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Side-by-side financial comparison of Allegion (ALLE) and Corpay (CPAY). Click either name above to swap in a different company.
Corpay is the larger business by last-quarter revenue ($1.2B vs $1.0B, roughly 1.2× Allegion). Corpay runs the higher net margin — 21.2% vs 13.4%, a 7.8% gap on every dollar of revenue. On growth, Corpay posted the faster year-over-year revenue change (20.7% vs 9.7%). Over the past eight quarters, Corpay's revenue compounded faster (15.5% CAGR vs 3.5%).
Allegion plc manufactures and sells mechanical and electronic security products and solutions worldwide. The company offers door closers, controls, and exit devices; locks, locksets, portable locks, and key systems and services; electronic security products and access control systems; time, attendance, and workforce productivity systems; doors and door systems; and other accessories. The company sells its products and solutions to end-users in commercial, institutional, and residential facili...
Corpay, Inc., headquartered in Atlanta, Georgia, provides payments and spend management systems and services that control expense-related purchasing and payment processes. The company focuses on vehicle-related expenses, lodging expenses, and corporate payments.
ALLE vs CPAY — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.0B | $1.2B |
| Net Profit | $138.1M | $264.5M |
| Gross Margin | 44.0% | — |
| Operating Margin | 18.9% | 45.2% |
| Net Margin | 13.4% | 21.2% |
| Revenue YoY | 9.7% | 20.7% |
| Net Profit YoY | -6.8% | 7.5% |
| EPS (diluted) | — | $3.74 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | $1.0B | — | ||
| Q4 25 | $1.0B | $1.2B | ||
| Q3 25 | $1.1B | $1.2B | ||
| Q2 25 | $1.0B | $1.1B | ||
| Q1 25 | $941.9M | $1.0B | ||
| Q4 24 | $945.6M | $1.0B | ||
| Q3 24 | $967.1M | $1.0B | ||
| Q2 24 | $965.6M | $975.7M |
| Q1 26 | $138.1M | — | ||
| Q4 25 | $147.5M | $264.5M | ||
| Q3 25 | $188.4M | $277.9M | ||
| Q2 25 | $159.7M | $284.2M | ||
| Q1 25 | $148.2M | $243.2M | ||
| Q4 24 | $144.1M | $246.0M | ||
| Q3 24 | $174.2M | $276.4M | ||
| Q2 24 | $155.4M | $251.6M |
| Q1 26 | 44.0% | — | ||
| Q4 25 | 44.5% | — | ||
| Q3 25 | 45.8% | — | ||
| Q2 25 | 45.6% | — | ||
| Q1 25 | 44.9% | — | ||
| Q4 24 | 44.1% | — | ||
| Q3 24 | 44.7% | — | ||
| Q2 24 | 44.4% | — |
| Q1 26 | 18.9% | — | ||
| Q4 25 | 20.3% | 45.2% | ||
| Q3 25 | 21.8% | 44.6% | ||
| Q2 25 | 21.5% | 43.5% | ||
| Q1 25 | 20.9% | 42.5% | ||
| Q4 24 | 19.5% | 47.2% | ||
| Q3 24 | 22.2% | 45.5% | ||
| Q2 24 | 21.6% | 44.4% |
| Q1 26 | 13.4% | — | ||
| Q4 25 | 14.3% | 21.2% | ||
| Q3 25 | 17.6% | 23.7% | ||
| Q2 25 | 15.6% | 25.8% | ||
| Q1 25 | 15.7% | 24.2% | ||
| Q4 24 | 15.2% | 23.8% | ||
| Q3 24 | 18.0% | 26.9% | ||
| Q2 24 | 16.1% | 25.8% |
| Q1 26 | — | — | ||
| Q4 25 | $1.70 | $3.74 | ||
| Q3 25 | $2.18 | $3.91 | ||
| Q2 25 | $1.85 | $3.98 | ||
| Q1 25 | $1.71 | $3.40 | ||
| Q4 24 | $1.65 | $3.43 | ||
| Q3 24 | $1.99 | $3.90 | ||
| Q2 24 | $1.77 | $3.52 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $308.9M | $2.4B |
| Total DebtLower is stronger | $2.0B | $10.0B |
