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Side-by-side financial comparison of Allegion (ALLE) and TRINITY INDUSTRIES INC (TRN). Click either name above to swap in a different company.

Allegion is the larger business by last-quarter revenue ($1.0B vs $611.2M, roughly 1.7× TRINITY INDUSTRIES INC). TRINITY INDUSTRIES INC runs the higher net margin — 31.8% vs 14.3%, a 17.5% gap on every dollar of revenue. On growth, Allegion posted the faster year-over-year revenue change (9.3% vs -2.9%). Allegion produced more free cash flow last quarter ($200.5M vs $158.6M). Over the past eight quarters, Allegion's revenue compounded faster (7.5% CAGR vs -13.1%).

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...

Trinity Industries Inc. is an American industrial corporation that owns a variety of businesses which provide products and services to the industrial, energy, transportation and construction sectors.

ALLE vs TRN — Head-to-Head

Bigger by revenue
ALLE
ALLE
1.7× larger
ALLE
$1.0B
$611.2M
TRN
Growing faster (revenue YoY)
ALLE
ALLE
+12.2% gap
ALLE
9.3%
-2.9%
TRN
Higher net margin
TRN
TRN
17.5% more per $
TRN
31.8%
14.3%
ALLE
More free cash flow
ALLE
ALLE
$41.9M more FCF
ALLE
$200.5M
$158.6M
TRN
Faster 2-yr revenue CAGR
ALLE
ALLE
Annualised
ALLE
7.5%
-13.1%
TRN

Income Statement — Q4 2025 vs Q4 2025

Metric
ALLE
ALLE
TRN
TRN
Revenue
$1.0B
$611.2M
Net Profit
$147.5M
$194.2M
Gross Margin
44.5%
25.5%
Operating Margin
20.3%
54.9%
Net Margin
14.3%
31.8%
Revenue YoY
9.3%
-2.9%
Net Profit YoY
2.4%
413.8%
EPS (diluted)
$1.70
$2.25

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
TRN
TRN
Q4 25
$1.0B
$611.2M
Q3 25
$1.1B
$454.1M
Q2 25
$1.0B
$506.2M
Q1 25
$941.9M
$585.4M
Q4 24
$945.6M
$629.4M
Q3 24
$967.1M
$798.8M
Q2 24
$965.6M
$841.4M
Q1 24
$893.9M
$809.6M
Net Profit
ALLE
ALLE
TRN
TRN
Q4 25
$147.5M
$194.2M
Q3 25
$188.4M
$30.3M
Q2 25
$159.7M
$14.1M
Q1 25
$148.2M
$22.1M
Q4 24
$144.1M
$37.8M
Q3 24
$174.2M
$31.4M
Q2 24
$155.4M
$54.4M
Q1 24
$123.8M
$23.7M
Gross Margin
ALLE
ALLE
TRN
TRN
Q4 25
44.5%
25.5%
Q3 25
45.8%
31.1%
Q2 25
45.6%
26.4%
Q1 25
44.9%
24.3%
Q4 24
44.1%
24.6%
Q3 24
44.7%
21.2%
Q2 24
44.4%
21.3%
Q1 24
43.8%
20.3%
Operating Margin
ALLE
ALLE
TRN
TRN
Q4 25
20.3%
54.9%
Q3 25
21.8%
26.1%
Q2 25
21.5%
18.8%
Q1 25
20.9%
17.0%
Q4 24
19.5%
17.8%
Q3 24
22.2%
15.3%
Q2 24
21.6%
16.9%
Q1 24
19.3%
14.2%
Net Margin
ALLE
ALLE
TRN
TRN
Q4 25
14.3%
31.8%
Q3 25
17.6%
6.7%
Q2 25
15.6%
2.8%
Q1 25
15.7%
3.8%
Q4 24
15.2%
6.0%
Q3 24
18.0%
3.9%
Q2 24
16.1%
6.5%
Q1 24
13.8%
2.9%
EPS (diluted)
ALLE
ALLE
TRN
TRN
Q4 25
$1.70
$2.25
Q3 25
$2.18
$0.37
Q2 25
$1.85
$0.17
Q1 25
$1.71
$0.26
Q4 24
$1.65
$0.34
Q3 24
$1.99
$0.37
Q2 24
$1.77
$0.65
Q1 24
$1.41
$0.28

