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Side-by-side financial comparison of Allegion (ALLE) and Teradyne (TER). Click either name above to swap in a different company.

Teradyne is the larger business by last-quarter revenue ($1.3B vs $1.0B, roughly 1.2× Allegion). Teradyne runs the higher net margin — 31.1% vs 13.4%, a 17.7% gap on every dollar of revenue. On growth, Teradyne posted the faster year-over-year revenue change (87.0% vs 9.7%). Over the past eight quarters, Teradyne's revenue compounded faster (32.6% 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...

Teradyne, Inc. is an American automatic test equipment (ATE) designer and manufacturer based in North Reading, Massachusetts. Its high-profile customers include Samsung, Qualcomm, Intel, Analog Devices, Texas Instruments and IBM.

ALLE vs TER — Head-to-Head

Bigger by revenue
TER
TER
1.2× larger
TER
$1.3B
$1.0B
ALLE
Growing faster (revenue YoY)
TER
TER
+77.3% gap
TER
87.0%
9.7%
ALLE
Higher net margin
TER
TER
17.7% more per $
TER
31.1%
13.4%
ALLE
Faster 2-yr revenue CAGR
TER
TER
Annualised
TER
32.6%
3.5%
ALLE

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
ALLE
ALLE
TER
TER
Revenue
$1.0B
$1.3B
Net Profit
$138.1M
$398.9M
Gross Margin
44.0%
60.9%
Operating Margin
18.9%
36.9%
Net Margin
13.4%
31.1%
Revenue YoY
9.7%
87.0%
Net Profit YoY
-6.8%
EPS (diluted)
$2.53

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
TER
TER
Q1 26
$1.0B
$1.3B
Q4 25
$1.0B
$1.1B
Q3 25
$1.1B
$769.2M
Q2 25
$1.0B
$651.8M
Q1 25
$941.9M
$685.7M
Q4 24
$945.6M
$752.9M
Q3 24
$967.1M
$737.3M
Q2 24
$965.6M
$729.9M
Net Profit
ALLE
ALLE
TER
TER
Q1 26
$138.1M
$398.9M
Q4 25
$147.5M
$257.2M
Q3 25
$188.4M
$119.6M
Q2 25
$159.7M
$78.4M
Q1 25
$148.2M
$98.9M
Q4 24
$144.1M
$146.3M
Q3 24
$174.2M
$145.6M
Q2 24
$155.4M
$186.3M
Gross Margin
ALLE
ALLE
TER
TER
Q1 26
44.0%
60.9%
Q4 25
44.5%
57.2%
Q3 25
45.8%
58.4%
Q2 25
45.6%
57.2%
Q1 25
44.9%
60.6%
Q4 24
44.1%
59.4%
Q3 24
44.7%
59.2%
Q2 24
44.4%
58.3%
Operating Margin
ALLE
ALLE
TER
TER
Q1 26
18.9%
36.9%
Q4 25
20.3%
27.1%
Q3 25
21.8%
18.9%
Q2 25
21.5%
13.9%
Q1 25
20.9%
17.6%
Q4 24
19.5%
20.4%
Q3 24
22.2%
20.6%
Q2 24
21.6%
28.8%
Net Margin
ALLE
ALLE
TER
TER
Q1 26
13.4%
31.1%
Q4 25
14.3%
23.7%
Q3 25
17.6%
15.5%
Q2 25
15.6%
12.0%
Q1 25
15.7%
14.4%
Q4 24
15.2%
19.4%
Q3 24
18.0%
19.8%
Q2 24
16.1%
25.5%
EPS (diluted)
ALLE
ALLE
TER
TER
Q1 26
$2.53
Q4 25
$1.70
$1.62
Q3 25
$2.18
$0.75
Q2 25
$1.85
$0.49
Q1 25
$1.71
$0.61
Q4 24
$1.65
$0.89
Q3 24
$1.99
$0.89
Q2 24
$1.77
$1.14

