vs

Side-by-side financial comparison of Allegion (ALLE) and OLD NATIONAL BANCORP (ONB). Click either name above to swap in a different company.

Allegion is the larger business by last-quarter revenue ($1.0B vs $702.8M, roughly 1.5× OLD NATIONAL BANCORP). OLD NATIONAL BANCORP runs the higher net margin — 33.3% vs 13.4%, a 19.9% gap on every dollar of revenue. On growth, Allegion posted the faster year-over-year revenue change (9.7% vs 0.6%). Over the past eight quarters, OLD NATIONAL BANCORP's revenue compounded faster (34.5% 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...

Old National Bank is an American regional bank with nearly 200 retail branches operated by Old National Bancorp and based in Chicago and Evansville, Indiana. With assets at $48.5 billion and 250 banking centers, Old National Bancorp is the largest financial services bank holding company headquartered in Indiana and one of the top 30 banking companies in the U.S. Old National Bank has locations in Illinois, Indiana, Iowa, Kentucky, Michigan, Minnesota, Tennessee, and Wisconsin.

ALLE vs ONB — Head-to-Head

Bigger by revenue
ALLE
ALLE
1.5× larger
ALLE
$1.0B
$702.8M
ONB
Growing faster (revenue YoY)
ALLE
ALLE
+9.1% gap
ALLE
9.7%
0.6%
ONB
Higher net margin
ONB
ONB
19.9% more per $
ONB
33.3%
13.4%
ALLE
Faster 2-yr revenue CAGR
ONB
ONB
Annualised
ONB
34.5%
3.5%
ALLE

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
ALLE
ALLE
ONB
ONB
Revenue
$1.0B
$702.8M
Net Profit
$138.1M
$233.7M
Gross Margin
44.0%
Operating Margin
18.9%
Net Margin
13.4%
33.3%
Revenue YoY
9.7%
0.6%
Net Profit YoY
-6.8%
61.5%
EPS (diluted)

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.

Revenue
ALLE
ALLE
ONB
ONB
Q1 26
$1.0B
$702.8M
Q4 25
$1.0B
$580.8M
Q3 25
$1.1B
$574.6M
Q2 25
$1.0B
$514.8M
Q1 25
$941.9M
$387.6M
Q4 24
$945.6M
$394.2M
Q3 24
$967.1M
$391.7M
Q2 24
$965.6M
$388.4M
Net Profit
ALLE
ALLE
ONB
ONB
Q1 26
$138.1M
$233.7M
Q4 25
$147.5M
$216.6M
Q3 25
$188.4M
$182.6M
Q2 25
$159.7M
$125.4M
Q1 25
$148.2M
$144.7M
Q4 24
$144.1M
$153.9M
Q3 24
$174.2M
$143.8M
Q2 24
$155.4M
$121.2M
Gross Margin
ALLE
ALLE
ONB
ONB
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%
Operating Margin
ALLE
ALLE
ONB
ONB
Q1 26
18.9%
Q4 25
20.3%
46.7%
Q3 25
21.8%
40.5%
Q2 25
21.5%
30.2%
Q1 25
20.9%
46.8%
Q4 24
19.5%
47.2%
Q3 24
22.2%
47.2%
Q2 24
21.6%
40.3%
Net Margin
ALLE
ALLE
ONB
ONB
Q1 26
13.4%
33.3%
Q4 25
14.3%
37.3%
Q3 25
17.6%
31.8%
Q2 25
15.6%
24.4%
Q1 25
15.7%
37.3%
Q4 24
15.2%
39.0%
Q3 24
18.0%
36.7%
Q2 24
16.1%
31.2%
EPS (diluted)
ALLE
ALLE
ONB
ONB
Q1 26
Q4 25
$1.70
$0.55
Q3 25
$2.18
$0.46
Q2 25
$1.85
$0.34
Q1 25
$1.71
$0.44
Q4 24
$1.65
$0.47
Q3 24
$1.99
$0.44
Q2 24
$1.77
$0.37