| Stockholders' EquityBook value | $2.1B | $3.9B |
| Total Assets | $5.3B | $26.4B |
| Debt / EquityLower = less leverage | 0.97× | 2.58× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $308.9M | — | ||
| Q4 25 | $356.2M | $2.4B | ||
| Q3 25 | $302.7M | $2.0B | ||
| Q2 25 | $656.8M | $2.2B | ||
| Q1 25 | $494.5M | $1.6B | ||
| Q4 24 | $503.8M | $1.6B | ||
| Q3 24 | $878.9M | $1.3B | ||
| Q2 24 | $747.5M | $1.4B |
| Q1 26 | $2.0B | — | ||
| Q4 25 | $2.0B | $10.0B | ||
| Q3 25 | $2.1B | $8.1B | ||
| Q2 25 | $2.1B | $8.1B | ||
| Q1 25 | $2.0B | $8.2B | ||
| Q4 24 | $2.0B | $8.0B | ||
| Q3 24 | $2.4B | — | ||
| Q2 24 | $2.4B | — |
| Q1 26 | $2.1B | — | ||
| Q4 25 | $2.1B | $3.9B | ||
| Q3 25 | $1.9B | $4.1B | ||
| Q2 25 | $1.8B | $3.9B | ||
| Q1 25 | $1.6B | $3.5B | ||
| Q4 24 | $1.5B | $3.1B | ||
| Q3 24 | $1.6B | $3.1B | ||
| Q2 24 | $1.4B | $2.8B |
| Q1 26 | $5.3B | — | ||
| Q4 25 | $5.2B | $26.4B | ||
| Q3 25 | $5.2B | $19.7B | ||
| Q2 25 | $4.9B | $20.4B | ||
| Q1 25 | $4.6B | $18.5B | ||
| Q4 24 | $4.5B | $18.0B | ||
| Q3 24 | $5.0B | $17.6B | ||
| Q2 24 | $4.8B | $16.2B |
| Q1 26 | 0.97× | — | ||
| Q4 25 | 0.96× | 2.58× | ||
| Q3 25 | 1.07× | 1.99× | ||
| Q2 25 | 1.16× | 2.07× | ||
| Q1 25 | 1.24× | 2.37× | ||
| Q4 24 | 1.33× | 2.56× | ||
| Q3 24 | 1.53× | — | ||
| Q2 24 | 1.69× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $101.3M | $812.7M |
| Free Cash FlowOCF − Capex | — | $760.3M |
| FCF MarginFCF / Revenue | — | 60.9% |
| Capex IntensityCapex / Revenue | 2.0% | 4.2% |
| Cash ConversionOCF / Net Profit | 0.73× | 3.07× |
| TTM Free Cash FlowTrailing 4 quarters | — | $1.3B |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $101.3M | — | ||
| Q4 25 | $240.1M | $812.7M | ||
| Q3 25 | $229.5M | $-378.9M | ||
| Q2 25 | $209.7M | $1.1B | ||
| Q1 25 | $104.5M | $-74.2M | ||
| Q4 24 | $219.0M | $648.7M | ||
| Q3 24 | $231.9M | $400.8M | ||
| Q2 24 | $173.0M | $540.9M |
| Q1 26 | — | — | ||
| Q4 25 | $200.5M | $760.3M | ||
| Q3 25 | $209.8M | $-429.8M | ||
| Q2 25 | $192.0M | $1.1B | ||
| Q1 25 | $83.4M | $-118.9M | ||
| Q4 24 | $194.9M | $604.6M | ||
| Q3 24 | $212.0M | $355.0M | ||
| Q2 24 | $152.1M | $496.8M |
| Q1 26 | — | — | ||
| Q4 25 | 19.4% | 60.9% | ||
| Q3 25 | 19.6% | -36.7% | ||
| Q2 25 | 18.8% | 98.7% | ||
| Q1 25 | 8.9% | -11.8% | ||
| Q4 24 | 20.6% | 58.4% | ||
| Q3 24 | 21.9% | 34.5% | ||
| Q2 24 | 15.8% | 50.9% |
| Q1 26 | 2.0% | — | ||
| Q4 25 | 3.8% | 4.2% | ||
| Q3 25 | 1.8% | 4.3% | ||
| Q2 25 | 1.7% | 4.8% | ||
| Q1 25 | 2.2% | 4.5% | ||
| Q4 24 | 2.5% | 4.3% | ||
| Q3 24 | 2.1% | 4.4% | ||
| Q2 24 | 2.2% | 4.5% |
| Q1 26 | 0.73× | — | ||
| Q4 25 | 1.63× | 3.07× | ||
| Q3 25 | 1.22× | -1.36× | ||
| Q2 25 | 1.31× | 4.01× | ||
| Q1 25 | 0.71× | -0.30× | ||
| Q4 24 | 1.52× | 2.64× | ||
| Q3 24 | 1.33× | 1.45× | ||
| Q2 24 | 1.11× | 2.15× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ALLE
| Allegion Americas | $809.9M | 78% |
| Allegion International | $223.7M | 22% |
CPAY
| Vehicle Payments | $572.9M | 46% |
| Corporate Payments | $480.8M | 39% |
| Lodging Payments | $112.5M | 9% |
| Other Operating Segments | $82.1M | 7% |
