ALLE vs. WAB: Allegion vs. Wabtec Stock Comparison

November 11, 2026

How do Allegion (ALLE) and Wabtec (WAB) 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 Wabtec (WAB) both fall under the Capital Goods industry group, but ALLE is classified in Building Products while WAB is classified in Machinery.

Company profile comparison for Allegion (ALLE) and Wabtec (WAB)
Profile Item	ALLE	WAB
Name	Allegion plc	Wabtec Corporation
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	47.59 billion USD
Currency	USD	USD
Exchange	NYSE	NYSE
Listing Date	November 18, 2013	June 16, 1995
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

ALLE

WAB

GSPC

Allegion (ALLE) vs. Wabtec (WAB), 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 Wabtec (WAB). Returns over one year are annualized.

Calendar-Year Returns

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

Performance Metrics

Price performance metrics for Allegion (ALLE) and Wabtec (WAB)
Metric	ALLE	WAB
Total Return (1Y)	14.68%	44.64%
Total Return (3Y, Annualized)	24.89%	39.37%
Total Return (5Y, Annualized)	8.85%	25.90%

Risk Profile

Drawdown History

ALLE

WAB

GSPC

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

Risk Metrics

Risk profile metrics for Allegion (ALLE) and Wabtec (WAB)
Metric	ALLE	WAB
Volatility (1Y, Annualized)	30.24%	27.53%
Beta (5Y)	0.81	0.91
Max Drawdown (5Y)	-33.82%	-23.55%
Avg. Volume (3M)	1.21M	890.96K

Risk-Adjusted Performance

Risk-Return Positioning

ALLE and WAB 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 Wabtec (WAB)
Metric	ALLE	WAB
Sharpe Ratio (1Y)	0.34	1.47
Sortino Ratio (1Y)	0.53	2.34

Profitability

ROE (TTM)

Allegion (ALLE) at 33.56% sits in the top ROE quartile, while Wabtec (WAB) at 12.24% is closer to the peer norm — stronger capital efficiency for ALLE.

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%

WAB

Capital Goods industry group

12.24%

Max: 40.55%
Q3: 19.29%
WAB: 12.24%
Median: 12.12%
Q1: 4.08%
Min: -17.12%

Allegion (ALLE) vs. Wabtec (WAB): 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 Wabtec (WAB) at 11.20%, 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%

WAB

Capital Goods industry group

11.20%

Max: 27.47%
Q3: 12.10%
WAB: 11.20%
Median: 6.30%
Q1: 1.40%
Min: -12.89%

Allegion (ALLE) vs. Wabtec (WAB): A comparison of their net margin against the Capital Goods industry group benchmark.

Operating Margin (TTM)

Both Allegion (ALLE) at 24.25% and Wabtec (WAB) at 20.22% convert sales into operating profit at a top-quartile rate, pointing to tighter cost discipline before financing and tax.

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%

WAB

Capital Goods industry group

20.22%

Max: 36.60%
WAB: 20.22%
Q3: 18.33%
Median: 11.12%
Q1: 5.14%
Min: -12.63%

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

Profitability Metrics

Profitability metrics for Allegion (ALLE) and Wabtec (WAB)
Metric	ALLE	WAB
ROE (TTM)	33.56%	12.24%
ROA (TTM)	11.19%	6.28%
Net Margin (TTM)	15.74%	11.20%
Operating Margin (TTM)	24.25%	20.22%
Gross Margin (TTM)	45.09%	36.17%

Growth

Revenue Growth

Both Allegion (ALLE) at 7.82% and Wabtec (WAB) at 7.51% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.

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

EPS Growth

Both Allegion (ALLE) at 9.09% and Wabtec (WAB) at 13.08% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.

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

Growth Metrics

Growth metrics for Allegion (ALLE) and Wabtec (WAB)
Metric	ALLE	WAB
Revenue Growth (YoY)	7.82%	7.51%
Revenue Growth (3Y CAGR)	7.52%	10.12%
EPS Growth (YoY)	9.09%	13.08%
EPS Growth (3Y CAGR)	12.75%	25.44%

Financial Strength

Current Ratio (MRQ)

Allegion (ALLE) at 1.90 keeps current ratio within its industry’s typical mid-range, while Wabtec (WAB) at 1.10 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for WAB.

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

WAB

Capital Goods industry group

1.10

Max: 5.22
Q3: 2.95
Median: 2.08
Q1: 1.43
WAB: 1.10
Min: 0.36

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

Debt / Equity (MRQ)

Both Allegion (ALLE) at 1.02 and Wabtec (WAB) at 0.60 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

WAB

Capital Goods industry group

0.60

Max: 2.33
Q3: 1.12
WAB: 0.60
Median: 0.60
Q1: 0.29
Min: 0.00

Allegion (ALLE) vs. Wabtec (WAB): 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 Wabtec (WAB)
Metric	ALLE	WAB
Current Ratio (MRQ)	1.90	1.10
Debt / Equity (MRQ)	1.02	0.60
Net Debt / EBITDA	1.67	2.28

Dividends

Dividend Yield (TTM)

Allegion (ALLE) at 1.15% delivers top-quartile income for its industry, while Wabtec (WAB) at 0.42% pays a more typical yield — both are credible income propositions, ALLE the richer one.

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%

WAB

Capital Goods industry group

0.42%

Max: 2.66%
Q3: 1.14%
WAB: 0.42%
Median: 0.24%
Q1: 0.00%
Min: 0.00%

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

Dividend Payout Ratio (TTM)

Both Allegion (ALLE) at 26.87% and Wabtec (WAB) at 14.66% keep payout ratio within their industries’ typical mid-ranges — dividend policies that share earnings without consuming too much of them.

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%

WAB

Capital Goods industry group

14.66%

Max: 67.39%
Q3: 28.02%
WAB: 14.66%
Median: 6.86%
Q1: 0.00%
Min: 0.00%

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

Dividend Metrics

Dividend metrics for Allegion (ALLE) and Wabtec (WAB)
Metric	ALLE	WAB
Dividend Yield (TTM)	1.15%	0.42%
Dividend Payout Ratio (TTM)	26.87%	14.66%

Valuation

P/E Ratio (TTM)

Both Allegion (ALLE) at 23.06 and Wabtec (WAB) at 35.23 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

WAB

Capital Goods industry group

35.23

Max: 59.38
Q3: 35.92
WAB: 35.23
Median: 25.41
Q1: 19.47
Min: 3.03

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

P/S Ratio (TTM)

Allegion (ALLE) at 3.59 is priced about in line with its industry on P/S ratio, while Wabtec (WAB) at 3.90 sits in the pricier quartile — WAB 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

WAB

Capital Goods industry group

3.90

Max: 7.54
WAB: 3.90
Q3: 3.76
Median: 2.15
Q1: 1.03
Min: 0.03

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

P/B Ratio (MRQ)

Wabtec (WAB) at 4.20 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

WAB

Capital Goods industry group

4.20

Max: 9.66
Q3: 5.00
WAB: 4.20
Median: 3.12
Q1: 1.81
Min: -1.08

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

Valuation Metrics

Valuation metrics for Allegion (ALLE) and Wabtec (WAB)
Metric	ALLE	WAB
P/E Ratio (TTM)	23.06	35.23
P/S Ratio (TTM)	3.59	3.90
P/B Ratio (MRQ)	7.20	4.20
Free Cash Flow Yield (TTM)	3.69%	2.60%