratio (TTM)	23.06	18.78
P/S Ratio (TTM)	3.59	1.72
P/B Ratio (MRQ)	7.20	4.63
Free Cash Flow Yield (TTM)	3.69%	4.06%