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Side-by-side financial comparison of Allegion (ALLE) and LiveWire Group, Inc. (LVWR). Click either name above to swap in a different company.
Allegion is the larger business by last-quarter revenue ($1.0B vs $11.4M, roughly 91.0× LiveWire Group, Inc.). Allegion runs the higher net margin — 14.3% vs -155.2%, a 169.5% gap on every dollar of revenue. On growth, Allegion posted the faster year-over-year revenue change (9.3% vs 5.5%). Allegion produced more free cash flow last quarter ($200.5M vs $-8.9M). Over the past eight quarters, LiveWire Group, Inc.'s revenue compounded faster (51.0% 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...
LiveWire is an American electric motorcycle manufacturer. It was initially launched as a dedicated electric vehicle (EV) division for Harley Davidson in July 2021. The company was spun-off from its parent and went public on September 27, 2022, via merger with a special-purpose acquisition company (SPAC). It was the first publicly traded electric motorcycle company in the United States.
ALLE vs LVWR — Head-to-Head
Income Statement — Q4 2025 vs Q4 2025
| Metric | | |
|---|---|---|
| Revenue | $1.0B | $11.4M |
| Net Profit | $147.5M | $-17.6M |
| Gross Margin | 44.5% | 0.8% |
| Operating Margin | 20.3% | -156.2% |
| Net Margin | 14.3% | -155.2% |
| Revenue YoY | 9.3% | 5.5% |
| Net Profit YoY | 2.4% | 22.6% |
| EPS (diluted) | $1.70 | $-0.09 |
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 | $11.4M | ||
| Q3 25 | $1.1B | $5.7M | ||
| Q2 25 | $1.0B | $5.9M | ||
| Q1 25 | $941.9M | $2.7M | ||
| Q4 24 | $945.6M | $10.8M | ||
| Q3 24 | $967.1M | $4.4M | ||
| Q2 24 | $965.6M | $6.4M | ||
| Q1 24 | $893.9M | $5.0M |
| Q4 25 | $147.5M | $-17.6M | ||
| Q3 25 | $188.4M | $-19.4M | ||
| Q2 25 | $159.7M | $-18.8M | ||
| Q1 25 | $148.2M | $-19.3M | ||
| Q4 24 | $144.1M | $-22.8M | ||
| Q3 24 | $174.2M | $-22.7M | ||
| Q2 24 | $155.4M | $-24.8M | ||
| Q1 24 | $123.8M | $-23.6M |
| Q4 25 | 44.5% | 0.8% | ||
| Q3 25 | 45.8% | -50.9% | ||
| Q2 25 | 45.6% | 9.3% | ||
| Q1 25 | 44.9% | -79.0% | ||
| Q4 24 | 44.1% | -49.8% | ||
| Q3 24 | 44.7% | -34.2% | ||
| Q2 24 | 44.4% | -27.6% | ||
| Q1 24 | 43.8% | -82.9% |
| Q4 25 | 20.3% | -156.2% | ||
| Q3 25 | 21.8% | -330.0% | ||
| Q2 25 | 21.5% | -311.0% | ||
| Q1 25 | 20.9% | -753.4% | ||
| Q4 24 | 19.5% | -234.6% | ||
| Q3 24 | 22.2% | -596.7% | ||
| Q2 24 | 21.6% | -436.7% | ||
| Q1 24 | 19.3% | -611.1% |
| Q4 25 | 14.3% | -155.2% | ||
| Q3 25 | 17.6% | -340.2% | ||
| Q2 25 | 15.6% | -320.6% | ||
| Q1 25 | 15.7% | -702.6% | ||
| Q4 24 | 15.2% | -211.7% | ||
| Q3 24 | 18.0% | -510.6% | ||
| Q2 24 | 16.1% | -384.6% | ||
| Q1 24 | 13.8% | -475.0% |
| Q4 25 | $1.70 | $-0.09 | ||
| Q3 25 | $2.18 | $-0.10 | ||
| Q2 25 | $1.85 | $-0.09 | ||
| Q1 25 | $1.71 | $-0.09 | ||
| Q4 24 | $1.65 | $-0.11 | ||
| Q3 24 | $1.99 | $-0.11 | ||
| Q2 24 | $1.77 | $-0.12 | ||
| Q1 24 | $1.41 | $-0.12 |
