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Side-by-side financial comparison of Allegion (ALLE) and FTAI Infrastructure Inc. (FIP). Click either name above to swap in a different company.
Allegion is the larger business by last-quarter revenue ($1.0B vs $143.5M, roughly 7.2× FTAI Infrastructure Inc.). Allegion runs the higher net margin — 14.3% vs -68.1%, a 82.4% gap on every dollar of revenue. On growth, FTAI Infrastructure Inc. posted the faster year-over-year revenue change (77.7% vs 9.3%). Allegion produced more free cash flow last quarter ($200.5M vs $-68.6M). Over the past eight quarters, FTAI Infrastructure Inc.'s revenue compounded faster (31.9% CAGR vs 7.5%).
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...
FTAI Infrastructure Inc. owns, operates and invests in high-quality critical infrastructure assets across core sectors including transportation logistics, midstream energy, and power generation. It primarily serves North American markets, focusing on assets with stable long-term cash flows, contracted revenue streams, and strong market positions to deliver sustainable returns for stakeholders.
ALLE vs FIP — Head-to-Head
Income Statement — Q4 2025 vs Q4 2025
| Metric | | |
|---|---|---|
| Revenue | $1.0B | $143.5M |
| Net Profit | $147.5M | $-97.7M |
| Gross Margin | 44.5% | — |
| Operating Margin | 20.3% | -45.7% |
| Net Margin | 14.3% | -68.1% |
| Revenue YoY | 9.3% | 77.7% |
| Net Profit YoY | 2.4% | 21.6% |
| EPS (diluted) | $1.70 | $-1.04 |
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.
| Q4 25 | $1.0B | $143.5M | ||
| Q3 25 | $1.1B | $140.6M | ||
| Q2 25 | $1.0B | $122.3M | ||
| Q1 25 | $941.9M | $96.2M | ||
| Q4 24 | $945.6M | $80.8M | ||
| Q3 24 | $967.1M | $83.3M | ||
| Q2 24 | $965.6M | $84.9M | ||
| Q1 24 | $893.9M | $82.5M |
| Q4 25 | $147.5M | $-97.7M | ||
| Q3 25 | $188.4M | $-104.5M | ||
| Q2 25 | $159.7M | $-70.0M | ||
| Q1 25 | $148.2M | $120.2M | ||
| Q4 24 | $144.1M | $-124.7M | ||
| Q3 24 | $174.2M | $-43.0M | ||
| Q2 24 | $155.4M | $-48.1M | ||
| Q1 24 | $123.8M | $-50.3M |
| 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 24 | 43.8% | — |
| Q4 25 | 20.3% | -45.7% | ||
| Q3 25 | 21.8% | -70.8% | ||
| Q2 25 | 21.5% | -56.4% | ||
| Q1 25 | 20.9% | 81.8% | ||
| Q4 24 | 19.5% | -152.7% | ||
| Q3 24 | 22.2% | -51.7% | ||
| Q2 24 | 21.6% | -56.4% | ||
| Q1 24 | 19.3% | -58.8% |
| Q4 25 | 14.3% | -68.1% | ||
| Q3 25 | 17.6% | -74.4% | ||
| Q2 25 | 15.6% | -57.2% | ||
| Q1 25 | 15.7% | 125.0% | ||
| Q4 24 | 15.2% | -154.4% | ||
| Q3 24 | 18.0% | -51.6% | ||
| Q2 24 | 16.1% | -56.7% | ||
| Q1 24 | 13.8% | -60.9% |
| Q4 25 | $1.70 | $-1.04 | ||
| Q3 25 | $2.18 | $-1.38 | ||
| Q2 25 | $1.85 | $-0.73 | ||
| Q1 25 | $1.71 | $0.89 | ||
| Q4 24 | $1.65 | $-1.21 | ||
| Q3 24 | $1.99 | $-0.45 | ||
| Q2 24 | $1.77 | $-0.52 | ||
| Q1 24 | $1.41 | $-0.54 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $356.2M | $57.4M |
| Total DebtLower is stronger | $2.0B | $3.8B |
| Stockholders' EquityBook value | $2.1B | $21.3M |
| Total Assets | $5.2B | $5.7B |
| Debt / EquityLower = less leverage | 0.96× | 176.99× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $356.2M | $57.4M | ||
