ALLE vs. ETN: Allegion vs. Eaton Stock Comparison
How do Allegion (ALLE) and Eaton (ETN) 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 Eaton (ETN) both fall under the Capital Goods industry group, but ALLE is classified in Building Products while ETN is classified in Electrical Equipment.
| Profile Item | ALLE | ETN |
|---|---|---|
| Name | Allegion plc | Eaton Corporation plc |
| Country/Region | Ireland | Ireland |
| GICS Sector | Industrials | Industrials |
| GICS Industry Group | Capital Goods | Capital Goods |
| GICS Industry | Building Products | Electrical Equipment |
| GICS Sub-Industry | Building Products | Electrical Components & Equipment |
| Market Capitalization | 15.76 billion USD | 132.76 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | November 18, 2013 | June 1, 1972 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | ALLE | ETN |
|---|---|---|
| Total Return (1Y) | 14.68% | -2.33% |
| Total Return (3Y, Annualized) | 24.89% | 19.68% |
| Total Return (5Y, Annualized) | 8.85% | 17.50% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | ALLE | ETN |
|---|---|---|
| Volatility (1Y, Annualized) | 30.24% | 43.57% |
| Beta (5Y) | 0.81 | 1.14 |
| Max Drawdown (5Y) | -33.82% | -34.46% |
| Avg. Volume (3M) | 1.21M | 2.32M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | ALLE | ETN |
|---|---|---|
| Sharpe Ratio (1Y) | 0.34 | -0.15 |
| Sortino Ratio (1Y) | 0.53 | -0.21 |
Profitability
ROE (TTM)
Both Allegion (ALLE) at 33.56% and Eaton (ETN) at 19.55% 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%
ETN
Capital Goods industry group
19.55%
- Max
- 40.55%
- ETN
- 19.55%
- Q3
- 19.29%
- Median
- 12.12%
- Q1
- 4.08%
- Min
- -17.12%
Net Margin (TTM)
For every dollar of sales, both Allegion (ALLE) at 15.74% and Eaton (ETN) at 12.18% retain more as net profit than most peers, landing in the top net margin quartile of their industries.
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%
ETN
Capital Goods industry group
12.18%
- Max
- 27.47%
- ETN
- 12.18%
- Q3
- 12.10%
- Median
- 6.30%
- Q1
- 1.40%
- Min
- -12.89%
Operating Margin (TTM)
Allegion (ALLE) at 24.25% operates in the top operating margin quartile, ahead of Eaton (ETN) at 17.85%, 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%
ETN
Capital Goods industry group
17.85%
- Max
- 36.60%
- Q3
- 18.33%
- ETN
- 17.85%
- Median
- 11.12%
- Q1
- 5.14%
- Min
- -12.63%
Profitability Metrics
| Metric | ALLE | ETN |
|---|---|---|
| ROE (TTM) | 33.56% | 19.55% |
| ROA (TTM) | 11.19% | 7.22% |
| Net Margin (TTM) | 15.74% | 12.18% |
| Operating Margin (TTM) | 24.25% | 17.85% |
| Gross Margin (TTM) | 45.09% | 35.16% |
Growth
Revenue Growth
Both Allegion (ALLE) at 7.82% and Eaton (ETN) at 10.33% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.
EPS Growth
Both Allegion (ALLE) at 9.09% and Eaton (ETN) at 10.00% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.
Growth Metrics
| Metric | ALLE | ETN |
|---|---|---|
| Revenue Growth (YoY) | 7.82% | 10.33% |
| Revenue Growth (3Y CAGR) | 7.52% | 9.77% |
| EPS Growth (YoY) | 9.09% | 10.00% |
| EPS Growth (3Y CAGR) | 12.75% | 19.39% |
Financial Strength
Current Ratio (MRQ)
Allegion (ALLE) at 1.90 keeps current ratio within its industry’s typical mid-range, while Eaton (ETN) at 1.23 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for ETN.
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
ETN
Capital Goods industry group
1.23
- Max
- 5.22
- Q3
- 2.95
- Median
- 2.08
- Q1
- 1.43
- ETN
- 1.23
- Min
- 0.36
Debt / Equity (MRQ)
Both Allegion (ALLE) at 1.02 and Eaton (ETN) at 1.00 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
ETN
Capital Goods industry group
1.00
- Max
- 2.33
- Q3
- 1.12
- ETN
- 1.00
- Median
- 0.60
- Q1
- 0.29
- Min
- 0.00
Financial Strength Metrics
| Metric | ALLE | ETN |
|---|---|---|
| Current Ratio (MRQ) | 1.90 | 1.23 |
| Debt / Equity (MRQ) | 1.02 | 1.00 |
| Net Debt / EBITDA | 1.67 | 2.85 |
Dividends
Dividend Yield (TTM)
Both Allegion (ALLE) at 1.15% and Eaton (ETN) at 1.33% 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%
ETN
Capital Goods industry group
1.33%
- Max
- 2.66%
- ETN
- 1.33%
- Q3
- 1.14%
- Median
- 0.24%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Allegion (ALLE) at 26.87% pays out a band-typical share of earnings, while Eaton (ETN) at 43.36% 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%
ETN
Capital Goods industry group
43.36%
- Max
- 67.39%
- ETN
- 43.36%
- Q3
- 28.02%
- Median
- 6.86%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | ALLE | ETN |
|---|---|---|
| Dividend Yield (TTM) | 1.15% | 1.33% |
| Dividend Payout Ratio (TTM) | 26.87% | 43.36% |
Valuation
P/E Ratio (TTM)
Both Allegion (ALLE) at 23.06 and Eaton (ETN) at 34.14 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.
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
ETN
Capital Goods industry group
34.14
- Max
- 59.38
- Q3
- 35.92
- ETN
- 34.14
- Median
- 25.41
- Q1
- 19.47
- Min
- 3.03
P/S Ratio (TTM)
Allegion (ALLE) at 3.59 is priced about in line with its industry on P/S ratio, while Eaton (ETN) at 4.15 sits in the pricier quartile — ETN costs more per dollar of sales.
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
ETN
Capital Goods industry group
4.15
- Max
- 7.54
- ETN
- 4.15
- Q3
- 3.76
- Median
- 2.15
- Q1
- 1.03
- Min
- 0.03
P/B Ratio (MRQ)
Both Allegion (ALLE) at 7.20 and Eaton (ETN) at 6.33 carry a premium to book value versus peers, sitting in the upper P/B ratio quartile of their industries.
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
ETN
Capital Goods industry group
6.33
- Max
- 9.66
- ETN
- 6.33
- Q3
- 5.00
- Median
- 3.12
- Q1
- 1.81
- Min
- -1.08
Valuation Metrics
| Metric | ALLE | ETN |
|---|---|---|
| P/E Ratio (TTM) | 23.06 | 34.14 |
| P/S Ratio (TTM) | 3.59 | 4.15 |
| P/B Ratio (MRQ) | 7.20 | 6.33 |
| Free Cash Flow Yield (TTM) | 3.69% | 2.29% |