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 | $82.8M |
| Total DebtLower is stronger | $2.0B | — |
| Stockholders' EquityBook value | $2.1B | $46.0M |
| Total Assets | $5.2B | $146.4M |
| Debt / EquityLower = less leverage | 0.96× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $356.2M | $82.8M | ||
| Q3 25 | $302.7M | $16.3M | ||
| Q2 25 | $656.8M | $29.3M | ||
| Q1 25 | $494.5M | $46.2M | ||
| Q4 24 | $503.8M | $64.4M | ||
| Q3 24 | $878.9M | $88.4M | ||
| Q2 24 | $747.5M | $113.0M | ||
| Q1 24 | $391.8M | $141.0M |
| Q4 25 | $2.0B | — | ||
| Q3 25 | $2.1B | — | ||
| Q2 25 | $2.1B | — | ||
| Q1 25 | $2.0B | — | ||
| Q4 24 | $2.0B | — | ||
| Q3 24 | $2.4B | — | ||
| Q2 24 | $2.4B | — | ||
| Q1 24 | $2.0B | — |
| Q4 25 | $2.1B | $46.0M | ||
| Q3 25 | $1.9B | $61.8M | ||
| Q2 25 | $1.8B | $79.7M | ||
| Q1 25 | $1.6B | $97.2M | ||
| Q4 24 | $1.5B | $115.1M | ||
| Q3 24 | $1.6B | $137.7M | ||
| Q2 24 | $1.4B | $159.0M | ||
| Q1 24 | $1.4B | $183.8M |
| Q4 25 | $5.2B | $146.4M | ||
| Q3 25 | $5.2B | $89.2M | ||
| Q2 25 | $4.9B | $109.8M | ||
| Q1 25 | $4.6B | $128.3M | ||
| Q4 24 | $4.5B | $148.0M | ||
| Q3 24 | $5.0B | $178.3M | ||
| Q2 24 | $4.8B | $204.9M | ||
| Q1 24 | $4.3B | $237.1M |
| Q4 25 | 0.96× | — | ||
| Q3 25 | 1.07× | — | ||
| Q2 25 | 1.16× | — | ||
| Q1 25 | 1.24× | — | ||
| Q4 24 | 1.33× | — | ||
| Q3 24 | 1.53× | — | ||
| Q2 24 | 1.69× | — | ||
| Q1 24 | 1.49× | — |
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 | $-7.9M |
| Free Cash FlowOCF − Capex | $200.5M | $-8.9M |
| FCF MarginFCF / Revenue | 19.4% | -78.7% |
| Capex IntensityCapex / Revenue | 3.8% | 9.1% |
| Cash ConversionOCF / Net Profit | 1.63× | — |
| TTM Free Cash FlowTrailing 4 quarters | $685.7M | $-57.4M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $240.1M | $-7.9M | ||
| Q3 25 | $229.5M | $-13.3M | ||
| Q2 25 | $209.7M | $-14.9M | ||
| Q1 25 | $104.5M | $-17.5M | ||
| Q4 24 | $219.0M | $-21.9M | ||
| Q3 24 | $231.9M | $-23.1M | ||
| Q2 24 | $173.0M | $-26.0M | ||
| Q1 24 | $51.1M | $-22.9M |
| Q4 25 | $200.5M | $-8.9M | ||
| Q3 25 | $209.8M | $-14.0M | ||
| Q2 25 | $192.0M | $-16.3M | ||
| Q1 25 | $83.4M | $-18.1M | ||
| Q4 24 | $194.9M | $-23.3M | ||
| Q3 24 | $212.0M | $-24.7M | ||
| Q2 24 | $152.1M | $-27.8M | ||
| Q1 24 | $23.9M | $-26.2M |
| Q4 25 | 19.4% | -78.7% | ||
| Q3 25 | 19.6% | -245.9% | ||
| Q2 25 | 18.8% | -277.7% | ||
| Q1 25 | 8.9% | -660.0% | ||
| Q4 24 | 20.6% | -216.3% | ||
| Q3 24 | 21.9% | -555.3% | ||
| Q2 24 | 15.8% | -431.1% | ||
| Q1 24 | 2.7% | -525.6% |
| Q4 25 | 3.8% | 9.1% | ||
| Q3 25 | 1.8% | 12.9% | ||
| Q2 25 | 1.7% | 24.3% | ||
| Q1 25 | 2.2% | 22.3% | ||
| Q4 24 | 2.5% | 13.1% | ||
| Q3 24 | 2.1% | 35.6% | ||
| Q2 24 | 2.2% | 28.5% | ||
| Q1 24 | 3.0% | 65.1% |
| Q4 25 | 1.63× | — | ||
| Q3 25 | 1.22× | — | ||
| Q2 25 | 1.31× | — | ||
| Q1 25 | 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% |
LVWR
Segment breakdown not available.