| Q3 25 | $302.7M | $34.7M | ||
| Q2 25 | $656.8M | $33.6M | ||
| Q1 25 | $494.5M | $26.3M | ||
| Q4 24 | $503.8M | $27.8M | ||
| Q3 24 | $878.9M | $20.3M | ||
| Q2 24 | $747.5M | $33.1M | ||
| Q1 24 | $391.8M | $23.0M |
| Q4 25 | $2.0B | $3.8B | ||
| Q3 25 | $2.1B | $3.7B | ||
| Q2 25 | $2.1B | $3.1B | ||
| Q1 25 | $2.0B | $2.8B | ||
| Q4 24 | $2.0B | $1.6B | ||
| Q3 24 | $2.4B | $1.5B | ||
| Q2 24 | $2.4B | $1.6B | ||
| Q1 24 | $2.0B | $1.3B |
| Q4 25 | $2.1B | $21.3M | ||
| Q3 25 | $1.9B | $181.1M | ||
| Q2 25 | $1.8B | $375.5M | ||
| Q1 25 | $1.6B | $476.2M | ||
| Q4 24 | $1.5B | $202.7M | ||
| Q3 24 | $1.6B | $370.8M | ||
| Q2 24 | $1.4B | $394.8M | ||
| Q1 24 | $1.4B | $402.5M |
| Q4 25 | $5.2B | $5.7B | ||
| Q3 25 | $5.2B | $5.5B | ||
| Q2 25 | $4.9B | $4.4B | ||
| Q1 25 | $4.6B | $4.1B | ||
| Q4 24 | $4.5B | $2.4B | ||
| Q3 24 | $5.0B | $2.4B | ||
| Q2 24 | $4.8B | $2.5B | ||
| Q1 24 | $4.3B | $2.3B |
| Q4 25 | 0.96× | 176.99× | ||
| Q3 25 | 1.07× | 20.59× | ||
| Q2 25 | 1.16× | 8.21× | ||
| Q1 25 | 1.24× | 5.79× | ||
| Q4 24 | 1.33× | 7.84× | ||
| Q3 24 | 1.53× | 4.14× | ||
| Q2 24 | 1.69× | 3.94× | ||
| Q1 24 | 1.49× | 3.34× |
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 | $240.1M | $-2.8M |
| Free Cash FlowOCF − Capex | $200.5M | $-68.6M |
| FCF MarginFCF / Revenue | 19.4% | -47.8% |
| Capex IntensityCapex / Revenue | 3.8% | 45.9% |
| Cash ConversionOCF / Net Profit | 1.63× | — |
| TTM Free Cash FlowTrailing 4 quarters | $685.7M | $-398.5M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $240.1M | $-2.8M | ||
| Q3 25 | $229.5M | $-24.4M | ||
| Q2 25 | $209.7M | $-5.2M | ||
| Q1 25 | $104.5M | $-85.7M | ||
| Q4 24 | $219.0M | $-8.1M | ||
| Q3 24 | $231.9M | $14.2M | ||
| Q2 24 | $173.0M | $-17.6M | ||
| Q1 24 | $51.1M | $-3.9M |
| Q4 25 | $200.5M | $-68.6M | ||
| Q3 25 | $209.8M | $-90.7M | ||
| Q2 25 | $192.0M | $-87.5M | ||
| Q1 25 | $83.4M | $-151.7M | ||
| Q4 24 | $194.9M | $-34.3M | ||
| Q3 24 | $212.0M | $-11.7M | ||
| Q2 24 | $152.1M | $-32.1M | ||
| Q1 24 | $23.9M | $-16.7M |
| Q4 25 | 19.4% | -47.8% | ||
| Q3 25 | 19.6% | -64.5% | ||
| Q2 25 | 18.8% | -71.6% | ||
| Q1 25 | 8.9% | -157.7% | ||
| Q4 24 | 20.6% | -42.4% | ||
| Q3 24 | 21.9% | -14.0% | ||
| Q2 24 | 15.8% | -37.9% | ||
| Q1 24 | 2.7% | -20.3% |
| Q4 25 | 3.8% | 45.9% | ||
| Q3 25 | 1.8% | 47.2% | ||
| Q2 25 | 1.7% | 67.3% | ||
| Q1 25 | 2.2% | 68.6% | ||
| Q4 24 | 2.5% | 32.5% | ||
| Q3 24 | 2.1% | 31.1% | ||
| Q2 24 | 2.2% | 17.2% | ||
| Q1 24 | 3.0% | 15.6% |
| Q4 25 | 1.63× | — | ||
| Q3 25 | 1.22× | — | ||
| Q2 25 | 1.31× | — | ||
| Q1 25 | 0.71× | -0.71× | ||
| Q4 24 | 1.52× | — | ||
| Q3 24 | 1.33× | — | ||
| Q2 24 | 1.11× | — | ||
| Q1 24 | 0.41× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ALLE
| Products | $750.2M | 73% |
| Allegion International | $237.7M | 23% |
| Services | $45.2M | 4% |
FIP
| Power Revenues | $45.9M | 32% |
| Rail Revenue | $44.6M | 31% |
| Service Other | $22.8M | 16% |
| Gas Revenues | $15.3M | 11% |
| Roadside Services Revenues | $11.5M | 8% |
| Rapauno | $1.2M | 1% |