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ALLE
ALLE
ONB
ONB
Cash + ST InvestmentsLiquidity on hand
$308.9M
Total DebtLower is stronger
$2.0B
Stockholders' EquityBook value
$2.1B
$8.5B
Total Assets
$5.3B
$73.0B
Debt / EquityLower = less leverage
0.97×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ALLE
ALLE
ONB
ONB
Q1 26
$308.9M
Q4 25
$356.2M
$1.8B
Q3 25
$302.7M
$1.7B
Q2 25
$656.8M
$1.8B
Q1 25
$494.5M
$1.2B
Q4 24
$503.8M
$1.2B
Q3 24
$878.9M
$1.2B
Q2 24
$747.5M
$1.2B
Total Debt
ALLE
ALLE
ONB
ONB
Q1 26
$2.0B
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
Stockholders' Equity
ALLE
ALLE
ONB
ONB
Q1 26
$2.1B
$8.5B
Q4 25
$2.1B
$8.5B
Q3 25
$1.9B
$8.3B
Q2 25
$1.8B
$8.1B
Q1 25
$1.6B
$6.5B
Q4 24
$1.5B
$6.3B
Q3 24
$1.6B
$6.4B
Q2 24
$1.4B
$6.1B
Total Assets
ALLE
ALLE
ONB
ONB
Q1 26
$5.3B
$73.0B
Q4 25
$5.2B
$72.2B
Q3 25
$5.2B
$71.2B
Q2 25
$4.9B
$71.0B
Q1 25
$4.6B
$53.9B
Q4 24
$4.5B
$53.6B
Q3 24
$5.0B
$53.6B
Q2 24
$4.8B
$53.1B
Debt / Equity
ALLE
ALLE
ONB
ONB
Q1 26
0.97×
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×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ALLE
ALLE
ONB
ONB
Operating Cash FlowLast quarter
$101.3M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
2.0%
Cash ConversionOCF / Net Profit
0.73×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ALLE
ALLE
ONB
ONB
Q1 26
$101.3M
Q4 25
$240.1M
$159.2M
Q3 25
$229.5M
$341.2M
Q2 25
$209.7M
$72.9M
Q1 25
$104.5M
$108.2M
Q4 24
$219.0M
$235.8M
Q3 24
$231.9M
$121.3M
Q2 24
$173.0M
$161.0M
Free Cash Flow
ALLE
ALLE
ONB
ONB
Q1 26
Q4 25
$200.5M
$137.3M
Q3 25
$209.8M
$333.6M
Q2 25
$192.0M
$64.1M
Q1 25
$83.4M
$102.4M
Q4 24
$194.9M
$229.0M
Q3 24
$212.0M
$115.7M
Q2 24
$152.1M
$151.6M
FCF Margin
ALLE
ALLE
ONB
ONB
Q1 26
Q4 25
19.4%
23.6%
Q3 25
19.6%
58.1%
Q2 25
18.8%
12.4%
Q1 25
8.9%
26.4%
Q4 24
20.6%
58.1%
Q3 24
21.9%
29.5%
Q2 24
15.8%
39.0%
Capex Intensity
ALLE
ALLE
ONB
ONB
Q1 26
2.0%
Q4 25
3.8%
3.8%
Q3 25
1.8%
1.3%
Q2 25
1.7%
1.7%
Q1 25
2.2%
1.5%
Q4 24
2.5%
1.7%
Q3 24
2.1%
1.4%
Q2 24
2.2%
2.4%
Cash Conversion
ALLE
ALLE
ONB
ONB
Q1 26
0.73×
Q4 25
1.63×
0.73×
Q3 25
1.22×
1.87×
Q2 25
1.31×
0.58×
Q1 25
0.71×
0.75×
Q4 24
1.52×
1.53×
Q3 24
1.33×
0.84×
Q2 24
1.11×
1.33×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ALLE
ALLE

Allegion Americas$809.9M78%
Allegion International$223.7M22%

ONB
ONB

Segment breakdown not available.

Related Comparisons