ALLE vs. HON: Allegion vs. Honeywell Stock Comparison
How do Allegion (ALLE) and Honeywell (HON) 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 Honeywell (HON) both fall under the Capital Goods industry group, but ALLE is classified in Building Products while HON is classified in Industrial Conglomerates.
| Profile Item | ALLE | HON |
|---|---|---|
| Name | Allegion plc | Honeywell International Inc. |
| Country/Region | Ireland | United States |
| GICS Sector | Industrials | Industrials |
| GICS Industry Group | Capital Goods | Capital Goods |
| GICS Industry | Building Products | Industrial Conglomerates |
| GICS Sub-Industry | Building Products | Industrial Conglomerates |
| Market Capitalization | 15.76 billion USD | 69.74 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | Nasdaq |
| Listing Date | November 18, 2013 | January 2, 1962 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | ALLE | HON |
|---|---|---|
| Total Return (1Y) | 14.68% | 14.14% |
| Total Return (3Y, Annualized) | 24.89% | 9.90% |
| Total Return (5Y, Annualized) | 8.85% | 2.32% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | ALLE | HON |
|---|---|---|
| Volatility (1Y, Annualized) | 30.24% | 27.11% |
| Beta (5Y) | 0.81 | 0.80 |
| Max Drawdown (5Y) | -33.82% | -25.21% |
| Avg. Volume (3M) | 1.21M | 2.82M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | ALLE | HON |
|---|---|---|
| Sharpe Ratio (1Y) | 0.34 | 0.36 |
| Sortino Ratio (1Y) | 0.53 | 0.52 |
Profitability
ROE (TTM)
Both companies show strong equity returns, but Honeywell (HON) at 44.39% is the standout with ROE above its industry range; Allegion (ALLE) at 33.56% also sits in the top quartile.
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%
HON
Capital Goods industry group
44.39%
- HON
- 44.39%
- Max
- 40.55%
- 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 Honeywell (HON) at 18.68% 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%
HON
Capital Goods industry group
18.68%
- Max
- 27.47%
- HON
- 18.68%
- 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 Honeywell (HON) at 16.92%, 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%
HON
Capital Goods industry group
16.92%
- Max
- 36.60%
- Q3
- 18.33%
- HON
- 16.92%
- Median
- 11.12%
- Q1
- 5.14%
- Min
- -12.63%
Profitability Metrics
| Metric | ALLE | HON |
|---|---|---|
| ROE (TTM) | 33.56% | 44.39% |
| ROA (TTM) | 11.19% | 7.13% |
| Net Margin (TTM) | 15.74% | 18.68% |
| Operating Margin (TTM) | 24.25% | 16.92% |
| Gross Margin (TTM) | 45.09% | 37.21% |
Growth
Revenue Growth
Both Allegion (ALLE) at 7.82% and Honeywell (HON) at 7.85% 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 Honeywell (HON) at -8.27% 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 | HON |
|---|---|---|
| Revenue Growth (YoY) | 7.82% | 7.85% |
| Revenue Growth (3Y CAGR) | 7.52% | 1.82% |
| EPS Growth (YoY) | 9.09% | -8.27% |
| EPS Growth (3Y CAGR) | 12.75% | 3.20% |
Financial Strength
Current Ratio (MRQ)
Allegion (ALLE) at 1.90 keeps current ratio within its industry’s typical mid-range, while Honeywell (HON) at 0.96 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for HON.
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
HON
Capital Goods industry group
0.96
- Max
- 5.22
- Q3
- 2.95
- Median
- 2.08
- Q1
- 1.43
- HON
- 0.96
- Min
- 0.36
Debt / Equity (MRQ)
Both Allegion (ALLE) at 1.02 and Honeywell (HON) at 0.76 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
HON
Capital Goods industry group
0.76
- Max
- 2.33
- Q3
- 1.12
- HON
- 0.76
- Median
- 0.60
- Q1
- 0.29
- Min
- 0.00
Financial Strength Metrics
| Metric | ALLE | HON |
|---|---|---|
| Current Ratio (MRQ) | 1.90 | 0.96 |
| Debt / Equity (MRQ) | 1.02 | 0.76 |
| Net Debt / EBITDA | 1.67 | 1.23 |
Dividends
Dividend Yield (TTM)
Allegion (ALLE) at 1.15% earns its spot in the top quartile of its industry’s yields; Honeywell (HON) at 3.63% is past the top of its own peer range — territory where a dividend-safety check matters more than the headline number.
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%
HON
Capital Goods industry group
3.63%
- HON
- 3.63%
- Max
- 2.66%
- 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 Honeywell (HON) at 38.87% 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%
HON
Capital Goods industry group
38.87%
- Max
- 67.39%
- HON
- 38.87%
- Q3
- 28.02%
- Median
- 6.86%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | ALLE | HON |
|---|---|---|
| Dividend Yield (TTM) | 1.15% | 3.63% |
| Dividend Payout Ratio (TTM) | 26.87% | 38.87% |
Valuation
P/E Ratio (TTM)
Honeywell (HON) at 10.91 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 HON, 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
HON
Capital Goods industry group
10.91
- Max
- 59.38
- Q3
- 35.92
- Median
- 25.41
- Q1
- 19.47
- HON
- 10.91
- Min
- 3.03
P/S Ratio (TTM)
On P/S ratio, both Allegion (ALLE) at 3.59 and Honeywell (HON) at 1.85 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
HON
Capital Goods industry group
1.85
- Max
- 7.54
- Q3
- 3.76
- Median
- 2.15
- HON
- 1.85
- Q1
- 1.03
- Min
- 0.03
P/B Ratio (MRQ)
Honeywell (HON) at 3.12 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
HON
Capital Goods industry group
3.12
- Max
- 9.66
- Q3
- 5.00
- HON
- 3.12
- Median
- 3.12
- Q1
- 1.81
- Min
- -1.08
Valuation Metrics
| Metric | ALLE | HON |
|---|---|---|
| P/E Ratio (TTM) | 23.06 | 10.91 |
| P/S Ratio (TTM) | 3.59 | 1.85 |
| P/B Ratio (MRQ) | 7.20 | 3.12 |
| Free Cash Flow Yield (TTM) | 3.69% | 10.07% |