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Side-by-side financial comparison of Allegion (ALLE) and NCR Atleos Corp (NATL). Click either name above to swap in a different company.
NCR Atleos Corp is the larger business by last-quarter revenue ($1.2B vs $1.0B, roughly 1.1× Allegion). Allegion runs the higher net margin — 14.3% vs 7.2%, a 7.1% gap on every dollar of revenue. On growth, Allegion posted the faster year-over-year revenue change (9.3% vs 4.0%). Allegion produced more free cash flow last quarter ($200.5M vs $194.0M). Over the past eight quarters, Allegion's revenue compounded faster (7.5% CAGR vs 4.9%).
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...
NCR Voyix Corporation, previously known as NCR Corporation and National Cash Register, is a global software, consulting and technology company providing several professional services and electronic products. It manufactured self-service kiosks, point-of-sale terminals, automated teller machines, check processing systems, and barcode scanners.
ALLE vs NATL — Head-to-Head
Income Statement — Q4 2025 vs Q4 2025
| Metric | | |
|---|---|---|
| Revenue | $1.0B | $1.2B |
| Net Profit | $147.5M | $83.0M |
| Gross Margin | 44.5% | — |
| Operating Margin | 20.3% | 13.5% |
| Net Margin | 14.3% | 7.2% |
| Revenue YoY | 9.3% | 4.0% |
| Net Profit YoY | 2.4% | 102.4% |
| EPS (diluted) | $1.70 | $1.09 |
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 | $1.2B | ||
| Q3 25 | $1.1B | $1.1B | ||
| Q2 25 | $1.0B | $1.1B | ||
| Q1 25 | $941.9M | $979.0M | ||
| Q4 24 | $945.6M | $1.1B | ||
| Q3 24 | $967.1M | $1.1B | ||
| Q2 24 | $965.6M | $1.1B | ||
| Q1 24 | $893.9M | $1.0B |
| Q4 25 | $147.5M | $83.0M | ||
| Q3 25 | $188.4M | $26.0M | ||
| Q2 25 | $159.7M | $39.0M | ||
| Q1 25 | $148.2M | $14.0M | ||
| Q4 24 | $144.1M | $41.0M | ||
| Q3 24 | $174.2M | $21.0M | ||
| Q2 24 | $155.4M | $27.0M | ||
| Q1 24 | $123.8M | $-9.0M |
| 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% | 13.5% | ||
| Q3 25 | 21.8% | 9.8% | ||
| Q2 25 | 21.5% | 10.8% | ||
| Q1 25 | 20.9% | 9.5% | ||
| Q4 24 | 19.5% | 13.4% | ||
| Q3 24 | 22.2% | 10.6% | ||
| Q2 24 | 21.6% | 9.8% | ||
| Q1 24 | 19.3% | 6.5% |
| Q4 25 | 14.3% | 7.2% | ||
| Q3 25 | 17.6% | 2.3% | ||
| Q2 25 | 15.6% | 3.5% | ||
| Q1 25 | 15.7% | 1.4% | ||
| Q4 24 | 15.2% | 3.7% | ||
| Q3 24 | 18.0% | 2.0% | ||
| Q2 24 | 16.1% | 2.5% | ||
| Q1 24 | 13.8% | -0.9% |
| Q4 25 | $1.70 | $1.09 | ||
| Q3 25 | $2.18 | $0.34 | ||
| Q2 25 | $1.85 | $0.52 | ||
| Q1 25 | $1.71 | $0.19 | ||
| Q4 24 | $1.65 | $0.56 | ||
| Q3 24 | $1.99 | $0.28 | ||
| Q2 24 | $1.77 | $0.37 | ||
| Q1 24 | $1.41 | $-0.13 |
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 | $456.0M |
| Total DebtLower is stronger | $2.0B | $2.7B |
| Stockholders' EquityBook value | $2.1B | $403.0M |
| Total Assets | $5.2B | $5.7B |