Balance Sheet & Financial Strength

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

Metric
ALLE
ALLE
TER
TER
Cash + ST InvestmentsLiquidity on hand
$308.9M
$241.9M
Total DebtLower is stronger
$2.0B
$0
Stockholders' EquityBook value
$2.1B
Total Assets
$5.3B
$4.4B
Debt / EquityLower = less leverage
0.97×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ALLE
ALLE
TER
TER
Q1 26
$308.9M
$241.9M
Q4 25
$356.2M
$293.8M
Q3 25
$302.7M
$272.7M
Q2 25
$656.8M
$339.3M
Q1 25
$494.5M
$475.6M
Q4 24
$503.8M
$553.4M
Q3 24
$878.9M
$510.0M
Q2 24
$747.5M
$421.9M
Total Debt
ALLE
ALLE
TER
TER
Q1 26
$2.0B
$0
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
TER
TER
Q1 26
$2.1B
Q4 25
$2.1B
$2.8B
Q3 25
$1.9B
$2.7B
Q2 25
$1.8B
$2.8B
Q1 25
$1.6B
$2.8B
Q4 24
$1.5B
$2.8B
Q3 24
$1.6B
$2.9B
Q2 24
$1.4B
$2.7B
Total Assets
ALLE
ALLE
TER
TER
Q1 26
$5.3B
$4.4B
Q4 25
$5.2B
$4.2B
Q3 25
$5.2B
$4.0B
Q2 25
$4.9B
$3.8B
Q1 25
$4.6B
$3.7B
Q4 24
$4.5B
$3.7B
Q3 24
$5.0B
$3.8B
Q2 24
$4.8B
$3.6B
Debt / Equity
ALLE
ALLE
TER
TER
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
TER
TER
Operating Cash FlowLast quarter
$101.3M
$265.1M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
2.0%
Cash ConversionOCF / Net Profit
0.73×
0.66×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ALLE
ALLE
TER
TER
Q1 26
$101.3M
$265.1M
Q4 25
$240.1M
$281.6M
Q3 25
$229.5M
$49.0M
Q2 25
$209.7M
$182.1M
Q1 25
$104.5M
$161.6M
Q4 24
$219.0M
$282.6M
Q3 24
$231.9M
$166.3M
Q2 24
$173.0M
$216.1M
Free Cash Flow
ALLE
ALLE
TER
TER
Q1 26
Q4 25
$200.5M
$218.8M
Q3 25
$209.8M
$2.4M
Q2 25
$192.0M
$131.7M
Q1 25
$83.4M
$97.6M
Q4 24
$194.9M
$225.2M
Q3 24
$212.0M
$114.4M
Q2 24
$152.1M
$171.2M
FCF Margin
ALLE
ALLE
TER
TER
Q1 26
Q4 25
19.4%
20.2%
Q3 25
19.6%
0.3%
Q2 25
18.8%
20.2%
Q1 25
8.9%
14.2%
Q4 24
20.6%
29.9%
Q3 24
21.9%
15.5%
Q2 24
15.8%
23.5%
Capex Intensity
ALLE
ALLE
TER
TER
Q1 26
2.0%
Q4 25
3.8%
5.8%
Q3 25
1.8%
6.1%
Q2 25
1.7%
7.7%
Q1 25
2.2%
9.3%
Q4 24
2.5%
7.6%
Q3 24
2.1%
7.0%
Q2 24
2.2%
6.1%
Cash Conversion
ALLE
ALLE
TER
TER
Q1 26
0.73×
0.66×
Q4 25
1.63×
1.09×
Q3 25
1.22×
0.41×
Q2 25
1.31×
2.32×
Q1 25
0.71×
1.63×
Q4 24
1.52×
1.93×
Q3 24
1.33×
1.14×
Q2 24
1.11×
1.16×

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%

TER
TER

Segment breakdown not available.

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