Balance Sheet & Financial Strength

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

Metric
ALLE
ALLE
TRN
TRN
Cash + ST InvestmentsLiquidity on hand
$356.2M
$201.3M
Total DebtLower is stronger
$2.0B
Stockholders' EquityBook value
$2.1B
$1.1B
Total Assets
$5.2B
$8.4B
Debt / EquityLower = less leverage
0.96×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ALLE
ALLE
TRN
TRN
Q4 25
$356.2M
$201.3M
Q3 25
$302.7M
$66.3M
Q2 25
$656.8M
$147.7M
Q1 25
$494.5M
$94.9M
Q4 24
$503.8M
$228.2M
Q3 24
$878.9M
$222.4M
Q2 24
$747.5M
$257.1M
Q1 24
$391.8M
$118.8M
Total Debt
ALLE
ALLE
TRN
TRN
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
Stockholders' Equity
ALLE
ALLE
TRN
TRN
Q4 25
$2.1B
$1.1B
Q3 25
$1.9B
$1.0B
Q2 25
$1.8B
$1.0B
Q1 25
$1.6B
$1.1B
Q4 24
$1.5B
$1.1B
Q3 24
$1.6B
$1.1B
Q2 24
$1.4B
$1.1B
Q1 24
$1.4B
$1.0B
Total Assets
ALLE
ALLE
TRN
TRN
Q4 25
$5.2B
$8.4B
Q3 25
$5.2B
$8.9B
Q2 25
$4.9B
$8.8B
Q1 25
$4.6B
$8.7B
Q4 24
$4.5B
$8.8B
Q3 24
$5.0B
$8.8B
Q2 24
$4.8B
$9.0B
Q1 24
$4.3B
$9.1B
Debt / Equity
ALLE
ALLE
TRN
TRN
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
ALLE
ALLE
TRN
TRN
Operating Cash FlowLast quarter
$240.1M
$177.4M
Free Cash FlowOCF − Capex
$200.5M
$158.6M
FCF MarginFCF / Revenue
19.4%
25.9%
Capex IntensityCapex / Revenue
3.8%
3.1%
Cash ConversionOCF / Net Profit
1.63×
0.91×
TTM Free Cash FlowTrailing 4 quarters
$685.7M
$314.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ALLE
ALLE
TRN
TRN
Q4 25
$240.1M
$177.4M
Q3 25
$229.5M
$44.2M
Q2 25
$209.7M
$61.6M
Q1 25
$104.5M
$76.5M
Q4 24
$219.0M
$201.6M
Q3 24
$231.9M
$78.5M
Q2 24
$173.0M
$241.5M
Q1 24
$51.1M
$52.2M
Free Cash Flow
ALLE
ALLE
TRN
TRN
Q4 25
$200.5M
$158.6M
Q3 25
$209.8M
$35.3M
Q2 25
$192.0M
$52.9M
Q1 25
$83.4M
$67.3M
Q4 24
$194.9M
$180.1M
Q3 24
$212.0M
$62.1M
Q2 24
$152.1M
$230.2M
Q1 24
$23.9M
$47.6M
FCF Margin
ALLE
ALLE
TRN
TRN
Q4 25
19.4%
25.9%
Q3 25
19.6%
7.8%
Q2 25
18.8%
10.5%
Q1 25
8.9%
11.5%
Q4 24
20.6%
28.6%
Q3 24
21.9%
7.8%
Q2 24
15.8%
27.4%
Q1 24
2.7%
5.9%
Capex Intensity
ALLE
ALLE
TRN
TRN
Q4 25
3.8%
3.1%
Q3 25
1.8%
2.0%
Q2 25
1.7%
1.7%
Q1 25
2.2%
1.6%
Q4 24
2.5%
3.4%
Q3 24
2.1%
2.1%
Q2 24
2.2%
1.3%
Q1 24
3.0%
0.6%
Cash Conversion
ALLE
ALLE
TRN
TRN
Q4 25
1.63×
0.91×
Q3 25
1.22×
1.46×
Q2 25
1.31×
4.37×
Q1 25
0.71×
3.46×
Q4 24
1.52×
5.33×
Q3 24
1.33×
2.50×
Q2 24
1.11×
4.44×
Q1 24
0.41×
2.20×

Financial Flow Comparison

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

Revenue Breakdown by Segment

ALLE
ALLE

Products$750.2M73%
Allegion International$237.7M23%
Services$45.2M4%

TRN
TRN

Manufacturing$296.5M49%
Leasing And Management$234.8M38%
Maintenance Services Domain$69.8M11%
Digital Logistics Services$11.2M2%

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