| Debt / EquityLower = less leverage | 0.96× | 6.63× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $356.2M | $456.0M | ||
| Q3 25 | $302.7M | $412.0M | ||
| Q2 25 | $656.8M | $357.0M | ||
| Q1 25 | $494.5M | $352.0M | ||
| Q4 24 | $503.8M | $419.0M | ||
| Q3 24 | $878.9M | $395.0M | ||
| Q2 24 | $747.5M | $374.0M | ||
| Q1 24 | $391.8M | $343.0M |
| Q4 25 | $2.0B | $2.7B | ||
| Q3 25 | $2.1B | $2.8B | ||
| Q2 25 | $2.1B | $2.8B | ||
| Q1 25 | $2.0B | — | ||
| Q4 24 | $2.0B | $2.9B | ||
| Q3 24 | $2.4B | — | ||
| Q2 24 | $2.4B | — | ||
| Q1 24 | $2.0B | — |
| Q4 25 | $2.1B | $403.0M | ||
| Q3 25 | $1.9B | $330.0M | ||
| Q2 25 | $1.8B | $350.0M | ||
| Q1 25 | $1.6B | $275.0M | ||
| Q4 24 | $1.5B | $219.0M | ||
| Q3 24 | $1.6B | $264.0M | ||
| Q2 24 | $1.4B | $250.0M | ||
| Q1 24 | $1.4B | $283.0M |
| Q4 25 | $5.2B | $5.7B | ||
| Q3 25 | $5.2B | $5.7B | ||
| Q2 25 | $4.9B | $5.8B | ||
| Q1 25 | $4.6B | $5.7B | ||
| Q4 24 | $4.5B | $5.5B | ||
| Q3 24 | $5.0B | $5.7B | ||
| Q2 24 | $4.8B | $5.8B | ||
| Q1 24 | $4.3B | $5.8B |
| Q4 25 | 0.96× | 6.63× | ||
| Q3 25 | 1.07× | 8.45× | ||
| Q2 25 | 1.16× | 8.05× | ||
| Q1 25 | 1.24× | — | ||
| Q4 24 | 1.33× | 13.05× | ||
| 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 | $231.0M |
| Free Cash FlowOCF − Capex | $200.5M | $194.0M |
| FCF MarginFCF / Revenue | 19.4% | 16.8% |
| Capex IntensityCapex / Revenue | 3.8% | 3.2% |
| Cash ConversionOCF / Net Profit | 1.63× | 2.78× |
| TTM Free Cash FlowTrailing 4 quarters | $685.7M | $239.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $240.1M | $231.0M | ||
| Q3 25 | $229.5M | $25.0M | ||
| Q2 25 | $209.7M | $-23.0M | ||
| Q1 25 | $104.5M | $123.0M | ||
| Q4 24 | $219.0M | $80.0M | ||
| Q3 24 | $231.9M | $107.0M | ||
| Q2 24 | $173.0M | $9.0M | ||
| Q1 24 | $51.1M | $148.0M |
| Q4 25 | $200.5M | $194.0M | ||
| Q3 25 | $209.8M | $-5.0M | ||
| Q2 25 | $192.0M | $-44.0M | ||
| Q1 25 | $83.4M | $94.0M | ||
| Q4 24 | $194.9M | $62.0M | ||
| Q3 24 | $212.0M | $85.0M | ||
| Q2 24 | $152.1M | $-14.0M | ||
| Q1 24 | $23.9M | $124.0M |
| Q4 25 | 19.4% | 16.8% | ||
| Q3 25 | 19.6% | -0.4% | ||
| Q2 25 | 18.8% | -4.0% | ||
| Q1 25 | 8.9% | 9.6% | ||
| Q4 24 | 20.6% | 5.6% | ||
| Q3 24 | 21.9% | 7.9% | ||
| Q2 24 | 15.8% | -1.3% | ||
| Q1 24 | 2.7% | 11.9% |
| Q4 25 | 3.8% | 3.2% | ||
| Q3 25 | 1.8% | 2.7% | ||
| Q2 25 | 1.7% | 1.9% | ||
| Q1 25 | 2.2% | 3.0% | ||
| Q4 24 | 2.5% | 1.6% | ||
| Q3 24 | 2.1% | 2.1% | ||
| Q2 24 | 2.2% | 2.1% | ||
| Q1 24 | 3.0% | 2.3% |
| Q4 25 | 1.63× | 2.78× | ||
| Q3 25 | 1.22× | 0.96× | ||
| Q2 25 | 1.31× | -0.59× | ||
| Q1 25 | 0.71× | 8.79× | ||
| Q4 24 | 1.52× | 1.95× | ||
| Q3 24 | 1.33× | 5.10× | ||
| Q2 24 | 1.11× | 0.33× | ||
| 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% |
NATL
| Services | $848.0M | 74% |
| APJ | $136.0M | 12% |
| Americas Excluding United States | $135.0M | 12% |
| TT | $44.0M | 4% |
